Day: 6 October 2015


Harmonic Pattern Sifting

Harmonic patterns are often referred to as ‘advance patterns’. This article does not go into the historical basis or evidence for the foundations of their use. There have been numerous statistical analyses of how these patterns can predict price action. No evidence is supplied for the latter. It is for traders to direct themselves to find these things. In this post the Harmonic Pattern Sifter is presented (without warranty). This tool is an algorithm thatRead More

The so-called Fearless State

Mark Douglas is commonly credited for coining the term ‘the fearless state’ in his book Trading in the Zone. Lots of other people have probably talked about this state of mind. But what is it exactly? I explore but I disagree with some of what he has said – or the meanings put on what he has said. For the avoidance of doubt, I’ve written this not to win a point or score a point.Read More

Revisiting the Williams Vix Fix

In May 2015 I had briefly visited the Williams Vix Fix (WVF) when I was ‘Rethinking indicators’. On and off since then I had explored various setups on the WVF. Like most things in trading the importance of some aspect doesn’t quite hit you until later on. In the last few weeks I had been backtesting the WVF and came up with some conclusions that it is a workable strategy for delivering overall profits. InRead More