Technical Analysis Fallacy

oh swis!!! I was also know but.

aye aye sir.

hi alexandria, you already said it yourself
"BUT not to be used rigidly and not signals."

but you also says Price will come back to MA which is contradictory in nature. Yes, price will come back, and is it also not true that it may come back in 5mins or 5hrs or 5 days or 5 years or 50years or 500 years. question is, when does it come back?

I am not sure if it is a language issue whether you already understood and use the "will" casually. but if it isnt a language issue, then you can think of it this way: If one sees a girl/guy winking at you, does it mean she is interested and WILL be going out with you?

indicator is only a guide, pls dont use the word, "will". by that token, one could also use fibonacci and say price WILL retrace back to 38%, 50%. If that is the case which is better? fibo or MA?

the predictive nature of indicator that many peeps use is the "Fallacy" that this thread is talking about. Please read thread again, at least first 200 pages. You should be able to find the fallacy in the first 10 pages or so.

did you read thread? that post you referencing is on pg1831 according to my setting and fti talked about assansins on pg 1294

http://www.forexfactory.com/showthre...47#post4686547

aiya, you pls read thread. dont jump the gun.

i also re-reading thread the 2nd time. i am those type that need someone verbally teach, show and correct errors and i will able learn fast but it will be painful for me and the tutor because i will most likely get scolded many times. even though is painful, that is still my preferred way of learning.

with reading, i tend to go fast and not really absorb the essence. i guess you may have similar problems as me. so, go read again, it helps

sorry - thanks for help.

The thread takes a long time to read and re-read and re-read and re-read... at least for me.....

thanks again..do not mind being scolded ... more reading for me...

I totally agree with what you said and I get it - so do not worry - but thanks again - I am not gonna predict with ma

sorry - above post sounded like I had not thought about it at all.

I have truly - so very sorry and I do appreciate your guidance - to be true to fti's teaching is the way - else start out with weak foundation.

sth else on my mind....

Your are correct - need patience

Prepare for marathon.....this not the sprint.....


V

MY last post at fti. life goes on.

outside day on the E/U, MAY be worth keeping an eye on?????....... also look at X's

..........http://www.investopedia.com/terms/o/outside-days.asp

regards

Phil.

http://newswatch.us/another-jp-morgan-banker-dead/

http://www.silverdoctors.com/jim-wil...istle-blowing/

https://www.google.co.uk/search?es_s...=1#q=phil13+fx

i have not got a facebook or twitter account, and who's money4tech?????????? ......

this is not me putting these things on these sites.....seems we all being targeted!!

be careful out there.

regards

Phil.

Hi Guys... I just started reading this thread, becoz... I have felt... there's "something" to this thread that's valuable. And I peek in here in the last pages... and see that.. many are saying goodbyes.. and good bye messages all around here. Why??? what's wrong?
0
Never say good bye..... and hey guys... "See u soon" let me just catch up here.... 2 done... 2450 more to go....

Hi - I am quite new to this thread too - although been reading it a long time. Here is my advice - graciously given to me by others here.

First there has been a problem with the moderation of the thread I believe although I do not know details - but the chief fti - you will read about him in this thread - felt he could not continue - after all he has put in so much of his soul here... but it is all very sad.

I came here because after some years of reading what people were saying about usual sorts of stuff and studying cable I came to believe that it did not matter what Elliotticians or anyone else said - the market did what it wants - so how can we predict anything and I have been trading h4/h1 in this manner i.e. following the market flow and using long-term & short-term trades - but felt something was missing and I wanted to know what the big guys did & better multiple trade management... I then looked for stuff to do with trend and via a roundabout journey found this best thread I have read - although TBH I have not read that many. So the ethos in this thread of following/dancing with the market and using MO/MM/PA - Romance of the 3 Kingdoms - suits me - but be careful to stay on the right fti path - demons can strike.

So you need to read the thread - and work through it carefully - fti says nothing that he has not thought about and everything has lessons for us all in trading & life - study Art of War. Then you have to learn how to read the market for yourself and it is a journey -with fti and the others in the thread helping you along the way.

I am working through the thread - need more patience & it took me quite a while to get into it - I need to read everything lots of times as each time I get more from it - but you also have to learn how you can read the market - we all see it differently.

So even though thread may or may not continue - take a copy of it for yourself and work through it - it is fantastic - have an open mind - do not be RIGID or predictive - learn to dance with naked charts - learn when best opportunity to attack & when best opportunity to rescue & adjust/be flexible to changing circumstances - oh and do not get trampled by large elephants & sharp news - manage your book. I think lots of people here have started their own journals which you can go and look at for some example trades - BUT that is how they see the world and you need to do it for yourself.

I am gonna continue to work through thread - even tho' fti is not here (sure he is out there having fun) - and ask questions if I need to - I know my questions may seem stupid but I do get confused - if no-one continues here then I will still continue with fti's way - I believed in it before I had even heard of him.

So do not worry that fti may not be here...it is all about you

Regards

FTI, just as you had said previously. Your words came true.

How have you been?

Hi chief, im in sarawak at the moment paying respect with elders. We went to the jungle early this morning and caught some kijang, babi hutan, musang and labilabi with some durian. All with a remington rifle...

.22?

regards

hope u having fun - I am staying on the right path with help of others.... so your spirit is here a little...........

so I am. where there is chief.