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Technical Analysis Fallacy

  • #39,561
  • Edited 1:13pm Apr 4, 2013 12:34pm | Edited 1:13pm
currency wars.
they way they fight. so interesting.
any bird gets caught in a cage, is BBQ bird.

Inserted Video


ya ya ya free your mind and the ass will follow.
my mind is not nimble, dang.
no scouts, no pain, no feel.

nevermind, calm cool.
wait for lines get in order first.
calm meditate , pray. slowly.

now to resting.
  • #39,562
  • Apr 4, 2013 2:37pm Apr 4, 2013 2:37pm
Quoting frz
yap, definitely. Regards


Hi frz


watch some one does not kick you in them, the bruising lasts for weeks and the pain ouch! the pain. my friend.
No good in being a dead hero.

balls are to be protected for only special purposes.

Regards


Phil
-be careful about what you allow to be put in your mind-
  • #39,563
  • Apr 4, 2013 2:41pm Apr 4, 2013 2:41pm
Quoting fti
for you i have a suggestion. go down to the smallest trading size you can live with. then you build. like ant work. everytime you meet 300% of risk capital, then re-adjust your minimum up 30% of base. do this 7 years learning every trick markets knows, then when you learned the lessons, you conclude. i bet by then you will understand and continue as when you started. I don't want hear any excuses. make sure your siralling is at least 7 layers deep and 7 of 7 and 7 of 7. (this just guide) i know you will know stuff more powerful than this....
RSJ algoritmic trading - member of the
Chicago Board of Trade, Euronext.liffe, European
derivatives exchange Eurex etc.
  • #39,564
  • Edited 8:16pm Apr 4, 2013 7:53pm | Edited 8:16pm
Quoting phil13
Hi frz watch some one does not kick you in them, the bruising lasts for weeks and the pain ouch! the pain. my friend. No good in being a dead hero. balls are to be protected for only special purposes. Regards Phil
good morning.

hi Phil.

my friend, due my lack of slang sentences or technical term in english.
i think i have little misconceived. my apologies.
is it you guessing me being rude to M-H trader?

honestly, the response that i give to him is friendly in my look.
i didn't mean to indelicate to anyone.
if it was impolite in anyone viewpoint, my apologies.

the main purpose i came here is just to learning how to trade.
being rude or make enemy will make a distraction.
that's why i won't do that.
language is crucial, i will be careful next time.


Regards


P.S: is it balls in terminology means brave??
steady as she goes
  • #39,565
  • Apr 4, 2013 8:32pm Apr 4, 2013 8:32pm
Quoting fti
Bands? you CB? whats over sold can remain over sold vice versa. what bands tells you? 12 periods lag in this volitility, your positions can become very dead in water very quickly. depends on how fine your period. If you on tenure, then may God have mercy on the persitions. rescue? rescue what? only if you CB. and even that no one wants piss into the wind. will flow right back at you. regards when your b bands meets , thats chance for you bailout if you positions out of line with flow. I not like the Mo , but if you insist. Thats your que to jump...
good lesson ,, sir,,
( simple but powerful )

#today was very powerfull move for all jpy pairs, due japan CB policy.
i guess your resue was against the trend.
any rescue wont work if against the trend, unless you flipping into trend moves.
and for the bleeding position is your call to cut it out or keep it.


#rescue what?
only if you CB. and even that no one wants piss into the wind.
will flow right back at you.

(( The biggest mistake is downwind ))

salaam
  • #39,566
  • Apr 5, 2013 2:52am Apr 5, 2013 2:52am
Quoting frz
good morning. hi Phil. my friend, due my lack of slang sentences or technical term in english. i think i have little misconceived. my apologies. is it you guessing me being rude to M-H trader? honestly, the response that i give to him is friendly in my look. i didn't mean to indelicate to anyone. if it was impolite in anyone viewpoint, my apologies. the main purpose i came here is just to learning how to trade. being rude or make enemy will make a distraction. that's why i won't do that. language is crucial, i will be careful next time. Regards...


Hi frz


balls means brave? Yes..... but you should reserved it for when you are in deep water in the market and deep water should be avoided, that is where there is a real possibility of drowning, why risk unnecessary.


I was not having a go at you at all, sorry if you thought that, I was trying to point out the above basically.


If you use 10% per battle and you loose 5 in a row, which is more than a possibility especially while learning what is here, then you will have to gain 100% just to break even, the pressure that will put you under will probably ensure most loose the other 50%, so to be brave is fine but do not be overexposed in the belief that that is bravery so protect your 'balls' (can also mean your wedding tackle) 'bravery' for when they are needed.


When I said 'some one' I meant 'the market'


hope this clears it up for you and good luck with your trading.


Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #39,567
  • Edited 9:46am Apr 5, 2013 3:13am | Edited 9:46am
Quoting fti
a small correction. price is about demand and supply. markets is about dealers spreads and brokers shades. strategies, greed, fear, capitalisation, money management.........basically skills. lucky is about not get killed in hairy situations. good trades are those that you losing but net out winner. Good traders is about consistency in performance over lifetime. Bad traders are those makes lots and loses even more. regards
Just trying to control egor and staying humble.

Hope you are well.
  • #39,568
  • Apr 5, 2013 6:47am Apr 5, 2013 6:47am
Quoting simpleman
Just trying to control egor and staying humble. Hope you are well. {image}
yes, simple.
I am as well as I can be under the circumstances.

These days is hard get things done.
Banks behave like they are the bosses and we customers are their slaves.
mostly asking us talk to machineses.

Your charts looks good.
since you are very happy with it i suggest you take a holiday.
check mindset.

and give some zakat to the needy hor, my friend.

regards
  • #39,569
  • Edited 7:26am Apr 5, 2013 6:59am | Edited 7:26am
For those who thinking what i telling frz is the holi grill.

It is not.
is the only way i can bring to risk appitide to managable in propotionate to his ambitions.

He has made clear, has little understanding of econs.
High risk and forcing performance , while in early learning curve.

If he can do what i said for 7 years , at 7 years he should be given a phd in trading.
takes only 2 for traders find their niche.

i expect he will be here while his knowledge basics improves and then slowly will come back to the risk parameters most will be at.
For noew there are too many lesson he need learn from markets.
So his risk exposures need be controlled.
And from this controlled process he should be able learn and find his equilibrium.
and slowly re- adjust to higher risk vectors as he climb his learning curve.

So if anyone thinks that the holi grill is a big mistake.
I shall nort email back about the questions that some of you asked.
I hope my intentions are clear from this posting.

I just dragging him back to basics for a him have a chance read the thread and develop in non pressure cooker environment.
I fear if he succumbs to the pressure at the point he's at.
Then it may become impossible for him find his way back to basics.

This may apply to some others here as well.
some not show their hand so i not able help those.
but for those truely need the chance learn trading properly, then please heed the suggested as well.


regards

nfp soon
your battlestations please ladys and gents.
  • #39,570
  • Apr 5, 2013 8:20am Apr 5, 2013 8:20am
Quoting fti
yes, simple. I am as well as I can be under the circumstances. These days is hard get things done. Banks behave like they are the bosses and we customers are their slaves. mostly asking us talk to machineses. Your charts looks good. since you are very happy with it i suggest you take a holiday. check mindset. and give some zakat to the needy hor, my friend. regards
Yes indeed, I always give zakat on annual basis and charity on regular basis even if I don't have success in FX.
Beginning this month I have slowed down in trading as last two months gave me extra ordinary gains which
I still trying to figure out, need checking mindset if I am getting greedy as this is the way to the destruction.
Thanks for the suggestion dear friend.


I see money coming out of banks and going in to real estate as losing in real estate better than losing half with bank deposits.
  • #39,571
  • Apr 5, 2013 8:44am Apr 5, 2013 8:44am
Quoting fti
For many this happened. {image}

Now thats a good lookin horse!
  • #39,572
  • Apr 5, 2013 8:53am Apr 5, 2013 8:53am
Quoting fti
Need be someone who knows you well. Family or good friends who themselves are traders. When you performing well, you have a certain mindset that eminates into your behaviour. when there is change your behaviour will also change very evidently. When one interrects, one can detect subtle changes. When one talking cock sure of something then one knows the bias moved in overshadow the mind. Can do this when book bottom line begins to deviate from norm. trying crawl back to basic when detected can create environment shield one from making big mistakes...
I'm in a death battle from this. Had to leave my station and got caught with 3 underwater. Rescued 2 yesterday NY session. Still have 1 hung out.
Still have a couple of battalions that I can send if needed. Just gonna work it a little at a time till I get that scout home safe.

As you mentioned, If I had left all troops in, I would be on the dinner table now. Learning slowly but steadily.

Special thanks to my friends here for their help as I learn.

Back to the battle!
  • #39,573
  • Edited 9:27am Apr 5, 2013 9:15am | Edited 9:27am
Quoting simpleman
Yes indeed, I always give zakat on annual basis and charity on regular basis even if I don't have success in FX. Beginning this month I have slowed down in trading as last two months gave me extra ordinary gains which I still trying to figure out, need checking mindset if I am getting greedy as this is the way to the destruction. Thanks for the suggestion dear friend. I see money coming out of banks and going in to real estate as losing in real estate better than losing half with bank deposits.
my friend, money always looking for victims.


i hope every one made good pips this round.
they very cautious on the volitility.

regards

now stand down and drink coffee hor.

seems some eager beavers rushing.
they waiting for them patience expire before lunch fiasco.
poor ducks.

next week i can play small small.
need get my wd40 out spray some rusty joints.
lets hope my mind no go kaput again.
  • #39,574
  • Apr 5, 2013 9:26am Apr 5, 2013 9:26am
Quoting fti
there is a way shift your var formulation using historical volatility reads, moving between macro risk capital and investable risk capital , but i will let you fig that out yourself. you will learn what to incorporate and how much from markets.
thanks.

regards
  • #39,575
  • Apr 5, 2013 9:30am Apr 5, 2013 9:30am
Quoting cuthbert
thanks. regards


regards
  • #39,576
  • Apr 5, 2013 9:35am Apr 5, 2013 9:35am
Quoting tubguy
I'm in a death battle from this. Had to leave my station and got caught with 3 underwater. Rescued 2 yesterday NY session. Still have 1 hung out. Still have a couple of battalions that I can send if needed. Just gonna work it a little at a time till I get that scout home safe. As you mentioned, If I had left all troops in, I would be on the dinner table now. Learning slowly but steadily. Special thanks to my friends here for their help as I learn. Back to the battle!
oops, my frind in battle still.
slowly no rushing.
the sudden jerky volitility playing games in many minds.

regards

seems there some sneaky bids at 12950s.
be aware.

was wondering.
if you have few battalions in reserve how can you be in death battle la.
easy does it.
1.3 is very sentimental area for the e.
  • #39,577
  • Apr 5, 2013 9:48am Apr 5, 2013 9:48am
Quoting fti
my friend, money always looking for victims. i hope every one made good pips this round. they very cautious on the volitility. regards now stand down and drink coffee hor. seems some eager beavers rushing. they waiting for them patience expire before lunch fiasco. poor ducks. next week i can play small small. need get my wd40 out spray some rusty joints. lets hope my mind no go kaput again.
Your small small will be big big for us.
  • #39,578
  • Apr 5, 2013 10:42am Apr 5, 2013 10:42am
Quoting fti
oops, my frind in battle still. slowly no rushing. the sudden jerky volitility playing games in many minds. regards seems there some sneaky bids at 12950s. be aware. was wondering. if you have few battalions in reserve how can you be in death battle la. easy does it. 1.3 is very sentimental area for the e.
Holding those extra troops in the bank. Can deposit in seconds.

Gonna take it easy and see if I can do this before NY close. Already released one battalion in case it's needed.

Just taking pips as they come. No hurries anymore. It will be what it is supposed to be. Rushing always cost me.

Making plays just above the 1.3 now. Have 2 battalions in at 1.328 & 1.334. on a south bound direction. Just waiting to see what she wants to do.
A retrace back to 1.3 will get it done.
  • #39,579
  • Apr 5, 2013 10:50am Apr 5, 2013 10:50am
Battalions out with a few troops added to the reserves. Don't like the feel. Gonna wait a few more mnutes and see if she has something to say.
  • #39,580
  • Apr 5, 2013 1:13pm Apr 5, 2013 1:13pm
Quoting fti
regards
you are awesome.
is not fake praise but you truly are.

take care chief.

regards
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