@samiswilf, If I put a buy order at 3.5K it will never get there. If I put one at 5.5K it probably will. I'm debating if I should help you all out.
samiswilf
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@Sabibaby, look at Signal Swiss's page. He's the best trader on tradingview. His track record is proof.
Sabibaby
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@samiswilf, Seen his stuff, seems legit. TA is hocus-pocus as far as I'm concerned. I'm not much of a trader, just get lucky now and then. Seems risky to trying to make money off of Internet opinions but good for you if you can!
SloppySeconds
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@Sabibaby, How can you say TA is 'hocus-pocus' if you haven't studied it enough ( '...not much of a trader...' ) to form an educated opinion?
Not to be an ass but alot of people whon look at TA without any education in it say the same thing. Engine repair to those people who aren't educated in it will also find the inner workings of the combustion engine magic. TA gives you possible paths. If A is found invalid then it will do B. If A remains valid (according to set criterea) then the path will do C. Identify key price levels for these crossroads and you have a way out of the market's misty haze.
Sabibaby
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@SloppySeconds, I see contradiction in different posts but you're right that I don't know enough to know who is right and who is wrong. I think it's more about having a higher percentage of being right and good money management to minimize losses.
justforex
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@SloppySeconds, @Sabibaby is actually closer to truth than you realize. TA that you find here for the most part is very much hocus pocus if you looking for actionable insights. charts with levels 1/2/3 bars apart when the spread is the sum ttl of those bars, that is 100% unactionable. Since I dumped TA and My accounts have benefited greatly, Maybe TA if you need to find your stops but even then, if your leverage is correct and and you play into a move building up your stop can be days away with barely any noticable risk on your account. TA to find the possible path of two options..... its just overthinking it for my style of trading. and it works, so far... another 5 years and if I am still around its working... on a long enough timeline everyones odds goto zero