they use to say charts are useless, there's a chart on every ship at the bottom of the ocean,it's a one sided argument,irresponsible to attempt to support an argument when you ignore the facts that don't support your point,you can trade with charts and win,or lose, you can trade without charts and win or lose, there are a lot more variables than two
Even these set ups fail , so why bother?Why not just buy when prices are rising or sell when falling?
Good luck with "trading" like that. But... Do you understand that buying when prices are rising and selling when prices are falling is.... yes, Gump, you're a genius! That's TA! Very primitive TA, but nevertheless. Or are you lost in the corridors of your own mind completely and hopelessly?
I can give you a list of every known t/a set for free from the internet , let us end your delusion ...that you have something. When prices are rising , there is more demand .......................and when falling less demand.Add in confusion and delusion with t/a and lose all your money.
What makes you think that if setups don't work for YOU, the problem is the setups and not YOU? I use very common setups successfully, I make consistent profits every month, having no problems with TA "not working" at all... How do you think why is that?
2 dumb blonds make more pips than you every week , by as much as 400 % more ,without using set ups .They follow simple hedging rules . Does that give any value to t/a?
Would be cool if: 1) Those blondes weren't only your erotic fantasy. 2) That "hedging" crap would be something more than primitive averaging down, which works and makes tons of pips... until it doesn't anymore and we have another epic blow up. I on the other side, make consistent 10+ times more every month than I risk per trade and am very happy with it. Because it's real business, real profit, real risk management with low drawdowns etc. And you are free to either keep dreaming or get real finally...
The blondes are risking no more than you, and they are more consistent , more profitable than you ........................and they makes pips from both sides of the market with their hedged trades......that makes them smarter and more intelligent about probabilities.