ok Q & A time
any questions?
any questions?
The Ultimate Fallacy in Technical Analysis 99 replies
"Technical Analysis Fallacy" thread people, I need your help 54 replies
Technical Analysis Fallacy Redux 23 replies
Statistical analysis fallacy 33 replies
DislikedHe means his average position (I'm using the name that Oanda uses)
So when he says cost 31, he means average position 1.3231
But keep reading the thread from the beginning, you will find even more useful stuffIgnored
Dislikedok alligater,
Arhs is correct that my position cost of the euro.
when you doing business, you must know at all times your cost of merchandise if you are away from volatility range
this only way to stay in business.
understand?
When trading, I am watching 3 kingdoms and their subs.
inclusive crosses.
regardsIgnored
Dislikedhow many pair you watch same time...
3 kgd and there cross could be 2^3 =8 or more?
VIgnored
DislikedDid you mean that you were too far away from the hourly average and you preferered to take profit?
Would you target 1.3200 if (hypothetically) you stayed in?Ignored
DislikedNo.
If you remember fridays trades.
My cost never runs away from markets.
Once cost runs away like what happened today, that means i am not in the market flow.
there fore had to strategise draw from other markets
and square out as well as possible.
When on flow is very fluid.
today was not
friday was more fluid.
so mean today i "out of range".
need realign to the new volatility later.
The sigma of today drew away from my cost too quickly.
so my volatility read was wrong.Ignored
DislikedThat's an important concept that was not clear to me before. Thanks for explainingIgnored
DislikedNo.
If you remember fridays trades.
My cost never runs away from markets.
Once cost runs away like what happened today, that means i am not in the market flow.
there fore had to strategise draw from other markets
and square out as well as possible.
When on flow is very fluid.
today was not
friday was more fluid.
so mean today i "out of range".
need realign to the new volatility later.
The sigma of today drew away from my cost too quickly.
so my volatility read was wrong.
Although still have lots bullets, i prefer work with foreign cap.
Makes...Ignored
DislikedSo Chief,
If I understand this correctly, it means that you may take positions in other pairs that are moving opposite your position in the original pair? In order to profit from one as the other is moving against you?
Thanks
MikeIgnored
DislikedNo.
If you remember fridays trades.
My cost never runs away from markets.
Once cost runs away like what happened today, that means i am not in the market flow.
there fore had to strategise draw from other markets
and square out as well as possible.
When on flow is very fluid.
today was not
friday was more fluid.
so mean today i "out of range".
need realign to the new volatility later.
The sigma of today drew away from my cost too quickly.
so my volatility read was wrong.
Although still have lots bullets, i prefer work with foreign...Ignored
Dislikedright eye is in trouble, so actually wanted say i take a rest, while keep left eye on the market. If she twitches before franfurt comes in i himm hammer her again.
I never trade to my bias, always to what markets are doing.
Today my emotions not so good.
Whitney died.
regardsIgnored
Dislikedit depends what impulse is doing.
Is impulse is in line like today you go 1 way.
today was usd strength.
You need quick snap shots of what each is doing relative to your core positioning.
You need at all time be aware what the sigma, (speed of delta change) is doing, across the board.
That tells if the market can trend or not.
Is not difficult , because all are quoted against the usd.
you need recognise what each is doing against the usd.
Today usd sigma was building across the board., but due to manipulation is not filtering into the euro/usd.
What...Ignored