Does Technical Analysis Work?
- Thread starter ironchef
- Start date
Your post is probably *very* meaningful to you.
But to the rest of us, we're kinda,.... "So?"
Posting what you would use as entrys and exits of the RSI would be much more meaningful.
If they exist.
Not to put you on the spot or anything....
But to the rest of us huh?.
But to the rest of us, we're kinda,.... "So?"
Party like its 1929.
Get creative and you too can smash the returns of any generic crapola . This is a regime filter and it AINT in your generic drop down menu . This is the point im making , if you use what everyone else uses can you expect returns in the top decile ? Have i been fighting the trend in last 2 weeks , shit no , have i had a week that most can only dream of . shit yeah . Is there more to my system , you bet and none of it is in your drop down menu of trash
Divergence is just an indicator/filter that doesnt work . divergence isnt binary , its confusion , never forget that ...
Yeah i know this wont be popular but it is a fact , most need to unlearn what they have learnt on TA ... its false hope
Yeah i know this wont be popular but it is a fact , most need to unlearn what they have learnt on TA ... its false hope
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If there is confusion, at times it is helpful to add more and finer distinctions;
convergence
increasing convergence
peaking convergence
decreasing convergence
cross-over
entwined
divergence
increasing divergence
peaking divergence
decreasing divergence
depending on perspective, there is overlap
ie. increasing convergence is also decreasing divergence
After understanding the mechanics of indicators, their pros and cons and inherent limitations, Price and Volume are the basics to build upon.
FALSE
I have the same experience. Tried it along time but never had good results. Found something different and better.