Technical Analysis Fallacy

just the other day i was terrorizing the streets of HK, fighting the 18K.

and it took me a week to reorganize the internal structure of the Sun On Yee where i am a Red Pole.

and in the end even though I am actually an undercover cop in the triads, aunt Jiang respected my loyalty to her.

i find that i'm becoming one angry individual... russel brand looks like he's homeless in that video

time out

@ullen

1. If you are following price, you will always be one step behind. I let price come to me. I'm one step ahead.

1. If she just move away with just one step left, than she is one step ahead than you

hi jacque,

though i think gann uses price action mainly, i guess, there is abit of discretion involved, i guess the main method is understanding how the professionals work, and trying to see where are the strong and active support and resistance is at and what stages the market is at.

well i would think 1 way to visualise and experience the fail breakout or stop hunts, is to pretend you are a broker or dealer, and you have seen some orders come in and would know generally you want to short, and how would you get your positions? I guess one way is to stop hunt or spike price upwards sharply and attract in break out traders as well as hunt stops of those break out stop order traders, by gunning some shorts below a little, to attract some short interest then when you are done accumulating the long position you can bid it up near the stop levels and show a huge move up and set up a huge sell limit above, and then liquidate into the stops, and while the people who are greedy are all busy coming into the markets after seeing the move, they buy into it and hence filling your limit, and then you just need to wait for the big boys to come in and you can cover short into their shorts. i guess this is how dealers get in tune with the trend and establish their positions before customers come in. correct me if i got the concept wrong.

im guessing the key is you need to spiral out when rescuing because of if you use a linear skew to rescue, you will always be lagging behind the markets, and your rescues will be ineffective, because your effective price is always lagging. the attacks on the other hand, requires a linear skew, because you always want to be lagging behind the markets, as you are riding profits, even if price moves against you somewhat, you have lots foreign cap cushioning you. but then imagine using a linear skew to rescue, you are always lagging the markets as your snowball is really up there isn't it? so you end up doing 2-3 ineffective rescues while increasing your exposure to losses by much more. so my guess is when rescuing you are always trying to be near the market if you have a linear skew you end up being away from the market and you will find it difficult to skew it back near the market, and trying to get a net effective price as close to somewhere people want to buy or sell to you.

say I'm a grocery store owner, i bought canned drinks at 1 carton drinks at $5, and nobody wants to buy from me, because it is too expensive. what i can do is i can go to the open market, buy 1 more carton drinks at $2 and sell 2 cartons at average $3.5, but if it is still too expensive, i have to buy more and lower my average price, then when it gets to say $2.5 then people start to buy there, then i would buy more and average my price to below $2.5 so i can net a profit as well as cover the original $5 which was a bad entry in retrospect. so in a sense i guess it is sort of like opening a store and buy or selling products, and you are the manager managing the sales. then when you feel the trend is ending, well mid year or year end sales time i guess.

as for options, well, I'm trying to synthesize a position to see if it can be short theta, while having a long straddle component, by exploiting gamma and cheap hedges, and financing them capping my profit potential, so kinda of like a box with straddle embedded in it, while having time bleeding in my favour, 1 of the original idea was to use a broken wing butterfly to hedge a long spot and sell a call to finance the position, but there is inherent tail risk to this, as butterfly hedges work best near expiry and works really bad away from expiry, so i guess I'm still studying the characteristics of butterflies, and see if they are suitable or what else can be added to improve them. well its still work in progress.

ai ya nevermind, need find peace in love.
The lyrics so lovely.

太媄了,純潔得望,我禱告天父降福你永遠平安開心.跟著自己夢想,找自己得鍾情. amen{clap clap whistle}祝福祝福.

ai ya noone went on stage give her a hug.
maybe better not, may cause a stampede.




regards

ok fighting for food again soon.



regards

ahhh.

fuggedaboutit!

they?

you sound like you have no choice.
or rather you don't want to choose.
I 'll follow the flow, but i won't think i will crush any rocks, but what to do, some does cracks. is not my fault
they crack not because i strong, is because they weak.



regards

ai ya, every time i make offensive push , i wait for counter offensive respondse.
This the most difficult.
It takes em ages decide to attack me.
By the time they attack, all my defense system already dug in.
remember hor the attack force ratio needs be 3 attackers to 1 defender just to have things fair at balance.
any general knows that.
so i really in defense mode even when i attacking.

sometimes they just run away. But thas ok.
then i will just let it flows.
I am not the type kick a downed man.
Those cannot get on board, too bad.
they will need take other vessels.

anyway , what comes naturally, its real.
whats forced, well enjoy it until the consequenses arrives.
Bird don't want sing to you. Then no song.
Can force by inducing leave lots food around.
but then bird may just get fat and gets eaten by the cat.

and you. you gat eaten by the ants, spiders, scorpions and finally by the hynenas while they laughing at u.
but u can always employ a few lizards try to protect u. whether the lizards will attcck you,
that i not very sure, but if you keep them well feed. maybe not.

but why start leave food lying around in the first place, just because of the bird?
anyway most difficult part is to create that foerign cap mass. Afterwards, is just natural growth.
unless one wants reinvent the wheel. May gets lots half baked. and finally arrives. back at the wheel.

problem is mankind is building forced onto forced, keeps snowballing until the crash.

regards

This takes a lifetime build, only the tree takes at least 30 years create, if not 50.
but is fragile, can be destroyed in 1 minute.

Thanks to WonderfulWorld for sharing. Is beautiful.

regards

and Nagoya Midori san's Koi heaven in phuket, is lovely.

Hello fti,
nice picture of yourself !
scout days i suppose ?

hope its not just me but i cant help see some semblance to chow yun fatt there ...

many many moons ago. about 15 moons when i was a scouter team.was about when begining of this century.

oh fatt chai is fatt chai, me is me. he is star, me is eeerr eeeer anyway part of the constellation. serving different solar systems.

regards

Still, its a little thrill to look like a movie star ... hahaa....

i no movies, nno songs, just blood and flows.

tHis very complete description.
The lyrics. The talent, its beyond me still.


regards

back to banana , no distracted.
best don't gets killed and not even know the reason why.
is hard be ronin.


regards

this is market talk, right?

water + pressure + Time, cracks rocks (out pops monkey)

pressure + time also creates diamonds.

sometimes no outside pressure, only inside pressure. and those of you Asian folk, don't read it as pleasure.

not funny then don't laugh

you called you Asians?
what are you?
what? what?what?
kaijin?
Oh you not know?
most of europe came from asia.
many english from turkey.

I remember 1 time some one in sg called me immigrant.
he got fucked by his father on the spot.
his father also immigrant.

U ABC , right?
U know where americans from?
use brain.

regards