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Technical Analysis Fallacy

  • #41,141
  • Jun 24, 2013 7:13am Jun 24, 2013 7:13am
Quoting fti
{quote} you will get it if ec cracks 85.15 regards http://www.youtube.com/watch?v=ZDflukjyBMs
chief, spot on! may i ask how did you know that? why couldn't euro and cable both fall at the same time for us to see euro at 1.3090??? in this case, euro fell and cable rose... ec was exactly 85.15 when euro dollar was 1.3090!
  • #41,142
  • Jun 24, 2013 7:17am Jun 24, 2013 7:17am
Quoting WootWoot
Any idea what just happened to the usd/yen? 30 pip burst from 98.00 to 98.30 in 10 seconds (0anda chart) Thankfully was on the right side though
Deputy governor Iwata: BoJ still has policy options, ready to act...

http://www.forexfactory.com/news.php?do=news&id=434095
  • #41,143
  • Jun 24, 2013 7:21am Jun 24, 2013 7:21am
who just drove that benz over the cliff?

ok seems is time kill the cross idiot who's holding up the cable.
i not like cross dressers.
  • #41,144
  • Jun 24, 2013 7:25am Jun 24, 2013 7:25am
Quoting kinky
{quote} chief, spot on! may i ask how did you know that? why couldn't euro and cable both fall at the same time for us to see euro at 1.3090??? in this case, euro fell and cable rose... ec was exactly 85.15 when euro dollar was 1.3090!
let me guess.. the 5M chart on cable was up. last swing high was 1.5372 . so you deduced that if euro were to fall to 1.3090 then ec must be 1.3090 divide by 1.5372 = 0.8515 ! am i correct??

edit: you detected ec activities way earlier
Quote
now they bargaining buy euro cheap thru buying euro cables.
which means they would also sell euro thru euro cables!
  • #41,145
  • Jun 24, 2013 7:41am Jun 24, 2013 7:41am
Quoting fti
who just drove that benz over the cliff? ok seems is time kill the cross idiot who's holding up the cable. i not like cross dressers.
It's me. I am sitting here in a ball gown buying cable by the yard. I'll stop at 54
  • #41,146
  • Jun 24, 2013 7:48am Jun 24, 2013 7:48am
Quoting ukmanthailan
{quote} It's me. I am sitting here in a ball gown buying cable by the yard. I'll stop at 54
good job! u gonna where are you peeing them off?

i am bleeding badly in uj.. feels like cable leading?

nice sweep by those who just got to work
  • #41,147
  • Jun 24, 2013 8:01am Jun 24, 2013 8:01am
Quoting kinky
{quote} good job! u gonna where are you peeing them off? i am bleeding badly in uj.. feels like cable leading? nice sweep by those who just got to work
You didn't buy on that spike did you?
  • #41,148
  • Jun 24, 2013 8:07am Jun 24, 2013 8:07am
Quoting ukmanthailan
{quote} You didn't buy on that spike did you?
nope.. but i had some position hours prior. should have peed some off on that spike.

if 1.54 and 1.3090 cracks... i will add to uj's position.. am i doing this correctly?
  • #41,149
  • Jun 24, 2013 8:10am Jun 24, 2013 8:10am
Quoting kinky
{quote} nope.. but i had some position hours prior. should have peed some off on that spike.
Oh wel,a nice round bottom for you there. Or is a fat lady or something else? Enough for,you to get out anyway.
  • #41,150
  • Jun 24, 2013 8:13am Jun 24, 2013 8:13am
Quoting kinky
{quote} nope.. but i had some position hours prior. should have peed some off on that spike. if 1.54 and 1.3090 cracks... i will add to uj's position.. am i doing this correctly?
I'm the probably the wrong person to ask. I might look for confirmation of a move on the other charts but I wouldn't bank on one pair going in my direction because the other two did.
  • #41,151
  • Jun 24, 2013 8:15am Jun 24, 2013 8:15am
Quoting ukmanthailan
{quote} Oh wel,a nice round bottom for you there. Or is a fat lady or something else? Enough for,you to get out anyway.
haha.. i would love to experience the dealing room. must be an adrenaline pumping place with quirky lingos
  • #41,152
  • Jun 24, 2013 8:18am Jun 24, 2013 8:18am
Quoting kinky
{quote} haha.. i would love to experience the dealing room. must be an adrenaline pumping place with quirky lingos
I worked in the front office for a stockbrokers during the late 80s but it wasn't as brutal as the money markets, or, I'm sure, foreign exchange. It was all pinstripe suits, magnums of Bollinger and public schoolboy antics.
  • #41,153
  • Jun 24, 2013 8:24am Jun 24, 2013 8:24am
Quoting ukmanthailan
{quote} I'm the probably the wrong person to ask. I might look for confirmation of a move on the other charts but I wouldn't bank on one pair going in my direction because the other two did.
good point.. still have to trade what i see on the primary chart. thanks!
  • #41,154
  • Jun 24, 2013 9:01am Jun 24, 2013 9:01am
still holding to uj.. i can feel myself strugglinng with my ego
  • #41,155
  • Jun 24, 2013 9:12am Jun 24, 2013 9:12am
Good book chief, thanks for poiting to us...

http://www.accesstoinsight.org/lib/t...ah/living.html


V
  • #41,156
  • Jun 24, 2013 9:25am Jun 24, 2013 9:25am
Quoting kinky
still holding to uj.. i can feel myself strugglinng with my ego
well this is now your second chance to get out...don't be waiting for a third or fourth! (although maybe it could go back in the other direction...I'm not a fortune teller)
  • #41,157
  • Jun 24, 2013 9:27am Jun 24, 2013 9:27am
Quoting kinky
still holding to uj.. i can feel myself strugglinng with my ego

Loose some battle to win a WAR.....you know what to do...

V
  • #41,158
  • Jun 24, 2013 9:34am Jun 24, 2013 9:34am
ahh.. offloaded some. average now 9773. i can breathe again!
  • #41,159
  • Jun 24, 2013 9:43am Jun 24, 2013 9:43am
Indianguy
Re:Bloomberg

You can set up a Bloomberg Traveler with your user name etc.
Can only use one terminal at a time.
Make sure you get the cheet sheet for your laptop so you can use the F keys
in the right way.
  • #41,160
  • Jun 24, 2013 10:05am Jun 24, 2013 10:05am
Quoting HedgeGuy
Indianguy Re:Bloomberg You can set up a Bloomberg Traveler with your user name etc. Can only use one terminal at a time. Make sure you get the cheet sheet for your laptop so you can use the F keys in the right way.

question is ...is it worth it??

V
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