BTCUSD

Here we are going to show the difference between traders who just draw a triangle and then label a false break compared to understanding what an ABC correction is. To remain a valid ABC pattern we should have 3 or 5 legs down to 4.

(Daily chart)
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or

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Why are you so hostile to learning?
Excellent question.

I was a WORKAHOLIC reading tons of trading books.
After learning, we have to decontaminate our mind, and unlearn, and develop our own holy grail.
Decontamination will take many years.


You don't have to unlearn if you don't want to.
Also you don't have to listen to me.
Because it is your choice.


Anyway don't believe what I wrote.
Just do what you want to do.

I have no intention of changing your way of thinking.
Have a great day.
 
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If price time series are the only input to your mental model you are going to get destroyed by robots like it's a Terminator movie.
 
If price time series are the only input to your mental model you are going to get destroyed by robots like it's a Terminator movie.

Time is your greatest asset in trading, yet it's the first thing traders surrender by placing stops.
 
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