Technical Analysis Fallacy | Page 2817 | 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

  • #56,321
  • Edited Nov 4, 2016 3:10am Nov 3, 2016 4:42pm | Edited Nov 4, 2016 3:10am
Inserted Video


Inserted Video


Inserted Video


watch that $, watch size. prepare for volatility .

ai yoi, these peeps england no goose.
is called peace keeping force la.
pieces? if meet another force?

regards
  • #56,322
  • Edited 9:13pm Nov 3, 2016 9:01pm | Edited 9:13pm
Quoting fti
https://www.youtube.com/watch?v=CqKEo-6bHBI https://www.youtube.com/watch?v=c97KDlJkZZk https://www.youtube.com/watch?v=smNPSwjLOyc watch that $, watch size. prepare for volatility . regards
10-4 captain!

Regards

oh yea, i went to muar the other day. had lots otah and nice foochow yong tao foo, very nice and friendly people there(however, sold me some giant mangos, told me was ripe, but was v sour when I slice her up..was green too. Maybe used for cooking or pickling.). some of them is foochow like you. are you in that region or further up north?
Fall in love with the process, and the outcome takes care of itself.
  • #56,323
  • Nov 4, 2016 2:12am Nov 4, 2016 2:12am
Quoting fti
https://www.youtube.com/watch?v=CqKEo-6bHBI https://www.youtube.com/watch?v=c97KDlJkZZk https://www.youtube.com/watch?v=smNPSwjLOyc watch that $, watch size. prepare for volatility . regards
Hello Colleagues,

Fti, thank you for the reminder.

Regarding the size I would like to share my learning retailer experience over positions size.

That is with respect to YOU (selfcontrol, focus, vigilance) and brokers' trading platform pecularities. To the matter, as an instance:

You might be engaged in attacks or rescues (A/R) thus applying 5X or more size to add or save your Scout position 1X. Then, if you forget reset your platform on the respectively involved instrument pair, and do not check size the next day, you might supprisingly start with the Scout 5X. E.g., today you fight 0.1 and launch A/R at 0.5 or 1.0 Lot level, that may get the next day starting with scout at 0.5 or 1.0 standart lot. You can imagine what the business day beginning with respect to your Mindset then.

As far as I am concerned, I have experienced the case more than twice. Luckily, I managed to nimbly respond and square the Leveraged Scouts in profit. However, it did affect my midset at least for couple of hours ahead. I have an MT4 and another, bank provided trading platform. The latter, even if you reset your size a previous day after finishing trades, will require the reset do be done the next day as well before launcing. Pecularity.

And another minor issue with the above platform and trading, I had twice been supprised as forgot/ left earmarked postions type Buy/ Sell Stop/ Limit and they were engaged overnight. Next morning I realized having either deep in profit or in loss. The matter is that Limit (earmarked) positions are in different log on the bank platform and you do not normally open that log. I do not deal with this problem anymore since I do not use Limits orders. And that deep in loss (about 120 pips), actually on U/J, took me 3 hours to rescue.

As regards the above mentioned sizing, yet having a respective reminder on my desk and a check-list, I have realized to commit the same fault once more.

Ergo, indeed watch your size every time before pushing Bid/Ask button.

Best regards, Exnav
Not to Advance is to Fall Back
  • #56,324
  • Nov 4, 2016 2:41am Nov 4, 2016 2:41am
Quoting Exnav
{quote} Hello Colleagues, Fti, thank you for the reminder. Regarding the size I would like to share my learning retailer experience over positions size. That is with respect to YOU (selfcontrol, focus, vigilance) and brokers' trading platform pecularities. To the matter, as an instance: You might be engaged in attacks or rescues (A/R) thus applying 5X or more size to add or save your Scout position 1X. Then, if you forget reset your platform on the respectively involved instrument pair, and do not check size the next day, you might supprisingly...
Hi Exnav,

Noted much thanks.
In mt4 I have set the minimum size for my allocated scout, and if I have altered the size, it would always give me the default size which is pre-set. I found this to be useful for fast moving situation.
To do this, you would need to be login in your platform, under tools, then options. It is under the "trade" tab where you are able to customise this.

Also, got the limit orders, I always set an expiry for the next day or ~6 hours. On MT4, you are able to tick the "expiry" option for me. I found that to be a fail safe, if I wish to leave a limit order, but I rarely place such a order these days.

Regards
Ray
Fall in love with the process, and the outcome takes care of itself.
  • #56,325
  • Nov 4, 2016 2:57am Nov 4, 2016 2:57am
Quoting RelaxRay
{quote} Hi Exnav, Noted much thanks. In mt4 I have set the minimum size for my allocated scout, and if I have altered the size, it would always give me the default size which is pre-set. I found this to be useful for fast moving situation. To do this, you would need to be login in your platform, under tools, then options. It is under the "trade" tab where you are able to customise this. Also, got the limit orders, I always set an expiry for the next day or ~6 hours. On MT4, you are able to tick the "expiry" option for me. I found that to be a fail...
Hello Ray,

You are correct. Thank you for your valuable advice.

Quote
Battlestations Ladies and Gentlemen! Helmets On!

Enjoy your Friday trading and upcoming week-end!

Best regards, Exnav
Not to Advance is to Fall Back
  • #56,326
  • Edited 3:33am Nov 4, 2016 3:03am | Edited 3:33am
Quoting RelaxRay
{quote} 10-4 captain! Regards oh yea, i went to muar the other day. had lots otah and nice foochow yong tao foo, very nice and friendly people there(however, sold me some giant mangos, told me was ripe, but was v sour when I slice her up..was green too. Maybe used for cooking or pickling.). some of them is foochow like you. are you in that region or further up north?
eeeeeee 北西 11oclock 530 klik near naval bi

by the way i honour discharged many eons already hor.
now only pieces keeping.
walking stick 3 pieces have.

nyang tou foo, i prefer hakka. have salted fish comes alive. hahahahahahaha

was you in muar or sri jaya?

ok foochow secret below. but teochew one better. taiping. but nearly similar.

regards

Inserted Video


england dosage
Inserted Video
  • #56,327
  • Nov 4, 2016 3:20am Nov 4, 2016 3:20am
Quoting Exnav
{quote} Hello Ray, You are correct. Thank you for your valuable advice. {quote} Enjoy your Friday trading and upcoming week-end! Best regards, Exnav
Hi Exnav,

Not at all, don't mention.
Thank you, you too !

Regards
Ray
Fall in love with the process, and the outcome takes care of itself.
  • #56,328
  • Edited 3:39am Nov 4, 2016 3:25am | Edited 3:39am
Quoting fti
{quote} eeeeeee 北西 11oclock 530 klik near naval bi by the way i honour discharged many eons already hor. now only pieces keeping. walking stick 3 pieces have. nyang tou foo, i prefer hakka. have salted fish comes alive. hahahahahahaha was you in muar or sri jaya? regards
hahahha ok ok, anything for you... as long as no area cleaning...

ahh yea, hakka is nice too. yum.

Was in muar, near the fishing village area.
You're in sri jaya?


rgds

ah yea, there was or jian at the muar glutton street too.... was ok only leh.

haha, good song.
Lets not forget this..
Inserted Video


wow, saw that you have updated to your latest version, abit cheeky ah. i thought you were talking about food, and suddenly it became aphrodite food... hahah ok ok, my give smooth skin.


hmm.. taiping is it?
never been there leh, any hotel?
Fall in love with the process, and the outcome takes care of itself.
  • #56,329
  • Edited 4:07am Nov 4, 2016 3:40am | Edited 4:07am
Quoting RelaxRay
{quote} hahahha ok ok, anything for you... as long as no area cleaning... ahh yea, hakka is nice too. yum. Was in muar, near the fishing village area. You're in sri jaya? rgds ah yea, there was or jian at the muar glutton street too.... was ok only leh. haha, good song. Lets not forget this.. https://www.youtube.com/watch?v=Jx6j4i--cdo hmm.. taiping is it? never been there leh, any hotel?
ai yoi, 530 lick more la.
hehehe you GPS losak ka?

not the naval b down under la.

no taiping is NE from here.

regards


wah your brain. click to ENLARGE.
Attached Image (click to enlarge)
Click to Enlarge Name: 482611.1475996149.png Size: 613 KB
  • #56,330
  • Nov 4, 2016 4:17am Nov 4, 2016 4:17am
Quoting fti
{quote} ai yoi, 530 lick more la. hehehe you GPS losak ka? not the naval b down under la. no taiping is NE from here. regards wah your brain. click to ENLARGE. {image}
oops, my bad. words didnt out out well.
what i meant was, if there is any good/new hotels.. rahter then "any hotels" haha.

reason was cause, when I was there, the hotel i stayed in was quite old, and.. had quite a few issues.. we took a drive around town, and could not find any new hotels as well. i believe that was cause there is lesser attraction and hence, not a "good investment" for the hoteliers.

rgds
Fall in love with the process, and the outcome takes care of itself.
  • #56,331
  • Nov 4, 2016 4:23am Nov 4, 2016 4:23am
Quoting RelaxRay
{quote} oops, my bad. words didnt out out well. what i meant was, if there is any good/new hotels.. rahter then "any hotels" haha. reason was cause, when I was there, the hotel i stayed in was quite old, and.. had quite a few issues.. we took a drive around town, and could not find any new hotels as well. i believe that was cause there is lesser attraction and hence, not a "good investment" for the hoteliers. rgds
AHHHH HOTEL.

and all sorts monkey comes do room service while you sleeping.

regards
Attached Image
  • #56,332
  • Edited 5:12am Nov 4, 2016 4:33am | Edited 5:12am
eeeeer have free coconut if bring gf along.

Inserted Video



hahahaha served by monkey.

Inserted Video


I think capt is still trying teach some monkey fly heli.
but it ain't easy.

Inserted Video


regards
  • #56,333
  • Nov 4, 2016 5:25am Nov 4, 2016 5:25am
Hi Fti,
i have some question, i hope you can answer.

1) the market we trading ( those in mt4 or others platform) in retail size, is not the real forex market right? all our trade size is not send to the true markets, is it correct?

2) do you think that there can not be too many people to win/earn money in the markets? will it make the markets unbalance?
  • #56,334
  • Edited 6:31am Nov 4, 2016 5:44am | Edited 6:31am
Quoting warbee
Hi Fti, i have some question, i hope you can answer. 1) the market we trading ( those in mt4 or others platform) in retail size, is not the real forex market right? all our trade size is not send to the true markets, is it correct? 2) do you think that there can not be too many people to win/earn money in the markets? will it make the markets unbalance?
eeeeeer

1. The retail market place is like the markets you go to buy your food. When the market players position get large they restock from the wholesalers,
wholesalers market aka interbank spot minimum ticket is 2 million usd.per ticket. Its still a market, difference is between retail and wholesale only. different muscle size.

2. why not? of course some people always buy back leftover stuff, if they are trained to do that. Markets are always unbalanced. there brokers taking fee on every trade, scalper scalping every trade and people trading. The pressures builds up on the market and it moves. One just need know how.
Of course you can go in the market buy a bunch of bananas, and tell me if prices drop you will sell back to me. I will sell to you and buy back from you, no problems.
Or you can buy wait the byres cross the line then sell to them for a profit. But of course if you no have enough capital, i will make you cross the line and sell it to me at a loss. esp if you can tell me how much it drops will cross your line, Then it makes life easier for me.

if i can train your mind, buy and sell at 5% movements, i just need move it 15% volatilty and i sure win. and this is only 1 strategy.
so whats your margined leverage?
The real question is , do YOU know how to win? not if you can win.
I know ducks can fly, but they still end up on the plate. some really can fly. some think they can fly. there is a difference.

You know what your cage is like by examining what the bars they put on the cage. There many carpenters building new snares everyday.


regards
  • #56,335
  • Nov 4, 2016 8:15am Nov 4, 2016 8:15am
Quoting fti
{quote} eeeeeer 1. The retail market place is like the markets you go to buy your food. When the market players position get large they restock from the wholesalers, wholesalers market aka interbank spot minimum ticket is 2 million usd.per ticket. Its still a market, difference is between retail and wholesale only. different muscle size.
Thanks for your reply, fti.
Thanks again.
  • #56,336
  • Edited 3:32am Nov 5, 2016 3:00am | Edited 3:32am
Quoting fti
{quote} some really can fly. some think they can fly.
eeeeer ok a friend boink me so i try say it properly.

Flight is not a skill we are born with. neither is trading.
so training is necessary.

i still traying to teach my comfuser how to delete emails.
i don't know.
I deleted already, and there they are again.

anyway proficiency is not something that comes without et labour.
and its not a i learned 1 time thingy.
Thats why we have verione 1 , version 2 versions 2a,,,,,,,,,,,,,,,,,,,,,,,,,,,,v202

i don't think a picture album manager can morp into a email manager.
can or no. maybe one day.
is possible. I have a legal manager learned managing affairs.
now is morped into affairs manager in events managing firm.

This world is very interesting.We have pilots manage trade.
pilots managing camels? okok camel pilots.

eeeeer i was ever ViceP, never was.......eeeer.....president, vice.
is easier manage public services than privates services.
just take a good look. winamp etc....


regards
Attached Image
  • #56,337
  • Edited 4:22am Nov 5, 2016 3:34am | Edited 4:22am
Inserted Video


loti betty
Inserted Video


she she song
Inserted Video
  • #56,338
  • Edited 9:44am Nov 7, 2016 9:10am | Edited 9:44am
Inserted Video


wahhhh


so much energy, my bandwisth also boooom.

regards
  • #56,339
  • Edited Nov 8, 2016 4:06pm Nov 7, 2016 6:54pm | Edited Nov 8, 2016 4:06pm
bandwidth boom ?? aiya, nowonder my net become so slow...

Inserted Video


risk off sentiment heading into results

regards

i dont think i seen this before,
stance changed from risk off to risk on <24hrs before decision day, and still risk on heading into results
yen down, chf down, gold down, oil down
sp and friends up
risk on currencies up

market buying in early into a hilary win, with push from FBI and last min fed head talks

only thing loonie started selling and broken out of range, wonder what shes doing
Fall in love with the process, and the outcome takes care of itself.
  • #56,340
  • Nov 8, 2016 3:12am Nov 8, 2016 3:12am
Hi Fti, I have been reading this thread since the beginning and am quite impressed about the psychological part of trading. I started trading live a month ago after 6 months of demo and the experience (and results) have been good, however sometimes I am afraid to risk and at the end I ''go home''with nothing.

I use no indicators, I just try to dance the markets music the best I can. I want to get some professional advacend background, so.... what are the books you recommend me to get some advanced insight of trading? (or some basic stuffs that you know are important)

Thank you very much Fti

Ps-''paper money''i have already read
14 traders viewing now