Technical Analysis = CRAP

Discussion in 'Technical Analysis' started by Frits, Apr 27, 2011.

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  1. Fantastic! I truly hope someone can prove me wrong, I would like nothing more.

    But like James Randi with his million dollar prize for anyone who will demonstrate the paranormal, I'm afraid it won't happen. But maybe I'm wrong!

    I look forward to it.

    Surf:)

    PS on my way to Montreal to Hotel nelligan--maybe prof can send over a bottle of wine :D
     
    #561     Jun 24, 2011
  2. You contacted Hombre I didn't. You made the arrangements with Hombre I did. You know for a fact that it isn't me. He's smacked your butt a few times in other threads. Do a search for yourself. Your trying to divert attention from your own faults won't work anymore. I'm not the only one in this forum that sees that.

    You are a welsh on your promises and have no integrity.

    That is what Baron emailed me and said to me. I guess I'll PM him your comments and tell him you said he lied.

    You are now a hypocrite seeing you contacted Baron just recently about comments made. You just can't help yourself can you. Is is pathologic or what?
     
    #562     Jun 24, 2011
  3. You've never seen it because you are bright enough to test it.
     
    #563     Jun 24, 2011
  4. A card of condolences for Anna maybe.
     
    #564     Jun 24, 2011
  5. condolences?? No, it must be a mercy killing! :D
     
    #565     Jun 24, 2011
  6. You're right a sympathy card would be better.
     
    #566     Jun 24, 2011
  7. Wow, the Prof actually said something <i>nice</i> about Surf for once...
     
    #567     Jun 24, 2011

  8. The other point to consider is that what he's done with volume can also be done with price. I've done it and it's great for keeping me out of trades where price appears to be doing something, but actually isn't.
     
    #568     Jun 24, 2011

  9. Yeah, I think the guy actually does have a kind heart despite his blustery buckeye exterior and questionable comments about the Welsh.

    Have a great weekend, Rod!

    Surf
     
    #569     Jun 24, 2011
  10. bone

    bone

    I kinda maybe do the same thing by using and overlaying several timeframes, and of course I look for confirmation between timeframes. The timeframes are filtered according to the volatility metrics for the instrument of interest - in other words, I don't need all the planets to be in perfect alignment, just the ones that truly matter for the specific target instrument.

    I am a Nuclear Engineer by degree with several international patents regarding robotics and radiation shielding - point being, I can digest technical concepts. I have looked at volume from many different aspects, and I cannot find a lasting edge with it. I know Pete Steidelmeyer personally. I know the Market Delta guys here in Chicago.

    My conclusion is that the volume analyzers do not understand, nor do they appreciate, the infidelity inherent in their source material. In terms of liquidity takers leaving a tangible footprint in the marketplace, Market Delta is superior because they are taking their source material directly from a trading platform and they are segregating liquidity makers from liquidity takers via execution platform order servers.
     
    #570     Jun 24, 2011
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