Don't tell me that TA works! - page 4

 
DhP:

A dream is not a dream and not a dream is a dream.....))) Nothing dangerous, .... we all get delirious sometimes...))))


I think with results like these many would like to sleep like this and delirious
 
IgorM:
no martin, no overshooting, just the belief that SL is good, and no one can stop me from putting SL in the opening price ;)

https://www.mql5.com/go?link=http://imglink.ru/show-image.php?id=fc75d630cdd44cf726c3b5f83d3c7b45 - 6 months, and I am haunted by the belief that the stop is evil. By the way the strategy on the topic of the thread - absolutely no TA without any analysis of past, present and future.
 

Oleg, what are you guided by in your strategy? I trade/scalp simple ZZ with levels, the main thing is to identify which cycle the market is in now - buying or selling and therefore try to enter the market higher or lower, market profile is used only to identify "gaps", they often show new levels=possible takeovers


Tantrik:
I'm haunted by the conviction that the stop is evil.
No it's not, it means that market entries are not "rehearsed", you need to look for them, a good entry is a safe SL, and to exit the market at breakeven, and why not?
 
IgorM:

Oleg, what do you use in your strategy? I trade/scalp simple ZZ with levels, the main thing is to detect which market cycle is now buying or selling and therefore try to enter the market higher or lower, I use the market profile only to identify "gaps", they often show new levels=possible takeovers


If I'm not mistaken, it means that market entries are not "rehearsed", you have to look for them, a good entry is a safe SL, and why not?
I'm your father-in-law - I thought you were talking to someone else. I'm your friend, I thought someone else would be interested.
I have a few Ts, Ts with predictions - trends, Fibo.
 
Tantrik:

that sounds like martin.

So what's the question - He rules... :-)))
 
IgorM:

Oleg, what do you use in your strategy? I trade/scalp simple ZZ with levels, the main thing is to identify which market cycle is going on now - buying or selling and try to enter the market higher or lower accordingly, market profile is used only to identify "gaps", they often show new levels=possible takeovers

None of the methods described in TA books, although past price values are analyzed.

Several currencies behaviour and FA elements are analysed.

The market is generally efficient, but sometimes there are gaps. So these gaps are what I catch. By the way, the same idea was expressed in the interview with some ATC Championship winner.

When an entry signal appears, I open a position, place a stop loss and profit, and turn off the computer.

In most cases you get up in the morning and the result is in your face.

 
FAGOTT:


I think that with such results many people would like to sleep and rave like that

So many with these results are both asleep and delirious
 
Tantrik:
I'm your brother-in-law - I thought you were addressing someone else. I think I'm your friend - I thought someone else was trying to contact me.
Several ts, ts with predictions - trends, fibo.

I have a vague suspicion about fibs - it cannot be said that fibs do not work, levels 38.2 and 61.8 are always present in the market, but from my observations, these levels signal only moments of uncertainty (turmoil) in the market and in no way can serve as signals for trading, I think that after finding these levels to wait for the price momentum, and only after the first pullback to decide on the strength of the momentum and further action

FAGOTT:

In most cases you get up in the morning and the result is obvious.

I already practiced such a strategy, around 23 Moscow time I placed order with small TP (10-12 pps), surprisingly simple and profitable strategy was, about 30 continuous trades in +, then small SLs, but gave up such trade - want to take part in the trading process :)
 
FAGOTT:



Don't be confused - all TA definitions I know are based on the axiom that the price of an asset is based on all the information currently available. And therefore only past prices and volumes are sufficient and necessary for a price forecast. And that's what all TA is based on.

And I argue - yes, the price is based on all the information currently available. And flowing information forms the price of the asset. But the price at the moment does not contain the information that will be known to the market at the next moment. Therefore, the current price determines the price in the next moment only partially. And that's why only past price analysis is not enough.

Not enough for what?
 
IgorM:

I have a vague suspicion about fibs - we cannot say that fibs do not work, levels 38.2 and 61.8 are always present in the market, but from my observations, these levels signal only moments of uncertainty (turmoil) in the market and in no way can serve as signals for trading, I think that after finding these levels to wait for the price momentum, and only after the first pullback to decide on the strength of the momentum and further action


Right - for profit, to enter another 1 - 2 additional signals.