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Technical Analysis Fallacy

  • #35,461
  • Aug 3, 2012 8:48am Aug 3, 2012 8:48am
Quoting doddy
OK TY.I bought Darkstar book to further understand it but would like FTI wisdom here.
Is it possible you on the wrong thread?

regards
  • #35,462
  • Aug 3, 2012 9:21am Aug 3, 2012 9:21am
major covert manipulation in markets.
is gonna be a long night for me.
they trying change the technical perspective.
but i don't think thery will succeed.
but sure took out lots buys stops trading against the good usd NFP figs.
I hope they go bankupt in their endevour.
They using the euro crosses as well.
Market manipulators always die. is a matter of time.

regards
  • #35,463
  • Aug 3, 2012 10:03am Aug 3, 2012 10:03am
Hi all


This is interesting to practice on and see your results.....


http://www.chartgame.com/


regards


Phil.
-be careful about what you allow to be put in your mind-
  • #35,464
  • Aug 3, 2012 11:00am Aug 3, 2012 11:00am
Amazing.
Who is shooting missiles ?
A huge dump all over.
The world is saved!
Empty as water and soft as a facing wind mountain
  • #35,465
  • Aug 3, 2012 11:02am Aug 3, 2012 11:02am
Quoting fti
major covert manipulation in markets.
is gonna be a long night for me.
they trying change the technical perspective.
but i don't think thery will succeed.
but sure took out lots buys stops trading against the good usd NFP figs.
I hope they go bankupt in their endevour.
They using the euro crosses as well.
Market manipulators always die. is a matter of time.

regards

someone has deep pockets....charts are saying that


V
  • #35,466
  • Aug 3, 2012 2:49pm Aug 3, 2012 2:49pm
Here is Friday afternoon gift.
Somebody really really lie.

A bunch of good news that support the Euro rally
Attached Image (click to enlarge)
Click to Enlarge Name: Cap6.JPG Size: 45 KB
Empty as water and soft as a facing wind mountain
  • #35,467
  • Aug 3, 2012 9:47pm Aug 3, 2012 9:47pm
Yes, the ECB and the Fed are in bed together on these manipulations. Everyone should know that the two of them share info (soon to be released stats) and coordinate the statements they're going to release to the financial press. I read the Paper Money book by Adam Smith. Although it's now 31 years old, it still has good foundations on what is driving the world economy.

Quoting fti
major covert manipulation in markets.
is gonna be a long night for me.
they trying change the technical perspective.
but i don't think thery will succeed.
but sure took out lots buys stops trading against the good usd NFP figs.
I hope they go bankupt in their endevour.
They using the euro crosses as well.
Market manipulators always die. is a matter of time.
I have an advantage on my friends who trade in Singapore...I'm in the Eastern US. I waited until the news was out, the craziness died down, the manipulations were started...and I dropped an EU buy attack into the updraft. I still made some money.

I tell friends all of the time...wait until the news is known...and then just trade what you're seeing. Don't fight the direction it's taking. Have your book squared (flat in cash) before you start. That way you're not biased about where the direction is going.

Kind regards,

Eric.
" Be always employed in something useful." - Benjamin Franklin
  • #35,468
  • Edited 8:57pm Aug 4, 2012 8:39pm | Edited 8:57pm
Quoting cougar73
Yes, the ECB and the Fed are in bed together on these manipulations. Everyone should know that the two of them share info (soon to be released stats) and coordinate the statements they're going to release to the financial press. I read the Paper Money book by Adam Smith. Although it's now 31 years old, it still has good foundations on what is driving the world economy.



I have an advantage on my friends who trade in Singapore...I'm in the Eastern US. I waited until the news was out, the craziness died down, the manipulations were started...and...

a very impressive way of trading

salaam
kho
  • #35,469
  • Aug 5, 2012 5:56am Aug 5, 2012 5:56am
Hi my friends,

and masters cannot fall.
what a load of bullshit.
well whats happened is while i trying think of ways help the euro dunce on their feets,
thinking and thinking, i screwed up my own mindset talking.
It made me rigid, and the result is book damage in the tune of exceeding 12% losses.
All the pips gathered for the year gone in i smoke stack and a little drawdown as well.

So what did i do.
i spent a whole day cursing and swearing at the idiots that created the casino.
the 1st instinct was correct.
I should had stayed away until next week.
so as i gathered my mind together again.
Now i preparing a concortion for them enjoy soon.
But surely to recover all the loss in 1 go is a no no.

so what i want tell my friends is i am now in covert state.
same as em sneaky bastards.
lets see whose bullets is more lethal.

for my friends i remind you, stay away from the bias opinions of the masses.
Think your sigma.

regards

PS now that the too big to fails have got more ammo, but they opened their vaults for attack already.
Is just a case junkies , just got their hands on more cash.
they done nothing visible that says they corrected the state of affairs.
Lets see how deep they going dig themselfs in.
  • #35,470
  • Aug 5, 2012 6:06am Aug 5, 2012 6:06am
Quoting fti
Hi my friends,

and masters cannot fall.
what a load of bullshit.
well whats happened is while i trying think of ways help the euro dunce on their feets,
thinking and thinking, i screwed up my own mindset talking.
It made me rigid, and the result is book damage in the tune of exceeding 12% losses.
All the pips gathered for the year gone in i smoke stack and a little drawdown as well.

So what did i do.
i spent a whole day cursing and swearing at the idiots that created the casino.
the 1st instinct was correct.
I should had stayed away...
volitility begets more volitility.
so they think is smart do this.
And I am ready.
need cut their throats with their own knife.

regards
  • #35,471
  • Aug 5, 2012 6:08am Aug 5, 2012 6:08am
Quoting fti
Hi my friends,

and masters cannot fall.
what a load of bullshit.
well whats happened is while i trying think of ways help the euro dunce on their feets,
thinking and thinking, i screwed up my own mindset talking.
It made me rigid, and the result is book damage in the tune of exceeding 12% losses.
All the pips gathered for the year gone in i smoke stack and a little drawdown as well.

So what did i do.
i spent a whole day cursing and swearing at the idiots that created the casino.
the 1st instinct was correct.
I should had stayed away...
Quote
But surely to recover all the loss in 1 go is a no no.

absolutely.
Sorry for the loss bro.

Be patient & take care !
Hero calls followed by margin calls...
  • #35,472
  • Aug 5, 2012 7:10am Aug 5, 2012 7:10am
I have come to realize, mostly from this thread, that it doesn't matter what dance you dance, as long as you learn the dance well and become good at it to become a successful dancer at it.
  • #35,473
  • Aug 5, 2012 7:48am Aug 5, 2012 7:48am
Actually there are quite a lot of robots that can make money, but usually on faster or more chaotic data since humans cannot make calculations quickly. Typically it is on matching or morning trades.

They have to be watched in shifts to make sure that when a bug happens, it is shut down immediately. Knight had the problem of 45mins of nobody hitting the red terminate button. IMO was more a human problem than robot problem.

I'd like to hear more about risk management practices


Quoting fti

Nothing can save a robot.
they stupid and has no brains.
They just algorithm and command codes( and,or, if).
When the algo hits a bug.
This is to be expected.

I say again.
Nothing can save a robot if it hits a bug.
As in the case here.
and they work in nano seconds.
Nothing can sell the bank or any corporation , faster than a computer can, if it hits a bug.
Remember all codes have undiscovered bugs.
I said before, for every bug debugged, they create 10x more bugs.
Best robots can do is to route orders and tickets, due to their...
  • #35,474
  • Aug 5, 2012 9:39am Aug 5, 2012 9:39am
When the lady goes radical,
we remember...

Quoting Tao Te Ching No 16
Be totally empty
embrace the tranquility of peace.
Watch the workings of all creation,
observe how endings become beginnings.
Another war will be fought tonight.
Empty as water and soft as a facing wind mountain
  • #35,475
  • Aug 5, 2012 4:53pm Aug 5, 2012 4:53pm
Quoting fullperson
Actually there are quite a lot of robots that can make money, but usually on faster or more chaotic data since humans cannot make calculations quickly. Typically it is on matching or morning trades.

They have to be watched in shifts to make sure that when a bug happens, it is shut down immediately. Knight had the problem of 45mins of nobody hitting the red terminate button. IMO was more a human problem than robot problem.

I'd like to hear more about risk management practices
Peeps still will never get it?
Risk is about managing.
Ya sure, they pulled the plug to late.
A few years too late.

Mind problem.
some will never get it.
Its still dangerous to fly.
Planes have been dropping out of the skys.
But who will stop the fools?
Peeps will try get away with any mind games.
Until its their lives at stake.
until then just carry on.
Just remember say your prayers before hit the wall.
Be thankful God allowed you to die.
Just carry any risk you like to take.
One day we'll all be dead anyway.
Anyone wants take up sky diving?
Is perfectly thrilling jumping out of a good airplane too.
Until you hit the ground without your cords opened.
Until then just make believe you managing and you are master of the universe.
Play God.


regards
  • #35,476
  • Aug 5, 2012 5:24pm Aug 5, 2012 5:24pm
Quoting fti
Peeps still will never get it?
Risk is about managing.
Ya sure, they pulled the plug to late.
A few years too late.

Mind problem.
some will never get it.
Its still dangerous to fly.
Planes have been dropping out of the skys.
But who will stop the fools?
Peeps will try get away with any mind games.
Until its their lives at stake.
until then just carry on.
Just remember say your prayers before hit the wall.
Be thankful God allowed you to die.
Just carry any risk you like to take.
One day we'll all be dead anyway.
Anyone wants take up sky diving?
Is...
I rarely leave quotes in full, but... it's not nice to slap babies like that.
  • #35,477
  • Aug 5, 2012 7:10pm Aug 5, 2012 7:10pm
Hello F,
who is Buba?

Regards.
  • #35,478
  • Aug 5, 2012 8:22pm Aug 5, 2012 8:22pm
Quoting daytek
Hello F,
who is Buba?

Regards.
It's short for Bundesbank. Regards
  • #35,479
  • Aug 5, 2012 8:52pm Aug 5, 2012 8:52pm
Quoting SerpentDove
I rarely leave quotes in full, but... it's not nice to slap babies like that.
I guess I am slow. Could you explain what you mean here please?
  • #35,480
  • Aug 5, 2012 9:04pm Aug 5, 2012 9:04pm
Quoting fti
Peeps still will never get it?
Risk is about managing.
Ya sure, they pulled the plug to late.
A few years too late.

Mind problem.
some will never get it.
Its still dangerous to fly.
Planes have been dropping out of the skys.
But who will stop the fools?
Peeps will try get away with any mind games.
Until its their lives at stake.
until then just carry on.
Just remember say your prayers before hit the wall.
Be thankful God allowed you to die.
Just carry any risk you like to take.
One day we'll all be dead anyway.
Anyone wants take...
Chief,

Lost another 1.5%....


V
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