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dmiles

Chart pattern illistrations

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Found these while searching for chart pattern illustrations. Thought I'd share them with the community.

fxtimes-continuation-chart-pattern.png

fxtimes-continuation-bilateral-chart-pattern.png

Snap 2020-01-12 at 13.18.53.png

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8 hours ago, Jaxettew said:

Kind of a hard question, but what percentage would you say these patterns actually work?

it really does not matter. All that matters that your risk is lower than your risk and that the risk/reward ratio is big enough to decide to enter the trade. More important would be to look at the right stocks when it works. So that would be 50/50 chance

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21 hours ago, Jaxettew said:

Kind of a hard question, but what percentage would you say these patterns actually work?

It's part of having an edge in the market. I have been amazed at how often they do seem to work, but nothing is %100. It's just a bigger probability that these patterns will repeat themselves, as opposed to just going out and taking trades with no edge. 

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