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Technical Analysis Fallacy

  • #37,241
  • Dec 11, 2012 12:30am Dec 11, 2012 12:30am
Quoting Gro
hi fti,
bottom yellow dress worn rare man.I'm also like the color yellow, the color of centre.

what is this "gang" in the photograph?
rgs
yes yellow is nice colour.
but my favourite colour is purple.

what gang?
only family and friiends and a the town.

regards



regards
  • #37,242
  • Dec 11, 2012 12:34am Dec 11, 2012 12:34am
Quoting tubguy
Hard to find friends like that. I have only found one and he moved away. Had some fun rowdy times though.
tub,
everyone need find their own lifes, mostly is different directions.
Good friends will always be good friends.

regards
  • #37,243
  • Edited 5:36am Dec 11, 2012 4:32am | Edited 5:36am
seems strong north winds coming.
i already taken my pee(tp) in euros.

now waiting for the ec (euro cable) manipulation.
Is become unwise sell ec.

infact is not clever sell either e or c

wow , this getting very boring buying cable 70s selling 80s.
getting feelings becoming broking than trading.
  • #37,244
  • Dec 11, 2012 4:46am Dec 11, 2012 4:46am
Quoting fti
seems strong north winds coming.
i already taken my pee(tp) in euros.

now waiting for the ec (euro cable) manipulation.
Is become unwise sell ec.
Hi FTI, I hope every thing Is O.k with you and your family.
I Know you have enough experince in market.
Could please tell me how do you know at present you take your TP.
I want to know what chart are you looking?
  • #37,245
  • Dec 11, 2012 5:34am Dec 11, 2012 5:34am
Quoting fti
yes yellow is nice colour.
but my favourite colour is purple.

what gang?
only family and friiends and a the town.

regards



regards
I understand but I prefer to stand in the middle circle
  • #37,246
  • Dec 11, 2012 5:38am Dec 11, 2012 5:38am
Quoting k.k
Hi FTI, I hope every thing Is O.k with you and your family.
I Know you have enough experince in market.
Could please tell me how do you know at present you take your TP.
I want to know what chart are you looking?
is very obvious, dealers behaving like brokers.
Just look at the range volatility.
cable is buy 70s sell 80s.
seems no ducks to hunt.
everyone's fasting?

regards
  • #37,247
  • Edited 5:59am Dec 11, 2012 5:39am | Edited 5:59am
Quoting Gro
I understand but I prefer to stand in the middle circle
Gro,
you like in middle?
ok then you target.
bulls eye is high points.

In middle is normally either decoy or scapegoat.


regards

seems the christmas is going be very boring.
everyone scalping for presents money.
so no ferraris keys in the boxes?
boxes will be BIG, get models instead.

no no no not that kind models.
car model kits.
maybe have picture of lady model sitting on car.

sales is slow.
what sells?
  • #37,248
  • Dec 11, 2012 5:51am Dec 11, 2012 5:51am
Quoting fti
is very obvious, dealers behaving like brokers.
Just look at the range volatility.
cable is buy 70s sell 80s.
seems no ducks to hunt.
everyone's fasting?

regards
Euro is doing a lil something
  • #37,249
  • Edited 7:01am Dec 11, 2012 6:00am | Edited 7:01am
Quoting Rabid Leper
Euro is doing a lil something
oh thats because they get more victims.
the ec is doing it thingy.
times like this who want give 3 pips spread to trade?

regards

just peed the cable as well.
i hope retail sales picks up
otherwise is going be dull 2013.

Hearing some say there not going be a 2013.
thats what they said in 2000.

Is like buying lottery tickets, one will be right ultimately.
then he/she can put out advertisement , made 100,000,000 with $1.
have one on my screen now.
makes 40k a month capital 5k?
I had been trading interbank most of my adult life.
Should be a billionaire by now.

well, come think of it is possible.
only need migrate to places that not use the cents.

If this body can recover.
Then i can go back to banks and trade like a billion$ again.
1 yard is nothing , esp in the money markets.

Maybe just go to sleep is best,
may just come back in a dream.
anyway is not rest time.
Whats the use of so much money?
still have to die.
OOps, never say die, i forgot.
ok ok say fly high.
  • #37,250
  • Edited 7:17am Dec 11, 2012 7:05am | Edited 7:17am
sorry for ranting.
Kanpei.

Inserted Video


Inserted Video
  • #37,251
  • Dec 11, 2012 7:32am Dec 11, 2012 7:32am
Quoting fti
sorry for ranting.
Kanpei.
no worries.
you are welcome.

regards
  • #37,252
  • Dec 11, 2012 8:29am Dec 11, 2012 8:29am
hi,fti and all.thinking over what happening,i feel like i am very rigid.once i makeup my mind,its very hard for me to shed the bias.if i am bull,i am bull very consistently and if i am bear i am bear very consistently,the reason is i dont want to be a pig.my question is how to be nimble or flexible?how to know once bias is wrong,at what point,we say we r wrong? yes i understand we use scout to get the feel but its very difficult to sacrifice if the scout is too deep in the water.probably i think need more and more practice and develop my intuition more.
Allah has permitted trade and has forbidden interest [koran]
  • #37,253
  • Edited 9:05am Dec 11, 2012 8:40am | Edited 9:05am
Quoting drzakir123
hi,fti and all.thinking over what happening,i feel like i am very rigid.once i makeup my mind,its very hard for me to shed the bias.if i am bull,i am bull very consistently and if i am bear i am bear very consistently,the reason is i dont want to be a pig.my question is how to be nimble or flexible?how to know once bias is wrong,at what point,we say we r wrong? yes i understand we use scout to get the feel but its very difficult to sacrifice if the scout is too deep in the water.probably i think need more and more practice and develop my intuition...
Dr.
yes i understand.
directional consistency is good.
Makes one goal directed.
But if goal post keep moving.
Then must think damage control and must find right place do the damage control.
Never be piggish, is a dark corner.
what i do is i never ever allow myself be wrong 3 decisions in sequence.( read the oldman, in flood rescue situation, i posted early in thread.)
A lot is on what the birds eye view, whats happening.
As i told early in the thread,
one must observe and ask markets.
What in jim beans you doing?
When markets tell, listen.
They always impact your P&L, so always be in tune to what they doing.

Oh damage control is basically like slicing own meat.
But is better slice the meat than rot all over.
Different peeps in different financial states will have different thresholds.
You gotta find yours.
That one no one can help you.
If you work of me at the banks.
If you start go red.
I will stand behind you watching your every move.
Once i feel you no longer in control,
i will eject you cool off.
But if you have lots foreign cap, i may just let you run amok in jungle for a while.
If whole floor is having bad weather, i 'll just trip the elcb and all will be off console locked down.
Only my elites in a different room will try recover the bank.

Me i like not lose more than what i can make the last few sessions.
So thats the control, but is not written in stone.
Goes with feel.
I never aim make killing in one trade.
I don't believe anyone can.
so is ants work.
Keep building.
Forget about how much last battle made or lost
stay with form and do the best the markets willing to give.
And make everyday a good day.

You know not everyday is sunshine on the bums.
so if is bad weather, make sure damage is controlled.

earlier kk asked , how will one know if is right pee the position.
No one knows.
Today i saw brokers dance the range with me, so i danced with them make them pay.
And thats it. As long as they pay, i not care how much they pay
today they played 5 legs, they paid me 3.
The longer they dance me, the more they pay.
Its ok, so long as they pay.


regards

i just realised i sound like a callgirl.;rofl:
  • #37,254
  • Dec 11, 2012 8:45am Dec 11, 2012 8:45am
Quoting fti
is very obvious, dealers behaving like brokers.
Just look at the range volatility.
cable is buy 70s sell 80s.
seems no ducks to hunt.
everyone's fasting?

regards
Thank you FTi you are very helpfull.
  • #37,255
  • Dec 11, 2012 9:03am Dec 11, 2012 9:03am
[quote=fti;6282424] Dr.
yes i understand.
directional consistency is good.[now i am not going to worry about directional consistency ty
Makes one goal directed.
But if goal post keep moving.
Then must think damage control and must find right place do the damage control.[when the times come,i am not able to muster enough strength to start rescuing.if rescuing then not putting proper position.yea i must sort this out.i think my reflexes should be conditioned and automatic.when it comes to mechanics of it.
Never be piggish, is a dark corner.
what i do is i never ever allow myself be wrong 3 decisions in sequence.if it happen do u bite the bullet then?
A lot is on what the birds eye view, whats happening.yes thats true.
As i told early in the thread,
one must observe and ask markets.
What in jim beans you doing?now i will ask this question to market till its sick of me
When markets tell, listen.absolutley
They always impact your P&L, so always be in tune to what they doing.i need to work on it.

Oh damage control is basically like slicing own meat.thats painful
But is better slice the meat than rot all over.but its much worse,in view of which i will rather slice my meat.
Different peeps in different financial states will have different thresholds.
You gotta find yours.
That one no one can help you.
If you work of me at the banks.
If you start go red.
I will stand behind you watching your every move.if someone stand on my back watching i know for sure,my perforrmance going to suffer,so thank u.i am very individualistic and like digging the hole myself.




thank u very much fti,its very kind of u.may god bless u with good health and better quality of life,amen regards
Allah has permitted trade and has forbidden interest [koran]
  • #37,256
  • Edited 9:43am Dec 11, 2012 9:10am | Edited 9:43am
[quote=drzakir123;6282500]
Quoting fti
Dr.
yes i understand.
directional consistency is good.[now i am not going to worry about directional consistency ty
Makes one goal directed.
But if goal post keep moving.
Then must think damage control and must find right place do the damage control.[when the times come,i am not able to muster enough strength to start rescuing.if rescuing then not putting proper position.yea i must sort this out.i think my reflexes should be conditioned and automatic.when it comes to mechanics of it.
Never...
Dr .
since you doing kim's game i like you experiment with this.
divide your 10% of your capital into 50 parts, this called your risk cap.
then make 50 decisions few minutes apart.

This can help you compliment the feel, while you developing your sense of observation.
after a week sit back and do the sums .
see what you feel accuracy factor is like.
then you may know where needs improvement.
as you improve, start skewing the sizes, compacting, so will be fewer decisions.
If you come to 3 decisions , you should had come a long long way.

regards

you do not need to reach 50 decision pee(tp) the positions.
Just do what the market allows you.
By feel any time you feel she not cooperative.
Just pull the pulg on the positions as you wish.
After you squared, if time permits start again.
but remember to square out ahead of figs reporting in usd.
on normal time is usually 8:30pm my time.
daylight savings time is 9:30pm my time.
my time is gmt+8
you can refer ff events calander for your time , when figs gets released.

http://www.forexfactory.com/index.php
  • #37,257
  • Dec 11, 2012 9:41am Dec 11, 2012 9:41am
they naughty.
waited for US's Wholesales inventroy figs before the strong up.

seems heli going lose lots more hair.

regards


no chase markets
is hitting tops test zones.
wait some time see whats the winds.
no markets move in straight lines.

is year end thin liquidity.
be observant.
  • #37,258
  • Edited 10:14am Dec 11, 2012 9:55am | Edited 10:14am
[quote=drzakir123;6282500]
Quoting fti
Dr.

what i do is i never ever allow myself be wrong 3 decisions in sequence.if it happen do u bite the bullet then?
bite bullet can mean 2 things.

Normally is bite the bullet take the pain and cut.

or if want battle, bite the bullet take the pain and up skew.
but fight in longer time frames.
can be long long battles. which is not healthy.

This would require you call in reserves, so it MUST not go bad.
Once feel is not working need revert cut and lick wounds.

never go into this mode 2 time in a row.

Exceeding 3 you would be in death match mode already.
Normally after 2 incidents your mindset is alreeady very badly affected already.
if you short fuse( uncool) will be dangerous.



regards

remember when you bite the bullet. which ever your modus operandi decided, you must undergo cooling off period.
before re engaging. use tht period observe with intense focus do your vengence. AND don't overstay ask for too much.
you will be operating in high sigma zone already.

when you see vengence, always try revert to safety sigma zone. By that time most of your pips already are home.
  • #37,259
  • Dec 11, 2012 10:15am Dec 11, 2012 10:15am
Hi drzakir, Capt fti and all

I have the same mindset in the past, they still come back on and off. Before, when I was in a trade, I only re-average, then I realized that if we don't have ton of $$$$$, it won't work. Then I started to learn flipping... and flip and ... flip...(5min then 1 min) .. and become pig..ha..

now, I give myself more time, patient to judge (or feel ) the situation/s and keep asking questions (like fti mentioned) , and I try to stay within 1 flip (mostly after scout), at most 2, and rescue within 1-2% capital, if reached cut damage. Restart again on next session or next day.
Still in training phase (on demo), below is my today trade.
My thoughts:
Initial bias is down (based on last week 3 down days and yesterday a pull back), keeping in mind that the retrace might be longer. Along the way, the short chart shows some sign of going up (in my own opinion), so I do a flip. Some of my thoughts were in the chart, please comment and whack.

regards,
James.

Quoting drzakir123
hi,fti and all.thinking over what happening,i feel like i am very rigid.once i makeup my mind,its very hard for me to shed the bias.if i am bull,i am bull very consistently and if i am bear i am bear very consistently,the reason is i dont want to be a pig.my question is how to be nimble or flexible?how to know once bias is wrong,at what point,we say we r wrong? yes i understand we use scout to get the feel but its very difficult to sacrifice if the scout is too deep in the water.probably i think need more and more practice and develop my intuition...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 5min_11dec2012.gif Size: 27 KB
  • #37,260
  • Edited 10:39am Dec 11, 2012 10:20am | Edited 10:39am
Quoting neoshg
Hi drzakir, Capt fti and all

I have the same mindset in the past, they still come back on and off. Before, when I was in a trade, I only re-average, then I realized that if we don't have ton of $$$$$, it won't work. Then I started to learn flipping... and flip and ... flip...(5min then 1 min) .. and become pig..ha..

now, I give myself more time, patient to judge (or feel ) the situation/s and keep asking questions (like fti mentioned) , and I try to stay within 1 flip (mostly after scout), at most 2, and rescue within 1-2% capital, if...
ai ya james, just friends la.
Capt is commisioned operational men.
I am old fart already la.

Ya bias is bias. Not use it for decision making.
Only for aggression or non.

Always yield to trend winds.

"keeping in mind"

allow mind empty.
its start of another mode.
stay on form. stay observant and focused.
Let market tell you what they doing.
and LISTEN.
Then find the sweet spot , give them hell.
immune to old wound.
its all nothing, only some money temporarily in POW camp.

if bias directs then mind and senses all blocked.
ego rules then.
The red line ops is over.
1st strike can be either be dead in waters, or rescued, depending on trend winds.
There would be inclination for rescue, but if ground conditions not favorable that slight remaining bias can get 2nd strike force in danger.
2nd strike is up skew already.
so is incline rescue. But The 2nd ops mode should operate independent to 1st strike.
If is rescue is just because the ground techticals directed such.



regards
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