"Technical analysis is a methodology that makes buy and sell decisions using market statistics." http://www.investinganswers.com/financial-dictionary/technical-analysis/technical-analysis-1108 you are using ta surfer, you just wont admit it. both chart analysis and what you do is technical analysis. it's a big field.
here is my annotated version It shows my trades. Note that I lost on one short. I circled one of your X'ed volumes. Look closely and see you did not degap price. All bars on price MUST be degapped. TN so far cannot understand this. I will be there in Colorado Springs for 3 days after I get back from Hawaii Islands trip You are doing great to see the P and T's. we can convert them into the Pattern I posted.
Up date. the PACE droppoed down into midday a little late.(bar42) whee we ae holding long. Bar 27 was reversal long Bar 32 was reversal short Bar 39 was reversal long
Yeah, maybe I am overestimating the intelligence of the crowd. My point is all TA has to do is increase your odds that one price will be above another within any time frame, and these binary dealers would be out of business. For some reason, TA traders must lose more than they gain or good bye FX and binary dealers who win when you lose. surf PS. buy the way, this is the 10th most popular thread of all time in the TA category and its only been live for 9 days. Your welcome very much...
Fantastic resource, Mike. i was not aware of these interviews. I did a similar thing back in 2005 in print with around 50 hedgees, traders, academics and economists--- met several cats during this time that changed my life for the better.... Thanks for making the podcasts free for everyone. Incredible and up to date knowledge base. I strongly recommend everyone listen to these chats. Completely free surf