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Technical Analysis Fallacy

  • #41,261
  • Jun 26, 2013 11:24am Jun 26, 2013 11:24am
Quoting priceaction1
58 traders viewing now, 4 are members!!!!! they want to see chief next move.
i like see mine too.
God willing, will guide. Only if i follow.

come think of it. must be contented no pushing.
is only 1 battle in 1000s.
collected well today.small moves but on the ball. now i just need see if that donkey will stand up.
i prepared some combinations for the entertainment. CAREFULLY.

regards
  • #41,262
  • Jun 26, 2013 11:31am Jun 26, 2013 11:31am
This clip better , not so wet.

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  • #41,263
  • Jun 26, 2013 11:46am Jun 26, 2013 11:46am
something at 97.54.

regards

nothing at 97.54
  • #41,264
  • Edited 12:11pm Jun 26, 2013 11:54am | Edited 12:11pm
Quoting cuthbert
something at 97.54. regards nothing at 97.54
oh just my shadow?
trying capture it?

still waiting for the bosses.
at least they know what they doing. I don't.
can only follow, they made very clear already.
moreover they have lots ammo than me.
There many bandits in markets. even some knows fibonacci? Need lots ammo.
Already made very clear, they have the ammo and they will do what ever necessary, whip out the bandits.
i just ant walking about with my bucket collect carcasses for pocket.
and just hoping i not kick the bucket in process.

even have peeps with very big mouths.
every meter says they failed.
yet they insist they correct. Lets see. Jobstreet may be flooded with all the intelligence soon.
probably korn ferry knows better.


regards
  • #41,265
  • Jun 26, 2013 12:12pm Jun 26, 2013 12:12pm
Quoting fti
{quote} oh just my shadow? trying capture it? still waiting for the bosses. at least they know what they doing. I don't. can only follow, they made very clear already. moreover they have lots ammo than me. There many bandits in markets. Need lots ammo. regards
I only ant with little bucket and a slingshot.
many a times the masteract is done without even shadow being aware. perhaps there no light to
make a shadow then.
may the shadow be able do too.

unloaded

regards
  • #41,266
  • Edited 12:27pm Jun 26, 2013 12:16pm | Edited 12:27pm
Quoting cuthbert
{quote} I only ant with little bucket and a slingshot. many a times the masteract is done without even shadow being aware. perhaps there no light to make a shadow then. may the shadow be able do too. unloaded regards



regards

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  • #41,267
  • Jun 26, 2013 12:36pm Jun 26, 2013 12:36pm
some good movies to watch....


V
  • #41,268
  • Edited 1:52pm Jun 26, 2013 1:31pm | Edited 1:52pm
Quoting indianguyinny24
some good movies to watch.... V
no these not movies.
is happening real life.
only difference is you not see the knifes and blood.
but is on going.
Now is high tech. Dogs mascarading as honour peeps, while honour peeps gets the butt because they not hide and steal.
Those who steals never gets caught, because they make the policies. Who going catch them?
who caught the thieves that stole 60% of bank deposits?
WHO?
You want hear about the peeps that stealing retirement $$$.

do you remember the peeps who defaulted bond principals? who went jail, vic, WHO?
They took peeps moneys shore up system meltdown. Buy some time find the way correct core defects.
whats been done, vic. WHAT?
anything different? way found? things corrected?


regards

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  • #41,269
  • Jun 26, 2013 1:55pm Jun 26, 2013 1:55pm
Hi fti

it is good to see you in high spirits, this battle scene of the few against so many in the film 300 came to mind while reading through your battle just now.

Stay well my friend

Phil.

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-be careful about what you allow to be put in your mind-
  • #41,270
  • Edited 2:10pm Jun 26, 2013 1:59pm | Edited 2:10pm
Quoting phil13
Hi fti it is good to see you in high spirits, this battle scene of the few against so many in the film 300 came to mind while reading through your battle just now. Stay well my friend Phil. http://www.youtube.com/watch?feature...&v=HdNn5TZu6R8
phil
only die once, my friend, until then gotta keep fighting for the right things. against the currupt minds and white collar greeds.
they want take over free markets, sure can, over dead bodies, they will.

regards

talk about kicking the can down the road.

"Bernanke, a former Princeton University professor, also said he didn’t feel personally responsible to lead the Fed when it unwinds its balance sheet."
maybe someone retired should had shot down the helicopter before it took off.?


http://www.bloomberg.com/news/2013-0...re-ending.html
  • #41,271
  • Edited 4:06pm Jun 26, 2013 3:36pm | Edited 4:06pm
Quoting phil13
Hi fti it is good to see you in high spirits, this battle scene of the few against so many in the film 300 came to mind while reading through your battle just now. Stay well my friend Phil. http://www.youtube.com/watch?feature...&v=HdNn5TZu6R8
oh the Battle of Thermopylae. noted.
but 300 against 1 million. maybe they had extraterestial help.
if i remembers correctly. it was the terrain, they won on superior grounds.

i ever fought such war.
1 against thousands ants, i won, had poisoneous insecticides.
They show up just spray em.
I think em insects still hates me until today.

i thought was this the charge of the 300.
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wonder why i only remembers half of the 600


regards
  • #41,272
  • Jun 26, 2013 9:43pm Jun 26, 2013 9:43pm
Hey fti,

I posted this before but I think it got lost in all the other posts...

I know that at all times we should be following the trend. That is number 1 rule. Don't trade against the trend.

I have always taken that to mean we should look to the daily charts and judge from the overall picture where price is going. If it is making higher highs and lower lows then we are in an uptrend. Lower lows and lower highs then we are in a downtrend.

But since the daily is so far removed from 5 min time frame I have been thinking lately you might have meant we should find something on the daily charts with an immediate up or down push/leg and take that as the current direction of price. This in turn makes a nice trend formation on the hourly. And we use the 5 min for entry.

I know nothing is set in stone, but generally overall there must be some pattern to the way you determine current price bias fti. Would love to know more
  • #41,273
  • Jun 26, 2013 11:34pm Jun 26, 2013 11:34pm
The post is not directed at me but I like to share my view and learn. U don't have to always trade with the daily trend. U can trade current trend. If the current trend is counter daily or hourly trend, should I be bet big normal or small? Should I hit n run or should I build a position? Do I know where the Original trend may enforce? How much time do I have before the original trend may enforce? Then if I think it's worth the risk.. Then I try.. if my try is good. And hourly trend is turning to my favor.. then try a bit more.. but make sure im are untouchable.. fti repeated this many times..
  • #41,274
  • Jun 26, 2013 11:56pm Jun 26, 2013 11:56pm
Quoting fti
{quote} no these not movies. is happening real life. only difference is you not see the knifes and blood. but is on going. Now is high tech. Dogs mascarading as honour peeps, while honour peeps gets the butt because they not hide and steal. Those who steals never gets caught, because they make the policies. Who going catch them? who caught the thieves that stole 60% of bank deposits? WHO? You want hear about the peeps that stealing retirement $$$. do you remember the peeps who defaulted bond principals? who went jail, vic, WHO? They took peeps moneys...

I dont know Chief,,,,but i know no one gone to jail..


V
  • #41,275
  • Jun 27, 2013 12:56am Jun 27, 2013 12:56am
Quoting nomadic123
Hey fti, I posted this before but I think it got lost in all the other posts... I know that at all times we should be following the trend. That is number 1 rule. Don't trade against the trend. I have always taken that to mean we should look to the daily charts and judge from the overall picture where price is going. If it is making higher highs and lower lows then we are in an uptrend. Lower lows and lower highs then we are in a downtrend. But since the daily is so far removed from 5 min time frame I have been thinking lately you might have meant...
nonono, your minds not in good state. you talk rigid.

rule 1 is preservation of capital.
rule 2 is preservation of capital.
rule 3 is not to forget rule 1

don't trade against the trend is a process of mindset, is stupid to trade against the trend.
The trend is alive , it can change. Ability adjust to change to terrain helps keep you alive.
Make rules and you die rigid.

regards
  • #41,276
  • Jun 27, 2013 1:01am Jun 27, 2013 1:01am
Quoting indianguyinny24
{quote} I dont know Chief,,,,but i know no one gone to jail.. V
I don't know , vic.
Shouldn't they be?
Isn't stealing a crime?
There is no Laws in world?
Is laws only apply to peeps who cannot afford lawyers?

regards
  • #41,277
  • Jun 27, 2013 1:03am Jun 27, 2013 1:03am
Quoting fti
{quote} I don't know , vic. Shouldn't they be? There is no Laws in world? regards
is a wild west chief.
http://www.reuters.com/article/2013/...95P1EM20130626

regards
  • #41,278
  • Jun 27, 2013 1:11am Jun 27, 2013 1:11am
Quoting cuthbert
{quote} is a wild west chief. http://www.reuters.com/article/2013/...95P1EM20130626 regards

seems he no manage escape after all? but what was his crime?ambition?

regards
  • #41,279
  • Edited 1:27am Jun 27, 2013 1:12am | Edited 1:27am
Quoting fti
{quote} seems he no manage escape after all? regards
ah nobody can.
so, is legitimate do anything if ambitious?

regards
  • #41,280
  • Edited 2:37am Jun 27, 2013 1:35am | Edited 2:37am
talk about skills.

https://www.facebook.com/photo.php?f...type=1&theater

talk about good deeds. How many of you will feed strangers this way? Some not even feed their family this way.

https://www.facebook.com/photo.php?f...type=1&theater

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now, can we talk about your ego?
can we also talk about your kindness and your selfishness?

I pray is not mistake show the compassion and kindness of these peeps.
peeps always wants go nice places destroy it.
some devil goes there use a stick poke and gets mauled , then blame it on the creatures.

you get what you put in, and peeps deserves what they get.

regards

Talk, talk talk.
talk about love, compassion , kindness.
ya ya talk, How do you live?
and we ask WHY? is a given.

Oh by the way, this has nothing do with religion. Just mindset. In every religion, class, creed, colour, country, theres the good, bad and ugly.
A lesson in YOU.
Same as trading. The more you learn the less it becomes.
Is all become YOU.
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