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Technical Analysis Fallacy

  • #56,581
  • Edited 3:47am Nov 28, 2016 3:04am | Edited 3:47am
Quoting RelaxRay
{quote} i used to play star craft long ago, can still remember my favourite cheat code "power overwhelming" and i send the trooper to clear the enemy base. hahaha, then, got introduced to online campaign, needless to say, cheatcode didnt work and got my ass kicked. but still much fun. I dont think my computer specs can run the game without lag.. but weekends, I usually go workout and sleep and family time, so try to keep screen time minimal. Yesterday, a TV program was saying, after every 3hours, we need add 1 cup of green vegetable on top of the...
its fun no doubt

though it taught me a little about trading too, top tier players are very flexible about how to go about competing against other players, and know how to capitalize on opponent's mistakes and keep pressing their mistakes. letting them overextend, then counter and press the attack. the stop hunt, not so unlike the aow, the opportunity for success is provided by your opponent.

on a side note gbpusd looks really odd, no news 50pips drop in 5mins, not sure if the flashcrash scarred the market alot to scare liquidity away.
  • #56,582
  • Edited 7:21am Nov 28, 2016 5:58am | Edited 7:21am
Quoting CookieMonsta
{quote} its fun no doubt though it taught me a little about trading too, top tier players are very flexible about how to go about competing against other players, and know how to capitalize on opponent's mistakes and keep pressing their mistakes. letting them overextend, then counter and press the attack. the stop hunt, not so unlike the aow, the opportunity for success is provided by your opponent. on a side note gbpusd looks really odd, no news 50pips drop in 5mins, not sure if the flashcrash scarred the market alot to scare liquidity...
yea its true, very keen eye and sensitive to changes too, and once change is detected, adjustment is made... There is this top trader from japan name "CIS". Very well known guy.

rgds

just the odd news of another lawsuit earlier i guess, no idea. very quiet day today also, not much activity on cal except draghi later on.. very thin monday

north america in session,
usd demand conts,
oil and cad reaction positive to news of "production freeze" no deal yet, talking heads. 'may see deal soon'
Fall in love with the process, and the outcome takes care of itself.
  • #56,583
  • Edited 8:23am Nov 28, 2016 7:32am | Edited 8:23am
Quoting RelaxRay
{quote} yea its true, very keen eye and sensitive to changes too, and once change is detected, adjustment is made... There is this top trader from japan name "CIS". Very well known guy. rgds just the odd news of another lawsuit earlier i guess, no idea. very quiet day today also, not much activity on cal except draghi later on.. very thin monday north america in session, usd demand conts, oil and cad reaction positive to news of "production freeze" no deal yet, talking heads. 'may see deal soon'
ah, yea and since this morning yen went down 130pips around there, and bounced back all the way up, freaking thin day. cadusd tanking like a rock too.

yep, well the brain is pretty much a just like muscle afterall, the more you train it, the more it becomes stronger, doesn't matter what you use it on. especially when you need to deal with unstructured environments, like very open ended games and unstructured problems, where you may not have prior knowledge and need to test things out and no fixed rules are around. so because of that the ability to observe is key and think and understand is key. the games or problems is but a suitable environment for one to exercise and stimulate the brain. you could say perhaps those games help to orientate them in a similar situation and environment first, so it becomes very natural to adopt the way of thinking when trading, as they need to outfox their opponents. especially in unstructured environment, observation and thinking and understanding of how the environment works is key and the more you work on such problems, the more your brain adapts to such methods of thinking.

The word pattern has many meanings, even a traders mo, is considered a pattern. So recognition of pattern itself may mean not just candle stick patterns but what traders are doing at there. So I guess, technically, breakout traders trading breakouts are a form of pattern, and if you keep seeing price bob up the high only to be taken down, it may seem like someone gaming them, which is a pattern. So people like fti are probably trading against them, and so we can observe the interaction between these 2 groups, strong vs weak player and strategize this. This is just the read alone though. But of course one must always account for missing information and be ready to react as info manifests later on.

However for trading, it's much more complex as it's a system of many players vs each other. So the variations are near infinite
  • #56,584
  • Edited 11:20am Nov 28, 2016 10:47am | Edited 11:20am
http://www.reuters.com/article/malay...-idUSL4N1DP21T

FTI,
Deja vu of good old days?
Seem like it s possible it come one full round.

Regards


https://www.theguardian.com/politics...eea?CMP=twt_gu
Fall in love with the process, and the outcome takes care of itself.
  • #56,585
  • Nov 29, 2016 1:10am Nov 29, 2016 1:10am
https://video-sin6-1.xx.fbcdn.net/v/...4d&oe=583D521C
  • #56,586
  • Nov 29, 2016 1:13am Nov 29, 2016 1:13am
http://www.scmp.com/news/china/socie...ent-death-toll
  • #56,587
  • Edited 4:09am Nov 29, 2016 2:13am | Edited 4:09am
Quoting CookieMonsta
{quote} its fun no doubt though it taught me a little about trading too, top tier players are very flexible about how to go about competing against other players, and know how to capitalize on opponent's mistakes and keep pressing their mistakes. letting them overextend, then counter and press the attack. the stop hunt, not so unlike the aow, the opportunity for success is provided by your opponent. on a side note gbpusd looks really odd, no news 50pips drop in 5mins, not sure if the flashcrash scarred the market alot to scare liquidity...
Only fools would play virtual reality games.
Who control the computer wins.
And you have no way control the computer.
You only pay for it.
And its waste of time play computer games. worst non productive endevour in world.

Teach you about trading?
teach you be rigid like a chair.

please do not ever compare it to aow.
not even close.

Only thingy computer good for is order routing because of speed and logs. Any one uses it as trade machanism will meet its faith. you watch.
just wait a little you will see.

oh and back office ops is ok.
ev n that needs tight auditing, in case of back doors and hacks.

I would safely give a dealer a mio or two trade lines to manage.
a computer, maybe 10,000 tops.
seriously, i won't even trust it mop the dealing room floor.
would need someone standby kick it when needed.


regards
Attached Image
  • #56,588
  • Edited 3:57am Nov 29, 2016 2:43am | Edited 3:57am
Quoting fti
{quote} Only fools would play virtual reality games. Who control the computer wins. And you have no way control the computer. You only pay for it. And its waste of time play computer games. worst non productive endevour in world. Teach you about trading? teach you be rigid like a chair. please do not ever compare it to aow. not even close. Only thingy computer good for is order routing because of speed and logs. Any one uses it as trade machanism will meet its faith. you watch. just wait a little you will see. oh and back office ops is...
its human vs human

the ai is rarely played against because of its predictability.

the game is just a visualization tool, and it provides little to no ai so the player fully controls it.

but alas point taken.

anyway its just a form of entertainment, so i dont really see whats the problem with that, as long as its not harming you or others in anyway.

ok, nvm, i think i understand alittle why you are getting worked up. probably that im comparing trading to computer game, not taking any real risk or having any stakes in it. and you view it as an insult.

anyway, i never said to compare it with aow, just some ideas in aow are applicable in more than just trading, business and others as well.
  • #56,589
  • Nov 29, 2016 4:14am Nov 29, 2016 4:14am
Quoting CookieMonsta
{quote} its human vs human the ai is rarely played against because of its predictability. the game is just a visualization tool, and it provides little to no ai so the player fully controls it. but alas point taken. anyway its just a form of entertainment, so i dont really see whats the problem with that, as long as its not harming you or others in anyway. ok, nvm, i think i understand alittle why you are getting worked up. probably that im comparing trading to computer game, not taking any real risk or having any stakes in it. and you view it as...
ooops

regards
Attached Image
  • #56,590
  • Edited 6:20am Nov 29, 2016 5:10am | Edited 6:20am
Quoting fti
{quote} ooops regards {image}
not sure if you wanna continue this discussion, and im not even talking about algos here, algos were never in the discussion and i dont even know how did algos enter the picture.

there is the computer game, then there is the mind game, which game are you refering to? im refering to chess, the mind game in chess, not the algo type, the human vs human interaction.

because we seem to be arguing abt different things, not even the same subject

Anyway, we can agree to disagree on subject. And I will not bring this topic up again too.
  • #56,591
  • Edited Dec 1, 2016 1:24am Nov 30, 2016 1:56am | Edited Dec 1, 2016 1:24am
http://www.nytimes.com/2016/11/29/bu...ency.html?_r=0

i am watching you.....ho hoo. whats impact?
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  • #56,592
  • Edited 7:31pm Dec 1, 2016 1:18am | Edited 7:31pm
wah at last i can use my 4k screens, hahahahahahahaha

oooops i can see her tears. ai ya too clear.

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press play at the pink zone.
special version, for those who knows this song.月亮可以代表我的心 cafe version. the moon represents my moon.
http://thisplaylist.com/song/play-mp...ac-837806.html

which is farther the moon or paree?
paree.
I can see the moon, i cannot see paree.
  • #56,593
  • Dec 1, 2016 2:54am Dec 1, 2016 2:54am
Been up north to pay respects....... what is goin on in world.... same old same old.....

Alex
check out the terrain - follow never lead
  • #56,594
  • Edited 7:46am Dec 1, 2016 2:57am | Edited 7:46am
https://www.bloomberg.com/news/artic...soften-on-iran

oooops whats gonna do with my stockpile?
drink up , there's lots more.

and don't you start with the i'm fasting stuff.


regards
a beautiful nusantara song, named Mila.
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  • #56,595
  • Dec 1, 2016 3:32am Dec 1, 2016 3:32am
Quoting alexandria
Been up north to pay respects....... what is goin on in world.... same old same old..... Alex
yeap, what goes around comes right back. hahahahahahahahahahahahahahaha
eeeeer no echo?


regards
  • #56,596
  • Dec 1, 2016 4:46am Dec 1, 2016 4:46am
Quoting fti
{quote} yeap, what goes around comes right back. hahahahahahahahahahahahahahaha eeeeer no echo? regards
yep twice.....

Alex
check out the terrain - follow never lead
  • #56,597
  • Edited 11:05pm Dec 1, 2016 8:01am | Edited 11:05pm
Quoting alexandria
{quote} yep twice..... Alex
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  • #56,598
  • Edited 10:49pm Dec 1, 2016 8:06pm | Edited 10:49pm
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wah belly dizzy, worst than gym workout.
but beats walking up and down the hill.

chinese new year lion dance, anyone?
  • #56,599
  • Dec 2, 2016 12:55am Dec 2, 2016 12:55am
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  • #56,600
  • Dec 2, 2016 3:07am Dec 2, 2016 3:07am
Quoting fti
https://www.youtube.com/watch?v=RmI7YSOxx-k https://www.youtube.com/watch?v=zgBosPgXyJA https://www.youtube.com/watch?v=_-j06h1wa5s https://www.youtube.com/watch?v=U7jM_AO7rvE wah belly dizzy, worst than gym workout. but beats walking up and down the hill. chinese new year lion dance, anyone?
Thailand car show! Nice!
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