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hi SimpleMeLike, i doesn't bother me if you are profitable or not. i appreciate and respect every opinion, that is based on sound logic. i did not want to comment your comments for my recent post, so i will explain briefly what i think of your thoughts. 1. at the end of the day, we respect...

how come that 100 guys looking at the one same chart come to 100 different conclusions? one will see a head and shoulders pattern and go long, the other will see broken support becomes resistance and go short. the other 98 will see MA crossovers, RSI/MACD divergence, intermarket spread widening...

let me put it that way: there is a group of TA/PA traders that are religiously fanatical. i do not think that there is any edge in TA/PA. TAnalysts are hindsight traders, they interpret price action / price moves after the move happens! like: that 5 min bar was a bullish candle with its range 4...

i am happy for you that you make money with TA/PA. if you think extrapolation of historical data in some sort leads to decisions that longterm can generate income for you, fine. i am not arguing about anything. fact is, technical analysis is used mainly by the retail crowd because they don't...

once again, the main question is: does TA/PA have any predictable power? you may think that price history shows bull/bear/sideways markets, which is true, because in a bull market price rises, in a bear market price falls and in a sideways market price consolidates. price data is just what it...

look, TA/PA is subjective not objective. you can give 100 technical analysts the same 1 chart, and all fuckers will draw 100 different things on this 1 chart. after new information is available on the hard right edge, most of them will lose money. some make money, and then those that lost money...

it doesn't matter if certain patterns emerge from price moves. some people will see pictures/patterns by looking to the clouds in the sky. there are tons of studies where scientist show traders various charts and those traders can not distinguis between the real chart and fake chart. you can see...

quick update: i am currently analyzing the Emini S&P futures. i watched the markets last week, but didn't enter any trade. i also analyzed my previous trades, the reasons i entered and the exits. i realized that i was too focused on smaller timeframes, and neglected the higher timeframes...

there is a guy here around that tries to understand Al Brooks Christ for 13 years now. maybe, one should analyze his trades, and do right the opposite. i think that could be an edge to exploit.

i don't want to discredit anybody, i don't give a fuck who sells what. but i give a fuck if somebody is selling dreams! this retard Al Brooks is promoting BS. there is no nature in "price discovery". where was price discovery on the day of the flash crash? where is price discovery when there...

thats a very subjective point of view i guess. i will never understand why retail traders use technical analysis whereas academic research shows over and over that it is not reliable. of yourse you can catch good moves eventually in a bull market and contribute it to TA, but reality is, TA...

here is a review from tradingschools: https://www.tradingschools.org/reviews/al-brooks-trading/ this is the shit he says in his trading room: “Final flag, final flag, definitely final flag probably entering trading range with close support at possible entry point for aggresive buyers and...

yeah, i should expect that answer from a spread trader xD

Al brooks is like the head of a conservative, private church. You dont ask, you just follow. And he wrote those really complex books, that even he does not understand. And those are their bibles.

Lol thats the one gazilion million billion dollar question, How the fuck do you know who is doing what at what time? In globex session ES and EU50 move in tandem, Most of the time in cash session ES moves in relation to NQ and RTY and YM, based on the underlyings. Do you think that there is an...

yeah, when Simons started looking at data in the 80's i guess, mean reversion in currencies was a good way of making money. Price action can mean different things to different people, thats true. but i think all will take some sort of price-time-volume relationship as an input to some kind of...

i think charts / price action / technical analysis shows shit. no prediction power at all. in hindsight everything looks crystal clear. you can make one thousand different predictions and future projections based on what you currently see, eventually one scenario will work just fine. PA/TA is so...

hi all, price moves because buyers and sellers interact with each other, continuously. for price moves, it is irrelevant why market participants trade (i mean trade intension here), one side can be a short term scalper, daytrader, or a hedger, the other side can be a longterm investor. they...

so the last two days have been quite strange in terms of intermarket correlations. while NQ dragged ES higher, YM and RTY were moving south. those diverging moves are quite rare and if they happen, quite confusing. i did watch the markets and didn't take any trades so far. i am also working on...

@Thor @Overnight guys, come on. act like grown ups. if you still want to argue about that do it via PM, please.