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I've been quite successful in technical trading in 4x. But then again, I always remember that there is only ONE truth about charts; charts are a GRAPHICAL REPRESENTATION OF VALUES, THAT'S IT! Your right, for those who think it is more, they shall fail. For those who remember this, they might succeed.
Quote:
Originally Posted by jjk2
now before you flame me, think really carefully about what charting is. charting is dangerous because it makes you believe you have control, while you really dont.
Who the hell are you to make judgments about people's ability to trade? If your stated fact is that you can't make money, in no way does that justify why anyone else can't make money with little risk- you're just too dammed lazy to figure out why and or how.
There are 5% of the forex world who make a living- and another 1% hidden away at home making a living from forex.
Risk is nothing when you have a winning ratio. Don't be so narrow minded.
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In particular, this MBA oscillator what can I say, a big fraud. some of you have seen the paper. there is absolutely no math to back anything up in that paper. you have read the important excerpts i have posted. THAT is IT. there is NOTHING else on that paper that will ever explain why the hell the original student author would try combine RSI and macd together.
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did you figured it out just now? everybody been telling you this from very beginning
but nobody called it a fraud - just another idea, attempt to reconcile incompatible, crazy,waste of time ..etc - but an idea, why not give it a shot -and see what happens - may be something interesting can be found on the way
i see you upset - but that's only an indicator, nobody been selling or pushing it, not a system - or you thought it's some holly grail ???