Technical Analysis Fallacy | Page 2783 | 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

  • #55,641
  • Sep 10, 2016 4:03am Sep 10, 2016 4:03am
Quoting fti
https://www.youtube.com/watch?v=cRoAakd1wlg ahhhhh coconut trees. https://www.youtube.com/watch?v=3pEw_MFIAUM eeeeer hahahaha no audio. ahhh revert https://www.youtube.com/watch?v=mo6mzJ_8obI https://www.youtube.com/watch?v=eDCenGkgA5U https://www.youtube.com/watch?v=eBl2n7gfSsA

thank you fti and everyone here
  • #55,642
  • Edited 4:22am Sep 10, 2016 4:12am | Edited 4:22am
Quoting alexandria
{quote} ... did you assume...

I don't assume anything.
Simply, I don't know... I just verify... test... and try to profit!
(But I know, cause I studied them, some Laws of Price Behaviour... that are my arsenal... my tools box)
If I'm wrong... I know what to do!
Preplanned actions + extemporaneous response...

That genius of our mentor (just to demonstrate that I did my homework...)
posted a song 5m ago... whose lyrics go like this.
Both your hands are hidden... Behind your back...
(Madu) Honey in your right hand... (Racun) Poison in your left hand... I don't know which you will offer to me...

But it's better wait for fti's answers.

Guys you must read and study this thread like sipping tea! (is correct in English? Tasting drop by drop...)
  • #55,643
  • Sep 10, 2016 4:43am Sep 10, 2016 4:43am
I fill the silence with a confession... OMG
This is a post I wrote years ago and I never sent (I told you, I have a big archive)

fti,
I have been studying (and practising...) the precious lessons of this thread for years
without saying a proper Thank You to you and all the other contributors....
and for that, I am very sorry.

When I read your pages for the first time... it was like: Oh, so I can do that?
An amazing effect on how I saw the Market...
You opened the door of the room... showing to everybody that there is another room... and that we can enter there!
I followed your suggestions, did my researches and readings... trying to fill in the colours in the sketch you gave us...
Slowly but surely, I progressed in comprehension, performance and consistency.
Thank you, Sir.
Yes: Priceless guide and reference.

PS. And thank you also for the wonderful music that I discovered under your suggestion and guide.
  • #55,644
  • Sep 10, 2016 4:44am Sep 10, 2016 4:44am
Quoting Exnav
{quote} Hello Fti, I am very grateful for your reply and do agree with all the advice/ thoughts. I will do some reflection through the rest of week-end, see what is the broker's standpoint and make my summary thereupon. So far, I might presume that there have not been bad intention on their part, Market might be much faster than certain e-commerce could technically supply and ensure their clients with, and I am still a human being depending on the above nature and capabilities. Let's see how the broker defends its reputation. From my own practice,...
understood.
officer and a gentleman,

regards
  • #55,645
  • Edited 10:47am Sep 10, 2016 4:52am | Edited 10:47am
Quoting Jupiter
{quote} I don't assume anything. Simply, I don't know... I just verify... test... and try to profit! (But I know, cause I studied them, some Laws of Price Behaviour... that are my arsenal... my tools box) If I'm wrong... I know what to do! Preplanned actions + extemporaneous response... That genius of our mentor (just to demonstrate that I did my homework...) posted a song 5m ago... whose lyrics go like this. Both your hands are hidden... Behind your back... (Madu) Honey in your right hand... (Racun) Poison in your left hand... I don't know which...
eeer you was rigid and biased, but you was on the right track.
lucky you, nimble enough to turn.

regards
  • #55,646
  • Sep 10, 2016 4:56am Sep 10, 2016 4:56am
Quoting Jupiter
{quote} I don't assume anything. Simply, I don't know... I just verify... test... and try to profit! (But I know, cause I studied them, some Laws of Price Behaviour... that are my arsenal... my tools box) If I'm wrong... I know what to do! Preplanned actions + extemporaneous response... That genius of our mentor (just to demonstrate that I did my homework...) posted a song 5m ago... whose lyrics go like this. Both your hands are hidden... Behind your back... (Madu) Honey in your right hand... (Racun) Poison in your left hand... I don't know which...
May I ask.... were you never tempted to do fast rescues of scouts long at that PB during 1st or 2nd leg to your res or even to go to the lower time frame for this.... or did you only think short is way to go when/if short opp reveals itself?

Thanks for revealing your strategic response re your scouts in trouble. I have done rescues against trend but I know too well it is a very dangerous game ..... if no limits then become Nic. That documentary is in my mind now... well at least Ewan McGregor is quite cute.

Alex
check out the terrain - follow never lead
  • #55,647
  • Sep 10, 2016 5:01am Sep 10, 2016 5:01am
Quoting Jupiter
I fill the silence with a confession... OMG This is a post I wrote years ago and I never sent (I told you, I have a big archive) fti, I have been studying (and practising...) the precious lessons of this thread for years without saying a proper Thank You to you and all the other contributors.... and for that, I am very sorry. When I read your pages for the first time... it was like: Oh, so I can do that? An amazing effect on how I saw the Market... You opened the door of the room... showing to everybody that there is another room... and that we...
ahhhh, pat yourself on the back.
You did it for yourself.

I can sing until the cows comes home, Mostly to deaf ears.
But you had to put in the effort experience it to find it,

regards
  • #55,648
  • Sep 10, 2016 5:04am Sep 10, 2016 5:04am
Quoting alexandria
{quote} May I ask.... were you never tempted to do fast rescues of scouts long at that PB during 1st or 2nd leg to your res or even to go to the lower time frame for this.... or did you only think short is way to go when/if short opp reveals itself? Thanks for revealing your strategic response re your scouts in trouble. I have done rescues against trend but I know too well it is a very dangerous game ..... if no limits then become Nic. That documentary is in my mind now... well at least Ewan McGregor is quite cute. Alex
Naughty girl.

regards
  • #55,649
  • Edited 5:59am Sep 10, 2016 5:14am | Edited 5:59am
First answer... If I understood the question....

Fti is correct as always...
I was rigid and biased. I wrote it ten times for you...
I was testing a specific idea: a possibile reverse based on the Pattern of W+W... double double bottom!
The idea was: Bulls are there... ready to fly.
And I played for that. Only for that... In all the first mission.
Nothing to rescue. No need to fight. (I knew I was in a descending triangle!)
Guys my scouts were never in red... they were right on the support!
She want to pass? I Will see... Everything is written down... in my posts. Maybe I wasn't clear enough...
She - THEN/INSTEAD - confirmed the changed in trend ... and I followed down as per rules!
Trend changes (Valley Taken/Support broken)... I change! Don't paddle upstream! Easy like that. Don't fight the tape.
Down trend? I whack the mole! Sell the rallies! Head up? Hammer down. BASIC!
  • #55,650
  • Sep 10, 2016 5:39am Sep 10, 2016 5:39am
Quoting Jupiter
First answer... If I understood the question.... Fti is correct as always... I was rigid and biased. I wrote it ten times for you... I was testing a specific idea: a possibile reverse based on the Pattern of W+W... double double bottom! The idea was: Bulls are there... ready to fly. And I played for that. Only for that... In all the first mission. Nothing to rescue. No need to fight. (I knew I was in a descending triangle!) She want to pass? Will see. Everything is written down... in my posts. Maybe I wasn't clear enough... She - THEN/INSTEAD -...
noted.

i see you had internalised much.
but never let guard down,
in markets, lots curve balls.

I think your analytics is quiet to par.
keep improving.

regards

its very nimble press when must press, and to turn if need.
in fact i am thinking about you mo,maybe 1 step ahead of me.
But in distribution lulls you will be ding donging more, because you move on b wave.
so far i not know, when after b wave you start move. I suspect you leaning on the lines.
On directional runs, you will do quiet well.
  • #55,651
  • Sep 10, 2016 5:41am Sep 10, 2016 5:41am
Quoting Jupiter
First answer... If I understood the question.... Fti is correct as always... I was rigid and biased. I wrote it ten times for you... I was testing a specific idea: a possibile reverse based on the Pattern of W+W... double double bottom! The idea was: Bulls are there... ready to fly. And I played for that. Only for that... In all the first mission. Nothing to rescue. No need to fight. (I knew I was in a descending triangle!) She want to pass? Will see. Everything is written down... in my posts. Maybe I wasn't clear enough... She - THEN/INSTEAD -...
Thank you I understand your thinking very clear indeed.

Raining hard here.........let;s have some cool music for weekend.

Alex


Inserted Video
check out the terrain - follow never lead
  • #55,652
  • Sep 10, 2016 6:40am Sep 10, 2016 6:40am
Quoting fti
wahhhh, 1st time i hear nihon version. https://www.youtube.com/watch?v=yFY3RaiyVgc regards

.. so long as I do not drown in nice river or the rain

Alex
check out the terrain - follow never lead
  • #55,653
  • Sep 10, 2016 7:00am Sep 10, 2016 7:00am
Quoting alexandria
{quote} .. so long as I do not drown in nice river or the rain Alex
wow, very sharp mind. Good thoughts.
no worrys, If you can think of it, you can handle it.
awareness. Plan B. perahu


regards
  • #55,654
  • Edited 11:11am Sep 10, 2016 10:59am | Edited 11:11am
Quoting Jupiter
Sorry... but I have to post it. have you read it, Sir? So I delete... Is just for info...!!! {image}
Don't worry about them.
Just focus on your own book.
Less you allow them disrupt you mindset.
There is nothing to prove to anyone.
These snakeoils are coming here to disrupt only.
They wouldn't understand anything in 1000 years.
They don't have the foundation.
and i won't explain anything to them even for 1,000,000.

They probably never ever traded in their lifes.
They asking for process because they trying to program something.
Just let them slice their own throats with the double edge.

But if they have the balls, i would sure like to see how they die in the markets.
But I don't think they have the balls take from markets, only from victims they can claw from.

regards

Anyway, the thread is meant for those who wants to learn or see the real perspective.
Trading , like all disclaimers says is not meant for everyone.
  • #55,655
  • Edited 12:25pm Sep 10, 2016 11:08am | Edited 12:25pm
Quoting fti
{quote} .no. nothing to do with price. regards


i also understand the volatility part is a part of her dance, and thereby it should be included for an rescue

Ruben
  • #55,656
  • Sep 10, 2016 11:17am Sep 10, 2016 11:17am
yes, thank you, much obliged.

eeeer, 1 more thing i like to remind.
When peeps begining to find their way, and is collecting pips, is best stay under the radar.
Lots things will happens when one is on spot light.

For me, i think is ok , quiet untouchable already after retirement.
But never knows. Is still better be safe than sorry.
There's all sort criminals in the world.

regards
  • #55,657
  • Sep 10, 2016 11:24am Sep 10, 2016 11:24am
Quoting Jupiter
Oh... thanks for the advise.
no worrys.

regards
  • #55,658
  • Sep 10, 2016 11:27am Sep 10, 2016 11:27am
Quoting ruben7222
{quote} What i ment by this one is what to do when you add attack positions. it Seems logical to me that one moves the Fibo to the average cost price, because with this the progression lvls are set correct. Because i don't understand why not to do this, because you Sad the purpose of rescue is bring book back fast to front. So i believe this is not a wrong manner. can you explain why not to do iT this way, i don't see another way to do iT, especially not when one adds attack lvls. thanks to understand better by moving i mean from point x to point...
1 last time .
i repeat.
I think you not know anything.
You don't know your legs from your toes.

1st you talking fibo prices.
then you show another head.
I had seen snakes with more heads than that in my life.
stop all your ASSume. Even dealers positions you can assume.
Just ASSume you are foolish.

AND i don't think i want to help you understand.
AND i don't owe you a single thing.

OK? understand.
  • #55,659
  • Edited 12:56pm Sep 10, 2016 12:11pm | Edited 12:56pm
Quoting fti
{quote} 1 last time . i repeat. I think you not know anything. You don't know your legs from your toes. 1st you talking fibo prices. then you show another head. I had seen snakes with more heads than that in my life. stop all your ASSume. Even dealers positions you can assume. Just ASSume you are foolish. AND i don't think i want to help you understand. AND i don't owe you a single thing. OK? understand.



APOLIGIES for the whining about the fibo, i was so wrong to assume that you used it on price.
i am seeing it now, all the time i thought you were using it on chart, that is what you ment by price

indeed to much assume, blinded by it.

again apoligies!

with respect,
Ruben
  • #55,660
  • Sep 11, 2016 2:47am Sep 11, 2016 2:47am
Quoting ruben7222
{quote} APOLIGIES for the whining about the fibo, i was so wrong to assume that you used it on price. i am seeing it now, all the time i thought you were using it on chart, that is what you ment by price indeed to much assume, blinded by it. again apoligies! with respect, Ruben
It is noted.

If you are serious to acquire some insights, please read the thread slowly.
reread when require and as you gain more experiences.
first 200 pages, according to many should give you foundation.
you also need you learn better way of asking questions. maybe

regards
18 traders viewing now