rod178
Well-Known Member
Average Joe said:....trying to work out if I am wasting my time with trendlines....
yes
Average Joe said:....trying to work out if I am wasting my time with trendlines....
rod178 said:
like most things in trading some things can work in your favor but nothing works all the time thats why we have losing trades.Average Joe said:Mate, I am only asking about this WMD and trying to work out if I am wasting my time with trendlines. I have no idea who or what 'Michael' is or does.
Average Joe said:Why is that? I rather if one of the WMD practitioner convince me.
down to the traders skill and drawing trend lines is an artrod178 said:... because
price creates trend lines
price does not react to trend lines
there is too much discretion involved in drawing a trend lines
a multi millionaire stock trader, fund manager who uses ,trend lines ,like most bank traders do on trading desks who use t/arod178 said:... because
price creates trend lines
price does not react to trend lines
there is too much discretion involved in drawing a trend lines
garry said:down to the traders skill and drawing trend lines is an art
price creates s/r levels
price does react to trend lines
yes drawing trend lines is a skill and an art which many cant achieve so discount it from their trading tool box .
If you live long enough, you'll make mistakes. But if you learn from them, you'll be a better person. It's how you handle adversity, not how it affects you. The main thing is never quit, never quit, never quit. on using trend lines
the millionaire trader ;D
like i said multi millionaire traders use them ,they are used in banks ,fund managers ,i know you dont make a profit in trading. after asking on here do they work ,what a loser questionAverage Joe said:Trend lines is just too subjective and exposed to trader bias.
What is the accepted wisdom of touches to make them significant, 2, 3 or more touches?
Trading off technical chart is an art and not a given regardless of tools and strategies employed.
Trend lines IMO unconsciously train the trader to be counter trend or top/bottom picking.
Trend lines makes it difficult to place stops or work out risk reward etc
These are some of the reasons I do not use them NOR do I use math indicators/wave counting/harmonic patterns/MA etc.
garry said:like i said multi millionaire traders use them ,they are used in banks ,fund managers ,i know you dont make a profit in trading. after asking on here do they work ,what a loser question
so thats saved you some time move on to your next indicator.
We would like to present to you a new tool, TzaraNet. TzaraNet is offered in the TzaraNext software.
http://fxgears.com/forum/index.php/topic,900.msg16302.html#msg16302
a vendor coming on here ,swoping names and asks do they work looks like your shit dont
you stoped trying to sell this load of shit and calling yourself tzaranext
no that clown is licking his wounds in Singapore rod never to be seen againrod178 said:maybe the GIT all along
Sorry to burst your bubble buddy but your banking circle must be retail banking prop traders.garry said:like i said multi millionaire traders use them ,they are used in banks ,fund managers ,i know you dont make a profit in trading. after asking on here do they work ,what a loser question
so thats saved you some time move on to your next indicator.
have you even watched the video posted of trend lines working on 3 trades ,that proves they work for traders that can use them .
do you think the fund manager ,who makes millions every year from the link i posted ,just puts them on there for a laugh
omg we get some people on here
or the link
garry said:no that clown is licking his wounds in Singapore rod never to be seen again
hold on dont be angry ,you came on here saying ,is it worth my time to learn to trade with trend lines what a silly question.Average Joe said:Sorry to burst your bubble buddy but your banking circle must be retail banking prop traders.
So trendline trading works on 3 examples and that is your keys to trading heaven? LOL I suppose you will tell me next MACD or Stoch moves price?
Do you know what my English teacher always remind me? Those who swears a lot usually lack vocabulary.....
I have a fiend who made MILLIONS without looking at charts BHLT using FA. It is all trading psychology. I thought we would have a discussion on trendline which it would appear is your speciality but you sound like an defensive poster just swing wildly from a corner! Keep swinging buddy ....
why come to gun fight with a tooth pickrod178 said:lol a bitch slap
garry said:hold on dont be angry ,you came on here saying ,is it worth my time to learn to trade with trend lines what a silly question.
showing the wmd vid were he proved it works for him ,shows a trader that knows how to use them can do it live .
more more proof do you need
if you bothered to look and check out the fund manager link ,i posted he trades millions and the % gain he make would make a newbie like you cum in his pants
so not my key to trading heaven ,theirs
as for bank traders ,ive worked for the two biggest in the world not as a trader but in a broker
so if i say they use it prove me they dont
which you will fall on your arse again
Do you know what my English teacher always remind me? Those who swears a lot usually lack vocabulary..... thats why all he amounted too was teaching english
its states by some of the worlds top physiotherapists that people who swear are more honest ,they spent millions on that study ,go check it out
so alot of hot air from you again ,now you better research because i can tie you in knots boy
garry said:why come to gun fight with a tooth pick
that why i recommend the art of war ,when you work for a bank ,this is given to you as a course which millions are spent on the training .
now do banks always make money. yes
if they fuck up ,its you who picks up the tab
do i need to say more
blah blah blah ,you proofed your worth by asking on a forum is it worth my time to learn trend linesAverage Joe said:All trading educators will tell their prospective students (sheeps) how good they are. It is marketing to suck people in then give them 'tools' and off they go seeking their Milllion$ as they 'tyre hit the road'. So you were working for the 2 largest banks in the world? Were they American banks? Merrill Lynch, UBS, Societe General, Citibank, Lehman Bro etc.....? Is that suppose to impress posters just because you were a broker? My stock broker knows 'dick' about charts and always waffling on about the fundamentals etc.... :-* It's always "I'll send the broker research".
You know what they say about brokers? They get the buy signal from the Analyst.The Analyst has bought some first then pass the second hand info. He/She promptly buy some then calls up his mates. His mates push up the price and tells their friends. Meantime the broker rings up his high net worth clients who promptly push up price again. They then dissipate that info along the client food chain. Last in line is the public forum readers who do a google for that "hot" research on the world wide web and the 'last man buying'. Seems about right?
https://www.youtube.com/watch?v=KILZo7AQnWw This joker was insto trader and search Lex Van Dame's side kick. He will surely be a bigger 'dick' than your self but he didn't work for the 2 largest bank in the world.
The only thing I know about people who swears all the time especially when they think they are traders is 'swearing capital'. Disgruntled trades, 'If only' hindsights? Ahh, still swinging from a corner with trend lines, they will surely bend price if you slap them all the time. Cool Calm Luke is where I rather listen to, not some posters with loaded claims. Are you associated with WMD?
they got bailed out by the tax payer so wrong again everyone got a bonus.Average Joe said:now do banks always make money. yes
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Wrong, Lehman, Merril, Citi and a few more surely made a lot from their CDS and MBS? They took bazooka to a fight then realise they pointed it at an WMD (Weapon of mass destruction). They only thing the banks knew was Moral Hazards.![]()
garry said:blah blah blah ,you proofed your worth by asking on a forum is it worth my time to learn trend lines
without trying yourself ,something which you have been proved they do
as for a broker ,
i made more money than you will in your life
now im trading same story
trading eds i agree look at mikey best story this year
as for anton he worked for goldmans ,so he was one of the best from his gen ,something you know nothing about again is his stuff worth it ,i dont know the people who make it work yes
your like all the clowns and dreamers who want to trade ,you havent a clue ,you should join ict mentor
as you have shown in your post ,ill informed with nothing worth reading .
so boy show us what you know ,i can guarantee it will be worthless just like i find all your posts up to now
can u change that up to you to prove a point as your trolling right now
as for wmd i like the guy known him years ,and if i can save i person who is willing to put in the effort thats the guy who i would send you too
me im too selfish too teach, time is money but i always got time to slap a clueless lazy boy ,who cant stand next to me in a pissing contest
so show us something ,do you have anything to add here so you dont look more stupid than you do right now
show us all your not a waste of oxygen ,you trolled the thread you been bitch slapped
it is a wmd thread if you havent noticed ,start a new one about me and i will see you there![]()