Mindblown: a blog about philosophy.
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Gartley harmonic Pattern
What is the Gartley pattern? The Gartley pattern is the most commonly used harmonic pattern that is based on Fibonacci numbers and ratios. This pattern offers assistance to traders in identifying reaction highs and lows. H.M. Gartley laid down the foundation for harmonic chart patterns in 1932 in his book ‘Profits in the Stock Market’. A harmonic pattern operates on…
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AB=CD harmonic pattern
What is the AB=CD trading pattern? after being discovered originally by H. M. Gartley, the AB=CD trading pattern has become very effective as a trading technique for technical traders. This trading pattern helps you to identify when the price is about to change direction. The idea is that you can purchase when the price is low and…
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Harmonic patterns help you enhance your trading strategy
Depending on the pattern (each pattern can tell a different story), they can be a hint for : Furthermore, this pattern can be a bullish pattern (meaning it hindsights for a price move up) or a bearish pattern (meaning it hindsights for a price move down). If you want to learn more about these patterns,…
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Every single harmonic trading pattern detailed
Below you’ll find the ultimate database with every single harmonic pattern (and all the other types of technical analysis chart patterns if you are interested: candlestick patterns and traditional patterns). Each harmonic pattern has a dedicated detailed article. Even though these patterns are quite complex patterns, we tried to make it as simple as possible and each article goes into detailed…
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Quotes from Anthony Hopkins to apply to your trading:2
Breett Steenbarger The core problem, however, is the need to fit markets into a style of trading rather than finding ways to trade that fit with market behavior.Brett Steenbarger Brucee Kovner I know where I’m getting out before I get in.Bruce Kovner If you personalise losses, you can’t trade.Bruce Kovner Michael Marcus taught me one…
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Some quotes from Anthony Hopkins to apply to your trading
We are dying from overthinking. We are slowly killing ourselves by thinking about everything. Think. Think. And think. You can never trust the human mind anyway. It’s a death trap.Anthony Hopkins Some quotes from Anthony Robbins to apply to your trading It’s not what we do once in a while that shapes our lives. It’s…
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235 Best Trading Quotes Of All Time
Trading quotes from famous Twiitter traders Rising tide lifts all boats over the wall of worry and exposes bears swimming naked.@StockCats The trend is your friend – until it stabs you in the back with a chopstick.@StockCats Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over…
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Rectangle Pattern
What is the Rectangle pattern? The rectangle formation is a classical technical analysis pattern shown by horizontal lines describing important support and resistance. Traders can successfully trade it by buying at support and selling at resistance levels. They can also wait for a breakout from the formation and making use of the measuring principle. This continuation pattern forms as…
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Triple Bottom Pattern
What is the Triple Bottom pattern? The Triple Bottom chart pattern is used in technical analysis. It’s characterized by three equal lows followed by a breakout above the resistance level. Typically, the pattern follows a prolonged downtrend where bears are controlling the trading market. While the first bottom could simply be normal price movement, the second…
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Bullish & Bearish Pennant Pattern
What is the Pennant pattern? Some traders use the pennant pattern as an entry pattern for continuing a current trend. It usually forms after a sharp price movement that can contain gaps (referred to as the mast or pole of the pennant). The pennant represents a time of indecision in the middle of the complete move, consolidating…
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