For those of you who believe in technical analysis ;D

1st = AUD/USD today
2nd=USD/CAD today

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You say TA will not work because it is being controlled by a deliberate action in order to trap traders into positions from which price will be moved against them.

Its easy to find price chart patterns that did not work for the traders who were long/short because many patterns have little more than a 50% success rate. Even if the win rate is as good as 60%, that leaves an abundant supply of failed signals or false moves. From there its easy to allege with no evidence whatsoever that the TA was manipulated.

But repeatedly positing such charts takes us no further forward.

Please either -

  1. post evidence of the deliberate action behind the price moves
    or
  2. post details of a better means of trading
    or
  3. just take your sad little life somewhere else.

Do you want evidence/
watch todays nonfarm payrolls and you’ll get your evidence . :kissing_heart:

Bro I thought i gave you evidence,just scroll this page up and you will see plenty of them :kissing_heart:

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No, that’s not evidence of anything being done, that’s just evidence of price movements. That’s just more of your same waste of time charts and opinions. We all see the same price movements - you say they are controlled - provide proof they are controlled in the way you say by the people you say. Otherwise you are just full of BS.

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But i think he will use NONFARM PAYROLLS to stop them,he cand hold price till then

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He who?

And how are you trading this?

As I see all currencies with usd pair,are in consolidation phase :sweat_smile:
I think that was done intentionally,he gives time to everyone to buy and to sell,so that they accumulate their positions,then of course with that news ,he will stop everyone;D

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How did you trade this?

i just saw his huge sell limit order here,and i saw that everyone is on buy positions,so everyone bought from his limit order,thats how he opens his trades. Then he stopped them out,i thought he would do this when i first time went sell orders,but he moved price against his first trade,that was done because everyone will buy even more,he cant open his trades from first time,his limit order its too huge to be satisfied from one time,and then all i did was to see again that everyone is on buy and i just sold :kissing_heart:

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And you still say TA doesn’t work?

I am sorry,i dont get your point… :sleepy:

He used NFP news to stopp out those who believed that suport turned resistance on USDJPY

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But you used TA to turn a profit from the same chart. And because price fell dramatically, suggesting massive volume and capital went that way, you were not alone.

What volume/
What capital/
And wich way are you talking about/ :slightly_smiling_face:

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Did you trade this move and did you make a profit?

I took those trades,and as you see made some profit,but;
i knew where the price will go ,without even looking at volume or at some capital,because i could not know this hours before that new…

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So when price goes up you sell and when price goes down you buy. And this works for you. Do you think that’s not TA?

it is,but totally different TA :slightly_smiling_face:
I sell only if i see his limit order and that majority are on buy side.
And vice versa


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