The Trouble With Scribbles

Discussion in 'Technical Analysis' started by Buy1Sell2, Mar 30, 2015.

  1. dbphoenix

    dbphoenix

    I see only one of the interested folks is hanging around, but I'll point out this little range between 2 and 6.
     
    #741     Apr 20, 2015
    Marvin Zark likes this.
  2. k p

    k p

    Wow... a post to point out a range after its already on the chart.. incredible! Let me guess... go long above 6 and short below 2?
     
    #742     Apr 20, 2015
  3. toucan

    toucan


    actually, i find amt and what you put on your charts very interesting... I don't need to study what you wrote as I am a different trader than you... I find that sla is too lagging and too subjective, but thats just me and the way that i trade.

    and I wouldn't have continued posting, but you needed to respond to my reply to K P. and then i posted again, and then you... and so on
     
    #743     Apr 20, 2015
  4. dbphoenix

    dbphoenix

    And we fail to make a higher high, so price trades sideways between 1 and 7. The break, therefore, does not lead to disaster but to a different behavior.
     
    #744     Apr 20, 2015
  5. samuel11

    samuel11

    It looks like “the SLA/AMT has made over 160” is conveniently calculated AFTER the facts, since DB admitted he did not make 160 himself.
     
    #745     Apr 20, 2015
  6. dbphoenix

    dbphoenix

    Tough to do it before the fact.
     
    #746     Apr 20, 2015
  7. k p

    k p

    Deep down inside he wants to respond to me... this is why he even calls me a troll and says I'm filling up the thread. But to respond to me directly, this would actually eat him up inside. So instead, he does this in a round about way, much like all his answers... all round about.

    I still don't have a problem with you Db. I still think you're great, and I still think you're smart, and I still think you're a market wizard. But without any demonstration of how one does this in real time, even better, what you're doing with this in real, all we can conclude is that you're an expert hindsight chartist. And that don't pay my bills.
     
    #747     Apr 20, 2015
  8. samuel11

    samuel11

    Haha I recognize the alleged snake salesman here.

    Your “SLA/AMT” did not make 160 pts as you claimed, otherwise I am sure you would not have said that you did not on post 727.
     
    #748     Apr 20, 2015
  9. I made a mess of things today, but just to make sure i'm not completely off-track, how does this look?
     
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    #749     Apr 20, 2015
    Marvin Zark likes this.
  10. dbphoenix

    dbphoenix

    Not sure what you're going for here but if one knows the rules, and I've posted them umpteen times, all he has to do is apply them to any chart and determine the gross yield. The approach is not responsible for any individual trader's failure to take the trade. For that you need an automated system.
     
    #750     Apr 20, 2015