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Anticipate as applied to trading is to plan your trade in advance - for example a congested zone with a recent bull trap is ripe for a plunge on a breakout from the lower boundary. You plan your trade in advance - if price moves through your anticipated level with adequate momentum that is your...

Yes - anticipate the bears would be swarming to short this index as price had broken below the 3 1/2 year up trend line. Entered a small position on the right shoulder support. When price & volume confirmed the breakout from the congested zone above 11146 added on size. Still a lot more upside...

I accidentally hit the keyboard - ooops. With forecasting you are looking at new data constantly as it is received & will adjust accordingly (dynamic). When you predict you are attempting to make a static guess as to what will happen in the future. I sure never use the term forecast & here...

Classic TA makes no references to 'predicting' price movements as written about by the founders, in fact they make that very loud in clear in their books. I never use the term 'predicting' with TA & don't know of any trader that is a practitioner of it that does. TA bashers are always dogmatic...

Fair enough - it's not for everyone & certainly there are plenty of ways to do well without using chart patterns. Traders that do exceptionally well pin most of their success on their $ mgmt & mind set anyway. Entry signals are way over rated anyway - the exits are far more important.

O.k, if I was day trading APPL this is how I would have tried to play it. Obviously I have the benefit of hindsight here - but this is a common setup, I have put on thousands of trades like this one over the years. Most of my profits are made from swing trading. * Daily chart- price had...

I did not trade AAPL - I traded the NQ on Fri which is hugely driven by AAPL. The NQ had an excellent short setup from a bear flag.

Taleb himself made his fortune betting on a pattern of crowd behavior that is well known in academia, this is taught at Stanford for example. It goes something like this: Markets are very predictable. All excesses regress to the mean, but before the regress to the mean it reverts to the other...

Did you see the film 'Coyote' about the solo U.S. racer Mike Plant? It's very intense film, highly recommended.

I have done some blue water sailing myself. In many ways being a good trader has a lot in common with being a good sailor - I can think of nothing that has more in common on so many levels.

You reading comprehension & grammar are piss poor. I clearly illustrated on the chart the most recent reaction highs & lows. You marked a few minor reactions within the larger reactions. You post is troll like. If you can't see the clear extreme price prints that mark significant price...

A swing high or low prints a significant reversal point. Many of us swing trader call them reaction highs/lows (RH/RL). The distance between the current price and the prior RH or RL is used to filter out the best charts to take trades from. CAC 40 - marked with the most recent reaction highs &...

You can use Investing.com (real-time) or Tradingview. Just add the ATR (average true range) range and set the number of bars - this is the daily range.

None of the above. A lot of small losers & small winners that typically scratch each other out, with some very large winners.

I often put on a few pairs trades each year. I think it could be a very good strategy for others provided it is combined with strong risk/trade mgmt. Whats nice is your can set up an alert & get an email or SMS text when you get stopped out. You would not have to be glued to the market. The...

Here is a crude oil chart using trend lines sent to the block traders tonight. This is actually a drone pattern, it was labeled as a jet airplane pattern so as not to ruffle to many feathers.

The thing with low win rates, as long as the traders stays persistent, it is hard to get the win rate much lower than 30% - the best traders can just about break even or even make a bit of profit with that win rate & when conditions improve & their win rates increase they will kill it. Most of...

Those that hang out on forums where they trash talk the 90% clearly have some emotional issues - it really says a lot about that person since they are projecting their own internal negative feelings about themselves. Smarter people get a lot of their knowledge from reading books, expecting to...

There are plenty of successful swing traders that make on avg less than 4 or 5 trades per week. An account of about $5k is what I had started trading with and now have well over the PDT. Following the PDT rule will probably increase your chance of success since it keeps you from over-trading...

Learn everything you possibly can about how the mob of retail traders are operating & make sure you are doing everything entirely different. These habits are pretty much spot on. This is a good template for developing into a successful trader. The only thing I would add to this is only taking...