So GK, you have already won half the battle, and now, all you need is a PROVEN strategy to help you win the second half Funny how the KEY things are not memorized WRB's > NRB's > WRB's > NRB's > WRB's > NRB's > ........ TE
YES, EXACTLY, SURELY, WITHOUT DOUBT The reason BEING, because it moved down Are you NOW starting to see what others do not see? TE
It happens WHEN it happens, and, to think you can predict when it will happen, well, lets just say you might as well join the majority, and study TA TE
That's the problem, trying to find the strategy to win the 2nd part in the battle. if WRB's > NRB's > WRB's ....etc. i would wait for evidence of a WRB forming after a NRB ie proof that a WRB is in progress and take the trade based on the direction of the WRB
Understood. Ultimately, we have to develop rules that specify how we react to current observations, rather than use past observations to predict the future course of price action. To verify the accuracy and usefulness of those rules, without loosing money, it seems prudent to me to look at past price charts, as, at the very least I would expect any stupidy in my rules to be revealed. I'd like to stay up all night but its well past my bedtime, g'night everyone.
I have a lot of proof to back up that "loser" theory, so I'm not going to argue that point. I'm trying to stop being a "loser". As far as luck I didn't mean it in such a large sense. I don't believe in luck as a means to succeed. I only meant as in which tiny bar to buy when looking to enter. Everybody and their brother buys a bright green engulfing bar at support. Then everybody and their brother usually takes heat on that entry and would have been better off buying on a down bar at support. The 2nd green engulfing bar is usually a better entry, but you never know if there will be only 1 or 2 or 3 or 4 of them.