Amazing RR! sorry for my skepticism, I never found before a real trader saying "my analysis are always spot on". Generally one of the two assumpions ends up being false. cheers

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Amazing RR! sorry for my skepticism, I never found before a real trader saying "my analysis are always spot on". Generally one of the two assumpions ends up being false. cheers

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Dunning Kruger effect.

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Well, you should ask him...he is the one PREDICTING THE MARKET WITH HIGH ACCURACY. I'm the dumb guy saying I can't predict anything so I trade mathematically using Chaos theory.

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Hi FXCyborg, how are you BUYs doing?

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I don't hedge (not on purpose at least) I have a 6 digits accounts, I trade mathematically and leverage Swap as much as I can. I live in constant -under control-drawdown. So far so good.

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Tricera-trend! I'm afraid results don't change with any other technique, it is just more difficult to measure because it is subjective. Just look at the last 25 charts posted, anyone has his own "magic levels". Still the bottomline ...

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Oh,dear...If could only find something 1 standard deviation away, I would give this "technical analysis" another shot. Additional scientific material: url So, taking all this in consideration, prediction for the day is that price could go up, or ...

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Ok, I don't disagree with that. So, what is the recipe you propose? how do YOU do with technical analysis. You use it? And still, I have SEVERAL books on technical analysis...they seem to all agree in principles. They all tell the same story about ...

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If I may, and with no intent to hurt or being critical: - why you think price will bounce on a trendline - almost arbitrarely - built on past values - what proof we have that 88.6 fib means something

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This is very much the attitude I like

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Weren't you asking info on that ATR indicator MQL earlier today?

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Thank you engweijie, it is a good point, and I've spent quite some time back in the days to understand exactly that: how to interpret. In my years of research I've find no agreement (through several books and forum) on how to interpret a chart or ...

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I have been randomly collecting some of the thecnical analysis screenshot posted lately. If Technical analysis was a science or anything close to that, everyone should agree on the direction. It seems to me more like an horoscope where you can ...

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thank you for the explanation, I have quite some literature on tech analysis but that details are appreciated. I was anyway just asking for a number. I' d like to know if you can say what has been relaiability of H/S - whatever definition you want ...

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ouch, this is becoming interesting. So no, I don't know you, but you seem to be an expert. Can you please tell me how often an "head and shoulder" turns to actually deliver what it predicted in the last 10 years? Also there is plenty of rethorical ...

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No, I'm not attacking or feeling attached. I've been a long time "hobbist" trader (meaning I have a job and do this aside). I have a background on Data analysis, statistics, AI development have been reading this forum since several years ago with ...

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I'm stating the opposite actually. Market is completely unpredictable and the best approximation to that is a random walk. Lines, candles formations, "feelings" haven't proved more successful than random trading. What is funny to me is that people ...

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this is a pretty generic statement from someone with so much support info. Tell me by when you think you'll hit that 1.20 target and then we can start measuring. I'm sorry, I only understand facts and maths.

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that by itself is a logical fallance. I can be "confident" on anything I like, but data is what really counts and the fact you predicted something that happened doesnt by itself test your ability to predict, because we didn't keep track of all the ...

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