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Technical Analysis Fallacy

  • #47,441
  • Jun 20, 2014 1:50am Jun 20, 2014 1:50am
Quoting RelaxRay
{quote} got it, understand this. maybe, if convenient to throw question for me/us? {quote} // so, mm is designing/drawing the charts.
this just basics.
is alot more complex than this.
but we cannot continue discussion unless appleboy understands this. since he the one asked.
but if he disrespectful of the effort explain to him.
then we listen music.

regards
  • #47,442
  • Jun 20, 2014 1:54am Jun 20, 2014 1:54am
Quoting fti
{quote} this just basics. is alot more complex than this. but we cannot continue discussion unless appleboy understands this. since he the one asked. but if he disrespectful of the effort explain to him. then we listen music. regards

noted sir.

pondering on this


"1. charting is about marking accurate information. Any injections with assumptions adulterates the information.
Any manipulation of the data also does same to the information. When information is adulterated, many minor adulterations can lead to compounded derailment of reads on charts.
Think about this in depth.

you do engines.
when you add water to the fuel what happens to performance?what is the impact to the engine?
when you add additives to the fuel what happens to performance?what is the impact to the engine?

theres lots more.
this just for starters.
"
Fall in love with the process, and the outcome takes care of itself.
  • #47,443
  • Edited 2:10am Jun 20, 2014 1:58am | Edited 2:10am
Quoting RelaxRay
{quote} noted sir. pondering on this "1. charting is about marking accurate information. Any injections with assumptions adulterates the information. Any manipulation of the data also does same to the information. When information is adulterated, many minor adulterations can lead to compounded derailment of reads on charts. Think about this in depth. you do engines. when you add water to the fuel what happens to performance?what is the impact to the engine? when you add additives to the fuel what happens to performance?what is the impact to the...
ya your 1 price charts is showing you possible average where markets MAY be at.
then there peeps average this average make moving averages.( thry need cut out the NOISE)
and they can predict.

great isn't it?
what takes the cake is some these can position 1 time and their position will be correct.
these greatest.

sometimes i need dance 20+ times with market makers get a feel where they at.
maybe i'm stupid.
sometime send out 50x scouts, and still cannot fig, so sometimes i give up.

but clever peeps just need wait 1 line break. they so smart.
the rest of the time, they there keep chair warm.
the smarter ones make robots keep chair warm.
while they keep their gf warm.

But i naughty, should thank them for the pips instead.
but i feel pity for those who do and not understand, so i be the fool make thread try explain all the twist and turns.
but then all goes back to the robots.they listen then they ask their robots decide their fate.

regards
  • #47,444
  • Edited 2:49am Jun 20, 2014 2:03am | Edited 2:49am
Quoting fti
{quote} ya your 1 price charts is showing you possible average where markets MAY be at. then there peeps average this average make moving averages. and they can predict. great isn't it? regards

too great, predict.. hmmm... i need that also i think

just a thought,
right now i am sure many would have shorted gbp/usd and hence, plenty of unrealized loss in their pocket.
going as far as the monthly,
its 1 green 1 white since January.
an equal group, seeing that it does not stop, would jump onto the train too i guess,
seeking higher targets. ?

in mm pocket now, he has both sides, but he must be biased to one also.
should he decides it's enough long for now, he shorts, a fake bar would be highly likely, clearing all the shorts that place the SL about the bar highs, and triggering the next wave of buyers to see higher levels. right?

should he continue to long in his worth, he would do the opposite? letting word that short is the day now, and all will hurry on to short, only to hit long after clearing the orders.
?
hmm..

however, his move should be backed by reasons at the very least ? orders/sentimental/fundamental?


average price, where is his worth, how can i ponder it further

Quote
But i naughty, should thank them for the pips instead.
but i feel pity for those who do and not understand, so i be the fool make thread try explain all the twist and turns.
but then all goes back to the robots.they listen then they ask their robots decide their fate.
hmm, thank them for pip... ahh i also want. ha ha ha

///
Quote
ok then we look into charting.
linear charting is a basic way chart a series of data.
it is good way plot points of read so that can see change of behaviour.
when series of data point increases then will take up lots space because way to plot change have to be against something.
normally change is against time. Things change over time mostly. Yes?
But because per change data plot in a large series can become very long we will lose focus on validity of data.
so chartist begun compressing the time that our one track minds can intelegently process.
this is due to our (lack of)ability process large amounts data.
But in compressing any thing, accuracy will be compromised. Yes?

Can you understand the need because of our handycap?

regards

so infact tenure to us is handycap.
so the longer the time scope, the more inaccurate(inconsistent) the data plots will become for us? because we had compressed it.

as price moves, it forms new bid-ask ...

and hence, if we miss the shading on the M15 the other day, we would just think it was a firm rise up in cable? and not a very harsh attempt..?
aside from this movement on the 5M, i can also, check for relationship with correlation ?




where is this appleboy ah

/////////
hahaha keep gf warm.

how true how true


/
ah..
Inserted Video

snack time...
Fall in love with the process, and the outcome takes care of itself.
  • #47,445
  • Edited 4:01am Jun 20, 2014 2:47am | Edited 4:01am
So sorry, just got back to console.
No disrespect Sir, Much appreciated...
gimme 5 mikes to go thru this...

Read what you wrote carefully.
So the market maker is the central "exchange" of prices and is able to see how much the buyers (one group) and the sellers (another group) are willing to buy and sell me for.
The buyers (traders) cannot see what the other buyers are offering, and the frequency that their offers are being hit.
The sellers (traders) cannot see what the other sellers are selling , and the frequency that their bids are bring hit.
Only the market maker can see, and he sees this in the back end.
And he is at liberty to move prices on the front end (bid / ask prices on the screen displayed to traders) and electronically show the traders what he wants to show, with the hope that traders will analyze the patterns formed by the price movements (infer whatever they want to infer from their analysis) and take the prices (commit to a trade).
The market maker can then see their position n stops n blotters and then try to take out their stops and their blotters.

# edit #
the value of someone/thing is what the market as a whole is willing to pay for it.
everything has 2 prices, a price that it can be bought for, and a price that it can be sold for.
this is a dynamic process and the value is constantly changing depending on many factors
so how do we know the market value of something ?
by the process of price discovery , by making prices in the market from what they are being hit with with the lower band being the bids and the upper bands being the asks, they are able to narrow down the bid / ask range to a band.
Within this band the MM's can display narrower spreads (or piptits) so they can shade the market in any direction they want depending on their objective eg, make technical patterns / allow scalpers in to make a quick buck before trapping them / shade prices in their direction if they are caught w their pants down.
and this is what the market makers can see that we (traders) cant.
so by knowing the frequency hits at the back end, they know where the real market is.

Please feel free to correct me if i am off my rockets.
  • #47,446
  • Edited 3:44am Jun 20, 2014 3:15am | Edited 3:44am
Saw this, felt maybe applicable in our discussion, will remove if inappropriate...
credits to @darkstar.

http://www.forexfactory.com/attachme...5&d=1295393580
http://www.forexfactory.com/attachme...6&d=1295385347


FTI,
what we are getting on, intrinsic value vs perceived value, what moves along, a vacuum forms?
it also occurs that,
take senario, we are at the fruit shop, the current consumer looks to buy apples, because it seem cheap, but as more buy it, prices go up.
at the same time, oranges remain on the shelf, maybe even rotting? and hence, creates a nature need for it to be sold.
as time moves along, the ratio of apple and oranges probably might be even out, however, the natural state of equilibrium between supply and demand shouldnt be met that easily? as the fact, that trend moves along, in 1 direction first. then the next?
but of course, seller makes money, all ways, as long as dont cock up.

Intersting to ponder on.

a sells to b, b sells to c, c sells to a ?


as it moves along, creating a trail, pauses and so on, what is next?
if that then, when at top ranges, pros releasing pressure, and vice versa to launch next wave of attack... problem is.. where is its value


@FTI, awaiting your guidance
Fall in love with the process, and the outcome takes care of itself.
  • #47,447
  • Jun 20, 2014 3:46am Jun 20, 2014 3:46am
Quoting appleboy
So sorry, just got back to console. No disrespect Sir, Much appreciated... gimme 5 mikes to go thru this... Read what you wrote carefully. So the market maker is the central "exchange" of prices and is able to see how much the buyers (one group) and the sellers (another group) are willing to buy and sell me for. The buyers (traders) cannot see what the other buyers are offering, and the frequency that their offers are being hit. The sellers (traders) cannot see what the other sellers are selling , and the frequency that their bids are bring hit....
see you understand, is not so hard.
but i said thats the raw basics.
so no build any assumptions into it.


regards
  • #47,448
  • Edited 3:58am Jun 20, 2014 3:48am | Edited 3:58am
Quoting RelaxRay
Saw this, felt maybe applicable in our discussion, will remove if inappropriate... credits to @darkstar. http://www.forexfactory.com/attachme...5&d=1295393580 http://www.forexfactory.com/attachme...6&d=1295385347 FTI, what we are getting on, intrinsic value vs perceived value, what moves along, a vacuum forms? it also occurs that, take senario, we are at the fruit shop, the current consumer looks to buy apples, because it seem cheap, but as more buy it, prices go up. at the same time,...

ok you peeps can see picture because i made spreads wide, super magnified for you see the process.

In reality the spreads could be very fine.
like 2 to 5 pips wide.

if market makers made 50 pips spreads , no one would trade.
so needs to make it sexy attract business.

but he can see the liquidity.
you cannot.
if he moves it gyrate along the thresholds of the liquidity.
then patterns forms.
sometimes the patterns tells the truth, sometimes she lies.
how can you know?
I can tell you, but then i would need to ninja you. because you would turn rigid mostly.
learn from the markets. The truth is out there, only you need learn how read it.

matthew 7:13
http://www.bible.ca/ef/expository-matthew-7-13-14.htm

regards
  • #47,449
  • Jun 20, 2014 3:57am Jun 20, 2014 3:57am
Quoting fti
{quote} ok you peeps can see picture because i made spreads wide, super magnified for you see the process. In reality the spreads could be very fine. like 2 to 5 pips wide. if market makers made 50 pips spreads , no one would trade. so needs to make it sexy attract business. but he can see the liquidity. you cannot. if he moves it gyrate along the thresholds of the liquidity. then patterns forms. sometimes the patterns tells the truth, sometimes she lies. how can you know? I can tell you, but then i would need to ninja you. learn from the markets....

lets go ninja sir. teach us how to readit please.. or at least smack us in the face if we fail to see it. ha

many times, while reading here, i feel the truth is in my face, but i cant tell what it is then move on. I think its a commonality on the road we walk. unless someones point it out, then we will more often then not go .. "OH !!!!!!!!!!!"
Fall in love with the process, and the outcome takes care of itself.
  • #47,450
  • Edited 4:51am Jun 20, 2014 4:00am | Edited 4:51am
Quoting RelaxRay
{quote} lets go ninja sir. teach us how to readit please.. or at least smack us in the face if we fail to see it. ha many times, while reading here, i feel the truth is in my face, but i cant tell what it is then move on. I think its a commonality on the road we walk. unless someones point it out, then we will more often then not go .. "OH !!!!!!!!!!!"
in fact alredy showed.
but peeps cannot learn.

How do you track the course of a river?the flow.

watch vid, have tip.
ai ya wait i need find it.
have been long time.

lots sexy distractions, but is there.
many will be distracted. So watch this until you eyes sees it.
1st time watch probably only see..... can't help it if you peeps male brains(unbalanced). Female brains even worst, won't even bother watch it.
Takes a balanced mind. Robots i no need comment.

or you can visit lai kratong festival, sure you will see, unless you again have focus/brain( attention to details) problems.


Inserted Video


regards
  • #47,451
  • Jun 20, 2014 4:06am Jun 20, 2014 4:06am
roger !
  • #47,452
  • Jun 20, 2014 4:08am Jun 20, 2014 4:08am
Quoting fti
{quote} in fact alredy showed. but peeps cannot learn. How do you track the course of a river?the flow. watch vid, have tip. ai ya wait i need find it. have been long time. regards
flow?
preceived as trend?

much thanks looking forward to vid! hope it enlightens

////
alamak.. peng san.
Fall in love with the process, and the outcome takes care of itself.
  • #47,453
  • Jun 20, 2014 4:12am Jun 20, 2014 4:12am
not simple... . very deep


requesting, FTI commentarys'.
i should probably, go look up the lyrics as well.


now i know why FTI always post so many music video already.. some have secret meaning
Fall in love with the process, and the outcome takes care of itself.
  • #47,454
  • Jun 20, 2014 4:25am Jun 20, 2014 4:25am
Quoting RelaxRay
{quote} //// alamak.. peng san.
eeer can some one call pee poo pee poo pls.
have casualty. Never seen woman before?

regards
  • #47,455
  • Jun 20, 2014 4:26am Jun 20, 2014 4:26am
Quoting fti
{quote} eeer can some one call pee poo pee poo pls. have casualty. Never seen woman before? regards
hahaha i was expecting a video on trading actually.. come out a mtv love song.. almsot fell off my chair.

implicit lesson
Fall in love with the process, and the outcome takes care of itself.
  • #47,456
  • Jun 20, 2014 4:28am Jun 20, 2014 4:28am
Quoting RelaxRay
{quote} hahaha i was expecting a video on trading actually.. come out a mtv love song.. almsot fell off my chair. implicit lesson
what love song.
Is most vicious song in the universe.
Madam green snake , white snake legend.
You know little chinese literature hor.

maybe i get em sing it for you better.


regards
Attached Image
  • #47,457
  • Jun 20, 2014 4:31am Jun 20, 2014 4:31am
Quoting fti
{quote} what love song. Is most vicious song in the universe. Madam green snake , white snake legend. You know little chinese literature hor. regards
http://www.yinyueabc.com/tongli/4j05qu2r88g/

from:
鴛鴦雙栖蝶雙飛
滿園春色惹人醉
悄悄問聖僧
女兒美不美
女兒美不美
說什麼王權富貴
怕什麼戒律清規
只願天長地久
與我意中人兒緊相隨
愛戀伊愛戀伊
願今生常相隨
鴛鴦雙栖蝶雙飛
滿園春色惹人醉
悄悄問聖僧
女兒美不美
女兒美不美

說什麼王權富貴
怕什麼戒律清規
只願天長地久
與我意中人兒緊相隨
愛戀伊愛戀伊
願今生常相隨
說什麼王權富貴
怕什麼戒律清規
只願天長地久
與我意中人兒緊相隨
愛戀伊愛戀伊
願今生常相隨
願今生常相隨
常相隨

translated to

Amphibious duck Flying Butterfly
Beauties of springtime catches drunk
Quietly asked Shengseng
Daughter was beautiful
Daughter was beautiful
Say what royal wealth
What are they afraid precepts clear rules
Willing forever
I loved children go hand in hand with tight
Love love Iraq Iraq
Life is often willing to go hand in hand
Amphibious duck Flying Butterfly
Beauties of springtime catches drunk
Quietly asked Shengseng
Daughter was beautiful
Daughter was beautiful

Say what royal wealth
What are they afraid precepts clear rules
Willing forever
I loved children go hand in hand with tight
Love love Iraq Iraq
Life is often willing to go hand in hand
Say what royal wealth
What are they afraid precepts clear rules
Willing forever
I loved children go hand in hand with tight
Love love Iraq Iraq
Life is often willing to go hand in hand
Life is often willing to go hand in hand
Often go hand in hand






///
if you say vicious song.. then i inferred the sweetest voice, is a deadly poison.
in deception
Fall in love with the process, and the outcome takes care of itself.
  • #47,458
  • Jun 20, 2014 4:36am Jun 20, 2014 4:36am
Quoting RelaxRay
{quote} http://www.yinyueabc.com/tongli/4j05qu2r88g/ from: 鴛鴦雙栖蝶雙飛 滿園春色惹人醉 悄悄問聖僧 女兒美不美 女兒美不美 說什麼王權富貴 怕什麼戒律清規 只願天長地久 與我意中人兒緊相隨 愛戀伊愛戀伊...

i Think you need better translator.
you used free one , right?
???? What has to do with Iraq?
are you reading reuters news?

regards
  • #47,459
  • Jun 20, 2014 4:37am Jun 20, 2014 4:37am
Quoting fti
{quote} alreadty told you. next time you go look for it in thread yourself. lazy not have high marks on my book. if was new comer i would ask read from page 1. count your star lucky this time. http://www.forexfactory.com/showthre...82#post7536782 regards I've been thinking. you are a youngster. so may not have the experience understand. and since you clever asked. I will go over again with you, on the subject this weekend. anytime you not understand you ask. because after i tried hard explain and passed will not revisit. ok,...
Thank you fti,
you're the best !
  • #47,460
  • Jun 20, 2014 4:39am Jun 20, 2014 4:39am
Quoting appleboy
{quote} Thank you fti, you're the best !


Inserted Video


regards
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