This could be any timeframe. These three fractal forms are always present.
Trends overlap and are interlocking.
The chart is incomplete.
Volume gaussians complete the dataset.
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Wow, I have to think hard on this one for a while. I don't have a ready reply. But I think it would have something to do with predicting the prices before they post. Seems like there is the implication in what you say that the price now is a predictor of future price, using patterns, but I'm not sure if you mean that. And that having current price you don't need the sentiment analysis or whatever to predict a future price.
A good read, especially the part about how machine learning yielded factors nobody else knows about. Maybe NLP, or anything you can think of, could yield new predictive factors. But I'm too much of a newbie, I have to give some thought to what you said.
https://www.bloomberg.com/news/arti...y-netflix-run-two-of-world-s-best-quant-funds
EDIT: I'm going to have to figure out what you mean by this to really understand the implications of your post: "multiple fractals in any timeframe," and if it means price/volume at time x is related to p/v at time y.
Thank you. I will have to come back to this (I'm bookmarking it) when I understand charts a bit better.
Thanks Sprout. Still, I need a bit more background with TA (?) to make sense of this. Thanks for your efforts though. Perhaps you can recommend something for me to read to get this.
Thanks again.
Your welcome. I wish you success on your path.
After reading most of the various highly recommended popular books on trading, applying those principals gave me the results that is typical of people deeply rooted in conventional wisdom.
If the popular wisdom says that most traders will get washed out of this profession, than it stands to reason that what a majority of traders have their attention upon is not that great.
My path of purposeful learning started by reading Jack Hershey's "Tomorrow's Newspaper Today" in the ET archives. Engaging in the process he describes as MADA transformed my understanding of the markets, my trading and the feelings I experience while doing so.
One's fundamental understanding will be challenged. Frankly a lot of what I read I didn't understand at first. It was by engaging in the various exercises and drills that made the fundamental difference.
The mighty HB pencil, ruby red eraser, 3-ring binders of thread printouts will increase your understanding! Making money is a by-product.
Jack promotes thinking.
Thinking through concepts can be very illuminating.
Open minds will derive much knowledge.
Closed minds are like broken records - the tune doesn't change very much.
Came across an interesting article and it supports the claim that there are quite a number Shops who are now fully engaged in AI
https://www-bloomberg-com.cdn.amppr...aded-for-cohen-trains-algos-to-copy-his-brain