Technical Analysis Fallacy | Page 2277 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #45,521
  • Edited 9:52pm Apr 2, 2014 9:37pm | Edited 9:52pm
whatsthe hurry?
is still asian sector yet.
and is not even friday yet.
i guess having 1.6750 on friday would be nice?
good buffer range?


regards
  • #45,522
  • Edited 10:45pm Apr 2, 2014 10:04pm | Edited 10:45pm
ok sushi time.
see ya later nice eating.

just help out those not understand allthe jibberish.
this headline flashed on wire at asian zone.

"INTEREST rates could increase ahead of the next General Election."..............iron lady.......boomberg

would be intersting have the weakest usd meet friday figs?
question is , how to do it after good soft usd figs? how?
tell me about you inspirations? scare the daylights out of the usd bulls? how?
show them mama usd bear?

attention all passagers, announcing possible arrival of giant mama usd bear at gate #&). eta 1 year.

ai ya lunch indigestion.

maybe this may help.

Inserted Video
  • #45,523
  • Apr 2, 2014 11:35pm Apr 2, 2014 11:35pm
little bird.
little bird sang,
sayonana is for the euro yen.
seems have some pain in the no sunlight is trying fool around there.
beware of crash.
I not think the euro will go anywhere yet, but usd/yen, , maybe 105 is possible.
but becareful no too BIG.

regards
  • #45,524
  • Apr 3, 2014 1:49am Apr 3, 2014 1:49am
Quoting fti
{quote} don't worry about wrong questions. no ones got right answers anyway. your question about time window expiry. time window is expectations. is sort of bias on market feels. How to know when bail out? if your girlfriend expected shows up at 7pm. and if no show by 7:15 how do you feel? if no shows at 7:30 how do you feel? if no shows at 8 how do you feel? if no shows at 9 what would you do? does that answer your question? but of course is hard bail out if you not prepared parachute. having extra gfs, that seldom helps. but of course...
thank you very much fti........i like the girl friend analogy. Just want to be sure i got it right,if it takes more than the usual time for it is to move.....that is if it does not act right.............am i right.............another one is do you use key level to know when to bail out......sorry for too many questions..................
  • #45,525
  • Apr 3, 2014 6:26am Apr 3, 2014 6:26am
Quoting fti
looking at where crosses standing, may have chance find sucker. if crosses weaken , be careful of stampede. is calculated risk. so calculate your size properly.

Hi fti,

Could you elaborate on what you mean by this comment you made the other day..? What is it about the crosses that gives you this insight.?? Thanks.!
  • #45,526
  • Apr 3, 2014 6:42am Apr 3, 2014 6:42am
Quoting carbonado
{quote} thank you very much fti........i like the girl friend analogy. Just want to be sure i got it right,if it takes more than the usual time for it is to move.....that is if it does not act right.............am i right.............another one is do you use key level to know when to bail out......sorry for too many questions..................
what key levels you talking about?
key level is where market is at right NOW.
anything else is just your imagination at work.
the now bid and now offer is the key level for you decide what you want do.
Is a matter of peeps too smart for their own good.
everybody has opinion, normally it stinks.

regards
  • #45,527
  • Edited 7:23am Apr 3, 2014 6:44am | Edited 7:23am
Quoting Acs_112
{quote} Hi fti, Could you elaborate on what you mean by this comment you made the other day..? What is it about the crosses that gives you this insight.?? Thanks.!
whatmeans is they pushing euro for top and holding waiting for short peeps cut loss, or trigger ducks.
if euro crosses loses the underpin then all euro offers collapses on them.
they using the euro crosses underpin to stand there.
otherwise who has the balls stand at the high for such long time.
is called bargaining.
see who s.
if fail trigger ducks, and euro crosses lost its legs, then they need jump ship. otherwise i eat them for dinner.
even not trading can eat them. they too ambitious.

You couldn't see when the euro crosses weaken , the euro kaputed? on your charts.
you need to observe this sort of things.
otherwise whats point babysitting?
whats eyes watching? what 's mind thinking?

you have been around a long time.
these stuff should already be second nature to you.
Just reanalyse chart again mark the spots and rethink what happened from hindsight as its already happened.
Also think what would had been your opions and strategies if they successfull ran the stops.

Your brain can actually out think computers. Is much faster because it operates in analog mode.
many thinks processed in an instance, because its not operating in 1 track mode.
You just got to let it work. Not keep impeeding its ability tell you stuff.
Never interrupt your brain processes with logic.
Your brain is in fact smarter than you. But of course you gotta train/ask it work.
Otherwise it becomes couch potato.

Just realise, the peeps running 30 frame per second pictures on projectors and you brain never even misses 1 frame for up to 45 minutes.
After that, mouth tells brain is time go for snack or something else.
general attention span is about 45mins, after that need refresh. clear ram cache.

i train brain have a little more cache than normal peeps.
no need hardware. just need teach brain extend cache.
how many pages you can read per minute?

but of course no ask for perfection.
sometimes read 5 pages. then the girl resurfaced.
oops didn't she fell off cliff in page 1.
where did she come from?
oops forgot in page 3, romeo in dirty armour saved her, small paragraph.
how come?
oh because dog barked, and focus shifted a while.

regards

you know i have 1 friend.
after listen a song 2 nd time , she can sing it already.
she trained her brain become tape recorder.
but of course only songs she likes and have synergy with her.

humans have all these abilities.
mostly trained not to use it.
Do you drive?
do you think about driving processes when you drive?
you trained it as a natural process.

reread thread.
  • #45,528
  • Apr 3, 2014 7:28am Apr 3, 2014 7:28am
everyone waste energy think, this the right way that the wrong way.
you mind already knows what to do in all circumstances.
its reflex is faster than most things humans may invent.
just keep educating your mind, and it will do whats right, if you program "be profitable.
no need be right always.
just be profitable.

you add more skills sets the mind learns.
what not profitable dump it.
just keep on profitable track.
be the best you can be.

even fingers have long short.
just accept that.
when peeps tell you stuff.
think from their perspective , not from your perspective.
your perspective your mind already knows.
before you decide which colour to buy , you mind already knows your perference.

regards
  • #45,529
  • Edited 7:57am Apr 3, 2014 7:42am | Edited 7:57am
ever seen woman buy shoes?
they think 5 hours , still cannot decide which shoe to buy.
Me i just need scan across, and i already bought.
if i find not ok.
i dump and in 10 seconds bought another shoe.
anyone believes , if you think for 5 hours , you will buy correct shoe?


regards

is same in markets, it keeps going you keep buying or selling.
scan see whats the relationships in play.
if they play positions against you , surprise them with speed.
either try rescue it or dump the pain and get on the running horse.
then watch analyse.
whats forming, whats possibilities, what strategy use.
do and access again what s happening now, whats she doing.
not think what you want to do.
think whats happening.
whats its impact on book.
think respond , think respond.

when one gets enough experience. it sneezes already you handed the tissue.
  • #45,530
  • Apr 3, 2014 7:57am Apr 3, 2014 7:57am
Quoting fti
everyone waste energy think, this the right way that the wrong way. you mind already knows what to do in all circumstances. its reflex is faster than most things humans may invent. just keep educating your mind, and it will do whats right, if you program "be profitable. no need be right always. just be profitable. you add more skills sets the mind learns. what not profitable dump it. just keep on profitable track. be the best you can be. even fingers have long short. just accept that. when peeps tell you stuff. think from their perspective , not...
Wow fti your generosity knows no bounds, I roam the forum and stumble in here once again, and once again here you are spitting out the truth with no quest but to quench thirst and fill hunger.. You are truely an inspiration. But this will be my only post because in this digital world my mind gets easily side tracked and I don't wish to say any more than the above.

Such a trader, but what a guy

http://m.youtube.com/watch?v=-SxhH5wZeN8
Howlin' at the Moon on the Roof
  • #45,531
  • Apr 3, 2014 8:11am Apr 3, 2014 8:11am
Quoting Wolf_Wicked
{quote} Wow fti your generosity knows no bounds, I roam the forum and stumble in here once again, and once again here you are spitting out the truth with no quest but to quench thirst and fill hunger.. You are truely an inspiration. But this will be my only post because in this digital world my mind gets easily side tracked and I don't wish to say any more than the above. Such a trader, but what a guy http://m.youtube.com/watch?v=-SxhH5wZeN8

about analysis.
analysis is bird's eye view.
BIG picture.
how to position for the kill.
when you dancing already book becomes bias,
mostly need see if you behaving rational to market gyrations.
if you too bias and position build up without showing profits, then adjust accordingly.

More experience, better pic.
its only that.
Don't try trade my book, trade yours.
I only trying show you what i detecting.

regards
  • #45,532
  • Apr 3, 2014 8:21am Apr 3, 2014 8:21am
Quoting fti
everyone waste energy think, this the right way that the wrong way. you mind already knows what to do in all circumstances. its reflex is faster than most things humans may invent. just keep educating your mind, and it will do whats right, if you program "be profitable. no need be right always. just be profitable. you add more skills sets the mind learns. what not profitable dump it. just keep on profitable track. be the best you can be. even fingers have long short. just accept that. when peeps tell you stuff. think from their perspective , not...
Hi, fti,

is the process similar to the process of learning the way of the sword in ni tou ryu school of japanese sword styles?
To train till one is able to react to situations as if it were second nature, and the sword, an extension of the arm?
  • #45,533
  • Apr 3, 2014 8:25am Apr 3, 2014 8:25am
Quoting CookieMonsta
{quote} Hi, fti, is the process similar to the process of learning the way of the sword in ni tou ryu school of japanese sword styles? To train till one is able to react to situations as if it were second nature, and the sword, an extension of the arm?
for retail trading, mostly is train finger.

regards

ai ya this fti.
is actuially training mind. clear and uncluttered.
then skill sets , analysis and mm.
strategy sets.

we only as good as our last trade.

regards
  • #45,534
  • Apr 3, 2014 8:27am Apr 3, 2014 8:27am
Quoting fti
{quote} for retail trading, mostly is train finger. regards
hi fti,

true true.
  • #45,535
  • Apr 3, 2014 8:30am Apr 3, 2014 8:30am
while we speaking,
the euro crosses are going ,
bringing euro along.

tomollo have important us figs.
so don't be too adventurous.

but at least make some $ and do whatever you like with it.



regards
  • #45,536
  • Apr 3, 2014 8:41am Apr 3, 2014 8:41am
Quoting fti
{quote} whatmeans is they pushing euro for top and holding waiting for short peeps cut loss, or trigger ducks. if euro crosses loses the underpin then all euro offers collapses on them. they using the euro crosses underpin to stand there. otherwise who has the balls stand at the high for such long time. is called bargaining. see who s. if fail trigger ducks, and euro crosses lost its legs, then they need jump ship.
Thanks Fti,

I took a small break from trading as i had some emontional problems with a girl friend of mine that messed with my head. was unable to focus and began making mistakes. so thought best to take a break. I always find it can help also to take some time away and let things absorb, come back fresh and stronger.

Without any institutional experience i think its very hard to understand the dynamics of what is going on at this level. Your comments do help very much and give an insight into things from the way you talk about it. I think i would gain huge benefit if i can further my understanding on this level. If there is any reading you can recommend to help with this understanding i am very interested. I am already starting to re read the thread again from beginning.

I think i understand what your saying here. But Would you be able to talk about how they use the crosses to underpin there trades. Im not sure how it works? Sorry if my understanding seems trivial .

I completely get what your saying about training the brain. I have a friend who is pitch perfect, he can even tell you each note played in a chord. People think its a gift or natural talent but its completely a trained thing. He said when he was younger it was his cello teacher that gave him this gift by making him learn to hear the notes and the difference between each tone and semi tone while tuning his cello. He said to learn it you should get a C pitching fork and keep hitting it over and over. Eventually you will learn to hear C and then work on trying to hear 1 tone above that and 2 tones above etc. Eventually move onto hearing the difference of a semi tone above etc.

It is amazing what the brain can do if only we know the process to train it.
  • #45,537
  • Apr 3, 2014 8:43am Apr 3, 2014 8:43am
Quoting fti
{quote} rocket badly manufactured. ran out of gas and crashed in sea. this not time to think. all the thinkings already finished. this time watch and respond. we know from chart 1.3895 to 1.3915 is bad position sit. the accumulation was 1.3770 now may be will defend 1.3780 and higher. otherwise big crash. watch and focus what they doing. Is probably BIG bunch scalpers bought the alamo zone. may just had peed. will looking for chance accumulate again unless BIG speculator buys lots rocket fuel. but at these level , hard find that sucker. so accumulate...
Hi FTI;

Can please explain the Alamo zone? Very thankful for all your lesson.
  • #45,538
  • Apr 3, 2014 8:53am Apr 3, 2014 8:53am
Quoting Acs_112
{quote} Thanks Fti, I took a small break from trading as i had some emontional problems with a girl friend of mine that messed with my head. was unable to focus and began making mistakes. so thought best to take a break. I always find it can help also to take some time away and let things absorb, come back fresh and stronger. Without any institutional experience i think its very hard to understand the dynamics of what is going on at this level. Your comments do help very much and give an insight into things from the way you talk about it. I think...

noted.
ya girls have a way bring stuff.
is ok.
just gotta deal with it and move on.

tuning fork.

Train brain is easy, train humans is difficult.
Is easy, trust God and allow messages come thru.
Live and learn, be kind to others and be kind to self.
Brain will tell you when feels good.

regards
  • #45,539
  • Apr 3, 2014 8:54am Apr 3, 2014 8:54am
Quoting doddy
{quote} Hi FTI; Can please explain the Alamo zone? Very thankful for all your lesson.
what you want to know?

regards
  • #45,540
  • Apr 3, 2014 9:00am Apr 3, 2014 9:00am
Quoting fti
{quote} tuning fork.

Hahaha Yes tuning fork thats it.!!
1 trader viewing now