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Technical Analysis Fallacy

  • #43,441
  • Oct 12, 2013 2:08am Oct 12, 2013 2:08am
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
Hi Redsunfx !
It is easier for me
I didnt got to 3 kingdoms
I fight only EURUSD first have to master one kingdom
So to your question i am not that advanced.
Take a look at this post of FTI
Link1
My opinion is that there is a lot of indecision in market now with the all this default till 17 of october
so i think you cant rely on sync even if you see until all this clarifies
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,442
  • Oct 12, 2013 2:16am Oct 12, 2013 2:16am
Michael

i'm also trading only one kingdom (EURUSD) but my understanding was , to look at the the 3 kigdoms to get the rythm right ..... so basically i understand wrongly .... are you suggesting that to trade EURUSD i don't need to look at the 3 kingdoms ?

regards
  • #43,443
  • Oct 12, 2013 2:23am Oct 12, 2013 2:23am
Quoting Redsunfx
Michael i'm also trading only one kingdom (EURUSD) but my understanding was , to look at the the 3 kigdoms to get the rythm right ..... so basically i understand wrongly .... are you suggesting that to trade EURUSD i don't need to look at the 3 kingdoms ? regards
Ref: Page 2 fti teaching .doc
Don't watch too many pairs.
focus on majors,
GBP and EUR should move quite in syn. YEN should behave the reverse.
watch those intermarket relationships, if any is not behaving normally ,
then be aware that something is happening in the fundamental front.
try to find out if there is any special reason from the news releases.
don't predict direction, but dance with flow of water
  • #43,444
  • Oct 12, 2013 2:24am Oct 12, 2013 2:24am
Quoting priceaction1
{quote} 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.
Priceaction

thank's for your help , so i will be careful until october 17 ...
in fact "the market" just need a trigger to start a new move whatever is the trigger , today the debt ceiling , tomorrow election in ftiland, the day after will the first FED meeting with YELLEN" so in fact these are just "excuses" to move the markets.
its like on the stock market with the company's results publications , before was every year , now every 3 months , and tomorrow will be every month, just to find more triggers

regards
  • #43,445
  • Oct 12, 2013 2:33am Oct 12, 2013 2:33am
Quoting Redsunfx
Michael i'm also trading only one kingdom (EURUSD) but my understanding was , to look at the the 3 kigdoms to get the rythm right ..... so basically i understand wrongly .... are you suggesting that to trade EURUSD i don't need to look at the 3 kingdoms ? regards

RedSunFx
Since my understanding of three kingdoms is very shallow
I am not looking at three kingdoms only EURUSD and all the news that relates EUR or USD
that can impact on the pair.
I dont say that you understand wrongly . you understand differently and to my opinion you have to look at everithing that give you an edge.My look on things and your look on things is different
I prefer not to look on kingdoms since it is not giving me and edge yet ( i not fully understanding it yet)
Like FTI said -Link- "Don't carbon copy me. Be better than me."
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,446
  • Oct 12, 2013 2:37am Oct 12, 2013 2:37am
chief ref the "law of vibration' some where in the thread so here is what I found
Attached File(s)
File Type: pdf W. D. Gann on THE LAW OF VIBRATION (revised).pdf   733 KB | 56,883 downloads
don't predict direction, but dance with flow of water
  • #43,447
  • Oct 12, 2013 2:44am Oct 12, 2013 2:44am
FTI
I think this is an answer to all the people that come say something about what you have presented without even reading and go away.
How many people really interested in what you have presented
This is part of your legacy
Thank you
regards
Michael
Attached Image (click to enlarge)
Click to Enlarge Name: popular1.jpg Size: 37 KB
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,448
  • Oct 12, 2013 2:53am Oct 12, 2013 2:53am
Quoting -Michael-
FTI I think this is an answer to all the people that come say something about what you have presented without even reading and go away. How many people really interested in what you have presented This is part of your legacy Thank you regards Michael {image}
I also thinking about that time when I would say " I was also there".
don't predict direction, but dance with flow of water
  • #43,449
  • Oct 12, 2013 2:57am Oct 12, 2013 2:57am
Quoting priceaction1
{quote} I also thinking about that time when I would say " I was also there".

Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,450
  • Oct 12, 2013 3:20am Oct 12, 2013 3:20am
music and trading I love to play music when trading!!!!!!!

"As harmony in music may be described as the union of sounds which individually
appear different, but when blended together form a collective chord, or as the flowing
together of several sounds into one, so the object of the harmonic analysis of the different
tidal constituents is to reduce 'the complicated motions of the tides into a series of simple
harmonic motions or waves in different periods and with different amplitudes, or ranges;
and these simple harmonic constituents added together give the aggregate tide.'

read it with concept of compound charts formations!
don't predict direction, but dance with flow of water
  • #43,451
  • Oct 12, 2013 4:15am Oct 12, 2013 4:15am
Quoting priceaction1
music and trading I love to play music when trading!!!!!!! "As harmony in music may be described as the union of sounds which individually appear different, but when blended together form a collective chord, or as the flowing together of several sounds into one, so the object of the harmonic analysis of the different tidal constituents is to reduce 'the complicated motions of the tides into a series of simple harmonic motions or waves in different periods and with different amplitudes, or ranges; and these simple harmonic constituents added together...
You mean listen to music ? or you play while your trading ?
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,452
  • Oct 12, 2013 4:28am Oct 12, 2013 4:28am
listen
don't predict direction, but dance with flow of water
  • #43,453
  • Oct 12, 2013 4:40am Oct 12, 2013 4:40am
Quoting mijamoto
Guys I need your advice I am again in some virtual trading competition, 1st prize is sony xperia tablet. Competition is 10 trading days long and I have now 74.1% profit after 4 days. Should I go and take more risks, or should I stop trading and wait for final result. All best P.S Its mentally killing me all this desire, and when trades go bad, so I am just angry on myself, and dream about my past account value. I am always 100% of expousure so 10 pips means a lot. But than there are other dozens of kamikazes like me, and I have no idea how they...
you have to read your Mar 2008 conversation with fti!!! ans is there
http://www.forexfactory.com/showthre...61#post1879461
don't predict direction, but dance with flow of water
  • #43,454
  • Oct 12, 2013 5:17am Oct 12, 2013 5:17am
fti,i have a question.
in 2005 dollar was strengthen along with commodities.how can it be possible? commodities are price in dollar and that means they have inverse relationship to dollar.i am unable to get a grip on this problem..

ps.I have ask this question to fti but all are welcome to respond.
Allah has permitted trade and has forbidden interest [koran]
  • #43,455
  • Oct 12, 2013 5:42am Oct 12, 2013 5:42am
Quoting drzakir123
fti,i have a question. in 2005 dollar was strengthen along with commodities.how can it be possible? commodities are price in dollar and that means they have inverse relationship to dollar.i am unable to get a grip on this problem.. ps.I have ask this question to fti but all are welcome to respond.

DrZakir123
I think its a very global question
Maybe you have a charts of what you talking about ?
Show this charts against each other in order to see the relation
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,456
  • Oct 12, 2013 5:51am Oct 12, 2013 5:51am
@drzakir123 may I plz!!!! what I am thinking (may 100% wrong) is that now a days that usd$ is "absolute" thing and all other,s trade able things are relative to usd$ it is like gold stranded of old days. the present stander is now usd$ we cant trade usd$ it self but it is use as a reference for all other trades. even crosses are also effected with it. till the petro dollar are there it will go like this, even after petro doller it will go on till world found another instrument which is use as a "base price" for things. the force behind usd$ is "confidence" the day when usd$ loss it. it will over.
my 2 cents.

best regards.
don't predict direction, but dance with flow of water
  • #43,457
  • Oct 12, 2013 6:30am Oct 12, 2013 6:30am
Quoting -Michael-
{quote} DrZakir123 I think its a very global question Maybe you have a charts of what you talking about ? Show this charts against each other in order to see the relation regards Michael
here it goes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd.PNG Size: 41 KB
Click to Enlarge Name: gold.PNG Size: 45 KB
Allah has permitted trade and has forbidden interest [koran]
  • #43,458
  • Oct 12, 2013 7:07am Oct 12, 2013 7:07am
Quoting drzakir123
{quote} here it goes. {image} {image}
May be it can answer your question - Link -
Do not be victim to conflict of the General and Commander in you - by FTI
  • #43,459
  • Oct 12, 2013 8:01am Oct 12, 2013 8:01am
Quoting drzakir123
fti,i have a question. in 2005 dollar was strengthen along with commodities.how can it be possible? commodities are price in dollar and that means they have inverse relationship to dollar.i am unable to get a grip on this problem.. ps.I have ask this question to fti but all are welcome to respond.
hey dr, maybe its due to real demand for those commodities, relative to usd.

"When the US Dollar gets stronger, it takes fewer dollars to buy any commodity that is priced in $USD. When the US Dollar gets weaker it takes more dollars to purchase the same commodity.

The price of all US Dollar denominated commodities, like gold, will change to reflect the fact that it will take fewer or more dollars to buy that commodity. So it’s quite possible, in fact it’s almost always the case that a portion of the change in the price of gold is really just a reflection of a change in the value of the US Dollar. Sometimes that portion is insignificant. But often the opposite is true where the entire change in the gold price is simply a mathematical recalculation of an ever-changing US Dollar value.

When the dollar gets strong, gold appears to go down, and vice versa. That accounts for part of the fluctuations that we see in the value of gold.

The other part is an actual increase in the supply or demand for gold. If the price is higher when being measured not only in US Dollars, but also in Euros, Pounds Sterling, Japanese Yen, and every other major currency, then we know the gold demand is higher and it has actually increased in value.

Consequently, if gold is higher in US Dollars while at the same time cheaper in every other currency, then we can conclude that the US Dollar has weakened, and that gold has actually lost value in all other currencies. But the price, because it is being quoted in $USD will be higher and give the illusion of gold becoming more valuable. In such a case the devaluation of gold, due to increased supply on the market, is camouflaged by a weakened US Dollar."

source: http://www.kitco.com/kitco-gold-index.html

  • #43,460
  • Oct 12, 2013 11:26am Oct 12, 2013 11:26am
Quoting kinky
{quote} hey dr, maybe its due to real demand for those commodities, relative to usd. "When the US Dollar gets stronger, it takes fewer dollars to buy any commodity that is priced in $USD. When the US Dollar gets weaker it takes more dollars to purchase the same commodity. The price of all US Dollar denominated commodities, like gold, will change to reflect the fact that it will take fewer or more dollars to buy that commodity. So it’s quite po
thank u kinky for ur response.i can see the logic.my feeling is when dollar and commodities strengthen together it means in absolute terms of real assets, dollar devalued and only in terms of other paper currency is it strong.
Allah has permitted trade and has forbidden interest [koran]
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