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Technical Analysis Fallacy

  • #44,181
  • Jan 3, 2014 1:33am Jan 3, 2014 1:33am
Quoting 4tiger
{quote} lmao... and of course i was speaking in code for "thousand gold" (千金) meaning that if gold goes to 1000... and i would "protect" "her" from going below 1000... by going long. what in the world is "daughter red" anyways, boss? might she be a car?? i think it's funny that (sometimes) people are more willing to act out and stuff in these 'anonymous' forums... but i am actually doing the opposite by trying to keep my posts under some control {quote} oh-no! hmm.. maybe start it off slow? there's still an entire...
女兒紅 is
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  • #44,182
  • Edited 4:32am Jan 3, 2014 1:50am | Edited 4:32am
Quoting 4tiger
{quote} ah... i'm drunk. but i am home safe
doing 18 hands? drunken monkey in forex no pain every where bruised?

Inserted Video


regards
  • #44,183
  • Edited 4:00am Jan 3, 2014 2:14am | Edited 4:00am
now you best rehydrate.

Orange Juice with salt and butter.

:"buah gu yew" on bread not on ka cheng.

"spread butter"


reminds me, everytime my boys err.
They get buah gu yew sessions.


regards
  • #44,184
  • Edited 3:13am Jan 3, 2014 2:48am | Edited 3:13am
Quoting appleboy
Hello fti, Happy New Year all ! May i ask a question please. If a party eg.central bank or a big player , wants to devalue a currency, do they have to devalue the currency against every other currency ? or do they just have to devalue against the core currency pairs and then the crosses will follow ? Maybe an analogy to make myself clearer. Lets say the bank of japan wants to devalue the yen. Do they just sell the yen against the USD only (ie. buy the USDJPY core currency pair) , and the rest of the crosses (eg. GBPJPY / EURJPY / CHFJPY / CHFJPY...

if authorities want weaken currency , is normally target specific.
normally the need maybe be evident from the balance of trade fig details.

If someone wants debase and devalue accross board , then we know they in deep shit.
mostly would be have problems with her major trade partners.

planning evils?

2. normally the MO is to position into the less liquid legs then when they positioned , they start hitting the majors.
you seems think upside down?

Too Year New Happy.

regards

If they authorities, unless is critical state would be using macro economic tools instead of open market ops.
but with rates nearly zero already. may need use other stuff.

Movement in majors attracts lots attention and heat.
no one wants major surgery if can be drugged?
  • #44,185
  • Edited 4:34am Jan 3, 2014 3:20am | Edited 4:34am
Quoting indianguyinny24
Not a good start... stuck in AUD USD rescue..... V

check mindset stability please.
there's nothing to speculate in aud.

The bosses already stated crystal clear.
0.85 target

I am a little worried you do or die frame of thoughts. Is changing your MO.
Kill or be killed is battlefield commander mindset. Is for the fight and necessary for battle.
Generals cannot think that way, unless one believes in reincarnation.

One is an operational state. The other is the managing state.

although mainly we should be in operating state. But must make sure the managing state is already encompassing. Attention to details on logistics please.

Battle well, my friend. Is only start of 2014.

I not seems have the heart for the battle, so i watch the battle.
regards

PS for aud eagle eyes anz. They on the ball.
many friends there. whatever became of T walker? good man he.
  • #44,186
  • Jan 3, 2014 5:23am Jan 3, 2014 5:23am
FTI

after several months reading your thread , this is my 2 cents conclusion and it was well define by someone else :

"Any man who reads too much and uses his own brain too little falls into lazy habits of thinking."Albert Einstein

in fact i spend too much time to simply read ..... not enough to think ....

Just hope that you will no go to see the sexy nurses too often .....

Redsun
  • #44,187
  • Edited 6:49am Jan 3, 2014 6:13am | Edited 6:49am
Quoting Redsunfx
FTI after several months reading your thread , this is my 2 cents conclusion and it was well define by someone else : "Any man who reads too much and uses his own brain too little falls into lazy habits of thinking."Albert Einstein in fact i spend too much time to simply read ..... not enough to think .... Just hope that you will no go to see the sexy nurses too often ..... Redsun
ya, best thing i learned in school was reading and comprehension.
reading just opens doors, only thinking and comprehension allows one walk thru the opening.
There much difference between knowing and understanding.
Knowing does nothing. Practise makes purfect.

sexy nurses attention is nice, get pampered like a baby. But is very expensive.
but i wise up, now i know can ask em poke my drip than keep poking me.
But is been long time since have women whispering waking me in middle of the night.
So praying , no need attention too much.

I have 2 choices gets poked in stomach zone or gets poked at backside.
I always choose backside. Less pain.
and is not everyday anyone get woman rub alcohol on the bumbum.
stomach is different, every (friendly)woman rubs it.


regards
  • #44,188
  • Jan 3, 2014 6:59am Jan 3, 2014 6:59am
Quoting fti
{quote} ya, best thing i learned in school was reading and comprehension. reading just opens doors, only thinking and comprehension allows one walk thru the opening. There much difference between knowing and understanding. Knowing does nothing. Practise makes purfect. sexy nurses attention is nice, get pampered like a baby. But is very expensive. but i wise up, now i know can ask em poke my drip than keep poking me. But is been long time since have women whispering waking me in middle of the night. So praying , no need attention too much....
about practice ...... Practice does not make perfect. Only perfect practice makes perfect. ...
  • #44,189
  • Jan 3, 2014 7:44am Jan 3, 2014 7:44am
Quoting Redsunfx
{quote} about practice ...... Practice does not make perfect. Only perfect practice makes perfect. ...
ya only God is perfect.
we just practise so as not be uncapacitated. execelence is acceptable.

make good living is ok.
master of universe is a dream.

i no want do any evils.
now just trying stay alive as long as God wish i alive only.

regards
  • #44,190
  • Jan 3, 2014 8:41am Jan 3, 2014 8:41am
Quoting fti
{quote} if authorities want weaken currency , is normally target specific. normally the need maybe be evident from the balance of trade fig details. If someone wants debase and devalue accross board , then we know they in deep shit. mostly would be have problems with her major trade partners. planning evils? 2. normally the MO is to position into the less liquid legs then when they positioned , they start hitting the majors. you seems think upside down? Too Year New Happy. regards If they authorities, unless is critical state would be using...

thanks for the explanation fti.
pardon my want for knowledge, but would you be kind enough to explain
"normally the MO is to position into the less liquid legs then when they positioned , they start hitting the majors."
so they would position in the crosses first , then whack the majors to achieve their target currency value ?

so to look for manipulation / open market ops, we have to look at the crosses for clues of activity and then look at the majors for the real activity.

thank you very much.
  • #44,191
  • Jan 3, 2014 4:49pm Jan 3, 2014 4:49pm
Quoting fti
{quote} check mindset stability please. there's nothing to speculate in aud. The bosses already stated crystal clear. 0.85 target I am a little worried you do or die frame of thoughts. Is changing your MO. Kill or be killed is battlefield commander mindset. Is for the fight and necessary for battle. Generals cannot think that way, unless one believes in reincarnation. One is an operational state. The other is the managing state. although mainly we should be in operating state. But must make sure the managing state is already encompassing. Attention...

tx for looking out chief....was short AUD and got in big Bull AUD fight...no do or die...what i couldnt do was FLIP...at .8910 i wanted to flip but again i couldnt....why ...

btw most of troops are back home safe....have only 2 X Scout in the field and 140 Troops in backup so all is well and within limits and no rush ...

all the time mindset was to do thing RIGHT....which i know..this time i failed as i couldnt flip...hmm next time another battle....

V
  • #44,192
  • Edited 8:17pm Jan 3, 2014 7:47pm | Edited 8:17pm
Quoting indianguyinny24
{quote} tx for looking out chief....was short AUD and got in big Bull AUD fight...no do or die...what i couldnt do was FLIP...at .8910 i wanted to flip but again i couldnt....why ... btw most of troops are back home safe....have only 2 X Scout in the field and 140 Troops in backup so all is well and within limits and no rush ... all the time mindset was to do thing RIGHT....which i know..this time i failed as i couldnt flip...hmm next time another battle.... V
i see
noted.

sometimes bias can be strong.
and can cloud ones performance.

its nice know you aware of the logistics.
Sometimes traders can be caught in volatility even if outlook may seems right.
But trading is not about the rights and wrongs, is about survival and strategies.
Damage control and managing is paramount until you can determine what and how you will respond to the moves.
very important is that you need clear mind pace the volatility and have strategy correct situation to favourable outcome.
You have 2 basic choices from here.
If you determined that trend is in tact and situation is because of volatility exuberance then you need hold ground and strategies good rescue of the situation.
If mind feels that is better let go , square out to attain clearer mind, then one must train take the pain and cut loose to neutralise undue mind pressure.

What i do if i get scouts deep dead in waters is to ease off wait until mind gets clear before reengagement.
a couple scouts caught in hostile territory can survive if have logistics carry them.

Ability get book back into shape is the mark of trader excellence.

I believe you understand. So over the weekend take sometime off market pressures and restrategise on what youmind is most palatteable to impliment.
Bias and pain cannot be factors in your decisions forward.
If feel overwelm by bias or pain, then i suggest mark book to square so that you get true market feel again.

regards
.

PS: mark book to market , means basically looking at mark to market equity. Considered what floating loss as loss, even if position is still in fight.
set your strategies based on what market does forward, from the equity level of book and respond as if positions are all new.

Your feelings of inability go on wind can be likely due to strong bias.
Try clear that bias monday. Thats what i mean clear mind.
If you still want to continue the fight short aud, you must time your rescue attempts from a book perspective , not again because of bias pull.
make it that situation no get any worse. Think from and decision process from equity perspective.
  • #44,193
  • Jan 4, 2014 8:49am Jan 4, 2014 8:49am
This is a great thread,
More than 6 years and still exist,
Btw what is the essence of this thread?

Sory for OOT
  • #44,194
  • Jan 4, 2014 1:25pm Jan 4, 2014 1:25pm
Quoting acangz
This is a great thread, More than 6 years and still exist, Btw what is the essence of this thread? Sory for OOT
In Few Words The essence is "To Be Better Person"
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #44,195
  • Jan 4, 2014 1:47pm Jan 4, 2014 1:47pm
Quoting acangz
{quote} Today I have read this thread , and my mind is really openned, The simple think in my head is now tell me that we don't find a "hollygrail", every indicator only a tools , a tools not a signal , thanks brother , one question : "What method do you use to analyst the market ? " regards
Strange
Seems that in August 2012 Link you already read this thread and since then are you looking for essence?
regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #44,196
  • Edited Jan 5, 2014 5:33am Jan 4, 2014 3:16pm | Edited Jan 5, 2014 5:33am
Quoting fti
{quote} i see noted. sometimes bias can be strong. and can cloud ones performance. its nice know you aware of the logistics. Sometimes traders can be caught in volatility even if outlook may seems right. But trading is not about the rights and wrongs, is about survival and strategies. Damage control and managing is paramount until you can determine what and how you will respond to the moves. very important is that you need clear mind pace the volatility and have strategy correct situation to favourable outcome. You have 2 basic choices from here....
Again thanks chief fro lookin back....

i think it is volatility...losses were -2.5% at max bought it down to -0.6% only with 2 scouts so i think i am fine....i have booked 0.2% as profit as well...and yes i loking for floating loss as loss...have a number where i know i will just get out....

i agree i couldnt let me bas do the right thing....i am trying to clear the mind not easy ... the fight is from bok prespective will try to manage as good as i can...may be bcz i have 140 troops in my arsenal i am littel relaxed....will fight a good battle tomorrow....

will think and restrategise...thre is nothing do or die here....just need to manage will see if i want to stay with my bias or restrategise will let the market run for someitme tomorrow and then see...not a big deal to pull a plug on 0.4% loss ....

V

PS: chief...many times it was coming to me that i can use some other weapon in these times...e.g. if i had option when i was thinking of flipping at .8910 i am dead sure i wont minb uying some OTM call to get the upside on my favour...i thought i put u out there...
  • #44,197
  • Jan 5, 2014 1:10am Jan 5, 2014 1:10am
Quoting -Michael-
{quote} Strange Seems that in August 2012 Link you already read this thread and since then are you looking for essence? regards Michael
Haha lol,

I'm just asking *the essence * ,
  • #44,198
  • Jan 5, 2014 1:24am Jan 5, 2014 1:24am
Quoting acangz
{quote} Haha lol, I'm just asking *the essence * ,

MIrror


V
  • #44,199
  • Jan 5, 2014 8:11pm Jan 5, 2014 8:11pm
Quoting acangz
{quote} Haha lol, I'm just asking *the essence * ,
The essence is in the very first post of this thread. Then it is up to you to read through the thread, practice and internalise to get a fuller understanding.
  • #44,200
  • Jan 6, 2014 1:15am Jan 6, 2014 1:15am
Quoting Zoran
{quote} The essence is in the very first post of this thread. Then it is up to you to read through the thread, practice and internalise to get a fuller understanding.
Hi zoran happy 2014.

regards
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