Dear all,
I am wondering if there are others out there who trade based on p&f.
While trying to develop a sound money manegement scheme, I am looking for some statistics on p&f chart formations. I am aware of the probabilities as described by Prof. Robert Davis.
Specifically, I am interested in more up-to-date probability numbers, reward/risk ratios etc. on the common chart formations Or, using Tharp's wording, what are possible R-multiples and expectancies? And what happens if applying relative strength as used by Chartcraft?
Any pointers? Thanks,
Andreas
I am wondering if there are others out there who trade based on p&f.
While trying to develop a sound money manegement scheme, I am looking for some statistics on p&f chart formations. I am aware of the probabilities as described by Prof. Robert Davis.
Specifically, I am interested in more up-to-date probability numbers, reward/risk ratios etc. on the common chart formations Or, using Tharp's wording, what are possible R-multiples and expectancies? And what happens if applying relative strength as used by Chartcraft?
Any pointers? Thanks,
Andreas