Mini crash could have been known beforehand

SunTrader said:
Looks good to me. Might drop a little more before possible reversal to upside. I like 5-34-5 Oscillator (on bottom) to go negative first although there are exception to that requirement.

If it does I believe it will be a wave c of ABC correction of larger timeframe move.

Note my chart is a 60minute. Also 38.2% retracement of down move that completed lower wave a (up) was dead on @ 1921.36 (0.06 diff).
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by the looks of it on your chart i think the first wave up would be definitely a wave . cause it looks a bit phony as well.
 
Buy1Sell2 said:
This is, of course, false----the OPs garbage hindsight notwithstanding.
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I am happy to be proven wrong if you show me an example of some kind of technical analysis that will predict the future. We can do a little test, we'll follow any of your recommendations and we'll see if what the analysis says will happen or not. What do you think, is that something that you will be interested in?
 
angrytrader said:
I am happy to be proven wrong if you show me an example of some kind of technical analysis that will predict the future. We can do a little test, we'll follow any of your recommendations and we'll see if what the analysis says will happen or not. What do you think, is that something that you will be interested in?
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I've already shown this with real time trades. It's fine if you want to believe that technical analysis doesn't work. I just know that it does.
 
Buy1Sell2 said:
I've already shown this with real time trades. It's fine if you want to believe that technical analysis doesn't work. I just know that it does.
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This is the usual response I get and I never got anything valuable from anyone that made m e change my mind, I will go through your posts then and will try to understand your live trades as you say. I really want to believe that TA works but still haven't seen anything that proves it.
 
angrytrader said:
This is the usual response I get and I never got anything valuable from anyone that made m e change my mind, I will go through your posts then and will try to understand your live trades as you say. I really want to believe that TA works but still haven't seen anything that proves it.
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Final Tally of ES-Journal 2019/2020

90 wins 70 losses 56.25%
Total gain 3732.25 points.
 
! Dbl Fib.png
How's this for TA working. Gold, which is what this topic is about, 60 minute chart fib 38.2% retracement from 1 down to 2 back up to 3, and 100% fib extension from a to b to c both landing so close to swing high there is hardly any daylight between them 1921.36 / 1921.50 and price itself 1921.30:-
 
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