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That would make a lively thread, wouldn't it?!! A 'What's your definition of TA?' thread..

I was only referring to the 'can be automated' part. If it could be automated to where it's worth a dime, you would think someone would have done it by now, as the rules for drawing a trend line are quite simple. Doesn't look as though the computer can do consistently what it's told to do in the...

I've yet to see software that can draw trend lines correctly. Really hit and miss, and with few hits. Makes me feel good that I can do something better than a machine.

They say it doesn't work because it doesn't for those who mastered it in 3 days and 2 nights. And, of course, they would never blame themselves.

Too many would be traders master TA in 3 days and 2 nights from a comic book.

>NoDoji Just saw that previously someone did start a 'Losing trades' thread. It had little interest and died. So it looks as though my idea wasn't so hot. Very sorry for having taken up your time with this.

I'll bet they'd like to. But the BOJ can buy ETF's only. Not individual shares.

Not to discourage you, but thought you might find it interesting to know that candlestick analysis is barely used in Japan any longer. Charts in Japan are still printed using candlesticks but if you go to a bookstore in Japan, it's almost impossible to find a book on candlestick analysis on the...

I'm glad at least to hear that you feel such a thread would be useful. As you say, an overall change in market sentiment, a fire at the factory, or the death of the CEO's dog may result in a loss, rather than just the misreading of the chart. And I know that the help you have provided to so many...

While what you said is 100% true, if the three stages in trading are analysis, discipline and execution, I would say that the losses which you spoke of occur in the discipline stage. Helping a trader with TA is one thing, but discipline is the rough one, being that you can lead a trader to a set...

Just as you say, a reversal pattern must have something to reverse and a continuation pattern must be preceded by an initial move, which places these patterns in context and provides the positive expectancy you mentioned.Yet the eagerness to make profits creates a false positive expectancy for...

Japan's post office is the largest bank in the country. And it's going to be listed on the exchange. 8:17 pm, October 19, 2015 BloombergTOKYO (Bloomberg) — Shares in Japan Post Holdings Co.’s banking and insurance units were priced at the top of marketed ranges as part of a three-pronged...

Sorry, I read into what you said as though you didn't use the common patterns. Ok, I see what you meant, being that you confirm the validity of the pattern by its stage in the overall trend and the PA within the pattern itself and its breakout. Same here. Wouldn't you agree that the failure...

Hi, By 'in isolation' do you mean without other indications confirming the pattern?

Excellent!! So now TA can be discussed politely by those for which TA makes cents!!

More nice quotes by guess who in this thread alone: ---------------------------------------------------------------------- Are you really that stupid? Are you people in this thread really THAT STUPID? That guy (rohan) is talking out of his arse. ....your BS analysis which you most often get...

Is that a recommendation to me or to the OP?

Is trading Futures gambling? My definition of gambling may differ from that found in the dictionary. I see gambling as that based on gut feeling, tips, guessing, advice, and the like. And then again you can trade based on the proven fact that under a given set of circumstances you know what the...

You and the others who keep replying to him should form a 'Don't reply to volpunter' club. In 3 days he'll be climbing the walls!! And then you guys can go on with a peaceful discussion.

TS will be available soon where I am. If you have a second, would you please list what you consider to be its shortcomings. Thanking you in advance.