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Technical Analysis Fallacy

  • #46,621
  • Edited 12:40pm Jun 6, 2014 12:30pm | Edited 12:40pm
Quoting trad8
{quote} Hi Chief, Those that do not know the treasure here is a greater fool. Need the Thank you again! Need to khoon now. You know my routine lah .... Goodnite! http://www.youtube.com/watch?v=K4bsggAC1u4 http://www.youtube.com/watch?v=Uvft7LWnVxw Regards,

oh yes your routine.
where the 3rd same number?
break routine hor.

wah 1st tiime i see the kings cry.
only know 1 commited suicide. jumped from hotel room.

this the one?


regards
  • #46,622
  • Jun 6, 2014 12:39pm Jun 6, 2014 12:39pm
Quoting fti
{quote} oh yes your routine. where the 3rd same number? break routine hor. regards
phew ! was thinking of slacking .... you have high standards to keep up

luckily I survive tonite

Regards,
  • #46,623
  • Edited 6:24pm Jun 6, 2014 12:46pm | Edited 6:24pm
Quoting trad8
{quote} phew ! was thinking of slacking .... you have high standards to keep up luckily I survive tonite Regards,

you surprised me,
did very in depth research.
good form.

Good nite , sleep well.

regards

oh by the way,
didn't answer your question.
that dealer if he followed his bias and held the $10 for at least 5 mins.
if he in my room , immediate lines off. and suspended for show cause not square down to book lines.
get hit larger than line is no cause to hold.
hold more than 5 mins , is sayorana , jangan marah.

Normally if juniors hit more than his line, senior dealer steps in take slack.

correct protocol is cut $8 at next price. square down to $2 immediately in markets, no excuses entertained.
sorry dealing with money need have very high standards of best practises.
No ifs, eeeee aaaaa's entertained. esp buts

if have buts , i alsohave 1 maybe is more sexy but.

any deal mistakes revert/correct immediately, that is the standard.
no one is allowed gamble/risk more chips than his stack. period.


regards
  • #46,624
  • Edited 9:24pm Jun 6, 2014 8:21pm | Edited 9:24pm
Thinking about bitterness that life creates for the living.
here watch a song writers tears. the struggles.

Thank You to ChenJia for sharing.
bitter wine added kopi

and such meaningful song writing.
songs of life.
ai ya so unfortunate no subs.


Inserted Video


regards
  • #46,625
  • Jun 6, 2014 9:27pm Jun 6, 2014 9:27pm


Inserted Video


regards
  • #46,626
  • Jun 6, 2014 9:40pm Jun 6, 2014 9:40pm
Quoting fti
{quote} you surprised me, did very in depth research. good form. Good nite , sleep well. regards oh by the way, didn't answer your question. that dealer if he followed his bias and held the $10 for at least 5 mins. if he in my room , immediate lines off. and suspended for show cause not square down to book lines. get hit larger than line is no cause to hold. hold more than 5 mins , is sayorana , jangan marah. Normally if juniors hit more than his line, senior dealer steps in take slack. correct protocol is cut $8 at next price. square down...
Thank you I was wondering what you would do .... those are deep cuts, lines must be tight.
Makes for better fishing when lines are tight.

All the best for 2014.
Rgds sir,
J
  • #46,627
  • Jun 6, 2014 9:41pm Jun 6, 2014 9:41pm
Quoting fti
Thinking about bitterness that life creates for the living. here watch a song writers tears. the struggles. Thank You to ChenJia for sharing. bitter wine added kopi and such meaningful song writing. songs of life. ai ya so unfortunate no subs. http://www.youtube.com/watch?v=A_eqfIsBZtc regards
Inserted Video
  • #46,628
  • Jun 6, 2014 9:59pm Jun 6, 2014 9:59pm
Quoting jacson101
{quote} Thank you I was wondering what you would do .... those are deep cuts, lines must be tight. Makes for better fishing when lines are tight. All the best for 2014. Rgds sir, J
wow.
hihi friend.
longtime no see.

all the best 2014 for you too, sir

regards
  • #46,629
  • Edited 11:02pm Jun 6, 2014 10:04pm | Edited 11:02pm
Quoting trad8
{quote} http://youtu.be/Y8h9RJz5b_0

nice.
may i ask since you know about them.
I know what black sheeps do.
But what does black ducklings?
I had been wondering for long long time.
I have their 2 tribute albums.
This new, quiet good , yes? Black Ducks.

regards

so now u know who wrote that beautiful song?
the sweetness came out of lots bitter sufferings.

They sing beautifully these 3 ducklings.
Is such a sad song, but it sounds so happy.
Pleading for peace, China had been at war for how many thousand years?
Hopefully peace will last this time.
and the sound engineering very clean. natural sounds

i just got a vision.
trade8 's on his way to adelphi again
walk carefully hor, i don't think you got much sleep.
  • #46,630
  • Jun 7, 2014 2:35am Jun 7, 2014 2:35am
Quoting RelaxRay
time to kick broker ass, disconnected every single min for last 20mins what the ?! hate to set tp and sell limit for safety
Before you kick broker, maybe confirm it is the broker at fault and not the network route to your broker. I've had faulty internet routers play havoc in the past. If it is the internet at fault you may become frustrated with a many brokers.
  • #46,631
  • Jun 7, 2014 3:53am Jun 7, 2014 3:53am
Quoting FFBinary
{quote} Before you kick broker, maybe confirm it is the broker at fault and not the network route to your broker. I've had faulty internet routers play havoc in the past. If it is the internet at fault you may become frustrated with a many brokers.
thanks for the heads up FFBinary, I have on two platforms, at the time. one was fine, other wasnt..


@FTI,
this making price game, is of great interest to me.
Fall in love with the process, and the outcome takes care of itself.
  • #46,632
  • Jun 7, 2014 4:56am Jun 7, 2014 4:56am
Quoting RelaxRay
{quote} thanks for the heads up FFBinary, I have on two platforms, at the time. one was fine, other wasnt..
Ah ok, good stuff. You have it all under control. Best contact them see if they are aware and working on upgrades.
  • #46,633
  • Jun 7, 2014 5:41am Jun 7, 2014 5:41am
Quoting fti
{quote} nice. may i ask since you know about them. I know what black sheeps do. But what does black ducklings? I had been wondering for long long time. I have their 2 tribute albums. This new, quiet good , yes? Black Ducks. regards so now u know who wrote that beautiful song? the sweetness came out of lots bitter sufferings. They sing beautifully these 3 ducklings. Is such a sad song, but it sounds so happy. Pleading for peace, China had been at war for how many thousand years? Hopefully peace will last this time. and the...
Hi Chief,

I not know alot of things. I just follow the flow and only know after that.

Only ducks are know are those waiting to be swept But these ducks did swept me away. Nice hor ...

Never knew such a happy song has a sad history as well.

Thanks for sharing again

Regards,

resisted ... your vision almost came thru

Actually I was thinking, my generation and onwards have never been tested with the hardship other people has gone thru

We will never understand. I think never take things for granted
  • #46,634
  • Jun 7, 2014 5:55am Jun 7, 2014 5:55am
someone very fondly remembered during the 80's in the little red dot

Victor Khoo lost the battle to cancer .... RIP

http://news.asiaone.com/news/showbiz...oo-dies-cancer

Inserted Video


Regards,
  • #46,635
  • Edited 9:38am Jun 7, 2014 9:09am | Edited 9:38am
Quoting fti
{quote} no la you bailing me out. i show you how to escape. you suppose go brokers bid 00 I will sell you 100 mio @ 00 5x then market will report 00 given large. then jacque will need cut otherwise his cost above 00 and size will kill his book. this called scratching. jack break even his 500 mio @00 but his 1 mio at 50 is deep dead in water. is because i know where market is. he didn't, but made a price, so now he caught . can understand? is my market. I put song out was free. so i know where market. he enthusitic because saw trad8 bid 50 so i had...

wah, i lost $1 at 50.. dead in waters ok a few questions me would like to ask

first - why spefically sell 5x of 100mio? and how does mkt reporting works? if the purpose of sell 5x is to make mkt report someone selling large at 00, then, does it mean the act of buying 1b 1x at 00 from trad8 will not invoke the same kind of reporting ? i.e. 00 taken large.

second - after mkt report 00 given large, me have to cut loss. is the reason me have to cut loss due to the fact that the mkt only reported larger seller at 00 from the 5x selling of 100mio and no one is buying and it would mean mkt would soon drop below 00 and thus i would have to cut due to me having too large a book size?

third - if me not cutting loss, it means me would need find a partner to take my offer of 01 and push it up to show large buying interest to squeeze trad8. since i have 1mio at 50 and 500mio at 00, my avg is 0.1 per mio. thus for eg, i can use same strategy as you and make price 00/02 and get partner to take 02 for 1b. then buy 100mio 5x from him at 00/02 to make mkt report 02 taken large .

or me can up the game and get him to take my 02 for 1b, 03 for 100mio, 05 for 300mio, 10 for 600mio , then me buy back 1.5b from him at the same price to sq off at no loss and mkt will show nice candle up, break lines up there and get peeps to buy from me partner high up there or get you guys to cut loss

worst case is i become maniupulatr and rouge trader with my partner and show up in the news

also, would like calrfiy my understanding from the telex convo that trad8 had with you previously: post 46470 http://www.forexfactory.com/showthre...7639&page=2324

me understanidng is:
- trad8 made 40/60 and close up to 43/55. moved bid 3 points and offer 5points. moved offer more than bid. most likely he wants to sell, long position between 43 to 55.
- u didnt deal with him at 43/55 and instead quote 50/55. you wanted buy but current mkt only have 55 for sale, thus you raise bid to 50 to get sellers into the mkt. most likely, you have short position ard between 50 and 55.
- then you close up to 53/55 means short position is between 53 to 55
- "no hold my offer too long hor". - me not very sure on this but if guess then, this most likely means if he wants to buy from you, pls dont wait too long to take you because seems many buyers in mkt?
- trad8 sold to you at 50. his long most likely was bet 43-50. he then make price 49/54 for $20. he has squared off long & turn short at 50 or sold partially. but if he bear and turned short at 50, why make price at 49/54 with bid too close to short cost and offer too far? if he move bid more than offer, than that could indiciate he desparate to buy thus, he just wanna buyback his shorts at 49 for a quick scalp? however, if he he truley bearish and not looking for scalp, shd a nice px be 47/49? if he only sold partially and then made px 49/54 for wahtever reason, his long would be bet 49-50.

- trad8 maede 49/54 and you took 54 to square off your short position and turned long and made 54/57 to shade trad8 or if you only buyback partially, it could be a case where you want to scratch the rest at 54 because mkt is bias towards long and you want short at higher px . however, what does the for large behind means? it is mean you would can make large vol at 54/57?


thank you
THE ALL is MIND; The Universe is Mental
  • #46,636
  • Jun 7, 2014 1:27pm Jun 7, 2014 1:27pm
Quoting RelaxRay
{quote} thanks for the heads up FFBinary, I have on two platforms, at the time. one was fine, other wasnt.. @FTI, this making price game, is of great interest to me.
IT is great but the standards still unreliable. Without robust archieving, is not viable storage and reliable use.
reasons why i still prefer to deal with a person than a machine.
The person dealing with me he cannot hide from me.
Behind machine dealing with me is a person there hiding, no accountability. Is not all. but my experience is peeps have tendency use machine as their loser's limp. hides behind it alot.

The problem with retail tickets is no one would give it much attention. not marketable.

Oh if you interested in the price games, take courses .
Its called bourse games. FX bourse games are fun. But be aware when things becomes good. everyone trys use its name.
Make sure real pro traders runs these games.
Banks they have their own training centers runs these games for in-house dealers training.

regards
  • #46,637
  • Edited 3:04pm Jun 7, 2014 1:32pm | Edited 3:04pm
Quoting trad8
{quote} Hi Chief, I not know alot of things. I just follow the flow and only know after that. Only ducks are know are those waiting to be swept But these ducks did swept me away. Nice hor ... Never knew such a happy song has a sad history as well. Thanks for sharing again Regards, resisted ... your vision almost came thru Actually I was thinking, my generation and onwards have never been tested with the hardship other people has gone thru We will never understand. I think never take things for granted
smooth,
Ya lots ducks in markets.
But these 3 very special.
I hear they improved so much from their earlier works.
Is nice see things improving. they made great strides, can feel it in the music.

Inserted Video


thats why i always try be kind, mostly we cannot see peeps struggles.
Thats of course when i not cranky.
Remember desiderata?

regards
  • #46,638
  • Jun 7, 2014 1:39pm Jun 7, 2014 1:39pm
Quoting trad8
someone very fondly remembered during the 80's in the little red dot Victor Khoo lost the battle to cancer .... RIP http://news.asiaone.com/news/showbiz...oo-dies-cancer http://www.youtube.com/watch?v=K5IQj3zmOu8 Regards,

ai ya lost a good showman.
with victor around charlee was only piece of wood that was most entertaining.
Haven't see a gig recently come any close. He was big hit in our annual D&Ds, long ago.

ai ya everyone's leaving.
Sad but thats the reality of life.
nothing/noone last forever.

RIP victor.


regards
  • #46,639
  • Edited 2:36pm Jun 7, 2014 1:42pm | Edited 2:36pm
Quoting Jacque
{quote} wah, i lost $1 at 50.. dead in waters ok a few questions me would like to ask first - why spefically sell 5x of 100mio? and how does mkt reporting works? if the purpose of sell 5x is to make mkt report someone selling large at 00, then, does it mean the act of buying 1b 1x at 00 from trad8 will not invoke the same kind of reporting ? i.e. 00 taken large. second - after mkt report 00 given large, me have to cut loss. is the reason me have to cut loss due to the fact that the mkt only reported larger seller at 00 from the 5x selling of...

Wah i see your post.
1st though.
"where do I begin?"
Inserted Video


1. no reason why was 5X, but i guess 5X would get your attention.
In fact in real life would be a contineous process until some one loses cool and interjects into price.

2. Like I said before. when prices ranges moves means someone knows something.
i never stand in front of flow. never know if is a piss or a tsunami. Respond depends on the terrain and situational feel as at.

3. you gat caught samll $1 and you want take out the big guns?
you didn't realise .
the 500 mio was because you was not specific, when you said any amount that suits.
dealers when they in markets, very specific.
$1 is $1
10 is 10
100 is 100
no one ask open size.
thats asking gets whacked by peeps, and most importantly whacked when not KNOW where the markets are at.(gets whacked, then blur as sotong)
that was reason i stuffed you size , make you shit flour. ( only reason you didn't was because was not real, in real life event , even i would shit flour already.)
frienly $1 dealing , then suddenly gets slammed by baseball bat.
Also need know where markets at. Some peeps knows and then again they would still be prepared be wrong with contingencies.
Is mindset I was trying show you also.

your understanding is not accurate.
There are many lessons in markets, cannot learn by making terrain. Need adjust to it.
You talking specifics.
I cannot talk to you specifics. was situational examples.
and they not even real, just the feel flow as at. you can understand?
when you try learn by disecting you becomes rigid.
learn it from the flow, from the situations.
Was just he moved i responded , he moves i responded, because i market maker(vested interest)

Its easier learn it 1st hand ( in markets)than reading about it.
Is lots if, if not, if then how about .
and then also temperament and market form and signatures. and whether you going get lucky tonight stuff.
Some things cannot learn without mentors.
If without mentors then need try teach self from experiences.
Thats why experience cannot be taught. you just need slowly climb that learning curve as it comes.
But if you lucky type, may find mentors help you along sometimes.

Thats why i used to try handhold sessions allow those read to get a life feel.
but i no energies do that now. so sorry.

Large in interbank broking means amounts in excess 5 mio.

In direct spot,
small=<2 mio
size = >5 mio
large => 50 mio

but only market makers deal in those indicative terms for flexibility.
dealers when asking prices still need to specify intended need.
thats for big guns who not afraid of sizes deals mostly.
Is like dealing with wife or daughter.
when wife ask for something, you careful.
when daughter ask, ai ya , take and go .
when daughter grows up already then need be even more careful than dealing with wife.



regards
ok , your turn to sing song.
  • #46,640
  • Edited 8:58pm Jun 7, 2014 6:30pm | Edited 8:58pm
Quoting fti
{quote} smooth, Ya lots ducks in markets. But these 3 very special. I hear they improved so much from their earlier works. Is nice see things improving. they made great strides, can feel it in the music. http://www.youtube.com/watch?v=g5So5ABCF50 thats why i always try be kind, mostly we cannot see peeps struggles. Thats of course when i not cranky. Remember desiderata? regards
Hi Chief,

Wah ... really good stuff you found, thanks! You rem bedtime story ugly ducklings? These ducks have grown up to be all beautiful now.

Ah desiderate One thing I admire you is that I don't see the ego in you, unlike some of the top guns I see before. For example, you try to response to everyone on this ff, irregardless what the question is. kudos

I have been thinking about the tube postings again. Not all peeps will understand the songs posted, especially for those without subs.

I would fear if some peeps come back to ask me if I can translate for them. Me myself don't even understand most of the stuff and hence would be scare that the important things will be lost in translation.

Those who understand the language, singer or song writer, will fully understand the true meaning of the songs. However, for those who don't, I feel not important to know the specifics. Just enjoy the songs and just understand what the general message the song is trying to tell. When one goes to specifics, there can be different interpretations depending on your experience with the songs, singers or song writer.

Just sit back and enjoy the music and dance well!

Chief, talk to you later. Me going to hawker centre to have my breadfast. cya

Inserted Video


Regards,

Actually I have a question. Saw a post on a vid of a japanese song awhile ago. I think it was "dirty old man" or something.

What does it mean to hang the red bikini to dry? Can translate for me pls?

Also, did you allow your peeps to wear red into your dealing rooms?
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