Haha! yeah I didn't look at the timeframe :eek: , looking at the chart now I'd still say short at 2026s, market looks likes it's just at previous support point where the chart seems to have spiked up from. I'd need to see it on a ladder to really see what's going on but I imagine there are a few traders defending that level. Last time it was there there were multiple attempts to break it - those guys are probably still lurking around.
Naysayers do not reveal the details of their trade method...TA believers are not obligated to do the same. Naysayers do not post broker statements with their real-time calls. Some TA believers post real-time calls but no statements while others post statements but not real-time calls. Yet, nobody post statements, real-time calls and the details of their trade method all in the same thread...that includes the naysayers and the TA believers...its not done. Simply, the naysayers obviously believe they aren't obligated to do the above and the TA believers believe the same although the TA believers easily out pace the naysayers for posting statements or real-time calls. Most of the naysayers use chart analysis, statistical analysis of data but not technical analysis. Yet, they do not believe chart analysis or statistical analysis falls under technical analysis.Therefore, there's an obvious difference of opinion what is Technical Analysis and what is Chart Analysis and what is Statistical Analysis...a few heavily debated threads on this issue alone.
TRADERS TRADERS TRAAAAAAADERS. BUHAAAAAA. now anyone with Ninja, Multicharts and a 2.5k account can call himself a trader? Ridiculous. Some would call such person a "life career looser".
Lol, ever thought of the possibility that he is just knocking on the door and it could be the TA crowd's fault not to open. Why nobody among the TA proponents can shut up a loudmouth with a single proof or evidence, empirical or factual to make a point once and for all. Ever thought of that?
I bet him, any amount he desired, that my TA would beat his PD signal regarding the Dow this year, he chose to only bet $500.00. He will lose that bet, that would be direct evidence of success.
This perfectly reflects the lack of rigor, artistic mumbo jumbo, and Alice in Wonderland thought process I attach to TA. So let me ask you then an even simpler question: why does today the 50 day SMA matter, tomorrow the 24 day EMA and the day after the 55 day WMA? Certainly there must be a reason for that... other than hindsight curve fitting right?
...Maybe because people who make bold claims are asked to back up their claims with evidence? At least that's how it works in my corner of the earth.
Yes, I have thought of that, and it is a huge gaping hole that I would love to see filled. But I also know that there is no benefit to the trader who shares all, so sometimes we just have to be happy with whatever is shared, and see if we can somehow piece it together. I've been noticing your posts lately are quite vulgar and you have attacked many people, and yet, you don't show anything about your trading, so whatever you're doing is just as hollow as what you claim of the PA/TA crowd. If you're willing to show more than they are, I might have some respect for you, but unfortunately, all you're doing lately is "kicking and screaming" with zero substance.
Just BS talk, I don't work for anyone except my family. However, if you ever want to bet against me, we can arrange it somehow, I don't fuck around, not when it comes to trading.