Recent content by lolo55

Here's my final conclusion. But first I'd like to thank you all. Really appreciated! The " If it is good to be true, it's probably is" or " it can't be that simple, you moron! " Mentality is the root of all failures, for me at least. Here is why; because everyone must start somewhere, you just...

Still no answer to my question: If anyone can easily know about and follow the same strategy; being pure price action or PA as a component in a larger but simple strategy, would not competition ruin the edge ?!

I understand, so if i have a hypothesis that some pattern occurs and repeats because of underlying behavior of traders , maybe a panic, or greed , or gambling or rapped in a losing position, or whatever, does this make a difference. Still It's a pattern in price action. Knowing the reasons...

This is very helping, thanks! So you are saying that plain vanilla price action works, right ?

I believe that price action contain some valuable information about balance of supply and demand, order flow created by more informed traders or market makers. I believe that price action shows the path of least resistance. Sorry, but I tried to understand what do you mean but you lost me...

For me any analyzing price action means nothing but detecting patterns that might work , not necessarily classical chart patterns. What do you think ?

I need some help here please. Regarding market efficiency, particularly Technical Analysis and Price action. I really believe in TA and have observed that some patterns really has a positive expectancy (though not very big but big enough to beat random entry at least). My question is: If anyone...