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File: 409 KB, 2014x1474, btcusd_4h_04102018_1.png [View same] [iqdb] [saucenao] [google]
11294403 No.11294403 [Reply] [Original]

If TA is a meme, then why does it predict so perfectly?

>> No.11294418

The only thing that isn't a meme is Fibonacci lines

>> No.11294455

>>11294403
It always works until it doesn't

>> No.11294460

>>11294403
>what is a statistical probability
it's not magic, just maths

>> No.11294478

>>11294418
>Fibonacci lines
What kind of pasta is that?

>> No.11294498

>2-6hr RSI topping
>MACD seeming to indicate a bearis market for the next couple of hours
>upward barting not completed yet
>+these trend lines
get your shorts up

>> No.11294568
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11294568

Tfw dad made quarter mill trading cyptos by gut feeling and ive been trying to trade forex with TA for 3+ years and ain't made shit

>> No.11294801

>>11294568
>boomer wins on crypto while zoomer lose on boomer stocks
kek

>> No.11294834

>>11294403
ta is always right in retrospect once you adjusted the lines

>> No.11294986

>>11294403
TA is always right when looking backwards and not forward

>> No.11295063

>>11294403
TA is always right if observing the time before and not the time ahead

>> No.11295094

It's called lagging indicators you stupid fuck.

Lmao you're so fucking dumb. I bet you watched a bunch of youtube tutorials and now call yourself a day trader to people IRL instead of admitting you're a NEET loser.

>> No.11295103

Reminder TA is not meant to be used to predict the future

>> No.11295112

>>11294403
>If TA is a meme, then why does it predict so perfectly?
are you retarded? The chart moves over your retarded meme lines like 4 times

>> No.11295119

>>11295112
yeah but just for short intervals.

>> No.11295132
File: 72 KB, 598x792, 1498949421162.jpg [View same] [iqdb] [saucenao] [google]
11295132

>>11295119
>it's always right when it isn't wrong

>> No.11295152

TA is good to track support levels and see when something moves out of a up/down channel. Combined with volume, MACD, Bollinger Bands and RSI, it's a good way to figure out market sentiment.

I agree that in retrospect, it looks perfect.

>> No.11295256

Anybody got any analysis of wti crude 1h ?

>> No.11295842
File: 33 KB, 517x413, space-dad-interrupts-ur-comfy.jpg [View same] [iqdb] [saucenao] [google]
11295842

>>11294568
Hey son! I just passed a quarter mil trading memecoins! How ya doing with the S&P??

JUST
U
S
T

>> No.11295869

>>11294478
its a mix between fussili and penne

>> No.11296321

>>11294460
Not maths, quick maths