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Attachments: False Prophets
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False Prophets

Note how I posted a comment on pivots and the snowflake gang jump on board attacking me. What a bunch of losers, get a life mudflaps.
Quoting EcoTrader
{quote} What do you think the reaction is?
Yeah why trading the reaction ecotrader ? to catch momentum. guess what momentum also occurs on no news AND sometiems red impact news do not generate momentum.

so instead of wasting time looking at the news, I simply trade momentum. without missing opportunities LOL

Oh how do I know that momentum and trend following works ? because of statistics.
Quoting HeyYou
{quote} Yeah why trading the reaction ecotrader ? to catch momentum. guess what momentum also occurs on no news AND sometiems red impact news do not generate momentum. so instead of wasting time looking at the news, I simply trade momentum. without missing opportunities LOL Oh how do I know that momentum and trend following works ? because of statistics.
Without knowing what's behind the move you are simply assuming you are trading momentum and have zero idea as to the significance or potential. It's like watching people run into a building and running in yourself following them regardless of the fact that the building is on fire.

Knowledge is power and all you have is price moving not knowing if it will reverse in a moments notice. Take NFP for instance where the headline beat expectations and there was a small spike buying $ only to reverse totally and sell off. You and your single sighted momentum would have been caught in that while the fundamentals trader would have sold into your buying, why, because the fed are more concerned about wages than employment right now and wages missed expectations. Don't tell me you would have traded both ways because that implies you have a magic crystal ball. Without knowing the context of what's happening you simply doing lucky dips.
Quoting EcoTrader
because the fed are more concerned about wages than employment right now and wages missed expectations..

sure sure...that is your own assumption and you know.

Quoting EcoTrader
Don't tell me you would have traded both ways because that implies you have a magic crystal ball.
No it's called STOP LOSS, something you don't know about (I saw your TE) . try using it.. you0ll notice that you can cut the loss and enter in the opposite direction.

good luck!
whatever
Quoting HeyYou
{quote} sure sure...that is your own assumption and you know. {quote} No it's called STOP LOSS, something you don't know about (I saw your TE) . try using it.. you0ll notice that you can cut the loss and enter in the opposite direction. good luck!

Still responding to someone on your ignore list. Can't you control your emotions?

Cut losses and enter in the opposite direction? How do you know it won't turn on you again? That's called chasing price and it never ends well. Again, without knowing what's going on you are just trading lucky dips. Good luck with that. I have yet to see a successful momentum trader, they all die by a thousand cuts.
Quoting EcoTrader
{quote} Still responding to someone on your ignore list. Can't you control your emotions? Cut losses and enter in the opposite direction? How do you know it won't turn on you again? That's called chasing price and it never ends well. Again, without knowing what's going on you are just trading lucky dips. Good luck with that.
That's why I rely on certain areas where momentum is likely to occur and don't just blindly reverse the position.

about the ignore.. it might be to view your posts occasionally. there's a button "view post" in case you don't know.
Quoting HeyYou
{quote} That's why I rely on certain areas where momentum is likely to occur and don't just blindly reverse the position. about the ignore.. it might be to view your posts occasionally. there's a button "view post" in case you don't know.
Certain areas. You mean hindsight historical prices foretelling the future. Best of luck with that snowflake.

View post and yet you reply, completely ignoring the ignore feature. Bravo
ODE TO EMPIRICISM

https://www.forexfactory.com/showthr...6#post11134966


amazing post from C.
Attached Image
Quoting EcoTrader
{quote} Hahahaha, lack understanding. You only need to look at broker statistics to see the magnitude of failure. I'm sorry if you have bought into the arguably retarded idea that historical prices have any relevance on future direction. Don't tell me that banks who spend vast amounts of money on news terminals and teams of analysts are all just wasting their time and money when they could simply be looking at hindsight to yield the same outcome. Only a fucking retard believes this and I guess that answers who you are.
You are the fucking retard that admits in your idiotic reply that there is a magnitude of failure in trading. It's your convoluted way of saying the old cliche that 95% of traders fail. In other words, 5% win.

1- Now dumb ass, that 5% or whatever % that is winning, are they winning because they use your old regurgitated and manipulated news or are they using TA tools? How do you know?

2- You have no clue which is which. It takes only one person with the ability to use TA to be in that 5% to throw your stupid claim about TA not working down the cavern of all the other stupid ideas you have ever posted on this forum like an incurable diarrhea. Is there 1 person in the world that uses TA successfully?

3-In your flip flop of your meandering claims, you are also claiming that no EA aka robot can use TA numbers to win in trading Forex as well. To all traders that use TA manually and by EA you look like a buffoon but does a buffoon know he is a buffoon? I doubt it. Is there 1 EA in the world that uses TA successfully?

Besides having a brain filled with shit and using it to throw up shit all the time, I need you to directly address all the 3 points above.
Quoting mistakesr
{quote} It's called ego, just another reason I find this place so funny, it's full of them, egotistical maniacs.
Good point.= EgoTrader.
Fits like a glove!
Quoting OutThere
{quote} Good point.= EgoTrader. Fits like a glove!
Get over yourself snowflake. Stop being a batty boy
Quoting OutThere
{quote} You are the fucking retard that admits in your idiotic reply that there is a magnitude of failure in trading. It's your convoluted way of saying the old cliche that 95% of traders fail. In other words, 5% win. 1- Now dumb ass, that 5% or whatever % that is winning, are they winning because they use your old regurgitated and manipulated news or are they using TA tools? How do you know? 2- You have no clue which is which. It takes only one person with the ability to use TA to be in that 5% to throw your stupid claim about TA not working down...

Right fucktard I have said many times before and I am sorry you are incapable of reading, but I have never said TA doesn't work as a blanket statement. Is this how you throw your toys out the cot? Shall I post you a dummy to suckle on later or do you prefer a teet.


Fact is shit for brains, very very few professional traders in the commercial side trade with hindsight bullshit. I know this because I have spent the last 20 years working with them. I have posted contracts on this forum somewhere with another pleb like you who didn't believe it.

Manipulated news? Are you really that stupid. Show me just one economic release that's manipulated moron. Its illegal shitlips but go ahead and fit your sad little narrative to the situation. It's all you have to offer, nothing that comes out your brain is remotely useful to anyone.
Quoting EcoTrader
{quote} Right fucktard I have said many times before and I am sorry you are incapable of reading, but I have never said TA doesn't work as a blanket statement. Is this how you throw your toys out the cot? Shall I post you a dummy to suckle on later or do you prefer a teet.
Okay dumb shit. So, TA works and obviously many people (not you) are using it correctly and making money. In other words your news reading hobby is just another method that you really really like to push because that is the only thing you apparently are good at.

Well, I am glad you fill your time with something. Now let the rest of us who know how to use TA do our thing and next time you claim you are leaving the forum, please do it for good.
Quoting OutThere
{quote} Okay dumb shit. So, TA works and obviously many people (not you) are using it correctly and making money
What planet are you living on. Broker reports show 80% of retail trader fail and those reports numnuts, are a snapshot in time. Idiots like you get lucky from time to time so it skews the accuracy of those reports. If they were scoped at say 3 to 6 months averages,then it would be well over 95% fail. Yes that's 95% of technical analysis traders failing. Every single professional trader I know and from what I have seen over the many years in this industry, apply fundamentals as a directional bias, not fucking charts. Prove me wrong, show me just one account for a trader that's technical only and has lasted more than 12 months.
Quoting EcoTrader
{quote} Right fucktard I have said many times before and I am sorry you are incapable of reading, but I have never said TA doesn't work as a blanket statement. Is this how you throw your toys out the cot? Shall I post you a dummy to suckle on later or do you prefer a teet. Fact is shit for brains, very very few professional traders in the commercial side trade with hindsight bullshit. I know this because I have spent the last 20 years working with them. Manipulateed news? Are you really that stupid. Show me just one economic release that's manipulated...
Ok, ding dong, you added to your response. You are still fuming. I obviously shoved some fire up ur ass and it is burning you up from inside.

Yes there have been economic news that have been amended up or down days or weeks afterwards. Since you are such a news jockey, you must have certainly heard about them but maybe not. Maybe you only read PlayBoy....for the articles> Right?

Besides, in your news promotion claims, you mostly say news. Many companies fake news. You have been hanging out with professionals for 20 years as coffee boy or cleaner or whatever your unhired sub contractor capacity was and you never noticed the hype and dump scheme they use to attract unwitting speculators and once they have their funds commuted, they dump the shares for a quick big profit and then the bad news comes? You never heard that? Stop jerking off reading PlayBoy then.
Quoting EcoTrader
{quote} What planet are you living on. Broker reports show 80% of retail trader fail and those reports numnuts, are a snapshot in time. Idiots like you get lucky from time to time so it skews the accuracy of those reports. If they were scoped at say 3 to 6 months averages,then it would be well over 95% fail. Yes that's 95% of technical analysis traders failing. Every single professional trader I know and from what I have seen over the many years in this industry, apply fundamentals as a directional boas, not fucking charts. Prove me wrong, show...
Dumb dumb. Where do you get your stats that the majority that are losing are using TA and the minority that is winning is using your PlayBoy news to win?

You are just making that shit up. I guess you are used to made up shit and now you have become it.

I have an offer for you.

We start a thread. We open real accounts. We post TA's on the thread. I use my robots which act on numbers generated by indicators plus I use TA for my manual entries. You use your PlayBoy or whatever other jerk off material you read to do your trades. If I make money, using TA, you can eat shit but you already eat it through news reading. They feed you well obviously. Are you game?
Quoting OutThere
{quote} Ok, ding dong, you added to your response. You are still fuming. I obviously shoved some fire up ur ass and it is burning you up from inside. Yes there have been economic news that have been amended up or down days or weeks afterwards. Since you are such a news jockey, you must have certainly heard about them but maybe not. Maybe you only read PlayBoy....for the articles> Right? Besides, in your news promotion claims, you mostly say news. Many companies fake news. You have been hanging out with professionals for 20 years as coffee boy or...
Amended is not manipulation shit head, it's late data that's come in and it's called a revision, a normal part of economic data. I don't trade fake news because I don't read morons anonymous like you do next to the flat earth theorists. Coffee boy, I have posted contracts on here so nice try fudge packer, you really grasping at straws because your TA arguments aren't working so now you have progressed to attacking me personally. Your assumption on manipulation shows you are wet behind the ears and frankly a hopeless conspiracy theorist.

Why don't you man up and come talk to me about the market instead of being a wimp and attacking me personally like a fucking loser that can't get his way so has to become a kid.
Quoting OutThere
{quote} Dumb dumb. Where do you get your stats that the majority that are losing are using TA and the minority that is winning is using your PlayBoy news to win? You are just making that shit up. I guess you are used to made up shit and now you have become it. I have an offer for you. We start a thread. We open real accounts. We post TA's on the thread. I use my robots which act on numbers generated by indicators plus I use TA for my manual entries. You use your PlayBoy or whatever other jerk off material you read to do your trades. If I make money,...

Oh god help me from this idiot. Go to any broker site, they are obligated to report their client stats shit for brains. It's there in the small print, oh yeah fucktards like you don't read small print. As to the majority, just look at this forum, 99% of posts are technical analysis related. Go to Amazon, 99% of trading books are technical analysis related. Go to the Web and search for trading education including YouTube and it's all technical analysis related. Maybe if you shoved cow shit in your shoes you'd grow a brain.
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