Why do traders talk about TA as if it is physics ?

All that matters is price action and trade management.

Crushed uvxy today,, zero ta used. :D
Hello KCalhoun,

Day Trading Stocks have zero commissions now.

What are some active stocks I can scalp all day with good volume and price action? I trade futures which still have commissions.
 
Looks awesome, but how does one read it?
Does this technique have a name I can look for, or is it your proprietary invention?
It looks like
https://www.tradingview.com/chart/C...cture-Speed-and-Slope-on-Multiple-Timeframes/
Market Structure: Speed and Slope on Multiple Timeframes


Trend Lines Multiple Time Frame Analysis Gann Fan speed slope angle TIME
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Hey! Hope you are well!

In this selection, there is a showing of the use of angles to measure the passage of time and price.

In the first chart, the 30 minute chart, there is 40 units of time, and 40 units of price. The angle that is correspondent with this ratio spans to the end of the enclosed trend.

In the next chart, the four minute chart, there is 40 units of time and 40 units of price. The angle that corresponds to this ratio spans only to the end of the first trend.

However, the 8x1 angle stretches to the end of the full segment.

By these examples, the concept of speed is meant to be shown. In each corresponding timeframe, there is a speed. For the daily chart , the speed is one day. On the five minute chart, the speed is five minutes, so in making forecasts, predictions, trendlines , and others, consider the speed.


Suggested Reading:
Law of Vibration - Tony Plummer

Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course

Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III

H.M. Gartley - Profits in the Stock Market

Bill Williams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition

J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach

Fabio Oreste - Quantum Trading

Michael Jardine - New Frontiers in Fibonacci Trading

The Wave Principle, Nature's Law
Ralph Nelson Elliot

Technical Analysis of the Financial Markets
John J. Murphy

A Complete Guide to Volume Price Analysis
Anna Coulling

Mastering The Elliot Wave
Glenn Neely
 
Looks awesome, but how does one read it?
Does this technique have a name I can look for, or is it your proprietary invention?
ph1L next post is close. Gann Fans (which gotta be something like 80-100 years old) but plotted in my own way. As to how to read them that is proprietary - kidding.

Actually I cleared off other facets so chart pic is not overwhelming. Although Gann Fans are considered to be based on the time and price axis I also plot time and price vertical and horizontals as well that line up with GF's.

Time, Price, Pattern and momentum have to all be there to take a trade ... or exit one.

HTH
 
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