Why Technical Trading Signals Stopped Working

[Frederick Foresight]

"Why Technical Trading Signals Stopped Working"

The thread title is misleading. He didn't say TA stopped working, but rather that indicators stopped working. He noted his reliance on price. So to the extent that analysis and decision-making employ price, and especially when it is to the exclusion of fundamentals, TA is still alive and kicking in one form or another.

 

[Frederick Foresight]

blue line crossing the red line on a chart is not a reason.

You got the colors all wrong.

 

[murray t turtle]

TA, as taught by the founders, is based on price & volume- not indicators!

No trading technique is going to be in sync with the market all the time. You have to be able to observant, adaptable, & a good problem solver.

Most traders make a killing in bull markets & lose …….. when the market turns into a full blown bear. If you can't make profits it in a long & strong bull market than your in the wrong profession, don't blame an indicator.

The losers blame anything but themselves - they need to take a critical look at what they are doing wrong.

%%
Exactly;
like my banker dad used to say, ''operator trouble'' LOL,