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Why do people say TA doesn't work? Anonymous Fri Apr 10 07:54:55 2020 No.18390318 [Reply] [Original]

If markets were truly random, why don't BTC go to like 20k, 33k, 1k, 400, then jumps to 43k all the time?

>>	Anonymous Fri Apr 10 07:55:31 2020 No.18390323 >>18390318 Who said they were random?

>>	Anonymous Fri Apr 10 07:56:07 2020 No.18390328 >>18390318 Trend analysis is nothing more, nothing less than an analysis of trends.

>>	Anonymous Fri Apr 10 07:56:23 2020 No.18390331 >>18390318 i am not able to rightly apprehend the kind of confusion of ideas that could provoke such a question

>>	Anonymous Fri Apr 10 08:01:48 2020 No.18390377 >>18390323 all ETF cucks everywhere?

>>	Anonymous Fri Apr 10 08:05:14 2020 No.18390401 its not waterproof, but its a good way of finding a good price to buy a certain thing

>>	Anonymous Fri Apr 10 08:06:36 2020 No.18390410 >>18390318 because at its core you're using past results to predict future results, which doesn't work on a fundamental level.

>>	Anonymous Fri Apr 10 08:13:06 2020 No.18390463 >>18390410 why not? humans are humans and markets are markets Stairs up elevator down moves can be seen on ALL charts

Anonymous Fri Apr 10 08:14:10 2020 No.18390481

>>18390318
TA only works on short timeframes
it works because volume preceeds price its the golden rule but it only works when you have real volume data which is why market makers keep volume data for themselves, what you think youre seeing as volume in your shitty little app is just tick-volume thats calculated based on frequency and movement not real volume, even the level II quote data isn't accurate or available for retail fags because thats how institutions make money.

>>18390328
thats not what TA stands for retard

>>	Anonymous Fri Apr 10 08:15:43 2020 No.18390495 File: 49 KB, 1297x538, spx5.png [View same] [iqdb] [saucenao] [google] >>18390481 Or long Look at the weekly 200MA on SP500 and tell me it's not the best trend line indicator ever buy above, sell below and wait

>>	Anonymous Fri Apr 10 08:16:14 2020 No.18390502 >>18390481 oh yeah haha whoops

>>	Anonymous Fri Apr 10 08:17:54 2020 No.18390520 >>18390495 MA is a lagging indicator, its only usefull in hindsight. thats what Im saying, only volume based TA is reliable because volume preceeds price, everything else is lagging

>>	Anonymous Fri Apr 10 08:21:30 2020 No.18390555 >>18390520 of course it is, but I don't wanna do realtime trades I wanna wait until a trend is confirmed

>>	Anonymous Fri Apr 10 08:26:02 2020 No.18390609 >>18390377 You or they don't understand what random means. Unpredictable =/= Random

>>	Anonymous Fri Apr 10 08:28:00 2020 No.18390625 >>18390609 enlighten us then wise sir anon

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