Chart Patterns Don't Work Like They Did in the Past 😕🙄
● When the Chart Patterns Don't Work http://www.financial-spread-betting.com/Indicators-work.html
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Some studies show that chart patterns are no longer working. What does it mean for traders? Why do chart patterns fail? Is trading chart patterns useless? These studies show that if you take patterns in the textbook way, these aren't working as effectively as they were working in the past.
Chart Patterns Don't Work Like They Did in the Past
To me this is no surprise. In years past people were making an awful lot of money riding trends; the pullbacks weren't so aggressive... Market dynamics and participants have changed. Today, we have a lot more algos driving price. Even people can instantly switch their positions.
I learned pretty much early on that following chart patterns blindly will lose me money. It is just the way it is... We have to look at these patterns in the bigger picture and context.
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Видео Chart Patterns Don't Work Like They Did in the Past 😕🙄 канала UKspreadbetting
● Check Mark's Premium Course: https://price-action-trading.teachable.com/
✔ Please like, subscribe & comment if you enjoyed - it helps a lot!
Some studies show that chart patterns are no longer working. What does it mean for traders? Why do chart patterns fail? Is trading chart patterns useless? These studies show that if you take patterns in the textbook way, these aren't working as effectively as they were working in the past.
Chart Patterns Don't Work Like They Did in the Past
To me this is no surprise. In years past people were making an awful lot of money riding trends; the pullbacks weren't so aggressive... Market dynamics and participants have changed. Today, we have a lot more algos driving price. Even people can instantly switch their positions.
I learned pretty much early on that following chart patterns blindly will lose me money. It is just the way it is... We have to look at these patterns in the bigger picture and context.
Related Videos
Studies show that chart patterns are no longer working, what does it mean for traders!? 😕
https://www.youtube.com/watch?v=iu1AuSSp0UU
The Pitfalls of Technical Analysis and is it Scientifically Sound? 🔍
https://www.youtube.com/watch?v=uLtrtdJN4fg
Is Trading From Charts & Technical Analysis A Big Scam? Do Indicators Work? 🙄
https://www.youtube.com/watch?v=6KGoxSfpAtw
Is Technical Analysis Just BullShit / Nonsense? 🙄
https://www.youtube.com/watch?v=D0_-AL7ZH1U
Does a Moving Average Crossover System Really Work!? 🤔
https://www.youtube.com/watch?v=bq3UR0bs6Jw
Other Related Videos
Leading vs Lagging Indicators. What's the Point in Lagging Indicators? 🤔
https://www.youtube.com/watch?v=ff27yMrnFyw
Has Your Trading Strategy Stopped Working? When to Stop Using Your System? 🌚
https://www.youtube.com/watch?v=4Rz3lI7gOqk
Know When NOT to Trade Your Strategy! Good and Bad Market Conditions to Trade 👊
https://www.youtube.com/watch?v=eCcNplTsbLc
Видео Chart Patterns Don't Work Like They Did in the Past 😕🙄 канала UKspreadbetting
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