Why does TA not work (for you)?

Quote from marketsurfer:

Hey RCG, TA deals with past price/volume data.( see the pretty colorful and artistic charts above) Other analysis techniques use the book and other data before its converted into a trade (price). See the difference?

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"Technical analysis is a methodology that makes buy and sell decisions using market statistics."


http://www.investinganswers.com/financial-dictionary/technical-analysis/technical-analysis-1108

you are using ta surfer, you just wont admit it. both chart analysis and what you do is technical analysis. it's a big field.
 
Quote from frenchfry:

Like this?

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here is my annotated version
It shows my trades.

Note that I lost on one short.

I circled one of your X'ed volumes. Look closely and see you did not degap price.

All bars on price MUST be degapped. TN so far cannot understand this. I will be there in Colorado Springs for 3 days after I get back from Hawaii Islands trip

You are doing great to see the P and T's.

we can convert them into the Pattern I posted.
 
Quote from jack hershey:

here is my annotated version
It shows my trades.

Note that I lost on one short.

I circled one of your X'ed volumes. Look closely and see you did not degap price.

All bars on price MUST be degapped. TN so far cannot understand this. I will be there in Colorado Springs for 3 days after I get back from Hawaii Islands trip

You are doing great to see the P and T's.

we can convert them into the Pattern I posted.
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See attached
 

Attachments

Up date.

the PACE droppoed down into midday a little late.(bar42) whee we ae holding long.

Bar 27 was reversal long

Bar 32 was reversal short

Bar 39 was reversal long
 
Quote from marketsurfer:

Hey RCG, TA deals with past price/volume data.( see the pretty colorful and artistic charts above) Other analysis techniques use the book and other data before its converted into a trade (price). See the difference?

surf

Why not TA trade binary options? Its simple all you need to do it guess direction and win 70 - 100% every trade. Just think of the compounding potential!
www.ibinarytrade.com

www.traderush.com

some resources to help TA traders--heck the one group offers 60 second options-- imagine making 100% every 60 seconds? Surely TA traders can do this with the charts??
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surf you shouldn't post links to this kind of stuff, alot of people don't know any better.
 

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Quote from kinggyppo:

surf you shouldn't post links to this kind of stuff, alot of people don't know any better.
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Yeah, maybe I am overestimating the intelligence of the crowd.

My point is all TA has to do is increase your odds that one price will be above another within any time frame, and these binary dealers would be out of business. For some reason, TA traders must lose more than they gain or good bye FX and binary dealers who win when you lose.

surf

PS. buy the way, this is the 10th most popular thread of all time in the TA category and its only been live for 9 days. Your welcome very much...
 
Quote from Trend Following:

http://www.covel.com/podcast
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Fantastic resource, Mike. i was not aware of these interviews. I did a similar thing back in 2005 in print with around 50 hedgees, traders, academics and economists--- met several cats during this time that changed my life for the better....

Thanks for making the podcasts free for everyone. Incredible and up to date knowledge base. I strongly recommend everyone listen to these chats. Completely free

surf
 
Quote from marketsurfer:



PS. buy the way, this is the 10th most popular thread of all time in the TA category and its only been live for 9 days. Your welcome very much...
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many nice people trying to help one lost soul. it's good that people are so nice here.
 
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