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Technical Analysis Fallacy

  • #55,561
  • Sep 9, 2016 1:43am Sep 9, 2016 1:43am
Quoting Jupiter
Good morning, Sir. Got your point... I think I'm there... With all the due respect and gratitude... I edit the text of my post adding the term (LEVEL) If you want that I delete it...
????? i cannot see nothing wrong with your post.
infact i think you are quite accurate.

At least i agree with your post.


regards
  • #55,562
  • Edited 2:20am Sep 9, 2016 2:00am | Edited 2:20am
Thanks...
I fought for years with "Hikkake" - "Fakey" - "Turtle Soup" - "Spring/Upthrust"
"Shortening of the thrust" - "Lack of follow through"...
before to BEGIN to understand what all that means.
And also nowadays I have to admit that this is my major enemy!

Turtle Soup is superb...
But I like the Steve Nison's terms, as well:
> Crack & Snap
> Falling off the Roof
  • #55,563
  • Sep 9, 2016 2:00am Sep 9, 2016 2:00am
Quoting fti
{quote} CookieMonsta;9128408]{quote} Ah, so is the market access is provided by brokers and so when a customer say for example the broker themselves ask for a quote from the bank then the bank provides it on request. Hmm, nic quote lower, to lure in others who think he has info, then he immediately buys everything back. I saw it in the pa today, as was in the battle but was caught out of position, I used the fibo skew, but I kept 8 as a rescue only level in case market push against me when all my position are in attack mode and all attack is sunk,...
i see.

unclear about the moving average though
  • #55,564
  • Edited 2:16am Sep 9, 2016 2:05am | Edited 2:16am
Quoting CookieMonsta
{quote} i see. unclear about the moving average though
whats unclear, my friend.
maybe my experience can help.

regards

Lets see if this can help you.
You deciding whther you should marry.
so you check out the website of ----- girls.

It says on the average, they are pretty and polite.
Helps your decision process doesn't it?


http://twentytwowords.com/hilarious-...m_campaign=JNF
  • #55,565
  • Edited 2:38am Sep 9, 2016 2:24am | Edited 2:38am
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  • #55,566
  • Sep 9, 2016 2:26am Sep 9, 2016 2:26am
Sir... if I may, and if I'm not too wrong....
a possible W and W forming on DAX m5
If it is so...
want to have a look?
(DAX m1 is holding... but S&P is pushing down again...)
  • #55,567
  • Sep 9, 2016 2:28am Sep 9, 2016 2:28am
Quoting fti
{quote} whats unclear, my friend. maybe my experience can help. regards Lets see if this can help you. You deciding whther you should marry. so you check out the website of ----- girls. It says on the average, they are pretty and polite. Helps your decision process doesn't it? http://twentytwowords.com/hilarious-...m_campaign=JNF

ah ok, so what you mean is that im trading broker price, so im trying to understand what market is like through their quoted price instead and if the broker is reliable or not.

thought you meant the indicator
  • #55,568
  • Sep 9, 2016 2:36am Sep 9, 2016 2:36am
If the baby runs...
Scouts and checker in profit.
  • #55,569
  • Sep 9, 2016 2:40am Sep 9, 2016 2:40am
Test of point of confirmation.... come on.
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  • #55,570
  • Sep 9, 2016 2:47am Sep 9, 2016 2:47am
Strong bears... but...we have room.
Guys? Sir? Anyone?
Taking prisoners and scaling out.
And ready again.
Contraction...
Strong bears.. fierce battle...
Looking at the low
  • #55,571
  • Sep 9, 2016 2:57am Sep 9, 2016 2:57am
Tell me that you are in...
Give me a present...
Side by side..
Easy with your sword...
But tell me what you think!!!!!!
Strong contraction.
average cost 625 (my base i mean)
Top of the hour... come on guys... where are the bulls?
Maybe...
fasten your seatbelts... yes or not...
Jumping the creek? yes or not?
  • #55,572
  • Sep 9, 2016 3:03am Sep 9, 2016 3:03am
Quoting Jupiter
Tell me that you are in... Give me a present... Side by side.. Easy with your sword... But tell me what you think!!!!!! Strong contraction. average cost 625 (my base i mean) Top of the hour... come on guys... where are the bulls?
not yet.
i climb near the box, hold my breath.
then dang i wanna live.

it ain't easy.

your book is your book.
me ........................................already
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regards
  • #55,573
  • Edited 3:28am Sep 9, 2016 3:05am | Edited 3:28am
Taking prisoners...
Scaling out again...
644 possible support
a big weight over the head... but holding
another contraction (I'm following in m1, of course)
I put my courage in this examination in front of you...
I fear you more than the market... LOL
h.10.11 - bears!! Only scouts are in.
Watching the low again...
and contraction again... wow
Now ... I don't know... stall and strange equilibrium...
Bulls are there... but...
Third attempt... level 50 on dax is a bastard!
Third Lower High? Triangle?
10.23 scaling out againg . prisoners prisoners...
S&P pushed down to a new low... again! Ahi!
Sorry... the thing begins to be too long ... but dax bulls are there!
  • #55,574
  • Edited 3:44am Sep 9, 2016 3:32am | Edited 3:44am
Yes, sir. The book is mine.
But give me your judgement like you was my boss... and I your junior.
The pattern in m5 is telling me to stay.
And I have now enough house money to stay there... quiet and patient...
What a good trader of yours would do on this battlefield...?

OOppss maybe we are up... facing the Open S/R now.
657 creek.
Testing level 50 from the above.
Springboard...
And we are in the Open channel.... new level!!! Wow.
Move- PB - change of polarity validation... resistance becomes possible support!
  • #55,575
  • Sep 9, 2016 3:42am Sep 9, 2016 3:42am
Quoting Jupiter
Yes, sir. The book is mine. But give me your judgement like you was my boss... and I your junior. The pattern in m5 is telling me to stay. And I have now enough house money to stay there... quiet and patient... What a good trader of yours would do on this battlefield...? OOppss maybe we are up... facing the Open S/R now. 657 creek. Testing level 50 from the above. Springboard... And we are in the Open channel.... new level!!! Wow. Sir we made a mistake this could be a real big move... but we never know.
see?
you know, don't ask anyone.
what i tell you, will be old info.
You have a faster computer.
Use it.

All i can help you is cut away the bad modules.
you'll be fine.

regards
  • #55,576
  • Sep 9, 2016 3:47am Sep 9, 2016 3:47am
Bad modules?
  • #55,577
  • Sep 9, 2016 3:48am Sep 9, 2016 3:48am
Quoting Jupiter
Bad modules?
brainwashing?

regards
  • #55,578
  • Sep 9, 2016 3:49am Sep 9, 2016 3:49am

I Dongsky...
I'm digging my grave in front of you, toooooooo?
  • #55,579
  • Edited 4:22am Sep 9, 2016 4:08am | Edited 4:22am
Top of the hour again...
Bears defending the open.
And I with my bulls have 657 and 650 as lines of defense (trend changing line on m5/m1)
Under... I have the half of the ranging part of the W as exit.
This is my plan.
And now I'm mentally calm and serene... also in front of you.

650 is the lower point of the "Handle" of the W... this is the proper "Wyckoff's Creek" forming.
On m1 the contraction is strong, in fact, liquidity dries up... narrow range 7...
bears pushing the bulls out of the open range...
We'll see
  • #55,580
  • Sep 9, 2016 4:16am Sep 9, 2016 4:16am
Quoting Jupiter
Top of the hour again... Bears defending the open. And I with my bulls have 657 and 650 as lines of defense (trend changing line on m5/m1) Under... I have the half of the ranging part of the W as exit. This is my plan. And now I'm mentally calm and serene... also in front of you.

good fortune.

regards
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