Hmm, we got the posts out of sink, I wrote this after your last post but before this one, so it's in answer to the one below ! :-)

If you honestly believe that price moves because of arbitrary (lagging) chart patterns then you are in the 90% of people who will fail to make money. Price moves because of basic economics, supply and demand, not made up lines on a chart based on historical price data.

Imagine a hedge fund holding billions of dollars, and they get an order from one of their clients to liquidate a substantial position. Do you honestly think they say "hmmm, we just checked with the gurus on the internets, and they say there's a 4th leg elliot wave pattern forming on that stock which means the price has to go up ! so I'm afraid we can't sell it, sorry" 

Do you think that ever happens, ever ? or do you think they just liquidate the position as instructed and the price moves to the downside ? but muh elliot waves !! the price can't move unless muh elliot waves say so !! Bunk.

Study after study has proven that technical indicators have the same chance of success as a 50/50 coin toss. I can supply at least a dozen independent financial studies if you want, honestly, just ask and I'll give you the details of them, title, date, author, ISBN even. Apparently the only time they ever work is in emerging markets, where they work something like 52/48 instead...

The only thing indicators do is tell you what's happened in the past, something you can see just by looking at a naked chart ! Supply and demand moves price, not fancy patterns.

Look at MACD for example, one of the most popular (amateur) indicators, it's a frikken 3rd derivative of the actual price !!  Take two moving averages of the price (1st derivative), subtract one from the the other (2nd derivative) and then apply a moving average to it again (3rd derivative). Is it possible for the indicator to be more removed from what the actual price is doing ?? And lets not mention all the fractal predictions... 

"We were going to start a war in Yemen today, but that would make oil prices shoot up, and there's a fractal pattern on oil that says the price should be going down instead... Oh well, better call the troops off and wait until the magic chart patterns tell us that oil can go up first". Real world ?

I know you're a lost cause, but for anyone else reading this then do yourself a favour and drop all the TA crap, that's why you're all losing money. You're using indicators as a moral authority that tells you when to trade, because you don't have the skills or experience to just do it yourself. If it doesn't work out, it's not your fault, its the indicators fault, it's the systems fault, it's the markets fault, it's the brokers fault. No, it's your fault. Just learn how to read a chart and then you'll start making money like the professional do. 

I even did a (tongue in cheek) post to show you what an amateurs trading screen looks like compared to a professional traders ! And I mean from real amateurs and real professionals, it wasn't just a joke. If you can spot the difference between the two types of charts then you're well on your way to making money. You already seen it and commented Bit, the link for anyone who hasn't > https://steemit.com/trading/@tradergurl/spot-the-difference

Some day you'll get it Bit, some day...probably when you're fed up of losing money :-) lol