Technical analysis :useless junk science

Discussion in 'Technical Analysis' started by oilfxpro, Sep 1, 2012.

  1. We own the largest data base of completed trades ever compiled. The studies were exhaustive and based on the data.

    surf
     
    #261     Sep 16, 2012
  2. Keep digging then...

     
    #262     Sep 16, 2012
  3.  
    #263     Sep 16, 2012
  4. Think about it for a moment: if your TA knowledge is based on the failure of Gann Astrology so you give up on TA and then ya jump into EA world without learning real TA, then the idea of up and down days makes sense because you assume all up days or down days are of equal importance and the key factor is how many days up or down.

    Unfortunately in the real world that is not TA, it's EA. Amateurs mistake one for the other. The difference is you can click the mouse for up and down day studies and think you are doing a valid TA investigation while a TA would scratch his head and wonder how he could make use of that information to support proper TA.

    It may help to reduce the field to a warm list, but my goodness, it's only a rough start point.

    Extensive studies! Sure Oily thinks he has done 9 yrs of extensive studies and when it gets down to the details of just one study on a Falling Knife set up he starts to freak out saying he uses TA and 44 studies.

    Come on FxGuruMasterProfessional (all titles Oily has given to himself), let's see the actual inputs for this backtest and results you said you were going to show me.

    I'm so excited to learn that I can hardly contain myself.
     
    #264     Sep 16, 2012
  5. cornix

    cornix

    Oh really? What was that since 2009 until now in the stock market? Sideways move maybe? :)
     
    #265     Sep 17, 2012
  6. cornix

    cornix

    What makes you think those 44 signals were any good?
     
    #266     Sep 17, 2012
  7. cornix

    cornix

    If you know how's it's done, why aren't you still profitable? :)
     
    #267     Sep 17, 2012
  8. cornix

    cornix

    They can prove TA works. You only can prove YOU can't make it work for YOU. :)
     
    #268     Sep 17, 2012
  9. They can only prove in hindsight with waffle , t/a using past information can not predict future.
     
    #269     Sep 17, 2012
  10. cornix

    cornix

    You are lying again. You know I showed many trades proven to be real-time and I trade using mainly T/A.

    I have also personally witnessed Xspurt calling hundreds if not thousands of trades in real-time, if my word is worth something based on what I do myself, I say he does it, I have seen it. As well as have seen NoDoji calling real-time trades too, as real-time as Skype sound chat can be real-time.
     
    #270     Sep 17, 2012