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Technical Analysis Fallacy

  • #32,461
  • Mar 27, 2012 6:15am Mar 27, 2012 6:15am
Quoting N_Trader

Let's see what the market brings today...

Regards
N
So far, not much! at least on EUR/USD
  • #32,462
  • Mar 27, 2012 6:15am Mar 27, 2012 6:15am
Quoting nasir.khan
Your are against strong momentum and whats
only helping you is options defneses (3400-3425). If the sentiment remained as it is than it wontake long before thos defenses gave up and you will be lookng at a print of 3430 soon.

Anyway provided you with what isee you are the commander now.
.
Hi Nasir,

In fact that will likely b my last attempt. Beyond that, I will bite the bullet.

Thanks for your take on this. Much appreciated

Regard
N
  • #32,463
  • Mar 27, 2012 6:56am Mar 27, 2012 6:56am
Hi N,
Rescue does not necessarily end up with BE. (I don't remember where the idea of BE got promoted, but seems it's quite popular )

As your discussion with Tricello, can trade and take profit. If carry BE on mind, may lead to rescue in a hurry or against flow(yesterday buyers couldn't even get several pips bargain, rescue1 and rescue2 were not good ideas ).
  • #32,464
  • Mar 27, 2012 6:58am Mar 27, 2012 6:58am
seems everyone wants buy euro cheaper.
lets see what ny does.
i keep buying euro they keep offering me cheaper.
heli seems not given up on QE.
talk and actions not matching.
some thing is out of alignment.
  • #32,465
  • Mar 27, 2012 7:02am Mar 27, 2012 7:02am
Quoting fti
seems everyone wants buy euro cheaper.
lets see what ny does.
i keep buying euro they keep offering me cheaper.
Euro is "cheap" (pun intended) no matter what price you pay. lol
.
  • #32,466
  • Mar 27, 2012 7:05am Mar 27, 2012 7:05am
Quoting imjscn
Hi N,
Rescue does not necessarily end up with BE. (I don't remember where the idea of BE got promoted, but seems it's quite popular )

As your discussion with Tricello, can trade and take profit. If carry BE on mind, may lead to rescue in a hurry or against flow(yesterday buyers couldn't even get several pips bargain, rescue1 and rescue2 were not good ideas ).
Hi imjscn,

Thanks for your advice I can see y you are one of the best disciples of Chief

I will rem your advice well.

Regards
N
  • #32,467
  • Mar 27, 2012 7:10am Mar 27, 2012 7:10am
N, thanks for your encouragement!
I wish to be, but I know I'm still very well below the best ones.
Working hard...
  • #32,468
  • Mar 27, 2012 7:39am Mar 27, 2012 7:39am
Quoting imjscn
N, thanks for your encouragement!
I wish to be, but I know I'm still very well below the best ones.
Working hard...
ok, your humility has put me to shame

Now, I may just be able to escape this calamity...
I am not greedy... just a small escape path will do....

Rgds
  • #32,469
  • Mar 27, 2012 7:47am Mar 27, 2012 7:47am
My "humility" is well informed "humility" hor.
If you have the right source, you will get to know how much % some TAF peeps are making, it's shocking figures.
I have to be humble knowing those peeps performence, otherwise I will feel shame
  • #32,470
  • Mar 27, 2012 7:57am Mar 27, 2012 7:57am
Quoting imjscn
My "humility" is well informed "humility" hor.
If you have the right source, you will get to know how much % some TAF peeps are making, it's shocking figures.
I have to be humble knowing those peeps performence, otherwise I will feel shame
lol. ok, I am a grain of sand in the vast ocean
I am so far behind you peeps.

真是，天外有天，人上有人。

Everyday, I dream of doing this full time
  • #32,471
  • Mar 27, 2012 8:23am Mar 27, 2012 8:23am
Quoting imjscn
Hi N,
Rescue does not necessarily end up with BE. (I don't remember where the idea of BE got promoted, but seems it's quite popular )

As your discussion with Tricello, can trade and take profit. If carry BE on mind, may lead to rescue in a hurry or against flow(yesterday buyers couldn't even get several pips bargain, rescue1 and rescue2 were not good ideas ).
Wise words from a wise trader. Had to realize this myself yesterday. I was in basically the same boat as N_Trader. Took a small loss because I didn't feel comfortable going to sleep with open positions but got most back before closing.

Good Trading
Mike
  • #32,472
  • Mar 27, 2012 8:51am Mar 27, 2012 8:51am
Quoting N_Trader
Hi imjscn,

Thanks for your advice :hug : I can see y you are one of the best disciples of Chief

I will rem your advice well.

Regards
N
disciples :rofl :
friends only la.
I came here make some friends , not start empire.: rofl:

1.6000 at last
what ball breaking market makers.

regards
  • #32,473
  • Mar 27, 2012 8:56am Mar 27, 2012 8:56am
Hi Chief,

Have not been posting here.. but have always been watching observing..

Praying for you health.. Muamba reminds me of you. miraculous..

anyways.. just wondered if you heard of this shop called "6 capital" a prop firm in singapore.

Run by Peter Teng ex UBS Japan head FX spot?

Any ideas?
  • #32,474
  • Mar 27, 2012 9:06am Mar 27, 2012 9:06am
Quoting imjscn
My "humility" is well informed "humility" hor.
If you have the right source, you will get to know how much % some TAF peeps are making, it's shocking figures.
I have to be humble knowing those peeps performence, otherwise I will feel shame
Hi Jenny,

Hope to be able to trade like you one day and remain humble.

zz
  • #32,475
  • Mar 27, 2012 9:06am Mar 27, 2012 9:06am
Quoting fti
disciples :rofl :
friends only la.
I came here make some friends , not start empire.: rofl:

1.6000 at last
what ball breaking market makers.

regards
hehe, yi ri wei shi, zhong sheng wei fu.

at least, that's the way i see it.

seems like you r recovering very well Chief

It's great to feel your energy.

Regards
  • #32,476
  • Mar 27, 2012 9:08am Mar 27, 2012 9:08am
Quoting 012
Hi Chief,

Have not been posting here.. but have always been watching observing..

Praying for you health.. Muamba reminds me of you. miraculous..

anyways.. just wondered if you heard of this shop called "6 capital" a prop firm in singapore.

Run by Peter Teng ex UBS Japan head FX spot?

Any ideas?
012
there's many exchiefs running many boutique funds in sg.
No throw spot light on them make their lives difficult.
they only take customers who has net worth above 5 mio sgd. smaller funds at least 3 mio.


regards
  • #32,477
  • Mar 27, 2012 9:13am Mar 27, 2012 9:13am
Done

Attached Image


regards
  • #32,478
  • Mar 27, 2012 9:14am Mar 27, 2012 9:14am
Quoting fti
012
there's many exchiefs running many boutique funds in sg.
No throw spot light on them make their lives difficult.

regards
that is why you prefer benevolence behind the electronic curtain??

regards
  • #32,479
  • Mar 27, 2012 9:18am Mar 27, 2012 9:18am
Quoting cuthbert
that is why you prefer benevolence behind the electronic curtain??

regards
no.
I came here initially seeking info, now have many friends.

my health not allow me , be in the market for others.
i disbanded my network already.

regards
  • #32,480
  • Mar 27, 2012 9:20am Mar 27, 2012 9:20am
Quoting fti
no.
I came here initially seeking info, now have many friends.

my health not allow me , be in the market for others.
i disbanded my network already.

regards
so means i have a friend in singapore. i like meeting my friends.

regards
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