Disliked{quote} This does not mean that they behave in the same way. They are statistically different. Run statistical tests for serial correlation and you'll see. Statistical fact.Ignored
Is it just me or is cable acting random? 48 replies
Is random really random? 231 replies
Charts, Charts, Charts! 1 reply
Random charts 2 replies
EURUSD prediction poll for fun 5 replies
Disliked{quote} This does not mean that they behave in the same way. They are statistically different. Run statistical tests for serial correlation and you'll see. Statistical fact.Ignored
Disliked{quote} No, don't need to communicate w/ individual traders when dealers report theirs and larger player's orders & positions for me. Not at which second, but at what price level(s) and usually who they are trading for. Ex; Eur/Chf has a very large trader's buy order @ 1.2005. If the market moved randomly, then why did it not go down below 1.20 last year. Nope, don't care to waste time knowing 'strategies' Idk what a chartist is.Ignored
DislikedThanks! Idk why it doesnt show up sometimes. Oh, ok. Ya I dont look at the chart too much. Seems like I'm always late to the party when I trade with only the chart.Ignored
DislikedThe way to ask the question, the answer is "not a single one". Because you want to prove some method can predict a random event which per definition is impossible."Ignored
DislikedRandom has got 7 meanings in English :-/ To clarify, I mean the next bar is a stochastic variable. Let me flip a coin and ask you to guess the result. To your best knowledge, it's either HEAD or TAIL. No reason to privilege any. You don't even know whether the coin is fair or not! So your best prediction is 50%-50%. Here the uncertainty comes from the non-deterministic process to generate the outcome. I now toss the coin but hide the result. The result is now fully determined and won't change any more. It is a constant. Yet your prediction can still...Ignored
DislikedYourself sir. First sentence of the first post "i've tested random charts with chandlesticks."Ignored
Disliked{quote} what is a random chart? how does it differ from a normal chart?Ignored
that will require me to learn statistics.
DislikedYou're not the only one to believe so http://www.forexfactory.com/showthread.php?t=410598 But I think his title is wrong. If TA can profit from a puppy chart it makes it quite powerful IMO.Ignored
QuoteDislikedtechnical analysis on the internet is garbage from an empirical point of view . it doesn't work.
the concept on the other hand that patterns repeat themselves works but you have to discover something yourself.
either you train your instinct either you objectively define what you see.
QuoteDislikedwhat do you think a statistical edge is? let's talk numbers.
Disliked{quote} A statistical edge in trading is an ability to derive profits above random chance.Ignored
DislikedYou can use Monte Carlo simulations to run TA approaches on 10 years of random data and 10 years of actual market data and I can assure you that you will find very significant differences (I just performed this experiment, 100K simulations). I now have this information - knowing the exact quantitative difference - while you lack it, because you don't know statistics. See what I'm saying?Ignored
QuoteDislikedactually what you're saying is that your work in ta is useless.
QuoteDislikedthey will fail long term