So now we have to check for End Effects before we chack for categories
Why does TA not work (for you)?
- Thread starter Xspurt
- Start date
no EE so bar 7 was part of channel that makes up third move..
A T2F.Bar 8 is in a range to be an EE. Bar 8 is an larger bar in the yellow box.
So you get ready to carve the end of the long and reverse short on bar 8.
we have 1/8 odf the day's bars done.
A T2F.Bar 8 is in a range to be an EE. Bar 8 is an larger bar in the yellow box.
So you get ready to carve the end of the long and reverse short on bar 8.
we have 1/8 odf the day's bars done.
I think it makes sense to distinguish between PA trading based on "visuals" (can be anything from "patterns" to candlesticks) and PA trading based on "algorithms" or "statistics". I am a fan of the latter, but not the former. I think on some level they are both in the same category, since price is the only input, but I think the latter has the potential to be much more rigorous than the former. Not to say that a skilled practitioner of the "visual" sort of trading can't outperform a novice algo or statistical trader, but I think the the upper echelons of the industry, the algo/statistical PA trader predominates. These are the guys from schools like MIT/UChicago/Stanford. I've known some of those guys and they never talk about "visual" PA.
at 100 swec the bar is still a pass for EE.
@ 34 sec the small arrow gve you the reversal
the ywllow box holds he bar 9 first bar of the short.
Note that it is an IBGS.
Note that it is an IBGS.
Quote from cornixforex:
Reversal which direction? I'm trying to follow your calls here.
If so effective to grasp JH calls... tomatoes next year in my garden!
thomd bar in the yellow box is bigger than the first bar.
since it is, it gets designated as P! for the short you now hold.
since it is, it gets designated as P! for the short you now hold.