Aren't those horizontal lines in price, the weekends? You can hide them in your preferences.

Chicky's Trading Journal

You will find what's best for you during those couple of years of learning. Seriously: be aware of what's going on - Daily, H4 charts Then see the immediate trend - H4, H1, M15 And pick your entries H1, M15 and below. just my 2 cents...

time frame, currency & chart duration

Hasnaa too bad ur charts get lost quickly in the flood, EU, GU, UJ threads. Clean charts, no spaghetti, big overview. You should open a thread for these charts. I don't understand / agree with all of your views but still worth following SR levels or ...

EURUSD

ha-pattern, thanks for the link. A little bit of reading can't do any harm. Now I know Einstein was truly a workaholic. He actually worked himself to death. Jesus, I knew there was something bad about physics. I like biology a lot more... you know, ...

In love with patterns

NewFX, thanks for the def. I like them, I really do, I just forget them too soon. Two samples of the over and under pattern (link to BRV's original description somewhere on the 1st page). Actually GC and EG are correlated these days so this is ...

In love with patterns

Interesting question, whether a statistical property of PA is a "pattern" or not. I think it's not. So if someone's trading a breakout system like "put a buy stop 5 pips above yesterdays high" it can be profitable but imho not a pattern, just ...

In love with patterns

Sometimes I look at oanda 5sec charts but no tick chart. I use M15 and upwards, sometimes M1 or M5 to see more detail, around important levels. There are some cool low TF traders, check Tony here.

In love with patterns

Hi 5%er, interesting ... if you spot this kind of PA on different pairs, or different TFs, please save the screenshots. I don't think we can reliably generalize the information on a sole chart to describe a pattern.

In love with patterns

Good to see, others too see some patterns in this alleged "random walk" called price action. Here is one that I seen couple of times intraday, M15 and upwards. Actually played this recent one on the short side with a small position. Has no name ...

In love with patterns

Nice to see some pattern maniac fellows. Finding patterns is a very slow process (at least for me), need many time and need to see them a couple of times to be able to recognize & describe. So this won't be the most updated thread I guess, but hey ...

In love with patterns

Thanks for the comments. Will update the thread starter to avoid unnecessary dancing around market theory, ways of trading etc. Birdt thanks for putting it so simple: "some patterns do have a statistical tendency and it is possible to profit from ...

In love with patterns

Thanks for the input. I'll try to reflect to all thoughts. First, let's nail down a couple of things: 1. Many people trade chart patterns (head-shoulders, wedges etc.) I personally trade chart patterns. 2. There are other, profitable and tradeable ...

In love with patterns

I very much agree: trade small. You're a clever boy Chicky. Very much worth listening to you. An FF member wrote an excellent article about position sizes. Today I had a face to face meeting with fellow traders - interesting how differently we view ...

Chicky's Trading Journal

Loud Thinking was good. (Tho I don't agree 100% on all points - but hey this is yer journal and I might change my mind later)

Chicky's Trading Journal

Averaging, are we? I often did that - with really small positons - and many times came out with profits. Problem with that is, it locks your capital and time and attention too. If I had two King-Kong sized accounts, I'd use one for longs and the ...

Chicky's Trading Journal

Nice avatar. Have you been thinking about the transition from "some money" to "big money"? Would it be one big step? Or many smaller steps? (I prefer the later)

Chicky's Trading Journal

gotta say luv this thread. I see many of my past mistakes - and I see many of my possible future mistakes. Hopefully I will be able to minimize the damage, if it pops in early: hey, Chicky did the same thing and he said it was a mistake. About ...

Chicky's Trading Journal

honestly this one reminds me the 90s game "stunts" video I reckon traders with such charts have the same survival rate as those stunt drivers.

Charts on Drugs or works of Art?

So. How could stats be used to improve my trading. The attached image is a brief summary of the first seven months. More than 1k trades, approximately 66 % won, 33 % lost. A winner is not necessarily a trade that has hit TP, it just means it was ...

Oanda trade statistics