So, would you sat that a single bar doji is not a pattern? and also would you explain what you mean about what you exactly mean by trend and counter trend?
So say you want to find a bullish trend well what you would do is look for 2 support red candles followed buy three counter trend red candles followed buy the trend 4 green candles
Ethereum right now has a bearish set up if we look at 16:15 two support candles
Then it has 3 counter trend green candles then 4 trend red candles and the first bars over 4 is red
It’s time to enter sell on ethereum
You don’t need any of that, just read Bulkowski, he’s done all the work for you, has more experience than you, is better at it than you, and provided all the probabilities for every combination, the fact no one ever mentions his work is just everyone reinventing the wheel with no benefit whatsoever.
Sure, except I have been doing this a lot longer and more successfully than you, everything is already known in the markets.
“New” is fine if you are trading against retail, but today institutions leave very little on the table which they haven’t absorbed, tracking smart money is the way to go and that is using what is known to work.
Unfortunately most retail don’t have access to that knowledge but that is an entirely different problem.
what an honor, a privilege and a delight it is for the rest of us mere mortals to have not just one but two expert superheroes among us to educate, inspire and enthrall us so regularly - at least, I assume they must genuinely be experts because they say so themselves (forcefully and repeatedly) and there can’t really be any more authentic or better-informed sources than that, can there?
Sure, unfortunately you missed the point that unique and retail only produce pennies on the dollar, but some people are happy with that.
In the coming months when the brokers and institutions run out of liquidity and squeeze everyone sensless I would say you might understand, but you won’t