Dude -- you get a free pass on this one:
https://en.wikipedia.org/wiki/Slope
but if you don't know this shit down cold, Mr. Market will drink your milkshake.
Are patterns legit?
- Thread starter Cellphones2
- Start date
Dude -- you get a free pass on this one:
https://en.wikipedia.org/wiki/Slope
but if you don't know this shit down cold, Mr. Market will drink your milkshake.
Post-hoc analysis is..... post hoc.
Speaking of patterns, that is why some people liked moving averages in 2010,LOL; not that hindsight 2010 is the key to Ft Knox or use same color for different averages . Good chart; i may use volume more than you do i cant see any on that chart?? ?????
Murray,
I don't need all that volume on chart. If I see the price moving up, then obviously it was volume that made the price go up. If price moves down, then volume made it go down.
Only thing needed on the chart for me is the candles going in one direction or the other. But I wouldn't mind some emas on chart to keep me out of those tight choppy ranges.
I only use volume for small and micro caps, i agree, it gives lot of information. For mega caps, futures and indexes : IMO useless because of dark pools, robots, HFT etc.
CM
Strange but true= i found many more errors on volume than price..............................
Funny how what you believe is often opposite of truth / fact.. Why, is a good question always, but as adults we forget to ask.
Most men are color blind somewhat; i like emas,2, not close to the same color.LOL
yea, if they were like red and blue its be ok but this was just shameless sex. Can understand someone bought that actually. But not my cup of tea (obscure illiquid stocks).