TA or something you don't know about. - page 19
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
if you are looking for a 100% prediction of any movement, much less a minuscule one (I suspect we are talking about ticks), you will never find anything - you are trying to predict what is in the mind of every market participant, try to guess, for example, what I think about you or the topicstarter? - there, that's exactly what i thought :D
I think I've got a good point, but I'm not psyched to "pour out my heart", the TA does not work, I will tell you this so that TA opponents understand: you do not need to study historical OHLC, stop torturing yourself and others - develop a clear MM and pick a time to trade the game. Good luck!
that's what you said: because it only counts online ticks, and if my indicator shows that the bar will go down, then whichever way you spin it, the next bar will go down by at least 2-5 pips.
Are you contradicting yourself?
as you just said: because it only counts ticks online, and if my indicator shows that the bar will go down, then whichever way you slice it, the next bar will go down by at least 2-5 pips.
Are you contradicting yourself?
I do contradict myself, 2-5 pips can be taken from a tick MA, I don't know why it happens, I think my indicator is in "resonance with the DC filter" - it's just a technical method, it has nothing to do with TA and the concept of a trading strategy. I will add more about the contradictions - I do market analysis almost every day, and I get some experience and therefore can change my view of how the market works.
I'm sorry, but I don't want to take up any more of your time or mine to discuss "something not discussed".
You just said that: because it only counts online ticks, and if my indicator shows that the bar will go down, then whichever way you spin it, the next bar will go down by at least 2-5 pips.
Are you contradicting yourself?
Here is another common misconception. Do not put the cart before the horse. No matter how cleverly you put the curve on the chart, the market won't care. Unfortunately, many TA analysts, often confuse cause and effect. The market prices move not because of what the indicators point out, but vice versa, the indicators move because of the market movement.
I'm going to join in. And I will add, in short - your livelihood is searching for other people's mistakes at a given moment in time.
I have created a thread to discuss this topic https://www.mql5.com/ru/forum/134596 It's a bit slow here. To begin with I have already posted what I wrote on one closed forum. Friday :)
FA, on the other hand, does not rely on past prices, although just like TA it tries to make predictions about the future value of an asset.
You do not understand what FAs are and FAs in forex in particular.
FA in forex is always based on the past price of an asset. The way the price reacted to, for example, an increase/decrease in US employment is the subject of FA. The FA is based on the observation of past price reaction to the release of macro statistics.
The market is an equilibrating mechanism between supply and demand.
From the definition itself it becomes clear that the market is in an equilibrium state, in which the current price is the sum of the expectations between all buyers and sellers. In other words, the current price is the best view of the future.
Technical analysts or chartists (also called noise traders in scientific circles) use information about past prices to predict the future (I'm about to be beaten by a pig-saurus). In fact , if you see an unfinished figure "head-shoulders", you are already predicting the future, as you see a figure of technical analysis, a part of which is in the future. That is, your imagination interpolates the past into the future according to the rules of technical analysis. Considering that in general the current price doesn't determine the future price, it becomes clear that such weak results of technical analysis trying to make future predictions.
It contradicts this:
C-4:
Here is another common misconception. Don't put the cart before the horse. No matter how cleverly you put a curveball on a chart, the market won't care. Unfortunately, many TA analysts, often confuse cause and effect. The market prices move not because of what the indicators point out, but vice versa, the indicators move because of the market movement.
That is, at first you state that the market is an equilibrium state of bulls and bears and thus it is an aggregate reaction to the actions of all market participants (and participants are guided by indicators, the position of planets and other types of analysis).
But in the next post you claim that the market does not care about the market participants, it does not give a damn about how traders act (and traders are just guided by indicators, which in fact is the controlling influence on the movement of an instrument).
You do not understand what FA is and FA in forex in particular.
The FA in forex is always based on the past price of an asset. How the price reacted to, for example, an increase/decrease in US employment is the subject of the FA. The FA is based on the observation of past price reaction to the release of macro statistics.
No, you don't understand what FA is. The market does not read the papers. There is no meaningful correlation between the content of the news and further rate follow-up. There is a spike in volatility caused by the news, but the rate itself remains generally the same uncertainty. Trading on the news can in the full sense refer to noise trading (haphazardly making trades in different directions), but not to FA. Again, the market does not read the papers. Let's say the effect of a discount rate cut will affect the market not through newspapers or TV, but through the cost of borrowing, which in turn will increase leverage (leverage), which in turn will increase fund liquidity (more money to invest/spend), which automatically means a rise in the stock indices.
К
....Peter, on the other hand, suggested not engaging in the obviously dead-end version of forecasting: interpolating into the future, but trading the market in the present. ....
To the casino, unequivocally. They love them there.
contradicts this:
That is, first of all the statement is that the market is an equilibrium state of bulls and bears and thus it is the joint reaction to the actions of all market participants (while traders are guided by indicators, the position of planets and other types of analysis).
But in the next post you claim that the market does not care about the market participants, it does not give a damn about how traders act (and traders are just guided by indicators, which in fact is the controlling influence on the movement of an instrument).
There is no contradiction. Out of a thousand traders looking at the same chart about 500 will see a bullish situation, and the other half will see a bearish situation. And in general, for the market, it does not matter with what these 1000 traders will see what they want, the important thing is that their resulting position will be equal to zero. And that means that the current situation is uncertain, which means that current value is the most accurate indicator of future value. So that's the case. And what indicators are used it does not matter, may it be mad Yusuf curvulines, may it be simple moving averages, in the amount - they will show the same, that will be seen by all market participants, namely, 50% of indicators will show an entrance in the long position and 50% will show a short one. To make sure of this, just look at any forex informer on positions of clients in a particular brokerage company.
So, summing up, we can say that the market is the result of actions of all its participants, and this result is practically always equal to zero, hence, there is no possibility for earning, because zero, the state of uncertainty, and one cannot earn on uncertainty.