Does trendline work?

Discussion in 'Technical Analysis' started by GloriaBrown, Aug 17, 2019.

  1. MKTrader

    MKTrader

    Nope. "Real time" means you provide precise entry and exit points...not just fun pictures on your chart.
     
    #61     Aug 20, 2019
    murray t turtle likes this.
  2. volente_00

    volente_00

    All there for your reading pleasure including my 2650 objective



    But yes trendlines don't work for shorting tops


    :cool:
     
    #62     Aug 20, 2019
    murray t turtle likes this.
  3. It depends on the context of the market.
     
    #63     Aug 20, 2019
    murray t turtle likes this.
  4. easymon1

    easymon1

    btcusd 2019 0820 clean.png
     
    #64     Aug 20, 2019
  5. That chart is making my head hurt.
     
    #65     Aug 20, 2019
    tommcginnis likes this.
  6. Overnight

    Overnight

    Huh? You mean random lines drawn all over a bitcoin futures chart does not show you exactly where the price is going tomorrow? The fibbo overlay should give it away, on an instrument with no fundamental basis in reality!

    It must be your inability to properly read TA. Or your system is faulty. Or you have a bad strategy. Etc etc etc.

    I bet Sweet Bobby could make a fortune on that one.
     
    #66     Aug 20, 2019
    murray t turtle and tommcginnis like this.
  7. Well, it would have made perfect sense if only there were a half dozen moving averages, multicolored itchy-moku clouds, Bollinger, and VWAP and a Dilbert cartoon added to it.
     
    #67     Aug 20, 2019
    tommcginnis and Overnight like this.
  8. Overnight

    Overnight

    Ahh, a Dilbert CHART jargonator. Truly what we have been lacking for years. *could have had a V8*
     
    #68     Aug 20, 2019
  9. Trend Lines. The I Ching wands of the stock market.
     
    #69     Aug 20, 2019
  10. notagain

    notagain

    Trendlines work on the NQ watch for the end of the Fed triangle Oct 29
     
    #70     Aug 20, 2019