If one takes the time to compare the high/low of price turns to certain price levels in the environment leading up to the price turn, one will...
k p is searching for certainty in an environment that is inherently uncertain. k p has a clean, strong foundation upon which to build a...
Awesome posts delMar! Written in 1935 and still works beautifully in 2015 :cool:
FWIW, looks to me like Saber is trading pure price action and very nicely at that. That first loss yesterday was due to poor stop placement, not a...
What's really interesting is that I've never seen anyone demonstrate the consistently profitable use of the above in real time. Many of us who use...
Almost all car accidents involve people driving cars with steering wheels in them. Sadly, no one seems willing to offer me information about cars...
Normal people don't trade. o_O
Nearly 2 years ago I posted a list of the initial price action patterns that signal potential chop/range conditions are quite likely:...
A longer break is a good idea, IMHO. I take a breakfast break after a couple hours because of: http://en.wikipedia.org/wiki/Decision_fatigue...
I thought I was the only who felt this way, LOL! Those intuitive non-plan trades all work perfectly unless I'm in them! :p
Charts are a visual illustration of what actually happened. Charts are like footprints. Once you learn to recognize, say, elephant footprints and...
Doing stats is the RIGHT PATH. Geez was a consistently profitable trader because he had extensive stats that demonstrated the importance of each...
To me, your method and your thinking look like this: You see a key level of support or resistance (a “line in the sand”, so to speak). You’ve...
Seriously, what was going on with our beloved crude today? It felt like two massive HFT robots were trying to outsmart each other most of the day....
"Difficult" is a bit of an understatement. Although there were quite a few trades that would've worked if I applied my entry/management rules to...
I often find myself in a trade where it "feels" like the trade isn't going to work out and I have that thought of taking a smaller loss instead of...
The entry method I described and that you illustrated so nicely above is same concept that blew your mind the other day. The nice thing about...
Your blue arrow short idea at that point in time is an idea without a signal. Price is in a range with range support at previous resistance....
Continuation in a strong trend, I let price sweep me back into the direction of the trend, which is a "worse" price than anticipating a level will...
You're catching on here! Like that example on the chart from the other day where you had the blue arrow. First I get the signal to go long. Then I...
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