J Smith - where are you getting all of this information that you have posted throughout this thread ?
SD, is that a specific question, or is there some aspects of what I post that you find more interesting than others. Taking a leaf out of Donald Duck's book..the "unknown unknowns", in relation to trading we have the "common commonalities"! Would you like to see an abstract from a Gann book that contains "unpublished information" ? J_S
This should be easy to backtest, no ? Using market profile for support and resistance levels or pivot points ?
If you mean this blurb, all I will say is that a lot of money was paid by someone to deliver it to an audience of large size traders! J_S
The more important statement was the one about separating the patterns caused by random price action from "real" supply and demand..
Plenty supply and demand here for such a low priced stock!!! The mad head is telling everyone to sell, funny how these guys seem to always change their mind like the wind - I can never understand how anyone can take those people seriously, but then again, the say one is born every minute J_S
It is sort of the wrong question, imo. I think the more accurate question to ask is, do you believe in the emerging techniques of nonlinear time-series analysis, of which fractals are only a small part. The answer is a resounding yes.