DislikedPerfect. The probability of price patterns is less than 50%. Proven fact. Besides by the time the price pattern is formed and confirmed is too late.Ignored
Question to Soultrader 17 replies
Why can't I post on Soultrader's clinic? 2 replies
DislikedI use to be a breakout trader for more than 18 months
FACT: breakouts are only successful about 30% of the time.
Ignored
DislikedThe usefulness completely depends on the timeframe and what other analysis you use in concert with any particular price pattern.Ignored
DislikedI probably can't execute your trading strategy very well but I won't tell you to take it somewhere else just because I don't see why you do it. I should be extended the exact same courtesy.Ignored
DislikedHope you are feeling better Soultrader, take care of your health it is the most important thing
Best
MikeIgnored
QuoteDislikedIndicators maybe eye candy and are useless at prediction - however I have hinted in earlier threads that they are useful for something else - no-one has yet come back to me on that useage so i'll leave it open a while longer