There are important ways to know the moral worth and integrity of any man. First by what he does. Then by what he says. Then also by the friends...
My market data platform shows the low on 15/12 as 468.44. However, I have noticed that their data is subject to revision. So I can check their...
The choice of time-frame from which to get a candlestick pattern which means something is drawn from the trader's strategy. The strategy uses a...
Candlesticks summarise the highlights of price action in the selected period. This summary makes it practical for the trader to set rational,...
I'm happy to be trialling a couple of less well known candlestick patterns - outside key reversals Smash Days - see Larry Williams Both on forex...
Be prepared to be underwhelmed if using candlestick patterns in isolation. A win rate of 50-60% from a good pattern is going to be the norm....
The pull-back in prices is not justified if you just want a discount on recent prices. What it is useful for is as a test of the trend strength....
They're not used for no reason. They are a useful sketch of what price has been doing. Not the whole picture, but a useful summary all the same.
Saw Napoleon this week and I know less about the man himself now than I did before I sat down to watch it. Rod Steiger's Napoeleon in Waterloo...
I don't track what big funds are doing but there is no doubt that trend-following is a viable technique for private retail traders. A thing which...
I don't see the table given with reward v's risk in the three phases of trends as valid. It is unrealistic and unhelpful to divide trends in this...
It's not really faith as we know it. Animals have only instinctive and Pavlovian drivers for actions.
I think only humans have faith, as this derives from the ability to think in the abstract. So humans use faith to ensure that their gods do not...
You can't rationalise faith. I suppose the closest approach would be ability to rationalise the reasons why people have faith, i.e. why they...
I realised that most of my winners were trend-following: most of the big winners were trend-following: I could pyramid winners and make them bigger.
I think it would be a job for far more people if that's what they regarded it as from the very outset. But most see it as a gambling platform, a...
Is a holding of 100 positions the best way to run your strategy? Is your strategy the best strategy you could run?
Yes, it is breach of a certain price level, but a certain price level in an uptrend. Breach of a price level in a random price context would...
It's useful to have price confirm the uptrend by resuming it after a pull-back. Using a buy entry order above some form of price level is a good...
If you're interested in the probability of price doing this or that the next day, take a look at Thomas Bulkowski's thepatternsite.com. Price...
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