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Technical Analysis Fallacy
- #42,063
- Aug 14, 2013 10:21pm Aug 14, 2013 10:21pm
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
{quote} yep, it's tickle me bit too.he is like adolescent, no?
launguage difference? maybe?
- #42,065
- Aug 14, 2013 10:24pm Aug 14, 2013 10:24pm
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
{quote} learning curve my dear tub. we wait he learn read thread first. I still trying understand why he needs steal when is given him.maybe he jesting. No worry, laughter still best medicine. one day. oh ask him no forget bring 1 apple to class for teacher. school fees. regards
1 apple? Mighty cheap class fees. I'll hand deliver a bushel when i can.
- #42,067
- Edited 10:46pm Aug 14, 2013 10:35pm | Edited 10:46pm
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Grabbed a few pips in asia and decided to play on my simulator. This shows what Fti means about staying with your original direction. I think.... Feel free to correct me if Im wrong my friend. This is all shorts against the trend in just over 1 hour of trading. Using a $1 scout. never went over 5th level {image}
today is a given , was building for this since ec 0.8535just didn't know how will pan out. so in both.
was good swift wild run.
was lucky.
now best i get a nap.
lets see if lightling strikes again later.
i thought was going out run my stamina.
regards
- #42,068
- Aug 14, 2013 10:53pm Aug 14, 2013 10:53pm
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
{quote}
All play money.
just wanted to point out that this works. No questions asked.
Seems many want to question lately.
Nobody needs see my blotter.
Sleep well.
Bed time for me as well.
- #42,069
- Aug 14, 2013 11:17pm Aug 14, 2013 11:17pm
- | Joined Jul 2007 | Status: Trader | 2,994 Posts
{quote}
Chief,
found a song in y head all day
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Hi FTI, I read through the book you introduce to us John Hill - Scientific Interpretation Of Barcharts, there are quite frequents come out with the word ' Spread ' and "Range ' that make me confuse all the time . I have go through investopedia what they telling is
Definition of 'Spread'
1. The difference between the bid and the ask price of a security or asset.
2. An options position established by purchasing one option and selling another option of the same class but of a different series.
Investopedia explains 'Spread'
1. The spread for an asset is influenced by a number of factors:
a) Supply or "float" (the total number of shares outstanding that are available to trade)
b) Demand or interest in a stock
c) Total trading activity of the stock
2. For a stock option, the spread would be the difference between the strike price and the market value.
What I understand about " Spread ' is the The difference between the bid and the ask price of a security or asset. and the " Range " is the from the High and Low of the bar. Am I right ?
Sorry for my poor english !
Definition of 'Spread'
1. The difference between the bid and the ask price of a security or asset.
2. An options position established by purchasing one option and selling another option of the same class but of a different series.
Investopedia explains 'Spread'
1. The spread for an asset is influenced by a number of factors:
a) Supply or "float" (the total number of shares outstanding that are available to trade)
b) Demand or interest in a stock
c) Total trading activity of the stock
2. For a stock option, the spread would be the difference between the strike price and the market value.
What I understand about " Spread ' is the The difference between the bid and the ask price of a security or asset. and the " Range " is the from the High and Low of the bar. Am I right ?
Sorry for my poor english !
- #42,071
- Aug 15, 2013 12:42am Aug 15, 2013 12:42am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
back.oh have some time before euro zone,
i wait. not want mind get bias with any thing.
just relax and observe.
- #42,072
- Aug 15, 2013 12:46am Aug 15, 2013 12:46am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Grabbed a few pips in asia and decided to play on my simulator. This shows what Fti means about staying with your original direction. I think.... Feel free to correct me if Im wrong my friend. This is all shorts against the trend in just over 1 hour of trading. Using a $1 scout. never went over 5th level {image}
can get dangerous.
becareful things gets rigid, parameter not insync, anything can happen.I should think you experimenting, been there done that, Just be very careful, my friend.
regards
- #42,074
- Aug 15, 2013 2:59am Aug 15, 2013 2:59am
- | Joined Sep 2009 | Status: Trader | 1,227 Posts
{quote} ai ya seems you playing robots? can get dangerous.
It just replays the tick data from the brokers feed and lets you trade it.
I do that sometimes to keep me out of the real market when I am done.
Didn't take all shorts on purpose. Just noticed after and posted.
I may be experimenting without knowing it really though.
Thanks for bringing it up.
Back to bed for me now.
cats made me get up to let them out.
- #42,075
- Edited 3:55am Aug 15, 2013 3:40am | Edited 3:55am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
Hi FTI, I read through the book you introduce to us John Hill - Scientific Interpretation Of Barcharts, there are quite frequents come out with the word ' Spread ' and "Range ' that make me confuse all the time . I have go through investopedia what they telling is Definition of 'Spread' 1. The difference between the bid and the ask price of a security or asset. 2. An options position established by purchasing one option and selling another option of the same class but of a different series. Investopedia explains 'Spread' 1. The spread for an asset...
1. the spread in forex market is the difference between the bid and offer.
2. in otc options purchasing a strike and selling another is known as a straddle.
if both is selling of opts is known as strangle.
1a. in general means liquidity.
1b. in forex is best reference to aggression(urgency) of dd/ss.
1c. in fx we call volatility aka true range.
2. in forex mostly straddles and strangles are read in delta terms. either positive delta , neutral or negative as a composite position.
you are not wrong.
spread is the difference between the bid /offer
position spread as i mention is termed in delta.
In so far as range is concerned on charts that you use should be your bar tenure.
But there is many type ranges.
bar range.( hourly , sectorial, daily etc)
leg range.( continueous directional impulse)
true range.(normally is daily)
average true range.( depends on your designed parameter) daily ave, weekly ave or monthly averages. W welders well known optimised is 14.
there is 1 more you should be aware of , which so far no one charts.
is known as basis or basis range. it is the price spread
in fx between the different quoting parties in spot interbank.
In CFD forex, aka retail forex, so far no one i know of had charted. The spread between retail broking and interbank spot.
In futures derivatives is between spot cash for physicals and the futures contracts+ cost of carry (storage , transportation etc)
regards
oh forgot 1 more
basis range on seasonal tendencies, mostly the commodities futures peeps does this.
also the equities (stock)peeps, they have basis charts between many related catagorys, in transports for example they chart shipping against freight. and indexes.
- #42,076
- Edited 3:57am Aug 15, 2013 3:46am | Edited 3:57am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
{quote} Haha. I guess? It just replays the tick data from the brokers feed and lets you trade it. I do that sometimes to keep me out of the real market when I am done. Didn't take all shorts on purpose. Just noticed after and posted. I may be experimenting without knowing it really though. Thanks for bringing it up. Back to bed for me now. cats made me get up to let them out.
okwow cooking chicken kicks lid, wave 3.
i pass, missed the header. price for resting.
ec in play again. selling.
regards
- #42,077
- Aug 15, 2013 4:16am Aug 15, 2013 4:16am
- Joined Nov 2007 | Status: Trader | 19,782 Posts
seems everyone very nervous.
they still and eyeballing each other.
patience.
when in doubt , stay out.
dongsky has a better saying.
he prefers to be out wishing he was in a trade , than in wishing he was out.
hasn't seen him for sometime.
euro flirting the tops, cable many bull, and ec big gaping gap on my chart.
this very unusual behaviour.
very ABnormal.
they still and eyeballing each other.
patience.
when in doubt , stay out.
dongsky has a better saying.
he prefers to be out wishing he was in a trade , than in wishing he was out.
hasn't seen him for sometime.
euro flirting the tops, cable many bull, and ec big gaping gap on my chart.
this very unusual behaviour.
very ABnormal.
- #42,080
- Edited 5:32am Aug 15, 2013 5:15am | Edited 5:32am
- Joined Jul 2011 | Status: an ant working the structure | 3,248 Posts
-be careful about what you allow to be put in your mind-