Hey guy,
First post here. This looks like a really great and friendly forum, I'm so glad I found it.
I'm working my way though the James16 thread and found that I have to research a lot of what I read there, in particular the chart patterns. What I find is that I'm learning one pattern at a time and I'm not sure as to how much there is to learn.
May I ask a few questions:
-Have you seen any good net reference on charting patterns I can read up on? James16 seems to insinuate that he didn't invent them but I cannot find any references to them on the net.
-I don't think I understand Fibonacci numbers relationship with charts in a predictive sense. I don't really get Gann hexagon, etc, etc either. Is there a proven statistical relationship here that being new I'm just not aware of?
When people talk about the fib ret, I don't see the relationship between those numbers and another other random set you might apply.
Many thanks,
Chris
First post here. This looks like a really great and friendly forum, I'm so glad I found it.
I'm working my way though the James16 thread and found that I have to research a lot of what I read there, in particular the chart patterns. What I find is that I'm learning one pattern at a time and I'm not sure as to how much there is to learn.
May I ask a few questions:
-Have you seen any good net reference on charting patterns I can read up on? James16 seems to insinuate that he didn't invent them but I cannot find any references to them on the net.
-I don't think I understand Fibonacci numbers relationship with charts in a predictive sense. I don't really get Gann hexagon, etc, etc either. Is there a proven statistical relationship here that being new I'm just not aware of?
When people talk about the fib ret, I don't see the relationship between those numbers and another other random set you might apply.
Many thanks,
Chris