Is there any reason why technical analysis would work

Discussion in 'Technical Analysis' started by nycderivtrader, Aug 20, 2003.

  1. CalTrader

    CalTrader Guest

    The key question to ask in TA and fundamental analysis is "what is everyone looking at ?" By the way these are not always the measures that people pitch publically as being important.

    There are many measures in both worlds that are largely ignored and which wax and wane in their popularity. IMHO the measures currently in vogue are the ones that move the market and the ones you need to watch ......
     
    #21     Aug 21, 2003
  2. I'm still up and trading....

    I'm making those #3 Combo fast today and still making them fast!
     
    #22     Aug 21, 2003
  3. Speculatively interpreting the visually portrayed synthetic dimensional representation of the price action behavioral reality made one highly profitable today! :eek:
     
    #23     Aug 21, 2003
  4. An engine runs and the mechanic uses tools.

    A river flows and a Hydroelectric plant pulls energy out of it.

    The sun rises and sets and the clock measures it.


    I view indicators as tools to help me see and confirm price action.

    fundamentals can be used also. I really do not understand the point and the quest here.

    Supply and demand in the zero sum game of futures is not Random.

    As far as stocks...I have no comment as the flow is interrupted with middle men.


    Michael B.
     
    #24     Aug 22, 2003
  5. raszorz

    raszorz Guest

     
    #25     Aug 22, 2003
  6. Is there any reason why technical analysis would NOT ever work, ...? :confused: :D
     
    #26     Aug 22, 2003

  7. *******
    People,who trade ,invest stocks or shop at sporting goods stores tend to be creatutes of habits;

    [a]Take lunch breaks around noon.

    Like 50% off sales.:cool:

    [c]Prefer to pay $99.99 rather than $100.00

    [z] Most everyone uses a crude form of ta;
    effective in some cases, an example is looking at the closING stock price in newspaper.

    =============
    ''The plans of the diligent tend only to advantage'' -Solomon, trader king
     
    #27     Aug 22, 2003


  8. No objections! :D
     
    #28     Aug 22, 2003
  9. TA just helps a person judge supply and demand. However, if a person uses TA in any other context, it's useless. The trader may make money, but TA cannot predict anything.
     
    #29     Aug 22, 2003
  10. maxpi

    maxpi

    Couldn't have said it better if I tried. In fact I couldn't even say it.

    :)
     
    #30     Aug 22, 2003