Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I am afraid plenty of people believe these patterns work, including billion dollar hedge funds that used to employ Larry pesavento and his pattern recognition skills. I was interested in pointing out that even in dull markets (rangy conditions, which exist more often than trendy conditions), patterns are discernible.
This however, seems gibberish to you. I wasn't looking for an explanation of how you trade, why you trade or your beliefs, but simply if you observed anything in that chart. Your response is odd. Pesavento patterns are merely Fib numbers and their factors and ratios graphically tied together, nothing more. I am not looking for your judgement, but your participation or your input. I was mistaken.
Can you help answer these questions from other members on NexusFi?
I was short around 85.10 - 85.20. It gave me just enough of a move back to start exitting in a controlled manner. Stop was around 85.45, above the highest black bar
I just lost all minute based historical data. Tried reconnecting, nothing. I can use futures.io (formerly BMT) chart images for reference I guess...Not sure, that may put me out.