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Technical Analysis Fallacy

  • #51,721
  • Edited 9:33am Jan 27, 2015 9:15am | Edited 9:33am
Quoting CookieMonsta
{quote} well, feel stupid or not, doesn't matter as long as don't repeat, if keep blame self, not healthy for mindset, we trade forward after all, no point focusing on the past then we forget we live in the present, and restrategize, or take it easy and dance other ladies
wah you have inside on panda?
leow pu ci.
Are you suare, hows about robertku -ok. Is he bidding too?


regards
  • #51,722
  • Edited 9:51am Jan 27, 2015 9:32am | Edited 9:51am
Quoting fti
{quote} wah you have inside on panda? leow pu ci. Are you suare, hows about robert Kuek. Is he bidding too? regards
well, he just announced to the world this morning he is interested in Europe, and seeing his style and how he is moving out of HK and china's real estate investment scene, he would have a lot of cash on hand
Europe with Germany being their power house might be what he is interested in, he most probably did mean what he say, and if he invested a lot, and because if he invests in Europe, in the capacity of a businessman, he could alter the economy and power it by running and expanding his business there and thereby changing the fundamentals of Europe's economy and stimulating it, it is pretty timely too, us dollars strengthening while euro weakening, very timely move
Well, I guess when u have a huge sum of money like him, trading offers limited returns, playing for the long haul and supporting another country's economy and stimulating it would be most profitable, especially a country in decline, is the best to rescue out especially since u can run ur own business there, and everything starts from currencies
though its all just speculation on my side
  • #51,723
  • Jan 27, 2015 9:44am Jan 27, 2015 9:44am
Quoting CookieMonsta
{quote} well, he just announced to the world this morning he is interested in Europe, and seeing his style and how he is moving out of HK and china's real estate investment scene, he would have a lot of cash on hand Europe with Germany being their power house might be what he is interested in, he most probably did mean what he say, and if he invested a lot, and because if he invests in Europe, in the capacity of a businessman, he could alter the economy and power it by running and expanding his business there and thereby changing the fundamentals...
noted.
pls no submarine me hor.
i no translator.

regards
  • #51,724
  • Jan 27, 2015 9:48am Jan 27, 2015 9:48am
Quoting fti
{quote} noted. pls no submarine me hor. i no translator. regards
I typing on smart phone but didn't realize the tags need to manually type in so all end up as 1 chunk, sry abt that
  • #51,725
  • Jan 27, 2015 9:51am Jan 27, 2015 9:51am
Quoting CookieMonsta
{quote} I typing on smart phone but didn't realize the tags need to manually type in so all end up as 1 chunk, sry abt that

smart phone hor.
ok.
smart.

regards
  • #51,726
  • Jan 27, 2015 9:55am Jan 27, 2015 9:55am
Quoting fti
{quote} smart phone hor. ok. smart. can i triangulate you? regards
well, I'm in the north part of singapore
alright, good night, need to go sleep, tomorrow need reach early for work, nice talking to u
  • #51,727
  • Jan 27, 2015 9:56am Jan 27, 2015 9:56am
Quoting CookieMonsta
{quote} well, I'm in the north part of singapore
oh north side hot spot now.



http://www.bbc.com/news/world-asia-30978016

goodnite.


regards
  • #51,728
  • Edited 2:57pm Jan 27, 2015 2:14pm | Edited 2:57pm
Quoting Jacque
{quote} touch many wood hor my book have chapter 1 to 12, but is missing chapter 11 aiyo, this usdyen, i went small long. closing hours delayed hor wah usdyen mei mei lai liao, pee wu pee ok, usdyen all pee-ed aldy, i no think it will rally much with the triple top & fomc upcoming soon. hold cable scout overnight good nite all and good trading
Was just laughing myself to unable sleep.
But i guess i was naughty made you touch so much wood.

Is my bad laugh at you and not teach you the dealing way of saying "close shop".
If you had been reading the thread or in a dealing environment.
Normally when we close shop for the day, the terminology is .....

I finished dealing for the day= closing shop for the day.
normally will just say finished for the day.

is no big deal, just didn't wanted see you keep touching wood everytime you finished the day.
but is the spirit that counts. Like i said is no big deal. only when someone tells me they close shop.
It normally not a nice day.

broking some times use the weirdest terminologies.
When they fill your orders they tell you that you're executed.
I never will tell any bank customers, they executed. Just they orders filled or not.
Didn't want em think we executioners. just filling orders only.


regards

Todays 2nd laugh.
earlier some one posted for me.
"Lets eat kids" he meant "lets eat, kids."
  • #51,729
  • Jan 27, 2015 9:47pm Jan 27, 2015 9:47pm
i am slow.
I just heard someone closed shop.

http://www.zerohedge.com/news/2015-0...banker-suicide

regards
  • #51,730
  • Jan 27, 2015 10:10pm Jan 27, 2015 10:10pm
wah ... so many s g p family here ... north south east west also got

seems like even s g p ah-ma also want to join in the fun and start changing policies ...

I also dunno lah ... all I know now my vinyl and cds are more expensive from amazon .....

http://www.channelnewsasia.com/news/...n/1620226.html

Regards,

Inserted Video
  • #51,731
  • Jan 28, 2015 6:26am Jan 28, 2015 6:26am
another close shop.

https://sg.finance.yahoo.com/news/ru...115244278.html
  • #51,732
  • Jan 28, 2015 6:55am Jan 28, 2015 6:55am
Quoting phil13
got caught on the CAD interest rate move yesterday while i was in the N/U, waiting to recover/limit damages now, brought some home this morning. that's trading. regards Phil. {image}

Just an update for my friends….

I needed to concentrate hence no updates until now.

So I created myself a problem in the N/U (as I stated last week) and was left stranded from the mainland. So I zoomed out and noticed in the weekly that there was a possibility that this may turn around the 0.7400 region, my calculations allowed for what I had in the market to easily go to that level, so I decided to wait (let my trade bleed) and see what happens at/before that region.
Attached Image


I needed to keep the croc’s at bay, but I know it is just little old me against the hungry croc’s.
Attached Image


I paid off some of my debt (drawdown/underwater trades) using other pairs to keep my book level, I done it this way because once I am in a trade in a pair I know from experience that it could/most probably would create a ‘bias’ towards that pair in my mind and I would see opportunities that were false creating more of a problem for me. (we, well I can be my worst own enemy at time).
Attached Image


Now my debt is more easily manageable it helps me see things clearer, I started to notice some buyers (and then a shs followed by rounded bottom forming) at the region I was looking at, I patiently waited for the circling croc’s to provide me with a good opportunity to turn my situation around and allow me to get back to the mainland.
Attached Image


I do have a couple more scouts to bring home but these are very small and will be engulfed by my next profitable trade (maybe by another pair or set of pairs), I am still looking at present to trade this rounded bottom on N/U if opportunity arises but I am very mindful of the FOMC meeting later.

Here is the chart of my account so you can see the battle I had to protect it. Though I have not made much in the last five day, I have not lost any ground on my account; remember the WW table-- to recover from a loss it is more than just the X% that you lose.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement 3 - Copy.gif Size: 12 KB



Regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,733
  • Jan 28, 2015 8:30am Jan 28, 2015 8:30am
Quoting fti
{quote} Was just laughing myself to unable sleep. But i guess i was naughty made you touch so much wood. Is my bad laugh at you and not teach you the dealing way of saying "close shop". If you had been reading the thread or in a dealing environment. Normally when we close shop for the day, the terminology is ..... I finished dealing for the day= closing shop for the day. normally will just say finished for the day. is no big deal, just didn't wanted see you keep touching wood everytime you finished the day. but is the spirit that counts. Like...
god bless
THE ALL is MIND; The Universe is Mental
  • #51,734
  • Jan 28, 2015 5:58pm Jan 28, 2015 5:58pm
Quoting phil13
{quote} Just an update for my friends…. I needed to concentrate hence no updates until now. So I created myself a problem in the N/U (as I stated last week) and was left stranded from the mainland. So I zoomed out and noticed in the weekly that there was a possibility that this may turn around the 0.7400 region, my calculations allowed for what I had in the market to easily go to that level, so I decided to wait (let my trade bleed) and see what happens at/before that region. {image} I needed to keep the croc’s at bay, but I know it is just little...


Inserted Video


regards
  • #51,735
  • Jan 29, 2015 1:18am Jan 29, 2015 1:18am
Quoting fti
{quote} https://www.youtube.com/watch?v=3PJDCMCjW-A regards

Hi fti

you summed it up about right, i was able to steer but the brakes had failed and i ended up underwater, that's trading.... (well for me anyway).

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,736
  • Jan 29, 2015 1:35am Jan 29, 2015 1:35am
Inserted Video


regards
  • #51,737
  • Jan 29, 2015 2:40am Jan 29, 2015 2:40am
scouting the impulse on the E/U.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,738
  • Jan 29, 2015 2:44am Jan 29, 2015 2:44am
Quoting phil13
scouting the impulse on the E/U. regards Phil.
with you there - let's see
check out the terrain - follow never lead
  • #51,739
  • Jan 29, 2015 2:50am Jan 29, 2015 2:50am
Quoting alexandria
{quote} with you there - let's see

Hi Alexandria

i am in this one because last night we had a 21pip pulse down then we had a 42pip impulse with what looks like plenty of buying to me (m15), as it retraced just now i see buyers returning.......newtons law at work maybe??? lets see...

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #51,740
  • Jan 29, 2015 3:51am Jan 29, 2015 3:51am
Quoting phil13
{quote} Hi Alexandria i am in this one because last night we had a 21pip pulse down then we had a 42pip impulse with what looks like plenty of buying to me (m15), as it retraced just now i see buyers returning.......newtons law at work maybe??? lets see... regards Phil.

Hi

Sure watching m15 too - same reasons - then abc strong PB pre London to hit ducks (m5) - then I think I could see the money jumping around RoK - but they look so messy to me - my eur stuff all aligned - anyways going our way - my dancing better than I thought today (TBH did not really think that much just did) - had a break as been back at hospital.

Regards
check out the terrain - follow never lead
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