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Technical Analysis Fallacy

  • #50,481
  • Oct 29, 2014 8:17am Oct 29, 2014 8:17am
Today FOMC. my view , best strategy is wait , trade after the news .
  • #50,482
  • Oct 29, 2014 9:23am Oct 29, 2014 9:23am
Quoting fxmusa
Today FOMC. my view , best strategy is wait , trade after the news .
You really must read the thread slowly and demo it to learn.

If market is dancing long then go with it - if it keeps going scale in - if you feel it is weakening scale out.

If market is not going up then it is going down. If market is not going down well then it is in congestion (thanks FTI).

Ask questions here so all can learn and improve. You really must read through thread - it is your journey.
check out the terrain - follow never lead
  • #50,483
  • Oct 29, 2014 10:12am Oct 29, 2014 10:12am
thanks
  • #50,484
  • Oct 29, 2014 11:27am Oct 29, 2014 11:27am
hello Michael,everybody,any helping posts regarding FOMC

thanks in advance
Learning is a Journey Not a Destination
  • #50,485
  • Oct 29, 2014 1:24pm Oct 29, 2014 1:24pm
Quoting FFStudent
hello Michael,everybody,any helping posts regarding FOMC thanks in advance

Hi FFStudent

i am not good myself with fundamentals but if you click on the folder on the FOMC statement in the FF calendar it will give you the info you are probably looking for.

here it is but is clearer/better set out in the folder.

  1. Specs
  2. Forex Factory

SourceFederal Reserve (latest release)
MeasuresInterest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight;
Usual EffectActual > Forecast = Good for currency;
FrequencyScheduled 8 times per year;
Next ReleaseDec 17, 2014
FF NotesThe rate decision is often priced in the market so it tends to be overshadowed by the FOMC Statement which is focused on the future;
Why Traders
CareShort term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future;
Derived ViaFOMC members vote on where to set the target rate. The individual votes are published in the FOMC statement;
Also CalledInterest Rates, Fed Funds Rate;
Acro ExpandFederal Open Market Committee (FOMC);

-be careful about what you allow to be put in your mind-
  • #50,486
  • Edited 2:18pm Oct 29, 2014 1:55pm | Edited 2:18pm
Ahh thank you for the pips. Lots lots. 1.2733 to 1.2635 Also my Yen, just lovely, now we see what the big big block at 110?

THIS SONG FOR YOU. iS JUST BEGINING THIS YEAR AGAIN.
Last slice on you. manipulate la. This only round 1. already i think he going to drop ko.

Even the lady knows is last song for BOO.

Inserted Video
  • #50,487
  • Edited 2:27pm Oct 29, 2014 2:05pm | Edited 2:27pm
come rally.
i waiting for you big sword.

so solli my exuberance today, i too belly happy. long waiting not wasted.
I just lope it when a plan come together. classy one.
pls excuse.


Inserted Video



and much Thank You to Yellen. Yeeha , geranimo.
Actually i not only happy on pips.
I love it when see manipulators change colour. Life's work. I celevrate every time i see 1 dies standing.
Show la your muscles, as if i scared.

regards
  • #50,488
  • Edited 2:41pm Oct 29, 2014 2:30pm | Edited 2:41pm
everyone saw it?Total vacuum of bids.
cut thru like hot knife on butter.
manipulate la.


Inserted Video


i ready round 2 ko you hor, no be careless.
  • #50,489
  • Oct 29, 2014 2:55pm Oct 29, 2014 2:55pm
Wah, today you also over night hors...

I make Kopi - O gao for you ?
We can share.. kaya roti also
Fall in love with the process, and the outcome takes care of itself.
  • #50,490
  • Edited 3:41pm Oct 29, 2014 3:25pm | Edited 3:41pm
Quoting RelaxRay
Wah, today you also over night hors... I make Kopi - O gao for you ? We can share.. kaya roti also
Kopi kau kau pls. O O no sugar pls.
roti kaya.... sangat kaya type. yin yang , bua lots gu yu hor.
Thank you belly much.

Love see his face when his boss bua gu yu him for loss.hehehe


regards

Actually today i over board happy, dangerous sign.
now need mediatate and pray lots for naughty.
need try stay cool cool. try no get complacent.
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  • #50,491
  • Oct 29, 2014 3:44pm Oct 29, 2014 3:44pm
Quoting fti
{quote} Kopi kau kau pls. O O no sugar pls. roti kaya.... sangat kaya type. yin yang , bua lots gu yu hor. Thank you belly much. Love see his face when his boss bua gu yu him for loss.hehehe regards Actually today i over board happy, dangerous sign. now need mediatate and pray lots for naughty. need try stay cool cool. try no get complacent. {image}


i also needed that, to stay cool.
aiya, too much caffeine already.
Fall in love with the process, and the outcome takes care of itself.
  • #50,492
  • Edited 4:27pm Oct 29, 2014 3:50pm | Edited 4:27pm
need carefully plan hext move.
the bugger cannot even stand up.
earlier he bully market like he master of the universe.
now cannot even stand up.

regards

he now murking around my pee point.
i know he watching.
next one need give the ............

Inserted Video


you be careful hor, he will be reaching for his bag of tricks also.
remember hor, he BIG can move markets 50-60 pips without any reason whatsoever.
and i am so scared. fomc only managed move 40 pips from where he muscled.
lucky i know how to siam. Otherwise get head shot i fainted already.wah so so BIG.
  • #50,493
  • Edited 4:53pm Oct 29, 2014 4:40pm | Edited 4:53pm
The bigger the pot the more the burnt rice.
wah i so afraid of manipulative BIG pots.
So scared. They can make market stand at 1 price for hours, or they can move markets 60 pips in nano seconds. wah so BIG.
Maybe even have get out of jail free card pass go collect $200.
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  • #50,494
  • Edited 5:17pm Oct 29, 2014 5:01pm | Edited 5:17pm
see, even can hack my internet when ever they choose to.
if i depended on internet alone for prices , would be very dead duck.

They thought they blocked me. Try harder.
  • #50,495
  • Oct 29, 2014 6:25pm Oct 29, 2014 6:25pm
Holy moly, +950pips today, thank you Janet Yellen
Be like water making its way through cracks.
  • #50,496
  • Oct 29, 2014 11:13pm Oct 29, 2014 11:13pm
Quoting fti
Ahh thank you for the pips. Lots lots. 1.2733 to 1.2635 Also my Yen, just lovely, now we see what the big big block at 110? THIS SONG FOR YOU. iS JUST BEGINING THIS YEAR AGAIN. Last slice on you. manipulate la. This only round 1. already i think he going to drop ko. Even the lady knows is last song for BOO. http://www.youtube.com/watch?v=J2WJM9KnSsA

Hi fti

well done my friend .

i did not trade it but will be looking for the other possible legs.

Regards

Phil.

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-be careful about what you allow to be put in your mind-
  • #50,497
  • Edited 11:53pm Oct 29, 2014 11:25pm | Edited 11:53pm
Quoting phil13
Hi Atomic Sheep may i suggest that for own security reasons that you black out your account number. i see you use bright colours for your candles on a dark background, i used to do that as well, i noticed i could see what was going on much better if i use dull colours, i think the brightness of the big candles had to much glare and distracted my eye away from what i thought i was looking at, just a thought you may or may not want to consider, it definitely makes a difference for me. here is what i use now, but you may prefer something different,...
Thanks for pointing that out!

Quoting fti
everyone saw it?Total vacuum of bids. cut thru like hot knife on butter. manipulate la. http://www.youtube.com/watch?feature...&v=bqpGct5jqVw i ready round 2 ko you hor, no be careless.
Been waiting for this trade for some time and now I missed it, very frustrated . Didn't think FOMC meetings have such an impact. Should have got up at 5am.
  • #50,498
  • Oct 30, 2014 12:50am Oct 30, 2014 12:50am
Quoting fxmusa
Today FOMC. my view , best strategy is wait , trade after the news .
Hi so have you been reading thread and realise what is being said last few days on FOMC - you see there is lots to learn not just FOMC but before look at what happened and what has been said here for last few days - lots of lessons in there - what is a range and what to do - what is an impulse and what to do?? Ro3K look is there anything you can take from this. But then you only really learn by the doing - go with the flow.

You see you will learn in this way in doing - no easy way.

Sorry not trying to be hard but you were worrying me on pm.

I have learnt lots too in the doing.
check out the terrain - follow never lead
  • #50,499
  • Oct 30, 2014 1:13am Oct 30, 2014 1:13am
Quoting phil13
{quote} Hi FFStudent i am not good myself with fundamentals but if you click on the folder on the FOMC statement in the FF calendar it will give you the info you are probably looking for. here it is but is clearer/better set out in the folder. Specs Forex Factory SourceFederal Reserve (latest release) MeasuresInterest rate at which depository institutions...
Thanks Phil
Learning is a Journey Not a Destination
  • #50,500
  • Edited 2:44am Oct 30, 2014 2:24am | Edited 2:44am
Quoting phil13
{quote} Hi fti well done my friend . i did not trade it but will be looking for the other possible legs. Regards Phil. {image} {image}

ya i been doing that thingy with positions too. going to be walking on my thighs soon.
maybe then i won't need walk like sailor.
thats why very very busy.
wish i had more hands empty the buckets into the pool.

do good my friends , do good.
now i scratching my head about 1.2500 have lots peeps running around like headless chickens.

regards

1st bus stop was the 55 attempt.
need climb otherwise no speed.

timing critical
anyways no hurry, still have friday crazys to go berserk.

would be nice if BIG man wants muscle back to 12650s.
then can have good table match. we can have friday game of chicken. see who blinks first.

oooi watch that exuberance fti.guard your 6 o clock hor.
many wingmen makes my careless.
back to work pls.
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