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[sharechat] Re: TA/FA


From: nickk@quicksilver.net.nz
Date: Sat, 27 Sep 2003 21:31:24 +1200


Come on Woody...I may look stupid, but you can't tell me that your TA 
signals predicted a bloody earthquake! 

NK 

fntradingsolutions writes: 

> Look I know you guys have your reasons and often justify mixing the two, but 
>they are two conflicting views on how to trade
> Mixing them will often give two opposing signals. 
> 
> e.g.
> I traded Soybeans. On Sept 7 2001 I recieved a Sell signal from my charts ( 
>Major Sell )  On the Sept 9th all hell broke loose in New York ( Twin Towers 
>attack )  The market tumbled Great. Point is I recieved the signal 2 days 
>before. 
> 
> A double top appeared last week on the USD/JPY 1 day before the Big G7 
>meeting that sent the Dollar tumbling down on Monday. 
> 
> Last night I recieved Buy signals for the USD/JPY, this morning Japan had a 
>serious earthquake, this will send the Yen down and the Dollar Up. 
> 
> TA works great for me with not a fundamental in sight. 
> 
> Woody 
> 
 

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