Technical Analysis Fallacy | Page 1832 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #36,621
  • Nov 23, 2012 6:15am Nov 23, 2012 6:15am
Quoting neoshg
yeah..
got few friends got retrenched and some trying to change job but couldn't find any for months/year.
haiz..
my best friend's company going to relocate to China, he not willing to go over, trying to find another job.
He with damn good academic result and strong work experience, didn't even get a interview for months...

I am glad that I was introduced to forex and also your thread. I have never been so engrossed in anything, been studying and
looking at charts for hours... never been so hardworking before, not even college time..ha.

I...
noted analysing, report in a moment.
  • #36,622
  • Nov 23, 2012 6:16am Nov 23, 2012 6:16am
Quoting kk007
Oh fti, you are from Hong Kong?
no

regards
  • #36,623
  • Nov 23, 2012 6:16am Nov 23, 2012 6:16am
Quoting fti
OK EVERYONE, PLEASE NOTE:

I AM RETIREE, NO LONGER AFFILIATED WITH ANY DEALING ORGANISATION, ESP BROKING ORGANISATIONS.

BEING RETIRED, I DO NOT PROVIDE ANY PEOPLE HERE OR OTHERWISE SPECIAL TRAINING OR PRIVILAGES, EXCEPT WHAT HAS BEEN GIVEN OPENLY IN THIS THREAD.

I DO NOT ENDORSE OR SUPPORT ANY SCHEMES, FUNDS OR TRADING GROUPINGS.

IF YOU HAVE BEEN APPROACHED BY ANY ONE THAT THEY CAN TEACH YOU SPECIAL SKILLS FOR TRADING, PLEASE BE AWARE THAT I DO NOT ENDORSED NOR HAVE PRIVY TO THEIR TRACK RECORDS.

IF YOU HAVE GRIEVANCES ON TRADING MATTERS,...

The link you put into your signature posts.I wanted to advise you that a long time ago. = smaller subconscious stress.
Rgs
  • #36,624
  • Nov 23, 2012 6:24am Nov 23, 2012 6:24am
Quoting Gro

The link you put into your signature posts.I wanted to advise you that a long time ago. = smaller subconscious stress.
Rgs
thankyou, they always around.
But if all stay clever and safe there should be no problems.

but if greedy or desperate, then lessons to learn.
no one will teach you how they make money.
esp for a fee.
if they good they not have time to waste get your fees.
the $$$$$ is all in the markets.

if i am busy trading for pips , also i not have time to teach you anything.
all i can do is show you after fills what i had done so that you may try to feel what i doing.
and reason it out in the charts.

Those were hand held trade sessions.
Now i not even have energy to trade, let alone, guide.


regards
  • #36,625
  • Nov 23, 2012 6:33am Nov 23, 2012 6:33am
Quoting fti
OK EVERYONE, PLEASE NOTE:

I AM RETIREE, NO LONGER AFFILIATED WITH ANY DEALING ORGANISATION, ESP BROKING ORGANISATIONS.

BEING RETIRED, I DO NOT PROVIDE ANY PEOPLE HERE OR OTHERWISE SPECIAL TRAINING OR PRIVILAGES, EXCEPT WHAT HAS BEEN GIVEN OPENLY IN THIS THREAD.

I DO NOT ENDORSE OR SUPPORT ANY SCHEMES, FUNDS OR TRADING GROUPINGS.

IF YOU HAVE BEEN APPROACHED BY ANY ONE THAT THEY CAN TEACH YOU SPECIAL SKILLS FOR TRADING, PLEASE BE AWARE THAT I DO NOT ENDORSED NOR HAVE PRIVY TO THEIR TRACK RECORDS.

IF YOU HAVE GRIEVANCES ON TRADING MATTERS, [color=Red]PLEASE...
I do understand the frustrates of being abused. I think many people here feel the same. But we have been tolerant.
This thread is a great platform to collect potential business, but please don't abuse it. No matter what is the form of your business, even if you are going to organize a heaven, please do it in your own thread, or pay some fee to get in broker section or advertisement section!!!
  • #36,626
  • Edited 6:52am Nov 23, 2012 6:35am | Edited 6:52am
Quoting neoshg
yeah..
got few friends got retrenched and some trying to change job but couldn't find any for months/year.
haiz..
my best friend's company going to relocate to China, he not willing to go over, trying to find another job.
He with damn good academic result and strong work experience, didn't even get a interview for months...

I am glad that I was introduced to forex and also your thread. I have never been so engrossed in anything, been studying and
looking at charts for hours... never been so hardworking before, not even college time..ha.

I...
your daily chart analysis i not consider due to i do not do such time frames.
analysising your 5 min charts now.

1st impression is you very fluid, but got caught in a range volitility.

after point marked a , you would be expecting a bull run.
but after the cluster of return fire, you should realised that its just volitility.
and should had respace out the trades range.

your averages seems indicate very bid markets, steady and upwards.

you carefully tried scalp the marketmakers, which is a good thing, being careful, but is not easy scalp them because you are giving them the spread edge.

so i would take this as your attempt to fiddle around get a feel.

your skews are scouts , so is just market testing as i see no attack sequences.

was prudent of you stay at scout skew for the duration of this trades.

regards
Attached Image (click to enlarge)
Click to Enlarge Name: attachment1.gif Size: 53 KB
  • #36,627
  • Nov 23, 2012 6:37am Nov 23, 2012 6:37am
Quoting fti
OK EVERYONE, PLEASE NOTE:

I AM RETIREE, NO LONGER AFFILIATED WITH ANY DEALING ORGANISATION, ESP BROKING ORGANISATIONS.

BEING RETIRED, I DO NOT PROVIDE ANY PEOPLE HERE OR OTHERWISE SPECIAL TRAINING OR PRIVILAGES, EXCEPT WHAT HAS BEEN GIVEN OPENLY IN THIS THREAD.

I DO NOT ENDORSE OR SUPPORT ANY SCHEMES, FUNDS OR TRADING GROUPINGS.

IF YOU HAVE BEEN APPROACHED BY ANY ONE THAT THEY CAN TEACH YOU SPECIAL SKILLS FOR TRADING, PLEASE BE AWARE THAT I DO NOT ENDORSED NOR HAVE PRIVY TO THEIR TRACK RECORDS.

IF YOU HAVE GRIEVANCES ON TRADING MATTERS,...
i am glad u posted this,very helpful post.thank you fti,ur a very honourable man i respect u for that.cheers,may god bless u with good health and give u strength to hold our hands.if anyone approach its better it reported on open rather going to fti,for god sake dont give the man much stress,it will be detrimental to our own well being.
Allah has permitted trade and has forbidden interest [koran]
  • #36,628
  • Nov 23, 2012 6:59am Nov 23, 2012 6:59am
Quoting imjscn
I do understand the frustrates of being abused. I think many people here feel the same. But we have been tolerant.
This thread is a great platform to collect potential business, but please don't abuse it. No matter what is the form of your business, even if you are going to organize a heaven, please do it in your own thread, or pay some fee to get in broker section or advertisement section!!!
hehehe.

1st nag?

thanks for nag.

regards
  • #36,629
  • Nov 23, 2012 7:15am Nov 23, 2012 7:15am
Ts= trapped shorts.

again you averages indicating steady saucy bids.

strategic scouts buying was not initiated where you bias bull?
don't wait confirmation .
take risk
but prudent small with a army standing by at strategic bid points is good.

try build multiple sequenses of scouts divisions.
for scounting feel, for scalping range, for attack sequenses. etc.
i knot know how much cap is used.
but the more divisions the more decisions.
when a trend runs intact, then you get optimum forces on ground as the market allows.

regards

when i trading
i viewing 20+ charts
all the majors , active crosses and some metals and oil.
you should be able see all in 1 screen
thats why i have very large screen. or you can have multiple screens
Attached Image (click to enlarge)
Click to Enlarge Name: attachment2.gif Size: 47 KB
  • #36,630
  • Nov 23, 2012 7:25am Nov 23, 2012 7:25am
Quoting Gro

The link you put into your signature posts.I wanted to advise you that a long time ago. = smaller subconscious stress.
Rgs
gro i already posted that warning many time, but tread is long and few have read much.
anyway now is in my profile page
because is no sticky page to post it on.

but peeps should already know,that their safety is in their hands.
so must be vigilant at all times.
Is dealing with moneys.

this also reason why i am ok with peeps who lurk to learn.
only i wished i could help them more.



regards
  • #36,631
  • Nov 23, 2012 7:28am Nov 23, 2012 7:28am
Quoting fti
hehehe.

1st nag?

thanks for nag.

regards
I came back from dinner, as usual, it's a pleasant time to enjoy a reading on the thread.

But very frustrated reading some peeps insisting collecting business on this thread.

I was about to swallow the pollution as many peeps do because we don't want to disturb you--the old, sick, mad, be-loved chap.

I opened and closed browser several times while cooling down my temper. Then, I saw your post. So, you eventually got the frustrates, that I can't tolerant. So I made big noise.

ya, this is the 1st nag.
  • #36,632
  • Nov 23, 2012 7:36am Nov 23, 2012 7:36am
Quoting imjscn
I came back from dinner, as usual, it's a pleasant time to enjoy a reading on the thread.

But very frustrated reading some peeps insisting collecting business on this thread.

I was about to swallow the pollution as many peeps do because we don't want to disturb you--the old, sick, mad, be-loved chap.

I opened and closed browser several times while cooling down my temper. Then, I saw your post. So, you eventually got the frustrates, that I can't tolerant. So I made big noise.

ya, this is the 1st nag.

now don't go get angry and disturb your trading emotions hor.
cool.

no hurt self while trying help others.
we do the best we can, can't ask for more.

Lucky today is holiday.
not trading?


regards
  • #36,633
  • Nov 23, 2012 7:41am Nov 23, 2012 7:41am
Chief!!! God bless you have no idea how thankful I am to see your posts again. I tot I'll never have the chance to share my holidays pics with you.

Your prayers for me have been answered If you still rem what that prayer was about. Hee...

Thank my Boss that you are well now. Do take care n go really slow n steady. Keeping u in

Jenny, thks for the ping. Take good care of chief ya.

Rgds
N
  • #36,634
  • Nov 23, 2012 7:49am Nov 23, 2012 7:49am
Quoting N_Trader
Chief!!! God bless you have no idea how thankful I am to see your posts again. I tot I'll never have the chance to share my holidays pics with you.

Your prayers for me have been answered : ) If you still rem what that prayer was about. Hee...

Thank my Boss that you are well now. Do take care n go really slow n steady. Keeping u in

Jenny, thks for the ping. Take good care of chief ya.

Rgds
N
boy or girl?, ai ya me, ok ok i wait 9 months find out.
ya be good and trade careful, ok.

had a great vacation?
i went vacation also, but different kind.
in needles resort


regards
  • #36,635
  • Nov 23, 2012 7:49am Nov 23, 2012 7:49am
Quoting fti

now don't go get angry and disturb your trading emotions hor.
cool.

no hurt self while trying help others.
we do the best we can, can't ask for more.

Lucky today is holiday.
not trading?


regards
I didn't trade this week. Near end of year, market thin, all relationships want to go dinner, how to trade!
I hate people abuse others' kindness or tolerance. Luckily it doesn't disturb my trading, you know, I normally read thread on no-trading time.
  • #36,636
  • Nov 23, 2012 7:50am Nov 23, 2012 7:50am
Attached Image (click to enlarge)
Click to Enlarge Name: P9171839.jpg Size: 74 KB
  • #36,637
  • Nov 23, 2012 7:55am Nov 23, 2012 7:55am
Quoting fti
ok bacjk to business highlights.
most traders think, the dangers is a trade,for the bulls, is the bear
and for the bears is the bull.
No worry about pigs, they always will be slaughtered.

in fact the danger for the bulls is the other bull . vice versa.
and esp the one which is BIG.
Think a bit.
Sir, you mentioned the above last time, but I dont really understand it and seems there is no discussion yet on it, would like to ask you about it. The only thing I can come up with to explain the portion in blue u are referring to is

i.e say In a down move, bears should be afraid of other fellow bears re-positioning/reversing/taking profit (withdrawing support/resistance) during the move, Especially the big players? But I cannot think of how I can make use of this.


Quoting fti
Most traders starts out trading different from dealers under training.
dealers starts by trying secure job, so they trade for pips.
traders are peeps with some nested capital.
and they are under influence that to make pips you must read market correctly.
Secondly is the 1st part of the trading & business story, I get the sense that u seem to say traders starting out have a certain wrong mindset and that new dealers mindset is better because "they trade for pips".

May I ask what do you mean by trade for pips? and what mindset is that?

Also I can relate to the protecting against mega losses message, did experience that before. Dont want to experience that again, so now what I do is I am very cautious against getting myself into life and death battles. That is why I am very interested to know about the correct mindset.

If I got it totally wrong, hope you can explain it a little further. Thanks very much.

Regards,

dii
  • #36,638
  • Nov 23, 2012 7:55am Nov 23, 2012 7:55am
Quoting N_Trader
If you still rem what that prayer was about. Hee...
Rgds
N
That's not a secret la... the whole TAF family knew

Welcome back

for the baby!
  • #36,639
  • Nov 23, 2012 7:55am Nov 23, 2012 7:55am
Quoting N_Trader
Attachment
wow nice.
greece? or sg?

good foto skills.

regards
  • #36,640
  • Nov 23, 2012 7:58am Nov 23, 2012 7:58am
Quoting imjscn
That's not a secret la... the whole TAF family knew

Welcome back

for the baby!
lol! yes. today is one of the most thankful moments in my life

Thanks Jenny. I should welcome u back too. Hope your health is getting back.
16 traders viewing now