Hypothesis: Technical Analysis only works in the immediate short-term

Discussion in 'Technical Analysis' started by Investor, Oct 2, 2016.

  1. Tell the so called traditionalists .
     
    #101     Aug 5, 2017
  2. themickey

    themickey

    'Yes' re MA's, MMA's, RSI's, STO, head & shoulders etc, in my opinion.
    'No' re using something the crowd don't use.
    But TA for traders is better than FA (fundamental analysis or F*uck All).
    Choose your own poison, it's a free world and no one is forcing anyones opinion here.
    But when I hear strident opposition to TA, usually the first thing I think of is Surf & Cold (a poster from way back). Both these guys were anti guys, hated stuff with a vengance, that's because in their ignorance they got burnt but instead of learning, decided to become haters.
     
    #102     Aug 5, 2017
  3. Sprout

    Sprout

    Respectful inquiry can open a mind, inaccurate statements based on incomplete datasets not so much.
     
    #103     Aug 5, 2017
  4. Examples please.
     
    #104     Aug 5, 2017
  5. MAs are legit but of very limited use, adding basic math calculations can improve it by leaps !
     
    #105     Aug 5, 2017
  6. themickey

    themickey

    Tru dat.
    I am not a believer in the traditional use of RSI's, but I do use them for measuring volatility.
    Hence for example why it can be said traditional TA is rubbish, but if you go unconventional, TA can be made to work.
    In trading one needs to think outside the square. Where the crowd is, a trader needs to go a different direction.
     
    #106     Aug 5, 2017
  7. I don't know about unconventional but adding basic maths to TA in general will make huge improvements, the hedges are already doing it whilst us retail are expected to be suckers for the usual gunk.
     
    #107     Aug 5, 2017
  8. ironchef

    ironchef

    How do you correlate RSI to volatility?

    Thanks.
     
    #108     Aug 5, 2017
  9. themickey

    themickey

    By measuring the difference in values.
    You can sum the frequencies
     
    #109     Aug 5, 2017
  10. ironchef

    ironchef

    OK thanks.
     
    #110     Aug 5, 2017