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Technical Analysis Fallacy

  • #43,161
  • Edited 6:05am Sep 27, 2013 5:45am | Edited 6:05am
Quoting CHFJunkie
Guys had anyone saved the entire thread? Printable version 40 posts? If you did, pls share it. I already saved 200 pages and still 900 pages to go.
why?
what the point? you not google or nsa, just read use and develop.
this discussion thread. if i not die or if some one takes over after i do.
then thread could go 100,000 pages. Things already got repeated multiple times. certain subjects had been rehashed an rehashed.

most important is what you get to use for your benefit out of the discussion on the thread.
in the digital world nothing last, after some time its gone.
in world this is mostly true. even if it was written in stone, it will not be preserved.
The only reason i know my 5 th generations back grandfather's name in Foochow is because dad told me.
my sons they not know, i didn't tell them. Even no one keeps the family book(家門) anymore.
Even in china , many families not know their linage, some even not know who their father.
reminds me, there is this movement called the minimalist lifetyle. They live have their orgasms and disappears into the earth after their time.
Mostly everything becomes legends and folk tales. and peeps add salt and pepper to it as they wish.

But what you manage learn and internalise for performance, that you keep and carry with you.


regards
  • #43,162
  • Sep 27, 2013 6:33am Sep 27, 2013 6:33am
Quoting fti
{quote} mostly true. but if one have friendlys but different colours that will not send you sidewinder gifts while all are flying then you fly a little safer. sometimes lone colours may like join your squadron. If then you have to fly in formations. the flip side in large squardons is that any one flying in formations if not discipline can cause midair collision and destroy the synergy. Also if squadron is too big can make for easy targets. With friendlys, even when you crash, someone can send help when needed, if you manage eject. regards http://www.youtube.com/watch?v=79KYNpwo0Yw...
ah yah you are fighter in true sense.
don't predict direction, but dance with flow of water
  • #43,163
  • Edited 7:40am Sep 27, 2013 7:22am | Edited 7:40am
may I ask some thing!!!!
1 difference between intra bank trading and order fallow. I means bank/institute received a order from client, during that order filling process, bank can't use leverage, but the client dad he is not using leverage too or he may leveraged????? or mostly which type of trader put order in market leveraged or not leveraged?

2,what my understanding is bank did not use leverage to for trading, but there client do.
so there are areas where leveraged client have maximum pain either they put system stop loss or have a stop loss range in mind.!!!
now both short and long are present in market. if we are in up trend there is short seller Mix pain point the teir1 banks/institute knows that area so when this area sweep out in little time, than some pattern are emerge like in this case evening star, island reversal or what so ever you call it.
3, forex trading is totally different from stock trading, one have to study Forex charts as it own not related to stocks. did we have any study regarding difference between forex and stock trading and diffrent meaning of charts.

best regards.
don't predict direction, but dance with flow of water
  • #43,164
  • Edited 7:58am Sep 27, 2013 7:39am | Edited 7:58am
Quoting priceaction1
may I ask some thing!!!! 1 difference between intra bank trading and order fallow. I means bank/institute received a order from client, during that order filling process, bank can't use leverage, but the client dad he is not using leverage too or he may leveraged????? or mostly which type of trader put order in market leveraged or not leveraged? 2,what my understanding is bank did not use leverage to for trading, but there client do. so there are areas where leveraged client have maximum pain either they put system stop loss or have a stop loss...
1. basically banks keep multiple currencies in their own portfolio or in nostros. So at any given time all banks have a basket of curriencies in their accounts.
mostly these are cash positions, if there any leveraging is done at backoffice and credit levels. Only CFOs will know of their book.

Leverageing is not in orders , is if there moneys borrowed for risking.

2. not all customers use leverage. Cash investors mostly don't.
The function of stops in futures markets is to defray overlosses of accounts.
Some traders uses stop loss order to limit their potential drawdown in their singular endevours, so that they limit the amount they willing to risk in every trade.
Some traders use stops as ways get in the markets at break points.
There many uses for it.
Basically a stop order is just a market order , when order price is touched/traded.

Chart patterns are basically only footprints of what hs transpired.
When stop sweeps are happening , they normally presents themelves as pin bars.
chart patterns mostly indicative of the gyration of the prices, it says nothing about whats happening in the order books.
but if one can see the order books, then chart patterns can clue to market conditions.

3. no, i not sighted any study differentiate OTC markets and regulated/ exchange traded markets, nor their differences in technical studies approaches.
Generally, technicians believe everything is embedded in the price.

regards
  • #43,165
  • Sep 27, 2013 8:01am Sep 27, 2013 8:01am
@chief thank you very much, plz enjoy your music!!!!!!!apology for disturbance

best regards!
don't predict direction, but dance with flow of water
  • #43,166
  • Sep 27, 2013 8:17am Sep 27, 2013 8:17am
Quoting priceaction1
@chief thank you very much, plz enjoy your music!!!!!!!apology for disturbance best regards!
no trouble
glad to help.

this nice
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  • #43,167
  • Sep 27, 2013 8:17am Sep 27, 2013 8:17am
Quoting fti
{quote} why? what the point? you not google or nsa, just read use and develop. this discussion thread. if i not die or if some one takes over after i do. then thread could go 100,000 pages. Things already got repeated multiple times. certain subjects had been rehashed an rehashed. most important is what you get to use for your benefit out of the discussion on the thread. in the digital world nothing last, after some time its gone. in world this is mostly true. even if it was written in stone, it will not be preserved. The only reason i know my...
I just want it in case i may need to print and read it away from pc screen.
To better read and think.
Its just my type. When i started learning and observing patterns , i used to print daily chartsthen look for the patterns and observe.
Enter Signature
  • #43,168
  • Edited 8:43am Sep 27, 2013 8:19am | Edited 8:43am
Quoting CHFJunkie
{quote} I just want it in case i may need to print and read it away from pc screen. To better read and think. Its just my type. When i started learning and observing patterns , i used to print daily chartsthen look for the patterns and observe.
i see, noted.

regard

Inserted Video
  • #43,169
  • Sep 27, 2013 9:26am Sep 27, 2013 9:26am
chief any comments (position closed with +8, +14,+2 pips.)
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don't predict direction, but dance with flow of water
  • #43,170
  • Sep 27, 2013 10:04am Sep 27, 2013 10:04am
Quoting priceaction1
chief any comments (position closed with +8, +14,+2 pips.) {image}
generally markets weak on usd.
there nothing much happening with little potential for big moves.
just markets trying fing usd bottoms.
but some unease in cable/ aud and aud crosses, since RBA suggested of lowering rates earlier in the day.


regards
  • #43,171
  • Sep 27, 2013 10:24am Sep 27, 2013 10:24am
Quoting fti
{quote} generally markets weak on usd. there nothing much happening with little potential for big moves. just markets trying fing usd bottoms but some unease in cable/ aud and aud crosses, since RBA suggested of lowering rates earlier in the day. regards
so we except a volatility at near bottom,

baby sit for emerging some clears ( compound)chart formation, can be look for "calf basic ingredient" for next month or two. and for USD 25 full moons, may be 1 or 2 blue moon too
don't predict direction, but dance with flow of water
  • #43,172
  • Sep 27, 2013 11:13am Sep 27, 2013 11:13am
Quoting fti
{quote} vic, nevermind what? my friend. is not everyday you get hear opinions from big boys, even that they may be deemed illuminaughty or whatever. and his take on how the retirees will suffer, transcended time. He would make a good board member, his 5 year business plan withstood the test of time. we watching a report done in 2008. regards

i was just taken back with his sense of confidence of KNOWING what needs to happen. The voice the calmness the confidence like i am not telling u what should happen but what will happen...

how low oil can go./....right at bottom he told that


V
  • #43,173
  • Sep 27, 2013 11:38am Sep 27, 2013 11:38am
Quoting priceaction1
{quote} so we except a volatility at near bottom, baby sit for emerging some clears ( compound)chart formation, can be look for "calf basic ingredient" for next month or two. and for USD 25 full moons, may be 1 or 2 blue moon too
huh????
mooncakes going for S$50 per pack.


regards
  • #43,174
  • Sep 27, 2013 11:40am Sep 27, 2013 11:40am
Quoting indianguyinny24
{quote} i was just taken back with his sense of confidence of KNOWING what needs to happen. The voice the calmness the confidence like i am not telling u what should happen but what will happen... how low oil can go./....right at bottom he told that V
ya some peep knows whats going happen to this world, because they have control of it. puppet masters.
but its nice once a while they tell us, so that we not in the fog, blind as a bat.
anyway the puppets can't speak truth, so need listen to puppetmasters hor.

regards
  • #43,175
  • Sep 27, 2013 11:48am Sep 27, 2013 11:48am
Quoting fti
{quote} ya some peep knows whats going happen to this world, because they have control of it. puppet masters. but its nice once a while they tell us, so that we not in the fog, blind as a bat. anyway the puppets can't speak truth, so need listen to puppetmasters hor. regards

so there is a concept of puppet masters then...

V
  • #43,176
  • Sep 27, 2013 11:49am Sep 27, 2013 11:49am
fti, thanks for sharing "The Basics of Foreign Trade and Exchange - Economic Education.pdf" from way back.

i finally got off my lazy ass and read it, the 2nd half of it was good stuff , the first half was a good rehash of what I learned in college, lol.
  • #43,177
  • Sep 27, 2013 11:51am Sep 27, 2013 11:51am
Quoting indianguyinny24
{quote} so there is a concept of puppet masters then... V
you from wall street , my friend.
you not know meh, every thing, some one owns. even the bow you piss into. my friend.
not only there ain't no free lunch, there not even free pissing in this world.
if you get to piss free , is only becaue the chap no around collect yet.

Where i was, you have choice.
either pay fee or pay fine.

regards
  • #43,178
  • Sep 27, 2013 11:54am Sep 27, 2013 11:54am
Quoting fti
{quote} you from wall street , my friend. you not know meh, every thing, some one owns. even the bow you piss into. my friend. regards

you have a way of putting things in funny way....lol...what would it to be in the circle of puppet masters i wonder...what they think...

V
  • #43,179
  • Edited 12:43pm Sep 27, 2013 12:00pm | Edited 12:43pm
Quoting indianguyinny24
{quote} you have a way of putting things in funny way....lol...what would it to be in the circle of puppet masters i wonder...what they think... V
you really want to know?
ok, humans trying mimic God.
they say BE, you get it done.
They don't care the hows , why......
just get it done.

you know, once i had master.
he said this years good, i give you fat bonus.
next year i want double.
i went... eeer but i not enough sperm.
so before start next year i found new master, pays triple and no need make double. i'm ronin.
took whole team with me, because my peeps they love me much.
some still loves me even today. even i no longer give them their envelopes.
some still loves me but they realist, they say, well sometime things branch away. but we still friends hor.
some just disappeared, same like thread.

regards

there a few very kind.
they still look me up sometimes, see if there's anything that i need them to get for me.
but is getting lesser and lesser. mostly because i getting harder and harder to locate.
my closest, went home serve God.
  • #43,180
  • Sep 27, 2013 12:56pm Sep 27, 2013 12:56pm
Quoting fti
{quote} i see, noted. regard http://www.youtube.com/watch?v=7s22HX18wDY
Thanks FTI!
You never know... do good!
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