Why does TA not work (for you)?

Quote from marketsurfer:

quantifies them.....without regard to TA.
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If you take a data set and quantify it, that is TA surf. More detailed to be sure but no different than seeing volume increasing and a stoch breaking above fifty.

Whether you realize it or not, you are technically analyzing something.
 
Yup, Surf is using TECHNICAL ANALYSIS but is ashamed to admit it :D

Quote from RCG Trader:

If you take a data set and quantify it, that is TA surf. More detailed to be sure but no different than seeing volume increasing and a stoch breaking above fifty.

Whether you realize it or not, you are technically analyzing something.
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look oracle DB admin man.. i'm not saying TA doesn't work.. and i know you weren't even directing that to me.. but i randomly wanna take a stance and i flipped a coin and it landed on you.. haha its not that TA doesn't work.. its that if you don't have a comprehensive trading strategy.. (IE double triple confirmation.. trade size/position size management.. money management.. and as well just generally be familiar with your instrument and its influencing factors.)
thats like saying AA doesn't work after going to one meeting and never getting a sponsor.. haha get a fucking sponsor buddy TA works..
 
Quote from R. Raskolnikov:

I just checked your journal, one of your trades wasn't a PRICE DRIVER trade. Another shoot from the hip type trade I'm sure.

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Funny! You know what I base my trades on? What else do you know? surf:confused:
 
Quote from frenchfry:

Critique:

1. Chart does NOT contain volume. SCT heavily relies on volume. Omitting volume is like driving with one half blind eye through rush hour. Volume leads price.
Drill: Post charts of one week with perfectly annotated volume gaussians on three fractals!

2. Chart is only annoted on one fractal. Annotating multiple fractals prevent you from jumping fractals too soon.
Drill: Post charts of one week with all three fractals annotated. You may skip the yellow boxes but annotate all laterals.

Sorry, Jack. Couldn't resist. ;-)
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you are perfectly correct.

I did the annotations for an advanced beginner level. I was just on paint so I decided to not use, as you say the "building blocks" to assure perfect accuracy.

If you look at today's chart with all the bells and whistles, there was a narow Summer range and you have the pay attention and categorize each and every bar.

the notation system for doing this is quite explicit and make it very easy to not make mistakes. those who are not versed in the 9 categories of a volume bar (besides the "wait" category) can not even build the interlaocking of adjacent fractals.

I do not remember seeing volume on the chart. I think, here, the discussion leaves out half the streaming variables and all of the book variables.
 
Quote from logic_man:

I'd love to know where you guys are getting the proofs for this statement. If I develop an objective edge via a positive expectancy algorithm with very explicit rules, unless I tell the details to someone else, how is that edge going to be exploited to death? If I'm the only one trading those exact prices where I buy and sell for the exact reasons I buy and sell, how would the market know to evolve so that future buys and sells I make would turn to negative expectancy trades? I don't know about you, but every time I buy or sell at a given price, I'm not the only one buying or selling at that price. There are hundreds, if not thousands, of contracts being bought and sold in the seconds immediately preceding my trade and the seconds immediately following it. The market doesn't know that I'm in there buying or selling based on my specific algo. How could it?

The market isn't a mind-reader and doesn't really give a shit if someone makes a ton of money, just like it doesn't give a shit if someone loses a ton of money. The market is completely indifferent either way. As long as you don't try to take more liquidity at your entry price than the market has to offer at that price, I don't see how the market would even know it was you entering at that price and therefore wouldn't know that it had to react a certain way just to make sure that your "edge" was undermined.

Can you explain to me how all that market magic is supposed to happen?
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I agree.

The myth that edges are exploited and not longer work is just a myth that is beleived by those who need to believe it.
 
dude.. fractals.. now your talking my speed.. where is that indicator.... what platform are you using and wheres the freaking fractals indictor.. i want one of those.. thank you.. if its gonna jump you can vaguely predict how far with factals.. etc.. etc.. ... post example factal TA thanks.. MR. Rocket scientiist Hershey hiwayer..
 
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