Why does TA not work (for you)?

Discussion in 'Technical Analysis' started by Xspurt, Aug 4, 2012.

  1. If you take a data set and quantify it, that is TA surf. More detailed to be sure but no different than seeing volume increasing and a stoch breaking above fifty.

    Whether you realize it or not, you are technically analyzing something.
     
    #1011     Aug 13, 2012
  2. Yup, Surf is using TECHNICAL ANALYSIS but is ashamed to admit it :D

     
    #1012     Aug 13, 2012
  3. Fah Q

    Fah Q

    only 2 are price driver trades. out of 3 trades, he's already broken his rules once. not a good sign
     
    #1013     Aug 13, 2012
  4. look oracle DB admin man.. i'm not saying TA doesn't work.. and i know you weren't even directing that to me.. but i randomly wanna take a stance and i flipped a coin and it landed on you.. haha its not that TA doesn't work.. its that if you don't have a comprehensive trading strategy.. (IE double triple confirmation.. trade size/position size management.. money management.. and as well just generally be familiar with your instrument and its influencing factors.)
    thats like saying AA doesn't work after going to one meeting and never getting a sponsor.. haha get a fucking sponsor buddy TA works..
     
    #1014     Aug 13, 2012
  5. someone of you guys pick my ideology apart i'm feeling masochistic ! haha
     
    #1015     Aug 13, 2012
  6. Funny! You know what I base my trades on? What else do you know? surf:confused:
     
    #1016     Aug 13, 2012
  7. You said so yourself:

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=247038&perpage=6&pagenumber=9


    "Yeah, I hear you. It wasn`t a true special situation in the traditional sense of the term.

    thanks,
    surf"

    One can only surmise that you didn't follow your price driver rules as you know them to be and did some other type of trading instead.



     
    #1017     Aug 13, 2012
  8. you are perfectly correct.

    I did the annotations for an advanced beginner level. I was just on paint so I decided to not use, as you say the "building blocks" to assure perfect accuracy.

    If you look at today's chart with all the bells and whistles, there was a narow Summer range and you have the pay attention and categorize each and every bar.

    the notation system for doing this is quite explicit and make it very easy to not make mistakes. those who are not versed in the 9 categories of a volume bar (besides the "wait" category) can not even build the interlaocking of adjacent fractals.

    I do not remember seeing volume on the chart. I think, here, the discussion leaves out half the streaming variables and all of the book variables.
     
    #1018     Aug 13, 2012
  9. I agree.

    The myth that edges are exploited and not longer work is just a myth that is beleived by those who need to believe it.
     
    #1019     Aug 13, 2012
  10. dude.. fractals.. now your talking my speed.. where is that indicator.... what platform are you using and wheres the freaking fractals indictor.. i want one of those.. thank you.. if its gonna jump you can vaguely predict how far with factals.. etc.. etc.. ... post example factal TA thanks.. MR. Rocket scientiist Hershey hiwayer..
     
    #1020     Aug 13, 2012