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Technical Analysis Fallacy

  • #43,421
  • Oct 11, 2013 8:58am Oct 11, 2013 8:58am
Quoting bootsyjam
Do you seriously expect people to wade through pages of this cr*p in the hope that they might find something helpful. It could have been v informative, now it appears to be a thread filled with the random meandering thoughts of a nutjob. Just because you started the thread doesn't mean you're right. This thread is a great example why most of FF is useless. Don't worry I'm gone, you just keep posting mindless cr*p and tell yourself that you're helping. Give me strength...
ah poor sole!! Bootsyjam, just read this thread from start up to 200 pages than red them again, I am posting a .doc file only for you just bcz what this thread teach me one should be humble. I pray success for you. If some one give you his time, thank about it, he is given you the little part of his life to you as time is life in ones life.
Attached File(s)
File Type: doc FTI Teaching (Updated) (1).doc   933 KB | 979 downloads
don't predict direction, but dance with flow of water
  • #43,422
  • Oct 11, 2013 9:03am Oct 11, 2013 9:03am
Quoting Redsunfx
To All just by curiosity , on my chart im still having bollinger band to evaluate volatility , i think much more by habits than something else, i just would like to ask , do you use plain empty charts when trading or are you using volatility indicators ? regards
Bollinger bands,what? I don't even use charts most of the time.i replace all my charts with my feeling for the price!!.if that help
Allah has permitted trade and has forbidden interest [koran]
  • #43,423
  • Oct 11, 2013 9:10am Oct 11, 2013 9:10am
ok clear .... i got it .... empty charts .... lool what a day today .... thank's but old habits die hard ...
  • #43,424
  • Oct 11, 2013 9:19am Oct 11, 2013 9:19am
not even a moving average ... lool , i will have to get used to it ... naked charts .... feel like naked myself ... but in fact feeling free .. and ,since reading the thread i m not trading anymore , im dancing ...so basically yes its right no need to have indicators to spoil the rythm ...

its a big move today for me , and im proud of it .... im free

cheers
  • #43,425
  • Oct 11, 2013 9:21am Oct 11, 2013 9:21am
Quoting fti
{quote} Zoran yes scary. They playing the chicken game. Off hand i cannot believe that the US would default. But since they put it on the table. We can only watch. But also because what happened to greese and cyprot, cannot write off anything. Man may want resist Chapter 11, but if big daddy no bailout and no friends....look, who .
yes ur right.the environment is more of risk aversion with nobody no where the market going,the reason for the above feeling is last few days all the equity indexes falling but money is not moving into gold as gold prices are statics and not moving, infact they r going down.but again if u look at safe haven currencies jpy money is moving out of it but at the same time money is moving into chf,so in effect what it saying to me is market is confuse with playing in a broad range.best way to play this type of market I think short any rallies[bear or bull doesn't matter.as u mentrion correctly market probably waiting for debt ceiling discussion to be over.
Allah has permitted trade and has forbidden interest [koran]
  • #43,426
  • Oct 11, 2013 9:22am Oct 11, 2013 9:22am
my buddy sent me a pic.
is so funny but accurate. me and my no evil monkeys.

regards
Attached Image
  • #43,427
  • Oct 11, 2013 9:30am Oct 11, 2013 9:30am
Quoting fti
my buddy sent me a pic. is so funny but accurate. me and my no evil monkeys. regards {image}
hey fti,ur wrong this time.look at the thing in monkeys lap,look at his nose,eyes,and ear,its me
Allah has permitted trade and has forbidden interest [koran]
  • #43,428
  • Oct 11, 2013 9:34am Oct 11, 2013 9:34am
Quoting drzakir123
{quote} hey fti,ur wrong this time.look at the thing in monkeys lap,look at his nose,eyes,and ear,its me

now, don't you over eat.

regards
  • #43,429
  • Oct 11, 2013 9:40am Oct 11, 2013 9:40am
Quoting fti
{quote} now, don't you over eat. regards
can't help I blame my wife for that.she is really a good cook
Allah has permitted trade and has forbidden interest [koran]
  • #43,430
  • Oct 11, 2013 9:42am Oct 11, 2013 9:42am
Quoting drzakir123
{quote} can't help I blame my wife for that.she is really a good cook
yaya blame it on the good woman.

regards
  • #43,431
  • Oct 11, 2013 9:50am Oct 11, 2013 9:50am
Quoting fti
{quote} yaya blame it on the good woman. regards
as head of the family one should never accept a blame or mistake,its always someone else fault otherwise state will collapse
Allah has permitted trade and has forbidden interest [koran]
  • #43,432
  • Oct 11, 2013 9:58am Oct 11, 2013 9:58am
Quoting drzakir123
{quote} as head of the family one should never accept a blame or mistake,its always someone else fault otherwise state will collapse
reminds me of my favourite song.

regards
Inserted Video
  • #43,433
  • Oct 11, 2013 11:26am Oct 11, 2013 11:26am
Quoting fti
{quote} reminds me of my favourite song. regards http://www.youtube.com/watch?v=MhGeH07lo5M

Inserted Video



V
  • #43,434
  • Oct 11, 2013 2:16pm Oct 11, 2013 2:16pm
Quoting fti
{quote} sorry low energies again. You seems get idea that all an analyst reads or listens to is truth and accurate stuff. Truth is, mostly whats out in public is half of it. Thats reason why one need analyse the info. You read and listen , then you think and watch. If you become bias, then the trade you cannot take seriously. Because you will be come irrational. And you create attachments and yur ego will drive your trade. I think you still don't get it. You still like believe in superman and mother Teresas. Sure they do exist, but analyse carefully,...
Fti, please don't apologize. You are not the one owing me an apology. I just think i'm going to be driven nuts before i ever fully understand your method.

Barnhardt, well, I apologize to her for saying I wanted to have sexy time with her. If she is just a puppet, then i wonder who is behind her (winkwink)

I don't know how to argue her points, she has rigid views, so i resorted to name calling.

As for bias, if the daily trend shows a direction, isn't that bias?

Don't we have to have a certain direction in mind, but not be predicting too much?

Currently i see the graph, know nothing is for certain. I place an order, if it is wrong i rescue, if correct then i reap profits.

Currently no losing trading sessions yet this month, its interesting, am waiting for a trade that i will have to bite the bullet on, but nothing yet.
  • #43,435
  • Oct 11, 2013 2:59pm Oct 11, 2013 2:59pm
Hi MaMood, how's it going? I see you down there. I've read all about you, but don't worry, I'm a newcomer to the thread, and I can make my own decisions when it comes to judging people. I would love to hear what you have to say. PM me?
  • #43,436
  • Oct 11, 2013 8:13pm Oct 11, 2013 8:13pm
Quoting 4tiger
{quote} Fti, please don't apologize. You are not the one owing me an apology. I just think i'm going to be driven nuts before i ever fully understand your method.
Not much on method here, just lots of guidelines, tools and discussion. You take and learn to use them during *your* self discovery. Take what is useful but please don't dis what is not. You *will* be driven nuts if you are looking for someone elses method, although there are hints, better to create your own that works for *you*.
  • #43,437
  • Oct 12, 2013 12:59am Oct 12, 2013 12:59am
Quoting 4tiger
{quote} Fti, please don't apologize. You are not the one owing me an apology. I just think i'm going to be driven nuts before i ever fully understand your method. Barnhardt, well, I apologize to her for saying I wanted to have sexy time with her. If she is just a puppet, then i wonder who is behind her (winkwink) I don't know how to argue her points, she has rigid views, so i resorted to name calling. As for bias, if the daily trend shows a direction, isn't that bias? Don't we have to have a certain direction in mind, but not be predicting too much?...
Hi 4tiger,
Here are some post of FTI about bias,direction and trend
Maybe they will shed some light to you with your question
but on the other hand maybe make you confused
hope it will clear out for you .
Link1 - Answer to Acs about confusing situation amrket with no descision
Link2 - Bias is still bias
Link3 - directional bias / volatility bias
Link4 - To predict is to have bias
Link5 - bias is bias
Link6 - This bias , must never be used as "absolute"
Link 7 - Bias is dangerous thingy
Link8 - Dance direction

About no losing trade session for the whole month it is exelent
Keep it up !!!
The question how many of them you were on a right direction without needing to rescue
answer to this question will help you to know if your readings of the market are good.
About bite the bullet - why to wait ? isnt better wait riding profits.
i had few biting a bullet experiences and that not something that i recommend.
Maybe once just to know what you feel in situation like that in order to cope with it.

all what said in here my own opinion ( and i am just a student)

regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,438
  • Oct 12, 2013 1:29am Oct 12, 2013 1:29am
Michael

it seems to me that you are one of the "advance" learner in this thread , could you be kind enough to share with us your view about the dance , especially when the 3 kingdom are not synchro .....
for exemple EURUSD is up USDJPY is also up (1H TF) for the time being for me , when there is no Synchro i'm staying on the sideline .... what is your understanding in such situation ?

thank's in advance for your time

Redsun
  • #43,439
  • Oct 12, 2013 1:51am Oct 12, 2013 1:51am
Quoting fti
{quote} Hi mijamoto, Read and think carefully, This legend became famous because of this report: "in the presence of our representative, 286 transactions in various stocks, in 25 market days, on both the long and short side of the market. 264 of these transactions resulted in profits and 22 trades lost." The profit rate was up to 92.3%. .... Back to basics.

Try to formulate what is being taught now to this sequense of trades.
If you use what's been taught in public. These trades cannot happen.
Talk about masking bull to masses. there's surely one born every day.

His technique is hidden in the story, HINT: "time" ..

Is it that one http://lampway.files.wordpress.com/2...ru-the-air.pdf
don't predict direction, but dance with flow of water
  • #43,440
  • Oct 12, 2013 2:03am Oct 12, 2013 2:03am
Quoting Redsunfx
Michael it seems to me that you are one of the "advance" learner in this thread , could you be kind enough to share with us your view about the dance , especially when the 3 kingdom are not synchro ..... for exemple EURUSD is up USDJPY is also up (1H TF) for the time being for me , when there is no Synchro i'm staying on the sideline .... what is your understanding in such situation ? thank's in advance for your time Redsun
I read some where in fti writing when there is 3 kingdom are not synchro than there is some fundamental changes are under 'neath.

just my 2cet

best regards.
don't predict direction, but dance with flow of water
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