Technical analysis :useless junk science

[SatMir]

Quote from cornixforex:

Funny... list of scammers and crooks by Oilfxpro is growing.

As growing the amoubnt of fel in his liver...What a tragedy!

 

[oilfxpro]

Quote from cornixforex:

Funny... list of scammers and crooks by Oilfxpro is growing.

plenty of them on mf wall street.Big ones hang out there and little ones all over the place , in forex at baby pips.

 

[cornix]

Quote from oilfxpro:

plenty of them on mf wall street.Big ones hang out there and little ones all over the place , in forex at baby pips.

Why are you messing with such a dirty business full of scammers then?

 

[oilfxpro]

Quote from cornixforex:

Why are you messing with such a dirty business full of scammers then?

The banter with xpert sharks is entertaining.It is just a game with forex sharks , otherwise life would be boring.

 

[cornix]

Quote from oilfxpro:

The banter with xpert sharks is entertaining.It is just a game with forex sharks , otherwise life would be boring.

So you don't make a living by trading, that's just a hobby for you along with discussing it?

 

[oilfxpro]

Quote from cornixforex:

So you don't make a living by trading, that's just a hobby for you along with discussing it?

Who wants to work for a living?more entertainment ....Just gamble all day .....and play cards or casino and read b/s from fx sharks and pretenders.

How much difference is there between traders and cuckoos?98 ^% lose and have fun.

One flew over the cuckoo's nest - Trailer - HQ

http://www.youtube.com/watch?v=2WSyJgydTsA

 

[cornix]

Quote from oilfxpro:

Who wants to work for a living?more entertainment ....Just gamble all day .....and play cards or casino and read b/s from fx sharks and pretenders.

How much difference is there between traders and cuckoos?98 ^% lose and have fun.

One flew over the cuckoo's nest - Trailer - HQ

http://www.youtube.com/watch?v=2WSyJgydTsA

I didn't say "work", I said "make"... So do you make a living by trading or not?

 

[oilfxpro]

Quote from Xspurt:

That is a good observation. Either start at the baby end of the journey of learning or start with the get rich quick EA. After a few years of hard graft there is a chance of understanding what moves the market with the former whereas a few years on EA's leaves you bitter, presumptuous and confused about what works, what doesn't and why.

This is why you are so bewildered about the markets: pages and pages and years of this...


http://www.google.co.uk/#hl=en&gs_n...pw.r_qf.&fp=a580d33dc73e4f57&biw=1680&bih=918

you can win the t/a argument , so u get personal.

 

[college ruled]

If TA doesn't work, doesn't it also follow that intuition does not work? All that's left is fundamentals? How would explain successful traders that don't use fundamentals or classic TA?

Don't know the answers, hell I don't know the answer to most things, most of time in life i'm just guessing.
I'm trying to develop my own style.

 

[njrookie1]

coming from an academic background, i totally understood why academic research failed to find TA rule that works.

TA works in a context. 80-90% of time FA does not work. however there are those 10-20% of time traders have an edge based on TA. if you pool all data you will probably find nothing. TA helps to read/identify any trace left by big players, probably based on FA or macro economic analysis.

FA has to work through price and volume to kick in. in short-term TA is sufficient statistics for market's next move.