Any successful chart traders here?

[Trembling Hand]

Here are a few good patterns I found that proves TA works,

face on Mars


Angry bag man


Angry Mop


Werewolf


And my fav setup,

Face in birdsh!te. That is TA 101.

 

[CanOz]

Forgive me for adding to this off topic nonsense....but i couldn't resist showing off my photo of this half face pattern in this 300m+ granite rock face in Mongolia....in the second shot, the close up, you can see my mate Sam fishing...

People see pattens in all kinds of things....

Pattern can be defined as a repeated form, so it doesn't necessarily need to be on a chart.

Personally the most reliable patterns are events that happen in the market. Examples....test of the O/Night high or low, opening swing high and low, test of the prior day OHLC, or even Prior session VWAP.

You can also see these on the a chart, then watch for the participants reaction in the DOM and the T&S.

 

[McLovin]

Here are a few good patterns I found that proves TA works,

My personal favourite.

I'll let you work it out...

 

[barney]

My personal favourite.

I'll let you work it out...

View attachment 55580

Easy Mac ............

There are "Windows" everywhere ..... It looks suspiciously like where they shot "The Bill", and there are "Gates" all across the front to stop access to the front doors ....

Windows, Bill, Gates ...... and no chance of getting entry to what's inside ...... Its obviously your latest trade on "Microsoft":

 

[skc]

My personal favourite.

I'll let you work it out...

A building that looks like Hitler?

 

[tech/a]

Nothing
Its whatever you want it to be.

What can I say I'm a chartist!

 

[McLovin]

A building that looks like Hitler?

Yeah you're right! It's been a good day for you.

And who says there isn't a website for everything...

http://acidcow.com/pics/18975-buildings-that-look-like-faces-100-pics.html

 

[burglar]

A building that looks like Hitler?

Even after you told me what it is, I still could not see it.

I needed to take six paces back;- and then squint.





Maybe there is a lesson, right there. ::

 

[kid hustlr]

for newcomers to ASF and young traders who are being taught orhtodox methods, i apologise for my mess

it's a mess that works for me

so, here's a study i've had running for a while that i've updated....it might suit orthodox thinking, that is, it may fit more comfortably within ones own framework

for the XJO + todays updated and active trades....these are positions inline with a method to grab a very large zone play (to the downside) and the negative aspect is that i am short-only in this while trading other things in a more hands-on, moment by moment, completely unorthodox technique.....i've screen traded since 1992

currently, volatility is low and i am reading plays correctly, this is a very good period...soon enough volatility is going to pick up and my average win/loss will come back down...reading when and where is part of my process...for me...as a trader you need to be fully cognizant of your self and your strengths and weaknesses and each part of those is by growth and reacting/planning on the run with those parts...

anyways, onto the study and the play so far for the XJO, by the charts and a simply measuring tool
what cannot be seen within the charts is intent and positioning by the other accounts on the other side of my trades.....that, is the game that a chart can only elude to as a record of business and how the auction is being used

http://www.asiaonthebid.com/showthread.php/236-XJO-other-studies?p=1010#post1010

View attachment 55570

a trader must back him/herself ....and these are just words on a screen..... interpretation speaks of the interpreter in ways, they themselves, may not appreciate.....

price is not boxed by method

all everyone has are...... ideas

Starting to look healthy

 

[barney]

Not your traditional chart analysis, but the kind of stuff I look for in FX .....

Some daily divergence between the EUR/USD and the GBP/USD .... therefore looking for Long entries on the EUR/GBP

 

[barney]

Not your traditional chart analysis, but the kind of stuff I look for in FX .....

Some daily divergence between the EUR/USD and the GBP/USD .... therefore looking for Long entries on the EUR/GBP

Panned out ok in the medium term ..... made a few pips ........ Euro definitely stronger than the Pound tonight across the board ........ Chart analysis correct (this time lol ......

I called it live so happy with that

 

[Trembling Hand]

If the only input is as you have stated

Something is wrong.
It would simply get smashed.
Give me the numbers (as in print out ) and code.

You'll be using a code which has to have zig zag in it.
You cant use that for a trade systems test.
Zig Zag is dynamic.
Your past charts are set in stone the 50% retracement is set and the 38% move to it also
set.
When you try this real-time the 50% retracement wont hold like it is on the past charts

This is one of the biggest traps Noobs fall into when systems testing.
Sorry mate its just wrong.
Unfortunately un informed stuff like this gives tech analysis a bad wrap.

As T/H points out youll be smashed in out of sample forward testing.

GB got anything on this to help your questionable results?

 

[Gringotts Bank]

GB got anything on this to help your questionable results?

I got nuthin'. However it didn't use the Zig function, nor did it reference the future in any way. Can't de-bug it.

 

[tech/a]

I got nuthin'. However it didn't use the Zig function, nor did it reference the future in any way. Can't de-bug it.

Tell you what GB
You give me the code and if it's not a derivative of the zig zag function
I'll send Joe $500
If it does doesn't I'm sure you'll contribute.

If you referencing a pull back from a high there is no other way to do it.

Come on shut the smart **** duck up!

 

[Gringotts Bank]

Tell you what GB
You give me the code and if it's not a derivative of the zig zag function
I'll send Joe $500
If it does doesn't I'm sure you'll contribute.

If you referencing a pull back from a high there is no other way to do it.

Come on shut the smart **** duck up!

Just use fractal pivots to define major turning points. There's plenty of code on the net for free. As with the Zig function, you must allow 'n' bars after the pivot has been identified to avoid future referencing - it can be done safely. One way to do this is to have a delayed entry. Measure the distance between the high and low points, then apply whatever ratio you want to the last high fractal pivot.

 

[tech/a]

Just use fractal pivots to define major turning points. There's plenty of code on the net for free. As with the Zig function, you must allow 'n' bars after the pivot has been identified to avoid future referencing - it can be done safely. One way to do this is to have a delayed entry. Measure the distance between the high and low points, then apply whatever ratio you want to the last high fractal pivot.

The code you used where is that just cut and paste it here.

 

[Gringotts Bank]

The code you used where is that just cut and paste it here.

DO THIS, DO THAT.

I don't like orders much. Here: http://www.wisestocktrader.com/indicatorpasties/493-fractals

If you want to buy a custom code I had made for me which combines the fractals and Fibo (no buy/sell signals yet), I might consider that.

 

[tech/a]

DO THIS, DO THAT.

I don't like orders much. Here: http://www.wisestocktrader.com/indicatorpasties/493-fractals

If you want to buy a custom code I had made for me which combines the fractals and Fibo (no buy/sell signals yet), I might consider that.

This sort of rubbish doesn't help the technical analysis cause.

All secretive voodoo.

As I thought totally useless.
You presented something to " prove analysis " and when challenged
Cough up nothing with huff and puff.

Me---I don't like waffle much.

 

[Gringotts Bank]

This sort of rubbish doesn't help the technical analysis cause.

All secretive voodoo.

As I thought totally useless.
You presented something to " prove analysis " and when challenged
Cough up nothing with huff and puff.

Me---I don't like waffle much.

If I give you the synthesized codes, perhaps you could pay for the upgrade to backtestable status. Up to you.

I already said my own additions to the code were problematic, which is why I withdrew that post.

 

[Gringotts Bank]

Here's a version which is actually as good as my paid one.

http://www.wisestocktrader.com/indicatorpasties/354-alternative-zig-type-function-fibs-added