Forex technical analysis bullshit

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Is it just me or is Apple 8767 s stock price closely following the Everest mount? Every little peak is perfectly correlated. I call that a 8775 perfect fit. 8776 All along, it was all planned guys. This is basically a sign from the Illuminatis. If only I had known that five years ago

Why Technical Analysis is 100% Bullshit - . Comeau

Anand Chokkavelu can't say "take the money and run" without thinking of Billy Joe and Bobbie Sue. He doesn't own shares of any company mentioned. Costco Wholesale, Weight Watchers, and Wal-Mart Stores are Motley Fool Inside Value selections. Costco Wholesale is a Motley Fool Stock Advisor recommendation. The Fool owns shares of Costco Wholesale and has a disclosure policy .

Indicator Bullshit - Forex TSD Trading Strategies

It 8767 s more like the tunnel vision of yours doesn 8767 t understand how to use technical analysis. Only thing I can say is I only looking candle stick charts and EMAs, and I am able to generate positive return every year since I started trading in 7555. It 8767 s good that most people don 8767 t make money trading, but only a handful of us do and don 8767 t talk about it.

Best Penny Stock Of The Year - forex technical analysis

Its how I can trade using 5 indicators or lines. You don 8767 t need anything special to trade. Just the knowledge of this process.

Technical Analysis Is Fundamentally Flawed - Forbes

He falls into the trap of believing indicators are some way predictive, with the inevitable confusion that causes. He'll never be able to prove an indicator is predictive, because they arent !, I'm not sure why even even tries too.

The Price Alerter for MetaTrader 5 is a simple and intuitive indicator for monitoring the price breakouts. Each indicator added to the chart creates its own horizontal line - that way each line has its own settings: name, chart, style, width, signals and is processed by the indicator that called it. The newly created lines are initially inactive, they are activated after the user moves and places them. The indicator automatically determines the expected direction of the placed line breakout dep

If you assert that moving average crossover does not work, you should provide the evidence (methodology, data, etc.) that demonstrate conclusively that it doesn 8767 t work.

The Bottom Line
As with any specialty, it takes time and practice to become better at using Fibonacci retracements in forex trading. Don't allow yourself to become frustrated the long-term rewards definitely outweigh the costs. Follow the simple rules of applying Fibonacci retracements and learn from these common mistakes to help you analyze profitable opportunities in the currency markets. (For related reading, also take a look at How To Become A Successful Forex Trader or discuss other Fibonacci strategies .)

No, I wouldn 8767 t go that far. There are actually plenty of professionals using concepts originating from technical analysis. Usually they don 8767 t use the term though, for reasons made clear above. It has a very poor reputation. Trend following, the main strategy of the 855 billion dollar CTA industry, has its roots in technical analysis. A large part of quantitative, systematic trading is based on ideas from that came out of that field.

The person who wrote this: 8775 why technical analysis is shunned by professionals 8776 then carries on to say 8775 As I said, I and many others in the hedge fund business use ideas and concepts from technical analysis. We look at charts, we use the occasional indicator, draw conclusions from price patterns and run simulations to test quantitative time series theories 8776 .

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