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Technical Analysis Fallacy

  • #42,281
  • Aug 21, 2013 10:52am Aug 21, 2013 10:52am
Quoting indianguyinny24
{quote} Well it's ok it happens btw I reread my post and I sounded more like chief lol v

Hey indianguyinny24 ,
Sounds that you on the right way
First Sounds like chief then trading Like chief

Do not be victim to conflict of the General and Commander in you - by FTI
  • #42,282
  • Aug 21, 2013 11:05am Aug 21, 2013 11:05am
Quoting -Michael-
{quote} Hey indianguyinny24 , Sounds that you on the right way First Sounds like chief then trading Like chief

+1
  • #42,283
  • Aug 21, 2013 11:16am Aug 21, 2013 11:16am
Quoting -Michael-
{quote} Hey indianguyinny24 , Sounds that you on the right way First Sounds like chief then trading Like chief

its a long long way....

btw Michael still loving your post please keep posting...

V
  • #42,284
  • Aug 21, 2013 11:33am Aug 21, 2013 11:33am
Quoting indianguyinny24
{quote} its a long long way.... btw Michael still loving your post please keep posting... V
Thanks Indianguyinny24 ,
So in the mood of trying to be alike our chief (but not carbon copy of him)
Here are few posts about how he is doing it !!!
Link 1 - manage by SnowBalling
Link 2 - Position snowballed
Link 3 - Damage Control
Link 4 - Initial stages

Enjoy
Regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #42,285
  • Aug 21, 2013 11:40am Aug 21, 2013 11:40am
Quoting -Michael-
{quote} Thanks Indianguyinny24 , So in the mood of trying to be alike our chief (but not carbon copy of him) Here are few posts about how he is doing it !!! Link 1 - manage by SnowBalling Link 2 - Position snowballed Link 3 - Damage Control [url=http://www.forexfactory.com/showthread.php?p=1824240#post1824240]Link 4 - Initial...

this line took me some time to understand

The trick is to stay on the front line, and not allowing the market to run too far away from you for effective salvaging the bad . Therefore averaging of cost is the main component in this MO.


V
  • #42,286
  • Aug 21, 2013 12:09pm Aug 21, 2013 12:09pm
Quoting OfWolfAndMan
{quote} Noise cancellation is possible (to an extent) but the problem you're experiencing needs medical care IMO, Blood pressure might be the villain. I found this article though, it seems there exists a device like the one you're looking for http://spectrum.ieee.org/biomedical/...ng-in-the-ears

buddy any idea about this device...

http://www.deqx.com/product-hdp4-overview.php

V
  • #42,287
  • Aug 21, 2013 12:10pm Aug 21, 2013 12:10pm
Quoting indianguyinny24
{quote} this line took me some time to understand The trick is to stay on the front line, and not allowing the market to run too far away from you for effective salvaging the bad . Therefore averaging of cost is the main component in this MO. V

Yes i know what you mean.
But in order to be close to market you have to snowball with size.
The problem you have to be absolutely sure that the market pulls back or reverses. We cant ever be absolutely sure
so we have to plan withdraw or snowball more if the price still go against us.
Growing size growing risk
But as chief said "Spiral for rescue uses big money to save bad positions, therefore do not overstay"
Do not be victim to conflict of the General and Commander in you - by FTI
  • #42,288
  • Aug 21, 2013 12:13pm Aug 21, 2013 12:13pm
Quoting -Michael-
{quote} Yes i know what you mean. But in order to be close to market you have to snowball with size. The problem you have to be absolutely sure that the market pulls back or reverses. We cant ever be absolutely sure so we have to plan withdraw or snowball more if the price still go against us. Growing size growing risk But as chief said "Spiral for rescue uses big money to save bad positions, therefore do not overstay"

  1. Standing on the defensive indicates insufficient strength; attacking, a superabundance of strength.
  2. The quality of decision is like the well-timed swoop of a falcon which enables it to strike and destroy its victim.
  3. Knowing the place and the time of the coming battle, we may concentrate from the greatest distances in order to fight.

  • #42,289
  • Aug 21, 2013 12:20pm Aug 21, 2013 12:20pm
Quoting indianguyinny24
{quote} Standing on the defensive indicates insufficient strength; attacking, a superabundance of strength. The quality of decision is like the well-timed swoop of a falcon which enables it to strike and destroy its victim. Knowing the place and the time of the coming battle, we may concentrate from the greatest distances in order to fight.
Yep AOW at its glory !!!

Thanks for vouch by the way
Do not be victim to conflict of the General and Commander in you - by FTI
  • #42,290
  • Aug 21, 2013 12:27pm Aug 21, 2013 12:27pm
Quoting -Michael-
{quote} Yep AOW at its glory !!! Thanks for vouch by the way

you earned it
  • #42,291
  • Aug 21, 2013 12:37pm Aug 21, 2013 12:37pm
Ok Guys
Before hitting a sack here is something with smile that i found on the net
Attached Image (click to enlarge)
Click to Enlarge Name: Types_of_Trader.gif Size: 34 KB
Attached Image
Do not be victim to conflict of the General and Commander in you - by FTI
  • #42,292
  • Aug 21, 2013 5:26pm Aug 21, 2013 5:26pm
WOW!

Michael and Vic.

Great exchange. I think I need to hang my head and go read again.

Michael. is the ARC Angel. i was named after him too.

If only I could be as good?

Keep the great post coming Michael. Awsome in my book.
  • #42,293
  • Aug 21, 2013 8:29pm Aug 21, 2013 8:29pm
wow, long sleep, very tired.
oh FOMC no killed the usd.
ok lets see how from here.

wow, mike michael and vic are friends. nice.
  • #42,294
  • Aug 21, 2013 8:55pm Aug 21, 2013 8:55pm
Selling Gold/Silver seems like right Short candidate from couple of days POV technically.
  • #42,295
  • Edited Aug 22, 2013 12:46am Aug 21, 2013 11:55pm | Edited Aug 22, 2013 12:46am
Quoting indianguyinny24
{quote} buddy any idea about this device... http://www.deqx.com/product-hdp4-overview.php V
Hi Vic,

Its a room correction & speaker correction device for a specific listener in a listening room. It provides timing & frequency response correction for the loudspeakers.

In my opinion the timing, phase corrections & frequency response corrections are worth it, if their algos perform well in real world.
More about group & phase delay here (wikipedia)

It also offers room correction by adjusting a multi-band parametric equalizer. I don't recommend this because it can color the signal in a bad way. IMO If room needs correction, correct the room with each issues addressed objectively.

I am not saying automatic room correction is bad, one can do that manually with a parametric EQ & tweaking problematic frequencies. A device that uses calibrated systems to adjust them automatically with multiband EQ will perform well for sure. But in an audiophile point of view its just bad, coloring the signal to turn down the annoyances created by the room.

To correct speaker problems, one has limited options, but for the room its not the case. Its possible to minimize all problems a room imposes on a listener. Also one can tweak the room itself to have a specific or variable tone that sounds good to the listener

Edit:
Do you want me to look at any specific part & give a review?

Regards,
OWAM
  • #42,296
  • Edited 2:04am Aug 22, 2013 1:41am | Edited 2:04am
Quoting OfWolfAndMan
{quote} Hi Vic, Its a room correction & speaker correction device for a specific listener in a listening room. It provides timing & frequency response correction for the loudspeakers. In my opinion the timing, phase corrections & frequency response corrections are worth it, if their algos perform well in real world. More about group & phase delay here (wikipedia) It also offers room correction by adjusting a multi-band parametric equalizer. I don't recommend this because it can...
very clever sound engineer.
yes, i always wondered how algos can do sound correction withour recieving any feed back of the sounds from room.
Unless it grew ears is going be hard correct anything, high probability gets more distort and colouration, some eq can mask very well.
eye shadow and mascarra anyone?
It can draw you whatever you fancy. even enhance charts, if one so wish. shows you what you fancy instead of what it is.

everyone wants get it just right, even those who already got it right.
problem is everytime i get it right, my ear re-adjust. must be my ears wrong? I cannot be wrong.

the last time i embarked on that journey was many moons back.
I changed a big name interconnect, initially sounded too pitch, but after a while was begining enjoy it.
then went to sleep. Next day i switch on the system , thought to myself , wtf(fish) , are you mad?. Hey is big name stuff hor. Just system mismatched thats all.
mostly i like hear & see without makeup, maybe i nuts.

regards
  • #42,297
  • Aug 22, 2013 2:17am Aug 22, 2013 2:17am
Quoting fti
{quote} very clever sound engineer. yes, i always wondered how algos can do sound correction withour recieving any feed back of the sounds from room. Unless it grew ears is going be hard correct anything, high probability gets more distort and colouration, some eq can mask very well. eye shadow and mascarra anyone? It can draw you whatever you fancy. even enhance charts, if one so wish. shows you what you fancy instead of what it is. everyone wants get it just right, even those who already got it right. problem is everytime i get it right,...

The one Vic mentioned has got calibrated microphone to work as its ears & unlike human ears they don't get adjusted with either speakers or rooms. So they can make anechoic measurements with speakers & normal measurements with room. They can do it in real-time when the algo is finding the required setting to minimize all distortions from speaker & room.
  • #42,298
  • Edited 2:37am Aug 22, 2013 2:24am | Edited 2:37am
Quoting OfWolfAndMan
{quote} The one Vic mentioned has got calibrated microphone to work as its ears & unlike human ears they don't get adjusted with either speakers or rooms. So they can make anechoic measurements with speakers & normal measurements with room. They can do it in real-time when the algo is finding the required setting to minimize all distortions from speaker & room.

oh microphone, yes, they come a long way.
My mom's favorite singer sounds like a duck. always pondering , what was the sound tech doing?

I such like hear how it corrects this.

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oh they did it. Ok stone me.

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regards

wow.
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  • #42,299
  • Edited 3:04am Aug 22, 2013 2:46am | Edited 3:04am
but mom still thinks ChowHsuan better.
ai yoi , me.

ai yoi'
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  • #42,300
  • Aug 22, 2013 3:37am Aug 22, 2013 3:37am
Chief, you have a great sense of humor..
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