When price is out of equilibrium price (markets) moves to correct itself. Price is always moving. Price is always out of equilibrium. So how do candlesticks become a predictor of where price will move next?

Price action is dumb, and you're lazy for thinking otherwise

That might be true, you have a point, but that is still not using TA to trade. Hope to hear more from you

Price action is dumb, and you're lazy for thinking otherwise

What you just said is a claim that supports perfectly efficient markets, which means there is no way to exploit price for what it is.. Countpoint?

Price action is dumb, and you're lazy for thinking otherwise

I said I would start ignoring these posts... buttttt this is too good to not call out... "Understand the true mathematical meaning of logic" ....What? Do you even know what you are saying? "You have only yourself to blame for not listening" Oh I ...

Price action is dumb, and you're lazy for thinking otherwise

Darkstar, I actually remember reading a lot of your posts a while back and I respect a lot of what you have done, but keep that stuff (see above) to PM's. I would love you to contribute to our thread's purpose though Looking forward to hearing from ...

Price action is dumb, and you're lazy for thinking otherwise

Price action -- using a collection of condensed and organized price data to observe and analyze the price movements in the market It's "dumb" (apologize for the crude language) -- because I do not think it has any predictive properties. ...

Price action is dumb, and you're lazy for thinking otherwise

HEADS UP! I will not longer be responding to posts I think have no value in this thread This thread is about points and counterpoints against the logic of TA and PA through logic statements... If you have nothing to contribute, please don't waste ...

Price action is dumb, and you're lazy for thinking otherwise

It doesn't have to be a A > B, pure mathematical statement.. Something like Joel is a dog. Dogs have fur. Joel has fur That is a logical statement. Try to explain PA that way, and we can drill out the holes in the logic.

Price action is dumb, and you're lazy for thinking otherwise

True Terrible speller, but this guy is one of the only person that has given me anything of value here... Yes, traders overreact to news, but I would not call that TA What part of TA helps to exploit this?

Price action is dumb, and you're lazy for thinking otherwise

It's one thing for me to say TA doesn't work, where is the logic in it? and to get You're stupid! and to get TA does work, and this is why.... I have been getting a lot of the "You're stupid" type responses, and I am just sick of trying to keep up ...

Price action is dumb, and you're lazy for thinking otherwise

"... [PA] might not have predictive powers to some but to others it may I don't really care. To me it's a stupid statement you make for the reasons above and in a way I guess I agree with what you're saying (from the perspective I believe you're ...

Price action is dumb, and you're lazy for thinking otherwise

Hence why I have been silent on these forums for years.. Thanks for speaking up though I did not come here boasting, saying that I make tons of money, or that my methods are near flawless.. I just said I can justify the decisions I make, and I ...

Price action is dumb, and you're lazy for thinking otherwise

I have defined it. Actually I posted the definition in this thread. And again, why are you wasting your time trying to break me down and call me out? I just want to know if anyone can justify their buy and sell decision through some sort of logical ...

Price action is dumb, and you're lazy for thinking otherwise

I been a member for a while, but stopped caring about forums a while ago because people have so little to offer it's insane. What's truly sad is everyone who has posted negative comments on this thread are more interested in calling me out, grabbing ...

Price action is dumb, and you're lazy for thinking otherwise

Good, dont waste your time posting in it then..

Price action is dumb, and you're lazy for thinking otherwise

Sarcasm, really classy. I'm glad people can hit me up with valid counterpoint and not facetious rants that are neither fun to read nor prove anything but that they lack any real grounds in their trading and have to make crazy claims that they have ...

Price action is dumb, and you're lazy for thinking otherwise

Never contradicted myself... I have invalidated (or more so, have yet to be able to validate TA), which is why I put very little weight on TA... However, I was hoping that someone could tell me why TA should work. And not some rabbit out of the hat ...

Price action is dumb, and you're lazy for thinking otherwise

Finally someone who knows how to pose a reasonable argument in a discussion Hats off to you sir. I see what you are saying with human psychology, but what part of human psychology are you focusing on and how does TA help exploit that? (See how this ...

Price action is dumb, and you're lazy for thinking otherwise

I stopped reading this post after the second sentence. They all sound the same when it starts off that way... Show me logic, that's all I want

Price action is dumb, and you're lazy for thinking otherwise

Thank you! You have no idea how much that little post means to me!

Price action is dumb, and you're lazy for thinking otherwise