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RE: Stratis/BTC: Pattern Expected to Remain Intact
Moving averages are absolute bullshit, don't upvote yourself here and make people lose money, thank you.
Moving averages are absolute bullshit, don't upvote yourself here and make people lose money, thank you.
@bubke I agree, these people are basically drawing a bunch of curves on graphs and claiming to be professional economists.
Would be interesting to hear why you think that, since you seem to have such a strong opinion about it?
I get more positive feedback than negative, so no, I'm not gonna hold back on providing value and starting discussions.
Just drop your moving averages, good start. I am not saying your intentions are bad, i am just saying MA's are worthless, i did 20 years research on TA, don't get lost in MA's, signal comes way too late as well... with love
Ok, I mostly focus on EW with chart patterns and I think that MA has been a good compliment to make predictions.
With your 20 years of experience, what are your biggest keys to success in TA?
Wish i had time to write on this, i made one post long time ago about the research i did but every study of an indicator comes with so many parameters you can play with, quite some explanation needed. Some signals had a +80% accuracy, head- and shoulders was one of them (the top formation, not the bottom one), triple point- and figure breakouts were doing very good (old stuff, compare with support lines that get tested a few times). That's it bro except for the fact that moving averages were the worst :-)