Вasics of technical analysis for "dummies"
- Thread starter Resto
- Start date
yes keep going lol.... it's still raining outside.
and you have just completely ignored my post why your stuff is garbage lol.
am very sorry that I did not see the original Gartley book, what we can read now certainly deserves respect and gives the opportunity to refine the ideas of Gartley to a higher level.
In the era of computers, it is not the slightest difficulty to decompose its patterns into separate components in order to find work and 2 and 3 patterns at the same time. And it is this knowledge that ultimately helps to find the very algorithm on which any price movement is based.
I am showing you fragments of my old “pattern in pattern” trading system, and if you can understand how it should work, then its minimum efficiency will be 85%, and this base will allow you to find an algorithm that will give 100% efficiency in trading
In the era of computers, it is not the slightest difficulty to decompose its patterns into separate components in order to find work and 2 and 3 patterns at the same time. And it is this knowledge that ultimately helps to find the very algorithm on which any price movement is based.
I am showing you fragments of my old “pattern in pattern” trading system, and if you can understand how it should work, then its minimum efficiency will be 85%, and this base will allow you to find an algorithm that will give 100% efficiency in trading
But what you don't get is, it's easy to sell TA and prediction ( not profit from ) but Nothing which is pretty much what we believe in is kinda hard to sell.
Find strong trend, wait for pull back, join said trend and take your losses quickly when the pull back is a directional change, KISS!!
But then if you keep going everyone here we will be geniuses just like you.
So then how will you ever control the Chicago Stock Exchange all be your wittle selfie again?
TA works if you know how to trade. so does price action and flipping a coin if u know how to trade. not many triangles because mktbisbwashed out by algos painting the chart. if you buy top tick..u too can make a chart paint and change everyones view then you have that knowledge that it was a bs print now repeat
a concrete example of idiots calling themselves technical analysis specialists.
open the site and select the English version of this site
https://uk.tradingview.com/chart/XAUUSD/owjuh8B0-Gold-forecast-for-December/
in the presented screenshot, such a specialist forecasts the development of the gartley model in the 240min segment
We ask only 3 logical questions
1 Did Gartley use a time interval of 240 minutes?
2 is his forecast comparable with the work of the Gartley models of the older time interval
3 What are the chances of this prognosis
answer
1 no
2 50/50
3 50/50
this is precisely why people have a negative attitude to technical market analysis
Any worthwhile thing in the hands of an idiot turns into meaninglessness!
open the site and select the English version of this site
https://uk.tradingview.com/chart/XAUUSD/owjuh8B0-Gold-forecast-for-December/
in the presented screenshot, such a specialist forecasts the development of the gartley model in the 240min segment
We ask only 3 logical questions
1 Did Gartley use a time interval of 240 minutes?
2 is his forecast comparable with the work of the Gartley models of the older time interval
3 What are the chances of this prognosis
answer
1 no
2 50/50
3 50/50
this is precisely why people have a negative attitude to technical market analysis
Any worthwhile thing in the hands of an idiot turns into meaninglessness!
Attachments
I just won’t say anything about the work of the secondary patterns that shape this current situation.
My old “pattern in pattern” system in the interval of 7 years attracted more than 12 thousand “specialists” in technical analysis, and during this time none of them found an answer on how to break down the schedule for the work of primary and secondary patterns. try, maybe you can.
PS if you succeed, then your efficiency will be more than 80%
My old “pattern in pattern” system in the interval of 7 years attracted more than 12 thousand “specialists” in technical analysis, and during this time none of them found an answer on how to break down the schedule for the work of primary and secondary patterns. try, maybe you can.
PS if you succeed, then your efficiency will be more than 80%
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