LYC 1.87% $6.29 lynas rare earths limited

* bullish engulfing, page-14

  1. 1,155 Posts.
    any sharing of data as per what mitta has done can be made to appear impressive.

    but impressive does not mean conclusive nor complete.

    for every LYC, there is a XYZ that fails. and even for LYC, using different time intervals yield different results.

    i dont bother going into detail and waste my life and time disproving candlestick analysis because at the end of the day, how much money will that make me. i just know it does not work reliably.

    how can i reverse positions in my backtest and still get roughly the same results. i actually put out sell orders with a solid bullish engulfing signal and still get roughly the same results over different time periods, different stocks.

    gut feeling is that the SP behaves in a way where the past can never predict the future.
 
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