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Technical Analysis Fallacy

  • #48,141
  • Jul 6, 2014 2:44am Jul 6, 2014 2:44am
Quoting Jacque
{quote} Opps, we talking about power right? In relation to honor and dignity. Some peeps honor and dignity are faked. They made it up and that's y peeps able rent them. But the public not knows..
you very confused.

Is just that, some peeps just cannot have POWDER.
Only that.
actually is many peeps.

nothing to do with powder.
is just peeps.
"gun don't kill people , is people."

is same as money is not evil, is the peeps. Its just medium of sxchange and trade.store of value..................................

regards
  • #48,142
  • Jul 6, 2014 2:56am Jul 6, 2014 2:56am
Quoting fti
{quote} you very confused. Is just that, some peeps just cannot have POWDER. Only that. actually is many peeps. nothing to do with powder. is just peeps. "gun don't kill people , is people." is same as money is not evil, is the peeps. Its just medium of sxchange and trade.store of value.................................. regards
Yes, I confused aldy, what's the difference between powder and POWDER? The other one just upper cap? And what's WoY?
THE ALL is MIND; The Universe is Mental
  • #48,143
  • Jul 6, 2014 2:57am Jul 6, 2014 2:57am
Quoting Jacque
{quote} better accumlate more money lah ..
what you want so much money for?
ok i give you 1 trillion.
only 1 condition.
lay in bed eat bread drink water only.

you want?

so to make sure you conform .
I chop off your arms and legs. You won't be needing em.
pecker you can keep.
at least you won't be bored.

wake up already la.
regards
'
  • #48,144
  • Edited 3:36am Jul 6, 2014 3:16am | Edited 3:36am
Quoting Jacque
{quote} Yes, I confused aldy, what's the difference between powder and POWDER? The other one just upper cap? And what's WoY?
POWDER?

power with desire.

WoY is just a term i use when i speaking to some peeps.
normally means don't speak Woy with me.
is unspeakable.
cannot play the tune by talking.
the music not comes from the instrument. That just a tool.
comes from the player.


regards
Attached Images
  • #48,145
  • Edited 4:48am Jul 6, 2014 4:00am | Edited 4:48am
Inserted Video
  • #48,146
  • Jul 6, 2014 4:49am Jul 6, 2014 4:49am
Hi - all - new to thread and working through it from start with many read and reread of posts - feel I must apologise so as not to intrude on this long running thread - I am very grateful for anyone's help in understanding market dance.

I am confused about the term "trend" being used at start of thread. I have attached a chart with what I see as d1 waves on cable using hip/lop (1 either side) - I do not draw these waves on my charts this is just to see if this is what you guys mean by a trend - is an uptrend L H HL HH that breaks down trend or Elliott sense look for 5 impulsive waves then PB - Elliott confuses me as the market is mostly a series of corrections with large C waves and many X waves. I stopped trying to predict using Elliott as it was too complex and most people seemed to get the market wrong to me and at a point as I was trying to learn about it they were all predicting it is going short for sure and all the market did was keep going the way it had been - long) and so I figured out that what actually mattered most was the direction in which the market wanted to move and not Elliott predictions after all if the market wants to move in a direction it can just create the required PB x wave then go the way it wants.

So what is trend and which trends matter- to trade at m5 level it seems to me what h4/h1/m15 is doing is VIP with an eye to d1 - to align m5 with d1 seems too far away often.

Any help with trend definition and which trend would be respectfully received.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusddailywaves.png Size: 70 KB
check out the terrain - follow never lead
  • #48,147
  • Edited 5:32am Jul 6, 2014 4:49am | Edited 5:32am
Quoting fti
{quote} what you want so much money for? ok i give you 1 trillion. only 1 condition. lay in bed eat bread drink water only. you want? so to make sure you conform . I chop off your arms and legs. You won't be needing em. pecker you can keep. at least you won't be bored. wake up already la. regards '
Aiya, the way u say this give me 1 trillion and lay in bed seems extreme then just now say no money no honey and etc also seems contradictory.

Actually very simple lah, we can't do without money because need it for exchange things we need and take care of peeps ard us and get some entertainment to enjoy life. Especially in Sg, if one get illness but cannot die is worse off than those dead. Why? Because need spend much money to see private doctor. Why? because government hospital need wait forever and by the time ur turn come to do just a simple MRI scan, cancer maybe developed from stage 1 to stage 3. And government don't care hor, they just tell you everyone else also wait. But hor got catch, minister no need wait and they just need pay $8 because thy able afforf buy all insurance. And our gov say building hospital everywhere claiming they taking care. In reality is all mask hor, still the same need wait long time.


Sorry digress. Is those who greedy and use bad means to get money and wants lots money to do bad things which brings the idea of accumulating mre money sounds bad. Like what y say hor, money no evil is the person who is evil.
I not evil hor but I don't mind having more pennies in my pocket so that I able do what I want to do. And since more peeps on earth means need pay more middle man to get things done or more demand for things which jack up price. Inflation hor. So anyone wants teach me correct means get more money, why I not learn leh?


Now I understand WoY, have another term, NATO - no action, talk only
THE ALL is MIND; The Universe is Mental
  • #48,148
  • Edited 5:33am Jul 6, 2014 5:18am | Edited 5:33am
Quoting alexandria
Hi - all - new to thread and working through it from start with many read and reread of posts - feel I must apologise so as not to intrude on this long running thread - I am very grateful for anyone's help in understanding market dance. I am confused about the term "trend" being used at start of thread. I have attached a chart with what I see as d1 waves on cable using hip/lop (1 either side) - I do not draw these waves on my charts this is just to see if this is what you guys mean by a trend - is an uptrend L H HL HH that breaks down trend or Elliott...
my main indicator of trend direction " you have rubber band snap backs in the direction of trend directions,
and slow puffy moves counter trend." (from thread.)

the accepted definition of a trend is a persistent direction of move,
on an up trend the highs get higher and low stays higher,
conversely a down trend, when the low gets lower and the high stays lower.

no trends move in a straight line advance or decline.
within any major trend, there are minor trends, then there are intraday trend, hourly trends and so forth.
its your choice to decide which is within your scope to cope with.

For overnight positions, its only prudent to stay with the major trend, cos' no one knows when it will kick in.
for managed daylight you should always trade the dance.
don't predict direction, but dance with flow of water
  • #48,149
  • Jul 6, 2014 5:34am Jul 6, 2014 5:34am
moreover there are times where there are no trends.
or trends are slowing down, we call that topping or bottoming action.
If you trade trends only, do not feel that you have to have a position.
There are times when no position is a position.
If you traded trends only, probably 70% of the time you would be aside.
don't predict direction, but dance with flow of water
  • #48,150
  • Jul 6, 2014 5:41am Jul 6, 2014 5:41am
If you look at your daily chart , you had 3 days warning of lethargy .look for final warning in coming days,
Attached Image (click to enlarge)
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don't predict direction, but dance with flow of water
  • #48,151
  • Jul 6, 2014 6:15am Jul 6, 2014 6:15am
"Liquidity is not the thrust factor of the directional sweeps of a marketmaker.
The thrust factor in market movement is predominantly the cluster size of stops and the trail of ("self-feeding") stops triggering.
New supply of trades entering the arena that the initial thrust may create makes it a wildcard at best. No one can knows before hand, of how the sweeps may pan-out. Although marketmakers may have a small scope of forward sight as alike the headlights of a car travelling at night."

​short stop cluster in cable are attractive
don't predict direction, but dance with flow of water
  • #48,152
  • Jul 6, 2014 6:57am Jul 6, 2014 6:57am
Quoting priceaction1
If you look at your daily chart , you had 3 days warning of lethargy .look for final warning in coming days, {image}
Thank you for your kind reply - very much appreciated - I think you are saying that I am correct in my thinking that I see a trend as the market moving nicely in the direction it wants to go in higher highs/lows - that is good enough - it should be obvious if it is trending long or short - feel it rather than define it mathematically - trends are clear.

Why do you see these candles as lethargy - I notice the open and close of this group shows not much movement added together doji like so sideways topping out action - can see this on h1/h4 swings. Does the long leg matter?
check out the terrain - follow never lead
  • #48,153
  • Jul 6, 2014 7:05am Jul 6, 2014 7:05am
@alexandria, say thanks to fti bcz it is extract from thread. read it from page 1 to not less than 200 pages,

best regards.
don't predict direction, but dance with flow of water
  • #48,154
  • Jul 6, 2014 9:16am Jul 6, 2014 9:16am
Quoting priceaction1
@alexandria, say thanks to fti bcz it is extract from thread. read it from page 1 to not less than 200 pages, best regards.
hi - fti - of course very many humble thanks for all your advice and words posted in this thread.

I am working through this thread from start - I have to reread lots of posts as I miss a lot at first few reads - lots to research too - I need to try to let go of what I thought as it affects what I read - my fault too rigid sometimes.

I think my decision to forget about what people say and just try to go with market flow is what this thread is about - forgive me if I have gotten it wrong somewhere.
check out the terrain - follow never lead
  • #48,155
  • Jul 6, 2014 9:26am Jul 6, 2014 9:26am
hi all

A request - is anybody willing to demo this style of trading - for newbies like me to watch and learn the general approach to get a feel of it - although I know I have to learn from my own experiences this would be invaluable to me? I have my own software tool that lets me walk through different time frames - so I can manually back test without seeing future. My partner and I are software developers and so we wrote what we needed.

Regards.
check out the terrain - follow never lead
  • #48,156
  • Jul 6, 2014 9:30am Jul 6, 2014 9:30am
Quoting alexandria
hi all A request - is anybody willing to demo this style of trading - for newbies like me to watch and learn the general approach to get a feel of it - although I know I have to learn from my own experiences this would be invaluable to me? I have my own software tool that lets me walk through different time frames - so I can manually back test without seeing future. My partner and I are software developers and so we wrote what we needed. Regards.
hello alexandria, dont mind me saying, have you understood at least the basics of the thread? do you know how to drive? did you learn how to drive just watching somebody drive? or did you learn the basics first and then incorporate with actual driving class?

the first basics: Mindset, you understand that already? how about market structure?, aiya, go read thread lah

i am also re reading thread,
you want capture the demo to do what? you capture the formula one racers racing without basics, can learn how to race meh?
THE ALL is MIND; The Universe is Mental
  • #48,157
  • Jul 6, 2014 9:35am Jul 6, 2014 9:35am
Quoting alexandria
Hi - all - new to thread and working through it from start with many read and reread of posts - feel I must apologise so as not to intrude on this long running thread - I am very grateful for anyone's help in understanding market dance. I am confused about the term "trend" being used at start of thread. I have attached a chart with what I see as d1 waves on cable using hip/lop (1 either side) - I do not draw these waves on my charts this is just to see if this is what you guys mean by a trend - is an uptrend L H HL HH that breaks down trend or Elliott...
Don't over complicate things mate. The only thing to get from Elliot is knowing corrective waves, and impulsive ones. You can label the blatant waves if it helps you. You also don't have to wait for the moon to align to trade. From what I picked up from the thread early on was to align m5, h1, & d1(though later I picked up sometimes fti trades against day and follows more closely 1h) // m15 for clear picture/ in case not shown on m5. Don't predict mkts, just form a bias and be confident in your plan. Don't marry a position based on your ego either. Flip if momentum is strongly opposing you(u clearly wrong side) etc... Read first 400 pages of the thread and you'll get all the little gems ingrained in ya.
  • #48,158
  • Edited 9:59am Jul 6, 2014 9:43am | Edited 9:59am
Quoting Jacque
{quote} Aiya, the way u say this give me 1 trillion and lay in bed seems extreme then just now say no money no honey and etc also seems contradictory. Actually very simple lah, we can't do without money because need it for exchange things we need and take care of peeps ard us and get some entertainment to enjoy life. Especially in Sg, if one get illness but cannot die is worse off than those dead. Why? Because need spend much money to see private doctor. Why? because government hospital need wait forever and by the time ur turn come to do just a...
extreme, one will feel not so extreme when one gets used to the tempereture.
Is call adjustments.
things stable at equiligrium, eirher end is extremes.
can only tell you about balance/equilibrium.

ya, i believe the super rich also thinking like you.
more will make more stable.
so keep adding sugar.
until it saturates and show cyrstals, one can still keep adding.
don't think anytime adding sugar it will explode.

defination rich means have lots without purpose.
wealthy means have enough for the purpose.

why you speak like you a slave?
if you sick prepare for the inevitable.
you reallly think anyone can really help?
a broken finger can recover itself.
a broken mind?whats the antedote?

There is limit what anyone can do.
Don't expect everytime shit, someone will wipe.
They do what they can.
You need do things for self.
Otherwise they help is fine, they don't is also fine.
If you expect free lunch, you may starve DoA waiting.

regards

Don't ask what DoA. Is nothing to do with WoY.
  • #48,159
  • Edited 10:10am Jul 6, 2014 9:56am | Edited 10:10am
Quoting fti
{quote} extreme, one will feel not so extreme when one gets used to the tempereture. Is call adjustments. things stable at equiligrium, eirher end is extremes. can only tell you about balance/equilibrium. ya, i believe the super rich also thinking like you. more will make more stable. so keep adding sugar. until it saturates and show cyrstals, one can still keep adding. don't think anytime adding sugar it will explode. defination rich means have lots without purpose. wealthy means have enough for the purpose. regards
extreme because why sudden give me 1 trillion for what? and want me give up my freedom confined to bed, what can the moeny do? is only when have freedom then the moeny got use mah. of cuz if one able make $100000 a day in business then slowly accumulating to have 1 trillion in bank then is different story lah.

maybe its hard express what i saying in words here, but i not think like the rich add more make stable. my thinking very simple, if moeny comes knocking on my door in acceptable way, keep it. if not walk away. and not simply just keep more the for no reasons. keep more because, a lot of things in life simply boils down to moeny. daily life, expenses, bills, health. many quarrel between couples , family all boils now to money for the avg peeps, for rich peeps maybe boils not to mistress, scare peeps rob or whatever. for the poor, is not enough moeny cause problems, for the rich is too much moeny cause problems?

me just want enough to be wealthy
THE ALL is MIND; The Universe is Mental
  • #48,160
  • Edited 10:12am Jul 6, 2014 10:01am | Edited 10:12am
Quoting Jacque
{quote} extreme because why sudden give me 1 trillion for what? and want me give up my freedom confined to bed, what can the moeny do? is only when have freedom then the moeny got use mah. of cuz if one able make $1000 a day in business then slowly accumulating to have 1 trillion in bank then is different story lah. maybe its hard express what i saying in words here, but i not think like the rich add more make stable. my thinking very simple, if moeny comes knocking on my door in acceptable way, keep it. if not walk away. and not simply just keep...

I know peeps who have billions.
He still died when its time to go home for him.
even with 3 shift nurses , still if you have to go you have to go.

If money knocks on your door. be very careful.
money you need work for it.

regards

What i trying tell you with the 1 trillion talk is.
money solves nothing.
Only gets you more tools deal with your situation.
Money cannot change anything.
can only get you more tools.
Its you that can change things, sometimes.

don't work for the money.
if you work correctly , it comes seek you.
if you rogue & money still seeks you , watch out the attachments inside.
There is a bigger picture you cannot see.
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