Quote from: chessnut on April 20, 2014, 02:30:52 AM

[..]

The forex markets are much larger and robust, randomised, and manipulated. I would agree that nobody can sytematically make 75% from that.

I also agree about the emotions, not only your emotions/logic but others aswell.

Yeah, more liquid, a bit more randomized, arguably just as manipulated as cryptomarkets, and, you get up to 1:1000 leverage for it, versus .sx's 1:10 & 'Finex's 1:2.5.. that can be incredulous free-&-clear profit should one find the discipline to only trade during the release of events like the FOMC Statement & NFP Economic Report ; Not to mention ..increased funds security from all that cavorting w/ Big Brother ;p..

Emotions are a trade killer. Our worst enemy.

Quote from: Jeezy911 on April 20, 2014, 01:31:50 AM

My in depth technical analysis says: The market really likes the 500 point. There I gave away all my secrets.

And the 1000 point, once 510 or even 600 becomes the new "340".

Quote from: KeyserSoze on April 20, 2014, 01:45:30 AM

Quote from: derpinheimer on April 20, 2014, 01:00:15 AM

Quote from: KeyserSoze on April 20, 2014, 12:30:56 AM

Quote from: Post-Cosmic on April 19, 2014, 11:39:45 PM

If I ever got the slightest curious inquiry about one of my bets/calls I immediately, gladly produce some screenshots of exchange accts' trade history logs while MS-Paint-blanking away the sensitive/private details.. o.O?

You declare "screenshots or it didn't happen" then go on to talk about Photoshopping screenshots. Did you think that through before typing it?

Did you? Blanking sensitive data is hardly photo editing. And it's not Photoshop. Couldn't you read? Mspaint.

LOL, I've obviously touched a nerve with derpinheimer. Lemme guess - you practice the religion of TA as well?

"Photoshopping" is like calling all tissues "Kleenex," or perhaps calling a photocopy a "Xerox" when it may not be that brand. This is common in the U.S.

I don't care what program Cosmic used. The fact one can digitally alter a screenshot immediately renders it anything but proof. The shot may be helpful, but it shouldn't be mistaken as proof of anything. I swear I have no idea how kids clamped onto that idea. You can change ANYTHING on a screenshot.

Goodness, people are beginning to wonder if even video can be proof now because many people have the ability to edit it. Did you know the FSM actually exists and was spotted in Germany, proving our Universe was created by His Noodly Appendage?
https://www.youtube.com/watch?v=vL7FcvEydqg

You don't have to be happy that I call TA superstition but get some perspective and be reasonable. And if you're going to jump me you'd better use your fucking brain first because otherwise I will tear you into more tatters than the Walking Dead wardrobe department.

It's funny, I hadn't thought it through, actually. Mostly b/c of being so used to the common idea that screenshots are oft asked for in forums, games & even by admins/gamemasters to resolve disputes or proove/disprove hacks, misconduct, etc.

Makes one wonder.. why is it that there has been such a culture of taking camera or computer screenshots as evidence of anything in the era of ubiquitous digital editing..? Or even video footage, which can also be tampered with a minimum of know-how..? Goes pretty deep when you think about it. All those accepted practices & protocols about using video cameras for criminal investigation =/ Guess they're fine with it because at that level, they have well-trained experts who will spot nearly all the little signs showing modification.

But, on forums, as informal proof shared between peers, we obviously can't rely on such experts to lend a hand on the spot. Thus, I must rephrase my statement Cool

:

If I ever got the slightest curious inquiry about one of my bets/calls I immediately, gladly produce some screenshots/imgur links of my exchange accts' trade history logs (while of course edit-blanking away the sensitive / private details) ; As well as screens/links of the TrxID's & locations of the relevant transactions as visible in the blockchain ; Along with any other reasonably acquired proof (my technical knowledge of cryptocurrencies' inner workings is lacking ;p) that would strengthen my claim not because one must proove anything to anyone but rather because it is beneficial to all users of a forum when truth, ugly or pretty, is sought-after & bullsht is eradicated to halt the diseased spread of delusions.

As for TA, the strongest inalienable rationale for its legitimacy comes from an uncanny effect : Traders desperately want an edge. The tantalizing mirage of somehow being able to robotically follow a price-based, mathematical prediction system and making bank on almost every candlestick has obvious low-hanging fruit appeal that explains its huge popularity next to fundamental analysis. This widespread use, is precisely why it works. The greater the number of TA speculators expect the price to do X at Y point based on converging technical price indicators, the greater the probability that they collectively make such price action happen, in an impromptu consensus with each other.

That being said, there's a difference between buying|selling at low|high technical points because it's less risky, more patient & smarter ; And placing trust in Fibonacci Lines, Elliott Waves & Ichimoku Clouds. I trade charts 'naked' and have always disliked the latter more advanced indicators, because at the end of the day, you want to manage risk until your trade entry ends up being profitable or until you can cut loss at a better exit to make more money another time. That comforting feeling one gets playing Nostradamus & seeing your EW/Fibo/etc predictions being 'proven' correct by the markets, is in reality awkwardly close to the relief a priest gets when events unfold as to 'prove' his faith right..

Daim, now I'm hungry for some pasta & french bread.. Huh