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What used to have effect and when markets ever were rational and when did they become irrational?

What if some sequence of trades occurred within say 3 hours and almost exactly the same sequence of trades (by the number of trades, volume and amplitude of price swings) occurred over the course of 3 days, would it still make the 1st case "noise" and the second case "real"?

So you state that, say 100 tick move, which occurred within time horizon of one hour has less meaning than 100 tick move occurred over the course of one or more days?

Probably I will, have no reason to argue here. Any kind of analysis is just a tool for me, the goal is not following some "trading religion", but making consistent profits as long as I want. So far I hardly can see any alternative to price action for my own use (except probably value...

What are your exact criteria for distinguishing "noise" from "the real move"?

One can just as easily lose money without charts... R/E and other forms of bubbles with millions of epically blown up "investors" come to mind first.... Any business is a business in the sense it requires you to actually be busy with doing some serious work to get the profit, otherwise it's a...

No need to know in advance. Just know average odds of the game you play. Or doing some statistical home work is too much work for a typical ET-er dreaming to become a trillionaire? :)

Focus only on with trend setups with 1:5 or better risk:reward and 80% failure rate starts to sound like a good bet. :D

I remember you thread about holy grail, must say it was quite an inspiration for me back then, despite I don't use indicators now, but nevertheless, thanks.

Speaking of trend and setups: 1) You never know it's a trend until it has been under way for some time at least. Quick move is very often just a spike, which just as quickly turns back. Entering based on the fast spike alone is.... well, maybe it works for someone, good luck then. :) 2)...

...which should make you question if you are looking for TA proofs in the right way. :p

Wrbtrader himself posts live calls for YEARS! Wonder if you really don't know about it or pretend you don't know?

That's your problem, somehow you believe that others should be willing to spend their time for free to act nice to you. :)

Surf you're so funny in your tries to squeeze system details from participants of this thread, regularly switching between extreme claims like "only 1000 trades are enough as a proof" and "make some live calls". :) NoD pointed it out the best, by the way we just have fun in the thread. :D

No it is not the only one, it was posted here as an example of flag pattern, not as a call. :) If I ever wish, I will post calls... if not, then not. :)

This particular chart was posted well before the fact with the description of it as bearish setup. :)

Yea, good example. Something like this: http://www.cornixforex.com/2012/06/daily-2b-reversal-triggered/ is way to go too... Specially picked a sample posted on June 21th to avoid "hindsight" discussion. I am sure everyone is able to check EURUSD daily chart to evaluate what happened after. :)...

Hehe... You reminded about this great example taken from Taleb's "Black Swan": There are two people: Dr John, who is regarded as a man of science and logical thinking. Fat Tony, who is regarded as a man who lives by his wits. A third party asks them, "assume a fair coin is flipped 99...

Yes, I am MA in psychology and Ph. D. in social philosophy. Yes, I trade dealer based (Oanda) forex (not through MT4 though mostly, too slow platform for day trading). Reason for that is very simple: less deal costs, which adds up nicely when you trade actively. I used to trade ES, NQ, FGBL...

If speak shortly in TA terms, flags in strong trends are probably the best breakouts and maybe the easiest trades of all TA trades in existence. I wish strong intraday trends happened more often, though. :)