So totally pointless then ??
Right find chart, highlight every setup, then highlight profit from setup or loss if it failed, then maybe you'll get the idea.
Candlestick probability
- Thread starter Amatrue
- Start date
So totally pointless then ??
Right find chart, highlight every setup, then highlight profit from setup or loss if it failed, then maybe you'll get the idea.
Worse than pointless... it's very misleading. Like showing a single outcome of a coin toss equaled heads, as if that implies something. Some of you TA guys really have to get out of the dark ages.
To add to that.
Find some way to quantify that setup, so that you can somehow distinguish a particular setup from a sea of others. Once you feel confident you've done that, define some future outcome interval. Then start to tabulate statistics of outcome vs input pattern. Like if I get patterns similar to the input pattern I've defined, what can I expect the outcome to be like, before I make a bet on that.
mr turveyd,
yeah that's right
mr dtrader98,
do you see an outcome shown there?
there is no outcome shown there.
that's just the setup, not where the trade unfolded to.
English Language issue here ?? where are you from EasyMon1??
It eliminates HFT advantage to traders with more money than
other traders so they can buy faster access. It also
ends the corrupting influence on exchanges from being able
to sell unfairness. I think there is concensus among
academic. Here is a reference to a commonly cited paper.
Quarterly Journal of Economics, Volume 130, Issue 4, November 2015, Pages 1547–1621, https://doi.org/10.1093/qje/qjv027
thx vanv0029 for the article. "...which leads to obvious mechanical arbitrage opportunities" is an attention-getter. To fade the cost of a $300,000,000.00 project, one among many, requires some heavy-duty revenue. That equates to a few lobbyists salted strategically about. Any changes since 2015?
https://en.wikipedia.org/wiki/Flash_Boys Publication date March 31, 2014
Flash Boys starts out describing a $300 million project from Spread Networks - the construction of an 827-mile (1,331 km) cable that cuts straight through mountains and rivers from Chicago to New Jersey - with the sole goal of reducing the transmission time for data from 17 to 13 milliseconds.[12]
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Don't really have to explain a trend to profit from it. Good earnings or bad earnings helps explain a lot.………………………………………………………………………………………………………………………………………...NOT a prediction. And one REALTOR laughed + said ''people will buy anything ''
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LOL