Do full-time forex traders exist or is it just make believe?

Discussion in 'Forex' started by zbojnik, Apr 4, 2013.

  1. They don't exist. The guy is used to folks just taking him at his word. When he came to this forum with real professional traders his claims are just scoffed at. He really hasn't caught on to this yet, and actually does have a few FX TA struggling traders hanging on every word. quite sad.

    surf
     
    #461     Apr 25, 2013
  2. #462     Apr 25, 2013
  3. sheda

    sheda

    Ohhh Ohhhh! So TA is real enough now that people can struggle with it?:D
     
    #463     Apr 25, 2013
  4. MattSF

    MattSF

    You can't be serious. Dow going "sideways" in your verbiage and then after it drops a bit you come back and say it was confirmed by price action?

    You stated that you made calls here, right? I can't prove your calls exist when they don't.
     
    #464     Apr 25, 2013
  5. If you guys spent more time trading than proving you can trade, you might actually make/or lose more money. I guess arguing about it is the safest thing to do since this way you avoid ever having any real skin actually in the game.

    Go trade some Lira, sheda. Urrrr..... I mean Euros.
     
    #465     Apr 25, 2013
  6. You are such a joke and a liar. You ask for for me to call the YM against your PD's and I do that and you end up swearing when you double up against my call and get roasted. Then you say your PD's are correct but pointing in the wrong direction.

    You wanted the rookie statements and then you can't even believe that a US$ is a US $.

    Before that I called JCP on the 2hr chart short when you are long and again yu get roasted. Then you admitted that the subsequent daily candle on JCP was a good daily signal when it dropped like a lead balloon.

    Now I have to dig out your own words to show what you are. After that if someone wants to know use the search function.
     
    #466     Apr 25, 2013
  7. Ok I'll make it dead simple for you as you've put in so much effort. Let me help you as I help surf to remember again. Gimme me a bit and then you're on your own.
     
    #467     Apr 25, 2013
  8. MattSF

    MattSF

    It took you two hours to produce a link in which you stated the Dow was going "sideways"? Dow drops 150 and you take credit for the sideways call?
     
    #468     Apr 25, 2013
  9. Xspurt


    Registered: Jun 2009
    Posts: 1766


    09-28-12 06:15 AM

    Quote from marketsurfer:

    Man, this is the third time I have answered this question.

    It's the same reason they come on elite trader with tales of greatness and skill. WHY do you think many of the TA brigade do this? Some are even very clever with their claims, claiming to have been taught the secret TA method or whatever-- this all attracts NOOBS as followers,

    However, when called to task, they can't even enter a 10 day contest in real time to PROVE their claims.

    Its all very obvious, but I still want someone to prove me wrong.

    surf



    Are you on mind altering drugs surf? How about a reminder. YOU are the one who goes on TA threads and tells us TA is useless and your Price Drivers are where it is at. So how about looking at your prediction for 6 days ahead instead of 10.

    Remember I told you to book profits and reverse short as it was at a critical reversal point. SO what did surf do? You held long and when I told you of the danger YOU DOUBLED UP and called for a bullish week ahead.

    So here we are almost at the end of your prediction - your price drivers against old fashioned TA. Let's see how your bravado worked out, but first a reminder of your conviction for this week...

    Quote from marketsurfer:

    What is your chart telling you about Monday? You TA folks speak in riddles that can easily be interpreted after the fact to mean anything. Please be specific. My Price Drivers are signaling bullish for Monday.

    I maintain, once TA shows it, its too late or of negligible value in MOST cases. Enough so to negate the value of such an approach. Clearly, it can be shown in a very small number of circumstances to have value-- such as the daily candle in JCP-- but its not repeatable enough to be of interest.

    surf


    It is telling you the welcome mat has been replaced by the trap door. It's not talking about Monday, it's talking about now - take profits and reverse short. You hold that short until you get a buy signal and that might be on Monday. It might be in a week or a month as this has the potential to roll through a lot of time frames.

    This is a dangerous position to be long imo because of the roll over potential. In any event bank profits, sell short and wait for the buy signal.

    Xspurt


    Ok, we have doubled down into the Dec YM long at 13497 signals are strong for a bullish monday and next week thus far. enjoy! Surf



    Great! I do like the sound of doubling - we got double elephants ;)

    Xspurt

    From the above it was clear that TA would have made a double profit by closing surf's long to bank profits and reversing short to add to profits from the fall.

    However surf's price drivers not only overstayed their welcome, they were extra bullish in a TA short set up and doubled up for a double loss instead of a double profit.

    Even reversing surf's price driver signals won't help much because of the lack of control.

    (For Oilfxpro, freak and the gang of trolls, Monday comes after Friday as every call I make is hindsight to you)

    So how did you play this move?...

    Quote from marketsurfer:

    Holy F! closing out the long YM trade at 13465 with loss. surf another signal 100% reversed-- got the fat move but not in the direction predicted. what we saw is happening RIGHT NOW, but dang it, wrong way.....

    Gonna step away for awhile and re evaluate. thanks for following along. surf



    What do I want another 10 days of this for when you are in continual denial? Now let's see how the week progressed on day 6 of surf's double up bullish week...

    surf forgets day 6.png
    This has been downloaded 35 time(s).

    http://www.elitetrader.com/vb/showthread.php?s=&postid=3639229&highlight=jcp#post3639229
     
    #469     Apr 25, 2013
  10. \

    Funny! all your rhetoric and obfusication isn't going to change anything. It looks like all you are doing is fading the surf report during a draw down period.
     
    #470     Apr 25, 2013