- Joined May 2021 | Status: Member | 5,292 Posts
People don't plan to lose. They lose because they don't plan.
- Joined Apr 2015 | Status: ENJOY YOUR TRADES | 663 Posts
ENJOY YOUR TRADE
Why your broker is your friend and your enemy 4 replies
RSI candle indicator - Enjoy 10 replies
self enjoy TL 119 replies
Why does GBPUSD enjoy the biggest/easiest price moves? 7 replies
Enjoy the Obstacles, by Dr. Van K Tharp 13 replies
Disliked{quote} I got a question......Those pretty looking colored boxes,they represent a specific time and price,what do you use to calculate it,macro,algorithm or price action patterns?Ignored
Dislikedahh i know this pattern long time ago, there were more thread with rhis topic as too. But the main problem with this pattern that there are lot of false signal!!!! Ok you can make lot of picture that" ohh here is this picture and you can see this pattern is working". I can choose other patter and cut and paste in the forum that " you can see this pattern is working" . But if i trade all signal and the end of the 100 trades i will be in the loss. 1-2-3-4 picture is not important...the important is only the long time result... I see here many people...Ignored
Dislikedahh i know this pattern long time ago, there were more thread with rhis topic as too. But the main problem with this pattern that there are lot of false signal!!!! Ok you can make lot of picture that" ohh here is this picture and you can see this pattern is working". I can choose other patter and cut and paste in the forum that " you can see this pattern is working" . BUT if i trade all signal and the end of the 100 trades i will be in the loss. 1-2-3-4 picture is not important...the important is only the long time result... I see here many people...Ignored
Disliked{quote} I agree in some of the things but not in all of them, fake breakouts is a very common strategy that works for many people like the turtle shoup used by Linda rascheked or whoever is trited her surname. The key is like you mentioned that he explains clearly what is considered a clear fake out on the posted charts I can many signals that are fake outs that are not taken why? Once again the key is that he explains which fake outs to tradeIgnored
DislikedOverthinking and over analysing really can make you poor. Emma put out the rules. It's up to you to backtest and try it if you want.Ignored
DislikedAs has been stated before, it's easy to cherry-pick dozens and dozens and dozens of screenshots, for any given pattern. Basically here, we're dealing with false breaks, or fake-out, or head fake, or v-pattern, or double top, or one of the numerous ways people have come up to name the same setup. Now that the setup has been clearly defined in terms of rules, let's see how easy it will be for op to identify ( & post) them in real time. Given the number of screenshots provided, we should be flooded by opportunities everyday, especially on lower TFs....Ignored