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If so why do simple chart patterns like double/triple tops, h&s, triangels work? They are all easy to spot and are a fundamental part of the technical approach.

yeah, i'm somewhat confused. That prices usually have to come back to mas is logic, because it's the median price, but that the median should provide sup/res is everything than logic. Maybe some more senior traders will pop in. Greetings

Although i'm not an advocate for technical indicators - i more like to trade with pure price action - i wondered how moving averages can serve as support or resistance? I mean, conventional tops/or bottoms are serving as s/r, because buyers or sellers expect price to stop there, or because of...

Until now i always was the conception that popularity was not destroying an approach. How should it? If i have a buy signal based on a pattern, isn't it even better if everybody knows that this is a good point to buy? But to accomplish somthing in this business you have to be flexibly and choose...

Hi ET community, Im fairly new to this forum, but i like it very much. I think, here i can find the ones, who DO trade and so for their living... I think i already can create quite useful analysis for different markets. However my problem is (and i hope to get some help by you) that i don't...

yea nkhoi, i already heard of this button ... I already searched for those subjects... AND i already started a new thread, because the threads which handle with other candle patterns don't handle them as much as the hammer thread its hammer does. This thread was just intended to set up some...

Hello world.., first i want to introduce myself. I'm a nearly 19 year old student from Germany, who's doing his high school diploma next year. Since 2006 i'm engaged with trading, and thought that i knew nearly everything on candlesticks (after having read Nisons books and repeatedly watching...