Technical Analysis = Astrology?

[Kimosabi]

I use Sun Spot Activity to determine my trades...

 

[onemind]

I am omnipotent enough to not fool myself into thinking i know more than i do, like you..

 

[onemind]

I use Sun Spot Activity to determine my trades...

hehe, i use tea leaves..

 

[Magdoran]

Magdoran - so your a Maclaren fan?
I read he recently called a June top for our markets, thats mad, two months to PARTAY!

Hello Nizar,


How are you? Just watching the DAX rallying up 1.56%... CAC up 2%, FTSE lagging at 0.88%... could be interesting. A lot going on right now… Shanghai gained much of its lost ground… up 3.92%.

Now, re McLaren’s call, not sure about this, he’s running a 90 day cycle from the US low… not sure about this, I don’t think that’s the dominant cycle. I have my own projections, but they're too premature to call right now. Depends what happens in the next few days since there were some terminal cycles in Asia and Europe, but not apparently in the US.

The various metals in the CRB index I suspect may still be rallying, and if so, puts paid to the bearish scenarios right now… Zinc for instance is up 2.22%, hence my projection for a bullish blow off move into 21 May (or beyond).

So, yes, tend to agree with the bullish appraisal at present, but with some caution, and suspect that the 90 cycle McLaren is running may not be correct, even though the cycle isn’t a bad fit, just doesn’t “feel” right to me at the moment, hence watching to see how Europe (especially the DAX) and Asia pan out.


Regards


Magdoran

 

[Magdoran]

I am omnipotent enough to not fool myself into thinking i know more than i do, like you..

Hey “onemind” since you are a god (in your own mind), you probably know less than you actually do, but more than you think you do, since the amount of THC consumed is inversely proportional to the alcohol digested.

 

[Kimosabi]

hehe, i use tea leaves..

I saw a program on TV where people actually do this ...

 

[Magdoran]

I saw a program on TV where people actually do this ...

Wow, did they use black tea, red, or green tea?

 

[Kimosabi]

Wow, did they use black tea, red, or green tea?

Not tea, Sun Spot Activity

 

[wayneL]

Wow, did they use black tea, red, or green tea?

I use chamomile.

 

[onemind]

Not tea, Sun Spot Activity

I saw that too. Commodities traders use it to determine what effect sun spots will have on future crops.

Right up there with gann

 

[yogi-in-oz]

onemind,

Have you ever really studied any of Gann's work, at all ... ???

happy days

paul

 

[onemind]

sadly, yes

 

[professor_frink]

I wouldnt and that is my whole point. If people enter an academic debate about whether t/a works or not in spite of ample evidence disproving it the only way to prove it would be to show a working system hence my skeptisism about professor sharing his. And i was right, he shared nothing except for vague descriptions that are useless. Its funny how nobody ever takes me up on that offer

LOL! I told you it wasn't a system onemind. And I never offered to teach or share it with YOU.

Since when was this an academic debate I thought this was a stockmarket forum.

I don't think anyone is going to simply hand over all of their hard work to you, so maybe it would be best for you to stick with your index funds and leave the TA to the astrologers.

 

[tech/a]

One Mind.

4 yrs of Trading a system here.
100s of threads on the topic and 1000s of posts.
You can look back and also follow it week by week.
Fully disclosed.

http://lightning.he.net/cgi-bin/suid/~reefcap/ultimatebb.cgi?ubb=forum;f=74

Ive also P/Md you.

There are a few around that you can follow.

Stevo has a blog and Rosella (Don) has been live demonstrating his for a few years now.

 

[onemind]

LOL! I told you it wasn't a system onemind. And I never offered to teach or share it with YOU

Over time, I'd venture a guess that almost anyone of average intelligence could do it. Maybe you should give it a go.

How could i possibly give it a go if i dont know what it is?

Since when was this an academic debate I thought this was a stockmarket forum.

I know people on this forum have a strong aversion to the academic side of trading so if you would, "Rather make money than talk about it", then please see other threads.

That was the first line of this thread..

So what are you saying? If your a stock trader you should ignore all academic literature about the stock market? Total bs..

You will find the best quants on wall street with PhDs in Physics, Maths, finance, computer science ect ect and i doubt any of them got a job without understanding the statistics of the stock market.. Stick to gann but dont confuse brains with a bull market..

One Mind.

4 yrs of Trading a system here.
100s of threads on the topic and 1000s of posts.
You can look back and also

Thanks T/A but i got banned from reefcap and my ip is blocked so i cant view the forum. I looked in to T/A. What i found interesting on reefcap is if you go back to posts from 2002 you will find yourself and nick saying how hard it is to make money in the current market. It wasn't your systems fault, it was the markets. But now in a bull your success has nothing to do with the market and it is a great system..

This may or may not be the case, however, the T/A system cant be accessed and even when i could, i couldnt get by all the jargon in that thread with the convoluted explainations.

Thanks anyway.

 

[tech/a]

Onetime.

I have all the posts on disk right from day 1
Radge had no input what so ever,never made a comment on any thread.

As for success in Bullmarkets.
I have to laugh everytime I see this.

Most systems and in particular Techtrader are designed to trade trends.
Thats what they do.
If they dont make a profit in a Bullmarket then they arent worth the disk space.

Your proof of profitable systems is there both Rosella and Stevo have links to their methods accessable to you.
However you'll stand by your conviction with arguement regardless of what is presented.

$30k to $400K on 2:1 margin over 4 yrs.

Brainless bullmarket trading---fine Ill take my 370K and be brainless.

 

[onemind]

I never said it didnt work because I haven't even looked at it. And my assumptions weren't meant to be insults.

I would be willing to learn your system, back test it and trade it if I knew how to use it. If you are still offering I would be interested to see that disk. Is it just a floppy therefore being a small file that could be emailed or uploaded somewhere? And does it use t/a indicators for buy and sell decisions?

 

[onemind]

And just a quick question about your $30k to $400k.

That is a 1330% ROI in 4 years.

On the reefcap forum nick revealed he was making around 30% per year and i assumed you were on around 25% per year since you subscribe to his newsletter and you seemed quite happy with that assumption.

25% per year is a lot different to 1330% in 4 years. Is this backtesting results or did you really make it with this system? And if so, why would you dump this system in favour of a discretionary charting system that nick makes 30% per year with?

 

[professor_frink]

onemind-

Over time, I'd venture a guess that almost anyone of average intelligence could do it. Maybe you should give it a go.

How could i possibly give it a go if i dont know what it is?

Sorry, I was referring to trading in general in that statement, not my methods. I said I thought it would be possible to teach someone my way of doing it, but that was never an offer to give you 5+ years of my own work on a silver platter.

I know people on this forum have a strong aversion to the academic side of trading so if you would, "Rather make money than talk about it", then please see other threads.

That was the first line of this thread..

I'll apologise here- it was fairly early this morning when I typed that reply out, I didn't have enough coffee in me! I had forgotten the exact details of your first post.

So what are you saying? If your a stock trader you should ignore all academic literature about the stock market? Total bs..

No, I'm not saying that at all.

You will find the best quants on wall street with PhDs in Physics, Maths, finance, computer science ect ect and i doubt any of them got a job without understanding the statistics of the stock market..

Yes, you will. You'll also find these kinds of people running hedge funds. Despite the obvious intelligence of these people, there are still numerous blow ups. So what exactly is your point here?

Stick to gann but dont confuse brains with a bull market..

Yet another assumption
I don't use gann.
I was trading in 2002, which means I've seen a cyclical bear. Yet to see a secular bear trend, so you may well have the last laugh here- I may fall to pieces when that day arrives. Considering I haven't previously had a problem trading the short side of the market, hopefully it won't be a problem, but then again, you just never know.

 

[yogi-in-oz]

... have you ever actually studied, Gann's astrological trading methods
or any financial astrology for that matter, onemind ..... ???

happy days

paul