Lol, you are not. Funny, you do not even realize you do not peruse TA. You are a pure price action trader. Welcome to the camp, champ!!! Funny how some need to be woken up to realize where they actually stand.
The best traders in ET
- Thread starter GloriaBrown
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Price action trading IS part of TA, LOL!!
If you want to play the semantics game, go right ahead. Once prices trade, they are in the past. You are not trading future price prints are you? Haha
Just curious, if you do not believe price action is TA, then what is it??
Keep in mind, though, that TA involves trading based on "statistics generated by market activity"
If you want to play the semantics game, go right ahead. Once prices trade, they are in the past. You are not trading future price prints are you? Haha
Just curious, if you do not believe price action is TA, then what is it??
Keep in mind, though, that TA involves trading based on "statistics generated by market activity"
Really? Interesting, that is why Kalman filters are applied to target tracking systems even in advanced military aeronautical equipment and not exponential moving averages. And your unqualified comments that show you do not understand the difference is why I smirk, chuckle but rest my case. I recommend you to learn a thing or two about Kalman filters, apparently you do not even understand the basics. Shoot me a PM if you need reading material on the subject.
Elliott understood her place? Aside Middlemarch not much noteworthy that surpasses other great authors, but that just aside. (sorry I did not fall for that one ;-)
Elliott understood her place? Aside Middlemarch not much noteworthy that surpasses other great authors, but that just aside. (sorry I did not fall for that one ;-)
Dude, you are a price action trader. I am glad we settled that. No TA here folks, move along, move along.
P.S.: Volatility market makers also partly peruse past prices to guide their opinions of their view of underlying direction and volatility (such as through realized vol). So they must be applying Technical Analysis right?
P.S.: Volatility market makers also partly peruse past prices to guide their opinions of their view of underlying direction and volatility (such as through realized vol). So they must be applying Technical Analysis right?
Dodging my question can only mean one thing 
I understand the mathematics of KFs well. A random walk with [additive] noise model can be shown to be equivalent to a exponentially weighted moving average (EWMA). The kalman gain ends up being the same as the EWMA weighting. One is a family of the other.
But forget the theory. I trade hundreds of millions a day in spot FX. What i am telling you is not theory, I am telling you that when an instrument tracks an indicator (EWMA, KF whatever) the differences are completely irrelevant.
its a world of a difference:
a) one looks purely at past prices and makes no inference about the future
b) the other makes inferences about future states by correcting for past mistakes.
Not even a subtle difference. Obviously you DO NOT understand the underlying math, but just copied a few quick lines from wiki. You must be a horrible poker player.
And now you trade hundreds of millions of FX, lol. Irregardless of this being utter BS or not, what is the relationship between your trading volume and this discussion? Oh I get it, like all other TA apostles you say something and so by definition that lends you credibility that what you say must be true? LOL!!! How can you stand up to the market and be judged at the end of each day? Its funny to picture you argue back to the market that your pnl is not what it looks like because you say so and because you trade hundreds of millions you are right.
a) one looks purely at past prices and makes no inference about the future
b) the other makes inferences about future states by correcting for past mistakes.
Not even a subtle difference. Obviously you DO NOT understand the underlying math, but just copied a few quick lines from wiki. You must be a horrible poker player.
And now you trade hundreds of millions of FX, lol. Irregardless of this being utter BS or not, what is the relationship between your trading volume and this discussion? Oh I get it, like all other TA apostles you say something and so by definition that lends you credibility that what you say must be true? LOL!!! How can you stand up to the market and be judged at the end of each day? Its funny to picture you argue back to the market that your pnl is not what it looks like because you say so and because you trade hundreds of millions you are right.
ah. we are finally there. The ULTIMATE TA GIVEUP indicator. Nitro ran out of arguments. Right before he said "I trade hundreds of millions in fx so I must be right", now this. Finally. Thanks for cutting this short.
Quote from nitro:
That he is gay?