Sorry, past that now. To learn anything on the charts, a beginner must dig in for themselves. The Internet is littered with thousands of lists of and lessons on candlestick formations. Here's two of the more reliable ones: Simple pictures of all of ...

Educational video on importance of money management

Thanks, me also. That site's author seems to be experienced in "Threat and Error Management" (TEM). I googled it, and got this great line: "Human error is a symptom of trouble deeper inside the system." Lots of material to go through, now.

Educational video on importance of money management

Order flow in a nutshell. Thanks. So I guess a trader'd have SL and TP, wherein one or both of them sometimes changes into BE, given, with new data found after trade entry, a change in some of the reason to trade or a general surrender to randomness. ...

Moving SL to BE is very wrong/noobish

Hi, on demo, just trying to understand you all's points. Better data is admirable -- Mr. Scotty's frontrunning large futures orders, your inclusion of COT, a TF slice of volume, or a lot of traders' using an important news item -- and, to me (at the ...

(binned per thread starter's request) Behind Price-Orderflow

I second the last post's answer to the above, because I'm a like-minded trader to you, daily reworking candle patterns into a future new method in a theory-minded way, and would appreciate the opportunity to learn from your approach. One complaint: ...

dungle's trading framework

This is a post about different ways a trader thinks. I moved it from another thread, where it disrupted that thread's flow, and use it here to relate to another regular poster's trading credo, in sum making a greater, different message I can use ...

Pattern's Chemo-Electric Trading Journal

SL, TP, lot size — Been messing with keeping costs under control the past few days. So, I'm dumping my stream-of-consciousness thoughts about it below. ----- 06182010 Used the basic chart study with optional TL sets, on the LFH Simulator. ...

Pattern's Chemo-Electric Trading Journal

Yes, M1's about all I've ever done. Many odd and wondrous shapes await you to decipher. Welcome!

Timeframes and the learning process

Great lists of candle types. A few more: Three Methods,which has a balanced appearance; and, a one-pip candle, which to me, suggests no direction, and thus aligns with extra to make a good TL or s/r line, etc. Just beyond knowledge of the noted ...

Candlestick Analysis - Do You Use It?

Your TL's drew channels, to me. Hope you don't mind, I very slightly moved left-side lower TL and removed right side's 2nd from top TL. The former matched the bars' patterns better, and the latter, I didn't immediately see making a channel or ...

Some feedback sought on my trend lines... good setup?

I've had the same problem. As much as six years ago, after and during long experience with stocks, my trading intuition was trained enough (the 10k chart watch/study thing) to recognize how to trade a chart. Something inside me told me to trade here ...

Trading is an intuition business

(revised) — line patterns perspective To begin the chart study, make a simple description of terms about the L:M ratio on the chart shown. example from 1, #1-4 -- vert. logarithm aftermath, 45-degree midline, opposing 45-degree midline and ...

Pattern's Chemo-Electric Trading Journal

Another use of aligning logarithmic curves with the general trend is below. find: Find a 'perfect' logarithmic curve, usually only 3-5 candles long, in the 1' or 5' TF. Consider the top of the candles as the higher TL set and the bottom of the ...

moving averages help draw

url Consistency and edge are such killjoys.

Is this calculation correct?

Great post, thanks. I've been on the pre-job, and then also demo, learning path for a long while, and add some notes. A lay of the land helps in developing one's own method, to know what to select from. Hence, babypips' school. A 'good method', or ...

Motivation in trading...

It's the volatility, stupid! If you eliminate the factors with volume that are unreliable -- the current amount of a volume bar and precision in the middle volumes, in an unregulated market direction measuring with pairs, since they naturally cycle ...

Trade Anatomy - ramblings of an old-timer

Agreed. "patterns...(and, despite) news...behaviour" dances around that it's not set patterns, so much as it's a collection of micro-patterns that 'behave' in one way or another to create a temporary pattern. The patterns idea is in any fast-paced ...

Trading is an intuition business

Pardon for making an demo'er's inclusion, but I've an opinion: It's a matter of perspective. I've done what you say. Makeup trades feel to me like a slippery slope, like your SL, implied or physical, didn't allow for enough pips of in-trade ...

Trading without stop-losses

One of my favorite words to describe demo is vaccine : "n. A preparation of a weakened or killed pathogen, such as a bacterium or virus, or of a portion of the pathogen's structure that upon administration stimulates antibody production or cellular ...

How harder is live trading?

You just made a case for technical studies on psychology. All my attention during trades has been on the charts.

100% profitable method - tight SL, and large TP