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Technical Analysis Fallacy

  • #50,581
  • Oct 31, 2014 5:27am Oct 31, 2014 5:27am
@atomic-sheep. I called it killing zone too. when PA not move in a direction and just go up down in a fix box area. it is sing of some one is on hunt.
don't predict direction, but dance with flow of water
  • #50,582
  • Oct 31, 2014 5:33am Oct 31, 2014 5:33am
This very cool.
Attached Image
  • #50,583
  • Edited 6:28am Oct 31, 2014 5:37am | Edited 6:28am
ahhh here we go testing 50s again.

No understand whas meaning get bite?

ahhh might as well, do me, do me do me 12500.
come baby come.

ai ya ok, igf you sell me at 12500, i promise give you present at christmas.
yyeah thank you.
  • #50,584
  • Oct 31, 2014 5:45am Oct 31, 2014 5:45am
ok, this is all i could get with my small bucket of change.

wanna line up for log books?????????? first one to the kerb

regards

Phil.

Attached Image
-be careful about what you allow to be put in your mind-
  • #50,585
  • Oct 31, 2014 6:44am Oct 31, 2014 6:44am
Quoting fti
ahhh here we go testing 50s again. No understand whas meaning get bite? ahhh might as well, do me, do me do me 12500. come baby come. ai ya ok, igf you sell me at 12500, i promise give you present at christmas. yyeah thank you.
I was at 1.2495 with big one quick out @1.2515 lot of pigs , safe all big ones now normal action

second leg let see
don't predict direction, but dance with flow of water
  • #50,586
  • Oct 31, 2014 7:02am Oct 31, 2014 7:02am
ahh, i am full, one leg at a time..... no be greedy.....

Attached Image
-be careful about what you allow to be put in your mind-
  • #50,587
  • Oct 31, 2014 7:13am Oct 31, 2014 7:13am
.....my pigs stayed free - no trap 'em there ......

Inserted Video
check out the terrain - follow never lead
  • #50,588
  • Edited 7:42am Oct 31, 2014 7:32am | Edited 7:42am
wah frens, so many things can happen in day, not to say a week and today is a surprise present from boj hor, hope you guys have made big bucks.


Quoting CookieMonsta
{quote} hi Jacque, this is interesting, it reminds me of Richard Wyckoff's The Day Trader's Bible, and the way he reads the tape.
hey cookie, i havent read the book but i think it is mostly the same idea. personally, i learned a lot by watching mkt depth and time sales. the action observed there, i referred to as the dance. it is really interesting as the same thing happens over and over again, just human fear and greed. i think the dance that fti always mentioned is also the same thing, i cant think of reasons why it shouldnt be. The next best alternative is to watch how price move on the chart and try to guess since retail fx has no depth and time sales due to mkt structure.

Quoting Atomic_Sheep
I understand there is a parable, I was more trying to figure out what you saw in the PA that made you comment "corn feeding area but where is the gate ". I understand "where is the gate" means where is the obvious sign of an entry, not sure what corn feeding area means in terms of PA. My understanding is that the PA suggests there's profits to be had if you're a ... (?scalper?/?trend follower?), I'm trying to figure out what you're seeing in the PA that you posted.
hey atomic, i would like to take the oportunity to address ur question. dont over think too much and complicate things over the story. dont look for specific answers too because human situation always changes, the danger in giving you specific answers is that you will become rigid in your thinking... specific anwsers work well for maths and science.. but for human behavior and unseen influences, it doesnt work well... just like fighting a war... if you are told that one machine gun can kill 100 soldiers in 1 min, the maths will tell you that you can kill 1000 with 10 guns in 1min. but is this really true? does it work this way in reality?

if you like, i suggest you get a cheap subscription to market depth and time sales of say ur local stock mkt. then i believe the gates and corn feeding area meaning will become clear to you. it is very hard to teach PA over the internet.

this thing is a big game of poker and bluff.

hope it helps.
THE ALL is MIND; The Universe is Mental
  • #50,589
  • Oct 31, 2014 7:42am Oct 31, 2014 7:42am
Quoting alexandria
.....my pigs stayed free - no trap 'em there ...... https://www.youtube.com/watch?v=UuRkAyRfz_c
ooops sorry wrong channel.

Inserted Video


regards
  • #50,590
  • Oct 31, 2014 7:44am Oct 31, 2014 7:44am
Was decent long Uj from 108.20 level made decent money so now BOJ is a in ???

so people predicting yen going to 150 seems not to far off neither charts are saying it will stop easily
  • #50,591
  • Oct 31, 2014 7:46am Oct 31, 2014 7:46am
Quoting fti
{quote} ooops sorry wrong channel. http://www.youtube.com/watch?v=1lCB_0MFwmU regards
oh no went south with Phil's & FTI bear... no bread crumbs please...... - do I need subscription to market depth and timesales thingy?????


some ghosts try to spook me but held good - it is halloween
check out the terrain - follow never lead
  • #50,592
  • Oct 31, 2014 7:52am Oct 31, 2014 7:52am
Quoting indianguyinny24
Was decent long Uj from 108.20 level made decent money so now BOJ is a in ??? so people predicting yen going to 150 seems not to far off neither charts are saying it will stop easily
don't predict direction, but dance with flow of water
  • #50,593
  • Oct 31, 2014 8:04am Oct 31, 2014 8:04am
I need go exercise - hope all have a good day
check out the terrain - follow never lead
  • #50,594
  • Oct 31, 2014 8:25am Oct 31, 2014 8:25am
Quoting alexandria
{quote} - do I need subscription to market depth and timesales thingy?????
Hi Alexandria

i have no sub's to such things....... just reading/feeling the news and charts where buyers/sellers my be waiting/coming in, sometimes it works sometime it does not straight away.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #50,595
  • Oct 31, 2014 8:27am Oct 31, 2014 8:27am
Quoting indianguyinny24
Was decent long Uj from 108.20 level made decent money so now BOJ is a in ??? so people predicting yen going to 150 seems not to far off neither charts are saying it will stop easily

Hi V

well done my friend. good to see you around.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #50,596
  • Oct 31, 2014 8:32am Oct 31, 2014 8:32am
Quoting priceaction1
{quote} I was at 1.2495 with big one quick out @1.2515 lot of pigs , safe all big ones now normal action second leg let see
yes this time again at 1.2494.
don't predict direction, but dance with flow of water
  • #50,597
  • Oct 31, 2014 8:33am Oct 31, 2014 8:33am
Quoting priceaction1
{quote}
ty
  • #50,598
  • Oct 31, 2014 8:34am Oct 31, 2014 8:34am
Quoting phil13
{quote} Hi V well done my friend. good to see you around. regards Phil.

Na it was all gace of god...was managing the slide form 108 to 106 then came back to my luck...we can all just play...trying to understand the impact of BOJ news....


V
  • #50,599
  • Edited 9:02am Oct 31, 2014 8:35am | Edited 9:02am
Quoting alexandria
{quote} oh no went south with Phil's & FTI bear... no bread crumbs please...... - do I need subscription to market depth and timesales thingy????? some ghosts try to spook me but held good - it is halloween
You use what ever toos available to you and learn decifer em.
no use stuff that distracts you.
Use stuff help you think.

If you become rigid, will be a dislearning.
Is easy to be deceived.

No dealers at any banks have access to everything.
if see some one in skirts, Normally would be a woman.
When in scotland , one need to to remember is not true.
Elsewhere you would be 70% correct.
Doesn't mean one not wearing skirt is a man.
an example would be woman in swim suit.

sometimes we make mistake dates a man in woman's clothes.
Learn run like the wind. Is called damage control.

Women with beards, that i haven't figured out yet
still analysing.

I guess the important thing is fly with precision.
even a bee can do that.
Keep correction errs and you will never need correct a mistake. Stay mark to whats happening.
Is difficult trust a human lest a machine.

regards

Wah this year christmas list will be long.
  • #50,600
  • Edited 9:26am Oct 31, 2014 9:03am | Edited 9:26am
watch it.
cable going for the moon.

see what ec is doing.
is waiting and watching .
if cable crosses threshold.
they will be coming.

wah all the sharks very full belly.
let me rub rub mine. ai yo so comfortable.burp.
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