always enjoy your thinking..see you next weekend...
i quickly wanted to say as a "pattern daytrader" and have been one for years...these chart patterns work..
they are repetitive, reliable, and most of all tradable...
i make my living using these patterns of supply and demand....does not matter what time frame you are trading either...
as long as one can recognize what the basic trend is, and begin to follow that trend, then one should be able to enjoy that move thru it's end...
the point really being we do not have to have the perfect "looks"..nor do we need to be right all the time..
as professional traders we can extricate ourselves from a bad trade because of external factors skewing the futures, or other events that mess up that trade...or simply being wrong..
it has no bearing on that pattern..what is...is...
if one keeps their trading simple, less cumbersome...and uses the tools and tactics that brung him/her to the dance, either by Ewave, Point & Figure, Candlesticks etc..it matters not...
success matters, confidence matters, and being right about 50% of the time matters..all in the scheme of things...
it all boils down to what works for you...define it, make it repetitive, make it profitable...
in the end it's only speculation anyway<g>...
best
OJ |
