Trend Question (examples)

Discussion in 'Technical Analysis' started by iamnewuser911, Sep 15, 2017.

  1. lovethetrade

    lovethetrade Guest

    It's because everything is simply damage control unless you know how the game is played.
     
    #21     Sep 21, 2017
    Jeffro72 likes this.
  2. Jeffro72

    Jeffro72


    The market is indeed fractal, but that doesn't mean we have to be intimidated, or even acknowledge it. It's just like saying everything is made of atoms. Sure it is, but we don't need to know the inner workings of atoms to use things.
     
    #22     Sep 21, 2017
  3. MrScalper

    MrScalper

    Studying TA from textbooks for a prolonged period can also be a valid reason!
     
    #23     Sep 21, 2017
  4. MrScalper

    MrScalper

    You will have to be more specific..as most find it hard enough to even grasp the basics of what is required before risking money in the financial markets!
     
    #24     Sep 21, 2017
  5. MrScalper

    MrScalper

    If you would like to present any proof..or facts..then please go ahead!
     
    #25     Sep 21, 2017
  6. Jeffro72

    Jeffro72

    Well, more of an observation. Similar to the side of a mountain. Mountains rarely have a perfectly smooth gradient from the bottom to the top. It's more of an up/down group, with the ups being a little more or steeper than the downs, which ends up being an overall up slope in the end. If you zoom in or zoom out, you see roughly the same thing. That's what a fractal is in a way.
     
    #26     Sep 21, 2017
    MACD likes this.
  7. MACD

    MACD

    Brilliant.
     
    #27     Sep 21, 2017
  8. Very well put. I have to remember to use that example.
     
    #28     Sep 21, 2017
    Jeffro72 and murray t turtle like this.
  9. :caution::caution:
    %%
    Best way is plenty of chart study+ profit + loss Many would call both of those uptrends; but you may find my first sentence helpful anyway.:caution::caution:,:caution::caution::caution::caution::caution::caution:
     
    #29     Sep 21, 2017
  10. bone

    bone

    It's pleasant to throw nouveau descriptive terms like "fractal" around. Neural Networks was all the rage a decade or more ago. Has anyone used fractals to make money in markets ?

    Btw, I buy into machine learning in terms of exploiting markets. Fractals from a practical application standpoint less so.
     
    #30     Sep 21, 2017
    Jeffro72 likes this.