What is Technical Analysis? Why does it work?

Discussion in 'Technical Analysis' started by iamnewuser911, Mar 26, 2016.

  1. Are sure these are not bad ticks?
    Anyway, I can show you current charts of liquid assets which looks like pre-hft charts. Hell, Brooks himself teaches with current charts (paid course).
     
    #31     Mar 26, 2016
  2. WildBill

    WildBill

    Keeping the spirit of Don Quixote alive. Seriously, find another windmill to tilt at.
     
    #32     Mar 26, 2016
    cvds16 likes this.
  3. Simples

    Simples

    Why 50%? How can you assume anything without a defined trading plan with risk management? Please give a rationale if you have any.
     
    #33     Mar 26, 2016
  4. Simples

    Simples

    There are those of us who do listen and study. Havent reached 10k hours yet it seems but getting there. Its been educational, in a different ways than school, work, anything. Its good to hear from someone who have walked the path.
     
    #34     Mar 26, 2016
  5. cvds16

    cvds16

    There are loads of technical analysis ... my personal brand is multi timeframe cyclical analysis ...
    gold should a good buy @ 1202.50 going to 1307 usd, let Surf know I predicted this beforehand :D
     
    #35     Mar 26, 2016
  6. cvds16

    cvds16

    It took me 10 years to get it ...
     
    #36     Mar 26, 2016
  7. vicirek

    vicirek

    ema, macd, etc. are not statistical instruments but rather derive from signal processing. However, one can hardly hear that statisticians or signal processing engineers become millionaires by applying their knowledge to the markets.
     
    #37     Mar 26, 2016
  8. Mysteron

    Mysteron

    No, it is your own personal HUD used to guide your thinking and actions.

    Desafio-Dogfight-1.png
     
    #38     Mar 26, 2016
  9. yeah, it works 50% of the time...
     
    #39     Mar 26, 2016
  10. cvds16

    cvds16

    the bots justs made the game more refined but in essence nothing has changed, it's still all about price action = the measuring of supply and demand ...
     
    #40     Mar 27, 2016
    WildBill likes this.