Why does TA not work (for you)?

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

  1. contra

    contra

    I agree that may be the last thing they look at but I think they have effect in where they execute the orders, so that is good enough for me to keep an eye on.
     
    #521     Aug 8, 2012

  2. There is always someone new making crazy claims--- but you are right 99% of the new claims boil down to same old stuff
     
    #522     Aug 8, 2012
  3. Why? They can make the book. No need to look at the past when you design the future.
     
    #523     Aug 8, 2012
  4. contra

    contra

    liquidity, and thats even in the FX market.
     
    #524     Aug 8, 2012

  5. They call their friends in other firms to discover when liquidity is arriving. Past liquidity that you see is too late.
     
    #525     Aug 8, 2012
  6. contra

    contra

    come on man, the friends they compete with?

    surf I am not going to argue let's just agree to disagree on that then. I know this as pretty much fact that they keep there eye on TA. maybe not all of them but enough to make it matter.
     
    #526     Aug 8, 2012

  7. You would be surprised.....charts are for noise traders. Informed traders use info arbitrage and structural edges.
     
    #527     Aug 8, 2012
  8. I never said that 99% boil down to the same old stuff. In fact, I implied the opposite.


     
    #528     Aug 8, 2012
  9. 7 years away from daytrading and you're still an expert, LOL

     
    #529     Aug 8, 2012
  10. contra

    contra

    there is a structural edge there in a way. Noise trading to me is people on 1min/5min charts.
     
    #530     Aug 8, 2012