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Technical Analysis Fallacy

  • #48,961
  • Edited 11:30am Jul 21, 2014 11:16am | Edited 11:30am
Quoting Pip Anon
{quote} If you cannot utilize it to your benefit, that's not the analysis method's fault. There's no holy grail, but to say price action (the basis of technical analysis) has nothing to do with an asset's movement is hog wash, indeed. Regardless of your biased method, it's all placing a bet on the asset's direction whether it be technical analysis, fundamentals, statistical arbitrage, etc. I use a combination of several methods and do quite well. I know people that only use technical or fundamental analysis and also do quite well. I know plenty...
wah,
a lttle knowledge , its a dangerous thing.

"When the facts change I change my mind, what do you do"
when facts change i just change to more comfortable positions only.
mind remains same.

regards

should i repeat the story about the 3 blind men and the elephant?
nevermind, you go find it yourself.
its on the thread.
  • #48,962
  • Jul 21, 2014 11:22am Jul 21, 2014 11:22am
Quoting Pip Anon
{quote} If you cannot utilize it to your benefit, that's not the analysis method's fault. There's no holy grail, but to say price action (the basis of technical analysis) has nothing to do with an asset's movement is hog wash, indeed. Regardless of your biased method, it's all placing a bet on the asset's direction whether it be technical analysis, fundamentals, statistical arbitrage, etc. I use a combination of several methods and do quite well. I know people that only use technical or fundamental analysis and also do quite well. I know plenty...
just 1 simple question. How is the father!!!!! oh I means price or indicators. some one not get even a bit of teats after all the food eating.
regards.
don't predict direction, but dance with flow of water
  • #48,963
  • Jul 21, 2014 11:37am Jul 21, 2014 11:37am
Quoting Pip Anon
{quote} If you cannot utilize it to your benefit, that's not the analysis method's fault. There's no holy grail, but to say price action (the basis of technical analysis) has nothing to do with an asset's movement is hog wash, indeed. Regardless of your biased method, it's all placing a bet on the asset's direction whether it be technical analysis, fundamentals, statistical arbitrage, etc. I use a combination of several methods and do quite well. I know people that only use technical or fundamental analysis and also do quite well. I know plenty...

Maybe read MO 1st
Then a little bit about fti--where he has been
All in thread
You'll be mind blown
  • #48,964
  • Jul 21, 2014 11:50am Jul 21, 2014 11:50am
Quoting Pip Anon
{quote} If you cannot utilize it to your benefit, that's not the analysis method's fault. There's no holy grail, but to say price action (the basis of technical analysis) has nothing to do with an asset's movement is hog wash, indeed. Regardless of your biased method,

...what is the "biased method" - maybe you can tell me.... know that and you will know the response to your post - think carefully - good luck
check out the terrain - follow never lead
  • #48,965
  • Jul 21, 2014 11:58am Jul 21, 2014 11:58am
Quoting fti
{quote} read with caution. PG rated, mind blowing thread? ;rofl: ai ya fti, here's rope, go do the necessary. regards eeeer, tie rope to canon trigger? ai ya tie rope to spring triiger la. then jerk. http://www.youtube.com/watch?v=iTye9JuOhSk
I think maybe thread not suitable for pseudointellectual.
Only for those who actually welcome it with open heart & mind.
What am I going to know more than an interbank tier 1 dealer of highest honors w/ 25+yrs exp?
I no challenge fti, he has loads more exp, I best embrace his teachings.
Maybe should of started thread with ROI figures o' something.
  • #48,966
  • Jul 21, 2014 12:08pm Jul 21, 2014 12:08pm
Quoting fti
{quote} yu cannot see ROI in your book meh? you put platter in the open , you'll gets lots flys hor. stay under radar. regards http://www.youtube.com/watch?v=6iaR3WO71j4
I count my blessings every day that a man was willing to share this.
Book is ridiculous.
Maybe reread thread like 3 times for better figs.
  • #48,967
  • Jul 21, 2014 12:40pm Jul 21, 2014 12:40pm
Quoting fti
{quote} wah, a lttle knowledge , its a dangerous thing. "When the facts change I change my mind, what do you do" when facts change i just change to more comfortable positions only. mind remains same. regards should i repeat the story about the 3 blind men and the elephant? nevermind, you go find it yourself. its on the thread.
Um, wouldn't changing positions require changing your original thoughts on why you placed the trades in the first place? Whoa, you see what you did there? You changed your mind.

What is dangerous is your pandering biased objectives. You can talk about stories, while I talk about real experiences.
When the facts change I change my mind, what do you do sir
  • #48,968
  • Edited 7:14pm Jul 21, 2014 7:01pm | Edited 7:14pm
ok i asked for no clean up of my postings on the attack by bastards.
Twee, i will be leaving forex factory for good.
your peeps can pls delete this thread as well.

regards
  • #48,969
  • Jul 21, 2014 8:16pm Jul 21, 2014 8:16pm
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  • #48,970
  • Edited 10:25pm Jul 21, 2014 10:12pm | Edited 10:25pm
Quoting fti
ok i asked for no clean up of my postings on the attack by bastards. Twee, i will be leaving forex factory for good. your peeps can pls delete this thread as well. regards

Aiyoh fti, no like that leh. Evil always ard us, they will be judged on judgement day hor. Twee just doing his job cause the discussion got too inflaming , very hard to relate back to tarding. A little bit of bible still can argue say it's for mindset . Very hard to give in hor, if give in need give in to everyone else to be fair and sq. and given forum everyone hide behind, lots of peeps everyday flaming each other, very tough job for Twee.

Aiya, hope u relac a bit and come back soon read this deep secret. Else evil would have succeeded in driving u away hor.
THE ALL is MIND; The Universe is Mental
  • #48,971
  • Edited 10:27pm Jul 21, 2014 10:12pm | Edited 10:27pm
Goodluck for your series 3 exam this nov! Lol.
Anyway this kind of potshots is not good for Chiefs health. Chief is in the light, and there are always despicable people hiding in the dark taking potshots. When challenged, dun even dare to show face or credentials. Not even a worthy opponent.
  • #48,972
  • Jul 21, 2014 10:23pm Jul 21, 2014 10:23pm
chief it is there way to district any good thing. are you not a fighter, build iron wall, and come back for us.
@ pia Anon you don't know what you did.
don't predict direction, but dance with flow of water
  • #48,973
  • Edited 11:06pm Jul 21, 2014 10:54pm | Edited 11:06pm
Luke 23:34


Would anyone mind sending me fti's contact information...? I never got his Facebook and he said he had one.I'm so sad right now, like I lost family member. I've been saving each page one by one for offline reading. My hand getting cramps. I left work early because of his post.

I've never hated a person so much like I hate anon. >
IIIIIIIIIIIIIIIIIIIIIII fuuuuuuuuuuuuuuuuuuuuuuuuuuuckkkkkkkkkkkkkkkkkkkinggggggggggg h8888888888888888 UUUUUUUUUUUUUU

People don't argue after a first posting in a thread. That's like reading page 1 of book, table of contents(more like title) or w.e and saying, fuck it, this is wrong. You read entire book, and form an opinion at the end.
If you disagree with MO, you can lay out its flaws. fti would be happy to address the concerns, just like he has done throughout entire thread, since 2007. If peeps not think content is good, how do you explain 2000 pages+ replies? I have friends... I can hang wherever the fuck I want. I don't need to join thread to do nothing. But the thread has awesome information regarding mkt, and even more awesome people who help each other better understand the wisdom past down by a man with a lot of heart.
  • #48,974
  • Jul 21, 2014 11:27pm Jul 21, 2014 11:27pm
swis!!! we have only this thread that grate person. even don't know his name. a true dedicated master how give us the light in dark path. I loss my hart. did we have any good computer tech person how can make this space more safe for fti.
don't predict direction, but dance with flow of water
  • #48,975
  • Jul 22, 2014 2:12am Jul 22, 2014 2:12am
Hi Fti

Good luck with whatever you decide to do, I wish you all the best my friend, thanks for everything you have done for me and others, it has been a pure pleasure reading your thread and talking with you. .



Unfortunately opinions are like a’’holes, everyone has one and those who do not know how to use their brain talk through theirs most of the time.

People generally hate to see others happy and quietly getting on with things without disturbing others, I guess they think we are lucky and they have no idea how to get where we are, that is why they come here and try to upset things to try to bring us down to their level, but what they forget/do not understand is ‘AS YE SOW’.

To all my friends here

Regards

Phil.
-be careful about what you allow to be put in your mind-
  • #48,976
  • Edited 3:11am Jul 22, 2014 2:49am | Edited 3:11am
@ phil13. no not at all. cheif has to come back. you know it is the place he visit even when he is hospitalize . why for some bad ones, fti disconnect from his play ground.
it is not about trading , thread is enough for that purpose. but as a grate person. who always show us a positive side of life. inspiring. life changer of many peoples. how he can step back bcz some devil action.
no I never say good by to fti. I will Wait. Wait............. till I will no more!!!!!!!!!!!!!!!!!!!!!!!!!!.
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don't predict direction, but dance with flow of water
  • #48,977
  • Jul 22, 2014 3:07am Jul 22, 2014 3:07am
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don't predict direction, but dance with flow of water
  • #48,978
  • Jul 22, 2014 3:11am Jul 22, 2014 3:11am
Its heart warming to see how Chief has changed so many people's lives for the better
  • #48,979
  • Jul 22, 2014 3:32am Jul 22, 2014 3:32am
consolidation or bounce or fall through.. 75/00.. lay your plans..


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  • #48,980
  • Jul 22, 2014 4:20am Jul 22, 2014 4:20am
fti

I do not personally know you - but I thank you for this thread with all my heart. It is providing answers to my questions every day. It is changing my mindset for the better. You make me smile with your good humour and wisdom and very often .

People should read the thread in more detail and not be rude in their posts - I know it felt kooky to me at first but in a good way - and I think I understand a bit about why you have been teaching it the way you have. So everyone has to read it and go on their own journey of discovery - that is where your answers lie.

I do hope you continue - to everyone here - please continue with your expressions/language in any way you wish with whatever you do - I have prizes for English and I love your free flowing spirit - language is not dead - there are always gonna be those out to get you and bring you down - ignore em and love life and keep having fun... don't let the b... grind you down. Love them and hope they learn.
check out the terrain - follow never lead
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