Do TA is a bullshit ?

[Palindrome]

Sun Trader,
After 1727 Posts on Elite Trader, your telling me you don't understand how "The Broker" "The Sell Side Analyst" is a market force where their goal is to line their pockets through transactions?

I'm explaining Technical Analysis in it's purest form and the forces that influence direction of markets, period.

Your explaining some vague garbage called "Perceived Value" which is (Textbook Value) * (Average Ocean Temperature in June) = (Perceived Value)

Then you call me a Douche?

How about a Link from investopedia to enlighten us Sun Trader?

 

[SunTrader]

How about a Link from investopedia to enlighten us Sun Trader?

I don't invest, just trade.

Ya know EliteTrader

 

[Palindrome]

Well in that case buy Crude this morning at 65.18 Good for minimum 70 ticks.

 

[SunTrader]

Well in that case buy Crude this morning at 65.18 Good for minimum 70 ticks.

Thanks already got a quick few earlier but I mostly prefer trading with the intraday trend. Which presently obviously is down.

 

[maxinger]

ALL my trades are based on technical analysis, price action, chart pattern.

Different people trade differently. some uses indicators, fundamentals, astronomy, crystal balls ...So choose one that suits you and you are confident with it.

Seriously if you think TA is bullshit, do not use it because your result will be bullshit too.