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Technical Analysis Fallacy

  • #55,661
  • Edited 4:19am Sep 11, 2016 2:55am | Edited 4:19am
Quoting alexandria
{quote} May I ask.... were you never tempted to do fast rescues of scouts long at that PB...
Alexandria, dear friend...
Have a look to a S&P500 chart (we are now discussing the 3Kingomds of Stock Indeces... wow!)
536 points down! In free fall! 5-3-6... 536!
I say it again... I was trying to find out if Bulls were there or not!!!!
Probing Method...

I'm sure fti Sir perfectly understood what I'm trying to do...
> for the thread discussion: I'm trying to stress the strategic point of:
Where/When a trend must be considered changed!
This is strategic, in my view, if we want to avoid Death for double edge sword and Beginners' Slaughtering.
(they don't understand post #2993+16488... or they don't even know they exist!)
> for me, myself...
I'm not teaching, and I'm not showing off... I'm asking for fti's SCHOLASTIC EXAMINATION!!! ROFL...
He have seen almost all I know and I do... and this is the fruit of 6 (six) years of my life working on this thread.
I know... I know... My Book will speak by itself... I known.
But Insanity is to repeat always the same things hoping in a different result!
Mother Market is the Killer of IGNORANCE. She only teaches by killing.

Maybe the problem is my elementary English... but I tried to share an "hypotetical" Mental Road Map.
#55.566 - a possible W and W forming on DAX m5 .. If it is so...
#55.593 - I could have played 670 stop and reverse... I know... but why. I have an HL at my back."
#55.597 - I'm following on m1... but H1 (with the Gann's rules - 2D chart, sir) is still bullish!
#55.602 - Squared... H1 breached.
#55.631 - I waited to see her generous hands and I attacked again... SECOND MISSION DOWN/SHORT.
(No automatic SAR... I preferred to see a Break-PB-Continuation with signal completed)

(Theoretical and philosophical debate, apart, on:
#55.631 - I decided to stay with my scouts... and this could be disputable.
With fti comments #55.650 on "Trading in distribution phase".)

So... readers be patient... I have almost finished to break your balls...
Meditate: why I gave you the Pring document? What is that about?
Friends for you another gift.
Please. Be safe.
Attached File(s)
File Type: pdf Linda Bradford Raschke _ Aphorisms and favorite sayings..pdf   74 KB | 908 downloads
  • #55,662
  • Sep 11, 2016 4:18am Sep 11, 2016 4:18am
Quoting Jupiter
{quote} Alexandria, dear friend... Have a look to a S&P500 chart (we are now discussing the 3Kingomds of Stock Indeces... wow!) 536 points down! In free fall! 5-3-6... 536! I say it again... I was trying to find out if Bulls were there or not!!!! Probing Method... .......
Thank you for confirming my understanding of your trading.

Just one point tho........ a trend can be technically broken and still the market can move back into trend... so I add to my thinking that it is good when we see the trend break and then the retest of extremes or broken levels and by the way she pushes/pulls that direction has changed and this can even happen before trend is technically broken so it is about how she moves ----sometimes it is just clear she is fed up with that direction for now.....


Alex
check out the terrain - follow never lead
  • #55,663
  • Sep 11, 2016 4:25am Sep 11, 2016 4:25am
Quoting alexandria
{quote} Thank you
One is glad to be of service... Lol.

I'm making a review of Friday...
Why am I not able to work on ten charts like fti?
What level of ability is necessary?
I fight with myself to trade one market...!
Imagine on friday... you could change your life (or lose it...)
but who knows what follows?
(Like the Flow of the River - kawa no nagare no you ni)

Oh I have a video... but need to prepare it. I'll be back in few minutes...
  • #55,664
  • Sep 11, 2016 4:38am Sep 11, 2016 4:38am
How is it possible to play the most difficult (and beautiful)
piece of music ever written WITH EYES COMPLETELY CLOSED???
16 minutes like that.

How many hours of repetition, study, exercise?
Confidence
Memory
Knowing of Yourself
Sensibility
Emotional and mental responsiveness
Knowledge
Natural, biological skills...

I have been struggling for ages with that piece...
Something in common with the trader's qualities and the market?

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  • #55,665
  • Sep 11, 2016 4:45am Sep 11, 2016 4:45am
Quoting Jupiter
{quote} One is glad to be of service... Lol. I'm making a review of Friday... Why am I not able to work on ten charts like fti? What level of ability is necessary? I fight with myself to trade one market...! Imagine on friday... you could change your life (or lose it...) but who knows what follows? (Like the Flow of the River - kawa no nagare no you ni) Oh I have a video... but need to prepare it. I'll be back in few minutes...
fti wasn't born with wings either.
first 1 chart, when comfortable 3 charts,
then 5 charts then 10. rofl now no charts.

regards
  • #55,666
  • Edited 5:15am Sep 11, 2016 4:51am | Edited 5:15am
Quoting Jupiter
How is it possible to play the most difficult (and beautiful) piece of music ever written WITH EYES COMPLETELY CLOSED??? 16 minutes like that. How many hours of repetition, study, exercise? Confidence Memory Knowing of Yourself Sensibility Emotional and mental responsiveness Knowledge Natural, biological skills... I have been struggling for ages with that piece... Something in common with the trader's qualities and the market? https://www.youtube.com/watch?v=Jcy7E4uHYK8
eyes closed, i can only play this one. but still peeps.
lots days i sit in the dark, play to the moon, practise on a nylon kapok, now on 12 strings
When i was learning eons ago, teacher kept asking me, why the hell you play this song like that?


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regards

oh i can also play this one blind. my finger warmups.
maybe why my fingers faster than yours.

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this my blind favourite.
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  • #55,667
  • Edited 5:18am Sep 11, 2016 4:54am | Edited 5:18am
Quoting alexandria
{quote}.. when we see the trend break and then the retest of extremes...
And we are again to the dynamic/mechanic of the Support and Resistance Level/Area...!!!!
Again to the list that I gave you with fti's benediction... LOL)

Highs and Lows.
Hips and Lops.
The Laws of Price Behaviour are there.
It is The Path of Least Resistance between different levels of ORDERS!!!
  • #55,668
  • Sep 11, 2016 5:01am Sep 11, 2016 5:01am
Quoting fti
{quote} eyes closed, i can only play this one.
Problems with Tremolo, my friend?
Pepe Romero... the best! Classic and Spanish mixed together... a myth! (also today, at an age!)
Look at his face when he finishes and close the piece! Passion... after years and years... can imagine? Like you!
Listen the voice of the guitar... LIVE! One thousand voices... an orchestra!
REST STROKE... the secret. (And in trading... where could we find the secret?)
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  • #55,669
  • Sep 11, 2016 5:01am Sep 11, 2016 5:01am
Quoting fti
{quote} understood. officer and a gentleman, regards
Hello Fti,

In fact, I'm trying to do my best in the challenge of being your wisdom and your thread humble learner, follower.
But, your sharp mind - BZ - yes, used to be in different colours: mostly black or dark blue, sometimes green.

Best regards, Exnav
Not to Advance is to Fall Back
  • #55,670
  • Sep 11, 2016 5:03am Sep 11, 2016 5:03am
Quoting fti
{quote} eyes closed, i can only play this one. but still peeps. lots days i sit in the dark, play to the moon, practise on a nylon kapok, now on 12 strings When i was learning eons ago, teacher kept asking me, why the hell you play this song like that? https://www.youtube.com/watch?v=Qnd4m6keAwQ regards

I used to play violin..... but other things got in way...... to go to that level was lots of dedication... my life went different direction..... my dad could play anything at all and make it sound good but could not read any music at all.... just in the genes...........life without music not worth living......

Alex
check out the terrain - follow never lead
  • #55,671
  • Sep 11, 2016 5:08am Sep 11, 2016 5:08am
The band... the band.. the band.. I see the light!!!
  • #55,672
  • Sep 11, 2016 5:10am Sep 11, 2016 5:10am
Quote
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.

Thank you for the thought that I must agree with. If I understand it correctly, either you and we should not too much worry of that but be aware of.

Best regards, Exnav
Not to Advance is to Fall Back
  • #55,673
  • Sep 11, 2016 5:16am Sep 11, 2016 5:16am
Quoting Jupiter
{quote} And we are again to the dynamic/mechanic of the Support and Resistance Level/Area...!!!! Again to the list that I gave it with fti's benediction... LOL) The Laws of Price Behaviour are there. It is The Path of Least Resistance between different levels of ORDERS!!!
I do not want to confuse anyone by talking about trend lines or levels for it gives the wrong impression to others of rigidity....... so going with FTI ....it is all about how she dances it and we need to internalise the feel/dance and follow NEVER lead. I understand your point re orders. She can smash it, turn on wind or hang around playing it cool..........so what do we do about it.... BTW I think of it as my man actually...

Alex
check out the terrain - follow never lead
  • #55,674
  • Edited 8:20am Sep 11, 2016 5:22am | Edited 8:20am
Quoting alexandria
{quote} I think of it as my man actually... Alex
Great... superb... fantastic...
Yes, we have this macho style not politically correct... right. It's fti's fault...
On S/R list.
We have the benediction, alex.... trust me. All is correct! Trust me.
#55.561
  • #55,675
  • Edited 5:44am Sep 11, 2016 5:30am | Edited 5:44am
Quoting Jupiter
{quote} Problems with Tremolo, my friend? Pepe Romero... the best! Classic and Spanish mixed together... a myth! (also today, at an age!) Look at his face when he finishes and close the piece! Passion... after years and years... can imagine? Like you! Listen the voice of the guitar... LIVE! One thousand voices... an orchestra! REST STROKE... the secret. (And in trading... where could we find the secret?) https://www.youtube.com/watch?v=CJ0pFGHdEcU
me is from different gang.
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but i have left that and gone to this.
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regards
  • #55,676
  • Edited 6:01am Sep 11, 2016 5:40am | Edited 6:01am
Quoting fti
{quote} me is from different gang.
My dear, I have heard him live!!!! Paco for ever!
...And I have tons of Gitanos friends in the South of Spain and France... can imagine?
But try to search the Pepe Romero version of the Concert... is something!
If we talk of guitar (whatever style...) i'm unstoppable... I have to control myself.
Spent some years on those strings.

I'll leave you with something that i'm sure you will love...
Again.. look at her face... actress? or passion? Listen to the touch.
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  • #55,677
  • Sep 11, 2016 5:57am Sep 11, 2016 5:57am
Quoting Jupiter
{quote} Great... superb... fantastic... Yes, we have this macho style not politically correct... right. It's fti's fault... On S/R list. We have the benediction, alex.... thrust me. All is correct! Trust me. #55.561

Do not get me wrong... I like my man to be a man........macho works for me every time....
check out the terrain - follow never lead
  • #55,678
  • Sep 11, 2016 6:08am Sep 11, 2016 6:08am
Ah... so I can be incorret... you have to learn by heart this one, also.
# -555 - Those ladies with heavy tops or bottoms move bouncy & slowly

Bye, all. Thank you for the relaxing morning.
As Gann said... a trader need it! Good rest and relax.
  • #55,679
  • Sep 11, 2016 6:12am Sep 11, 2016 6:12am
Quoting Jupiter
{quote} My dear, I have heard him live!!!! Paco for ever! ...And I have tons of Gitanos friends in the South of Spain and France... can imagine? But try to search the Pepe Romero version of the Concert... is something! If we talk of guitar (whatever style...) i'm unstoppable... I have to control myself. Spent some years on those strings. I'll leave you with something that i'm sure you will love... Again.. look at her face... actress? or passion? Listen to the touch. https://www.youtube.com/watch?v=oNKR7YHUv6c
uuuuuwah, passion, she can hold my guitar anytime.
sit watch the moon tonight?

after i finish the dishes.


eating hor.

regards
Thank you for the introducing, see you next week.
  • #55,680
  • Sep 11, 2016 11:55am Sep 11, 2016 11:55am
Sitting watching the moonlight?
Double dose of Tatyana, then...
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