Technical Analysis Fallacy | Page 2005 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #40,081
  • Apr 25, 2013 11:05pm Apr 25, 2013 11:05pm
Quoting tubguy
{quote} Gotcha my friend. I guess I was thinking in context of whether or not I would have quit and moved on. If I had judged myself on every trade as my last over the years, I most likely would have given up. If I were normal. I am not though. I never quit until I master what I seek to master. I will do whatever it takes to be on top. thats the cowboy way. Your point is taken and understood though. I appreciate your bluntness and wisdom. Thanks as always Mike



ai ya top heavy already, hor

peeps not trading should smoke cigars. Bad habit.
as if peeps can't see.
Not scared of firewall meh.


regards
  • #40,082
  • Apr 25, 2013 11:13pm Apr 25, 2013 11:13pm
Hi 786
Same thing happened to me but without lines . I checked historical levels lows and previous highs and as a price came to them reacted without seeing how price interacts with thouse lines
Some scorpions surface after i thought that their are restraned
Back to the charts . Before fight i try to look on my previous mistakes to learn from them
Need with every fight take new hindsight if there any into tool box
Regards
Michael
Quoting 786 trading
Chief, I draw lines on charts as levels if market has reacted in history on higher time frames and used them as tool go measure the market. Now since few weeks my mind is trusting too much in these lines and I felt I am becoming regid about that. Like if market is going up and touching the level I assume it will come back and start selling and even if it break up.. i feel it is duck hunting. Now I am realizing that I am not dancing with market but I am predicting the market. Chief how can I cure my this new disease. I want to go back again to basics...
Do not be victim to conflict of the General and Commander in you - by FTI
  • #40,083
  • Apr 25, 2013 11:26pm Apr 25, 2013 11:26pm
Inserted Video


Inserted Video


RIP Eva cassidy, marvelous singer.

Inserted Video
  • #40,084
  • Apr 25, 2013 11:36pm Apr 25, 2013 11:36pm
Inserted Video
  • #40,085
  • Apr 25, 2013 11:43pm Apr 25, 2013 11:43pm
Inserted Video


Inserted Video


found it.

Inserted Video
  • #40,086
  • Edited 2:30am Apr 26, 2013 2:12am | Edited 2:30am
geez, i have edited some of my postings..
due my lack capability of communications.
since it becomes often,
maybe next i would spend my time just lurking and reread the thread.

thanks for all kindness and best wishes to all of you.
sincerely, frz,

Regards
steady as she goes
  • #40,087
  • Apr 26, 2013 2:39am Apr 26, 2013 2:39am
Quoting frz
geez, i have edited some of my postings.. due my lack capability of communications. since it becomes often, maybe next i would spend my time just lurking and reread the thread. thanks for all kindness and best wishes to all of you. sincerely, frz, Regards

wow, this can
is up flag or triple top?
the big question huh?

regards

try not get in wrong cycle window hor.
if they pushing up hands off the sell unless finds top.
otherwise someone may want hunting ducks hor.
now is europe zone dominant, becareful firewall.
above 50 has lots ducks hor, then after is probably vacuum.
13020 has stones. need hammer to crack type hor

usd yen scary toping .
so can be duck hunting country hor
  • #40,088
  • Apr 26, 2013 2:56am Apr 26, 2013 2:56am
ai ya what will happen if cable bottoms here?
  • #40,089
  • Apr 26, 2013 2:57am Apr 26, 2013 2:57am
Quoting fti
ai ya what will happen if cable bottoms here?
Urofly, off course:-). Regards
  • #40,090
  • Apr 26, 2013 3:06am Apr 26, 2013 3:06am
Quoting Fana
{quote} Urofly, off course:-). Regards
ya rigid mind.
use brain think strategy instead.
I not want opinions, is like the ass, everyone has one and it stinks.

Why i asked question?
You market maker?

regards
  • #40,091
  • Apr 26, 2013 3:08am Apr 26, 2013 3:08am
Quoting fti
{quote} ya rigid mind. use brain think strategy instead. I not want opinions, is like the ass, everyone has one and it stinks. Why i asked question? You market maker? regards
Yes, i dont predict... apologize...
  • #40,092
  • Apr 26, 2013 3:09am Apr 26, 2013 3:09am
Quoting Fana
{quote} Yes, i dont predict... apologize...
you did,
i trying tell you, already few years hor.

you want gamble or you want plan strategy.
Feel the flow and scout it out.
  • #40,093
  • Apr 26, 2013 3:25am Apr 26, 2013 3:25am
did cable bottom out?

whats happening to aud?
where euro aud?

what just happened in gold market?

what euro crosses doing?
why euro usd not following?
if euro usd follows what should you see?
  • #40,094
  • Apr 26, 2013 3:52am Apr 26, 2013 3:52am
what is causing euro drop?

what is cable doing?
what is euro cable doing?
  • #40,095
  • Apr 26, 2013 4:09am Apr 26, 2013 4:09am
Quoting fti
what is causing euro drop? what is cable doing? what is euro cable doing?
Hi fti, I have to say that most of my work each day is developing and then managing my trading strategy, so when things happen that cause me to step back and scratch my head, it is noted with great caution. Case in point, I am still cautious this morning after the euro fall yesterday, as I am still trying to figure what is going on. When things seem clear in my little pea brain, I trade my strategy, but when they don't, I go hide my money and wait -- lol. Your questions underscore my unease this morning, so time for a second cup of coffee and a snack.
  • #40,096
  • Apr 26, 2013 4:10am Apr 26, 2013 4:10am
Quoting fti
what is causing euro drop? what is cable doing? what is euro cable doing?
Yes, i see, today i am squared... I cat trade, too reckless to continue. Clearly Fti, direction of Eur should be down, i see that. Happy weekend, i need rest. Regards and thank you for the lesson.
  • #40,097
  • Apr 26, 2013 4:27am Apr 26, 2013 4:27am
Quoting fti
http://www.youtube.com/watch?v=udEZ_JjNz4E http://www.youtube.com/watch?v=8u1DdbNC7DM http://www.youtube.com/watch?v=LVQYTWXWVgg

Oh Fti

EVA CASSIDY



BB King was in a recording studio in New York and enquired who was the dynamic young African/American singing next door as he wanted to jam with her...NO white chick could sing like that...enter.. Eva Cassidy...

PURE CLASS
  • #40,098
  • Edited 4:54am Apr 26, 2013 4:30am | Edited 4:54am
Quoting GEfx
{quote} Hi fti, I have to say that most of my work each day is developing and then managing my trading strategy, so when things happen that cause me to step back and scratch my head, it is noted with great caution. Case in point, I am still cautious this morning after the euro fall yesterday, as I am still trying to figure what is going on. When things seem clear in my little pea brain, I trade my strategy, but when they don't, I go hide my money and wait -- lol. Your questions underscore my unease this morning, so time for a second cup of coffee...
The usd unemployment figs are clear.
the usd is stronger.
but have manipulators caught long. remember they pushing north , need use size do that.
i not believe they can get out on the drop
so they will struggle to try find some suckers take their longs.
only way is to either use muscle muscle it up to duck shops.
or keep making supports to defend their book.
They probably trying to stall for time util GDP figs tonight hoping for chance.
If fig comes good usd again, they big hole.
This what get for manipulation.
But they big boy, so no problem use the muscles.
otherwise make all deposits lost 60% again?

try not to think.
already you analysed.
just look for reasons execute. Keep watching their range volatility for clues.
watch also your position cost
if all took profit already keep eyes sharpe and send scouts fig things out.
scouts expendable.

or can relax in lazy chair wait gdp figs. or if peed suared then take gf out for a spin lor.
but of course if you sick like me, then watching old clips is fun. take a stroll down memory lane.

Inserted Video


regards
  • #40,099
  • Apr 26, 2013 4:57am Apr 26, 2013 4:57am
Quoting fti
http://www.youtube.com/watch?v=ZGwDYBWEDSc http://www.youtube.com/watch?v=j17imV_7RN4 http://www.youtube.com/watch?v=Iir4SjlLXi0

Making an old pearler home sick... my daughters song...

Attached Image


Inserted Video
  • #40,100
  • Edited 5:15am Apr 26, 2013 5:03am | Edited 5:15am
Quoting liqidone
{quote} Making an old pearler home sick... my daughters song... {image} http://youtu.be/N0Ha7l5kFXo
decided spray grafitti in her room?
spray one great white. what tamed her mom may work on her too?
just jesting.

wow balanced traction turntable. WOW.


regards
9 traders viewing now