Technical analysts are very confused - Page 3
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Thread: Technical analysts are very confused

  1. #21
    Quote Originally Posted by ;
    technical analysis should not be about calling. Giving guidelines about the way to respond to what is occuring.

    I have been stating that to newcomers for ages: men, dont try to forecast... simply try to respond quickly and diligently. That is understood by very few unfortunately

  2. #22
    Quote Originally Posted by ;
    As most people have already said, analysis is moving the odds in your favor. Those who say they can pinpoint just what the market will do tomorrow or a week are full anyway, as most professional traders do not know whether the market will go in their direction the following day.

    Yes... weatherman do in fact say this, and everyone listens to them... correct? I mean, when was the last time you had an accurate forecast for the coming weekend? And if they do say tomorrow will probably be rain, notice they say something like 70% chance of rain.
    It better not rain this weekend cause I am going on golf....

    I hope everyone else had a fantastic past two days of trading...I pocketed well over 400pips trading eur/usd and gbp/usd the past 48 hours...

  3. #23
    Quote Originally Posted by ;
    i disagree completly. . .if you get started trading have a 100% probability of succeeding...I have never in my life have a loosing trade. . .at it is all given to my money management. I buy when the price is low and sell when the price is large. . .some transactions are closed within minutes. . .others take hours. . .some take day. . .some weeks. . .some months....but I never gear greater than 1:5

    I have been trading live for almost a year now. . .and never had a single loosing trade. . .while I make around 800-1000pips per month playing eur/usd and gbp/usd
    What's been your worse drawdown in any particular trade prior to recovery.

  4. #24
    [quote=iandekoker;1460393] BECAUSE NOBODY HAS CONTROL OVER THE MARKET. Nobody knows what the market is currently gon t perform. (That is why some usage indiors. And also the most posts/discussions are observed in the Trading System egorie. Everybody is searching for a system that could predict the market)

    Oh yes. We know what the market is currently going to do. It goes against the crowd.

    This is what I see cableĀ“s opinion chart of the last few times:
    May 23: strongly bearish
    May 29: bullish
    June 4: Bearish
    June 7. Bullish

  5. #25
    Lao Tzu, a 5th century BC Chinese philosopher stated Those who have knowledge don't predict. Don't have knowledge.

  6. #26
    Wow, somwone has had a year and a half without a trade, have to have a billion dollar account by now.

  7. #27
    Quote Originally Posted by ;
    Wow, somwone has had a year and a half with no losing trade, must have a billion dollar account by now.
    Actually, I understand a futures trader who traded for a year and a half with no loss. However, he only placed approximately thirty trades . The way he set it, I will trade by newspaper if I have to.

  8. #28
    In, and Authentic thoery, you could have purchased cable a year ago, and still have that thing available, and no loss.

  9. #29
    I haven't understood analysis content why they wast their time.

    This easy if you think that the Eur going to X price just buy/sell it and buy doing this we'll realy understand what the analysis thinks.

    Who the hell would be paying them to develop with this nonsense, or better yet who's buying this crap so that they can even get paid to write it at the first location.

    Do not get me wrong I don't mind reading a couple of good news articles but technical analysis prediction drives me up the wall.

  10. #30
    Quote Originally Posted by ;
    Lao Tzu, a 5th century BC Chinese philosopher stated Those who have knowledge do not predict. Those who predict, don't have knowledge.
    Great one

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