Hi leighsww, correction if Imay, this is the style that fti used in training dealers and how fti talks, lol. fti is not all banks, but a few banks had him for some time. So there is a circle of these fti type people around, still. hopefully. regards

Technical Analysis Fallacy

The Zoran stripings — Hi ALL, The Zoran stripings. ---------------------- Sexy looking chart. Will someone put on the "Cherry Pink And Apple Blossom White",please for enhanced ambience. Getting rid of the makeup. I see you use Moving averages. ...

Technical Analysis Fallacy

Hi Burton, Just FYI, Army War College (U.S.) Strategic Studies Institute. Sun Tzu and Clausewitz: The Art of War and On War Compared. Mendez, Anthony W. (LtCol, USAF). The Gettysburg Campaign: "Know Your Enemy, Know Yourself". Maxwell AFB, AL, Apr ...

Technical Analysis Fallacy

Hi All, @ Leighsww, The chart presented was a GBP/YEN chart. The cross comprise of GBP/USD against USD/JPY. so the movements in the respective majors have an impact on the cross. yes? (Majors currency pairs = USD/JPY, USDCHF, GBPUSD, EURUSD, if ...

Technical Analysis Fallacy

Hi ALL, @ Bunton What you mentioned is alsolutely accurate, in the sense of a foot soildier. Try relating in the context of the CO. General if you like.( part 1 of the Art of War training - 'YOU' The General. aka self. What you related does apply to ...

Technical Analysis Fallacy

Hi ALL, The Zoran stripings. ---------------------- Istly the chart you presented is a cross chart. the nature of crosses ------------------- being non majors they have a tendency to cluster or tear easily due to that they are less liquid as ...

Technical Analysis Fallacy

Hi ALL, On the development of Zoran, presenting a case study. I shall adopt his chart as exhibit for dissection.So I will be digresing back to the analytics before goning on into the MM. On the issue of title, to me its of zero importance, maybe as ...

Technical Analysis Fallacy

Hi MickD, Is TA a fallacy? No not by itself and if you keep to the mainstream analysis. but you can create the fallacy if you approach it wrongly. The word Technical = implys Charting Analysis = imply the need to use brains to think and to reason. ...

Technical Analysis Fallacy

So in a nut shell it depends on the risk you are willing or is able to stomach. A flat game probably is only good for entertainment value. The parameter thresholds I had at the bank ,I think I have already given in this thread. Basically the money ...

Technical Analysis Fallacy

But of course you can take the military offensive attack ratio of 1:3 for every shift of short chart tenure, but the snowballing gets to become very large to stomach. Imagine after 5 steps.But of course you may even consider martingale or fibonacci ...

Technical Analysis Fallacy

Now your million $ question, what parameters should a traders trading retail spot positions use. Frankly, I cannot ascertain for sure as I have not participated in the retail game yet. In interbank spot there is no leverage .So the value at risk is, ...

Technical Analysis Fallacy

For my personal portfolio,it was very much smaller than the banks books, nevertheless, it operates on the same MO but in the futures market, only that my hedge bros becomes very expensive, even though I used to be a non clearing seat owner. Now they ...

Technical Analysis Fallacy

We'll start with the bank. We have large corp customers who need hedges for their FX risk on annual earnings, so as a service we write them OTC currency options and other synthetics. These positions have delta reads, which tells us what our exposure ...

Technical Analysis Fallacy

Hi ALL, @ Dopey, You ask the hardest question to answer,and thats because you are putting the cart before the horse. I say that because you are asking for parameters. It is the subjective ness that I am grapling with. Let me explain it this way. Now ...

Technical Analysis Fallacy

As a wrongly timed entrance , just signifys your lack of the ability to pulse the market. The right protocol, I repeat, would be to either withdraw from the position with minimal damage.(damage control if you please). or to commit into the position, ...

Technical Analysis Fallacy

Under adverse conditions, the decision process should be focused, on the resolve of. 1. If the position was desirable , then more capital will have to be put at risk and a rescue of the badly timed position must be effected. 2. If any mitigating ...

Technical Analysis Fallacy

This is different for trader who , chose their positions. The fact that, their chosing of the trade, is an interplay of hope and expectations, grounded on whatever the analysis for the taking of the position in the first instance. Analysis is a ...

Technical Analysis Fallacy

Ones mindset must be "determination", the resolve to right analysis and right timing within the financial capabilities. ( detailed explaination in the Art of War amd MM section later ) When a soildier,enters battle zones, its a "kill or be killed" ...

Technical Analysis Fallacy

Hi Pips_Cruiser, Zoran Its is become a real pain to post long replys after the sytem upgrade.(server bad response error.) So the reply is broken up. We are jumping the gun.This is a initial view into Art of War & Money Management. As you have ...

Technical Analysis Fallacy

Hi All @ Islander Sorry that I missed your posting earlier. Thanks for your kind words. Do join in the discussions. @ dopey How true, the truth. regards

Technical Analysis Fallacy