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Technical Analysis Fallacy

  • #47,501
  • Jun 20, 2014 6:42am Jun 20, 2014 6:42am


I am out of G/U,G/C and A/U, took little hit in A/U (Friday so no want to fight) but done well in other two, calling it a day now. Going to go play with my old car for a bit.

Can not trade Monday morning have appointment .

Have a good weekend all.

Regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,502
  • Edited 9:34am Jun 20, 2014 9:06am | Edited 9:34am
FTI,

"flow"

This, rocks my boat alot better.
Inserted Video


at least I understand the language

even the lyrics and tempo, is descriptive.

/
Irony how this was one of the first songs I learned when i played the guitar.


gently, like the river banks.. hmm.
how it thins become wide and wide become thin, etc too..
interesting to ponder on.
I finally lightly understood what you tried to conveyed by 'rhythm'
and, this thing flow, flows alot, alot more information on M30 and below.. even M30 quite filtered ?

ok ok,
back to work
Fall in love with the process, and the outcome takes care of itself.
  • #47,503
  • Edited 10:44am Jun 20, 2014 10:02am | Edited 10:44am
Quoting phil13
{quote}hi Jacque

maybe this will help you with the fallacy thing my friend.

http://www.forexfactory.com/showthre...82#post7536782

regards

Phil.
Thanks Phil what i understood about the fallacy, it is on the first post of this thread, one can lie to some peeps some time, all peeps some time but not all peeps all time. sometime its our enemy, sometime its our fren. in AOW, know your enemy and know thyself and in 100 battle, one will prevails. since enemy knows what we using, he will use it against us when he can at the right time. however, when its in correct terrain, we use it to crush him. anyway, my TA is not solid as evident in the charts i post, more work needed there.

Quoting fti
{quote} oh that not very important. its just what i say, when i hear the losers limp. some peeps have everything many not have, but their complexes brings them weakness. some peeps cannot take pain, but hey, the struggle is the only thiings peeps ever gets for free daily. regards http://www.youtube.com/watch?v=RopW27MekzE
fti, i think that is not very important too. however, i must clarify, first, i am no loser. second, i own a small pot thus i trade micro lots for a start. me saying that i can only afford micro lots is in no disrespect to you. if you want play any money game with me, i must set my limits and that is my limits, may seem peanuts to you and make you laugh rolling on the floor from north pole to south pole , if i get suckered into your game with max leverage, then i become the real loser

anyway, you asking me to trade $1 USD ticket, you referring to the $1 = 1mio USD ticket interbank or $1 = 1 cup kopi o ?

in all ways, i appreciate your guidance, you have shared lots requesting in return only for the successful to help the less fortunate in the society. i will bear that in mind

anyway, i am fighting my own battles on the homefront, mindset is being screwed around. its heart breaking seeing my loved ones going down the opposite way. human nature - always repeat itself, yet peeps no see it and learn, anyway, i am letting it go like what you say - its their learning curve

regards

forgot to mentioned - the predictive aspect of the fallacy
THE ALL is MIND; The Universe is Mental
  • #47,504
  • Jun 20, 2014 10:36am Jun 20, 2014 10:36am
Hi Jacque

back in from the garage, after my tinkering around for a while relaxing .

From what I understand of the fallacy is.

1. It was not ‘designed’ for the fx market.
2. In its true form it is not used as a predictive tool.
3. It has been adulterated and mutated in its present day form/s.
4. It has limited use, each tool can only do one job, as you stated above, work sometimes ect.

Regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,505
  • Edited 11:16pm Jun 20, 2014 10:46pm | Edited 11:16pm
Quoting phil13
Hi Jacque back in from the garage, after my tinkering around for a while relaxing . From what I understand of the fallacy is. 1. It was not ‘designed’ for the fx market. 2. In its true form it is not used as a predictive tool. 3. It has been adulterated and mutated in its present day form/s. 4. It has limited use, each tool can only do one job, as you stated above, work sometimes ect. Regards Phil.
phil.
1. is not so much of design specifics.

charting is designed read markets as accurately/profitable as possible.
but the OTC structure and the exchange instruments. Have structural differences.

Although have much core differences still it has common ground.
even in exchange trading mechanics, there is a a bid offer structure.
there a little more info as also have time and sales reporting of transacted prices.
In OTC , is not possible say if a bid or offer had transacted and for how much.
so there will be different treatment of the values in the data.

3. The levels of adulteration and mutation is due to attempts advance the TA study.
Some make difference, some are total washouts.
So is not to say all TA these days are adulterated.
But one need study and adjust to what is value added and what needs be shelfed because is ineffective/incompatable.
There are some totally out of whack, and experience can tekk which ones they are.

Is ok get aquained with some new stuff.
But only just try not kiss ever frog that show up or is convenient. know self?




regards
  • #47,506
  • Jun 20, 2014 11:29pm Jun 20, 2014 11:29pm
Quoting fti
{quote} phil. 1. is not so much of design specifics. charting is designed read markets as accurately/profitable as possible. but the OTC structure and the exchange instruments. Have structural differences. Although have much core differences still it has common ground. even in exchange trading mechanics, there is a a bid offer structure. there a little more info as also have time and sales reporting of transacted prices. In OTC , is not possible say if a bid or offer had transacted and for how much. so there will be different treatment of the...

Hi fti

Thank you for clarifying and furthering my understanding on this .

As you know I have gone back to trading without addons this week, I said that I had felt my trading was not progressing while using those MA’s, but I did not realise it was that at the time until you kindly pointed it out to me, I have been trading as I should all week with bare charts in one eye and the news in the other trying to work out what the buyers/sellers are up to as I said I would, it actually felt good again living off my wits and as a bonus I achieved towards the higher end of my average weekly return, it feels like I am progressing again, so thanks again for all you very valuable help my friend .

I have been reading a book, it is about the best one I have read so far on trading with bare charts, some of the stuff in it I already knew but there is lots of useful information I did not know, here is the book below, it basically explains Sokyu Honma's Great Market Cycle theory and how to use it, do you have any knowledge of this book? And is it worth me spending time researching things like this?

The thing that surprised me was that he never actually used candlesticks and has been a real eye opener in my understanding of reading the data.

http://eu.wiley.com/WileyCDA/WileyTi...470996102.html

Regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,507
  • Jun 21, 2014 6:26am Jun 21, 2014 6:26am
Bare charts are the only way. Add ons distract the eye.
The road to pipland is arduous and fraught with challenge.
  • #47,508
  • Jun 21, 2014 7:45pm Jun 21, 2014 7:45pm
Good morning everyone.
Beautiful Sunday

here's a little something to wake up to ...
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Keep Smiling !
  • #47,509
  • Jun 21, 2014 8:10pm Jun 21, 2014 8:10pm
Quoting appleboy
Good morning everyone. Beautiful Sunday here's a little something to wake up to ... http://www.youtube.com/watch?v=y6Sxv-sUYtM&feature=kp Keep Smiling !


regards
  • #47,510
  • Jun 21, 2014 8:25pm Jun 21, 2014 8:25pm
Mornin' Chief !
  • #47,511
  • Jun 21, 2014 10:41pm Jun 21, 2014 10:41pm
Quoting appleboy
Mornin' Chief !
lazy sunday.

regards
  • #47,512
  • Jun 22, 2014 12:13am Jun 22, 2014 12:13am
Quoting RelaxRay
FTI, "flow" This, rocks my boat alot better. http://www.youtube.com/watch?v=uqv5b0UjR4g at least I understand the language even the lyrics and tempo, is descriptive. / Irony how this was one of the first songs I learned when i played the guitar. gently, like the river banks.. hmm. how it thins become wide and wide become thin, etc too.. interesting to ponder on. I finally lightly understood what you tried to conveyed by 'rhythm' and, this thing flow, flows alot, alot more information on M30 and below.. even M30 quite filtered ? ok...
hey ray, if i may, i think its not the lyrics in the song, its what the vid is showing. did you see the lanterns? one sight at a calm river, one cant tell which directions it flow. throw in a lantern, it charts the direction. it will only flow in one direction undisturbed and smoothly. if one tries to push it go the other direction. movement becomes unatural. when the force is stopped, it resumes the flow of the river. that what i saw
THE ALL is MIND; The Universe is Mental
  • #47,513
  • Jun 22, 2014 4:26am Jun 22, 2014 4:26am
hi fti

my bad, i owe you an apology.....sorry for my questions above, i have been re-reading the thread and i now see you have already told us what we should be researching for some reason reading it this time things seem clearer to me, i guess it is because of where i am at in my learning curve.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #47,514
  • Edited 6:31am Jun 22, 2014 6:06am | Edited 6:31am
Quoting fti
{quote} regards http://www.youtube.com/watch?v=RopW27MekzE

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jacque

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THE ALL is MIND; The Universe is Mental
  • #47,515
  • Edited 7:04am Jun 22, 2014 6:36am | Edited 7:04am
Quoting Jacque
{quote} http://www.youtube.com/watch?v=9iW3wfnHXnI jacque http://www.youtube.com/watch?v=R41k0FtH960
Timi all grown up.
i think she's more grown up now.
nice.

another alisan ku niang
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Inserted Video

she sang 1 song have trading secrets.
you may need find in thread. posted long ago.


regards
Attached Image
  • #47,516
  • Jun 22, 2014 6:38am Jun 22, 2014 6:38am
Quoting Jacque
{quote} http://www.youtube.com/watch?v=9iW3wfnHXnI jacque http://www.youtube.com/watch?v=R41k0FtH960
Kudos... =)
  • #47,517
  • Jun 22, 2014 7:12am Jun 22, 2014 7:12am
have small secret here also.

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Inserted Video


regards
  • #47,518
  • Edited 8:48am Jun 22, 2014 8:03am | Edited 8:48am
Quoting fti
have small secret here also. http://www.youtube.com/watch?v=FGrTzPz0Vz8 http://www.youtube.com/watch?v=6MwGR-FF_jM regards
secret heard in lyrics
first vid - : peeps always make mistakes, hope is not oneself make the mistake
second vid - treat things like how the wind passes by, let go of it without scars..

regards

may i ask what is the topic? else i have many imaginations

1. name of song is "Worth it".

yes, ways of life need school of hardknock to teach. if that is the topic, i guess we are looking at mindset?

1. ok so about love - peeps in love always make mistake, because emotions take over vs logical thinking. however, peeps outside can see very clearly, what should be done. even when we know its all wrong, we still unable to breakaway and we think all we do will be worth it, it will be one day. one side will always go after the other, mostly make the other party sicked of the pestering. but when pestering stop, the other party starts to miss it and wants to patch up. and mostly, the first party already let go and pursuing other stuff. then the other party sit and regret.
THE ALL is MIND; The Universe is Mental
  • #47,519
  • Edited 8:32am Jun 22, 2014 8:13am | Edited 8:32am
Quoting Jacque
{quote} .


1 have more. what's name of song?
2.have more.

use brain not mouth hor.
those gets it, gets it
otherwise there is a reason.tell also no use. won't sink in, no jalan.
cannot tell about ways of life. no experience cannot understand.

Matthew 13
http://www.biblegateway.com/passage/...23&version=KJV

repeat until get old also no use.
for thousands of year alreayhad been told.

Matthew 19:24
Mark 10:25

http://www.kingjamesbibleonline.org/Matthew-19-24/

regards
  • #47,520
  • Jun 22, 2014 8:50am Jun 22, 2014 8:50am
Quoting Jacque
{quote} secret heard in lyrics first vid - : peeps always make mistakes, hope is not oneself make the mistake second vid - treat things like how the wind passes by, let go of it without scars.. regards may i ask what is the topic? else i have many imaginations 1. name of song is "Worth it". yes, ways of life need school of hardknock to teach. if that is the topic, i guess we are looking at mindset? 1. ok so about love - peeps in love always make mistake, because emotions take over vs logical thinking. however, peeps outside can...
so becareful what marry,esp positions one have feeling for hor.
mostly when one feel, dang markets have no logic, until you cut will feel they stupid.
even after cut may feel same. but they stpid make your pips. the clever ones always lose.

in trading i very afraid of intelligent traders. the more intelligent, the more scared i am.
esp when they ask , why 75?
I also like ask why is sky blue?
Why is a table not called a rose?

search thread about my talking about intelligent fool.
"there ain't no fool, like an intelligent fool."




regards
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