Technical Analysis Fallacy | Page 2020 | 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

  • #40,381
  • May 6, 2013 8:51am May 6, 2013 8:51am
Hi Fti

Hope all is well.

I have spent most of the weekend in your time machine here...Thankyou.

What a ride...

Inserted Video



fantastic legacy my friend..

Inserted Video
  • #40,382
  • May 6, 2013 9:09am May 6, 2013 9:09am
Quoting fti
{quote} i live in the now only, the future i just try position to follow as prudently as possible, susing alll forms of analysis that effectively benefitting my book.
Thank you Chief

From your every post, every word I learn and more and try to practice them.

Regards,
786
  • #40,383
  • May 6, 2013 6:42pm May 6, 2013 6:42pm
Quoting liqidone
Hi Fti Hope all is well. I have spent most of the weekend in your time machine here...Thankyou. What a ride... http://youtu.be/mJS8j9YYB9w fantastic legacy my friend.. http://youtu.be/JpH6u4skHLk
you are too kind.
i am glad you taking liberty to read the older postings.
i hope it helps open your thoughts open thinking to better trading.

Just to add that all humans nearly the same , it all depends on the experiences and exposures.
We mostly goes thru much same learning curves.
I am lucky to had been in the industry long enough see in depth on some matters. although not exhaustively.
and i hope my telling can help someone along their learning curve.
For me is also a blessing if can leave some trails behind , if my destiny may be near its end.
But is hard to be absolutely sure if its the end of the rope for me.
Await God tell me is all I can do, for now.

regards
  • #40,384
  • May 6, 2013 6:45pm May 6, 2013 6:45pm
Quoting 786 trading
{quote} Thank you Chief From your every post, every word I learn and more and try to practice them. Regards, 786
i am glad see if you can improve to carry the baton, if what you read helps you.
Sorry if i may sound a little hush or cocky sometimes.
Can sometime be due to my crankyness.
Thank You for being friend.

Slowly no rush.

regards
  • #40,385
  • Edited 8:44pm May 6, 2013 7:39pm | Edited 8:44pm
Quoting fti
{quote} you are too kind. i am glad you taking liberty to read the older postings. i hope it helps open your thoughts open thinking to better trading. Just to add that all humans nearly the same , it all depends on the experiences and exposures. We mostly goes thru much same learning curves. I am lucky to had been in the industry long enough see in depth on some matters. although not exhaustively. and i hope my telling can help someone along their learning curve. For me is also a blessing if can leave some trails behind , if my destiny may be...
Like a grain of sand on the beach this life isn't it? Hopefully many many more for you.

My point is that the experience and knowledge you share here will hopefully grow in the ones that not only read but APPLY to their lives,including myself.

There is real substance here, not just about trading...it really is fantastic..

A question, if I may, outside of the manipulation and the onslaught of of an industry that teaches how NOT to trade, what do you see as the most significant change in your MO when trading this market as compared to the 2007/08 market.?

*2.36 GMT chatter of soros short AUD "()"


Regards

John 3.16
  • #40,386
  • May 6, 2013 7:52pm May 6, 2013 7:52pm
Quoting fti
{quote} self torture. if can drop smoking, drop it, will have stronger body. Beer if want 1 beer once a while is ok, is only barley water. limit to 1 just for enjoying. more and you become a slave to it. no need torture, my friend. everything that do, no covert, no want to own it, then what's important to you . It comes to you. is easy natural feeling. If is a tiger , even put in a goat body will still be a tiger, my friend you tested will power, now relax and stay in control. No need even think about it. You think about it...
I had a sleep in the afternoon after 2 beers. When I tried a third bottle in the evening, I no longer felt like it so I poured it away. Threw away the remaining 18 cigarettes in the packet because I didn't feel like smoking either. I think I will take your advice and stop thinking about it. I'm getting into pomelo juice these days, or som-oh as it's called here. Love it, like grapefruit juice without the real bitterness. I'll pick up some tomato juice too next time I'm at the shops. I do feel better when I'm not doing unhealthy things.

Transferring my money to the UK today so i can fund my account by the end of the week hopefully. Have some computer parts on order. I looked at the price of a new machine, or building a new one and decided I really didn't need it. I'm going for a dual monitor set up (with a third running off my laptop) and sticking in a basic discrete graphics card and a better processor. Most importantly, I need a decent UPS. Brownouts and 5-second power cuts are ruining my hard drives.

Back to the markets today. I hope I don't meet you there, whether you are dressed as a goat or a tiger today
  • #40,387
  • Edited 8:26pm May 6, 2013 7:59pm | Edited 8:26pm
Quoting liqidone
{quote} Like a grain of sand on the beach this life isn't it? Hopefully many many more for you. My point is that the experience and knowledge you share here will hopefully grow in the ones that not only read but APPLY to their lives. There is real substance here, not just about trading...it really is fantastic.. A question, if I may, outside of the manipulation and the onslaught of of an industry that teaches how NOT to trade, what do you see as the most significant change in your MO when trading this market as compared to the 2007/08...
they have muscles shade fast so mm need be quiet robust.
if cannot manage then off the leverage until foreign cap builds some cushion.

George in market? noted
but he very retired, you reading him?
need see what his men doing.
I think drunkenmiller not there any more, but i not know who his latest righthand.

anyway there is rates talk on aud today.
keep sharp eyes.


regards
  • #40,388
  • May 6, 2013 8:10pm May 6, 2013 8:10pm
Quoting fti
{quote} they have muscles shade fast so mm need be quiet robust. if cannot mange then off the leverage until foreign builds some cushion. George in market? noted but he very retired, you reading him? need see what his men doing. anyway there is rates talk on aud today. keep sharp eyes. regards
Have a news feed..tradethenews.com just across a while back.

AUD but maybe already in price..bids at 20-40


*Just heard it again (soros) on CNBC....man :-) .. I feel a play coming on...:-) Maybe too much chatter..
  • #40,389
  • May 6, 2013 8:23pm May 6, 2013 8:23pm
Quoting ukmanthailan
{quote}I had a sleep in the afternoon after 2 beers. When I tried a third bottle in the evening, I no longer felt like it so I poured it away. Threw away the remaining 18 cigarettes in the packet because I didn't feel like smoking either. I think I will take your advice and stop thinking about it. I'm getting into pomelo juice these days, or som-oh as it's called here. Love it, like grapefruit juice without the real bitterness. I'll pick up some tomato juice too next time I'm at the shops. I do feel better when I'm not doing unhealthy things. Transferring...
Stay with the healthy habits!

My son and I have started eating fresh fruits and vegetables more, staying away from processed foods and sugar. It's pretty cool how much better and sharper I feel. Starting to no longer crave sugar as well. I guess the fruit, being a natural sugar is taking it's place.

Good luck
Mike
  • #40,390
  • May 6, 2013 8:29pm May 6, 2013 8:29pm
Hey Fti!!!!

Wanted to tell you that my oldest has taken up Tia Chi.
His physical therapy for his elbow pain was doing "nerve glides" because he had an inflamed nerve in his elbow from pitching so much.
He was doing research on ways to do the glides on his own in the event I couldn't be at a game to help him with them.
Thats when he found Tia Chi. He came running out of his room to tell me that most of the movements were "nerve glides" and that he could feel the
same pressure in the same spot when doing them. Said they worked to keep the pain away.

Regards my friend
Mike
  • #40,391
  • May 6, 2013 8:30pm May 6, 2013 8:30pm
Quoting liqidone
{quote} Have a news feed..tradethenews.com just across a while back. AUD but maybe already in price..bids at 20-40 *Just heard it again (soros) on CNBC....man :-) .. I feel a play coming on...:-) Maybe too much chatter..

noted.
keep on the wire and charts.

announcement expected 12:30 PM gmt+8

thats after tokyo lunch.
so may have 1 hour everywhere sweating before the action.


regards
  • #40,392
  • May 6, 2013 8:34pm May 6, 2013 8:34pm
Quoting tubguy
Hey Fti!!!! Wanted to tell you that my oldest has taken up Tia Chi. His physical therapy for his elbow pain was doing "nerve glides" because he had an inflamed nerve in his elbow from pitching so much. He was doing research on ways to do the glides on his own in the event I couldn't be at a game to help him with them. Thats when he found Tia Chi. He came running out of his room to tell me that most of the movements were "nerve glides" and that he could feel the same pressure in the same spot when doing them. Said they worked to keep the pain...
good news. I am glad it helps.
ask him pay much attention to his master. Esp about harness chi and how to move it around the body.
teachers normally very subtle about that subject, is important.

regards
  • #40,393
  • Edited 8:59pm May 6, 2013 8:44pm | Edited 8:59pm
Quoting fti
{quote} noted. keep on the wire and charts. announcement expected 12:30 PM gmt+8 thats after tokyo lunch. so may have 1 hour everywhere sweating before the action. regards
seems the polling results of expectation of aud rates cut, but not too hot.
never know. we wait and see.

regards

and panda getting lots attention.

China takes big step towards fully convertible yuan

http://www.scmp.com/news/article/123...nvertible-yuan

seems nothing solid yet, still on the table.
  • #40,394
  • May 6, 2013 8:47pm May 6, 2013 8:47pm
Quoting fti
{quote} good news. I am glad it helps. ask him pay much attention to his master. Esp about harness chi and how to move it around the body. teachers normally very subtle about that subject, is important. regards
Gotta find a master first. He has just been using online videos so far. May be hard to find a master here.
  • #40,395
  • May 6, 2013 8:50pm May 6, 2013 8:50pm
Quoting tubguy
{quote} Gotta find a master first. He has just been using online videos so far. May be hard to find a master here.
maybe can try late master hwang basic exercises and see if have impact.
is still best understudy from masters. because if basics built wrong is not as productive. Every level builds on the foundation.
some stuff cannot be taught without masters , as is invisible to observers unless they know what they looking for.
moreover posturing cannot be adjusted by practitioner without some one else helping adjust correct misalignments. esp at foundational levels.
Once is correct and practised , becomes memory to body. Depending person to person could take months, just on the stances.


regards
  • #40,396
  • May 6, 2013 8:57pm May 6, 2013 8:57pm
Wondering why they would bring soros name into play...what 'audience' do they think are listening?

Watching for a head fake

top of the hour was tame, 4 gmt Nikei up but hitting 4H res
  • #40,397
  • May 6, 2013 9:01pm May 6, 2013 9:01pm
Quoting liqidone
Wondering why they would bring soros name into play...what 'audience' do they think are listening? Watching for a head fake
He's one of the biggest, if detected in markets, all eyes will be there unless have other sexy suitors.
If is flashed on wires early, will be much trickier. Because they pridicting expectations and if not materalise can swing in very high volatility from expectations.

if you one of the biggest and you actions detected, surely you try be more flexible on timing of actions. maybe even tricky?
generally,peeps knows he not favourable to euro stance, so in line should be south expectations. As markets talking about that on aud rates already for few days.
still need see the rates , unless you like gamble.



regards
  • #40,398
  • May 6, 2013 9:09pm May 6, 2013 9:09pm
Quoting fti
{quote} maybe can try late master hwang basic exercises and see if have impact. is still best understudy from masters. because if basics built wrong is not as productive. Every level builds on the foundation. some stuff cannot be taught without masters , as is invisible to observers unless they know what they looking for. moreover posturing cannot be adjusted by practitioner without some one else helping adjust correct misalignments. esp at foundational levels. Once is correct and practised , becomes memory to body. Depending person to person could...
I'll do some looking around for a real deal master. Don't want any fakers. Wish me luck.
  • #40,399
  • Edited 9:24pm May 6, 2013 9:11pm | Edited 9:24pm
Quoting tubguy
{quote} I'll do some looking around for a real deal master. Don't want any fakers. Wish me luck.
yes.

@ all
helmets on, lock and load.
clear mind and no rushing, feel it, ears and eyes.


regards

on tarmac now,
in few minutes
  • #40,400
  • May 6, 2013 9:15pm May 6, 2013 9:15pm
Quoting fti
{quote} He's one of the biggest, if detected in markets, all eyes will be there unless have other sexy suitors. If is flashed on wires early, will be much trickier. Because they pridicting expectations and if not materalise can swing in very high volatility from expectations. if you one of the biggest and you actions detected, surely you try be more flexible on timing of actions. maybe even tricky? generally,peeps knows he not favourable to euro stance, so in line should be south expectations. As markets talking about that on aud rates already for...
If he has announced his arrival so blatently... is he not there at all, perhaps another battleground all together (kingdom)?
7 traders viewing now