New TA/Charting, page-13132

thanks for the backhanded compliment hahahaha

cash hound has some interesting things to say about TA too and i suspect his "garbage truck" is chockas with posters who have produced dogs breakfasts on bits of paper pretending it's nirvana... there's plenty of generalisations that float around but one is pretty well spot on 'you'll never see a wealthy chartist' ... they're day traders

the people who can make money from charts are:

those that sell the software and:
those who are big enough to be able to manipulate a chart to show a few buy signals and then sell into it and:
manipulate a chart to show sell signals and buy into it:

it's the biggest nonsense ever but it seems the more lines, the more colours, the more wavy things, the more of anything you can show on a bit of paper the smarter you are...

have a look at the day trading thread and see how many that were there a year or two ago are still around