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Technical Analysis Fallacy

  • #44,241
  • Jan 10, 2014 9:50am Jan 10, 2014 9:50am
Quoting hukam
{image}
nice sketches, baden powell would had be proud.

coming back to your subject.
is dangerous not get pretty fruit and let monkeys take em away some where nice to grow.
in the long run the shoot will need compete with her parent for the nutrition resources.
although is nice get the cover for protected growth. Is too close have properous growth.

regards
  • #44,242
  • Edited 10:25am Jan 10, 2014 10:01am | Edited 10:25am
Quoting fti
just woke up. Oh My goodness. what kind employment report card is that? How in jim beans did it get so bad? ai yo and i suspect market caught long usd. Any one long usd best rethink. maybe by july 4, definately not any time now yet. still i ponder how can it be so dang bad? wow like woke up on other side of the moon. regards
oh another thingy, other than market may be caught long usd, with absolutely obscene report card.
The chart is showing hung key reversal possibility.
In layman terms, means , don't be surprised that recent top may be retested, feverishly.

regards

so may i ask if any one managed follow that car?
4G turn.
In advance driving is called handbrake turn.

hearing, the feds seems broadcasting possible taper discussions soon.
may have chance for long usds bail out if retraces.
but try not expect to much below 1.3625

I get funny feel that is either show goodwill and taper or tape mouth.
  • #44,243
  • Edited 11:03am Jan 10, 2014 10:46am | Edited 11:03am
Quoting fti
{quote} oh another thingy, other than market may be caught long usd, with absolutely obscene report card. The chart is showing hung key reversal possibility. In layman terms, means , don't be surprised that recent top may be retested, feverishly. regards so may i ask if any one managed follow that car? 4G turn. In advance driving is called handbrake turn. hearing, the feds seems broadcasting possible taper discussions soon. may have chance for long usds bail out if retraces. but try not expect to much below 1.3625 I get funny feel that is either...

Hi fti, thanks for this piece on usd. I have a few questions if i may:

1. May I ask what is a hung key reversal looking like on a chart?
2. When mkt is caught long usd - does the mkt refers to market makers or the customers?
3. In arriving at the possbility of mkt been caught long usd, are the signs derived from recent topping area at ~ 650 & 600 and px sticking generally around there on the 1H where the euro is possbilibty being sold to be only then followed by a sharp move up bleeding these euro shorts?

Thanks for your time

Jacque
THE ALL is MIND; The Universe is Mental
  • #44,244
  • Jan 10, 2014 10:55am Jan 10, 2014 10:55am
Quoting fti
{quote} Interesting, the way you think. I hope you just jesting. from alBum GIRL at her volcano. Audiophile quality, followup to the Drifters. http://www.youtube.com/watch?v=pOtHByosVmM I showed dance clip just as followup to the Perlman Tango. Just able see some syncronised action with the beautiful music. Lessons. 1. Rules are necessary as guides , esp when interacting with another who's alive. This to avoid unnecessarily get toes amputated. 2. Guides are there to help another develop style and skills. Shouldn't...

just a feeling as the girl caught my attention
jesting aside, i liked the Perlman Tango and thanks for the lesson - wise words indeed.
THE ALL is MIND; The Universe is Mental
  • #44,245
  • Edited 11:55am Jan 10, 2014 11:25am | Edited 11:55am
Quoting Jacque
{quote} Hi fti, thanks for this piece on usd. I have a few questions if i may: 1. May I ask what is a hung key reversal looking like on a chart? 2. When mkt is caught long usd - does the mkt refers to market makers or the customers? 3. In arriving at the possbility of mkt been caught long usd, are the signs derived from recent topping area at ~ 650 & 600 and px sticking generally around there on the 1H where the euro is possbilibty being sold to be only then followed by a sharp move up bleeding these euro shorts? Thanks for your time Jacque
actually in my state i should not be saying too much.
but that figs seems too out of line , so i commented.

1. a hung key reversal is a reversal bar that reverses the impluse in a incomplete cycle when time windows still opened.
In this case the penetration of the lop point was realised but the figs reversed the impluse.
On the day chart is a key reversal of the previous day impulse pump. Outside day reversal.
So is possible change of trend.

2. if you had been following the market from dec 2013. There was much talk in market of big $ buying of usd into christmas zone. with expectations of good retail sales at christmas and possible fed tapering their injections into the street in 1st quarter 2014.
Mostly was heard entusism of buying usd as was lingering low vis a vis euros and cable.
Therefore the expectation that generally the market should be somewhat long usd.

3.whats been happening apart from top euros, was also ecb response on the lowering of rates.
was indication even athorities was feeling somewhat euro toppish aside from their eyeballing their economic indicators.
Prompted response from the ecb lowered rates and lip service of going negative rates. not considering that france did voice their displeasure of the strong euro eating into their export comppetitiveness.

is possible to expect high retest . but where from there is big question mark . and i no crystal balls.
This esp so in cable.if one took a look at the cable day cht.

Anyway don't just take my words , as my mind not so sharp already, and i not closely baby sitting.
just keep outlook at the back of mind to strategise if it should happen.

regards

i get weird feelings of large duck pond near 1.37 and long long ques waiting unload their usd if get a chance for a nice retrace.
esp usd/yen which had over shot to 105 after springing from 98. maybe too much too quickly.
  • #44,246
  • Jan 10, 2014 12:37pm Jan 10, 2014 12:37pm
Quoting fti
{quote} ya still climbing curve. ai ya nice see you. Good fortune & Happy 2014. regards
thank's sir , offcourse a happy and healty new year for you.
even with my eyes open i cannot see everything
  • #44,247
  • Edited 4:03pm Jan 10, 2014 3:48pm | Edited 4:03pm
to add to my best wishes, my idol Toots Thielemans on harmonica & Quincy Jones.
i hope you see the chemistry between te mucisians, i love it, esspecialy the last minute!!

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even with my eyes open i cannot see everything
  • #44,248
  • Edited 2:44am Jan 11, 2014 1:57am | Edited 2:44am
Quoting j-pax
to add to my best wishes, my idol Toots Thielemans on harmonica & Quincy Jones. i hope you see the chemistry between te mucisians, i love it, esspecialy the last minute!! http://www.youtube.com/watch?v=IA36Anlf1bw
lovely ,

regards

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  • #44,249
  • Jan 11, 2014 4:17am Jan 11, 2014 4:17am
I agree with you, all the graphs show the past and from there you use your reasoning to predict the future trend. We should always remember the stastistical error margin.
  • #44,250
  • Jan 12, 2014 3:56am Jan 12, 2014 3:56am
Happy 2014 everyone!

just for fun: sitting duck stops, anyone?

http://edition.cnn.com/2014/01/01/tr...tes/?hpt=wo_t5
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  • #44,251
  • Edited 4:57am Jan 12, 2014 4:42am | Edited 4:57am
Quoting 4tiger
Happy 2014 everyone! just for fun: sitting duck stops, anyone? http://edition.cnn.com/2014/01/01/tr...tes/?hpt=wo_t5 http://www.youtube.com/watch?v=boV8cuHXwnQ http://www.youtube.com/watch?v=sbWtAl6FDk8 {image}
reminds me of my sons bath when they was 3.

oh this what happens when over inflation?

Is a nice looking duck.
Hope it not end up on someone's dining.
anyway no one eats rubber .

ai ya no one build ships look so nice hor.
maybe is good cameo for warship?
Instead send the naval to war can send warducks?

come think of it, ;ooks abit like the hindenberg?


regards
  • #44,252
  • Edited 5:21am Jan 12, 2014 5:04am | Edited 5:21am
Quoting 4tiger
http://edition.cnn.com/2014/01/01/tr...15.1"> {image}


regards
">


ai yo even got stabbed 42 times?
shows how insane some peeps are.

it figs, peeps make nice computer systems, then some idiots writes viruses destroys the serene.
now maybe we can understand why some peeps need be burnt like wood.

regards

some peeps even write drm destroy their own works, all for money. talk about evil.
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  • #44,253
  • Jan 12, 2014 7:17am Jan 12, 2014 7:17am
How are you doing people. I am soon about to finish my master degree few exams left, will have to look for some job, but most likely I won't be able to get into any local/ international financial institution, so I can be happy if I get low paid office work in some company. I took online assesment of USB analtical and numerical test and I didn't meet minimum requirments lol (I am stupid ^^). My Djing career is also unsuccesful as there are so many good DJs in my city, so networking is of a cruical imporant, and covering initial costs of buying equipment seems like a dream. As trading my own account I am still flat at 12 USD I started year with 18 USD, but I am not serious I am just playing and gamlbing. Are there any virtual money trading competitions going on now, I wanna get a little bit more serious about trading, in the end it's fun thing to do, to develop my emotional intelligence and analytical thinking. I was wroking 2 weeks as secuirty guard on parking lot, I made 6 EUR per hour and I can tell you, it was fun job to do, no pressure no obligation, jst saying people where to park, some low paid jobs in my oppinion are in some way even better as high paying office jobs. All best
  • #44,254
  • Jan 12, 2014 9:07am Jan 12, 2014 9:07am
Quoting fti
{quote} actually in my state i should not be saying too much. but that figs seems too out of line , so i commented. 1. a hung key reversal is a reversal bar that reverses the impluse in a incomplete cycle when time windows still opened. In this case the penetration of the lop point was realised but the figs reversed the impluse. On the day chart is a key reversal of the previous day impulse pump. Outside day reversal. So is possible change of trend. 2. if you had been following the market from dec 2013. There was much talk in market of big $...

fti - Much appreciated your detailed response
tiger - those huge poor looking bursted ducks got me cracking let us watch if the markets will be having duck for breakfast ... in the next 6hrs or so..
THE ALL is MIND; The Universe is Mental
  • #44,255
  • Jan 12, 2014 12:53pm Jan 12, 2014 12:53pm
Quoting mijamoto
How are you doing people. I am soon about to finish my master degree few exams left, will have to look for some job, but most likely I won't be able to get into any local/ international financial institution, so I can be happy if I get low paid office work in some company. I took online assesment of USB analtical and numerical test and I didn't meet minimum requirments lol (I am stupid ^^). My Djing career is also unsuccesful as there are so many good DJs in my city, so networking is of a cruical imporant, and covering initial costs of buying...
@ Mijamoto, i can relate to many things you say, i have a relaxed low paying job and that's ..... relaxed ), about trading i also did trading for fun.... sometimes this felt disrespectfull to FTI, because he is very serious about trading and did/does his very best to help... so i stopped posting about trading here.

good job that you're finishing your master degree, you're smart i dont know if a financial carreer is perfect these days ... Jim Rogers (investor) said he would be a farmer if he had the choice now ... or learn a REAL skill. maybe you like this book http://en.wikipedia.org/wiki/The_Book_of_Five_Rings by Miyamoto Musashi .... your name reminded me of it. i am shure you can find a pdf of the book online.

i can give some advice on dj-ing since i was pretty succesfull but stopped because nightlife is not healthy for me also in my time dj's played vinyl/ records on technics .... 10 to 20 euro per record... so all the money i earned went into a new set for the next weekend ... hundereds of euro's a week. so i was never proffesional .... these days the music is free or cheap ... and many dj's produce their own music.... and every thing with a laptop!!! so it's possible to become a pro i believe.

what helped me Alot was that i did not play the music the big pro dj's played (drum and bass) i played trip hop so i got booked for the first 2 hours (and could take the train home) or i played in the chill out room. and i got respect from the pro's because i did something else. Also this music was good for hip cafe's art exhibitions etc where it's much easier to get started than the clubs...... from the cafe's you can easier make music contacts/ friends.

before this becomes a terrible long post send me a message if you have a question.

the best to you and good luck with youre last exams
even with my eyes open i cannot see everything
  • #44,256
  • Jan 12, 2014 1:24pm Jan 12, 2014 1:24pm
i was reading the wiki link i posted to Mijamoto http://en.wikipedia.org/wiki/The_Book_of_Five_Rings

just had to post this ... it reminds me of FTI style


"Timing is important in dancing and pipe or string music, for they are in rhythm only if timing is good. Timing and rhythm are also involved in the military arts, shooting bows and guns, and riding horses. In all skills and abilities there is timing.... There is timing in the whole life of the warrior, in his thriving and declining, in his harmony and discord. Similarly, there is timing in the Way of the merchant, in the rise and fall of capital. All things entail rising and falling timing. You must be able to discern this. In strategy there are various timing considerations. From the outset you must know the applicable timing and the inapplicable timing, and from among the large and small things and the fast and slow timings find the relevant timing, first seeing the distance timing and the background timing. This is the main thing in strategy. It is especially important to know the background timing, otherwise your strategy will become uncertain."
even with my eyes open i cannot see everything
  • #44,257
  • Jan 12, 2014 4:18pm Jan 12, 2014 4:18pm
Yeah, today is your own production essential but competition is tough in trance/house music, you must spend all the time producing and get released on a big label and build a large fanbase. Becuase technology developed and piracy now you can make tracks with 0 costs, that is why competition got so tough nowadays. https://soundcloud.com/goran-djukic/...r-the-end-gogy Here is some remix I did recently Well I would like to work in financial industry to gain experience and some money now when I am young, but getting in top tier banks you must be from best university, straight A student very tough nowadays In my country getting into local financial institution its all bout networking. I still belive you are better off for example buying goldman sachs equities or bonds than to work for them Mijamoto I made up myself this name, but later saw it its real name in japan lol have fun guys

P.S I understand FTI being angry as trading is serious business like all others. My korean coach was also very very strict and serious as he wanted his players to have succesfull career as taekwondo players and make money in life, and also their performance was influencing his career as coach.
  • #44,258
  • Edited 5:47pm Jan 12, 2014 5:18pm | Edited 5:47pm
@mijamoto

i see the competition is though..... but fair now...... everyone can produce and dj now..... you are on soundcloud so no big label is neeeded!! my point is Trance/House is a occupied space if you like to dj ... find your own special space/sound.... on soundcloud you can find unique/new tracks.

if you focus on Trance/House it will be hard!! Dutch dj's rule .... this is our Dutch King and Queen with Armin van Buuren .... damn our queen Maxima looks good !! ah and Queen Maxima used to work for Goldman sachs..... so she must be realy smart!!!!

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even with my eyes open i cannot see everything
  • #44,259
  • Jan 12, 2014 8:11pm Jan 12, 2014 8:11pm
Yeah dutch are kings in electronic music, got great DJs/producers and also big labels, famous managers, whole country supports them there is nothing to do to beat them hahaha, ok swedes maybe with avicii lol Queen worked for Goldman Sachs, pffff now I understand why normal people cannot get job there. Armin is leaving his trance roots going more into progressive house music, as that is generating more money. Personal I love that progressive trancey sound and in my small country of Slovenia they only want you play pop/house and Some events techno/trance/dubstep. I also like to listen to some ambient music.

P.S What is going on with Yen, japanese on holidays and its rising :/
  • #44,260
  • Edited 8:08am Jan 13, 2014 7:55am | Edited 8:08am
Hi fellow members,

I have been going through the thread after pg200 at an increased pace and currently at 481. As I read surf through the thread, I felt the highs and lows of the thread especially on the issue of trust and inappropriate conduct of some members. Although I am not done reading till the end yet, I am happy and thankful that inspite of everything that has happened, the thread has survived till this date for the perusal of everyone who may stumbled upon and it is the very good faith and good man of fti that this is so. I am thankful of this gift and its an honour to be here. In due time when I am proficient in this art which shall be judge by fellow members and P&L, I shall contribute back to this thread to the best I can. Thanks for keeping this thread open once again.

Best Regards
Jacque
THE ALL is MIND; The Universe is Mental
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