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Technical Analysis Fallacy

  • #43,341
  • Oct 8, 2013 7:28am Oct 8, 2013 7:28am
I didnt check futures volume , I talk from price action point of view.

but any how to me high volume with little participation means illiquidity.

dead market then a bounce then dead again then a bounce , what can I call this??
Enter Signature
  • #43,342
  • Oct 8, 2013 7:50am Oct 8, 2013 7:50am
I think sideline is the best position today
Learning is a Journey Not a Destination
  • #43,343
  • Oct 8, 2013 11:00am Oct 8, 2013 11:00am
Quoting venzen
Around 20 minutes 40 secs there is an interesting moment: Starting 20:00, the trader is asked about the daily process of adjustiing his own trades against the sizeable orders coming in from customers, seeing that the bank trader does not control the market making process but adapts to it as orders start rolling in. He mentions as an example how (at that time) the EM currencies were collectively weakening vs the USD. Hence he says, as a bank trader "you don't have to be that smart to just keep buying USD at every dip." Then he says: "So when a...
regarding that discussion - an interesting observation above. Same as my experience when dealing in small amounts(tens of thoundands) of EM currency.

Quote
If someone wants to argue the point, go to any chart, say an hourly one. Zoom out a bit. Look at every obvious swing high/low. If you had traded without a stop loss at these points, and waited for price to return to it before closing your position at 0/minimal loss, would you have lost out?

be careful with that thinking Sometimes, you just have to drop it(seldom, but there are times).

Quote
but who needs That guy when we have fti here? lol.

this guy imho brings some additional information regarding algo trading. Ok, if you are abit into technical, you know it's pretty impossible to compute data too much in some nano seconds; simply don't have the processing time for it. But it's not totally bad.
  • #43,344
  • Oct 8, 2013 11:08am Oct 8, 2013 11:08am
Quoting CHFJunkie
high volume with little participation means illiquidity
Huh? That's an oxymoron.
  • #43,345
  • Edited 12:28pm Oct 8, 2013 12:17pm | Edited 12:28pm
Quoting CHFJunkie
I didnt check futures volume , I talk from price action point of view. but any how to me high volume with little participation means illiquidity. dead market then a bounce then dead again then a bounce , what can I call this??
I would call it low volume in a very liquid market (this is FX we're talking about here). The bounces might be a sudden spike in volume, or participation, whatever you want to call it.

Where is fti?!?!

I couldn't even read the charts today... everything just looked like a mess.

if fti is gone then I'm going too.

Go placidly amid the noise and haste, and remember what peace there may be in silence.
As far as possible without surrender be on good terms with all persons.
Speak your truth quietly and clearly; and listen to others, even the dull and the ignorant; they too have their story.
Avoid loud and aggressive persons, they are vexations to the spirit.
If you compare yourself with others, you may become vain and bitter; for always there will be greater and lesser persons than yourself.
Enjoy your achievements as well as your plans.
Keep interested in your own career, however humble; it is a real possession in the changing fortunes of time.
Exercise caution in your business affairs; for the world is full of trickery.
But let this not blind you to what virtue there is; many persons strive for high ideals; and everywhere life is full of heroism. Be yourself.
Especially, do not feign affection.
Neither be cynical about love; for in the face of all aridity and disenchantment it is as perennial as the grass.
Take kindly the counsel of the years, gracefully surrendering the things of youth.
Nurture strength of spirit to shield you in sudden misfortune.
But do not distress yourself with dark imaginings.
Many fears are born of fatigue and loneliness.
Beyond a wholesome discipline, be gentle with yourself.
You are a child of the universe, no less than the trees and the stars; you have a right to be here.
And whether or not it is clear to you, no doubt the universe is unfolding as it should.
Therefore be at peace with God, whatever you conceive Him to be, and whatever your labors and aspirations, in the noisy confusion of life keep peace with your soul.
With all its sham, drudgery, and broken dreams, it is still a beautiful world.
Be cheerful.
Strive to be happy.
  • #43,346
  • Oct 8, 2013 12:25pm Oct 8, 2013 12:25pm
another angry American.
This one wears skirts, seems good analyst.

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OOOPs, sorry.
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  • #43,347
  • Oct 8, 2013 12:44pm Oct 8, 2013 12:44pm
eeeeer. i mean they also wear skirts, but i no think any less of them.
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  • #43,348
  • Oct 8, 2013 1:01pm Oct 8, 2013 1:01pm

Eagle scouts! naughty, naughty.

"Identifying the different types of boobs is a requirement for the Boob Merit Badge. "


http://nationalreport.net/boy-scouts...s-merit-badge/

pls do rabbits recognition badge first la...
  • #43,349
  • Oct 8, 2013 1:07pm Oct 8, 2013 1:07pm
Quoting fti
another angry American. This one wears skirts, seems good analyst. http://www.youtube.com/watch?v=Tkzly2lCpwU OOOPs, sorry. {image}
I would do her. (in a barn, hard.)

fti! good to hear from you.. although.. why so political? no FX stuff?
btw, happy early Double Ten Day!!
takes me long enough to learn about the history of the ROC, let alone 3 kingdoms... lol.

anyways.. Y2K.. and the Debt Ceiling.. if you can call something people watch, a show. then yeah, it's a show.
likewise, If you call where you piss, a bathroom, and not a bathroom a place that you piss...

I voted for Obama
  • #43,350
  • Edited 2:25pm Oct 8, 2013 1:21pm | Edited 2:25pm
Quoting 4tiger
{quote} I would do her. (in a barn, hard.) fti! good to hear from you.. although.. why so political? no FX stuff? btw, happy early Double Ten Day!! takes me long enough to learn about the history of the ROC, let alone 3 kingdoms... lol. anyways.. Y2K.. and the Debt Ceiling.. if you can call something people watch, a show. then yeah, it's a show. likewise, If you call where you piss, a bathroom, and not a bathroom a place that you piss... I voted for Obama
??? this about money and finance.(trading?)
and wash your brain . WITH soap.

ai ya wash closet la.
and pls no't describve what you washing hor.
and don't you dare start a badge on recognition of that hor.

for the girl guides.
regards

seton would roll over in ............... hor.

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  • #43,351
  • Oct 8, 2013 1:26pm Oct 8, 2013 1:26pm
Quoting fti
{quote} ai ya wash closet la. and pls no't describve what you washing hor. and don't you dare start a badge on recognition of that hor. regards

W.C. is my dad's initials
  • #43,352
  • Edited 5:32pm Oct 8, 2013 4:14pm | Edited 5:32pm
Quoting 4tiger
{quote} I voted for Obama
oh, ok,sure can. nothing wrong.Is free country. no?
why you telling me?
you want a medal or something?

regards
  • #43,353
  • Oct 8, 2013 6:36pm Oct 8, 2013 6:36pm
Quoting fti
Eagle scouts! naughty, naughty. "Identifying the different types of boobs is a requirement for the Boob Merit Badge. " http://nationalreport.net/boy-scouts...s-merit-badge/ pls do rabbits recognition badge first la...
oops BP looks angry.
best not play with boobs.
sir, but they only practising their stalking skills, sir.
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  • #43,354
  • Edited 7:56pm Oct 8, 2013 6:41pm | Edited 7:56pm
ok, you boys STOP that and go stalk the rabbits instead.
and i want detailed report at COH (council of Honour) tonight.
> sir, with full scketches?
yes of course.
> the boobs?
no, the rabbits.

regards
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  • #43,355
  • Edited 8:57pm Oct 8, 2013 8:39pm | Edited 8:57pm
OK, that does it.
all patrols assigned to toilet cleaning detail for 1 week.

regards

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  • #43,356
  • Oct 8, 2013 9:02pm Oct 8, 2013 9:02pm
Quoting 4tiger
{quote} I would do her. (in a barn, hard.) fti! good to hear from you.. although.. why so political? no FX stuff? btw, happy early Double Ten Day!! takes me long enough to learn about the history of the ROC, let alone 3 kingdoms... lol. anyways.. Y2K.. and the Debt Ceiling.. if you can call something people watch, a show. then yeah, it's a show. likewise, If you call where you piss, a bathroom, and not a bathroom a place that you piss... I voted for Obama
cao cao said i'd rather betray the world , than let the world betray me

but liu bei said i'd rather the world betray me, but i will not let the world down
if there is something you should keep secret,simply just save it,, so, just
  • #43,357
  • Edited 10:16pm Oct 8, 2013 10:02pm | Edited 10:16pm
Quoting sandycarrot
{quote} cao cao said i'd rather betray the world , than let the world betray me but liu bei said i'd rather the world betray me, but i will not let the world down
discipline, is the hardest word.

Thanks to

http://www.forexfactory.com/showthre...61#post7008961

otherwise , how play in the band?

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regards

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  • #43,358
  • Oct 8, 2013 11:15pm Oct 8, 2013 11:15pm
oh by the way, my friends.
there will be an announcement by the fed today.
Pls trade carefully.

Pls don't ask me.
I am not trading and i no opinions.

regards
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  • #43,359
  • Edited 11:32pm Oct 8, 2013 11:18pm | Edited 11:32pm
Quoting fti
{quote} oh, ok,sure can. nothing wrong.Is free country. no? why you telling me? you want a medal or something? regards
oh.. lots of reasons. I still have faith in America for one. free forums, telling everybody . late at night, so OT topics. and yes Chief a medal would be nice... made from bottle caps?

and because barnhardt's views don't sit well with me. what, shadow government, cover ups, conspiracies? what's next, devil worship, the matrix and yadabladayah.

i don't think all politicians are evil, some are just stupid. sure, barnhardt, bring in the Holocaust into your argument saying that there will always be little brothers willing to do the dirt work of the bosses? but who stopped the Holocaust?? takes the tiger to kill the wolf? one evil replacing the other?

I can be more evil than the worst evil but I shall still be good at heart.
the world needs evil to see what is good? makes me want to watch Scarface.

two of my favorite books in one comic strip: http://www.prosebeforehos.com/image-...nt-oppression/

Quoting sandycarrot
{quote} cao cao said i'd rather betray the world , than let the world betray me but liu bei said i'd rather the world betray me, but i will not let the world down
Haha, I watched episode 3 and half of episode 4 before I went to sleep! where are their thousand taels of gold and 10,000 steeds?!

watching 3 kingdoms is fun and relaxing.. drowns out a lot of noise in my life.

no spoilers pls!



Obama to nominate Janet Yellen as Fed Chair
http://politicalticker.blogs.cnn.com...iref=allsearch
Yay!
  • #43,360
  • Edited Oct 9, 2013 12:26am Oct 8, 2013 11:39pm | Edited Oct 9, 2013 12:26am
Quoting 4tiger
{quote} Obama to nominate Janet Yellen as Fed Chair
http://politicalticker.blogs.cnn.com...iref=allsearch
Yay!
ya probably.

and i want all scouts looking at the sky. If see meteorite pls inform me, and not take eyes off the sky. Esp those passed boobs proficiency.
and i would like to welcome all the parents join us in our campfire.
nope scouts look at sky.
and no whispering in ears and no giggling.

regards

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