You can view compressed candles in their original shape with file and probably other candle overlay indicators. A careful use of candles and TL's does profit on the 1' demo; "just go for the direction", I recognized that, trying to get past it to ...

Candles are arbitrary

regular 1' approach — Perhaps I could consider the above approach effective to widen the usefulness of logarithmic cycles, and the approach before it developed into a higher-TF approach. Logarithmic cycles, even the improved version, are ...

Pattern's Chemo-Electric Trading Journal

Now there's one thing government should reform. If I have 10:1, I can only trade 5-8:1 (to have a decent usable margin), which makes the proposed forex leverage inferior to what stocks have now. Of course, one has to read more with stocks...

Could 10:1 be the new leverage in US Forex?

forex and stocks — The politicians think stock trading is great and forex is terrible. They are the same. Two average moves: A $25 stock moves 25 cents, or 1%, and a $2.50 forex pair moves 25 pips, or 1/10%. 1:1 leverage in the stock and 10:1 ...

Could 10:1 be the new leverage in US Forex?

chart study — (revised) This is an effort to drop all the fancy names I've arrived at for different lines: TL angle level, unsettle, peak, comp, wave angle use pivot (logr, shape), trend, grid I want to build directly from the easiest to read, ...

Pattern's Chemo-Electric Trading Journal

weekend study — What the... This last week, I somehow finished the week with five very different chart studies of the same TF and area. Which one should I choose? image image image image image image image Obviously, I used the ...

Pattern's Chemo-Electric Trading Journal

I demo candles and TL's on the 1', with occasional TL's from other TF's. The TL's trace a chart area and perhaps one to several trends after the current one, while candles connect and produce a trade from these TL's. Candles also take a lot of work ...

successful trader without stop loss?

Thank you. Apparently, fear and greed are the litmus of one's tolerance. About all I can stand right now is to make it through A and B and just enough of C to see positive pips on the balance. This, or some of A, before greed overtakes me and to ...

The Typical Forex Profit making Cycle

a technical approach — Hi, this is yet another try at a line patterns type of chart study. I went ahead and described everything from scratch, rather than depend on former posts. Charts will be forthcoming, if this idea works. When I ...

EUR/USD patterns

Had an account all week. 20W-10L-1draw for +12.8%. Leverage 50-80:1. First day, made more profit than have now. Then, churned the rest of the week. Rewritten chart approach almost several times a week since last posted a new one. Current one seems ...

Pattern's Chemo-Electric Trading Journal

evaluation of a TL approach's effectiveness — Rate the value of a TL: mid-, a simple line segment with a dot at its center center-, like mid- only more involved or with fourths with emphasis on the middle partitioned evenly, using the dot ...

bar channels

The Laffer Curve -- I get it. Nice play on statistics.

Trade Transaction Tax - The Death Of All Us!

Great idea, was fun and an excellent place to draw from. Projections all originated within the boundaries (in grey) of your chart. The entry's below and its effectiveness here. image

Play this game...

My guess is it'll fall a little more on your last, 3-pivot downtrend: 1, 2, 3.

Cable Update (GBPUSD)

“Luck favors the prepared.” Sometimes my experience gets me a trade. Then my consciousness says, "No way!", and I have to justify the next one on paper*. THEN I'm in trouble... Skill removes a bit of doubt for luck to enter. On which trade depends, ...

Poll: Is successful trading more dependent on skill than luck?

This thread uses only trendlines. Same for me. TL's are all-purpose as s/r, horizontals, fibs. Note, though, that traditional patterns cherry-pick / are discontinuous, and oscillating indicators repaint / are inaccurate. I find I'm always studying ...

How my Trading took BIG turn...

Who?

Newbie Traders: Trading Advice from Someone With Balls

history of bsTL's, the next chapter: Looking for consistency — The following is a history of discovery to find consistent use of bsTL's. References and terms may be obscure, and the train of logic confusing. The idea of logarithmic cycles was ...

Pattern's Chemo-Electric Trading Journal

Live fails on psych or method, demo on method. The Holy Grail is never caught, just chased. Some tire, others don't know when to stop, and a very few say, "This is enough for me."

The perfect trading system

The law of averages'll doom you. Expect to lose all. Most moves all day are 20 pips wide anyhow. Study between trades for bigger moves and you can then drop your leverage and increase your stops. Also, few people have the temperament to scalp; it's ...

Trading objectives (help me calculate)