Prove to me that Technical Analysis Works.

[guest_trader_1]

$3.24 r/t that would sure make me angry. lol.

??

Where is that number coming from? I trade in GBP for a start

 

[easymon1]

Let's see... Who has the courage to discuss a chart without knowing the result in advance?
What would you do here? Would you buy or would you sell?

View attachment 293017

So this is the "Before" chart.
When are you going to post the "After" chart angrytrader?

 

[easymon1]

I counted 4 question marks in your reply LOL Sorry not playing anymore.

You keep saying you are going away.
Walk your talk ILLIN, lol.
If ya got no answers, just say so.

 

[guest_trader_1]

The answer, the market went in a rally up, pretty big gap, tons of buyers coming in. Probably institutional fat money.

 

[Illini Trader]

You keep saying you are going away.
Walk your talk ILLIN, lol.

I just can't. I would miss you too much.

 

[guest_trader_1]

what is interesting here is that the loving couple gave pretty much the same response, with that double top rubbish. They share more than love

 

[easymon1]

The answer, the market went in a rally up, pretty big gap, tons of buyers coming in. Probably institutional fat money.

View attachment 293034

Hit that stop too.
Is taking that loss a problem for you? Why? Those come with the territory.
As stated before the outcome of any one trade is meaningless.
That is the whole point of doing stats.
Now a careful chart pattern cat will notice that there is a difference between the rules from the website writeup that is referenced in that post and the stop placement on that chart that I posted.
That stop according to Hoyle goes up at the "second high".
Now if SimpleMeLike wants to adjust stops away from the "According to Hoyle" rules and put in a "Nuance", then he gonna need to do stats on THAT permutation too.

Is that a lotta work? Does the bear shit in the woods?
What is the difference between the two methods of trading that Double Top Stop Spread on the stats page, Is Classic Better over 100 trades?
Is Nuanced Tighter Stop Better over 100 trades?
Well get your momma to do your stats.
What, she still say no?
Well then do them yourself.
Still say no?
Well then be an Artistic intuitive trader, or else sim trade and sit on the sidelines and Kvetch at the men in the ring.

see what I mean Vern?

It's a free country, your choice.
Lead a hoss to water but ya can't make him do the backstroke.

And it would seem that ya can't stop him from Kvetching, pissing on carpets all over ET, and generally repeating ad nauseum the same old song and dance.
Show me this. Show me that.

Show y'self gents. or don't, Honeybadger don't give a shit, lol.

 

[easymon1]

The answer, the market went in a rally up, pretty big gap, tons of buyers coming in. Probably institutional fat money.

View attachment 293034

Thanks.
Post up another one.

 

[guest_trader_1]

There you go

 

[easymon1]

what is interesting here is that the loving couple gave pretty much the same response, with that double top rubbish. They share more than love

lol, ever have a seagull after your fries at the beach?