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Technical Analysis Fallacy

  • #39,981
  • Edited 5:43pm Apr 23, 2013 4:18pm | Edited 5:43pm
Quoting kompi
{image}

So whats your point? TROLL
  • #39,982
  • Apr 23, 2013 5:03pm Apr 23, 2013 5:03pm
Quoting Cobra
Your tongue is your own biggest enemy. Try to controll that and you might become a successful trader.
Hey champ how r u doing....seems you came from blue...business not doing good..???


V
  • #39,983
  • Apr 23, 2013 6:24pm Apr 23, 2013 6:24pm
http://www.bloomberg.com/news/2013-0...iled-plot.html

interesting isnt it...


V
  • #39,984
  • Apr 23, 2013 8:59pm Apr 23, 2013 8:59pm
When people are talking about removing the grid, do they mean like this or am I missing something?
Attached Image (click to enlarge)
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  • #39,985
  • Apr 23, 2013 11:06pm Apr 23, 2013 11:06pm
Quoting fti
Hi All, @ Maseyw, Thank you for your patience, "...So you would use the daily charts for trend and candle formations to indicate possible changes in movement. Do you use the hourly similarly? ..." Yes I use Daily Chart studies to indicate trend, I use short charts to indicate form. Ponder this, On the daily EUR/USD now we see possible topping formation, correct. We may be right, So tell me where is it going?Should be Down, right? When will we know if it is going down? What if on the short charts, its going up? So do we still want to go short?...
Brilliant. Finally.

I knew this is what was happening, but just couldn't articulate it to myself or anybody else.

The light has finally gone on for me.

Thank you Sir.
  • #39,986
  • Apr 24, 2013 12:24am Apr 24, 2013 12:24am
This is as naked as I can go on MT4 - maybe a bit too naked for me.
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  • #39,987
  • Apr 24, 2013 5:31am Apr 24, 2013 5:31am
Quoting ukmanthailan
When people are talking about removing the grid, do they mean like this or am I missing something? {image}

As someone suggested earlier. Hold the Ctrl button and then hit the G button while holding Ctrl down with Mt4 open in the window.

You will see the grid that is being discussed.
  • #39,988
  • Apr 24, 2013 5:38am Apr 24, 2013 5:38am
You can also just go to "Charts" and in the drop down menu, you will find "Grid"
  • #39,989
  • Edited 6:13am Apr 24, 2013 6:00am | Edited 6:13am
Quoting indianguyinny24
http://www.bloomberg.com/news/2013-0...iled-plot.html interesting isnt it... V

wow.
amazing.
vic

must be some way figure out who's in markets make a living and who's in to make a killing.
makes the phrase "make a killing" in markets have whole new perspective.

There's lots types money in the markets, drugs money, curruption money, money thats sensitive to light. so what they want to do?
close the markets?

Peeps do lots things with gains they get from the markets.
live, have exotic holidays, start charities, build schools, build empires , have exotic lifestyle, start harems, buy boats, paint the town red( now this one will have 2 meanings already), ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

can control what peeps do with their money.
but is not a good excuse keep everyone living in poverty.

regards
  • #39,990
  • Apr 24, 2013 6:09am Apr 24, 2013 6:09am
Quoting indianguyinny24
http://www.bloomberg.com/news/2013-0...iled-plot.html interesting isnt it... V
Just read this. Thats funny as hell. Hope they all try it and have the same outcome. Can't do shit if your broke.
  • #39,991
  • Apr 24, 2013 6:19am Apr 24, 2013 6:19am
Quoting tubguy
{quote} Just read this. Thats funny as hell. Hope they all try it and have the same outcome. Can't do shit if your broke.
if they correct.
the chap came into markets with bad motivation. Bad mindset.
hard succeed in markets with bad mindset.

tub, i finally got them 2 addons working.
after much head banging against the table.
Thanks so much.

also solved the grid showing problem. I adjusted grid colour of Grid V1 to match background colour , and wahla.

now i observe it for a week and see if i can get better feel. Thanks tub.

regards
  • #39,992
  • Apr 24, 2013 6:31am Apr 24, 2013 6:31am
Quoting keithesaf
{quote} Brilliant. Finally. I knew this is what was happening, but just couldn't articulate it to myself or anybody else. The light has finally gone on for me. Thank you Sir.
Oh , you welcome.
no need the sir, be good, be fruitful.

regards
  • #39,993
  • Apr 24, 2013 6:33am Apr 24, 2013 6:33am
Quoting ukmanthailan
This is as naked as I can go on MT4 - maybe a bit too naked for me. {image}

ukman
very colourful ladies you got there. having a party?


regards
  • #39,994
  • Apr 24, 2013 6:35am Apr 24, 2013 6:35am
Quoting fti
{quote} if they correct. the chap came into markets with bad motivation. Bad mindset. hard succeed in markets with bad mindset. tub, i finally got them 2 addons working. after much head banging against the table. Thanks so much. also solved the grid showing problem. I adjusted grid colour of Grid V1 to match background colour , and wahla. now i observe it for a week and see if i can get better feel. Thanks tub. regards
Great! glad it's working for you now. I can relate to the head banging. I still can't figure out how to close a trade in mt4 mobile.
  • #39,995
  • Apr 24, 2013 6:42am Apr 24, 2013 6:42am
Quoting tubguy
{quote} Great! glad it's working for you now. I can relate to the head banging. I still can't figure out how to close a trade in mt4 mobile.
tub
wish i could return a favour , my friend.
but i not use a mobile.

anyone can help?

regards

tub, just a thought, if you long $x then selling $x , wouldn't that square your positions?
  • #39,996
  • Apr 24, 2013 6:58am Apr 24, 2013 6:58am
Quoting fti
{quote} tub wish i could return a favour , my friend. but i not use a mobile. anyone can help? regards tub, just a thought, if you long $x then selling $x , wouldn't that square your positions?
With my broker, it would hedge the position. The funny thing is, I can't find a dang thing online about how to use the Mt4 mobile

I'll get it figured out at some point I guess. Kinda makes me feel stupid.
  • #39,997
  • Edited 7:21am Apr 24, 2013 7:02am | Edited 7:21am
Quoting tubguy
{quote} With my broker, it would hedge the position. The funny thing is, I can't find a dang thing online about how to use the Mt4 mobile I'll get it figured out at some point I guess. Kinda makes me feel stupid.
then , must be very careful tub.
seems they have major accounting and back office problems.

They not even know that + and - = squared.

if you ask me, its they that have problem.

They cannot be good broker if they not understand FIFO(first in first out) accounting practise.
Is a standard practise in all financial institutions.

another thing is they trying trick positions to be opened even if is squaring, just so that they can get additional spreads and brokerage for squaring it.
moreover this rubbish will disrupt your thoughts flow and focus from markets. the squaring should be auto process so that you not need bothered about the back office stuff. My blotter perday can be few pages long. If had to deal with the squaring of the trades would surely go crazy and there are about 100+ dealers operating at peak timezone. And if everyone needed be asked , i would need a back office team 2 times the size of the dealing team. I hope you understand.


is already big energy drain f with the markets, let along need fight with them on which trade squares out which trade. If you trading as fast as pro dealers trading you can go mad just sorting out the accounting. Should be simple FIFO. When i was dealing, if back office comes ask me which buy matches which sell, i would throw the book at them.



regards
  • #39,998
  • Apr 24, 2013 7:12am Apr 24, 2013 7:12am
Quoting tubguy
{quote} With my broker, it would hedge the position. The funny thing is, I can't find a dang thing online about how to use the Mt4 mobile I'll get it figured out at some point I guess. Kinda makes me feel stupid.
Hi Mike

mobile user guide pdf

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File Type: pdf alpari_uk_userguide_metatrader4_mobile.pdf   1.5 MB | 5,233 downloads
-be careful about what you allow to be put in your mind-
  • #39,999
  • Apr 24, 2013 7:20am Apr 24, 2013 7:20am
Quoting indianguyinny24
http://www.bloomberg.com/news/2013-0...iled-plot.html interesting isnt it... V
#*@);-"^+}~>#%*!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • #40,000
  • Apr 24, 2013 7:23am Apr 24, 2013 7:23am
Quoting fti
{quote} then , must be very careful tub. seems they have major accounting and back office problems. They not even know that + and - = squared. if you ask me, its they that have problem. They cannot be good broker if they not understand FIFO(first in first out) accounting practise. Is a standard practise in all financial institutions. another thing is they trying trick positions to be opened even if is squaring, just so that they can get additional spreads and brokerage for squaring it. moreover this rubbish will disrupt your thoughts flow and focus...

They are actually pretty good. On my desktop, all I need to do is click to close any position. They are not a U.S. broker, so they allow hedging.

The only problem I have is if I need to be away from the puter. I wanted to monitor my positions on my phone. I'm just to dumb to figure the mobile thing out.
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