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Technical Analysis Fallacy

  • #44,801
  • Feb 5, 2014 2:14pm Feb 5, 2014 2:14pm
Quoting indianguyinny24
An emperor in the Far East was growing old and knew it was time to choose his successor. Instead of choosing one of his assistants or his children, he decided something different. He called young people in the kingdom together one day. He said, “It is time for me to step down and choose the next emperor. I have decided to choose one of you.” The kids were shocked! But the emperor continued. “I am going to give each one of you a seed today. One very special seed. I want you to plant the seed, water it and come back here one year from today with what...
Hey Vic
Very good Story

Liked It very Much
Do not be victim to conflict of the General and Commander in you - by FTI
  • #44,802
  • Feb 5, 2014 2:25pm Feb 5, 2014 2:25pm
Hello FTI
You since you love music and alway
and always sharing with us music
that you love i want to share youtube song of one of the
famous Israeli Singers
Enjoy
Inserted Video

regards
Michael
Do not be victim to conflict of the General and Commander in you - by FTI
  • #44,803
  • Edited 3:00pm Feb 5, 2014 2:35pm | Edited 3:00pm
Quoting -Michael-
Hello FTI You since you love music and alway and always sharing with us music that you love i want to share youtube song of one of the famous Israeli Singers Enjoy http://www.youtube.com/watch?v=2ovCLdYnKHg regards Michael

nice.

sound very familiar.
Crys from the human spirits.

Thank you Michael, very touching.

regards'

feels a certain tranqulity when listening.
puts my breathing into chi sequenses. meditative.
  • #44,804
  • Feb 5, 2014 3:10pm Feb 5, 2014 3:10pm
Quoting -Michael-
Hello FTI You since you love music and alway and always sharing with us music that you love i want to share youtube song of one of the famous Israeli Singers Enjoy http://www.youtube.com/watch?v=2ovCLdYnKHg regards Michael
beautiful....grt voice...gets inside....

V
  • #44,805
  • Feb 5, 2014 3:30pm Feb 5, 2014 3:30pm
Quoting Jacque
{quote} arh u managed caught this fast horse bearing super huat huat huat huat, this very good luck for blotter btw, wanna enquire with you on bonds, which type and tenure of bonds is best gauge for dollar in/out flow please? Thanks much
wrong question.

to gauge money flow need see shape of yield curves.
the shape of curve indicates the $ flow.
areas of multiple tenures and areas of hump and troug tells where moneys parking.
the shape of the curve.

regards
  • #44,806
  • Edited 3:50pm Feb 5, 2014 3:38pm | Edited 3:50pm
Quoting Jacque
{quote} private parts?? no thanks.. however they (the charts) were up for bids mom ago.. if you no jesting about this.. i am serious about it thus wanted to see how it looks like first but my bids may be very token like peanuts to you this is due to my limited financial ability so please no go laugh rolling on the floor regarding the bonds qns posted above previously, if you feel off topic then wont discuss here. however, i am curious as i observe when euro and pound gets sell off and yen not moving, dollar could move to a lot...
solli la, these wall charts.
dang big leh, no have eqiptment photograph them la. Is very very long continueous rolls.

To me more valuable than picaso art. you will never able touch price.
just teasing la.

Dad wanted bury with his flags.
Me probabbly with my charts.
is rubbish to other people la.

regards

Inserted Video
  • #44,807
  • Feb 5, 2014 3:51pm Feb 5, 2014 3:51pm
Quoting indianguyinny24
An emperor in the Far East was growing old and knew it was time to choose his successor. Instead of choosing one of his assistants or his children, he decided something different. He called young people in the kingdom together one day...

Why do all the kids want to be emperor? watch too much lion king?

Well, one boy planted a durian tree, , so the emperor had him executed on the spot.

Then the sons of the emperor came out and had all the other boys executed on the grounds that if they could lie and cheat for the throne, then they would not be fit to rule.

“Those with their eyes on the throne will be a danger to those which are royalty-born,” they thought.

The sons then started towards Ping, who stood fast. The eldest drew his sword and proclaimed, “You on the other hand, do not show enough balls to even vie for the throne.”

“It’s a catch-22,” the youngest son agreed.

So, as Ping’s head fell towards the ground, his last thoughts were… "Well, I did plant a seed. In your sister!"

The emperor’s daughter then had her brothers executed in order to ensure the survival of her unborn child.

And since any would-be usurpers and all other eligible candidates for the throne were executed, Ling’s son became heir to the throne.

If you plant honesty, You will get trust
If you plant goodness, You will get friends
If you plant humility, You will get greatness
If you plant pot, You will get high!

Thank you, thank you, you all are too kind.


  • #44,808
  • Edited 4:54pm Feb 5, 2014 4:08pm | Edited 4:54pm
Quoting 4tiger
{quote} Why do all the kids want to be emperor? watch too much lion king? Well, one boy planted a durian tree, , so the emperor had him executed on the spot. Then the sons of the emperor came out and had all the other boys executed on the grounds that if they could lie and cheat for the throne, then they would not be fit to rule. “Those with their eyes on the throne will be a danger to those which are royalty-born,” they thought. The sons then started towards Ping, who stood fast. The eldest drew his sword and proclaimed,...

ya ya with thoughts like that.
same result.
cher let, by 5 horses into 5 pieces.
remember what goes around comes around?

sharks, what a coincidence , horsees year.

meow.

ai yo close eyes see.

ok , now i remember why the story so familiar.
The eunuch's son.: rofl:

Thanks: )
But cannot remember.
which emperor was this ?
really really bad, my memory.
how is it i can remember all the details.
but i cannot remember which dang emperor?


regards

ai yoi really cannot remember.
need check with old sima tomollo.
  • #44,809
  • Feb 5, 2014 4:56pm Feb 5, 2014 4:56pm
Quoting fti
{quote} ya ya with thoughts like that. same result. cher let, by 5 horses into 5 pieces. remember what goes around comes around? sharks, what a coincidence , horsees year. meow. ai yo close eyes see. ok , now i remember why the story so familiar. The eunuch's son.: rofl: Thanks: ) But cannot remember. which emperor was this ? really really bad, my memory. regards
it's made up, like jack and the beanstalk story.

if you really want to know which emperor though... then emperor joffrey
Attached Image (click to enlarge)
Click to Enlarge Name: Joffrey21.jpg Size: 255 KB


and while we are telling stories, please tell us more about the eunuch's son
  • #44,810
  • Edited 5:20pm Feb 5, 2014 5:03pm | Edited 5:20pm
Quoting 4tiger
{quote} it's made up, like jack and the beanstalk story. if you really want to know which emperor though... then emperor joffrey {image} and while we are telling stories, please tell us more about the eunuch's son
no is not made up.
i remember the lesson.
but only cannot remember which emperor.

is one of the early ones.
Long long time ago.

Dad may chop off my head for not remembering.

regards

ok tell me which emperor strangled his bother and sister to death? to assend the throne.

nevermind , tomollo i call sima.
if sima also forgot ,can chop off his head.
better still cher let him .
2 horsees enough.
these days horsees very expensive.
  • #44,811
  • Feb 5, 2014 5:19pm Feb 5, 2014 5:19pm
Quoting fti
{quote} no is not made up. i remember the lesson. but only cannot remember which emperor. is one of the early ones. Long long time ago. Dad may chop off my head for not remembering. regards ok tell me which emperor strangled his bother and sister to death? to assend the throne.
Oedipus or something? but no, that's Greek.

it's okay, fti. maybe it's marcus aurelius?
Attached Image
  • #44,812
  • Edited 6:13pm Feb 5, 2014 5:54pm | Edited 6:13pm
Quoting 4tiger
{quote} Oedipus or something? but no, that's Greek. it's okay, fti. maybe it's marcus aurelius? {image}
yincheng of Qin.
ya the early batch.
son of eunuch Lu puwei.

yaya, marcus aurelius, would you like to be exibit in fciti, bj?
many horsees this year.
They all very lepak, lacking display itenary.
  • #44,813
  • Edited 10:28pm Feb 5, 2014 9:45pm | Edited 10:28pm
Quoting 4tiger
{quote} Oedipus or something? but no, that's Greek. it's okay, fti. maybe it's marcus aurelius? {image}
ok . my last attempt help you.

To be very frank.
i already detected some of the attributes that will carry your downfall.

1. EGO. was very evident of it in your early posts.
you said you cat ask mouse beware.
but i thought maybe maybe not. because in written word only is hard get absolutely correct. so i say benefit of the doubt.
maybe a 1 off thingy.
But i begining to doubt i was wrong.

2. WINE. drinking will always be a problem if one has aquired the taste for it. BUT with discipline one may be able avoid disaster. I not want to say much about that. You manage that yourself. But all i know is 1 time you show me nice drinks is 1 time you drunk.

3.SMOKE. This one, kettle cannot call pot Black. so i no voice on this.

4.WOMEN. Already you know what i think of you attitude on this matter. You definately on the dark side from my perception of your persepective towards that.
Pray lillith not captures you and mauls you in her claws.

5. GAMBLE, I not very sure yet about your this attributes. ALl i can say is if you like gamble. Then you unsavable.

6.PERMEDITATIVE DECEPTION.
I cannot understand how when vic brought up a short story that he read that brings good attributes to living. and he shared with his friends. That you have capacity turn it into evil.
I did not realise that it was a passage from the lessons of eunuch emperor. But you see, they looking at the good attributes of the moral.
Yes , there is the dark side of that legend. And i think you already know the story and its outcome. Maybe you don't , as you pointed all spartican directions to side track. You seemed an intelligent person, but intelligence alone cannot cut it. Lots chinese and societies peeps thinks kindness is stupidity. Thats in fact a BIG problem. Takes a long time overcome.if ever they do.
In all the training i tried present, most important was attribute able use own brain on decision process.
the fomc incident already isvery clear that you not weigh the info in mind , but reactive even when the market signs otherwise. And again reactive to situation without stretegic respondse. You seem to be reactive personality. and if provoked will respond badly.
Thats why blow a hole loss because you reactive. reactive is not a bad thing per say, but without strategic thinking , one would have tendency be caught in a vice mindset. Only get tighter and tighter until breaking point.

I hope my accessment is incorrect of you.
In my mind these things i seeing that can and may be your achelles heel.
Is up to you.
Like i said. judgement only from written word may at times be inaccurate, but thats all i have to go on , and i feeling weary come to conclusion.
I just hope you a jesting personality and that what i detected is not so.

Anyway you seem have intelligence, so you adjust best you can.

Another thing is IB is not broking. Is preditorial business model and currupt.
There is no value added services, only abuse.
I not palatable to respect it. Many had tried in various ways on thread.
All i can say is , cannot succeed.

If you really want learn stuff, no one can stop you. Is all on thread already.
Take time read and understand.

But if you think you too smart, then we see how you go.
Like i said you intelligent. Is all your choices, same as your trades , they all your decisions. Don't ever try point finger blame anything or any one else.
Sometimes people err, but most unintensionally.
Premeditatively is very evil.
Never think revenge, that kind of attitute will hurt you more.
Will only dig hole deeper and deeper.

Think kindness, may just save one's life when it matters most.


regards
  • #44,814
  • Feb 5, 2014 10:27pm Feb 5, 2014 10:27pm
so now everyone is buying Aussie......

V
  • #44,815
  • Feb 5, 2014 10:48pm Feb 5, 2014 10:48pm
Quoting indianguyinny24
so now everyone is buying Aussie...... V
seems so vic.
1st signs came around 8650 real money buyers, then now the RBA also revised thinking that aud is on high end of threshold.
said will try keep rate low on tenure but ....."
hard find reason be bear.

read the RBA statement and respondse.

http://www.smh.com.au/business/marke...205-31zvp.html

regards
  • #44,816
  • Feb 5, 2014 10:50pm Feb 5, 2014 10:50pm
Quoting fti
{quote} seems so vic. 1st signs came around 8650 real money buyers, then now the RBA also revised thinking that aud is on high end of threshold. said will try keep rate low on tenure but ....." hard find reason be bear. read the RBA statement. regards

yup see it sir,

i am not trading so watching on sideline and expect some mroe fireworks around NFP coming this friday..which side i dont know .....

rba statement ...read it multiple times...they have become less hawkish about AUD now...now bcz if exchange rate they are worried about inflation....

V
  • #44,817
  • Edited 11:22pm Feb 5, 2014 10:57pm | Edited 11:22pm
Quoting indianguyinny24
{quote} yup see it sir, i am not trading so watching on sideline and expect some mroe fireworks around NFP coming this friday..which side i dont know ..... rba statement ...read it multiple times...they have become less hawkish about AUD now...now bcz if exchange rate they are worried about inflation.... V
The risk seem viered towards their lendings in china.
So long chnina economy is not contracting too rapidly. Non performing may not become issue.
Yes risk is higher, but there no sign say is bad, for mom.

so need keep weighing if reserves are appropriate for any write downs if need.
at the moment aud bull have the podium.

at the mom i not have trades, so not feeling the pulse.
except i bought some aud 8888 cash for , i don't even know what.
is a chinese thingy for new yera i guess.

8 = fatt = prosperity.
8888 is not easy come by, esp on CNY.
could be coincidence , could be panda works.

the charts, is like a rocket.
I not like block rockets and catching falling knifes.
try yield to the change, even the boss changed his mind.

remember we came down from 105
so 86 is very deep end .
not too picky if 85 can be seen.
try see from bigger pic perspective.
may be retracement, not know yet.
but no stand block a rocket.


regards

also was try see if usd bulls may show face.
but so far no show.
not have any feel when they may want show.
have until july 4
should not hold breath waiting. can turn very blue.
flow with the go.
for now all eyes on congress with their rock and a hard place.
will be lots drama in the bargaining.
so watch out for volatility overruns.
cannot blame them, many tier 1's geared for usd revival.
But no one can find the reasons do it in any meaningful way yet.
  • #44,818
  • Feb 5, 2014 10:58pm Feb 5, 2014 10:58pm
Quoting fti
{quote} The risk seem viered towards their lendings in china. So long chnina economy is not contracting too rapidly. Non performing may not become issue. Yes risk is higher, but there no sign say is bad, for mom. regards
Yup, me and eeryone was heavy short...and i had read something in market wizrd....

expect market to do what all the people least expect to do ...got proven again this time....

V
  • #44,819
  • Feb 5, 2014 11:25pm Feb 5, 2014 11:25pm
Quoting indianguyinny24
{quote} Yup, me and eeryone was heavy short...and i had read something in market wizrd.... expect market to do what all the people least expect to do ...got proven again this time.... V
ya it can even gets real crazy if overruns.
thats why banks never trades margined books.
i think some learned it the hard way.
use margin instruments, but never bust lines.

regards

any way your book back to flat.
Is ok cap intact.
don't make mistake for recover speedily.
if book drops in , with wrong mindset, can become rogue hor.
so stay cool like last time.
rememeber how it was when you +.
cool and easy.
never think do or die. unnecessary pressure.
creates bad dealing habits.

its just another walk in the park day.
  • #44,820
  • Feb 5, 2014 11:33pm Feb 5, 2014 11:33pm
Quoting fti
{quote} ya it can even gets real crazy if overruns. thats why banks never trades margined books. i think some learned it the hard way. use margin instruments, but never bust lines. regards any way your book back to flat. Is ok cap intact. don't make mistake for recover speedily. if book drops in , with wrong mindset, can become rogue hor. so stay cool like last time. rememeber how it was when you +. cool and easy. never think do or die. unnecessary pressure. creates bad dealing habits.

I will just do what i do good....will grind as we say here...book is intact i took the chance and i lost it...i wasnt unlucky i got outplayed....

Inserted Video


I learn t from the best ....

whats the song i did it may way....

i put it out there i took the hit (was it needed we can argue later) .... i did it my way....


now back to ant work and slowly build the book again....

V
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