Hi Dex,My thinking is that you can't use TA at all in this...

  1. dub
    33,892 Posts.
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    Hi Dex,

    My thinking is that you can't use TA at all in this market other than over/for/in the very short term.

    For mine, TA works really well with a free market, but the market hasn't been free since at least 2000. It got a lot worse/less free after 2008/2010 and now is completely manipulated.

    At present, I believe FA is much more useful than TA, providing one can recognize to some extent what the Fed/Gov/Megabanks et al are doing.

    Obviously I'm just another Prophet Of Doom.

    I use TA now just to look at the short term position (ie the daily or weekly charts).

    Then again, I'm one of only seven still left in the cellar.

    good luck

    dub


 
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