Price can only move up or down (sideways is not movement). Buyers want a good price and look for signs of price support at a key level; sellers...
Yesterday presents a good opportunity to review a few principles, and since the thread is now long enough that few people will read it, this is a...
Thanks! I understand the algorithm you say. I attach a pic, I also have some questions. If h.0 is a little higher than h.1 and l.0 is higher...
Revisited this gem of a post from May. There is just so much here. A reminder to make it simple and then keep it that way.
Yes. But forget about support and resistance. We need to identify price formations. What formation (10 price cases) does the new bar create in...
The OP encouraged an adult exchange among those within a certain age group (I didn't make the cut, I found out). As a trader mateurs in...
Great post.:p IMHO, it depends on the trading instrument as well. I would feel more comfortable counter-trend trading ES ( a congested market...
JUST like to let you know that i found my holy grail at long last.... price action patterns that you eluded to, were also parts of the holy...
Problem: you get emotional over the near random results of one daytrade. This makes as much sense as a casino getting emotional over the result of...
Simulated Trading - Day 1 Short note on change in plans - since I will be trading on the Simulator, I decided to trade ES, not NQ. I have...
Nodoji where should one begin the journey of learning PA in the retail space of trading? U don't do PM's?
1. All trading is done in a window. The four sides are determined in the same manner all the time. a. The right one third of your display is...
+ 101
I forged (not found) my personal holy grail of trading between the summer of 2009 and summer of 2010. It required an unbelievable amount of work...
Counter trading incorrectly, which is how most traders do it, is most definitely a disease and doing it correctly requires tons of skill and...
BINGO!
========================== Kiev; I agree with much of that; except 50 day, + 50 period moving average can be very helpful:cool: Prices may or...
Today was one of my best days. Positive 33P. 1st trade I went long on a break out. Trade went against me, and I added 2 contracts on 1st...
Price is trending up with previous consolidation holding as support on the 2-leg pullback. Starting at the left side of the chart, notice how...
I just did all the opposite your forecast,very bullish USD,will buy more if goes against me,this is now like sp500 ,just buy any dips and gonna...
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