If you want to fail as a trader, study TA

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Quote from ProfLogic:

In fairness, it's the OP's lack of distinction with regard to this definition on this thread that has been the primary source of all the unnecessary conflict & his foul mouth attitude hasn't helped much either.

ProfLogic, you have my deepest apologies if I offended you, and, if you would be so kind to forgive me, I promise to behave as best I can.

Maybe now we can have a real debate about TA?

Your fellow Trader,

TE
 
Quote from The Expert:

FA, never knock anything until you try it:D

Your enemy is your best friend:cool:

The one you like best is the worst, and the one you hate most is the best:eek:

Funny place this world, or, should I say "funny people":D

TE

TE, if someone gives me attitude, I'll give it back.
 
Quote from The Expert:


With that, the floor is open to anyone who is An Expert at TA, to put forward a brief overview of TA and how it is best presented to an ordinary person starting out trading.

TE

Velocity + Time = Money
 
Quote from Fibbin-Archie:

TE, if someone gives me attitude, I'll give it back.

FA, you must learn to forgive and forget.

For Example, you saw how ProfLogic and TE were at loggerheads, and now look, they are going to hold a useful debate about TA, and show how an ordinary Joe Soap trader can quickly get an overview of the main things that need to be known in order to use TA and start executing trades.

TE
 
Quote from rainman2:

Velocity + Time = Money

A bit too brief r2.

We need to show Joe the major components of TA, starting with the basics, moving along with the detail, and ending with the difficult sections.

It might be beneficial to use Outlining for clarity.

TE
 
Quote from The Expert:

TE will open The Debate, as follows.

Please read this as it will save me typing it out.

https://www.credit-suisse.com/legal/pb_research/technical_tutorial_en.pdf

TE

When you get to the end, please pick ONE of the following as being the most important to YOU.

The strong points of technical analysis are:
1. is governed by a system of rules and guidelines
2. provides objectiveness in the decision-making process
3. is fast to apply (once skills are learned)
4. is applicable across all time frames
5. is applicable to all markets
6. generally pre-empts fundamental data
7. has been proven in the market for over 200 years
8. is fun and can earn you money.
 
Quote from Fibbin-Archie:

Hmm yeah, volume is a good indicator in this regard, however, I've predominantly switched over to currencies that have no volume.

FA, if you apologize to BO, TE will upload a pdf that may be useful for currency trading. It was given to TE some years ago by a trader who asked TE to comment on it. It's usefulness will depend on the person that uses it.

TE might even leave the password out, but that is really killing TE and might just not be possible, but, if the password is in place, a EULC will of course be given:D

TE
 
Quote from rainman2:

Velocity + Time = Money

Everything else is just Fluff

r2, whilst you may well be CORRECT, the debate must be debatable, else it will not be a debate:confused:

How many know what Outlining means?

Not being smart, just asking in case some are not aware, and, it is helpful to be aware of what is being spoken about, for, too many go thru life without opening their mouths, and, then wonder why they get nowhere in life?

TE
 
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