12.14.19 when I start these videos I'm not sure exactly what I'm going to say, and when I'm done with the video I decide if I'm going to upload it. I use this statement to clarify points that I was trying to make. I chose to talk about 135 patterns which are trending patterns. In the oil example I used there is a visual irony in that the corrections are very abrupt and very bearish looking in a market that is bullish and working its way higher. In these examples when you try to apply the paradigm that " the trend is your friend " the real-time experience feels anything but that this market is trending higher--- and if that is your feeling, this will keep you out of opportunity, and even worse, get you trading in the wrong direction. Think about it, a market takes days to move higher, and then in a matter of a day or two you have one or two bars taking out almost all of the move higher, but it still ends up being a trending market higher. I'm guessing that most people don't visualize these patterns when they think of a trend. In my own trading I think this is very important to take into consideration.
I make some general comments on gold and oil and the type of markets I think they are.
I make some general comments on gold and oil and the type of markets I think they are.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.