technical analysis quote from Top Trader book

Discussion in 'Trading' started by TradeBlazer, May 12, 2024.

  1. That was the funnies thing that I have ever heard, trading based on imaginary lines with funny assumptions cannot be anything! let apart everything
     
    #91     May 13, 2024
    p0box4 likes this.
  2. You're missing the point entirely. It doesn't matter what happens tomorrow. The earnings report will just be a blip in the chart. It's not like the company fundamentally changes in 3 months. Earnings reports are just manipulated garbage.

    Therefore tomorrows price doesn't interest me in the least...I have already mapped out the next 3-6 months. That's what I would be trading towards.
     
    #92     May 13, 2024
  3. p0box4

    p0box4

    No, you are missing the point. You said it was possible to predict these things very easily from the chart alone, yet you keep bullshitting around.
     
    #93     May 13, 2024
  4. Is that spot gold?
     
    #94     May 13, 2024
  5. p0box4

    p0box4

    Since you depend 100% on TA and Elliot wave it doesn't matter what it is, you can apply it to everything.
     
    #95     May 13, 2024
  6. Yeah give me the symbol so I can chart it.
     
    #96     May 13, 2024
  7. p0box4

    p0box4

    You have a screenshot of the chart, should be enough.
     
    #97     May 13, 2024
  8. I'm not just going to eyeball it. I have to look at multiple time frames.
     
    #98     May 13, 2024
  9. p0box4

    p0box4

    Which ones do you need? I'll post them.
     
    #99     May 13, 2024
  10. p0box4

    p0box4

    Here is a monthly chart:

    [​IMG]

    And a weekly chart:

    [​IMG]

    And a 4 hour chart:

    [​IMG]

    Can't imagine you need lower timeframes to do predictions 6-12 months out?
     
    #100     May 13, 2024