The biggest lie about divergence in trading | Page 7 | Forex Factory

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The biggest lie about divergence in trading

  • #121
  • May 21, 2016 12:34pm May 21, 2016 12:34pm
Quoting seahorse
{quote} PS: Im just a troll
Yes, we know.

The problem with most traders (and trolls) is they're always looking for that "one" thing that will work all the time. They refuse to acknowledge, accept or understand there are more pieces to the puzzle than any "one" thing (in this case divergence) to build the complete picture. Even when experienced traders try very hard to explain that.

So, because there's no "one" thing that fits their "magic bullet" idea to being successful, they spend their time and energy running around convinced trading can only be a loosing endeavor and spouting nonsense instead of putting in any time actually learning anything. Kind of sad really.

But, oh well. NEXT!
Ghost Rider - WWTBMD?
  • #122
  • May 21, 2016 12:41pm May 21, 2016 12:41pm
Quoting albchr
{quote} Yes, we know. The problem with most traders (and trolls) is they're always looking for that "one" thing that will work all the time. They refuse to acknowledge, accept or understand there are more pieces to the puzzle than any "one" thing (in this case divergence) to build the complete picture. Even when experienced traders try very hard to explain that. So, because there's no "one" thing that fits their "magic bullet" idea to being successful, they spend their time and energy running around convinced trading can only be a loosing...

You're absolutely right.
Sorry, that I was taking up your (and all the others) precious time with my nonsense.

Again ... I'm just a troll, not take me seriously.

I wish you a good and profitable week
  • #123
  • May 21, 2016 12:49pm May 21, 2016 12:49pm
Quoting seahorse
{quote} You're absolutely right. Sorry, that I was taking up your (and all the others) precious time with my nonsense. Again ... I'm just a troll, not take me seriously. I wish you a good and profitable week
LOL ... no apology needed. You can't possibly waste my time.

This is just a little Saturday fun for me as I go over my useless charts, looking for worthless clues to plan the next losing trade.

And no worries. I (and I'm sure many others) do not take you seriously.
Ghost Rider - WWTBMD?
  • #124
  • Edited 3:43am May 22, 2016 3:08am | Edited 3:43am
Quoting albchr
{quote} Once again a great display of you're complete lack of understanding and 1 dimensional thinking. (I'd say 2 dimensional but your thinking doesn't even rise to being flat) Failed patterns do NOT go ignored by real traders as they provide just as much information as ones that hold. You and this seahorse character should really start your own thread for the clueless.
You are are saying in fact that patterns (divergence et al) are unreliable. Your are clueless about what will happen, therefore you have to wait for some price confirmation "after the fact" (hindsight) to get a "complete picture based on other pieces of the puzzle" (some other voodoo). You might as well use tea leaves for your trading decision: it does offer some great patterns also.

Attached Image
  • #125
  • May 22, 2016 4:03am May 22, 2016 4:03am
Quoting Mingary
{quote} You are are saying in fact that patterns (divergence et al) are unreliable. Your are clueless about what will happen, therefore you have to wait for some price confirmation "after the fact" (hindsight) to get a "complete picture based on other pieces of the puzzle" (some other voodoo). You might as well use tea leaves for your trading decision: it does offer some great patterns also. {image}
As usual, you're 100% wrong. I never said any such thing. Although I completely understand why you would interpret my words that way. Just because you're 100% clueless about trading doesn't mean everyone is.

As FF's lead troll (now red label I see ), I find it amusing how you never seem to spam any successful pattern traders thread here. (You know who they are) Why not go tell all of them why their approach won't work according to all your supposed knowledge?

If you only came back when you have a clue, you'd be away for quite some time. Perhaps you could start by dropping the tea and drinking coffee.

Anyway, I won't bother you anymore. Nor will I respond until you have something intelligent to say. That should keep me away for quite some time.
Ghost Rider - WWTBMD?
  • #126
  • May 22, 2016 4:50am May 22, 2016 4:50am
Quoting albchr
{quote} As usual, you're 100% wrong. I never said any such thing. Although I completely understand why you would interpret my words that way. Just because you're 100% clueless about trading doesn't mean everyone is. As FF's lead troll (now red label I see ), I find it amusing how you never seem to spam any successful pattern traders thread here. (You know who they are) Why not go tell all of them why their approach won't work according to all your supposed knowledge? If you only came back when you have a clue, you'd be away for quite...
You are making a rather poor attempt at backpedaling (:
it means that after you have said something you wish you hadn't said, you begin to deny that you said it, or claim that you didn't really mean what you said, or claim that the other person misunderstood you.
You know I am right, don't you. Whatever it is that you (rhetorical you) are doing to make a few pips once in a while has nothing to do with any "pattern" that you imagine seeing.
  • #127
  • May 22, 2016 4:53am May 22, 2016 4:53am
Quoting Mingary
{quote} You are making a rather poor attempt at backpedaling (: it means that after you have said something you wish you hadn't said, you begin to deny that you said it, or claim that you didn't really mean what you said, or claim that the other person misunderstood you. You know I am right, don't you. Whatever it is that you (rhetorical you) are doing to make a few pips once in a while has nothing to do with any "pattern" that you imagine seeing.
prove that divergence doesn't exist
  • #128
  • May 22, 2016 5:08am May 22, 2016 5:08am
Quoting Mingary
{quote} You are making a rather poor attempt at backpedaling (: it means that after you have said something you wish you hadn't said, you begin to deny that you said it, or claim that you didn't really mean what you said, or claim that the other person misunderstood you. You know I am right, don't you. Whatever it is that you (rhetorical you) are doing to make a few pips once in a while has nothing to do with any "pattern" that you imagine seeing.
I said INTELLIGENT Ming

I haven't "back peddled" anything. I stick to my statement 100%. Perhaps you should reread my original post until you actually "get it" (if you can). Then we'll have a base from which to proceed.
Ghost Rider - WWTBMD?
  • #129
  • May 22, 2016 5:09am May 22, 2016 5:09am
Quoting Don96
{quote} prove that divergence doesn't exist
Of course they exist ... but they are BS
Like Fibs and MAs ... the list (BS) is huge
  • #130
  • May 22, 2016 5:10am May 22, 2016 5:10am
Quoting seahorse
{quote} Of course they exist ... but they are BS
okay explain how...
  • #131
  • May 22, 2016 5:11am May 22, 2016 5:11am
Quoting Don96
{quote} prove that divergence doesn't exist
He can't Don, and thus never will. Anyway enough wasted time here. Ming will NEVER understand anything but his own rhetoric. He can't, even if he had any desire to. Let him wallow in his mistaken views.
Ghost Rider - WWTBMD?
  • #132
  • Edited 5:32am May 22, 2016 5:14am | Edited 5:32am
Quoting Don96
{quote} okay explain how...
If you know how the market operate ... you understand.
TA is pure entertainment

PS: I know, I know ....
Im a newbie and a troll.
  • #133
  • May 22, 2016 5:18am May 22, 2016 5:18am
Quoting seahorse
{quote} If you know how the market operate ... you understand.
I'm fully aware, instead of making out like you do... why don't you elaborate on how they are bs...
  • #134
  • May 22, 2016 5:30am May 22, 2016 5:30am
Quoting albchr
{quote} I said INTELLIGENT Ming I haven't "back peddled" anything. I stick to my statement 100%. Perhaps you should reread my original post until you actually "get it" (if you can). Then we'll have a base from which to proceed.
Proper English: To backpedal not backpeddle (or "back peddle")

 

  1. backpedal verb [i] (CHANGE OPINION)

› to change an opinion that you had expressed before, or do something different from what you had said you would do.

Some people make a similar mistake when they say "test your metal", it should be "test your mettle" so you know .. (:

The only base we can proceed from is the fact that patterns have no meaning, no predictive value and they are used by some to make some (erroneous) assumptions about market direction.

  • #135
  • May 22, 2016 5:44am May 22, 2016 5:44am
Quoting Mingary
{quote} Proper English: To backpedal not backpeddle (or "back peddle") backpedal verb (CHANGE OPINION) to change an opinion that you had expressed before, or do something different from what you had said you would do. Some people make a similar mistake when they say "test...
Thanks for the English lesson But it still doesn't fit me.

Now, rather than continuing your art of avoidance and changing subject matter, why not show me and others WHY patterns are erroneous? And please don't pull your typical "why should I have to prove they're erroneous when I'm not saying they're not" crap.

There are thousands of pages, 10's of thousand of posts (with charts) that prove they DO have value to those who understand them.

Your turn ....
Ghost Rider - WWTBMD?
  • #136
  • May 22, 2016 5:48am May 22, 2016 5:48am
The funny thing here is, I don't personally use divergence but I know several successful traders who do as part of their TA.
Ghost Rider - WWTBMD?
  • #137
  • May 22, 2016 5:51am May 22, 2016 5:51am
Quoting albchr
The funny thing here is, I don't personally use divergence but I know several successful traders who do as part of their TA.
If you trade just for having some fun, works perfectly.
  • #138
  • May 22, 2016 5:53am May 22, 2016 5:53am
Quoting seahorse
{quote} If you trade just for having some fun, it works perfectly.
What would you know? You don't even trade.
Ghost Rider - WWTBMD?
  • #139
  • May 22, 2016 5:58am May 22, 2016 5:58am
I'm still waiting for the proof that divergence doesn't exist or doesn't work... so far you have both diverged away from the reply...
  • #140
  • May 22, 2016 6:00am May 22, 2016 6:00am
Quoting albchr
{quote} What would you know? You don't even trade.
After all, the troll is not me.
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