Your chart doesn't mean anything... It doesn't indicate anything at all, I think it's best for you and your results to stop looking at non sense and look at the data instead. Data is always gonna be better then charts, here I screen shoted the daily trading data when Intelsat ( Symbol: I ) started it's wave in early 2018, some whale came and pumped the shit out of it, then everyone bandwagoned... From volume data you could clearly see what is going on to the t, and options interest help to see which way the wind is blowing more or less
most traders fail because the trade according to the context or the past... you only have see the most recent bars and trade that
i am sorry.....on what grounds do you say : chart does not indicate anything and that it is nonsense..... millions of traders see charts and trade it ....including myself. it may not mean anything to you : like Chinese means nothing to me.but that does NOT mean it is nonsense
My charts are the visual representation of the results of my mathematical models. Much easier to understand by my brain. If I would look at the datatable I would be lost. Graphs reveal more than a collection of individual values. Because of their visual nature, they show the overall shape of your data. This is when you should use graphs instead of tables: The message is contained in the shape of the values (e.g. patterns, trends, exceptions). The display will be used to reveal relationships among whole sets of values. Sometimes I prefer charts, sometimes I prefer data. Choose what gives the best result for you. If you don't understand something it does not mean it is useless. Maybe you cannot see the value, but the value can be there. For me your datatable has no value at all. But it can have value for somebody else.
making money is always good not because of the money itself but because you beat Mr Market..which is the collection of a large number of very powerful people who would not hesitate to take everything you have....sometimes they leave your underwear..or so i hear but i do not believe it. however unless you understand what the market is doing you are at risk always. sticking to your system and rules will help you survive ...but it is your rules not the market's...the market is big enough to make it's own rules
I agree, I am interested in exactly the immediate future of the bitcoin price. At the end of March, we still see a decline in the Bitcoin rate. Do you think 3000 is a strong level of resistance (psychological, technical), is it possible to rebound from this level, test it, breakdown (maybe false), is it possible to fix below this level in April?
Interesting confidence that the crypt will grow. I remember the information background of the oil market. When oil was expensive, they said it would not fall lower, would not fall lower, and again would not fall lower. Total decrease 10 times. When the cost of the barrel was about $ 40, they started saying that it would fall to $ 10, and oil began to grow.
The best book on trading is "Trade Mindfully" by Gary Dayton. You will learn from this book as to why traders fail.