Are you good at price action and technical analysis?

[easymon1]

I don’t claim that trading is simple or easy or something anyone can do with just a chart.

You are 3/4 on point, lol

 

[Darc]

If all you want is to be left alone, why did you stir this shit up?

Every thread he does that, and his story keeps changing. Careful, he might start DMing you.

 

[longandshort]

I don't know what the risk reward will be when I enter a trade. (I trade Breakouts & Hammers when they meet all criteria)
What I do know is what the risk is. (Of course I can get more risk than I bargained for with a gap down)
As far as reward goes I'll stay with a trade as long as it continues in my direction.
I only need 1 or 2 trades that take off to have a decent year.

Hmm I guess I wouldn’t define that as a risk reward of 1:2.

 

[Frederick Foresight]

I posted on another thread one of the signals I use which has a 64% hit rate. I’ll give you a hint, it’s not rooted in technicals or price action.

That’s downright fancy. But not very forthcoming. I guess you naturally gravitate to relationships where the other person is doing all the giving.

 

[Frederick Foresight]

I don’t claim that trading is simple or easy or something anyone can do with just a chart.

Simple and easy? No. But I think something can be done with just a chart. And by “just a chart,” I mean just that. No indicators, lines, projections or whatever. Perhaps it is just too rudimentary for your special needs and expectations.

 

[longandshort]

That’s downright fancy. But not very forthcoming. I guess you naturally gravitate to relationships where the other person is doing all the giving.

Okay that’s fair, but I’ve posted plenty of resources on other threads. There are lots of ways to make money in the markets, but price action and chart reading clearly aren’t enough.

 

[longandshort]

Simple and easy? No. But something can be done with just the chart. Perhaps it is just too rudimentary for your special needs and expectations.

If they’re enough for you then please take the quiz

 

[Sprout]

Please take my quiz. I'm looking to collect data on what the average hit rate looks like for PA and technical traders:

https://forms.gle/AbLEkA56HJVxN4598

It's a basic quiz with charts... T stands for trading day. It's not super robust and is only 15 questions, but it's the start of a larger analysis I'm conducting.

Not sharing data with anyone, nor will I be spamming you. Email is to limit quiz to 1 participant. I'll publish the findings on this thread. Thank you!

Without a HTF chart & level of reference, nor Time of Day, Day of Week, where the snippet is in terms of the news cycle, and volume - it's a handicapped exercise.

You've also mixed quality of assets.

Fun little exercise never-the-less.

 

[Sprout]

Not sure I understand your reasoning since all markets
are moved by time.

A type of price chart does not move price, all prices
are in harmonic relationships and attuned to time,
because human nature, emotional/behavioral activity
in the markets are moved by time.

In addition, Liquidity is available or not during certain "times"

 

[longandshort]

Without a HTF chart & level of reference, nor Time of Day, Day of Week, where the snippet is in terms of the news cycle, and volume - it's a handicapped exercise.

You've also mixed quality of assets.

Fun little exercise never-the-less.

Appreciate the honest feedback. It is meant to focus purely on price action, hence the lack of other details.