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Technical Analysis Fallacy

  • #42,661
  • Sep 3, 2013 10:55am Sep 3, 2013 10:55am
Quoting Redsunfx
{quote} Market i don't know but EURUSD is not ranging .... the bears got the ball ... we are clearly in Sell bounce mode ....each bull counter attack failed , each time we make a new low ... so not ranging for me {image}

You know what best for you !
All depends on your scope to cope with
and your window
One see something other see something else
who is right ? i think both as long as they know what they do.
so have a good trading
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #42,662
  • Sep 3, 2013 10:57am Sep 3, 2013 10:57am
Quoting Redsunfx
{quote} Market i don't know but EURUSD is not ranging .... the bears got the ball ... we are clearly in Sell bounce mode ....each bull counter attack failed , each time we make a new low ... so not ranging for me {image}

Empty Your Cup



n. aster pourhttp://users.rider.edu/%7Esuler/zens...aphics/cup.gifed the "









One of my favorite stories concerns a Buddhist scholar and a Zen Master. The scholar had an extensive background in Buddhist Studies and was an expert on the Nirvana Sutra. He came to study with the master and after making the customary bows, asked her to teach him Zen. Then, he began to talk about his extensive doctrinal background and rambled on and on about the many sutras he had studied.
The master listened patiently and then began to make tea. When it was ready, she poured the tea into the scholar's cup until it began to overflow and run all over the floor. The scholar saw what was happening and shouted, "Stop, stop! The cup is full; you can't get anymore in."
The master stopped pouring and said: "You are like this cup; you are full of ideas about Buddha's Way. You come and ask for teaching, but your cup is full; I can't put anything in. Before I can teach you, you'll have to empty your cup."


V

May be we need to empty the cup??:?
  • #42,663
  • Edited 11:33am Sep 3, 2013 11:07am | Edited 11:33am
Quoting Redsunfx
{quote} Market i don't know but EURUSD is not ranging .... the bears got the ball ... we are clearly in Sell bounce mode ....each bull counter attack failed , each time we make a new low ... so not ranging for me {image}
is very difficult la.
i feel you come from different school.

we useing same terminolpgy, but its means different things.
you said market you not know.
if you trading euro$ then market is euros.
then you add but.
and yo u sy markets not ranging.
problem is market ranging or not is relative to your time frame.
yo didn't state , so i give you benefit of the doubt.
then you say sell bounce.
now thats mean you want trade against flow.
so is contrarian.
but i not understand exactly what you saying.
if you say you want sell bounce weakness i can understand
but if you selling bounce is not wrong, but if flow is big up, you very dead.
thats all.
sometime positions can become contrarian to flow, normally is when trader have bias, or have lots foreign cap to burn.
you have rigid ways look at things or you trying communicate to me, i not sure.
but i keep getting confused reads of your mind because you using same terms but meaning different things from what i understand.

so how 1 chicken going to talk to a duck leh.
vic ask you a very straight question.
he trying to understand your use of word trend.
is it in the market flow context or in if price is down means is down trend.
for wht you discribing of your read, the markets no follow thru, so no trend is in play.
but find difficulty stand up, so is seems on the soft side.
if you talking about daily in a down trend, is correct. look at the charts, is tail end of the drops already. trying congest firm up.

is also very funny you chose non event day for talking trend.
how find trends in non events day?
only bias.
but if trend comes , she comes otherwise we keep probing. you using linear charts so your time fames may be very compressed.
I don't feel you are wrong, but you seems talking to peeps of different school.

the difference is you are nice and trying to communicate for understanding , but you trained in different disciplines.
here we no trade contrarian.

regards

if you trained in market making, then is not wrong trade contrarian.
because need make prices for people trade you.
but market makers have spread edge.
if you retail trader how you ever going get spread edge.
moreover if you market making you need have very very large pot absorb punches.
i cannot envisualise how you can survive trade contrarian as a retail trader.

if you are big time market maker , then you in very wrong crowd.

I already detected from your earlier chart. you contrarian mindset.
market makers mindset. but like i said you not have spread edge.
so when markets ranging you make ok pips.
when markets runs you die.
so <> 70% of the time you ok.
1 big run if you not nimble you burn book.
is not question wether it will happen.
is question when it will happen.
  • #42,664
  • Sep 3, 2013 3:02pm Sep 3, 2013 3:02pm
Hi All

sorry to all of you ... i will stay on the sideline of the thread , will not ask anymore questions it seems that i got it all wrong .. you are right ... i just spend the few hours to read all my notes from the thread and i should admit , i'm not able to explain clearly how you define trend and on which TF you are really looking at ...

so i will stay a silent follower , you can call me the donkey of the thread i deserve it ...

cheers

redsun
  • #42,665
  • Sep 3, 2013 5:28pm Sep 3, 2013 5:28pm
Quoting fti
{quote} buy it lor. text book also refuse buy? regards
OK, will look into it.
  • #42,666
  • Edited 10:56pm Sep 3, 2013 9:58pm | Edited 10:56pm
Quoting fti
{quote} better bird in pocket than on tree mostly. esp naughty birds. nevermind, another day another battle. live to fight another day. Don't leave bird on tree too long, is very stormy weathers. only if you babysitting or is overnighters. regards

booked a good amount of loss...will fight another day....rest of week off actually now no trading for next month as moving to other part of country ....and my trading setup will be around oct end now...so nothing just re read this thread again....


"ooh dariya de paniyan eh mauja phir nahi aaniyan"

V
  • #42,667
  • Sep 3, 2013 10:27pm Sep 3, 2013 10:27pm
Quoting Zoran
{quote} OK, will look into it.

ai yo , my dear friend,
wonder why, is 3rd time posting it.

Inserted Video


regards
  • #42,668
  • Sep 3, 2013 10:33pm Sep 3, 2013 10:33pm
Quoting Redsunfx
Hi All sorry to all of you ... i will stay on the sideline of the thread , will not ask anymore questions it seems that i got it all wrong .. you are right ... i just spend the few hours to read all my notes from the thread and i should admit , i'm not able to explain clearly how you define trend and on which TF you are really looking at ... so i will stay a silent follower , you can call me the donkey of the thread i deserve it ... cheers redsun
no one is asking for apologies.
no one is saying you cannot speak.
no one is calling you a donkey.

Just asking you read the thread carefully and try to understand.
Just telling you that what you practising may be hazzadous to your trading survival.

Maybe I not understand you correctly.
i pray you do.

regards
  • #42,669
  • Edited 11:14pm Sep 3, 2013 11:03pm | Edited 11:14pm
Quoting indianguyinny24
{quote} booked a good amount of loss...will fight another day....rest of week off actually now no trading for next month as moving to other part of country ....and my trading setup will be around oct end now...so nothing just re read this thread again.... "ooh dariya de paniyan eh mauja phir nahi aaniyan" V
noted.
Bon voyage. 一路順風

regards

pls advice what means "ooh dariya de paniyan eh mauja phir nahi aaniyan"
translated as Wall-E maca Phir Nahin tariya uh bow Onion
  • #42,670
  • Sep 3, 2013 11:25pm Sep 3, 2013 11:25pm
please pray.

http://www.jma.go.jp/en/quake/
  • #42,671
  • Sep 3, 2013 11:29pm Sep 3, 2013 11:29pm
careful on NZ$, milk problems again.


regards
  • #42,672
  • Sep 3, 2013 11:37pm Sep 3, 2013 11:37pm
Quoting fti
{quote} noted. Bon voyage. 一路順風 regards pls advice what means "ooh dariya de paniyan eh mauja phir nahi aaniyan" translated as Wall-E maca Phir Nahin tariya uh bow Onion
It means....

"ooh dairye de paniya "

OOh the moving water of River.....

"eh mauja phir nahi aaniyan"

This enjoyment will never come again....


kinda like the time moves ...water moves...everything moves...whats is getting left now wont be same even when u come back....


"ooh dariya de paniyan eh mauja phir nahi aaniyan"

Quoting fti
please pray. http://www.jma.go.jp/en/quake/
in prayers....

PS: anyone in miami keywest i might be there next week....
  • #42,673
  • Sep 3, 2013 11:39pm Sep 3, 2013 11:39pm
Quoting indianguyinny24
{quote} It means.... "ooh dairye de paniya " OOh the moving water of River..... "eh mauja phir nahi aaniyan" This enjoyment will never come again.... kinda like the time moves ...water moves...everything moves...whats is getting left now wont be same even when u come back.... "ooh dariya de paniyan eh mauja phir nahi aaniyan" {quote} in prayers.... PS: anyone in miami keywest i might be there next week....
yes, is true.

thanks my friend,
safe travels.

regards
  • #42,674
  • Edited 11:53pm Sep 3, 2013 11:42pm | Edited 11:53pm
Quoting fti
{quote} yes, is true. thanks my friend, safe travels. regards

thanks sir,

very emotional right now....good enough wife is sleeping so kinda wet eyes...ANYHOW LIFE MOVES ON....


chief suggest some good book except bible .....
V
  • #42,675
  • Edited Sep 4, 2013 12:24am Sep 3, 2013 11:59pm | Edited Sep 4, 2013 12:24am
Quoting indianguyinny24
{quote} thanks sir, very emotional right now....good enough wife is sleeping so kinda wet eyes...ANYHOW LIFE MOVES ON.... chief suggest some good book except bible ..... V
all learning is good , my friend.

watch or read 3 kingdoms, much lessons there.
you may also come to realisation that the chinese of ancient , we God worshippers.
But name is ,天 heaven. and we love and respect or ancestors, 地 earth.
The alter to heaven still stands today, in the forbidden city.
But since hwang ti burnt all the chinese historical archieves. Mostly our bible is now lost, worships money.
But of course not every chinese is same, same as every one else. There the good, bad and ugly as well.
if you can see beyond the razzle dazzle in the movie, you see AOW in action.


regards


and the chinese , these days getting very sweet. no?

http://www.bloomberg.com/news/2013-0...s-spreads.html
  • #42,676
  • Sep 4, 2013 12:40am Sep 4, 2013 12:40am
Quoting fti
{quote} all learning is good , my friend. watch or read 3 kingdoms, much lessons there. you may also come to realisation that the chinese of ancient , we God worshippers. But name is ,天 heaven. and we love and respect or ancestors, 地 earth. The alter to heaven still stands today, in the forbidden city. But since hwang ti burnt all the chinese historical archieves. Mostly our bible is now lost, worships money. But of course not every chinese is same, same as every one else. There the good, bad and ugly as well. if you can see...

i think i will read 3 kingdoms....

watching a movie is some one else intepretation of something u might not like or get when ur read urself...

V...
  • #42,677
  • Sep 4, 2013 12:42am Sep 4, 2013 12:42am
Quoting fti
{quote} all learning is good , my friend. watch or read 3 kingdoms, much lessons there. you may also come to realisation that the chinese of ancient , we God worshippers. But name is ,天 heaven. and we love and respect or ancestors, 地 earth. The alter to heaven still stands today, in the forbidden city. But since hwang ti burnt all the chinese historical archieves. Mostly our bible is now lost, worships money. But of course not every chinese is same, same as every one else. There the good, bad and ugly as well. if you can see...

around NYC they are all lean ???
  • #42,678
  • Edited 2:21am Sep 4, 2013 1:15am | Edited 2:21am
Quoting indianguyinny24
{quote} around NYC they are all lean ???
learned is good.

thats where man's conciousness came from. Everything is by design.

If we no shave , no cut hair , no cut nails for say 10 years.
we would realise that humans are the ugliest of all God's creations.
even will be so in our own eyes. let alone the animals that surrounds us.
This because of we sinned.

Because we are so ugly. man has learned design things around themselves, starting with self.
learned shave , cut nails, cut hair and grooming so as look presentable.
And is with all things that mankind has learned. ability design.

so we never see the real ourselves. without the grooming and the clothings/gadgets we invent.

and since then ...............

unfortunately we unable groom that which lives inside us.
every piece of creation can live without the grooming, except us.
try take a look at self thru all the eyes that surround us.

learned is good. we never gets to see the truth.
we had improved.

regards
  • #42,679
  • Sep 4, 2013 1:54am Sep 4, 2013 1:54am
Hi Vic


Wishing you well with your move and job, may you be happy and find many good friends in your new home .

Regards


Phil.
-be careful about what you allow to be put in your mind-
  • #42,680
  • Edited 2:47am Sep 4, 2013 2:36am | Edited 2:47am
1 Samuel 16:7

Ephesians 6:11

1 John 4.4
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