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Charting Secrets: Trade Like a Machine and Finally Beat the Markets Using These Bulletproof Strategies, 2nd Edition by Louise Bedford

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6: Finally nail macro reversal patterns

There’s no doubt — I adore patterns. They give me an edge in the markets like no other. You’re about to fall in love with them too . . .

Before i fell in love with pattern-detection I was an unprofitable, unfocused trader who was about to quit. Then, all that changed. Patterns became my secret weapon. Once I started to understand the waves of money that flow into and out of the markets, and the psychology of the traders controlling that money, it was like a veil had been lifted. I was riveted. I studied charts like I was obsessed, imagining I could hear what individual traders were saying to themselves as they watched the same charts. I could feel their terror, and their greed. I could see where they ...

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