the politically incorrect truth why TA can't work (for you)

Quote from cornixforex:

Seems to be the case of unconscious selective perception based on personal mental maps. :D

P. S. TA setups can be tested pretty well and more or less objectively (enough to provide a profitable system at least), many of those can probably be also automated (probably, because I have never done it myself and cannot speak with confidence), but no, guys who troll these TA threads looking for "proofs", there's not going to be a free cake here for you. :p

I give away those "cakes" for a couple of years already, rather not give away, but pass what I have learnt, because I received it for free and feel obligated to pass it for free too, but not to entertain people who don't respect the matter discussed or try to get the edge in such amoral way as trolling and challenging others.
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Highly intellectual post full of opinions, but short on evidence or subjective evidence on posts.Post some of your back tests ,forward tests and statistical results (without opinions),with some explanations of patterns tested.

E T is a watering hole where you can claim and give opinions , they are just for entertainment reading.
 
Quote from oilfxpro:

Highly intellectual post full of opinions, but short on evidence or subjective evidence on posts.Post some of your back tests ,forward tests and statistical results (without opinions),with some explanations of patterns tested.
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No. And I explained in the same post why. :D
 
Quote from oilfxpro:

Highly intellectual post full of opinions, but short on evidence or subjective evidence on posts.Post some of your back tests ,forward tests and statistical results (without opinions),with some explanations of patterns tested.

E T is a watering hole where you can claim and give opinions , they are just for entertainment reading.
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Oily is fishing so hard for set ups. He has threads for trashing TA on one hand and then is begging others to show him set ups

http://www.elitetrader.com/vb/showthread.php?s=&threadid=247783

Tough Tiitty oily.

Surf too is begging for set ups.

one thing the TA bashers make clear, it don't come easy :)
 
Yeah, funny indeed, I don't recall many of this thread participants coming to Surf's threads and saying his analysis is crap... Maybe cause they don't care too much. :)
 
Quote from cornixforex:

No. And I explained in the same post why. :D
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The best solution to prove t/a point is for the xpurt to make 50 live calls in advance , in a journal.This will eliminate hindsight biases.

As for yourself , you have no evidence to present . My mother can trade blindfolded and does not need to use t/a , so she was an even better than Vic and Mr turtle who apparently blew up funds ,left right and centre in live advance trading.
 
Quote from oilfxpro:

The best solution to prove t/a point is for the xpurt to make 50 live calls in advance , in a journal.This will eliminate hindsight biases.

As for yourself , you have no evidence to present . My mother can trade blindfolded and does not need to use t/a , so she was an even better than Vic and Mr turtle who apparently blew up funds ,left right and centre in live advance trading.
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What makes you think anyone of us here cares to prove you something? :)

BTW, please provide an evidence that Vic blew up the fund, otherwise it's just hollow words.
 
Quote from oilfxpro:

What makes money is not how to use t/a , but what not to do when lagging t/a throws three different results for same inputs.
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What makes you think you know how to use TA and what exactly inputs your chart shows?
 
Quote from oilfxpro:

What makes money is not how to use t/a , but what not to do when lagging t/a throws three different results for same inputs.
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ask your mother then compare to the TA set ups you have Googled

OR

quit Googling and learn TA

Seriously, the question you ask is something every trader that has cracked TA had to find the answer to. There is not one solution - there are many.

You job is to find one and if you don't get spoon fed answers on ET, then be prepared to work your balls of for a few years and then if you cut it you'll understand why traders here don't give free rides.

you also understand why TA bashers are so reluctant to post the failed TA that convinced them TA doesn't work. Credit to you that you did.
 
Quote from cornixforex:

What makes you think you know how to use TA and what exactly inputs your chart shows?
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I have experience of failed trends , noise , false breakouts , failure of t/a , unexpected resistance and support , unexpected reversals etc etc , so I try t/a as a dubious science..

I have loss marks to want me to not rely on t/a , but my sixth sense of the markets.
 
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