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Technical Analysis Fallacy

  • #43,041
  • Edited 7:51am Sep 23, 2013 7:27am | Edited 7:51am
Quoting priceaction1
happy memories chief , did you compete professionally. if you have a time, can I ask,when two tier 1 institutes have different opinion one any single currency what was the out come.
why do you think we always sparing amongst ourselves?
but we always try not hurt the other. but in world sometimes we do. Nothing personal, To each his own.
Can't tell the other tiger what he must do. Only that , hey i got hit already hor.by hitting his price.
Watch out your own behind.

Mostly we look as what our book looks like. bias not matters. If get hit big, gets hit big,gotta adjust to whats happening.

regards
  • #43,042
  • Sep 23, 2013 7:29am Sep 23, 2013 7:29am
Quoting gabbyfx
{quote} I think becoz of sins, when moses left them, they make another god through an image of an animal.
What is 1st commandment moses received?
What is Jesus 1st commandment of the 2 he gave us?

regards
  • #43,043
  • Sep 23, 2013 8:35am Sep 23, 2013 8:35am
Quoting snowly
{quote} All that move up 1.30 - 1.34 seemed totally bogus. Vol. is too low; everyone seems to lack a direction and there's hardly any room to do anything.
bogus or not, reality is we are there,huh.
400 pips range and you no room maneuover? ya but was very jerky. Thanks to someone.
Just a little not nimble, can get run over by on coming train.

regards
  • #43,044
  • Sep 23, 2013 8:48am Sep 23, 2013 8:48am
hearing any complaints?
one does what one can to the best of one's ability.
above all is God's work.
For now , he has little choice, but its will not be like that forever. Things change.
nothing last forever. only God.

regards
Attached Image
  • #43,045
  • Sep 23, 2013 9:43am Sep 23, 2013 9:43am
fti, what do u think of the current market conditons>?
I think market is unstable , no real direction picked till now.
Although thinking of the thrust that happend in E/U post FOMC as a move to cover shorts , Im still hesitant to short e/u.
it bounces back and forth , especially when the 3 kingdoms are out of sync.

Am I right in this?
Enter Signature
  • #43,046
  • Edited 10:41am Sep 23, 2013 10:01am | Edited 10:41am
Quoting CHFJunkie
fti, what do u think of the current market conditons>? I think market is unstable , no real direction picked till now. Although thinking of the thrust that happend in E/U post FOMC as a move to cover shorts , Im still hesitant to short e/u. it bounces back and forth , especially when the 3 kingdoms are out of sync. Am I right in this?
my thoughts are that many peeps can feel that the usd is very weak already , relative to the price levels that we had since the bubble bang.
but usd policys still directing towards money supply expansion. Question is, can this burst?
If we ground economics on basis of unlimited capital supply, well probably not burst.
But world economics has limitations of resources and values.
if one decouples values from supply or demand, then the only course this can go is in devaluation. As money supply expands and IF productivity and growth of real economy cannot keep up with the expansion. Then devaluation is only possible course of direction.

For now everyone can feel usd is already very weak. Can it get weaker still?
Good Question. Depends.
But for now all thats tied to the usd is going feel pain. I no need tell you whats it done to the other economies, India, and the 3rd world economies. even to 2nd world economy Japan. What impact on now the fastest growing economy China? Depends , if they dump the bonds and diversify the basket of reserves. usd can experience a flood situation. and i not need explain to you what happens when too much money chasing too few goods. So is the relationship and the action counter reaction that will determine how it plays out.

This economic view. Does not tell how we going to trade.
i still need dance markets, only i will be lots unbias, and very sensitive to changing environment and policies.
If you know tiger bites, is clever wear protective gear. No?

For corps that have exposure to that risk as a component of its day to day business. they inherited risk as their buiness.
For peeps who trades and speculates, you create risk. so one must strategise that you not take risk over limit of ability stomach.
And to be profitable , one has to be inline with the developing trend that one can percieve.
This is best practises in all terrains.
sure some one elses may be bigger, faster, taller, longer. but thats them.
You need manage you.

regards

i cannot tell you what you must do be profitable and how respond to the changing conditions.
Best i can do if i have energy, is to highlight stuff that i can see from day to day basis as we journey ahead.
and even that i need be very cautious, because if i have bias , it will sneak in my chats.
So don't even follow me too closely. if i turn you may feel my elbows.
Read thread and become your own leader.
master of your own ship, your own rudder.

if we sail in parallel thats fine. otherwise is still fine.
  • #43,047
  • Sep 23, 2013 10:55am Sep 23, 2013 10:55am
Quoting fti
{quote} my thoughts are that many peeps can feel that the usd is very weak already , relative to the price levels that we had since the bubble bang. but usd policys still directing towards money supply expansion. Question is, can this burst? If we ground economics on basis of unlimited capital supply, well probably not burst. But world economics has limitations of resources and values. if one decouples values from supply or demand, then the only course this can go is in devaluation. As money supply expands and IF productivity and growth of real...

Nice thoughts chief...

V
  • #43,048
  • Sep 23, 2013 11:03am Sep 23, 2013 11:03am
Quoting indianguyinny24
{quote} Nice thoughts chief... V
how's new place, vic?
house warming party yet?

regards
  • #43,049
  • Sep 23, 2013 11:17am Sep 23, 2013 11:17am
Quoting fti
{quote} how's new place, vic? house warming party yet? regards

living in temp housing (company provided) looking for a place when get a place will invite some folks over...well kinda people wants to come to listen to my system....

still settling in the place...

V
  • #43,050
  • Edited 11:38am Sep 23, 2013 11:27am | Edited 11:38am
Quoting indianguyinny24
{quote} living in temp housing (company provided) looking for a place when get a place will invite some folks over...well kinda people wants to come to listen to my system.... still settling in the place... V
noted
try not trade until settle down nicely , my friend.
but as always can have exceptions to the stone.
for now still waiting if sept/oct may be a busy month.

regards

i cannot sleep, guess i watch this again.

http://www.youtube.com/watch?v=_EZvuoIEDjg
  • #43,051
  • Sep 23, 2013 12:02pm Sep 23, 2013 12:02pm
Quoting fti
{quote} noted try not trade until settle down nicely , my friend. but as always can have exceptions to the stone. for now still waiting if sept/oct may be a busy month. regards i cannot sleep, guess i watch this again. http://www.youtube.com/watch?v=_EZvuoIEDjg

not trading but doing some paper trades to keep the bias and flwo in check.....

yea might make some exception ....when the opportunity is too good to leave...

V
  • #43,052
  • Sep 23, 2013 12:18pm Sep 23, 2013 12:18pm
Quoting fti
{quote} noted try not trade until settle down nicely , my friend. but as always can have exceptions to the stone. for now still waiting if sept/oct may be a busy month. regards i cannot sleep, guess i watch this again. http://www.youtube.com/watch?v=_EZvuoIEDjg

FTI you r not Alone
can you tell me what means word above "vitas"
Because if i remember correctly Vitas is a singer with very high falsett voice
he was popular in russia
regards
Michael
Attached Image (click to enlarge)
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Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,053
  • Sep 23, 2013 12:23pm Sep 23, 2013 12:23pm
Quoting -Michael-
{quote} FTI you r not Alone can you tell me what means word above "vitas" Because if i remember correctly Vitas is a singer with very high falsett voice he was popular in russia regards Michael {image}
yes you reading the cast of the movie.
but i not know about vitas.
you're probably right.

The Russian singer Vitas also has a role in this film and helped publicize the film by providing a song titled Beneath the Glory for the film score.


good eye.

regards
  • #43,054
  • Sep 23, 2013 1:04pm Sep 23, 2013 1:04pm
Quoting fti
{quote} yes you reading the cast of the movie. but i not know about vitas. you're probably right. The Russian singer Vitas also has a role in this film and helped publicize the film by providing a song titled Beneath the Glory for the film score. good eye. regards


5/12 ALmost Done
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,055
  • Sep 23, 2013 2:13pm Sep 23, 2013 2:13pm
Quoting -Michael-
{quote} 5/12 ALmost Done
Very Sad End
State before the One
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,056
  • Sep 23, 2013 2:34pm Sep 23, 2013 2:34pm
Quote
400 pips range and you no room maneuover? ya but was very jerky. Thanks to someone.


well, I usually daytrade eur/usd. In a 20-30 pips range session... not much I can do, can I? Plus... 1 pip going in, 1 pip going out, gain 15 pips(as I won't be the lucky one to buy exactly the bottom and sell exactly the top, or viceversa...) and all the time think that my probable daily gain can be wiped in... 20 secs and eventually need 2-3 days to rescue? Yuck, nope, no room to maneuver

Plus - 5% transaction costs? What am I? My broker's atm?

tried to move to u/j, but... I don't know the pair, I sleep during Asia, and I really don't understand the japanese economy. Ok, I sold at 103.2; somehow, I didn't get a medal... And I followed poorly; balked at 98. Trading something that just moved ~30% is somewhat uncomfortable; don't have neither the experience, nor the money for it.
  • #43,057
  • Edited 3:00am Sep 24, 2013 2:03am | Edited 3:00am
Quoting fti
So don't even follow me too closely. if i turn you may feel my elbows. Read thread and become your own leader. master of your own ship, your own rudder. if we sail in parallel thats fine. otherwise is still fine.
Can I follow behind and catch a slipstream? Ride a tailcoat?

I'm feeling good, I just added Three Kingdoms to my collection of books. It was the last copy left in the bookstore... and a sample book at that, a bit worn and tattered.

But it looks like a good read! :nerd:

lots of talk about fundamentals right now! interesting!

question... Are trades taken Only in regards to the 3 kingdoms relationships, or is the 3 kingdoms relationship just used as a reference to see smoke and trades can be taken simply based on a single currency pair's flow?

I'm really really sorry, I'm sure the information is in here somewhere, I'm not too lazy to read, it's just that.. I get really stressed out searching for the information.

I'm thinking the answer is the latter, 3 kingdoms is used to see directional bias, but entry is based on the dance?

Or never mind.. back to training for me. Thanks!
Attached Image (click to enlarge)
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  • #43,058
  • Sep 24, 2013 7:01am Sep 24, 2013 7:01am
Quoting -Michael-
{quote} Very Sad End State before the One
not really.
Its objective before everything else.
Question is, whats the goal?
Whats the objective?
Ambition.

Thats what drives humans.


regards
  • #43,059
  • Sep 24, 2013 7:06am Sep 24, 2013 7:06am
Quoting snowly
{quote} well, I usually daytrade eur/usd. In a 20-30 pips range session... not much I can do, can I? Plus... 1 pip going in, 1 pip going out, gain 15 pips(as I won't be the lucky one to buy exactly the bottom and sell exactly the top, or viceversa...) and all the time think that my probable daily gain can be wiped in... 20 secs and eventually need 2-3 days to rescue? Yuck, nope, no room to maneuver Plus - 5% transaction costs? What am I? My broker's atm? tried to move to u/j, but... I don't know the pair, I sleep during Asia, and I really...
cost of access is a function of all business.
be it wants, needs, ambition......
everything has price to pay.
either pay money or pay with life.

brokers atm?

is what you need pay for service.
everyone works for something.
some for passion , some for money.

remember don't do any business you are unfamiliar with.
you will fall into snares, there's much invisible snares in everything.
everything in life one endevours into, use brain , trust self.

regards
  • #43,060
  • Edited 8:11am Sep 24, 2013 7:09am | Edited 8:11am
Quoting 4tiger
{quote} Can I follow behind and catch a slipstream? Ride a tailcoat? I'm feeling good, I just added Three Kingdoms to my collection of books. It was the last copy left in the bookstore... and a sample book at that, a bit worn and tattered. But it looks like a good read! :nerd: lots of talk about fundamentals right now! interesting! question... Are trades taken Only in regards to the 3 kingdoms relationships, or is the 3 kingdoms relationship just used as a reference to see smoke and trades can be taken simply based on a single currency...

whats the cure for lazy?

nothing can be achieved without toil, blood sweat and tears, my friend.
no passion, no charisma, no ............
no sow, whats there to reap?
nothing planted so nothing to harvest.

ya most depends on God to do all the work, then no honour to give thanks for what received?
even you plant, if God not give sun and rain, insects no polinate, whats to harvest?
sit there look to heaven and wait for all things drop from sky onto laptop?


regard

puzzles me your pic.
if one cannot understand 3 kingdoms how one can understand tao de sutra?
that one is very deep end.
Training to beat confucious?
careful about the confusion.

can understand? Idiot's translation.

"The Tao that can be spoken is not the eternal Tao
The name that can be named is not the eternal name.
The nameless is the origin of Heaven and Earth."

my translate.

the tao that is spoken from mouth is not the tao..........................................................................................................................
invisible words: true tao is spoken from heart and soul.
want try explain feelings? take 1000 years and still not get it right.

name is not eternal , because it subjected to change. Any thing subjected to change is not creator, is creation.

creator is nameless and formless. the begining.
nothing moves, nothing changes.
things that change depends on relativity. therefore it changes.
things that not change depends on nothing. therefore it is eternal.

best i stop otherwise mind overheats.
3 lines from the hundreds and mind breaks down already.
Is not easy talk to soul. Not have enough words explain it.
Is like the body, lifetime study and discoveries of it and still not get 10% of it right.
i always bewilder my dog when he watches me make cup of tea.
there this wierd look on their faces, when i do it.
they always wonders why i do it and then sit relaxed sipping it.: rofl:
when you can explain God to me, then you can try explain making tea to my dogs.
but you will need section it all out in chapters explain to them.
the material aspects, the emotional aspects, its functions and it cause and effects. many chapters.
and still they not understands.: rofl:
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