A table that goes with the last post's directions, (which probably needs some examples to explain the descriptions, and) that creates an overall understanding of TL's through its combining 'basing lines' with 'temporary grid' lines, which were ...

Pattern's Chemo-Electric Trading Journal

Oh -- Great! Now this rookie can practice some nonsense advice! Do ongoing education, as for any profession, whether or not earning. Skill, born of education and both psychological (social and personal) and technical, is It. I once read that the ...

Forex Frustration Venting

review — (revised) Mirage or hardcore, my evolving chart study needs a review. 05312010 base lines: This attempts to read the 'energy' of the 1' chart in order to project its effect onto the future with TL's. The examples are so numerous, that ...

Pattern's Chemo-Electric Trading Journal

another drawing idea: Take an anywhere line (move the TL ray anywhere and it'll intersect several significant points in a row; initial pattern balances to a point, or midline, with others, balances to a crossover point (see quoted post), etc.), a ...

moving averages help draw

No, dude, I still thank you for coming to my thread. You inspired me yet again -- Look here. I'm about to give up the discussion, though, because I now recall one of the things that inspired me on this journey. I had posted in late March of a year ...

Pattern's Chemo-Electric Trading Journal

Simplicity at the cost of precision is no bargain. I'd prefer this: image Two flags (vertical runs with side triangles attached to the top of them) appear in the trend before the one you cover. Drawing a TL that is traditional, that is, through ...

Trade Anatomy - ramblings of an old-timer

" after overlooking for a team of traders for years " I've had bosses for years, and they do act like a teacher at times. Another slight error exaggerated. Okay, meant no offense. You failed to address the explanation of the TL in my charts post, ...

Pattern's Chemo-Electric Trading Journal

Price is the type of bar and TF you use. Unless you trade with ticks. Some broke rs, even ticks have a range. Bars lead to variable interpretation, which discounts your Price. I admit I've posted no clear explanation of my TL sets method. At least ...

Pattern's Chemo-Electric Trading Journal

My patterns include this notion, because they are simple enough that only the price-time line's reactions to the patterns defines direction. They are more properly called shapes, since each one has only a function, say a right angle, polygonal ...

Pattern's Chemo-Electric Trading Journal

Congratulations on the girl next door. Yes, from what I've read of them, algorithms choose some little flaw in the market and exploit it infinitely. That ignores the basic truth of trading charts: There are shapes and patterns (and the TL's ...

Pattern's Chemo-Electric Trading Journal

Welcome to the thread. To whom 'you guys' refers, I'm not sure; I can only speak for my own trading method, as most every trader has their own individual approach. The individual in the last post made a post in another thread that I got to thinking ...

Pattern's Chemo-Electric Trading Journal

Thanks, Sim! I enjoy reading your comments, whether or not about trading. And, it's good to know another discretionary, candles / s/r / TL trader (as I understand it: 1, 2.) ----- Another vouch brings me safely past the edge. I also support those ...

Pattern's Chemo-Electric Trading Journal

A beginner may find this method helpful. Took a break from developing my innovative TL's, and listened to the person referred to in this post. What I developed was a 1 exponential/weighted MA unconsciously read for its hitting the middle of 1' ...

EUR/USD patterns

It seems you are ordering how to view all chart devices. I agree with your conclusions, only I wanted to restate them in my own way. Thanks, your definition of an indicator is spot on. I agree. Only, why you're right is not a false positive. I'll ...

100% profitable method - tight SL, and large TP

TL trading, a looser (loser?) interpretation through ability to reason a trade at any particular time: Scalping -- find the line, trade around it Trending Trade -- hold a trade along an angled line while reading price's reaction, until price breaks ...

Poll: What Style/System Do you Trade?

A 5%er has already told how it is; I'll give it a shot anyway. Several r:r variables exist, including Automated entry/exit levels (TP,SL) expressed as % p/l per trade [You noted this one.] Include with this, P/L ultimately reached from automated ...

100% profitable method - tight SL, and large TP

Different bank feeds and retail trading population? ----- To all: Found a couple of g/u longterm TL rays, 2009.06.23 04:29 1.625007 2010.02.04 17:30 1.620141 and 2009.06.22 01:04 1.650063 2010.05.13 21:00 1.535613, while playing with the 1'. Don't ...

Cable Update (GBPUSD)

Replace 'higher time frames' with "patterns", and you got it. Why would the market follow anything 'standard', though? That most people may use these devices is no excuse. The market is organic around the essentials of its make, such as being pairs, ...

ok thats it!!! trading is more an art then a math algorithm

Welcome to the thread. Give me time, it'll be explained once I get it.

balance lines

(cont'd) — (revised) Still on demo, losing accounts. Figured a new chart study approach, which formalized line patterns into this: ----- line patterns, an ongoing demo project to find my own TL's/candles chart study type 4 Using lines and ...

Pattern's Chemo-Electric Trading Journal