Trend lines and Heisenberg's Uncertainty Principle

[farmerjohn1324]

Here's another observation:

At too large of a timeline, trend lines become meaningless. Can you honestly draw any conclusions from this AUD/USD graph of last 20 years?

 

[Overnight]

Here's another observation:

At too large of a timeline, trend lines become meaningless. Can you honestly draw any conclusions from this AUD/USD graph of last 20 years?

It's going up. Just draw the lines in yer head.

 

[SunTrader]

The trendlines I use only need two (and only two) most recent swing highs or swing lows.

So looking at a 25 year monthly (or whatever timeframe) chart is fairly straight forward in that prior bars back before the first swing are noise and can basically be ignored.

 

[padutrader]

I'm stuck on wondering if any of these trends are actually real in the first place. And if any positive results would just be false positives.

what meaning are you attaching to a trend?
it is movement in the same direction.......a movement of 5 ticks up is a trend.

of course that 5 ticks may be all illusion or Maya as my wise local country men have said.

 

[padutrader]

I'm stuck on wondering if any of these trends are actually real in the first place. And if any positive results would just be false positives.

is any thing real in any business.
is anything certain in any business
millions use TA.
95% lose but 5% win.
what does that tell you.what does that mean?
that 95% do not know how to use it.
it is apparent that you are one of those 95% who do not know how to use.
nothing to be ashamed of.
but that does not mean TA is mumbo jumbo that is a servant to only 5% of traders

 

[Wheezooo]

is any thing real in any business.
is anything certain in any business
millions use TA.
95% lose but 5% win.
what does that tell you.what does that mean?
that 95% do not know how to use it.
it is apparent that you are one of those 95% who do not know how to use.
nothing to be ashamed of.
but that does not mean TA is mumbo jumbo that is a servant to only 5% of traders

Ease up. He's looking in from the outside, for the first time. I applied it to my trading from day one, and it still feels uncomfortable for me to accept. Then throw in nonsense that you see people promote. Just buy/sell MA, which works so perfectly on some youtube video, but the first time you go to do it, the market plays chop/chop with that number for the next three hours. Funny how I've never seen that happen to someone on youtube.

 

[dozu888]

If you need trendlines to see a trend you need to get your eyes checked.

 

[bh_prop]

 

[Steve Alexander]

Heisenberg's Uncertainty Principle says that the more precisely you measure somethings location, the less precisely you can measure it's velocity/momentum, etc.

Similarly, the more you zoom in on a chart, the less meaningful the trend lines are. On a tick chart, they're all but meaningless. You could "see" a clear trend on a 5-minute chart, only to zoom out to a week and see it as meaningless.

Now if you zoom out on a macro- scale, you can clearly see that the planet Saturn is moving at a certain speed and will continue to do so unless an outside force is applied (FA).

Thoughts?

Not interesting, and probably not relevant. Are you a professor at a liberal university?

 

[farmerjohn1324]

Not interesting, and probably not relevant. Are you a professor at a liberal university?

No I'm not.