Technical Analysis Fallacy | Page 2604 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Ultimate Fallacy in Technical Analysis 99 replies

"Technical Analysis Fallacy" thread people, I need your help 54 replies

Technical Analysis Fallacy Redux 23 replies

Statistical analysis fallacy 33 replies

Attachments: Technical Analysis Fallacy
Exit Attachments

Technical Analysis Fallacy

  • #52,061
  • Feb 28, 2015 7:33am Feb 28, 2015 7:33am
Quoting Gro
{quote} I love to see you dear fti, because I love myself "... and death is life for soil ..."


Inserted Video


regards
  • #52,062
  • Feb 28, 2015 12:54pm Feb 28, 2015 12:54pm
Quoting fti
{quote} https://www.youtube.com/watch?v=QhNjHocrEH4 regards
Attached Image
  • #52,063
  • Mar 2, 2015 3:14am Mar 2, 2015 3:14am
Quoting Jacque
{quote} Dear fti, good to see you back with regards to AOW, your highlighting of translation issue has been something on the back on my mind. In fact, in Jan this year, i begin to read the chinese version in tandem with what was translated into english by Lionel Giles (the most popular version on the net) and found that there are parts that does not gel up together and crucial meanings are lost in the translation. this is a pity for our english speaking frens. however, what you have presented for AOW on thread has essentially sum up the essence...
I believe you are right that sometimes we buy things because we think they must be valuable if they cost us money and we may even feel that the act of buying itself brings us positive benefit. However, I don't see anything wrong with paying for a translation of The Art of War (not an adaptation but a straight translation), if it is of a higher quality than what is generally available at no cost. I don't expect translators to work for free (or musicians, software programmers and authors come to that).
  • #52,064
  • Mar 2, 2015 3:36am Mar 2, 2015 3:36am
i agree about this. this is the only reason i trade without indicators,
evrething looks very clea
  • #52,065
  • Mar 2, 2015 4:39am Mar 2, 2015 4:39am
If Sun Zi Bing Fa translations or read ego, ego is still only confirm its own existence ...
  • #52,066
  • Mar 2, 2015 6:53am Mar 2, 2015 6:53am
my friend works for a big fund manager. he does intra day trading, he takes losses but ends up making money based on technical. for last 7 years he has not had a losing year. I traded with him for last 3 months and made 90 points on dow. i know dow moved a lot and making only 90 points sounds stupid but thats how he trades.
he is profitable most of the time. no yo yo trades.
so technical trading does work.
  • #52,067
  • Mar 2, 2015 9:49am Mar 2, 2015 9:49am
Quoting goldfinger
my friend works for a big fund manager. he does intra day trading, he takes losses but ends up making money based on technical. for last 7 years he has not had a losing year. I traded with him for last 3 months and made 90 points on dow. i know dow moved a lot and making only 90 points sounds stupid but thats how he trades. he is profitable most of the time. no yo yo trades. so technical trading does work.
Then I am happy that you and your friend are happy and making pips.

IMO you have not understood the points in this thread. Your point re technical trading has been expressed in various ways many times before - you may search for it if you are interested in responses. I think those of us on this thread are happy where we are.

Good luck to you and your friend.

Regards
check out the terrain - follow never lead
  • #52,068
  • Mar 2, 2015 9:57am Mar 2, 2015 9:57am
Hi Gro

nice to see you here again my friend. .

a while ago (quite a while ago) we were talking about this (below) part of AOW and there was some debate about its meaning and usefulness, at the time i could not find the right words for an answer to this, i believe i have now found the right way of explaining this in the 'Tao Te Ching'.

AOW....

15. Hence the saying: If you know the enemy and know yourself, you need
not fear the result of a hundred battles. If you know yourself but not the
enemy, for every victory gained you will also suffer a defeat. If you know
neither the enemy nor yourself, you will succumb in every battle.

answer i found in TAO TE CHING...

One who knows other people is wise.
One who knows himself is enlightened.
To overcome others is strong.
To overcome oneself is the will of power.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #52,069
  • Edited 1:28pm Mar 2, 2015 12:24pm | Edited 1:28pm
Hi Phil

The answer is in SZBF
"If he is hotheaded, can he be provoked"
"If he loves people, he can will tantalize"
"If he is cowardly, he can be captured"
"If he is brave, he can be killed"
"If he is meticulous, he may be offended" ...
These properties are in a constant process
or
Attached Image
  • #52,070
  • Mar 3, 2015 1:12am Mar 3, 2015 1:12am
Quoting Gro
Hi Phil The answer is in SZBF "If he is hotheaded, can he be provoked" "If he loves people, he can will tantalize" "If he is cowardly, he can be captured" "If he is brave, he can be killed" "If he is meticulous, he may be offended" ... These properties are in a constant process or {image}
Hi Gro

thank you for the answer my friend .

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #52,071
  • Mar 3, 2015 3:00am Mar 3, 2015 3:00am
just had some pre-news short pips from the G/U, finished there now......until news maybe???

had some overnight short U/J that i finish with pre-london open, now looking to scale/scout back into the the retrace should the opportunities arise.......reason we are at/near the top of the last H4 bear impulse (overnight trade) and waiting for retrace that is currently taking place now, no major news for this pair for over 16 hours.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #52,072
  • Mar 3, 2015 3:03am Mar 3, 2015 3:03am
Quoting phil13
just had some pre-news short pips from the G/U, finished there now......until news maybe??? had some overnight short U/J that i finish with pre-london open, now looking to scale/scout back into the the retrace should the opportunities arise.......reason we are at/near the top of the last H4 bear impulse (overnight trade) and waiting for retrace that is currently taking place now, no major news for this pair for over 16 hours. regards Phil.

with you on the cable my friend

Regards
check out the terrain - follow never lead
  • #52,073
  • Mar 3, 2015 3:09am Mar 3, 2015 3:09am
Quoting alexandria
{quote} with you on the cable my friend Regards
Hi Alexandria

good morning my friend.

well done .

also got an eye on A/U but the GDT price is out later so i will be careful/reconsider if it gets to close to that as we do not know what time this will come out this afternoon.

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #52,074
  • Edited 6:16am Mar 3, 2015 5:47am | Edited 6:16am
Quoting Gro
Hi Phil The answer is in SZBF "If he is hotheaded, can he be provoked" "If he loves people, he can will tantalize" "If he is cowardly, he can be captured" "If he is brave, he can be killed" "If he is meticulous, he may be offended" ... These properties are in a constant process or {image}
going back is never an option.

can only go forward observing.

(1) The Moral Law; (2) Heaven; (3) Earth; (4) The Commander; (5) Method and discipline.
most of all.
recognise rogue agenda when comes eye ball to it.
Guard the emotions. recognise evils and truth. recognise extortionist behaviours.
Too many peeps allow for evil as necessary for advancement.


regards

Inserted Video
  • #52,075
  • Mar 3, 2015 9:06am Mar 3, 2015 9:06am
finished with U/J for now... watching the retrace again.

had a little bit of the long A/U but was out an hour and half ago before news release....

regards

Phil.
-be careful about what you allow to be put in your mind-
  • #52,076
  • Edited 11:20am Mar 3, 2015 10:41am | Edited 11:20am
<p>[quote=fti;8108195]{quote} <img src=&quot;http://assets.forexfactory.net/image...loor.gif&quot; border=&quot;0&quot; alt=&quot;&quot; title=&quot;Laughing on Floor&quot; smilieid=&quot;64&quot; class=&quot;inlineimg&quot; /> going back is never an option. can only go forward observing. (1) The Moral Law; (2) Heaven; (3) Earth; (4) The Commander; (5) Method and discipline.

&quot;Unity is a every day process of mind (Tao).Different, is a every day in permanent change.More than two every day create relativ dimension.Four every day take care of one's health.Fifth every day is magic arts, the Law ... &quot;
  • #52,077
  • Edited Mar 4, 2015 2:45am Mar 3, 2015 12:57pm | Edited Mar 4, 2015 2:45am
Quoting phil13
{quote} Hi Gro thank you for the answer my friend . regards Phil.
Etc.
Attached Image (click to enlarge)
Click to Enlarge Name: Poznamka01_1.jpg Size: 89 KB
  • #52,078
  • Mar 3, 2015 1:09pm Mar 3, 2015 1:09pm
Quoting Gro
{quote} Etc. {image}
to understand you one needs year of wisdom...i am still not there...

V
  • #52,079
  • Mar 3, 2015 3:33pm Mar 3, 2015 3:33pm
Quoting indianguyinny24
{quote} to understand you one needs year of wisdom...i am still not there... V
One bottle of wine and we know everything What my friend do not understand?
  • #52,080
  • Mar 4, 2015 1:04am Mar 4, 2015 1:04am
Quoting Gro
{quote} Etc. {image}
Hi Gro

again thank you for taking the time to explain my friend .

have saved to my computer, i will study/think about it as i am sure there is more there than just the relationships i can see on the surface.

maybe over the weekend when i have few drinks .

regards

Phil.
-be careful about what you allow to be put in your mind-
47 traders viewing now