Technical Analysis = CRAP

[Lucrum]

Quote from marketsurfer:

--- I'm still waiting.

Me too, only I'm waiting for your screen shots.

 

[marketsurfer]

Quote from Lucrum:

Me too, only I'm waiting for your screen shots.

What do my screenshots have to do with objective TA working or not? My calls have been posted for the last 9 years on this site before the fact--- they are here for all to see-- what you do with them is up to you.

Where are the before the fact calls of the objective TA crew. One guy on this thread is bragging about 3 correct calls but all I see are pretty charts and after the fact observations.

 

[Lucrum]

Quote from marketsurfer:

What do my screenshots have to do with objective TA working or not?

It would help verify you're actually trading instead of just making "calls" There is no shortage of wannabe's making "calls" on ET. tradingjournals and coooolweb just to name a couple

...all I see are pretty charts and after the fact observations.

I think you're seeing what you want to see.

 

[Eddiemorra]

Quote from marketsurfer:

Well, I am giving the TA folks plenty of time to demonstrate that objective TA works. Still nothing at all but a few proclamations of past success and chart postings that could be interpreted as correct regardless of market action.

If it's objective thus programable it's easily tested--- I'm still waiting.

but logic_man posted the following yesterday, ahead of time when the ES was about 20 points higher, i think:

Quote from logic_man:

Alright, man, fair enough with the point of making at least some calls. Right now, I like 1317.25 ES before 1354.75.

Does that not count or did you miss his post?

cheers

PS - Im not on anyone's side. I am NOT a profitable trader. I've been trying for about 6 years to make TA work though!

 

[ammo]

Quote from marketsurfer:

Well, I am giving the TA folks plenty of time to demonstrate that objective TA works. Still nothing at all but a few proclamations of past success and chart postings that could be interpreted as correct regardless of market action.

If it's objective thus programable it's easily tested--- I'm still waiting.

been posting charts ,tl supp/res and market profile tagrets for 2 yrs,using it for 30,there are other ways to trade but tech analysis is an obvious way to read the market and pull out a few scenarios to trade with, trading a discretionary,non programmable method has been the norm for 70- 80 years,computer programs in the last 15-20 yrs have their limitations , the system stops working and you have to start over,not so with discretionary,if you don;t believe it don't use it,but having never had any luck with it,when so many others have,and using that as your basis for saying it's crap leaves the finger pointing directly at you,just admit that your technically challenged and try something else or better yet,put up something that works better,or get off your soapbox

 

[marketsurfer]

Quote from Eddiemorra:

but logic_man posted the following yesterday, ahead of time when the ES was at 1340 or so i think:



Does that not count or did you miss his post?

cheers

PS - Im not on anyone's side. I am NOT a profitable trader. I've been trying for about 6 years to make TA work though!

No question, that was one good Guess so far Kudos to him. But several months of accurate calls, like I have demonstrated in the past, should be no problem for the TA crowd.

Read altucher book trade like hedge fund and winner take all by Gallacher. You are on the wrong road with TA.

 

[Lucrum]

Quote from ammo:

been posting charts ,tl supp/res and market profile tagrets for 2 yrs,using it for 30,there are other ways to trade but tech analysis is an obvious way to read the market and pull out a few scenarios to trade with, trading a discretionary,non programmable method has been the norm for 70- 80 years,computer programs in the last 15-20 yrs have their limitations , the system stops working and you have to start over,not so with discretionary,if you don;t believe it don't use it,but having never had any luck with it,when so many others have,and using that as your basis for saying it's crap leaves the finger pointing directly at you,just admit that your technically challenged and try something else or better yet,put up something that works better,or get off your soapbox

Ouch! That's gonna leave a mark.

 

[ProfLogic]

Quote from marketsurfer:

The price sentinel was slated to be released in 2010 per the website. I'm still waiting for it, but like the perpetual motion machine invention, I am certain I will be waiting quite awhile longer.....Despite assurances to the contrary. Of course I'll recognize it's results if it actually works but this is highly unlikely.

In the meantime, if you want to see a real quant based stock picking engine check out "the machine" by my old research firm.

Let the dreamers and paper traders continue to promise miracles while real traders and researchers are putting their work on the line daily in the real markets.

The Beta was released. You were offered the Beta and chose not to test it. Not comfortable with computers I guess.
You were told the full release would be this September.
Alzheimer's kicking in again?
Why not comment of Resenberg's track record or the live calls you are ignoring?

 

[marketsurfer]

Quote from ammo:

been posting charts ,tl supp/res and market profile tagrets for 2 yrs,using it for 30,there are other ways to trade but tech analysis is an obvious way to read the market and pull out a few scenarios to trade with, trading a discretionary,non programmable method has been the norm for 70- 80 years,computer programs in the last 15-20 yrs have their limitations , the system stops working and you have to start over,not so with discretionary,if you don;t believe it don't use it,but having never had any luck with it,when so many others have,and using that as your basis for saying it's crap leaves the finger pointing directly at you,just admit that your technically challenged and try something else or better yet,put up something that works better,or get off your soapbox

I can't and dont argue with subjective discretionary TA. My beef is with the fixed objective system TA vendor types that haunt elite who have made undocumented and outrageous claims in the past.

 

[ProfLogic]

Quote from marketsurfer:

What do my screenshots have to do with objective TA working or not? My calls have been posted for the last 9 years on this site before the fact--- they are here for all to see-- what you do with them is up to you.

Where are the before the fact calls of the objective TA crew. One guy on this thread is bragging about 3 correct calls but all I see are pretty charts and after the fact observations.

Is it 3 correct calls or after the fact observations?
You are beginning to stutter.
There have been more than 3 calls you just ignore them. Many TA traders make live calls all of the time in this forum, You ignore them as well.