Prove to me that Technical Analysis Works.

TazTheLaz said:
I refuse to believe that a line on a chart can explain the entirety of a company. It defies rationality and logic. Not to mention that NOBODY notable has gotten super rich off of TA. On the other hand, fundamentals have made several people rich (Warren Buffett, Charles Munger, Bill Ackman, Carl Icahn, etc.).

Please explain to me, with logic, how TA is supposed to work.

I don't care if it's the VWAP or a moving average, just explain to me how a line on a chart will predict anything beyond a vague guess.
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All news and company fundamentals are reflected in the charts. Thank you for your time.
 
tomkat22 said:
Man she bled like a stuck hog when Tory Lanez shot her in the foot. I mean the camera was 100 yards away and you could still see the spots of blood on the street.
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She got a fat ass though. She got a fat ASS though. That's all that matters.
 
SunTrader said:
Uh oh the FX 1 to 5 poster folks found us.
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slightly off topic but I'm new to this site (well new to to reading it). Why do FX posters (like pretty much the whole FX section) sound like they're automated bot replies full of generalised nonsense written by people with zero experience? Is it a way of boosting ad revenue? What's going on?
 
trismes said:
slightly off topic but I'm new to this site (well new to to reading it). Why do FX posters (like pretty much the whole FX section) sound like they're automated bot replies full of generalised nonsense written by people with zero experience? Is it a way of boosting ad revenue? What's going on?
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Baron is aware of it. Though I forget what he mentioned previously in regards to it. But it is not his doing and they try to root them out, whatever the bots aim is.
 
Now my system gives a sell signal on ERU/USD.
The break below 1.06700 makes ERU/USD into short term down trend.
 
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SunTrader said:
Baron is aware of it. Though I forget what he mentioned previously in regards to it. But it is not his doing and they try to root them out, whatever the bots aim is.
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got it thanks, I thought it was quite the div-fest
 
trismes said:
slightly off topic but I'm new to this site (well new to to reading it). Why do FX posters (like pretty much the whole FX section) sound like they're automated bot replies full of generalised nonsense written by people with zero experience? Is it a way of boosting ad revenue? What's going on?
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Engage the bots in a turing test.
 
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