Fibonacci Numbers and Technical analysis
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Johnny
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- Joined: Thu Jan 01, 2004 12:00 am
Fibonacci Numbers and Technical analysis
Yep, the thread is now officially circular and closed for new business. From now on, please only make comments that have already been made. :)
Stab Art Radiation Capital Structure Demolition LLC
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tristanreid
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- Joined: Thu Jan 01, 2004 12:00 am
Fibonacci Numbers and Technical analysis
Yep, the thread is now officially circular and closed for new business. From now on, please only make comments that have already been made. :)
-t.
-t.
If you can make computers as smart as humans you will have invented a machine that can sing the words to the Flintstones tune but will forget to pay the phone bill.
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IAmEric
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- Joined: Thu Jan 01, 2004 12:00 am
Fibonacci Numbers and Technical analysis
On the bright side, I never said I wasn't a dork Smiley
Anyway, I've adopted a new signature for the occasion.
Anyway, I've adopted a new signature for the occasion.
One day, in the midst of another one of his increasingly frequent homicidal fantasies, Croke noticed a new member had invaded his favorite forum. It was an obnoxious coed (or so he thought) who went by the nickname "Lilly". At first, all Croke could think about was strangling the life out of this giddy new member. Her insistent flirting with everyone was disgusting to Croke and he began a merciless vendetta against her.
He was sure that his prominent status would cause the other "regulars" to outcast the newcomer as he wished. On the contrary, everyone dug Lilly and even Croke's most vehement beratings fell on def ears. This infuriated Croke even more.
He was sure that his prominent status would cause the other "regulars" to outcast the newcomer as he wished. On the contrary, everyone dug Lilly and even Croke's most vehement beratings fell on def ears. This infuriated Croke even more.
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Energetic
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- Joined: Thu Jan 01, 2004 12:00 am
Fibonacci Numbers and Technical analysis
I'm sorry FDAX: you are not really saying, are you, that all frameworks are created equal? Would you stand up with equal vigor for a "model" based on astrology, phase of moon or precipitation in Timbuktu?
It's a good that a model is falsifiable but it's not enough. It seems to be patently false, that's the problem.
It's a good that a model is falsifiable but it's not enough. It seems to be patently false, that's the problem.
Quote me as saying I was misquoted.
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FDAXHunter
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- Joined: Thu Jan 01, 2004 12:00 am
Fibonacci Numbers and Technical analysis
No, indeed not all frameworks are created equal.
Precipitation in Timbuktu... no I wouldn't. Phase of the moon..., which means basically some kind of inherent cyclicality, I'd be quite skeptical but who knows, if the numbers are good enough... gotta be pragmatic about these sort of things. Like Johnny said: "intellectual snobbery" serves no one.
We must be careful to not confuse a bad framework with bad operators though. Just because there's a bunch of muppets running around doing Elliott Wave analysis with felt tip marker and ruler doesn't mean that it's necessarily indicative of a) the way you could specify a model b) that it doesn't work.
I'm no going to try to convince you otherwise. I see plenty of monkeys running around with moving averages that can't point to any kind of success in trading, yet somehow people accept moving averages as a perfectly valid tool in financial time series research. That is what I'm critizing.
Are moving averages patently false then?
Precipitation in Timbuktu... no I wouldn't. Phase of the moon..., which means basically some kind of inherent cyclicality, I'd be quite skeptical but who knows, if the numbers are good enough... gotta be pragmatic about these sort of things. Like Johnny said: "intellectual snobbery" serves no one.
We must be careful to not confuse a bad framework with bad operators though. Just because there's a bunch of muppets running around doing Elliott Wave analysis with felt tip marker and ruler doesn't mean that it's necessarily indicative of a) the way you could specify a model b) that it doesn't work.
I'm no going to try to convince you otherwise. I see plenty of monkeys running around with moving averages that can't point to any kind of success in trading, yet somehow people accept moving averages as a perfectly valid tool in financial time series research. That is what I'm critizing.
Are moving averages patently false then?
The Figs Protocol.