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Technical Analysis Fallacy

  • #36,661
  • Edited 9:48am Nov 23, 2012 9:09am | Edited 9:48am
Quoting kk007
That is why I come to ask you... but still feeling confused with my question on mind....
Btw, you don't trade classic intraday price pattern at all?


P.S. It sounds that you are a successful trader.... how long did you try to accept this? What was your reason to join the game?
i do
you not read the thread yet.

i was top dog in interbank teir 1 before body broke.
i was market maker for thiese markets. Then no Euro, $DMK and 3 majors.

i lost job when young training F5E pilot, discharged. need find work, that can keep my hair burning.
so instead burn airspace, i burn money space.

i not trader , i dealer tier 1 par excellence. TM, Board Director at banks and exchanges.
Now just a sick man waiting.

Does it matter who i am, this thread is about trading skills, i trying leave behind,


regards
  • #36,662
  • Nov 23, 2012 9:22am Nov 23, 2012 9:22am
Quoting fti
i do
you not read the thread yet.

i was top dog in interbank teir 1 before body broke.
i was market maker for thiese markets. Then no Euro, $DMK and 3 majors.

i lost job when young fighter pilot, discharged. need find work, that can keep my hair burning.
so instead burn airspace, i burn money space.

i not trader , i dealer tier 1 par excellence. TM, Board Director at banks and exchanges.
Now just a sick man waiting.

regards
Thanks for your sharing...
Yes.. I am new to this thread..

Btw, good music taste...
  • #36,663
  • Nov 23, 2012 9:25am Nov 23, 2012 9:25am
Quoting fti
i do
you not read the thread yet.

i was top dog in interbank teir 1 before body broke.
i was market maker for thiese markets. Then no Euro, $DMK and 3 majors.

i lost job when young fighter pilot, discharged. need find work, that can keep my hair burning.
so instead burn airspace, i burn money space.

i not trader , i dealer tier 1 par excellence. TM, Board Director at banks and exchanges.
Now just a sick man waiting.

Does it matter who i am, this thread is about trading skills.


regards

Yo..Lao xiong...bu ge yi jiang ce yang oooooo ~
If there was easy money lying around,no one would be forcing it into your
  • #36,664
  • Nov 23, 2012 9:36am Nov 23, 2012 9:36am
Quoting FXMindset
Yo..Lao xiong...bu ge yi jiang ce yang oooooo ~
mian fei kei ren hai yau ke re wen?

ai ya

regards
  • #36,665
  • Nov 23, 2012 9:48am Nov 23, 2012 9:48am
Quoting fti
if they take loss, they checked by management.
a few checks and they get lineoffed for some time.
take a trading break reset their mindset.
If they don't take loss, they end up like this?

http://www.bbc.co.uk/news/uk-20338042
  • #36,666
  • Nov 23, 2012 9:48am Nov 23, 2012 9:48am
Quoting fti
i do
you not read the thread yet.

i was top dog in interbank teir 1 before body broke.
i was market maker for thiese markets. Then no Euro, $DMK and 3 majors.

i lost job when young fighter pilot, discharged. need find work, that can keep my hair burning.
so instead burn airspace, i burn money space.

i not trader , i dealer tier 1 par excellence. TM, Board Director at banks and exchanges.
Now just a sick man waiting.

Does it matter who i am, this thread is about trading skills, i trying leave behind,


regards
fti avoid using such language.not very helpful.i firmly believe that God test u in this world by giving u riches as well as difficulties,to see how well u do.by giving wealth he test u to see whether u spend appropriately on needy persons or not and by giving sickness he see whether ur grateful and patient or not.once u able to go through these tests in life God wants to see how u perform,whether u have comeout more humble and patient or not,whether u feel the pain and sufferings of others or not.and by realising this if u become more useful to others and do good things and ppl say such and such person was mercy of God to us then,what more u need.
Then u may ask why all these trial and tribulation.the whole idea is to take u to higher spritual dimention and when pass this life and go to the otherside with ur hihger spritual dimention one will be able to appreciate the beauty of God and that experience is nothing but what we call paradise.i say life is such,be grateful to God as He,in his profound mercy given u the opportunity to realise him.regard may God give u good health.
Allah has permitted trade and has forbidden interest [koran]
  • #36,667
  • Nov 23, 2012 9:59am Nov 23, 2012 9:59am
Quoting drzakir123
fti avoid using such language.not very helpful.i firmly believe that God test u in this world by giving u riches as well as difficulties,to see how well u do.by giving wealth he test u to see whether u spend appropriately on needy persons or not and by giving sickness he see whether ur grateful and patient or not.once u able to go through these tests in life God wants to see how u perform,whether u have comeout more humble and patient or not,whether u feel the pain and sufferings of others or not.and by realising this if u become more useful to...
Well said Dr.

Reminds me of something that I've read before... Blessed are the poor in spirit...

http://www.gospeltruth.net/1844OE/44..._in_spirit.htm

It's kinda lengthy, but a very well written article perhaps chief may find it useful. Or rather I hope it can somehow be an encouragement...

Regards
  • #36,668
  • Nov 23, 2012 10:01am Nov 23, 2012 10:01am
Quoting drzakir123
fti avoid using such language.not very helpful.i firmly believe that God test u in this world by giving u riches as well as difficulties,to see how well u do.by giving wealth he test u to see whether u spend appropriately on needy persons or not and by giving sickness he see whether ur grateful and patient or not.once u able to go through these tests in life God wants to see how u perform,whether u have comeout more humble and patient or not,whether u feel the pain and sufferings of others or not.and by realising this if u become more useful to...
thank you doc, is noted and understood.

regards.
  • #36,669
  • Edited 10:40am Nov 23, 2012 10:24am | Edited 10:40am
Quoting Zoran
If they don't take loss, they end up like this?

http://www.bbc.co.uk/news/uk-20338042
well the man is guilty for being ambitious. agreed.
but i still ponder where the stop guards?
as in the socgen case.
where the safe guards?

If any limits breached, where the back office reporting.
internal , external audits?
risk & compliance safeguards?

what was everyone at senior management doing?
no one knew?
i not have details so is not right to say anything.
Only lots questions.
who was monitoring the delta and sigma of his positions?
surely will show up somewhere?

i don't know, I just not like see dealers keep getting hunged.
someone must know something.
He hid stuff under the carpet?
everyone dealers knows the consequenses of that.

anyway is not mine to judge.

regards

from article i read he doing synthetics.
probably writing them.
so his profits was limited to collected premiums.
his risk of losses was probably unlimited, if he was writing em synthetics.
so his sigma was killing negatives.
In a market fiasco situation as in market melt downs, he surely dies.

ya articles says unhedged.
so he was writing em.
naked sythetics seller.

if i remember correctly
his case had been some time already, long long time.

was reported already when the last time we discussed rogue traders.
  • #36,670
  • Nov 23, 2012 10:58am Nov 23, 2012 10:58am
Dear fti,

this postings postings made my day.
When I was talking to people about the bits of information you can dreive from looking at crosses, gold, oil and so on, I was feeling like I came from a different star.

Quoting fti
[...]
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

Also this one:

Quoting fti
[...]
when markets in a run, if you see fast draw backs is normally profitaking.
you see, dealers trades BIG.
so they not like ride pips for 100s of pips, unless som big event is on.
try calculate 10 pips on 10 mio position.
so if you see quick drop backs is not because of met bears. Is because fellow bull peeing at prices.
how you make use of it is register the volitility , how many pips and how fast, if it lingers then mostly is more BIg guns having their beers.
so you shouldn't chase the prices. find stategic positioning with fingers on the trigger,...
From my experience from talking to many TAF Members I know, that this knowledge and way of thinking is by far not implemented in the daily trading and strategizing.

Very keen and focussed to see some more insights and hints on that.

Many thanks fti.
You are not only repeating the basics to realign us, you are also going to the next level.
At least that is how it looks to me!



All the best!
Niels
  • #36,671
  • Nov 23, 2012 11:05am Nov 23, 2012 11:05am
Quoting N_Trader
Well said Dr.

Reminds me of something that I've read before... Blessed are the poor in spirit...

http://www.gospeltruth.net/1844OE/44..._in_spirit.htm

It's kinda lengthy, but a very well written article perhaps chief may find it useful. Or rather I hope it can somehow be an encouragement...

Regards
ok noted
I am on it already long long long ago.
so you no worry my friend, i already have it.

Thanks for reminder.

regards
  • #36,672
  • Edited 12:00pm Nov 23, 2012 11:11am | Edited 12:00pm
Quoting MaMood
Dear fti,

this postings postings made my day.
When I was talking to people about the bits of information you can dreive from looking at crosses, gold, oil and so on, I was feeling like I came from a different star.




Also this one:



From my experience from talking to many TAF Members I know, that this knowledge and way of thinking is by far not implemented in the daily trading and strategizing.

Very keen and focussed to see some more insights and hints on that.

Many thanks fti.
You are not only repeating the basics...
Look mamood,
you seem not understand the basics of what was penned.
AND YOU WANT HELP TRAIN OTHERS?
IN WHAT?

Fishing?

there no such thing as TAF members.
there is no such thing as seniors.
there's just forexfactory members who are friends on a thread in Forexfactory.
discussing how to fine tune trading and and basics and how to avoid getting wrong mindset that can damage their trading.
There are no special training rooms.
There are no secret techniques.
nor the holi grill.

And please do not compile any more yearbook using me as cause.
I do not want the FF members personal informations compromised.

If my explanition of any subject is unclear to the friends here, is my deficiency.
I not asked for anything for doing this , and i do not wish to be insulted.

thank you.
regards

PS: and i do not wish to be party to any Broking Organisation or groupings.
I am retired and will not return to markets in any professional capacity.
  • #36,673
  • Nov 23, 2012 11:21am Nov 23, 2012 11:21am
Quoting fti
Look mamood,
you seem not understand the basics of what was penned.
AND YOU WANT HELP TRAIN OTHERS?
IN WHAT?

Fishing?

Ooops - straight words.
Yes fishing, what else does make sense?

But perhaps you can give some more details...
  • #36,674
  • Nov 23, 2012 11:24am Nov 23, 2012 11:24am
Quoting MaMood
Ooops - straight words.
Yes fishing, what else does make sense?

But perhaps you can give some more details...
MaMood,

What trading skills have you shared in TAF thread in the past 2 years except your Trading performence, GoTo-Meeting link, Voice Chat link, Live Trading Session link?

You have done all the standard business advertisement on this thread. You told us you are doing all those to help people, but all crooks on the earth say the same. We are not on the position to investigate your activities and purpose. It's your own business. You might be on your way bringing all traders you collected on this thread to the Moon, we wouldn't bother as long as you don't abuse using TAF name.

FTI declared more than enough times that he DO NOT ENDORSE OR SUPPORT ANY SCHEMES, FUNDS OR TRADING GROUPINGS. You persistantly ignore his willings. You are abuse using his fame. Heartless!

Seems TAF has become your business platform, even business logo is ready--

http://www.forexfactory.com/attachme...1&d=1353439592
  • #36,675
  • Nov 23, 2012 11:29am Nov 23, 2012 11:29am
Yes.



Quoting imjscn
MaMood,

What trading skills have you shared in TAF thread in the past 2 years except your Trading performence, GoTo-Meeting link, Voice Chat link, Live Trading Session link?

You have done all the standard business advertisement on this thread. You told us you are doing all those to help people, but all crooks on the earth say the same. We are not on the position to investigate your activities and purpose. It's your own business. You might be on your way bringing all traders you collected on this thread to the Moon, we wouldn't bother as long...
  • #36,676
  • Nov 23, 2012 11:38am Nov 23, 2012 11:38am
Anyone riding this rocket today?
  • #36,677
  • Nov 23, 2012 11:44am Nov 23, 2012 11:44am
Quoting imjscn
MaMood,

What trading skills have you shared in TAF thread in the past 2 years except your Trading performence, GoTo-Meeting link, Voice Chat link, Live Trading Session link?

You have done all the standard business advertisement on this thread. You told us you are doing all those to help people, but all crooks on the earth say the same. We are not on the position to investigate your activities and purpose. It's your own business. You might be on your way bringing all traders you collected on this thread to the Moon, we wouldn't bother as long...
Thanx Jenny,

glad that you have spoken it out loud and clearly now.
I am shocked. Perhpas I was not aware, of how everything might have been looking for you and fti.
All I can say is, that there is no business behind!!!
I have seen this thread here as a location to mirror some of my ideas with people, who I was expecting are thinking along the same lines.

"Business logo" - yes sure. But I love to play arround with graphics to give thinks a face...
The first Business Logo was the Title page of the "TAF Yearbook" then, right?
Yes, I see that it may look that way. I was not aware of that.

I'm very sorry, that I caused that incident.
I'll stop that immediately.
Oh my god, I was really not aware of that.
All I want to ask you guys for is, have a look at the other side. Maybe you see a little chance, that there could be also another truth behind?

All I can offer is an apologize to all the readers and authors, that I have hurt in any way.

Phew -I'm stll somehow paralyzed ....
But that's seems to be life..

All the best,
MaMood
Niels
  • #36,678
  • Edited 11:55am Nov 23, 2012 11:45am | Edited 11:55am
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 AOACHED 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 thought this post (No. 8607) to place a link to your signature.Your rules for this thread.
So you did not have search to keep repeating rules.
  • #36,679
  • Nov 23, 2012 12:04pm Nov 23, 2012 12:04pm
Quoting imjscn
MaMood,

What trading skills have you shared in TAF thread in the past 2 years except your Trading performence, GoTo-Meeting link, Voice Chat link, Live Trading Session link?

You have done all the standard business advertisement on this thread. You told us you are doing all those to help people, but all crooks on the earth say the same. We are not on the position to investigate your activities and purpose. It's your own business. You might be on your way bringing all traders you collected on this thread to the Moon, we wouldn't bother as long...
hello imjscn,
what fame?
no such thing.
No fame.
i just sit amongst some friends i made here trying leave some knowledge behind.

However, Thanks for speaking up.

regards
  • #36,680
  • Nov 23, 2012 12:05pm Nov 23, 2012 12:05pm
Quoting auxesis
Anyone riding this rocket today?
no auxesis,not me.i am on the sideline after my recent losses.i am licking my wounds,healing will take some time.
Allah has permitted trade and has forbidden interest [koran]
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