Technical Analysis Fallacy | Page 2785 | 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

  • #55,681
  • Sep 11, 2016 12:17pm Sep 11, 2016 12:17pm
Music thread. ??

Not interested.

Unsubscribed.
How to opt out annoying user signatures ??
  • #55,682
  • Sep 12, 2016 12:19am Sep 12, 2016 12:19am
Have you read sir?... now I can delete
  • #55,683
  • Sep 12, 2016 12:19am Sep 12, 2016 12:19am
ahhhh,I see, i think he seeking mercy blade.
mine will not honour him.

His defeat, nothing to do with us.

regards
  • #55,684
  • Sep 12, 2016 12:21am Sep 12, 2016 12:21am
Just another one to meet on the battlefield...
But they don't even understand the meaning of this sentence!!!!!!
  • #55,685
  • Edited 3:51am Sep 12, 2016 12:22am | Edited 3:51am
Quoting Jupiter
Have you read sir?... now I can delete
seen.
thank you for your showing.
bow.

we let him find his honour,

regards
  • #55,686
  • Edited 12:37am Sep 12, 2016 12:24am | Edited 12:37am
Back to work after the music and Tatyana...
(but Raffaella Smith was something to understand! Like the "Deaf Girl" you presented years ago...)

Maybe you can comment some chart during the day...?
What do you think?

(Sorry for my English... and for my typos here and there)
Attached Image (click to enlarge)
Click to Enlarge Name: 12_09_2016 S&P 500 D1.png Size: 105 KB
  • #55,687
  • Edited 1:11am Sep 12, 2016 12:36am | Edited 1:11am
Quoting Jupiter
Back to work after the music and Tatyana... (but Raffaella Smith was something to understand! Like the "Deaf Girl" you presented years ago...) Maybe you can comment some chart during the day...? What do you think? {image}
triple TOPPED.
neck broken.
heavy on top.

seeking right shoulder.

scouts only all the way up to neck line.
mass will be at neck line. attck begins at neck time window.
coming valley will be steep then muddy.
attack at muddy.
steep zone only scouts,
avoid chasing.

go to short tenure charts for timing.
i have no positions. cannot handhold.

although triple top neck is broken.
last top leg neck is gradient >45 downward sloping.
suspect bulls are around.
watch for their defence prices. expect possible assasin p.
expect increased volitility at least for next 5 waves.

i do not think bull trend had changed.
triple top is within larger assasin p.
likely is profitaking. seems aggressive.

need see right shoulder behaviour determine if bull trend had changed.
but can scout on the short side until alble to determine.

regards
  • #55,688
  • Edited 1:24am Sep 12, 2016 12:53am | Edited 1:24am
Quoting Jupiter
Back to work after the music and Tatyana... (but Raffaella Smith was something to understand! Like the "Deaf Girl" you presented years ago...) Maybe you can comment some chart during the day...? What do you think? (Sorry for my English... and for my typos here and there) {image}
no mobile bars as fti has mentioned, ducks there and they no mobile for very long, maybe indicative of distribution, can deploy 1x scout inside the range itself, and this took many days to form, so if impulse develop to downside, it might be pretty strong.

some of the examples fti shown before indicated duck hunting, and when they can be indicative of distribution.
duck hunting itself has many forms, the sharp thrust, and the slow bob, the slow bob are the ones offer good entries for position building in preparation for the strong thust, which allows for advantageous attack skewing.

this is part of what i use to feel without scout, mainly market structure here, that if price keeps pushing but thrust is not there, and breakout traders keep getting trapped, many times too, shows something in preparation, ducks on downside not taken out, probably they want the ducks there to build, so when they touch off, the volatility will be high, and they can take profit into it.

then scout becomes a way to build advantageous position and pave the way for attacks, if wrong, small loss, since we entered very close to the "top" or so we think.
Attached Image (click to enlarge)
Click to Enlarge Name: ducks.png Size: 106 KB
Attached Image
  • #55,689
  • Sep 12, 2016 12:58am Sep 12, 2016 12:58am
Of course...
my chart was an indication to the readers of what I mean by Mental Road Map!
My questions were simulation of a possible approach to the Analysis...
I know very well how to call that area....
I know where Buyers and Sellers COULD (hypotetical) BE!!!
  • #55,690
  • Sep 12, 2016 1:03am Sep 12, 2016 1:03am
DAX... first move KA-BOOM! GAP DOWN... Heavy Open.
They want to go on down?
They are only testing the Support?
We'll see...
But not in public today.
  • #55,691
  • Edited 1:26am Sep 12, 2016 1:15am | Edited 1:26am
Quoting fti
{quote} triple TOPPED. .... suspect bulls are around. watch for their defence prices.
You are my man and my mentor!!!!
This is why I wanted to see if Bulls where there on friday!!!
We have to follow Peaks and Valley... no other way for a retailer!!
And no mistakes!!!

Any way... 100p as open gap is normal range of normal day on DAX... no panic sell off.
Second leg is fundamental...
400 BRN... obvious support for now.
(Ah... I prefer DAX wild beast to S&P... but it's me)
Good trading and be safe.
Down on the shadow. Ducks.. Quack Quack Quack
Whack!!! Prisoners Prisoners
Not in public.
Now maybe the reaction..
We can find out if these ducks are armed or not.
  • #55,692
  • Edited 1:42am Sep 12, 2016 1:30am | Edited 1:42am
Quoting fti
{quote} need see right shoulder behaviour determine if bull trend had changed. but can scout on the short side until alble to determine.
In the European morning... Dax leads.
But S&P is always the benchmark...
To be not rigid... each session may have his own sentiment.
In the meanwhile EURUSD is in equilibrium...
Where are your scouts?
Where the NOW trend down must be considered changed?
You see clearly where to attack and where to exit?
If Bulls come you know what to do?

This is the fti's teachings!
Hi Cookie... are you in?
Watch out now! The reaction!
I go to manage my exposition...
  • #55,693
  • Edited 1:57am Sep 12, 2016 1:41am | Edited 1:57am
Quoting Jupiter
{quote} In the European morning... Dax leads. But S&P is always the benchmark... To be not rigid... each session may have his own sentiment. In the meanwhile EURUSD is in equilibrium... Where are your scouts? Where the NOW trend down must be considered changed? You see clearly where to attack and where to exit? If Bulls come you know what to do? This is the fti's teachings! Hi Cookie... are you in?
er if the picture is this, i would not trade, the strong down push is out, but im not going to short as down push manifested, too late to be short, and too early to be long too, if wanna be long wait abit more for pa to slow off, if pa bounce back but can't go any higher then initiate the short on the bounce back, but price must be topping out on lower tf on the bounce back up, that is, the leg bounce must look corrective instead of impulsive.

the reason is, it is likely that someone sold into the rally, therefore the no mobile bars, but could be a variety of reason, but fact is, price impulsed downwards, so if they rally, if it looks corrective and can't break high i would short it, or they take out stops but lack follow through.

im in usdjpy though
Attached Image (click to enlarge)
Click to Enlarge Name: ducks.png Size: 109 KB
  • #55,694
  • Sep 12, 2016 1:48am Sep 12, 2016 1:48am
Quoting Jupiter
{quote} You are my man and my mentor!!!! This is why I wanted to see if Bulls where there on friday!!! We have to follow Peaks and Valley... no other way for a retailer!! And no mistakes!!! Any way... 100p as open gap is normal range of normal day on DAX... no panic sell off. Second leg is fundamental... 400 BRN... obvious support for now. (Ah... I prefer DAX wild beast to S&P... but it's me) Good trading and be safe. Down on the shadow. Ducks.. Quack Quack Quack Whack!!! Prisoners Prisoners Not in public. Now maybe the reaction.. We can find out...
eeer we just friends.
what ever i can share with you, i can give you if is receptable to you.
but all must be aware that now i am not on the saddle.
so i will be seeing less and less.

regards
  • #55,695
  • Sep 12, 2016 1:51am Sep 12, 2016 1:51am
Quoting Jupiter
{quote} In the European morning... Dax leads. But S&P is always the benchmark... To be not rigid... each session may have his own sentiment. In the meanwhile EURUSD is in equilibrium... Where are your scouts? Where the NOW trend down must be considered changed? You see clearly where to attack and where to exit? If Bulls come you know what to do? This is the fti's teachings! Hi Cookie... are you in? Watch out now! The reaction! I go to manage my exposition...
yes, can be difficult talk and respond to market.
because when said, the mind rest on bias, can become rigid.

clever, manage the book.
Is correct way.
we only take the stuff here polish skills only.

You are very kind share your learnings.


regards
  • #55,696
  • Sep 12, 2016 2:00am Sep 12, 2016 2:00am
I suffered too much in past... If I can save some tears, I'll be glad.
Please read the last Eddy's post...
there's something inside!

@Cookie...
Yes.
But I don't need to trade full force and take risk.
I go sweetly with the flow.
Scout in right position and scale and scale out the next level... well covered by my cushion
Look now. PB to 400 from below.
WHACK! done.
Scout well above covering.
No need to build a position.
Nimble... small boat. Waiting for the big event.
Judge level 400 with your personal style (TILL THE LAST POINT)(10.402.75)

IMHO.
  • #55,697
  • Sep 12, 2016 2:02am Sep 12, 2016 2:02am
need see if this increased volitility will speer panick liquidators.

can make pips on both sides, but immediate attention is to watch see if have panic liquidation.

regards
  • #55,698
  • Edited 2:36am Sep 12, 2016 2:08am | Edited 2:36am
Quoting Jupiter
I suffered too much in past... If I can save some tears, I'll be glad. Please read the last Eddy's post... there's something inside! @Cookie... Yes. But I don't need to trade full force and take risk. I go sweetly with the flow. Scout in right position and scale and scale out the next level... well covered by my cushion Look now. PB to 400 from below. WHACK! done. Scout well above covering. No need to build a position. Nimble... small boat. Waiting for the big event. (TILL THE LAST POINT) Judge level 400 with your personal style. IMHO.
hmm, this one is up to individual style of trading so there is no right or wrong here, just something i like to do, partly also because im pretty contrarian, so sometimes i see opposite of others.

Though something strikes me as funny about the spx down move, TLT is down.
  • #55,699
  • Sep 12, 2016 2:10am Sep 12, 2016 2:10am
I wrote. Yes and IMHO... and your personal style.
10.402.75 holds the first reaction.

And we can have music... with message inside! Like fti does!
John Petrucci improvises on a known line.
He is playing into the Zone... Great pro! Great technique!
As a trader must do!
Preplanned Sequences (study, study, study) and Extemporaneous responses.
fti's teachings.

Inserted Video
  • #55,700
  • Sep 12, 2016 2:19am Sep 12, 2016 2:19am
Now... stop writing and breaking balls.
Went hammering down on the wave!!!
Still in... till the end of the push.
But...
When the push is to be considered finished?
For now... scale in and out. Second touch of 331 attack level out.
Watching resistance ... scouts at my back.
Nimble scalping. Just one style of trading the wave.
Now watchin the bulls ready to exit. No need to fight.

Collective and friendly conversation, students and teacher.
9 traders viewing now