If you want to know how volpri reads charts, go to his journal. There are hundreds of charts with setups and explanations, otherwise quit wasting peoples time with your ignorance. As far as padu goes...seriously ??
actually a misquote -- Buffet said "if the markets were always efficient". No one is saying markets are perfectly efficient. Semi-strong form efficiency is exactly what buffet preaches (as does literally every active manager).
Remember that last paragraph of my post #1137 where I talk about being cognizant of a BO and having a tactic to implement if one is caught on the wrong side when the BO occurs. Here is a live example. Same instrument trade live this morning. I was using a technique I call fill the gap that happens when bulls and bears price probe. This trade was taken in the middle of the range. My first entry long was bar 9:40, I added average down on bar 9:45. I average averaged down again bar 9:50. Why? I am betting that red gap will be filled. Enough for a scalp. Bar 10:05 the gap filled enough for a profit on my latter 2 entries and about a BE on my initial entry. I was willing to average down into the bottom 1/4 of the channel. I decided not to exit on bar 10:05 even though I was profitable at that bar. Just waiting for more profit. Psychology element..."hope" A trader will always encounter hope, greed, fear. But suddenly bars 10:10 and 10:15 were volatile enough (the dynamics..the "how" they were made) and a BO of the bottom of the channel on bar 10:15 that I decided to exit immediately with a loss and double up my previous losing position size to get back my loss, and perhaps even make a profit. On bar 10:20 I covered my double up short position, got back my loss, plus nearly 4 times over my NET after my first trade on bars 8:45 and 8:50. Now take note: When price breaks out of a channel there is a 70% to 75% the BO will fail within 5 bars and price will head back into the channel. So, depending on the dynamics at the moment (i.e. the inertia of the molecule jiggle) I will often wait and not exit the loss if that inertia is slow and just hold until price goes back up into the channel. However, this time the jiggle on bar 10:15 was fast a bear algo was selling so I exited and immediately shorted double the previous position and did not wait around for 5 bars. I was betting on a successful BO south of the channel before it became successful (as I define successful) and the bet paid off. Jingle jingle mr jiggle. What a giggle. ROFLMAO. I am having fun with this brownian motion and it's jiggles. What is next? Well if the BO hold after 5 bars then we will likely see a leg or two south. But I have my loss back a good profit. These are things of a tactical nature. One learns this through experience.
cool you fell for my trick question. the chart you are seeing is the result of a random number generator. it is Brownian motion. you are fooled by randomness.
what is your basis for this claim? how is it 70% to 75% of the time? a fast bear algo was selling? how are you inferring this lol
I DO NOT TRADE CHARTS GIVEN BY YOU.....YOU ARSE HOLE I TRADE CHARTS FROM FOREX MARKET AND THAT IS NOT FUCKING BROWNNIAN MOTION