Technical analysis :useless junk science

As growing the amoubnt of fel in his liver...What a tragedy!

 

plenty of them on mf wall street.Big ones hang out there and little ones all over the place , in forex at baby pips.

 

Why are you messing with such a dirty business full of scammers then?

 

The banter with xpert sharks is entertaining.It is just a game with forex sharks , otherwise life would be boring.

 

So you don't make a living by trading, that's just a hobby for you along with discussing it?

 

Who wants to work for a living?more entertainment ....Just gamble all day .....and play cards or casino and read b/s from fx sharks and pretenders.

How much difference is there between traders and cuckoos?98 ^% lose and have fun.

One flew over the cuckoo's nest - Trailer - HQ

http://www.youtube.com/watch?v=2WSyJgydTsA

 

I didn't say "work", I said "make"... So do you make a living by trading or not?

 

you can win the t/a argument , so u get personal.

 

If TA doesn't work, doesn't it also follow that intuition does not work? All that's left is fundamentals? How would explain successful traders that don't use fundamentals or classic TA?

Don't know the answers, hell I don't know the answer to most things, most of time in life i'm just guessing.
I'm trying to develop my own style.

 

coming from an academic background, i totally understood why academic research failed to find TA rule that works.

TA works in a context. 80-90% of time FA does not work. however there are those 10-20% of time traders have an edge based on TA. if you pool all data you will probably find nothing. TA helps to read/identify any trace left by big players, probably based on FA or macro economic analysis.

FA has to work through price and volume to kick in. in short-term TA is sufficient statistics for market's next move.