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- technical price patterns' Rate of failure.
I have been studying typical price patterns that exist in Edward and magee's book. Im so skeptic ...
pfdtrader22and HalifaxCB, Thank u for ur reply. it's true that the most important thing is where the pattern appear and in which TF. about how to trade them , they totally depend on the trader's risk tolerance. I started this thread coz I was ...
Im not asking whether to use them or not. I don't use them, Im asking about their rate of failure and if anyone has gone through a study about their success rate. me myself I find them unreliable and misleading in todays markets.
I have been studying typical price patterns that exist in Edward and magee's book. Im so skeptic ...
Yes u r absolutely right about this false security.. people often come to the market thinking it's a big ATM machine! while they forget or in other words discover later that to earn aliving trading is the hardest thing. if someone wants to succeed , ...
Money Management and Fibonacci are two different aspects of successful trading approach! Successful trading is 60% SELF MANAGEMENT , 40% RISK Management which by return subdivides into 20% MONEY MANAGEMENT and 20% TECHNICAL ANALYSIS! Develop these ...
I think Steve Nison's are all u need his two books are great!
it's not about fibonacci or pivots at all! it's about the way people understand fibonacci levels. most traders think of fibonacci levels as exact levels that price must or have to follow while in fact fibonacci levels are mathmatical points that ...
pick up Trading in the zone by Mark Douglas
Cezary, I think it's time to take ur pips and run Good shot