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Technical Analysis Fallacy

  • #56,981
  • Feb 17, 2017 3:30pm Feb 17, 2017 3:30pm
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  • #56,982
  • Feb 17, 2017 4:12pm Feb 17, 2017 4:12pm
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  • #56,983
  • Edited Feb 18, 2017 2:25am Feb 17, 2017 5:03pm | Edited Feb 18, 2017 2:25am
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  • #56,984
  • Edited Feb 18, 2017 12:40am Feb 17, 2017 6:00pm | Edited Feb 18, 2017 12:40am
gann angle = quick calculator for impulse?

perhaps it is fashion out for a need to be able to make snappy results without actually doing the maths, sort of a short hand.
he just need to use the accumulation point, start of the move, then put the angle at the start of the move, to detect the impulse factor, urgency of the buying or selling.
so it may have been for detecting strength of trend, and suitability for pyramids.

this is the equation for impulse in physics, he may have taken inspiration from here?
F delta T = M delta V
F = M delta V / delta T
note: V has an embedded T inside it

so the goal here is to understand, the price time factor rather than using the tool, which is the nature of impulse.

that may mean gann's background as a physics master helped him out in trading.
he is not just a mathematics master, he is good at physics as well.
in tunnel through the air, gann mentioned robert was good at physics as he was learning to create inventions.
i believe this is a look back on his life, with some details changed abit here and there.

Law of motion, gann was tracking for acceleration in the law of motion. The average holding time of 20mins, interesting stuff.
  • #56,985
  • Edited 7:46pm Feb 17, 2017 7:09pm | Edited 7:46pm
ab-rh naga

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  • #56,986
  • Feb 18, 2017 1:45am Feb 18, 2017 1:45am
In regards to Technical Analysis...

I've found the the majority of technical analysis is greedy 'traders' who are merely drawing lines & colours onto charts representing price action. Reminding one of kids using crayons. On the face of it, the logic behind support/resistance, oscillation & ratios appears rational. Yet to utilise these principles to trade effectively, to me, is beyond moronic.

Its often been said that hindsight can predict the past with 100% accuracy. And looking back, especially on a price chart, it is awash with patterns, signals and all types of 'tradable' situations. Yet I've never seen or heard of an individual or corporation making significant returns by watching colourful bars react to colourful lines and fancy indicators.

Just as an analogy, could you predict a patients heartbeat by looking at patterns on a monitor? Or would it be more effective to analyse the outside influences that affect the patients heart? (I bring this up as I believe a speculator is, in a way, measuring the 'pulse' of a market.)

The only valid reason I can see for having a Technical Analysis department, is to understand or predict the movements of other technical analysts.

All in all, it appears to me to be a massive oversimplification of an extremely complex and integrated group of systems. (Modern Markets).
Humans are naturally hardwired to avoid and detest uncertainty.
  • #56,987
  • Feb 18, 2017 2:36am Feb 18, 2017 2:36am
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  • #56,988
  • Feb 18, 2017 2:44am Feb 18, 2017 2:44am
Quoting CookieMonsta
gann angle = quick calculator for impulse? perhaps it is fashion out for a need to be able to make snappy results without actually doing the maths, sort of a short hand. he just need to use the accumulation point, start of the move, then put the angle at the start of the move, to detect the impulse factor, urgency of the buying or selling. so it may have been for detecting strength of trend, and suitability for pyramids. this is the equation for impulse in physics, he may have taken inspiration from here? F delta T = M delta V F = M delta V / delta...
yo, found the secret yet?

is in here..

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that aside, long time no see. hope you are doing well
THE ALL is MIND; The Universe is Mental
  • #56,989
  • Edited 3:26am Feb 18, 2017 3:05am | Edited 3:26am
Quoting Jacque
{quote} yo, found the secret yet? is in here.. {image} that aside, long time no see. hope you are doing well
Sup, long time no see, found the secret, but seems like gann has many secrets. But there was 1 he never taught, the law of vibration, or the law of attraction. The Bible and human nature. But I think he understood that, therefore the reference constantly to the Bible.

So how u do'in?
  • #56,990
  • Feb 18, 2017 5:56pm Feb 18, 2017 5:56pm
Quoting CookieMonsta
{quote} Sup, long time no see, found the secret, but seems like gann has many secrets. But there was 1 he never taught, the law of vibration, or the law of attraction. The Bible and human nature. But I think he understood that, therefore the reference constantly to the Bible. So how u do'in?
oh i am doing as good as it can be.

btw, i dont think you have to go beyond recognizing the fact that these laws represent natural movement in the markets due to human nature. well, these were borrowed from science to ease the teaching of his observations & experience or to sell his books. it matters not too much.

remb, you are suppose to get it after 3 reads. seek and you shall find. if you seek madness, you get madness.
THE ALL is MIND; The Universe is Mental
  • #56,991
  • Edited 10:16pm Feb 18, 2017 9:09pm | Edited 10:16pm
Quoting Jacque
{quote} oh i am doing as good as it can be. btw, i dont think you have to go beyond recognizing the fact that these laws represent natural movement in the markets due to human nature. well, these were borrowed from science to ease the teaching of his observations & experience or to sell his books. it matters not too much. remb, you are suppose to get it after 3 reads. seek and you shall find. if you seek madness, you get madness.
Ah, it's no madness, the secret was not in the book.

Though just my opinion, there was real science involved, not what the public thinks, first, there is the fundamentals, like technological changes, aka general conditions, that's the science, then there is the mathematics, which is his mm. Then there is human nature. Because in the past there was no such thing as physics, chemistry and biology, they are all called the natural sciences. It's only later on that it was segregated out.

It's a mindset, a predatory mindset. I hesitated to bring it up, because of some reasons. Like breakout strategies, that's where you can see if they fail and hunt their moves
  • #56,992
  • Feb 18, 2017 10:47pm Feb 18, 2017 10:47pm
Quoting CookieMonsta
{quote} Ah, it's no madness, the secret was not in the book. Though just my opinion, there was real science involved, not what the public thinks, first, there is the fundamentals, like technological changes, aka general conditions, that's the science, then there is the mathematics, which is his mm. Then there is human nature. Because in the past there was no such thing as physics, chemistry and biology, they are all called the natural sciences. It's only later on that it was segregated out. It's a mindset, a predatory mindset. ...
" I hesitated to bring it up, because of some reasons. Like breakout strategies, that's where you can see if they fail and hunt their moves "

well, reading your past few writings, it seems you did in depth research over his book. but the structure & info in which you brought it up, i sensed you have overspend your effort on the subject that it may start to become unproductive. if you seek to win, the process is always predatory.

just a suggestion, maybe you should take some time off
THE ALL is MIND; The Universe is Mental
  • #56,993
  • Edited 12:40am Feb 19, 2017 12:23am | Edited 12:40am
Quoting Jacque
{quote} " I hesitated to bring it up, because of some reasons. Like breakout strategies, that's where you can see if they fail and hunt their moves " well, reading your past few writings, it seems you did in depth research over his book. but the structure & info in which you brought it up, i sensed you have overspend your effort on the subject that it may start to become unproductive. if you seek to win, the process is always predatory. just a suggestion, maybe you should take some time off
Jacque, I thank you for your concern, but the roots did not start from trading, just somewhere else. Much like the trapper story.

So way before trading, I was already exposed to such ideas for competitive arenas. So I didn't seek the subject, it actually found me. When I read the article which gann was interviewed by Richard wyckoff, it occurred to me that was what he was talking about even before I read tunnel thru the air. I didn't have to spend much time deciphering it, just a simple read through.

So this was about 1.5 years ago, so I haven't actually gone on to look for anything more, just a research on customising some stuff for my own use.
  • #56,994
  • Feb 19, 2017 2:07am Feb 19, 2017 2:07am
Quoting CookieMonsta
{quote} Ah, it's no madness, the secret was not in the book. Though just my opinion, there was real science involved, not what the public thinks, first, there is the fundamentals, like technological changes, aka general conditions, that's the science, then there is the mathematics, which is his mm. Then there is human nature. Because in the past there was no such thing as physics, chemistry and biology, they are all called the natural sciences. It's only later on that it was segregated out. It's a mindset, a predatory mindset. I hesitated to bring...

I think all of what is required is in Art of War - it is much deeper and more valuable than I had ever imagined. FTI training is much more than I had ever thought......every aspect needs much study and practice.

Alex
check out the terrain - follow never lead
  • #56,995
  • Feb 19, 2017 3:27am Feb 19, 2017 3:27am
Quoting alexandria
{quote} I think all of what is required is in Art of War - it is much deeper and more valuable than I had ever imagined. FTI training is much more than I had ever thought......every aspect needs much study and practice. Alex
yep, all is in AoW, and there is probably one saying in chinese too,养兵千日，用在一朝.
it means to hone your blade and skills only to be used for that 1 fateful day and to always be prepared, and the only way is to improve and train everyday.
  • #56,996
  • Feb 19, 2017 7:36am Feb 19, 2017 7:36am

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https://www.youtube.com/watch

regards
  • #56,997
  • Feb 20, 2017 3:56am Feb 20, 2017 3:56am
Quoting fti
https://www.youtube.com/watch?v=pV7uqCwpJDU https://www.youtube.com/watch regards
...well I hate a sad ending.....
check out the terrain - follow never lead
  • #56,998
  • Edited 2:55pm Feb 20, 2017 12:35pm | Edited 2:55pm
Quoting alexandria
{quote} ...well I hate a sad ending.....
it not ended yet.

His thoughts formed the backbone created China as a nation fron the Chin dynasty thru many dynastys.
if you think this is sad. This the romantic version.
There is one writings, wrote that he was convicted by his own rules and splited into 5 pieces by 5 horses. wo ma fen lieh. This version more sad.

https://en.wikipedia.org/wiki/Shang_Yang

if you like , there is skits/drama/a movie version of his life story including some interpretations.
"Qin Empire ""大秦帝國""大秦帝国"2009 Chinese television series based on Sun Haohui's novel of the same Chinese title.Qin dynasty | China [221-207 BC] was the first imperial dynasty of ancient China. It was founded by Ying Ching 嬴政, king of Chin..... should read as Chin(a) Empire.

regards

lots things in life over our heads think about. here enjoy some beautiful music, compliments of peaches.never ending beauti, nice way start new day.
https://www.youtube.com/watch?
  • #56,999
  • Feb 20, 2017 11:45pm Feb 20, 2017 11:45pm
Quoting fti
{quote} it not ended yet. His thoughts formed the backbone created China as a nation fron the Chin dynasty thru many dynastys. if you think this is sad. This the romantic version. There is one writings, wrote that he was convicted by his own rules and splited into 5 pieces by 5 horses. wo ma fen lieh. This version more sad. https://en.wikipedia.org/wiki/Shang_Yang if you like , there is skits/drama/a movie version of his life story including some interpretations. "Qin Empire ""大秦帝國""大秦帝国"2009...

... sorry not time to investigate story yet.......but why the girl gotta do the honour thingy......



...... thanks for music..

Alex
check out the terrain - follow never lead
  • #57,000
  • Edited 6:20am Feb 21, 2017 4:29am | Edited 6:20am
ou
Quoting alexandria
{quote} ... sorry not time to investigate story yet.......but why the girl gotta do the honour thingy...... ...... thanks for music.. Alex
ancient old chinese thingy.
honourable follow unto the end.
In ancient times, is believed that when head kicks bucket, a whole generation of peeps disappears. the filial piety it no more exist. i think.
anyone still practise it would be deemed mad in today's environment. only romeo and juliet. maybe not mad.

regards

ooops but that was also ancient.

anyway, its in writings, I don't really know, that time 207BC I still very liquid. probably was the law of the times. Or maybe the pen heard copied from remeo, anyway there are different accounts of the his story. to me the 5 horse thingy seems more real. maybe, i really don't know. for certainty. My interest was mainly on his works, and how his own laws was used dispose him. and the music score is pretty good. no?
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