Trend Question (examples)

[Sprout]

If you would like to present any proof..or facts..then please go ahead!

If you don't train your perception to see them then what would be true for you is that they don't exist.

It's not that they do not exist beyond your perception, it's more that another approach would be better suited to your personality and current mindset.

Price action in the markets does display fractal formations on every timescale.

The only way for you to truly understand the concept is to do drills. Otherwise you'll continue to deny their existence.

For those that understand no more proof is necessary for we have done the work and are constantly extracting money from the market.

A simple exercise is to look at a common setup in your trading timescale and then look for the same on another timescale, generally the one above or below. That is an exercise not a drill. A drill changes your long-term memory, thereby changing the base of perception,...exercise is just a possible glimpse.

 

[Sprout]

It's pleasant to throw nouveau descriptive terms like "fractal" around. Neural Networks was all the rage a decade or more ago. Has anyone used fractals to make money in markets ?

Btw, I buy into machine learning in terms of exploiting markets. Fractals from a practical application standpoint less so.

Respectfully, the only thing we know with certainty is our own experience.

Neural networks extended into machine learning, which continues to extend into AI.

Fractals have a mathematical basis. We can thank Mandelbrot for the contribution. Whether or not an individual can apply this concept practically is totally up to the individual.

For example, I don't understand spread trading very well nor could apply it effectively. It would be premature based on my capacity. However I do recognize it's apparent validity from those like yourself whom done the work to turn a thought into a practical thing that produces real world results for yourself. For me to argue from my limited understanding would just be a reflection of my close mindedness.

 

[levanyashin]

For example

https://www.tradingview.com/x/NWigWNhP/ < This is an uptrend.

https://www.tradingview.com/x/ZawQeW0e/ < However this is a downtrend on lower time frame. I can short since I trade on lower time frame like hourly, but where do I know when to stop shorting?

You must ask yourself " What is my timeframe gonna be"

 

[Sprout]

For example

https://www.tradingview.com/x/NWigWNhP/ < This is an uptrend.

https://www.tradingview.com/x/ZawQeW0e/ < However this is a downtrend on lower time frame. I can short since I trade on lower time frame like hourly, but where do I know when to stop shorting?

Adjusting your display will help.
1) Adjust your display from candles to bars
2) Adjust your display to have the current bar about 2/3rds from left to right so that the end effect is that there is white space beyond the hard right edge of current price action.
3) Adjust your display for a screen that puts the two charts side by side within the same browser window. Slower timeframe to the right.
4) Draw channels as containers for PA via trendlines - just attempt it.
5) Post a chart

 

[Jeffro72]

It's pleasant to throw nouveau descriptive terms like "fractal" around. Neural Networks was all the rage a decade or more ago. Has anyone used fractals to make money in markets ?

Btw, I buy into machine learning in terms of exploiting markets. Fractals from a practical application standpoint less so.

Fractals are just a term to describe patterns that repeat at any scale. Nothing more mysterious than that. I guess one who trades successfully (using any system) is one who is making money in the markets via fractals.

 

[MrScalper]

Well, more of an observation. Similar to the side of a mountain. Mountains rarely have a perfectly smooth gradient from the bottom to the top. It's more of an up/down group, with the ups being a little more or steeper than the downs, which ends up being an overall up slope in the end. If you zoom in or zoom out, you see roughly the same thing. That's what a fractal is in a way.

I thought as much..words mean nothing in this game

 

[MrScalper]

If you don't train your perception to see them then what would be true for you is that they don't exist.

It's not that they do not exist beyond your perception, it's more that another approach would be better suited to your personality and current mindset.

Price action in the markets does display fractal formations on every timescale.

The only way for you to truly understand the concept is to do drills. Otherwise you'll continue to deny their existence.

For those that understand no more proof is necessary for we have done the work and are constantly extracting money from the market.

A simple exercise is to look at a common setup in your trading timescale and then look for the same on another timescale, generally the one above or below. That is an exercise not a drill. A drill changes your long-term memory, thereby changing the base of perception,...exercise is just a possible glimpse.

The proof concept is also open to you

 

[MrScalper]

Adjusting your display will help.
1) Adjust your display from candles to bars
2) Adjust your display to have the current bar about 2/3rds from left to right so that the end effect is that there is white space beyond the hard right edge of current price action.
3) Adjust your display for a screen that puts the two charts side by side within the same browser window. Slower timeframe to the right.
4) Draw channels as containers for PA via trendlines - just attempt it.
5) Post a chart

You will be much better off to watch Sesame Street and look out for the chap with the cloak

 

[MrScalper]

It's pleasant to throw nouveau descriptive terms like "fractal" around. Neural Networks was all the rage a decade or more ago. Has anyone used fractals to make money in markets ?

Btw, I buy into machine learning in terms of exploiting markets. Fractals from a practical application standpoint less so.

You make a living from the markets.. although it might be akin to selling shovels and pans..so what do you really know about showing others how to fend for themselves..a few simple lines will suffice!

 

[bone]

You make a living from the markets.. although it might be akin to selling shovels and pans..so what do you really know about showing others how to fend for themselves..a few simple lines will suffice!

Clicked on your name and read through your posts... enough said. You certainly don't post anything of value and you act like a douche to most everybody.