Grimes must have gotten paid by the page, if you have trouble sleeping at night, read his book.... it is funny how one traders book is steak and another trader considers it something to keep door from closing. John Hill's books from late 1970s filled with price action and market structure.
I side with Bob111
http://thepatternsite.com/chartpatterns.html
You have to know what to look for to keep you out of taking a bad trade, you might not agree to take chart pattern trades but you should know where they exist and one of the better trades are failures of a signal.
As far as "edge", money management is edge, learning how to get out no worse than breakeven plus one tick on most of your trades that don't reach targets or stall.
Newbies don't realize an "indicator" is suppose to possible indicate but it not written in stone. You can't with 100% know if your heart will be beating 3 seconds from now, so to rely on anything to work all the time, it not going to happen, but you have to back test minimal 3,000 sample size to really know the stats. Maybe it not working cause of increased volatility or reduced volatility, or report coming out tomorrow, or many other reasons dealing with government, but good traders learn to adapt. Take for instance a simple triangle, and using that, think of all the possible entries and where to place protective stops, you take something simple and build just a little to it to reduce false signals. I learn by studying profitable trades and very little by losing trades, why are they profitable?, how much out of 3,000 trades did price go against them? Find the 90% of those and you have figured out your protective stops, how long was the "mean" before the trade went wrong way and stopped you out, how long were you in profitable trade, so find the "mean" so when that amount of time gone by, you lock in one tick so if price is hanging around like three-four bars and it is up just a little, best to get stopped out with one tick than a loser, if you in the while by that amount of time, make plus one tick new target. For me, price stalls, in 3.5 bars, stops at plus one tick, if in the hole, target changed to plus one, don't get married to it.
Do much sim trading first before real time, if you can't be profitable like 18 of 20 days in sim, when stresses of real time come, you be losing more than twice unless you automate it.
Good luck.
