Seriously... You guys are retarded. All of you who's posted in here trying to prove some useless point = retarded. You're giving TA a bad name by posting things like this letting people with average intelligence looking at the followers as a bunch of monkeys. Think about it... replace term TA with any noun out there in the real world... "Stat. Arb doesn't work" "Systematic Trading doesn't work" "Discretionary Trading doesn't work" "Network doesn't work" "Computer doesn't work" "Scissors don't work" "Ladder doesn't work" "My iPod doesn't work" "Coffee doesn't work" "P*nis doesn't work" "Crack doesn't work" Retards.
Please don't make yourself out to be some kind of expert, you are a pathetic paper trading lackey of Jack Hershey.. you wouldn't know trading from shinola
The true quality of the title's argument is revealed by the number of 2008 poster's supporting it. They're either old shit stirrers or new dickheads. Perhaps I'm making a mistake by attempting to differentiate.
These posts and threads are typically written and started, by traders who have failed. --Indicators combined with price and prudent money management is the correct answer. ---------Thank you for your time.---------
Errr, that's a very odd definition of "theory". The rest of the world defines a scientific theory is something that can ONLY be supported or disproven, never proven. If something can't be disproven (i.e. is not "falsifiable") then it is not a theory.
Price action TA was here when Wall Street first started... Not traditional indicators TA (e.g. RSI). Therefore, one could state that indicators are the new way to market TA. It's also the typical route most charting program vendors market their software and data... You know, all those bells & whistles advertisements about what you get if you use their charting program. Mark
I already knew you were an idiot. But clearly you are not in the old shit stirrer category. Common practice at ET is to adopt a new nick every month or two and espouse opinions as stupid as yours - hence the old shit stirrers (in new clothes).