Why TA does not work

Discussion in 'Technical Analysis' started by JMN459, Oct 9, 2012.

  1. Learn how your mind works.



    If anything its the spacing.






    your mind might be able to digest a prior thought while you are trying to find the next words to start to read again

    did you figure out on those charts where the losers made their exits???
     
    #201     Oct 19, 2012
  2. NoDoji

    NoDoji

    My charts and 20EMAs + my lazy gambling took me to profit paradise today.

    I know when these TA methods are profitable, it's just coincidence, but this lucky coincidence stuff keeps happening for some unknown reason. :confused:
     
    #202     Oct 19, 2012
  3. :D

    s
     
    #203     Oct 19, 2012
  4. ammo

    ammo

    your just lucky,dummies are known for it,dumb luck
     
    #204     Oct 19, 2012

  5. play nice in the sand box with the other kids.
     
    #205     Oct 19, 2012
  6. NoDoji

    NoDoji

    :p

    XXXOOO

    (shop, he's a crotchety old pro like you, whadda ya expect?)
     
    #206     Oct 19, 2012
  7. I didn't see too many surf price drivers calling a buy on Monday and issue a big warning for a red Friday a week in advance.

    Oh hang on, no surf went long on Google and SAN when I was saying it's approaching a time and price date for wicked shorts on Friday.

    Of course it's not TA, it's just luck again.

    And it's hindsight - hindsight a week in advance, isn't that what you call it Oily and surf?

    I wonder what next week will bring? Heehee :D
     
    #207     Oct 19, 2012
  8. JMN459

    JMN459

    This thread has been very informative. To the contributors, where is a good place to find the structure behind working setups? I am quite sure there must a structure behind what makes a good setup.
     
    #208     Oct 20, 2012
  9. Here you can see failed support levels and resistance that failed several times.
     
    #209     Oct 20, 2012
  10. contra

    contra


    actually, i see it worked like a charm to make money on this.
     
    #210     Oct 20, 2012