can price action predict market moves

Discussion in 'Trading' started by geth03, Mar 24, 2021.

  1. Name of the asset please. I can show you another 100 charts where "support" held and then again another 100 charts where such "support" did not hold. Pure randomness in the absence of any other data. The price action is dictated by broad market moves, company specific news, large trades crossing the tape, related options positions, none of which relate in the slightest to this particular chart pattern.

     
    #201     Mar 30, 2021
    geth03 and themickey like this.
  2. easymon1

    easymon1

    delete ibsl.png
     
    #202     Mar 30, 2021
    stockpredictor likes this.
  3. Problem with people who disregard TA simply don't know what to look for. It's proven to work.
     
    #203     Mar 30, 2021
  4. easymon1

    easymon1

    Open Invite To All. _ Don't Tell Us, Show Us.
    Please, Post a load of Non-Workings right in here...
    https://elitetrader.com/et/threads/...cially-non-workings-text-is-cheap-lol.348337/

    Double Top, Double Bottom.
    Show your Opinion, Use Charts - Especially Non-Workings!
    Text is cheap, lol.

    Don't Tell Us, Show Us.
    Everything That's Fit To Chart.

    trading double tops double bottoms
    https://yippy.com/search?query=trading+double+tops+double+bottoms
     
    #204     Mar 30, 2021
  5. Of course... Because you say so. One only must look at your C2 thread to see how proven it is.

     
    #205     Mar 30, 2021
  6. The posts in your thread say everything that needs to be said. Even a broken clock is right twice a day.

     
    #206     Mar 30, 2021
    geth03 likes this.
  7. easymon1

    easymon1

    #207     Mar 30, 2021
  8. #208     Mar 30, 2021
  9. You've proven why TA doesn't work- because people do not know how to read.
    Screen Shot 2021-03-30 at 2.10.01 PM.png
    https://www.elitetrader.com/et/threads/prediction-based-trading.351176/page-42 Again, I link this precise page because it was the last time I posted on the spreadsheet BEFORE switching to C2. That's 6 months of live trades. All trades are timestamped with entry and exit with no edits. Ta DoEsN't WoRk ok bloomer
     
    #209     Mar 30, 2021
    comagnum likes this.
  10. easymon1

    easymon1

    #210     Mar 30, 2021