Technical Analysis = CRAP

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

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  1. Lucrum

    Lucrum

    Me too, only I'm waiting for your screen shots.
     
    #961     Jul 11, 2011

  2. What do my screenshots have to do with objective TA working or not? My calls have been posted for the last 9 years on this site before the fact--- they are here for all to see-- what you do with them is up to you.

    Where are the before the fact calls of the objective TA crew. One guy on this thread is bragging about 3 correct calls but all I see are pretty charts and after the fact observations.
     
    #962     Jul 11, 2011
  3. Lucrum

    Lucrum

    It would help verify you're actually trading instead of just making "calls" There is no shortage of wannabe's making "calls" on ET. tradingjournals and coooolweb just to name a couple
    I think you're seeing what you want to see.
     
    #963     Jul 11, 2011
  4. but logic_man posted the following yesterday, ahead of time when the ES was about 20 points higher, i think:

    Does that not count or did you miss his post?

    cheers

    PS - Im not on anyone's side. I am NOT a profitable trader. I've been trying for about 6 years to make TA work though!
     
    #964     Jul 11, 2011
  5. ammo

    ammo

    been posting charts ,tl supp/res and market profile tagrets for 2 yrs,using it for 30,there are other ways to trade but tech analysis is an obvious way to read the market and pull out a few scenarios to trade with, trading a discretionary,non programmable method has been the norm for 70- 80 years,computer programs in the last 15-20 yrs have their limitations , the system stops working and you have to start over,not so with discretionary,if you don;t believe it don't use it,but having never had any luck with it,when so many others have,and using that as your basis for saying it's crap leaves the finger pointing directly at you,just admit that your technically challenged and try something else or better yet,put up something that works better,or get off your soapbox
     
    #965     Jul 11, 2011
  6. No question, that was one good Guess so far Kudos to him. But several months of accurate calls, like I have demonstrated in the past, should be no problem for the TA crowd.

    Read altucher book trade like hedge fund and winner take all by Gallacher. You are on the wrong road with TA.
     
    #966     Jul 11, 2011
  7. Lucrum

    Lucrum

    Ouch! That's gonna leave a mark. :)
     
    #967     Jul 11, 2011
  8. The Beta was released. You were offered the Beta and chose not to test it. Not comfortable with computers I guess.
    You were told the full release would be this September.
    Alzheimer's kicking in again?
    Why not comment of Resenberg's track record or the live calls you are ignoring?
     
    #968     Jul 11, 2011

  9. I can't and dont argue with subjective discretionary TA. My beef is with the fixed objective system TA vendor types that haunt elite who have made undocumented and outrageous claims in the past.
     
    #969     Jul 11, 2011
  10. Is it 3 correct calls or after the fact observations?
    You are beginning to stutter.
    There have been more than 3 calls you just ignore them. Many TA traders make live calls all of the time in this forum, You ignore them as well.
     
    #970     Jul 11, 2011
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