Why does TA not work (for you)?

Quote from pythontrader:

Jack.., trading is done in the NOW. Do not use imperfect. Do not get too exited about your call. It was still 50/50 pal. How about " I will reverse on bar 56 and loose a lot of money on bar 57..? Dare to do that?
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I meant anticipitating and not predicking.
 
Quote from BSAM:

Really?
So the chart doesn't tell one what is happening in a market?
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It tells you what has happened, not what is going to happen. Nor does it tell you who or what has done iit--- one large player or the mass of churn or a combination ---
 
Quote from BSAM:

Really?
So the chart doesn't tell one what is happening in a market?
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I love these guys who talk as if there is a whole 'nother market out there or something and THAT'S where the real action is. It's really bizarre because I know that if I want to withdraw cash from my account and I sell shares to do so, I get the price that's in the "visible" market, not some "invisible" market price. The fact that my broker will give me actual cash, and not some promise to pay me in "invisible" cash, tells me that the market I made that trade in is the "real" market and this other "invisible" market is a bunch of BS.
 
Quote from logic_man:

I love these guys who talk as if there is a whole 'nother market out there or something and THAT'S where the real action is. It's really bizarre because I know that if I want to withdraw cash from my account and I sell shares to do so, I get the price that's in the "visible" market, not some "invisible" market price. The fact that my broker will give me actual cash, and not some promise to pay me in "invisible" cash, tells me that the market I made that trade in is the "real" market and this other "invisible" market is a bunch of BS.
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Don't be too harsh, brother Logic.
Let 'em have their fantasies.
I got mine too, but they have nothing to do with the market, if you know what I mean.
 
Quote from marketsurfer:

It tells you what has happened, not what is going to happen. Nor does it tell you who or what has done iit--- one large player or the mass of churn or a combination ---
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How can one know what is going to happen in future?
 
Quote from logic_man:

I love these guys who talk as if there is a whole 'nother market out there or something and THAT'S where the real action is. It's really bizarre because I know that if I want to withdraw cash from my account and I sell shares to do so, I get the price that's in the "visible" market, not some "invisible" market price. The fact that my broker will give me actual cash, and not some promise to pay me in "invisible" cash, tells me that the market I made that trade in is the "real" market and this other "invisible" market is a bunch of BS.
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How does knowing what happened help you in the least after your entry?

If it did it would be easy to quantify how many moves in one direction it takes to increase the odds of a move in the same direction--- a trend... Why can't this be qualified?

The answer is the start to understanding how markets really work.
 
Quote from cornixforex:

How can one know what is going to happen in future?
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You have to know what nobody else knows.
In other words, you got to be an "Elite" Trader, don't you know???
 
Quote from cornixforex:

How can one know what is going to happen in future?
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You don't. But understanding price drivers radically increase ones odds. Whereas looking at past charts results in random entries.
 
Quote from jack hershey:

At 8:27 your post time and before I was short on bar 12. Bar 12 ws a yellow box that went from a FBP to a hitch.

My first trade was from bar1 to bar 8. I went short on bar 8.
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I'm not sure your bar numbers are the same as mine. Therefore I attach ed a chart.

If you went short on bar 8 then what happens on and after bar 13? Your "green bookmark" from bar 8 was broken. This means you revert long on bar 13. Correct? But then on 14 or 15 you revert again?
 

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