a one-pip-spread-bar inter-1psb approach, this version still exclusive of consecutive-1psb, or pip, lines and other spread trendlines, and this version also excluding few-1psb areas and thus language may change a little: first version After using ...

EUR/USD patterns

length approach, continued development: I returned to one-pip-spread bars. I know the number differs per broker. I also know I'm seeing repeated patterns with InstaTrader's charts. A session change produces a significantly different number of ...

Pattern's Chemo-Electric Trading Journal

The Natural Chart initial impression of a chart: Bars move slightly up, retraces, dives, barely steps, and stalls. You rarely see patterns, except for a few zigzag or single-loop ones that are too big or small ; or, they're all over the place, with ...

Pattern's Chemo-Electric Trading Journal

: (edit) ---- Alright, to be honest, the reason I was nervous was not because of my use of trendlines, it was because (besides poor use of mm) of the times an obvious trade like this isn't available. You never know until you have made a ...

Why do trendlines work?

My trendlines screamed sell, and I listened.... image (edit)

Why do trendlines work?

A sample pattern derived from bar channels: image , which continues here , with its bar channel .

bar channels

0837EST072909 Did well yesterday (+705%), until typical fall-apart began last night and is probably about to get rid of this account (-50% of this). 0900 Lost account to margin call. 0910 Lost another account. In my personal life, the first ...

Pattern's Chemo-Electric Trading Journal

"10,000 hours of training, according to Malcolm Gladwell’s book Outliers. Gladwell based this assertion on the work of Anders Ericsson, who studied classical violinists and found that, in every case, it had taken a regimen of 2-3 hours a day for 10 ...

Poker and Trading Hazards

Time to study. 2011EST0726 Okay, so 1) Draw 1-1, news lines. I thought I'd go on and include 4) . I seem to be getting perpendicular and short-trend related lines, with one small jump from a downchannel on Friday that continues today. So I'll cut ...

Pattern's Chemo-Electric Trading Journal

Great post. Link for 'awareness' (Aware Ego), 'inner voice' (Inner Critic) here . ----- Here's my take on the last several ones: A technical system can reduce the chance of a miss or mm increase the capture of a hit to negate the other's utility. A ...

Make Your Own Road

to-do list to adjust recent 1' candle/HA chart history to the last post's rows: 1) put in all 1-1 and news lines 2) identify central trend lines, usually only 2-3 (pair) per area, and put in bar channels that go toward this cause 3) figure copy, ...

Pattern's Chemo-Electric Trading Journal

I've read RSO, almost replaced prt with a trendline version of the rows, and have been making large trades without much of a sweat, so it's probably time for me to post again. Of course, I can't do the new approach smoothly yet and I wouldn't doubt ...

Pattern's Chemo-Electric Trading Journal

I guess you're a discretionary trader. Demo tests your method, real your stamina. In real, push your buttons with these: Experience trading emotions, or at least fear it'll go against and hope it'll go well for you, as deeply as you can and as the ...

Has this been an unusual six months?

some more words: funny ('hope-jags', 'thimblerig', 'boodle'), unfamiliar ('call-money rates', 'pyramiding', 'corners'), or disturbingly familiar ('bucket shop', 'whipsawed') more quotes (which may overlap the first post's): Knowing your approach: ...

Nuggets of Wisdom from Jesse Livermore, Greatest Trader Ever

trading-evolution.com VolumeTrader's thread, site produce lines that act very much like support/resistance, since they are horizontal lines at a popular price that each go thru major consolidations and need to be within the current day's price range ...

Where to find daily Support/Resistance

It's appreciated to read and agree with your and others' related wise words. Trading on any perception (or "reason for entry") of the future must be handled as a gambler would. Only, I would imagine that the creativity leading to this perception is ...

Lessons by Joe Ross

Reason for entry defines risk. That's where creativity belongs.

Lessons by Joe Ross

It'd be great to know how to track the 99% other than chartwise, that is, separate the wheat from the chaff numbers-wise. After getting that analysis, charts do very well in showing news' effect.

Fundamentals stuff

...which would be strictly separate from the actual trading process. Free-flowing creativity'd harm trades, because you'd be sidetracked on the latest 'improvement'; to me, it's more for the longterm change in one's everchanging understanding of ...

Lessons by Joe Ross

Fake?! image (source: url )

Poll; Best News Source/ market research