But the problem is that you think you never mess up. It's always the other person who is wrong and messes up.
Do large banks and institutions use TA to profit?
- Thread starter londonkid
- Start date
Your "analysis" amounts to "I don't have any position now, but maybe I'll go long or short in the future, then write about it in hindsight."
Great!
Well, you already disqualified yourself with 3 errors/omissions/typos and an inconsistent approach that you nowhere documented. At least I took you serious to see whether you were up to something but you do not seem trustworthy. Just another TA myth.
I apologized several times for errors or mistakes. But please point out where I have been demonstrably wrong and failed to admit such.
One omission. But carry on.
I'm sorry that is what you gleaned from the in-depth analysis. Thank you for your time--Izzy
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ROMIK ALERT!!! TECHNICAL ANALYSIS SUGGESTS THAT CORRECTION ISN'T OVER, THE OPPOSITE IN FACT, THIS IS ABOUT TO ACCELERATE TO THE DOWNSIDE AFTER IT FALLS THROUGH 20MMA. AND HERE IS WHY I THINK SO:
I TRACK MACD HISTOGRAM, 1 BAR HISTOGRAM IS A HUGE SIGN OF EITHER WEAKNESS OR STRENGTH (DEPENDING ON IT'S POSITIONING). WE ALL KNOW THAT JAPANESE YEN IS A SAFETY CURRENCY, LOOK WHAT HAPPENED TO THE BRITISH POUND IN 2008, MY ANALYSIS SUGGESTS THE SAME IS JUST AROUND THE CORNER. LOOK AT THIS CHART
I TRACK MACD HISTOGRAM, 1 BAR HISTOGRAM IS A HUGE SIGN OF EITHER WEAKNESS OR STRENGTH (DEPENDING ON IT'S POSITIONING). WE ALL KNOW THAT JAPANESE YEN IS A SAFETY CURRENCY, LOOK WHAT HAPPENED TO THE BRITISH POUND IN 2008, MY ANALYSIS SUGGESTS THE SAME IS JUST AROUND THE CORNER. LOOK AT THIS CHART
Let's see whether an indicator that is tracking price action will be able to forecast future direction of GBP vs YEN. My conspiracy theory on 1 bar histogram is simple - trading entities' technical research teams scan for this to occur and take action. Of course they don't solely rely on technicals, I do not suggest that at all.
