Normal
My apologies I was un aware you set the guidelines for this thread!What makes you think we are not trading?What makes you think the advise given has/is not practical.Frankly what I see is analysis paralysis,a common fault of early users of tech analysis.You expected that all your statements would be accepted? Strange.To some practical discussion. Regardless of governing trend?This is extremely misleading I certainly challenge the 70-80% strike rate.When do you initiate trades before a break or after the first break bar?When has it failed in your veiw?A breakout doesnt need confirmation ---it can be seen!!! Support from increased volume is handy.Purely dependant on time frame.CBL used as an entry and exit will have you whipsawing your trades.Used as an exit It is far too premature.However as a trailing stop in some instances could lock in profits.Honestly this is just Technical paralysis---I'm no novice after 12 yrs you can spot it a mile off---totally un necessary to trade.Ive investigated most technical trading methodlogies over the years and rejected most.Ive tested more technical indicators and setup than you probably know of. You should learn how to test them as it can and will save you lots of money,heart ache and hrs of un necessary delusion.(as you can trade ideas over years of data in seconds).Do enough of that long enough and you'll have a pretty good idea of whats useful and whats not!Yes I trade.I can direct you to the live trading of one methodlogy over the last 4 yrs and still traded live if you'd like.coyotte.You sadly under estimate the experience here of some of the posters.Personally I have used and discarded much of that which you write years ago.So to will you,when you discover what you need to do to trade consistently----analysing your brains out either Technically Fundamentally or BOTH ----isnt in itself the path to consistant profit.I have no problems with your posts or examples but dont treat us as collectively (or individually) technically ignorant!tech
My apologies I was un aware you set the guidelines for this thread!
What makes you think we are not trading?
What makes you think the advise given has/is not practical.
Frankly what I see is analysis paralysis,a common fault of early users of tech analysis.
You expected that all your statements would be accepted? Strange.
To some practical discussion.
Regardless of governing trend?
This is extremely misleading I certainly challenge the 70-80% strike rate.
When do you initiate trades before a break or after the first break bar?
When has it failed in your veiw?
A breakout doesnt need confirmation ---it can be seen!!! Support from increased volume is handy.
Purely dependant on time frame.CBL used as an entry and exit will have you whipsawing your trades.Used as an exit It is far too premature.
However as a trailing stop in some instances could lock in profits.
Honestly this is just Technical paralysis---I'm no novice after 12 yrs you can spot it a mile off---totally un necessary to trade.
Ive investigated most technical trading methodlogies over the years and rejected most.Ive tested more technical indicators and setup than you probably know of. You should learn how to test them as it can and will save you lots of money,heart ache and hrs of un necessary delusion.(as you can trade ideas over years of data in seconds).Do enough of that long enough and you'll have a pretty good idea of whats useful and whats not!
Yes I trade.I can direct you to the live trading of one methodlogy over the last 4 yrs and still traded live if you'd like.
coyotte.
You sadly under estimate the experience here of some of the posters.
Personally I have used and discarded much of that which you write years ago.
So to will you,when you discover what you need to do to trade consistently----analysing your brains out either Technically Fundamentally or BOTH ----isnt in itself the path to consistant profit.
I have no problems with your posts or examples but dont treat us as collectively (or individually) technically ignorant!
tech
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