NCA 2: THE CHARTBOOK

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Wizzlebizzle
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Re: NCA 2: THE CHARTBOOK

Postby Wizzlebizzle » Tue Jul 19, 2022 5:46 pm

IgazI wrote:
Wizzlebizzle wrote:
IgazI wrote:Pattern.png
The #2 point will always be a breakout.
123_dot.png


Hey Igazi,

Thanks for sharing your insightful charts. Still learning lots from them :)

If you are able to share, What do you base the dotted lines on? i.e. how do you draw them?

Cheers, W


A chart is just two things:
- a breakout
- a pattern; the thing behind the breakout.

Find the patterns by searching behind the breakouts.

Trade the breakouts from the patterns.


What is the pattern in this case? I see a higher high that is broken ?

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IgazI
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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Tue Jul 19, 2022 6:07 pm

Wizzlebizzle wrote:
IgazI wrote:
Wizzlebizzle wrote:
Hey Igazi,

Thanks for sharing your insightful charts. Still learning lots from them :)

If you are able to share, What do you base the dotted lines on? i.e. how do you draw them?

Cheers, W


A chart is just two things:
- a breakout
- a pattern; the thing behind the breakout.

Find the patterns by searching behind the breakouts.

Trade the breakouts from the patterns.


What is the pattern in this case? I see a higher high that is broken ?


- a pattern; the thing behind the breakout.

If it is not a breakout then it is a pattern.

If it is not a pattern then it is a breakout.

It doesn't matter what name you give it.

Trade the breakouts from the patterns.

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Wizzlebizzle
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Re: NCA 2: THE CHARTBOOK

Postby Wizzlebizzle » Tue Jul 19, 2022 6:55 pm

Hm.. let me ponder on that for a while longer before I say "I get it"

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IgazI
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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Wed Jul 20, 2022 2:57 am

If you can identify a breakout and trace it back to its area of origin then you have found a 'pattern':
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It doesn't matter what or why it is, only that it exists.
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IgazI
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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Sun Jul 24, 2022 2:38 pm

If it is not a pattern then it is a breakout.

If you think that it is a breakout then look for the pattern. . .that "THING" behind the breakout;

it is not a pet, you don't have to give it a name :lol:

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Re: NCA 2: THE CHARTBOOK

Postby Jhx » Mon Jul 25, 2022 3:22 am

IgazI wrote:
Wizzlebizzle wrote:
IgazI wrote:
A chart is just two things:
- a breakout
- a pattern; the thing behind the breakout.

Find the patterns by searching behind the breakouts.

Trade the breakouts from the patterns.


What is the pattern in this case? I see a higher high that is broken ?


- a pattern; the thing behind the breakout.

If it is not a breakout then it is a pattern.

If it is not a pattern then it is a breakout.

It doesn't matter what name you give it.

Trade the breakouts from the patterns.

save.png


There is something about this post that maybe turned a lightbulb :idea: . Need to ponder it a bit more.

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Don_xyZ
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Re: NCA 2: THE CHARTBOOK

Postby Don_xyZ » Tue Jul 26, 2022 1:17 am

Jhx wrote:
IgazI wrote:
Wizzlebizzle wrote:
What is the pattern in this case? I see a higher high that is broken ?


- a pattern; the thing behind the breakout.

If it is not a breakout then it is a pattern.

If it is not a pattern then it is a breakout.

It doesn't matter what name you give it.

Trade the breakouts from the patterns.

save.png


There is something about this post that maybe turned a lightbulb :idea: . Need to ponder it a bit more.


If you think too hard you might miss the obvious. What IgazI mentioned is the core.
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IgazI
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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Tue Jul 26, 2022 8:14 pm

I believe in you.

You can see it.

You can trade it.


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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Wed Jul 27, 2022 5:11 pm

The arrows depict how the 20 SMA of the close generally moves in relation to the 25 SMA of the high and the low;

do with this information as you will.

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Re: NCA 2: THE CHARTBOOK

Postby IgazI » Sun Jul 31, 2022 6:20 pm

Bitcorn.

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