neither TA not FA?

[ivanbaj]

Quote from spindr0:

I think that's a very slopey line

What is a trend line? I think it is in a form of p(t) = a + b(t)

That is not going to work.

 

[bone]

Highly correlated instruments. There is no 'holy grail', of course, but making trading decisions based upon the behavior of highly correlated instruments is a very powerful and woefully under-utilized technique.

And the best ones have never been mentioned here on ET.

Ever.

 

[Maverickz]

Quote from Pizzaboy:

The herd has nothing to do with it. It's the most money that controls direction. This most money can be one person. Therefore, TA makes no sense as you can't predict the whims of whomever controls the most money in the trade at any given time. Sorry, but this is fact. 1000 traders with 500 each, one trader with one million-- one million trader decides to go long with all his capital, 500 dollar traders all go short as a herd. The market goes up regardless of what the herd does. Right? If so, I have just proven TA to be nonsense.

I have already answered this question:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=210707&perpage=5&pagenumber=16

 

[ElectricSavant]

Is statistical trading from a spreadsheet considered TA? honest question.

Es

Quote from ProfLogic:

I really can't think of anything else.
You are either making decisions from the "raw data" exclusively, raw data as it is shown on a chart (TA) or raw data as it is analyzed fundamentally.

Nice nic by the way.

 

[ProfLogic]

Quote from ElectricSavant:

Is statistical trading from a spreadsheet considered TA? honest question.

Es

Interesting question and on the surface I would say yes because of the use of statistical data.
I wouldn't want to trade using it though.

 

[Maverickz]

Quote from ElectricSavant:

Is statistical trading from a spreadsheet considered TA? honest question.

Es

I say the use any data created by the act of trading (such as price or volume history) regardless of how the data is manipulated (statistics, probabilities, indicators, supply/demand levels, pivot points, spreadsheets, etc.) would be considered technical analysis.

Any use of data not created by the act of trading would be considered fundamental analysis. This would include things such as news, rumors, politics, legislation, litigation, world events and weather.

 

[chowhound888]

Quote from bone:

Highly correlated instruments. There is no 'holy grail', of course, but making trading decisions based upon the behavior of highly correlated instruments is a very powerful and woefully under-utilized technique.

And the best ones have never been mentioned here on ET.

Ever.

This, along with both FA and TA - why not use everything at your disposal?

And agreed, the best setups I've yet to see here on this site.

 

[Maverickz]

Quote from ProfLogic:

Interesting question and on the surface I would say yes because of the use of statistical data.
I wouldn't want to trade using it though.

Actually I know of a guy that successfully trades the EUR/USD using manually calculated pivot points in an Excel spreadsheet. His name is Steve Beaumont and he is a contributing author over at fxstreet.com

http://www.fxstreet.com/search/cont....aspx?id=965b2484-f26c-4dd1-92c1-cf95d3b12e94

 

[i_c_fed_people]

Quote from ElectricSavant:

Is statistical trading from a spreadsheet considered TA? honest question.

Es

I'd say so, but then everyone seems to have their own definitions, which can add to the confusion....

 

[MAESTRO]

Actually, there is a third way! It's called "Mathematical Psychology". No TA, no FA just "hearding" and "flocking" and the methods that capture behavioral patterns without using prices or news. I have been doing this for the last 15 years and to me it is the only way to trade.

Cheers,
MAESTRO