Prove to me that Technical Analysis Works.

This is last post that I post my signal.
Since I started it, so I think I better finish it.

 

How are you positioned currently?
Do you use charts? If anybody feel like postin em up, ...

https://www.elitetrader.com/et/thre...t-right-here-baby.343012/page-20#post-5659831
>

 

Why, you have had good calls for a while now. The only bump was the premature short that you quickly corrected.

 

I have said I stop posting my entries and exits as well as my signals.

 

That was a bad exit that I tried to front run my system.

Why I stop posting my signals?
Because not only it doesn't benefit me, but someone may decode my system. So it is negative value for me.

However,if someone offers some money, I can do it by setting up an account at collective2, and making real time entries and exits.
It does not cost much of my time but the site charges money for doing this. So there is no incentive for me.
Or if there is someone who is willing to invest big money on my system, then I can do a demo for him until he says"ok, I trust it and want to put big money on this system.

 

Position doesn't involve when in, e.g entries and signals.
So are you saying you no longer post positions either?
Free country, do as you like.

 

Ok, let me talk a little more on this.
There is a primary trend, which is a major trend. There is junior trend, which is like rebound.
When a primary trend is up trend, and it changes into a down trend, there could be double tops(but not always). This was what happened in early Jan , when the major bear market started.
Because this July-August up trend ran so long and so high, it has became a primary trend.So there is a chance it goes up again to form a double tops.
And also it may not have double tops. So problem here is I see there is chance that market goes straight down from here, but there is also chance that it may goes up again to form a double tops, and then goes down. There is also chance that it goes down some days and goes up to break new high and form a new up trend.
This is why I am not intended to short from here. I want to see a rebound and down again, that is the time when I start a short. However, I do have a short in GBP/USD, which was already in a down trend days ago. Because it is much weaker than equity, ( you can deem it as a sector of US equity)it is a safe substitution for US equity short, which I intended to hold for longer。

 

If there's action, I'm interested. I like to trade intraday 1 - 10minute charts.
What timeframe charts do you position your trades from ultimately during the minute before you buy or sell to enter? What TF is The Last One you look at? Yes we all look at 5 or ten charts before we enter. The very last one's timeframe?

 

I have talked enough and want to stop from here.

 

Wish I got a dollar for every time someone said this over the years, my trading account would be much yuuger than it is.