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Technical Analysis Fallacy

  • #39,281
  • Mar 6, 2013 10:27am Mar 6, 2013 10:27am
Quoting mr.kho
yes that the life in the world we live in variety of diversity,,
sad, happy, crying, laughing,angry,, falling in love,,lovelorn,,greed ,,fear,,war,,
peace,,
we experience in our lives in rotation /circle,,

peace
salaam
Please note that I am not writing it for arguments or debate or discussion; These are just my believes and thoughts, if these make sense to you, then I would say please think about it. Why I am doing this because I think this is my moral duty as I have many friends here who share their skills, knowledge and guided me a lot and helped me very much in learning trading. I always be thankful to you guys and wish you best luck. As part of this wish I would like to share with you some thing which I believe very strongly and for me there is no doubt so I would present it in front of you guys if it make sense to you guys then at least think of it.

"What is the purpose of life?" and "Why are we here?" - Here every single thing has some purpose, then human which seems is main creature in this world also must have purpose. If we go in some other city for some job or visit even for one week, we try to get information as much as possible about that city, weather, living cost, food, people etc and prepare as maximum as possible although we hope next week we will come back. We see people leave this world, then never come back, where they go, what is weather there, what is living cost there what we need there ..... many questions .. we should think....
WHO is the best one to ask... probably WHO created this world !!! Does HE exists or this world is running automatically? Any shop is running without shop keeper? every thing is created by itself, and so perfect that polar bear has skin according to his location, lion know how to hunt, honey bee know how to make honey, ant builds their cities, they knock the door, every ant knock is different, their knock tells that this ant is friend or enemy .... many many thing which you can think and need to find answer... I wish all of you guys think at least...
My purpose was to share with you guys these things... you think about it, believe it or not or walk away.. it is upto you... every body is responsible his/her own deeds...
With best wishes to all...

One last thing... you should also question your self and find satisfactory answer.. is the parth you are walking is right and straight path, is the believe you have is correct, is it logical are you satisfied completely???
Peace
  • #39,282
  • Mar 6, 2013 5:11pm Mar 6, 2013 5:11pm
Quoting 786 trading
Please note that I am not writing it for arguments or debate or discussion; These are just my believes and thoughts, if these make sense to you, then I would say please think about it. Why I am doing this because I think this is my moral duty as I have many friends here who share their skills, knowledge and guided me a lot and helped me very much in learning trading. I always be thankful to you guys and wish you best luck. As part of this wish I would like to share with you some thing which I believe very strongly and for me there is no doubt so...
what you believe and your religion is good
you have a good choice,,mr.786,,
have a good trade,,
like mr.fti said before ,,practice dan experience it,,you will have it,,

salaam
  • #39,283
  • Edited 12:25am Mar 7, 2013 12:04am | Edited 12:25am
"China grants more access to financial markets"

http://my.news.yahoo.com/china-grant...--finance.html

"Chinese shares ignored the positive news on Thursday, with the benchmark Shanghai Composite Index down........."

no impact?
of course. they only put up a tool manage the on going flow, which is down.
but really where the transparancy of policys, a foundation for peeps really know that they can climb into this markets.

moreover, this a bad move, in my opinion.
"The market regulator also scrapped a rule limiting these investors to having a maximum of 20 percent of their yuan funds in equities, with the rest having to go into bonds, said the China Securities Regulatory Commission."
a good safety gate is curcumvented, although i may not agree with the 20% fig, but is still safe unless ageeement is for exceeding 100%.
but what about leverage? a new can of worms?

marks for trying.

regards




A senior official in the Zimbabwe National Parks and Wildlife Authority has been shot accidentally by another ranger as they tried to bait lions which attacked a couple having sex in a Kariba bush.

http://www.newsdzezimbabwe.co.uk/201...r-shot-as.html

not get LIon's share?
  • #39,284
  • Mar 7, 2013 1:06am Mar 7, 2013 1:06am
I thought that the last wilderness is in Alaska... Whops, here we go. Shiok!


Quoting fti
"China grants more access to financial markets"

http://my.news.yahoo.com/china-grant...--finance.html

"Chinese shares ignored the positive news on Thursday, with the benchmark Shanghai Composite Index down........."

no impact?
of course. they only put up a tool manage the on going flow, which is down.
but really where the transparancy of policys, a foundation for peeps really know that they can climb into this markets.

moreover, this a bad move, in my opinion.
"The market regulator...
  • #39,285
  • Mar 7, 2013 1:10am Mar 7, 2013 1:10am
Yes, recently my offer for a dream job was taken back due to a "hiring freeze". I had to deny another job I really liked and was a bit annoyed. I cleaned up the posts because I didn't want anyone to get rigid without proper understanding of the holes and assumptions made in Q.


Thanks for being dedicated mindset checker.

Ah yes frz..such insight you have.

4. If the commander is scrupulously incorruptible and thin-skinned,
he could be hurt by slander and made to lose his cool.
As a consequence he could be lured from his impregnable fortress to fight a pointless battle in the open.
  • #39,286
  • Mar 7, 2013 1:18am Mar 7, 2013 1:18am
Quoting fullperson
Yes, recently my offer for a dream job was taken back due to a "hiring freeze". I had to deny another job I really liked and was a bit annoyed. I cleaned up the posts because I didn't want anyone to get rigid without proper understanding of the holes and assumptions made in Q.


Thanks for being dedicated mindset checker.
Maybe they are trying you! Call them again! And ask them if REALLY, it is true that they are looking for traders! (dont ask abt that freez, that doesnt exist for you)
  • #39,287
  • Edited 5:57pm Mar 7, 2013 1:32am | Edited 5:57pm
Quoting fullperson
Yes, recently my offer for a dream job was taken back due to a "hiring freeze". I had to deny another job I really liked and was a bit annoyed. I cleaned up the posts because I didn't want anyone to get rigid without proper understanding of the holes and assumptions made in Q.


Thanks for being dedicated mindset checker.

Ah yes frz..such insight you have.

4. If the commander is scrupulously incorruptible and thin-skinned,
he could be hurt by slander and made to lose his cool.
As a consequence he could be lured from his impregnable...

Hi fullperson

i read your post about Q but i don't really get what it means due my lack of knowledge.

but i wish you get all the best.
good luck to you.


Regards
steady as she goes
  • #39,288
  • Mar 7, 2013 6:55am Mar 7, 2013 6:55am
DOWN 100 PIPS, UP 100PIPS, DOWN 100PIPS UP 100PIPS.

seem like a dog trying get rid of fleas?
no flows. jerks only, so something in the foundation changed.
scary volitility.

regards
  • #39,289
  • Mar 7, 2013 7:08am Mar 7, 2013 7:08am
Inserted Video
  • #39,290
  • Mar 7, 2013 11:57am Mar 7, 2013 11:57am
Quoting fti
DOWN 100 PIPS, UP 100PIPS, DOWN 100PIPS UP 100PIPS.

seem like a dog trying get rid of fleas?
no flows. jerks only, so something in the foundation changed.
scary volitility.

regards
Sir in this type of situations ... where big chart is confusing by up/down/up/down kind of moves ... that is some time looks going down and some time looks it is bouncing up...

question is should we do trade with minimum exposure ? or just wait side line.. ? and if we do trade what should we keep in mind or consider most?
  • #39,291
  • Mar 8, 2013 12:01am Mar 8, 2013 12:01am
Quoting indianguyinny24
http://www.youtube.com/watch?v=Y7G-tYRzwYY


regards
  • #39,292
  • Edited 1:44am Mar 8, 2013 12:07am | Edited 1:44am
Quoting 786 trading
Sir in this type of situations ... where big chart is confusing by up/down/up/down kind of moves ... that is some time looks going down and some time looks it is bouncing up...

question is should we do trade with minimum exposure ? or just wait side line.. ? and if we do trade what should we keep in mind or consider most?
: ) my callsign is fti.

yes the jerking actions are a little confusing.
esp for me, and because i no have exposures i not have ears and wall eyes seeking out whats actually happening.

whether you want have exposures in the market is up to the trader. it dependen on his scope of engagement.
if youwas trading for a living, would probably have some scouts out in the market trying feel for info and flow.

in times of foggyness, i tend limit my limits to low skmishes, because getting caught in a lull before storm situation is very hairy to manage.
what i would do is to move to longer tenures see if can manage things from a more macro perspective until ground feel becomes recognisable.

Generally what i feeling is that the currencies have begun pacing the usd weakness regain some price competitive edge for commerce.
so is testing see wherethey can find real and sustained supports. But like I said i not in battlefield, so is only feeling from spectators point of view.
Whats very evident to me is a lacking of vibrant liquidity, mostly.

Untile fog clears, best MO would be stockist stance. ie some small sized bargain hunting.
1 thingy i watching is if 1.3 euro and 1.5 cable . these criticle handles.
is these solid or are they porous? tells whats the strategies to impliment forward.

Last week the general feel was for a likely attempt for bottoming. so scouts would be long currencies.
these couple week forward will be trying advantage the scout's cost positions, while they try detemine if this is truely the bottoming zone.
And because of the terrain change in mannner of moving, would like put extended time windows with more tenure as contingencies.

But because i not have positions , so i not feeling the urgency.
And not spending much energys of sourcing indept info from market.
Mostly spending time watching the local regional happenings.

regards

Oh by the way accidentally chanced on this info.
velly intersting

http://www.smh.com.au/world/the-divi...214-2eehk.html

Oh also just realised i am so far behind in medical advancement.
3 years ago? reminds me of poison umbrellas of 70s

Inserted Video
  • #39,293
  • Edited 6:01am Mar 8, 2013 5:44am | Edited 6:01am
NFP figs very good for usd.
so question is where the bottoms.
should be some more bottom testings as some what built in some of the drop range.

if one was nimble the meat is down side.
like i said i not in so i not able feel whats the going ons.

so with this drops, seems the need for rates move will disipate.
and markets sort of built in an expected 25 bsp already.
question now is how the eco figs looking to the ironlady.
the euro is very resilient here, so potential is high euro crosses.
Wondering if will see signs of some balancing.

if trading crosses need have range volitility abilities as theat markets may be thin.
Euro cable crosses seems in testing of topping, so the right shoulder will be good indications if it will top. see daily chart.
if attemot eurocable shorts must have ability withstand topping volatility and since 2013, the volitility has gone into2 standard deviations territories.

regards

for those nimble and in short currency trades, try not to chase, expect either hgh volitily or dead fish market environment.
  • #39,294
  • Mar 9, 2013 11:19am Mar 9, 2013 11:19am
[quote=fti;6492935]ok. I am pressing the button.
Don't blink.
WATch

thats very dramatic.well done,good for him.
Allah has permitted trade and has forbidden interest [koran]
  • #39,295
  • Edited 12:57pm Mar 10, 2013 10:10am | Edited 12:57pm
Hi guys,
is there somewhere in the thread where how to understand "where il money going" is explained? Or where there are some examples?
Many thanks!

I also wanted to bring to your attention this article:
http://seekingalpha.com/instablog/16...rading-success
It seems very good to me and very in line with what fti brought up here (except the part with the stoplosses).
  • #39,296
  • Mar 10, 2013 7:05pm Mar 10, 2013 7:05pm
http://www.youtube.com/watch?v=FZ-bJFVJ2P0
  • #39,297
  • Mar 11, 2013 8:59am Mar 11, 2013 8:59am
update for buying a car:

Drove a BMW 328i and dont want to drive anything else....drove mercedes and Audi before it...both good but noithing beats a BMW....


V
  • #39,298
  • Mar 11, 2013 9:46am Mar 11, 2013 9:46am
Quoting indianguyinny24
update for buying a car:

Drove a BMW 328i and dont want to drive anything else....drove mercedes and Audi before it...both good but noithing beats a BMW....


V


Inserted Video


Inserted Video


Inserted Video


regards
  • #39,299
  • Mar 11, 2013 9:47am Mar 11, 2013 9:47am

Inserted Video
  • #39,300
  • Edited 10:29am Mar 11, 2013 10:04am | Edited 10:29am
Quoting indianguyinny24

http://www.youtube.com/watch?v=8nGZwu76GCI
wow bery hot.high votage !
why they arrested her?
singing also offence?

smoking is offence?

blue helmet is un peace keepers?

standing up in moving trailer lorry without helmet is offence?

singing too near tajmahah is offence?

I alway wondered how peeps can play electric guitar with out amp and electricity plugged in?

regards

i best not get too exicited.
had been vomiting lots this week. very stoned feel.
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