another post#1 dump, only to replace text with picture of text, to save space to view more of chart at the same time: Erase same area's select or rank multiple studies: TA reads random, so no consistency from inspired observation. image LOSS (OF ...

Pattern's Chemo-Electric Trading Journal

continued (ran out of room for pictures) — another post#1: image Aigh!!! Failed miserably. I'm tired of throwing darts 50' away blindfolded. graphic mec w/axes on S Perfect/series grid/Gannfan -- regular, partial, separated; -- extension of ...

Pattern's Chemo-Electric Trading Journal

post#1, some of: (realized power of the middle, especially when either side only taps into it) ----- from here and here: everybody has an innate sense of how to deal with risk and reward, through learning basic life tasks, and thus apply it to the ...

Pattern's Chemo-Electric Trading Journal

image , perhaps. Not to say, as the last poster noted, there aren't 100% retracements; other considerations may be trend angle and dependence of how the secondary cycles are related to the original trend. Try investopedia, too.

How do you distinguish a retracement from a trend reversal?

I beg to differ -- libraries, Internet. I've more of a theoretical bent, and was speaking in general. To own the copyright for a light bulb, is different than having exact knowledge about a light bulb. So I meant it's free to use in any way except ...

Technical Analysis Fallacy

Knowledge is free -- How to use it is priceless.

Technical Analysis Fallacy

applied to trading: (kept boiling it down, maybe too far; will add and subtract along the way, as needed, using the thinking model have always used, some of which I formally displayed in the last post: The thinking model -- opportunity -- is always ...

Pattern's Chemo-Electric Trading Journal

Condition has a procedural condition (example is negative) 1. entity given name for positioning 2. doubt/threaten/reject 3. helplessness, objectification among other objects 4. stimulus: pattern preset, introduction with real pattern, copy real ...

Pattern's Chemo-Electric Trading Journal

post#1, new: A____ (path interruption (addiction)) emotion image D____ (dominance (as-needed strength)) S____ (play (pain)) objects (titles filled in as needed) - features, ratio of (pairs of) - one shape, geometry of - tied-together shapes, ...

Pattern's Chemo-Electric Trading Journal

How do you deal with price going through and only through such lines? I can see on your charts that price reacts to your lines, validating their existence. I try and avoid this difficulty through using very few lines or a preset drawing device such ...

Lessons Learned Thread

continued (ran out of room for pictures) — trend angle innie or outtie to the right -- details, to show its one-trend effectiveness image image No, I wouldn't touch this as a method with a ten-foot pole, even to scalp (solely) with. As a ...

Pattern's Chemo-Electric Trading Journal

Nice circle, that red one. I interpret a trendline that is heavy with midlines, such as A with B1,2 and 3, as being unlikely to return any time soon. If (more) momentum were attached to the trendline, price would have a reason to return to it. ...

Circular Trendlines

continuation of idea: "the congregation of the three dashed lines cross" — "the congregation of the three dashed lines crossing at the top" -- crossover dot (or point). I've done these before, notably with l.p.3; only, the crossover ...

Pattern's Chemo-Electric Trading Journal

circles — I visited Kambooj's thread again. This time, K had one excellent circle that I had to play around with: It had several pivots attached to it, which makes it like a traditional definition of a trendline (instead of midlines also, as I ...

Pattern's Chemo-Electric Trading Journal

demo — Hi, your chart's lowest circle looks nicely-formed, so I thought I'd figure for myself why you chose a possible down move. (And it resembles an earlier chart of mine here.) I'm not sure if A1 needs to be an ellipse; maybe a circle would ...

Circular Trendlines

Why? I've done all of the hold times, and still do several in practice. But if it ever gets down to real trading for me, I have to stick to one hold time: Intraday. Tradeable trends are, for me, easiest to see on the 1'TF. They happen, in a wild ...

Day Trading vs. Swing Trading vs. Position Trading

continued — post#1 dump: chop up your projection before, trades during, losses after post#1, new: ________________________________________ state -- L or R vectors, on the horizontal and with one dominant, for each of high, middle, low areas; ...

Pattern's Chemo-Electric Trading Journal

"High yields only happen maybe a few times a year and that is up to the individual to see how far they can push there emotional boundaries." --razortrader Also, R:R vs. W:L -- which excludes extraordinary gains/losses, which the quote explains ...

Pattern's Chemo-Electric Trading Journal

demo — Nice to have another pa-patterns-TL's chartist on board. I prefer Gann Fans to fib retraces, but each to their own. A hastily done contribution (on the daily, to obey thread restrictions): image

Beyond the Candles

Draw up a really good chart study and a really bad trade. Better -- Catch a small loss with chart technicals, and then, because someone said you don't know how to trade, say "Okay" and watch your $ disappear. This reminds me of a thread on losses a ...

How to be right and dont make a dime!