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Technical Analysis Fallacy

  • #47,341
  • Jun 19, 2014 2:27am Jun 19, 2014 2:27am
Quoting fti
{quote} very funny. your this position everything exposed. worst than drop soap position. regards {image}

i try not be in quite that position .




US helped them out and now they have had their chance to dump in G/U, now lets see what she want to do .....

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,342
  • Edited 2:54am Jun 19, 2014 2:34am | Edited 2:54am
Quoting phil13
{quote} i try not be in quite that position . US helped them out and now they have had their chance to dump in G/U, now lets see what she want to do ..... regards Phil.
charity begins at home.
Only question i a litle puzzled. will eiro try 1.4 first? we'll see.
i watching ecb's every step. 1.7 , 1.72 that not much meat, not enough to stick teeth.

anyway have at least a 2 weeks time window find out.
I'll check crystal balls later.
now need trade using only balls of steel.

Inserted Video



the truth reality......oh for goodness sake, get him a wheel chair.

Inserted Video


here. get here.

Inserted Video

regards
  • #47,343
  • Jun 19, 2014 2:47am Jun 19, 2014 2:47am
Quoting fti
{quote} charity begins at home. Only question i a litle puzzled. will eiro try 1.4 first? we'll see. i watching ecb's every step. 1.7 , 1.72 that not much meat, not enough to stick teeth. anyway have at least a 2 weeks time window find out. I'll check crystal balls later. now need trade using only balls of steel. regards

hi fti

yes, is ok have ideas, but must still trade, bagged some from E/J and A/U this morning, got to go out now for couple hours, so i see what is happening when i get back.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,344
  • Jun 19, 2014 2:57am Jun 19, 2014 2:57am
Quoting phil13
{quote} hi fti yes, is ok have ideas, but must still trade, bagged some from E/J and A/U this morning, got to go out now for couple hours, so i see what is happening when i get back. regards Phil.


regards
  • #47,345
  • Jun 19, 2014 3:54am Jun 19, 2014 3:54am
aud tops
careful
  • #47,346
  • Jun 19, 2014 4:43am Jun 19, 2014 4:43am
Quoting fti
aud tops careful

hi fti

ahh....back just in time to see possible H+S (M5) forming at a POI (point of interest).... no rush.

is G/U going to test 2009 high @.7030/40ish????.... another POI for me.

regards

phil.
-be careful about what you allow to be put in your mind-
  • #47,347
  • Jun 19, 2014 5:06am Jun 19, 2014 5:06am
I try euro but no joy so out with 1 pip, cable at area of interest, need clear sing. now side line
don't predict direction, but dance with flow of water
  • #47,348
  • Jun 19, 2014 5:18am Jun 19, 2014 5:18am
Quoting priceaction1
I try euro but no joy so out with 1 pip, cable at area of interest, need clear sing. now side line
am trying euro too..
  • #47,349
  • Jun 19, 2014 5:52am Jun 19, 2014 5:52am
G/U scout in at .7017, another possible H+S forming, X's falling very jerky movements.

caught shoulder on A/U as well.

regards

Phil
-be careful about what you allow to be put in your mind-
  • #47,350
  • Jun 19, 2014 5:57am Jun 19, 2014 5:57am
Quoting fti
{quote} let him try. Is his learning curve. Don't try stop them, they are trained that way. peeps like me i take a toothpick and i can estimate the hieight of a tree. Some peeps need spreadsheets, some peeps need send robot with measuring tape climb the tree. regards
"some peeps need send robot with measure tape climb the tree"

back at battlestations, hope all is good
THE ALL is MIND; The Universe is Mental
  • #47,351
  • Jun 19, 2014 6:05am Jun 19, 2014 6:05am
someone still trying...... pushing in the X's. that's why we use scouts.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,352
  • Jun 19, 2014 6:05am Jun 19, 2014 6:05am
wah.
topping also refuse go down.

what refuse go down will ultimately try tops again.
if top cracks , will be duck hunters.
but i don't think will be trending. So i not chasing.
playing range and extensions.

regards
  • #47,353
  • Edited 6:22am Jun 19, 2014 6:07am | Edited 6:22am
Quoting priceaction1
I try euro but no joy so out with 1 pip, cable at area of interest, need clear sing. now side line
wah make 1 pip while sitting on ass.
even fisherman fish half day only get 3 pips.
I better lying on bed made 20+ pips. took risk keep letting peeps take me up hit me down. so total already took in 200+ pips.
everytime they hit me, i make them pay.
no free hitting. who going pay for the oxygen leh?
nearly same as market maker.
but they get to eat first, left behind i get to eat.

you peeps not know how bargain , desperados you feed.
but you peeps no have balls of steel yet, so if bargain , try get nice discounts hor.
normally get discounts is sub goods hor. Is ok la.
I know someone deal factory rejects also made fortune.


regards

wah seeit, long long time no see.
  • #47,354
  • Jun 19, 2014 6:24am Jun 19, 2014 6:24am
i suspicious, this right shoulder not look like shoulder.
maybemaybe is bear trap.
later we will know. could be tail end of trend.
if is 5th wave will get bloody.
  • #47,355
  • Jun 19, 2014 6:32am Jun 19, 2014 6:32am
Quoting fti
i suspicious, this right shoulder not look like shoulder. maybemaybe is bear trap. later we will know. could be tail end of trend. if is 5th wave will get bloody.
hey fti,

would like check my understanding, the current trend for audusd is still pointing up as shoulder not yet break, when we count upwaves, we count all up leg as shown below until the reversal is confirmed, is that right?
Attached Image
THE ALL is MIND; The Universe is Mental
  • #47,356
  • Edited 6:47am Jun 19, 2014 6:35am | Edited 6:47am
Quoting Jacque
{quote} hey fti, would like check my understanding, the current trend for audusd is still pointing up as shoulder not yet break, when we count upwaves, we count all up leg as shown below until the reversal is confirmed, is that right? {image}
head shoulder neck broken but right 2 down stepping stairs, and wide, so market maker is naughty.
expecting wide ranges and if is drags on, pattern dies(expires out of time window). may mutate since no follow thru.
if neckline retest may form 2 tops if tops heavy, otherwise may need 3 tops if not heavy.
if tops too light will mutate compond patterns, zigzags or double zig zags or plataeus. i no crystal balls.
otherwise if follows thry may get more steps on the stairways.
AUD market is thin, zonal market, so market makers always play wierd compound patterns.

regards
  • #47,357
  • Jun 19, 2014 6:44am Jun 19, 2014 6:44am
offloaded A/U now, not broken out of top range....... watching it now.

here come 30/40's on G/U. lets see if it full of stops/orders????

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,358
  • Jun 19, 2014 6:46am Jun 19, 2014 6:46am
Quoting fti
{quote} head shoulder neck broken but right 2 down stepping stairs, and wide, so market maker is naughty. expecting wide ranges and if is drags on, pattern dies(expires out of time window). may mutate since no follow thru. if neckline retest may form 2 tops if tops heavy, otherwise may need 3 tops if not heavy. if tops too light will mutate compond patterns, zigzags or double zig zags or plataeus. i no crystal balls. otherwise if follows thry may get more steps on the stairways. AUD market is thin so market makers always play wierd patterns....
thanks fti, below is the image again, i have marked two h&s, blue and black, i am guess you are referring to the black mini H&S's neckline being broken?
i see another bigger H&S marked in blue, that one the neckline is slightly penetrated and usually i wont considered that broken, is this the right way to interpret? and the right two down stepping stairs are the top marked in blue on the fair most right and the lower top following it? thank you
Attached Image
THE ALL is MIND; The Universe is Mental
  • #47,359
  • Jun 19, 2014 6:49am Jun 19, 2014 6:49am
Quoting Jacque
{quote} thanks fti, below is the image again, i have marked two h&s, blue and black, i am guess you are referring to the black mini H&S's neckline being broken? i see another bigger H&S marked in blue, that one the neckline is slightly penetrated and usually i wont considered that broken, is this the right way to interpret? and the right two down stepping stairs are the top marked in blue on the fair most right and the lower top following it? thank you {image}

you need learn technical patterns recognisation la.
draw neckline also draw wrong.
You seems no laws? anyhow you like to interprete?

head and shoulders have many type necklines.
most common is upward sloping, downward sloping, and flat necks.

draw neckline can draw away from her foot meh?



regards
  • #47,360
  • Jun 19, 2014 6:57am Jun 19, 2014 6:57am
Inserted Video


for you FTI, I think you will like this.


got trapped yesterday after FOMC by greed. What a lesson.
Fall in love with the process, and the outcome takes care of itself.
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