Technical Analysis Fallacy

who are you and why sending me PM like that didnt get it ......

i am making some real nice friends here...whats the need of sending those kinda PM....


V

PS:Chief seems like i am falling in ur footsteps

Yes..Pretend innocent, real honourable...real man.

Well if you dare not take responsibilities for what you say what else is it there to say...I will leave it at that

ps: no where near, no where near, my boy

Dude, what are you talking about?

No were near your boy? What the hell is going on.

ok, i am scratching my head(no way near my boy should i be scared plz explain) am i a target here.....and if so why am i target here...this is real chess game....and why this guy loves me so much.....


@mhtrader

thanks no idea what this guy wants...he send me a nasty PM that made me laugh then anything else..

V

it's been a strange day...........maybe this will explain it

http://www.thevillagewitch.co.uk/uk-...s-dates-times/

It has been a strange week! Too many bruised egos to deal with. Well, at least they are handled maturely (and with a touch of humor) these days.

ok manage to squeeze another 0.38% profit on the long side.i have to leave now as next few hrs its night time hrs for me,that is i wont be near my computer, bye.

http://en.wikipedia.org/wiki/Bao_Zheng

Sorry my friends, Bao MO invoked.

regards

yes i understand what u mean,also my mom says if one's hand stuck under a heavy slab,one need to take thier hand slowly out other wise one may suffer abrasions.regard

Thank You for the understanding.

regards

子曰：“学而时习之，不亦说乎？有朋自远方来，不亦乐乎？人不知，而不愠，不亦君子乎？”

English translation here http://www.chinese-wiki.com/Verse_1-...cius_Chapter_1

多谢你指示,好友,福氣福氣( Thank You my friend )

regards

markets seems very firm currencies.
but many longs, they trying not allow the bull die of overweight?

seems litlle bird knows something that i not able see.
but is ok i not in .

no wonder birdie said "not get caught"
is very tricky thin markets.

and buying came in after ny lunch yesterday
so this bull have muscles by himself
brace for volitility.

they seems playing the wait wait wait game.
then pump, then wait wait wait.

trade carefully.
i going take a nap.

17.50 gmt i have sent a scout on short excursion at 1.2967 and 1,2972. please to the chart for the explanation.

18.20 i am just following price and ready for both rescue and attack.i want execute very agressive attack if price go my way,hopefully like this 1,1,2,16 and rescue 1,1,3,9. all depend on how prices work out.lets see what happen.also i will editing my post frequently so that all my thoughts and prices in the same post,so u people may have go back and read it.this i do only when i am in trade.

18.28. on 5 min chart prices seems to be forming rounded top but as u know they may mutate to some other pattern.positions are small,so the emotions of fear and greed are not involves yet.i am still maintaing my objectivity.

18.50. both my scout still under water but my objectivety still above water thats becos my positions small lol.
1858..i feel like the pattern is on the verge of failing then i see prices start to fall giving me more hope.i am still sticking with position.
19.25 why is this girl so shy of going down.
1931. since prices seems to be going as i had projected i have shorted two times my scout.my avg price is 1.2968.if prices really pick momemtum to the down side i may consider next level of attack.
19.40 l am looking for the 3rd impulse wave to start here,let see what happen if pattern fail then i really need to think to bury my position along with the scout.
19.45 now price appear to have form a very important point at 1.2966 and if price break that point anytime i am going to put my full attack in place that is 14 times my scout so that i will have 20 times the scout position.
1950. if price break 1.2966 then price may move very quickly hence i have put a limit order at 1.2965.
20.14 simpleman noted ur view,thanks.cancel my limit order at 1.2965.i thought i was following a girl but turnout to be Him.lol.
21.20 i am still in the position,i still feel my direction of trade is correct.and if price touch 1.2980 i will add 3 more scouts and my position will be semi rescue/attack type becos they are interchangable for both.if price go further against i will employ the whole rescue procedure with 9 and 20 scout and if price go favourable i can still apply my attack procedure.
21.38 my feeling is market again turning to the downside.i feel like should add position now rather than waiting for 1.2980 becos that will be very rigid.
21.50 to not go against my feeling i had divided my 3times scout position into 3 parts and shorted it 1.2976 making my reaverage at 1.2969 and if price reach 1.2980 i will add the remaining two scouts.
22.00 ok i am in with my full 3time scout position,if price go against me,then i should be ready for rescue.my reavg price is 1.2972.
22.35 market seems to be stalling,now here is the problem,market didnt move much against u but it is consistently against u for such long time,one get exhausted just following it and when the times comes to action when prices moving in ur favour,one unable to act.u see the game is more psycholgical than technical or funamental.again such is the game.
22.48 wondering how much this price action will be frustrating to bulls as well.the problem with practicing in slow market is once reflexes will become slow as well and that can be a drawback if one start to play in the fast markets.unless one is very very flexible.the problem with perception is everyone think they have that x factor.

23.05 now i am wondering if i can turn this sort of rescue position into attack.or may be its my greed i am not sure but time will tell.
23.37 collected some foreign capital offsetting quite a bit of position.may be its wrong way to go about but intention to relieve some pressure and reattack with more intensity if needed now that 1.2980 proved itself as good resistance point.so,fti bears make money,bulls make money and pigs get slaughtered.the game is all about exploiting volatility,with a particular mindset and protocol in place.as u said somewhere one need lot of practice following the protocol and it should become 2nd nature and once play may get better once stop thinking about whats our next step going to be.
700 bite the bullet with a small loss.

^ You should probably black out your account number.

Not sure if market will move much next 4-5 hours.

never cancel the order if someone is saying always use your judgement, I am just learner like all of you. Master is in the land of nod yet.

Another point is you said 1,1,2 and then 16. Why 16 straight? now think about it, your 1 1 and 2 have very small gaps and soon after you send big 16 and price turns back immediately against you then how much will it take to rescue. But when you go with proper sequence 1,1,2,3,5,8,13 ... and every time it is new a price in your favor then you will have some foreign cap with you to exit at profit, break even or you can plan accordingly if price moves against.

I don't remember if fti said anywhere that you MUST GO with full block of fib sequence i.e. 20, instead it depends on your market read. Probably your market read is good and you can go straight with 16. Think about fib spiral also

Hope it helps and fti or someone can correct me if I am wrong.

Regards