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Technical Analysis Fallacy

  • #35,761
  • Aug 22, 2012 4:01pm Aug 22, 2012 4:01pm
Quoting spekitox
Thanks for the info.
What do you think about the swiss franc? It does not move on its own since it's pegged to the EUR.
like in a casino - red, black or zero.

the edge is on their side.
  • #35,762
  • Aug 22, 2012 4:11pm Aug 22, 2012 4:11pm
Quoting fti
wow, nice
big pond?

I did try shift trade station near garden, but i cannot see the led screen clearly.
still trying, would be good for my sun thraphy.

regards
use black and white kindle, it has no lights in it and works perfect in the sun.

not that it runs windows

looks like europe is experiencing the last heat wave before winter, heh.

let it snow, let it snow, let it snow..
  • #35,763
  • Aug 22, 2012 4:40pm Aug 22, 2012 4:40pm
That's genius ... I don't know about the kindle but the nook has wifi and runs android which is the same java as Oanda FxTrade ... I just need to find someone to root it and put FxTrade on it. Shouldn't be too hard for these computer geeks. Great tip!

Quoting piccolo
use black and white kindle, it has no lights in it and works perfect in the sun.

.
forget about tomorrow, just steal away into the night
  • #35,764
  • Aug 22, 2012 4:51pm Aug 22, 2012 4:51pm
So it's just the luck of the draw ... that's why I try to stay away from CHF pairs.

You guys posted some nice slow music, hope you don't mind my contribution. Fantastic song from probably the best country/blues album, just mind blowing.
Inserted Video

Quoting piccolo
like in a casino - red, black or zero. the edge is on their side.
forget about tomorrow, just steal away into the night
  • #35,765
  • Aug 22, 2012 4:55pm Aug 22, 2012 4:55pm
Quoting piccolo
emotions
Mind grid locked
  • #35,766
  • Edited 6:25pm Aug 22, 2012 5:30pm | Edited 6:25pm
ai yo while i sleeping evey one fomc cha cha cha ing.
this kind of cha cha?
disco cha cha cha?

Inserted Video


ok torture you peeps with old man cha cha.

Inserted Video


if i do this every morning , maybe i could walk better?
maybe not, might kick the dog.
  • #35,767
  • Aug 22, 2012 5:59pm Aug 22, 2012 5:59pm
Quoting fti
ai yo while i sleeping evey one fomc cha cha cha ing.
this kind of cha cha?
disco cha cha cha?

http://www.youtube.com/watch?v=ztM-uokyMRo
USD bears are in full swing....


V
  • #35,768
  • Aug 22, 2012 6:00pm Aug 22, 2012 6:00pm
Quoting spekitox
That's genius ... I don't know about the kindle but the nook has wifi and runs android which is the same java as Oanda FxTrade ... I just need to find someone to root it and put FxTrade on it. Shouldn't be too hard for these computer geeks. Great tip!
for reading kindle ffor everything else Ipad 2....


V
  • #35,769
  • Aug 22, 2012 6:12pm Aug 22, 2012 6:12pm
oh yes!
What a stimulating talk, same as the dance
Quoting fti
ai yo while i sleeping evey one fomc cha cha cha ing.
this kind of cha cha?
disco cha cha cha?

http://www.youtube.com/watch?v=ztM-uokyMRo

ok torture you peeps with old man cha cha.

http://www.youtube.com/watch?v=juIreb4Eajg
  • #35,770
  • Aug 22, 2012 7:14pm Aug 22, 2012 7:14pm
Quoting daytek
oh yes!
What a stimulating talk, same as the dance
ya laugh.
anyone wants buy usd big time needs get head examined.
Just warning.
but wait nice support.
buy euro also needs head examined.
doubled warned.

regards

papa he hates mama.
mama likes kick papa.
lalalalala
  • #35,771
  • Aug 22, 2012 9:40pm Aug 22, 2012 9:40pm
Quoting fti
ya laugh.
anyone wants buy usd big time needs get head examined.
Just warning.
but wait nice support.
buy euro also needs head examined.
doubled warned.

regards

papa he hates mama.
mama likes kick papa.
lalalalala

actually i am playing the crosses getting some change here and there...no attack no recue ...hit adn run

V
  • #35,772
  • Aug 22, 2012 11:56pm Aug 22, 2012 11:56pm
Quoting indianguyinny24
actually i am playing the crosses getting some change here and there...no attack no recue ...hit adn run

V
so whats the point vic?
you tie your hands, is your choice.
but if you get shot because your hands are tied, then,
who can help you?

Whats the point tell us, look i not like use proper mm and position controls?
whats the point tell us, you can out scalp market makers?
that how you feel until you.......................

regards
  • #35,773
  • Aug 23, 2012 12:06am Aug 23, 2012 12:06am
Quoting fti
so whats the point vic?
you tie your hands, is your choice.
but if you get shot because your hands are tied, then,
who can help you?

Whats the point tell us, look i not like use proper mm and position controls?
whats the point tell us, you can out scalp market makers?
that how you feel until you.......................

regards
chief,

honestly dont see way to buy EUR , dont see way to buy USD..

i dont feel i can outscalp market maker but if i know my how big my pants(aka risk right now 1% of the book regularly 5%) are i can try to see how much i know(or ic an loose)...

whats market saying as of now Sell USD but buy what????

so i just saw the EUR strength against other and played it against the AUD

made few pips there...


making some money here and there like these China manufacturing index shorted AUD /USD finished playing that while banking some small pips using minimal MM...

curious what you think i am doing???

V
  • #35,774
  • Aug 23, 2012 12:06am Aug 23, 2012 12:06am
Quoting piccolo
use black and white kindle, it has no lights in it and works perfect in the sun.

not that it runs windows

looks like europe is experiencing the last heat wave before winter, heh.

let it snow, let it snow, let it snow..
noted picolo.
lets see need buy 40 of it and stick them all side by side?
seems technology only develop things that makes life unmanageable.

regards
  • #35,775
  • Aug 23, 2012 12:12am Aug 23, 2012 12:12am
Quoting indianguyinny24
chief,

honestly dont see way to buy EUR , dont see way to buy USD..

i dont feel i can outscalp market maker but if i know my how big my pants(aka risk right now 1% of the book regularly 5%) are i can try to see how much i know(or ic an loose)...

whats market saying as of now Sell USD but buy what????

so i just saw the EUR strength against other and played it against the AUD

made few pips there...


making some money here and there like these China manufacturing index shorted aud usd finsihed playing that while banking some small...
i understand you just scalping, but becareful get into that mindset in a dead ranged market. Risk on risk off.

Euro?
you like take unnecessary risk?

ok , seems market already know.
ok here the low down.
http://www.zerohedge.com/news/citi-s...soon-september

regards
  • #35,776
  • Aug 23, 2012 12:17am Aug 23, 2012 12:17am
Quoting fti
i understand you just scalping, but becareful get into that mindset in a dead ranged market.

Euro?
you like take unnecessary risk?

ok , seems market already know.
ok here the low down.
http://www.zerohedge.com/news/citi-s...soon-september

regards
na not to keep that mindset ...but in this market didnt had the mindset to attack or rescue either ...may be weakness in mindset or i am trying to become a better dancer in all situations dont know...

yea i am out of euro its that some time when u can see some change of strength around currency which u can play when the majors are not giving me clear direction or may be when i am too biased to dance properly...

as you said in range market you have a bigger MM and in trending market you bank the fastest profit .....

trying different tools...

V
  • #35,777
  • Edited 6:07am Aug 23, 2012 12:34am | Edited 6:07am
Quoting indianguyinny24
na not to keep that mindset ...but in this market didnt had the mindset to attack or rescue either ...may be weakness in mindset or i am trying to become a better dancer in all situations dont know...

yea i am out of euro its that some time when u can see some change of strength around currency which u can play when the majors are not giving me clear direction or may be when i am too biased to dance properly...

as you said in range market you have a bigger MM and in trending market you bank the fastest profit .....

trying different tools...

V...
ok.
but for me i now 0 leverage and risk off.
i won't buy the euro, neither would i be short.
just risk off.
off course i not want die in other currencies as well.
if splash, ever thing in world would be affected.
but i rather not die in euro.
that the eye of the coming hurricane.

Had been thinking.
what the value of the euro?
and trying work out, what the value of gold vs usd vs dmk vs french franc vs krone vs peso vs swissy.
Cant get answer. seems is melting pot.
They decided to go it all together.
when the storm hits, lets hope my safe harbours are safe.

I don't like think this way.
but i feel a SYSTEMIC meltdown.
Too many warning signals already.
seeing too many big gun jumping ship.
i rather be sheltered than sorry.



regards
  • #35,778
  • Aug 23, 2012 12:38am Aug 23, 2012 12:38am
Quoting fti
ok.
but for me i now 0 leverage and risk off.
i won't buy the euro, neither would i be short.
just risk off.
off course i not want die in other currencies as well.
if splash, ever thing in world would be affected.
but i rather not die in euro.
that the eye of the coming hurricane.



regards
Got the point clearly chief....but what u used to do when you were budding trader and u had these situations...were u allowed to stay on sidelines?...if not what you sued to do in early days?

Thanks
  • #35,779
  • Edited 2:24am Aug 23, 2012 1:42am | Edited 2:24am
Quoting indianguyinny24
Got the point clearly chief....but what u used to do when you were budding trader and u had these situations...were u allowed to stay on sidelines?...if not what you sued to do in early days?

Thanks
Vic, this situation is unprecedented.
never before is whole world economies in 1 basket before.
that's why i looking for parking space, outside of the majors.
Used to be if someone was in trouble.
everyone starts limiting lines.
now is not only limit not controlled.
they created mechanism to hyper leverage.
This new economics world.
Too big to fall.
have become too complacent.

"Power corrupts, absolute power corrupts absolutely."
I am really at loss what to think.
lets just sit watch, if this is a dominos thingy.
or it can be contained.

Leveraged forex deravitives is also a new thingy.
surely, this gonna increase the casualties read.

Even markets may not be at true equilibriums.
too much ability build bubbles.
Hosing bubbles, Credit bubbles, market bubbles.........surely pops sometime.
In olden days , we call it bad blood clearing.

regards

maybe if you can understand.
1 highly geared trader trades and loses all he has.
Then with ability borrow, he borrows high stakes.
increases his gearing to try recover.
Is sucidal tendencies, if he hits the wall again.
All prudence gates taken down.
  • #35,780
  • Aug 23, 2012 3:04am Aug 23, 2012 3:04am
... and objectives are achieved,traders don't know = Stagnation ... and manipulation of the hands-free ...
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