My new chaos findings implemented in forex trading

forex live trades, setups, charts

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Paul&Paul
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Jumping to conclusions is efficient if

Postby Paul&Paul » Mon Feb 13, 2012 3:28 am

the conclusions have good scientific background.
Jumping to conclusions is risky when the situation is unfamiliar, the stakes are high and there is n o time to collect more information.

All indicators look attractive but some indicators are more attractive than the others. Few indicators come with a user note. They may be a medicine or a toxic substance. Your selection is based mainly on your subcosciousness, void of any statistical wisdom.

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Paul&Paul
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Forex requires statistical reasoning.

Postby Paul&Paul » Mon Feb 13, 2012 3:43 am

It seems nobody cares about the health of forex traders.

When we come to the chapter in which we should expect to find some statistical evidence how this or that thing works, we find that the book does not contain such a chapter.

There is no National Forex Service. You do not have doctors and nurses for forex deseases.

Instead you have witchcraft.
And the slogan saying that forex is easy.

It is as easy as predicting the weather by yourself.

National Forex Service is different from a Regulator.

We do not need more regulators. Perhaps we do not need regulators at all.
Why should we need them?

We know that they close their eyes on evident
systemic malpractices of brokers and banks alike.

Paul&Paul
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Individuals do very poorly

Postby Paul&Paul » Mon Feb 13, 2012 4:25 am

but pools of individual judgements do remarkably well. Some individuals greatly overestimate the true direction, others underestimate it, but when many judgements are averaged the average tends to be very accurate. That is true when the observations are independent and their errors are uncorrelated. If the observers share a bias, the aggregation of judgement will not reduce it.

Allowing the observers to influence each other effectively reduces the size of the sample and the precision of the group estimate.

Here you find the answer to a puzzle why the mob is generally wrong in the assessment of market developments.
The mob is generally biased by mass media, their soundbites, pseudo-analyses and revelations.
Analysts are biased too.
The mob is a giant being flowing from one bias to another. Like a real herd of sheep.
Some priming job needs to be done and that's it.
It works so simple. You are primed by the first thing in the morning once you take to reading the headlines.

Paul&Paul
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EURUSD tested nothing better than the UPO @ 1.3281

Postby Paul&Paul » Mon Feb 13, 2012 8:31 pm

The 13th of February like any 13 is an unlucky number.
Today luck left prophets who had predicted the end of the world.

Funny thing was that when I asked what went wrong at a bakery outlet, noone seemed to notice that we continue living on.

How well? Well, not very well indeed. Our next crucial number in none of the Fibonacci but 67. Those lucky will be pensioners at the age of 67.

The National Insurance almost sent New Year's greetings to all insured:

Think about a relief
To yourself
To the country
Die young.


That "almost" is that the cards had been printed but there was not enough money to mail them.

A next 13 will be on the 13th of March.

EURUSD has tested today a level very important from the angle of a non-linear system of which you were informed of not long ago but in advance to the happening.



It's a UPO @ 1.3281.

New details are added in the chart attached.

You can hardly see in the charts how people are mad at this year's developments and last year's events over here. You bet they are.

This country is not a monarchy but time and again some moron crowns all.
The best case scenario for morons is frosty winter.
Greetings to global warming believers, by the way.

Our Zweistein told the barber to cut the talk, trim the hope and frame the frog for just under 1 euro per hour.
Attachments
eurusd13.02.gif
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Humble
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Postby Humble » Tue Feb 14, 2012 4:58 am

I hear global warming is presently playing havoc in the northern hemisphere! I think in 100 yrs the cycle will be closer to global cooling.

It would seem that our planets known temperature extremes are uninhabitable for us. These being the ice age and whatever the age was when the sea levels rose high enough for the Australian content to be mostly covered by an inland sea.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Paul&Paul
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To derive the most useful information from multiple sources

Postby Paul&Paul » Tue Feb 14, 2012 8:36 pm

of evidence you should always try to make these sources independent from each other.

This rule is part of good strategy procedure.

Paul&Paul
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In a real world consider the ability to discriminate friend

Postby Paul&Paul » Tue Feb 14, 2012 8:47 pm

from foe at a glance.

You can do it in a single glance at a stranger's face.

Consider the ability to discriminate a bearish trend from a bullish trend at a glance.

Can you do it in a single glance at a chart?

Paul&Paul
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A glance provides a quick imporession of many features

Postby Paul&Paul » Tue Feb 14, 2012 8:58 pm

of the display.
You may not be able to name those features. Still, your subconsciousness
does it, automatically and effortlessly.

You can do it by making comparisons.

Your chart needs to be eventful to compare things.

Paul&Paul
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The normal state of your mind is that

Postby Paul&Paul » Tue Feb 14, 2012 9:09 pm

you have intuitive feelings and opinions about almost everything.

You often have answers to questions that you do not completely understand, relying on evidence that you can neither explain nor defend.

Paul&Paul
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How long has Goldman Sachs been going on?

Postby Paul&Paul » Wed Feb 15, 2012 4:16 pm

It is a wonder of the Universe that
GS expanded 14.208 times the trigger up.
14.208 seems to be a speed limit of our Galaxy.

The chaos telescope showed all of the colour of the rainbow.

You had been made to believe that GS was a SELL near $107 while it soared from there to over $116.

What a spectacular case of Dark Matter, Dark Energy and Dark Forces!
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gs15.02.gif
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