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Technical Analysis Fallacy

  • #45,821
  • Apr 16, 2014 12:25am Apr 16, 2014 12:25am
But Sir ... custy was yawning cos the tick tuck tick tuck took too long ... he lost interest

I think I better buy you a new calculator !

wait ... b4 you say another word ... I go to wash room first ! (automatic )

Rgds k-b
  • #45,822
  • Edited 12:39am Apr 16, 2014 12:28am | Edited 12:39am
Quoting trad8
But Sir ... custy was yawning cos the tick tuck tick tuck took too long ... he lost interest I think I better buy you a new calculator ! wait ... b4 you say another word ... I go to wash room first ! (automatic ) Rgds k-b

good robot. credit for programmer.
and remember close door.

can some one pls escort him to target .
after he in, take his access card. revert at end of shift.
and put cleaning in progress triangle at door.


go

lovely , my dealers.
what my sins lord. punish me this way.
regards
  • #45,823
  • Apr 16, 2014 12:51am Apr 16, 2014 12:51am
be very careful.
stones hot.
wait the e_b boss come into markets, see who's bigger.

but since they start buffet , eat some lor.
but no rushing, be choosy what eat.
easy put in , difficult dig out.



regards
  • #45,824
  • Apr 16, 2014 12:57am Apr 16, 2014 12:57am
Quoting fti
{quote} wah toilet detail , you complain hor. is because you read all wrong. just view as the pain is giving instructions to team. toilet detail is not punishment, is to give good thinking environment. ahhh, why would pro traders want find you? you mean there is shortage? only good ones my friend, only good ones. must know trade good terrain , also must survive bad terrains. if bad terrain , easily upset. very easy fall into traps. regards
Me no complain lah, go toilet still get basic and can calm mind, gd for the mom but also no want stay too long there become log. Aiya me need find other point of access need go thru some trouble lah. And if pro traders somehow would like know if me is alive and kicking then know where find Me only know able find pro traders her
THE ALL is MIND; The Universe is Mental
  • #45,825
  • Apr 16, 2014 1:07am Apr 16, 2014 1:07am
wah is very firm.
and is across board.

e 1.3810/20 seems very pivotal.

wah nikkei up big
so which means peeps paniced for little cause.
so trend is lunch dates is good thing.
  • #45,826
  • Apr 16, 2014 1:19am Apr 16, 2014 1:19am
Quoting Jacque
{quote} Me no complain lah, go toilet still get basic and can calm mind, gd for the mom but also no want stay too long there become log. Aiya me need find other point of access need go thru some trouble lah. And if pro traders somehow would like know if me is alive and kicking then know where find Me only know able find pro traders her


regards

maybe this can help a bit.
  • #45,827
  • Edited 2:22am Apr 16, 2014 1:21am | Edited 2:22am
Quoting Jacque
{quote} aiyo why on me? me is small ikan in big sea leh! actually me feel a bit scared, could they it be when the page appeared, they still my login? where is safe? guess there is no where! oh regarding bright lights info, me got a 12ft container worth of them on locked away on the moon, thats y moon so bright. when cant see at night, there's the moon. these are good stuff for the harkers, helps them see clearly. anyone can help ship back to me? ok, some qns on the commentary and terms used, just clarify my understanding, would...
00

bidding 00

market doing 02/04
i bid 03

show all offers : asking all dealers show where the offers on their counterparty consoles.

preparing to lift offers.

given 03 for large

so dropped bid to 00.

nothing given at 00

so bid 02/04 offer

then made wide price 01/04

was taken 04

made market price 02/05
while checking position clerk how many did the buyer at 04 bought.

then asked for all dealers call out for prices.

signaled clear store space, means i urgent buyer. off mean don't sell or buy anything they trying to hit.

made 01/04 to attract market sellers.

they showed at 03

bid 03/05 offer ( this will mean all 03 offers i take)
then made market 04/06

showing market i willing buy at 04.

regards

here how 1 team is setup, all responding to dealer instructions simulteneously.( 4 basic teams in different rooms.normally 2 larger teams and 2 smaller teams, 3 shifts)
when moving will be moving at least 20 banks simulteneously. hit % is 60+% miss % 30%
position clerks always ready report consolidated net. have multiple clerks so accuracy of position good.
any discrepencies they check each other.

when dealer not on , teams operateing currency independently under senior instructions.
Attached Image
  • #45,828
  • Apr 16, 2014 2:06am Apr 16, 2014 2:06am
time for bed...today score was 0.5%.....again on demo trades....better profit then loss...

V
  • #45,829
  • Apr 16, 2014 2:07am Apr 16, 2014 2:07am
Quoting indianguyinny24
time for bed...today score was 0.5%.....again on demo trades....better profit then loss... V
goodnite


regards
  • #45,830
  • Apr 16, 2014 2:45am Apr 16, 2014 2:45am
Quoting fti
{quote} ok you get job, position clerk. no poblem. regards
baby sitting 20h save 3 position close @ 1.3839 with green 20
don't predict direction, but dance with flow of water
  • #45,831
  • Edited 3:02am Apr 16, 2014 2:50am | Edited 3:02am
Quoting priceaction1
{quote} baby sitting 20h save 3 position close @ 1.3839 with green 20

go buy gf a nice dress. with matching shoes.
tomollo work 40 hrs. get 8 hrs sleep should be enough?

ai ya this fti is slave driver.

regards
  • #45,832
  • Apr 16, 2014 3:12am Apr 16, 2014 3:12am
FTI

Do you believe in "TREND" , so call Monthly , Weekly or Daily ..... ? Dancing keeping in mind monthly or weekly or daily Trend does this concept as a meaning in your MO , or not at all .. just dancing the waves ...?

Cheers
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #45,833
  • Edited 4:42am Apr 16, 2014 4:23am | Edited 4:42am
Quoting landsat
FTI Do you believe in "TREND" , so call Monthly , Weekly or Daily ..... ? Dancing keeping in mind monthly or weekly or daily Trend does this concept as a meaning in your MO , or not at all .. just dancing the waves ...? Cheers
define trend.
means different things to different peeps.

if you have time. there was lots discussions about it in the begining of the thread.
short answer .
if you can work what you mean is a trend , then is meaningful.
otherwise is just clever talk.

you know alot of middle managers, they like talk generally. so that its all meaningful to peeps in different form.
but mostly peeps have different definations and everyone thinks they all talking about the same thing.

Is like ask peeps , do you have a pet?
the serious peeps try find out what kind of pet?
playboy bunnys are also pets?
If we have a pet owners association, can we offer them membership?


regards

about the daily weekly monthly trend stuff.
every one knows, for a month trend to exist, it would has life in the weekly domain.
similarly a daily domain.
so whats purpose of having so many?
1st wife 2nd wife 3 wife?

when trading trading in daily scope, if thngs not work go weekly , then monthly then anually then decade.
from trader to investor, whats the meaning to the trade?

if have price, make all sorts averages for them cross here , ooops cross, there. cross here then cross back.
only because not know self decision process.
,
  • #45,834
  • Apr 16, 2014 5:02am Apr 16, 2014 5:02am
FTI


As usual .... a wake up call ... "only because not know self decision process."
My tentative trend dedifinition is about Basic Gann Angle .... if i can draw on daily a trendline of let say 45 degres i got something that i call "Trend" ...

Cheers
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #45,835
  • Apr 16, 2014 5:11am Apr 16, 2014 5:11am
FTI

The purpose of my "Trend" issue is about to reduce risk when entering a new position.
I don't try to predict any intraday movements , (certainly not from indicators and not with my thinking capacity . but i try to enter with minimal risk and let the market show me its intentions , and based on this i will try to dance , (attack or rescue , if rescue is appropriate).

Regards
Logic will take you from A to B Imagination will take you anywhere (A.E)
  • #45,836
  • Apr 16, 2014 5:24am Apr 16, 2014 5:24am
Quoting forexalien
{quote} You saw my UFO once ? LOL
Well I figured it wasn't such a UFO to you... But yes, just the once.. A few days later there was an article about an elderly couple up North who had to stop their car on the highway as a massive object with lights blocked their path... This confirmed my suspicions that it was not the ganja playing tricks on me.

Good Day sir

Inserted Video
Howlin' at the Moon on the Roof
  • #45,837
  • Apr 16, 2014 5:28am Apr 16, 2014 5:28am
Quoting fti
{quote} oh you feeling that too? ya after the orders arbitarged thingy, peeps seems risk adversed. is nice there no panic, but i get naggy feling peeps looking out opportunities spend off their holdings. maybe need follow em. instead buy xyz stocks, buy gfs big diamonds , and hope investment not turns sour. maybe small stone investments turns sours, hope big stones not. Only wayfor that happen is buy big stone for mom, buy small stone for gfs. actually they can't tell if is stone or glass. unless they have the spotlight. spotlights seems...
It was like a flying football stadium, long time ago now..

yes AU looking like a good buy now, maybe a bit lower though..

I think the less you click your mouse, the better trader you probably are>? Or perhaps the less I click my mouse the better trader I am..


Inserted Video
Howlin' at the Moon on the Roof
  • #45,838
  • Apr 16, 2014 6:20am Apr 16, 2014 6:20am
Quoting landsat
FTI As usual .... a wake up call ... "only because not know self decision process." My tentative trend dedifinition is about Basic Gann Angle .... if i can draw on daily a trendline of let say 45 degres i got something that i call "Trend" ... Cheers
a 45 gradient is the mean line of any chart. Is the middle divide between the upper zone and the lower zone.
but depending on where the origin of the source. it becomes a divide from that source.
and if one like draw these divides from tops and bottoms one will keep getting additional divides as sources are marked.
these lines runs into infinity.
and if one draws enough of them.
one gotta be right.
same as curve fitting.
question is which one?

regards
  • #45,839
  • Edited 6:58am Apr 16, 2014 6:23am | Edited 6:58am
Quoting landsat
FTI The purpose of my "Trend" issue is about to reduce risk when entering a new position. I don't try to predict any intraday movements , (certainly not from indicators and not with my thinking capacity . but i try to enter with minimal risk and let the market show me its intentions , and based on this i will try to dance , (attack or rescue , if rescue is appropriate). Regards
In so far as risk is concern, buying euro at 1.25 and buying at 1.4 has same risk.
only the perceived risk profile may defer.
but perceived risk needs one make assumptions.
the reason why peeps lose on trades is mostly because of.............wrong assumptions.
and a line isn't going make a wrong assumption right.
where the analysis value?

one can wait for it go to next line , but what makes next line correct?
need assume again.

one day you may just get the right line.
but question is what is state of book when that is found.
assuming that we can find the correct line.

you may like think of this from a probability aspect.
what is the probability of the outcome of an event that has a less than 50% probability of occurrence.
so why can't the outcome of an event be 100 reds and no blacks?
but in law of series, an event cannot be infinite.
really?
is just rare.
Just pray it not happens on one's watch.


regards
  • #45,840
  • Apr 16, 2014 6:54am Apr 16, 2014 6:54am
Hi, everyone at TAF,

how have you guys been?

Just had a taste of live trading, was a totally different beast from demo.
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