Who trades on levels share their experiences - page 63
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Well, Alexander Mikhailovich tells good jokes, butwhy does the likelihood of rebound increase?
I've been reading this thread for a long time, but I still don't understand why the probability of a pullback increases ?
I said it wrong, the probability of a reversal is always 50%, so you need to add something else to this probability, for example a trade in a trend, and what do we know about the trend? If a penny drops out as an eagle today, the move will be long and we will catch it. And if all stops are short, then you'll rather take a big profit, from 1 to 3 and higher.
I said it wrong, the probability of a reversal is always 50%, so we need to add something else to this probability, for example a trade in a trend, and what do we know about a trend? If a penny drops out as an eagle today, the turn will be long and we will catch it, and if all stops are short, we will rather get a big profit, from 1 to 3 and higher.
Well let's put it this way, the probability is not always 50%, but it tends to be.
Understand, Sergey, you can go around in circles for a long time and catch up with the departing train.
Well, let's just say the probability is not always 50%, but it's tending to be.
You have to understand, Sergei, you can go around in circles and catch up with the departing train for a long time.
So give me your version of what's going on
So give me your version of what's going on.
I don't have one.
Tip. You should remove the candlesticks from the analysis, leave the levels.
On what grounds? To get out of the way? Or are they misleading? I didn't write anything on the candles, or should I remove them from the chart altogether?
I don't have one.
then what makes you think it's running in circles?
On what grounds? To get out of the way? Or are they misleading? I didn't write anything on the candles, or should I remove them from the chart?
absolutely correct. The timeframes should be excluded from the analysis. There is the price movement. Further you can do it yourself.
Then what makes you think it's running in circles?
Sergei, let's speak in tongues.
This is my opinion, based on internal experience. It is subjective.