TA or something you don't know about. - page 52

 
Svinozavr:
Cold and detached. Understandable - ok, no - also ok. I was not going to argue originally, and will not explain for the especially advanced. Just the theses.

1. With the definition of TA - clear. Or rather, it is clearly readable in the first post. Next.

2. TA is not a preictorian coffee grounds, but a way to know reality. A kind of sensory organ. // also wrote

3. The market situation can depend on anything (not interested), but its objective and only display is price with all its attributes (see first post).

4. News, rumors and other non-price content is poorly correlated with the instrument price - the rumor is not justified, the news is interpreted wrongly or played back (which is more often) or there is an unknown factor. It does not matter. What matters is ...

5. What is important, that an objective measure and at the same time a front-edge tool for estimation is the financial instrument itself. I can't refrain from analogies.

6. It follows that the main task of TA is to recognise context. If only because there is nothing else to recognize! And it is possible to recognize in quite known ways. However, it is possible to find more convenient ones. Not about this for now.

7. Any significant event for the market (even if it is not known) is reflected in the prices in the form of an impulse pattern. This impulse triggers a kind of synergy mechanism (about which I know nothing - don't ask!), which allows to make adequate geshefts to the situation.

8. The practice, however, is such that there is little to say about it, as it is right in front of your eyes. Most TA indicators are capable (yes, they are capable! - they are designed) of answering questions about context definition and handling. Another thing is that you do NOT ask them. I bet you'll still be soaking in the rain, wearing sunscreen.

I realize I'm talking to myself, but I should have spoken up - weakly.

That's nice. Haven't had this much fun in a long time.

1. Right. You didn't even have to try.

2. Yes. And the TA refers specifically to the mystical way of experiencing reality.

3. I see.

4. I see.

5. I see.

6. Understandable, but amusing.

7. Here we go! That is, "News, rumours and other non-price content has little correlation with the price of the instrument" and then there is the mystical "Any significant market event" which is also "reflected in prices"! What kind of mysterious event is it then? Not news, not a rumour, etc.? A mysterious and mysterious substance from which matter and energy are created? Interstellar ether?

Mysterious "event" triggers a certain "synergetic mechanism" of the nature of which it is forbidden for mere mortals to know!

8. Yes! Absolutely! It's just that everyone's hands are crooked.

 
IgorM:
Thanks, that's very clear.

and what did you get?
 

There is a strange neo-mystical perception of financial markets among TA fans - it is a kind of Universe in which the only form of life is price (although there is also volume, but for some markets it is considered unimportant and, therefore, non-existent). And the price in this universal is wobbling on its own. - spontaneously. Any connection of the universum with other dimensions is irrelevant, and millions of specialists all over the world, who study volumes of economic information, are declared idiots.

That said, the dynamics of the price is such that it has to make several ritualistic gestures (patterns, candlestick analysis patterns, etc.) before each strong move.

Oh, no, I forgot - in the case of the Gann followers, the price must also consult the stars regularly.


 
Tantrik:

And what did you understand?

Most TA indicators are able (indeed, capable! - designed) to answer questions about identifying and working with context.

 
IgorM:


If you understand, please explain what is "market context"?
 
FAGOTT:

If you understand it, what is the "market context"?

Peter is only saying that the Grail seekers are looking for a miracle cure which should take a profit on the price chart "from now until now" - similar to the ZZ kinks

imho, the phrase "market context" means only that you can find a small fragment of the price chart with TA which will have a significant statistical advantage in the hedge

;)

 
IgorM:

Peter is only saying that the Grail seekers are looking for a miracle cure which should take a profit on the price chart "from now until now" - similar to the ZZ kinks

imho, the phrase "market context" means only that you can find a small fragment of the price chart with TA which will have a significant statistical advantage in the hedge

;)


hats off to you - how did you manage to get that idea out of this dump? never would have guessed.

 
IgorM:



These are for bots, but you don't need them that way. And bots for channels and trends, as I understand it, do not exist.
 
FAGOTT:


hats off to you - how did you manage to get that idea out of the dump? never would have guessed.

I'll let you in on a secret - I spend so much time on the forum, as I've been reading the forum for the last 2-3 years, I read selectively, mostly by the posts of some users, Peter's posts are very much re-read, I hope that I began to understand the essence in his lyrical phrases

Tantrik: And bots for channels and trends as I understand it do not exist.
https://championship.mql5.com/2010/ru, I recommend looking into channel robots - they've done a pretty good job, imho, but the MM is worthless
 
IgorM:

Peter is only saying that the Grail seekers are looking for a miracle cure which should take a profit on the price chart "from now until now" - similar to the ZZ kinks

imho, the phrase "market context" means only that you can find a small fragment of the price chart with TA which will have a significant statistical advantage in the hedge

;)

Something tells me I doubt it's a slice. The context is different...