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- BWilliam replied Mar 19, 2023
This is a good topic to discuss. We know factually the losing traders in UK stands at 75-90%. The longer term rate is much higher above 90%. We can assume all these traders trade TA. Now, do we blame these traders for the high failure rate? Or, The ...
Intraday swing trading
- BWilliam replied Mar 19, 2023
Hi handy148, we can assume they all trade TA. The longer term numbers are much higher. That's why my earlier statement that TA is faulty, misleading and dangerous is valid. Cheers
Intraday swing trading
- BWilliam replied Mar 19, 2023
In a few hours the new week start, watch closely how banks move price. Happy trading everyone. Cheers Ps Technical analysis will not be able to tell what's going to happen next. Price action and indicators are useless. Just watch the market.
Intraday swing trading
- BWilliam replied Mar 19, 2023
So you hold same opinion, dumb degen gamblers. Dumb gambler thinks he can learn trading from watching YouTube videos. How's that for dumb?
Intraday swing trading
- BWilliam replied Mar 19, 2023
What's too early when dumb trader told no one know how high the bullish swing or how low the bearish swing? TA can't tell.
Intraday swing trading
- BWilliam replied Mar 19, 2023
Here's the thing, can you point to one TA trading strategy on the strategy section that work for swing trading intraday? I am sure FF members want to know so they can stop trading dumb. Cheers
Intraday swing trading
- BWilliam replied Mar 19, 2023
Hi Steven agree with you there're plenty of dumb traders and dumb trading strategy with zero edge. Draw fancy colored horizontal lines extrapolated from previous high low and label them support and resistance is Dumb. Gambling, guessing and dumb. ...
Intraday swing trading
- BWilliam replied Mar 19, 2023
People have no idea how it feels to know ahead of time something about the future that will happen. Yup better than sex.
Intraday swing trading
- BWilliam replied Mar 19, 2023
Retail traders tend to overthink this Forex market with all sorts of faulty assumptions. If you look from the view of the banks who move price it's actually very simple. And intraday price move like an aircraft carrier, slow and with clear intent. ...
Intraday swing trading
- BWilliam replied Mar 19, 2023
FF seems to be a site full of kids. Or stupids. Cheers
Intraday swing trading
- BWilliam replied Mar 18, 2023
Hi RickM, when price of gold rise these TA traders look left for previous day or week or month high, labeling them resistance. The higher the timeframe the stronger the resistance the more sellers jump on the bandwagon. Or when price hit some fib ...
Intraday swing trading
- BWilliam replied Mar 18, 2023
Hi RickM, this is the reason why TA is faulty, misleading and dangerous. If anyone read my post history, I have been telling this for a long time. And ofc my message offended FF members who are die hard TA traders. Cheers
Intraday swing trading
- BWilliam replied Mar 18, 2023
Hi Peter, Person A describe how he define reversals, whatever that may be. Person A goes on to say he doesn't know how low the support, or how high the resistance. Person A goes on to say nobody know how high the bullish swing, or how low the ...
Intraday swing trading
- BWilliam replied Mar 18, 2023
Hi GEfx, yes you are correct. We have this cross adaptation. Cheers
Intraday swing trading
- BWilliam replied Mar 18, 2023
Hi DM, my post is not directed at you or anyone in particular. Let's be clear about that. I wrote thousand times I aim at technical analysis, not the person. So you agree traders must have an idea where support is when they execute a long trade. My ...
Intraday swing trading
- BWilliam replied Mar 18, 2023
I'll put it this way, if you execute a buy trade and you don't know where the probable extreme bottom, and you don't know banks intent to move towards north target, then you're trading blind. When you write you don't know you just confirm your ...
Intraday swing trading
- BWilliam replied Mar 17, 2023
Read what I wrote here. I posted the links. url We must challenge the assumptions of technical analysis. If traders continue to accept without questioning, they will continue to do the same thing reaping the same result. The purpose of this thread ...
Intraday swing trading
- BWilliam replied Mar 17, 2023
Hi DM, yesterday's hi lo, and yesterday's range is useless info. There's no logical reason why today will repeat yesterday's high and/or low, and why repeat yesterday's range. Yet, retail traders religiously draw such lines on their chart. That's ...
Intraday swing trading
- BWilliam replied Mar 17, 2023
Hi Peter, traders like me have moved away from primitive technical analysis to quant statistical methods given the market has grown to be more competitive. I see a lot more reliable and extensive future info ahead of time on my chart. Trading forex ...
Intraday swing trading
- BWilliam replied Mar 17, 2023
When banks made clear their intent, wait for pullback and then hop in the direction of their intent for 50pips profit target. Last post to show you my trades that are in line with all my posts about banks intent to target trading. I trade what I ...
Intraday swing trading