It is my second "job" and I love price pattern behavior and charting. I was taught what I do hands on by a trader on the job many years ago at a large desk - it is a long story. There are many web and book references of patterns and pattern behavior and they are valuable, but nothing teaches a lot of the minutia, specifics and bigger pictures that are important - there is also a lot of incorrect information out there too. No magic bullet here (no such thing) but a way of operating that works for me. Some don't understand how truly dynamic markets are ALL THE TIME. One is always potentially wrong and right depending WHEN action is taken. Action is separate from analysis and harder. How many of us have been dead right in a call or analysis and still lost on the trade, LOL?
The crux of it, for me- "All through time, people have basically acted the same way in the market as a result of greed, fear, ignorance, and hope - that is why the numerical formations and patterns recur on a constant basis."
I am not a "flipper" or day trader by nature, if that is my action it means I acted incorrectly or at the wrong time in the first place. If price behavior screams "act" in a more substantial way, I will.
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