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Technical Analysis Fallacy

  • #39,221
  • Mar 3, 2013 3:54am Mar 3, 2013 3:54am
Quoting fti
"A friend in need is a friend indeed."
Inserted Video
  • #39,222
  • Edited 4:15am Mar 3, 2013 4:03am | Edited 4:15am
Quoting phil13
Hi Dr Zulu


here is a map of my trading.....


I use line charts to see/feel the flow in the kingdoms and the crosses, all I need to know from them is where is the money going and what direction
Thanks Phil for your kindness. Perhaps is there somewhere in the thread where I can read more about the quoted above?
I do look at ro4k but someway manage to stick to the pair which is "stuck" and refuses to move, worse than draggin a donkey!
I've been thinking for years about a way to mathematically gauge "where is the money going" by interpairs analysis, but it would be a hard programming task and I did not want to go that way with no knowledge if it was something useful or complete rubbish.

For these reasond I often found comfortable not trading with the majors, but dealing with pairs like AU or NU whose path is less troubled by order flow in other pairs. Sorry if I don't make any sense here, got no degrees, no papers... The equation in my book is not something to proudly make a show of, I just try to trade to make a modest living before my present job will dry the best out of me.
  • #39,223
  • Mar 3, 2013 4:34am Mar 3, 2013 4:34am
Inserted Video


reminds me of the glamorous life in the past
  • #39,224
  • Mar 3, 2013 4:40am Mar 3, 2013 4:40am
Quoting Dr_Zulu
Thanks Phil for your kindness. Perhaps is there somewhere in the thread where I can read more about the quoted above?
I do look at ro4k but someway manage to stick to the pair which is "stuck" and refuses to move, worse than draggin a donkey!
I've been thinking for years about a way to mathematically gauge "where is the money going" by interpairs analysis, but it would be a hard programming task and I did not want to go that way with no knowledge if it was something useful or complete rubbish.

For these reasond I often found comfortable not...

Hi DR Zulu


there is no maths involved, just basics only eyes, mind, lines (for direction) and YOU.


I was told roughly what to watch and I did (for a long time), then I began to see. No maths - just the basics free from all the clutter so nothing could mislead me.


I started trading the eur/usd, I only concentrated on one pair (I get confused if to much is going on, so I found my limitation/comfort zone), I watched the kingdoms and the crosses for that pair, now when they move in certain ways I can understand/get a clue/feel for what is going on, there are many variables that is why only time, patients and practice can show you.

the only way to understand is to let the market teach you, i found the more you push/force the learning the slower it is internalised.


Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #39,225
  • Mar 3, 2013 4:57am Mar 3, 2013 4:57am
Quoting phil13
Hi DR Zulu


there is no maths involved, just basics only eyes, mind, lines (for direction) and YOU.


I was told roughly what to watch and I did (for a long time), then I began to see. No maths - just the basics free from all the clutter so nothing could mislead me.


I started trading the eur/usd, I only concentrated on one pair (I get confused if to much is going on, so I found my limitation/comfort zone), I watched the kingdoms and the crosses for that pair, now when they move in certain ways I can understand/get a clue/feel for what is going...
agree agree phil 13
i hope you always doing well , my friend
regards
  • #39,226
  • Mar 3, 2013 5:12am Mar 3, 2013 5:12am
Quoting sumakianlee
agree agree phil 13
i hope you always doing well , my friend
regards

Hi sumakianlee


good to see your here again, I hope all is well with you my friend.


regards


Phil.
-be careful about what you allow to be put in your mind-
  • #39,227
  • Mar 3, 2013 5:20am Mar 3, 2013 5:20am
I re-read my previous post and noticed some ego. I realize that the way I phrased my "human nature" disclosure probably sounded like malicious intent. My only goal in writing that part was to show that I acknowledge my curiosity scorpion and that the scorpion(despite currently being caged), is always there (as all scorpions are, the best you can do is recognize and reduce it). I tried to the best of my ability to show hand and provide an honest evaluation of my intentions (career advice only).

I notice that my talk of Q research is probably out of context for this thread (which is why I hesitated in posting). I understand that you likely have signed some NDA's in the past as I have, and that it is totally out of line for me to breach that contract. But you will notice that at no point did I ask for you to post any information other than career advice. I am certainly not trying to pass off as a spear man in that post. In fact, I have been faithful to your teachings as some can vouch for.

I suspect your comment is pointed at me because of the reference to "spear man" and because of my recent presence. I very much respect what you have already given and I am more than willing to leave if you truly feel I am out of line.

fwiw I have submitted cleanup reports on my previous few posts. Should keep your garden clean.





Quoting fti
TO WHOMs IT MAY CONCERN.
BREAKING NEWS.
LATEST DISCOVERY.

oh, just wanted to TEACH a new discovery.
may have found another solution for traders who cannot control their scorpions.

recently, just like some super egos coming to the thread,
my dogs all giving me a hard time keep discipline.
so saturday, i made arrangements sent some to the vet to be yamed.
now that they all monks and nuns.
i noticed their very good humble behaviour.
no more hormone and uncontrolable problems.
esp the pit, who is youngest, but strong and most bullying.
Today...
  • #39,228
  • Mar 3, 2013 5:21am Mar 3, 2013 5:21am
Quoting sumakianlee
http://www.youtube.com/watch?v=sPC6YtULq-I

reminds me of the glamorous life in the past


Inserted Video


regards
  • #39,229
  • Mar 3, 2013 5:24am Mar 3, 2013 5:24am
Quoting fullperson
I re-read my previous post and noticed some ego. I realize that the way I phrased my "human nature" disclosure probably sounded like malicious intent. My only goal in writing that part was to show that I acknowledge my curiosity scorpion and that the scorpion(despite currently being caged), is always there (as all scorpions are, the best you can do is recognize and reduce it). I tried to the best of my ability to show hand and provide an honest evaluation of my intentions (career advice only).

I notice that my talk of Q research is probably...
is not 1 man makes a conspiracy.
Just wanted highlight a point. Mostly help others.
also for those pass exams and think is top of the hill.

Everyone wants a wormhole, in the end thats what they get.
I seen lots of these.
they lose it then they never find their way home again.
I never want make things personal, it just a learning curve.
Beware the pitfalls.
The foundation is the mindset.

many peeps not understand, small wrong turn is all it takes.
it eminates from the foundation.


regards
  • #39,230
  • Edited 6:36am Mar 3, 2013 5:43am | Edited 6:36am
Quoting fti
is not 1 man makes a conspiracy.
Just wanted highlight a point. Mostly help others.
also for those pass exams and think is top of the hill.

Everyone wants a wormhole, in the end thats what they get.
I seen lots of these.
they lose it then they never find their way home again.
I never want make things personal, it just a learning curve.
Beware the pitfalls.
The foundation is the mindset.

many peeps not understand, small wrong turn is all it takes.
it eminates from the foundation.


regards
as for the Q.
being pioneer R&D who assisted developed the eq in the Q in the institututions, i can say is only 1 aspect of the big picture.
fwiw a very powerful aspect for big boys managinfg tool box.
surely for those who blank of thoughts forward, is the only aspect.
thats all i want say.

Is ok, nothing personal.
is just a learning curve.
I had seen where it leads, for pea minds.
So i make point to tell , only that.
Is same stuff drive peeps go to casino and believe they will be wealthy.
theoritical edge is just only that, a theory still.
Is in fact very much deeper and wider than 1 track minds can see.
Is the same excitement , when a virgin sees a woman for the 1st time.

In my 30 years journey , i like believe i had seen outside the box. Maybe not all but i surely seen where aome of the follys.


regards
  • #39,231
  • Edited 12:42pm Mar 3, 2013 11:17am | Edited 12:42pm
Quoting fullperson
I re-read my previous post and noticed some ego. I realize that the way I phrased my "human nature" disclosure probably sounded like malicious intent. My only goal in writing that part was to show that I acknowledge my curiosity scorpion and that the scorpion(despite currently being caged), is always there (as all scorpions are, the best you can do is recognize and reduce it). I tried to the best of my ability to show hand and provide an honest evaluation of my intentions (career advice only).

I notice that my talk of Q research is probably...
Look fullperson,
it not necessary clean up a garden.
The garden have lots things some nice some not so nice.
some dead and some decomposing.

I came on thread help, because some one asked for help.
already semi retired. Only in managing capacity , no longer active front lines.

I did this until i had the haert attack.
and i kept going until the 2nd attack.
and now i just trying stay valid, see if i con continue help anyone until times up.
also have something keep me going instead of living like rotting vegetable.
If peeps want corp front line stuff, one need running with the front liners.
Not from someone out of the race and under ND cover.

Now i just socialising with some i managed helped and had become friends.
So just leave things be.
FF had been very kind, provided much space for these activities.
although I only provide some thoughts to those who willing to think.

i already suspended almost all active market participation.
so depending on me for market read is most dangerous.
depending on me for career reach is not even remotely possible already.
so if you fell any kindness in your soul help any friends here, is appreciated.
I just detected , you may have rub on much ego from work.
so i sound for you be aware.
Its nothing personal, just friendly old man cranky sounding board.
thats all.

If these small stuff you can get sensitive about , then your chip on shoulder is very dang heavy.
Howwill you manage the markets?
Bewary that it not be your achelles heel.
One needs determination strong as balls of steel, and skin thick as elephant hide take punches and reflexes quick as lightling survive markets long term.
Can you train yourself , have what it takes stand the rages of time in markets? stand tall with honour and respect?
no one is perfect, only execellence and repentence. Learn from the experiences.

Wjhats the point keep cleaning up. There lessons in every episode.
sweeping things under carpet not mean life is fine and danddy.
Face things like a man, more face it like a champion dealer.

Ever show your performance to for no need to know eyes again, and you should know that your downward spiral has begun.
Is ultimate ego. So what s cleaning up mistake gonna do?
live with the scar and clean up the mindset.

there no shame in being wrong, only staying wrong. same as in markets.

regards
If you can't still see it.
take a look at panda.
she starved millions to death.
see what she has become after the lessons and re-adjusted her stance?
no doubt will keep re-adjusting up her learning curve.
  • #39,232
  • Mar 3, 2013 12:42pm Mar 3, 2013 12:42pm
is no worries chief
i understand.

regards
  • #39,233
  • Mar 3, 2013 12:44pm Mar 3, 2013 12:44pm
Quoting cuthbert
is no worries chief
i understand.

regards
then is worthwhile.


regards
  • #39,234
  • Edited 12:59pm Mar 3, 2013 12:48pm | Edited 12:59pm
Quoting fti
then is worthwhile.


regards
some teachings are very very expensive because they are priceless.

regards
  • #39,235
  • Mar 3, 2013 7:55pm Mar 3, 2013 7:55pm
Quoting cuthbert
some teachings are very very expensive because they are priceless.

regards
Interesting thinking?????....................................
  • #39,236
  • Mar 4, 2013 11:00am Mar 4, 2013 11:00am
its all about the ego.....

Inserted Video



hayseed made this video.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #39,237
  • Mar 4, 2013 1:26pm Mar 4, 2013 1:26pm
Quoting phil13
its all about the ego.....

http://www.youtube.com/watch?v=bZz9S...layer_embedded


hayseed made this video.

regards

Phil.
Haha! Thats good!
  • #39,238
  • Edited 7:17pm Mar 4, 2013 6:33pm | Edited 7:17pm
Quoting phil13
its all about the ego.....

http://www.youtube.com/watch?v=bZz9S...layer_embedded


hayseed made this video.

regards

Phil.

wow, good video.

out of topic question..
if anyone ask about your profession, what you're going to tell them?

up till now, i'm not sure to say that i'm full time forex trader.
not everyone in my neighborhood know this kind of job.
sure, i don't want anyone have perception about me like comment in that video, "make a living with eating dog"


Regards
steady as she goes
  • #39,239
  • Mar 4, 2013 7:27pm Mar 4, 2013 7:27pm
Quoting frz
wow, good video.

out of topic question..
if anyone ask about your profession, what you're going to tell them?

up till now, i'm not sure to say that i'm full time forex trader.
not everyone in my neighborhood know this kind of job.
sure, i don't want anyone have perception about me like comment in that video, "make a living with eating dog"


Regards
Just tell them that you work online. Most folks have no idea what your talking about anyway. Or tell them you eat dog.
  • #39,240
  • Edited 8:09pm Mar 4, 2013 7:56pm | Edited 8:09pm
Quoting tubguy
Just tell them that you work online. Most folks have no idea what your talking about anyway. Or tell them you eat dog.
yup.. work online, it was what i tell them these years.

i don't have a dog.. but i eat dog. keep your dog away from me.


Regards
steady as she goes
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