I agree that dismissing indicators as useless is highly dangerous. It is just as dangerous as relying on indicators. I tried to go the pure...
Remember the famous words, "housing has bottomed" by Paulson last year? How about "housing is contained" by Bernanke. If these guys were...
You can always change the rules during the game. How about banning short selling of commodity futures? Windfall tax on oil companies might...
Good looking chart. Choppy day though. Appreciate the comments since it helps us all learn price action trading.
I was hoping for Mitt Romney. This selection is very bizarre. McCain will either look like a genius or a complete fool if he loses.
I totally agree about the break out thing. Bad thing is there is so much voodoo trash books out there that you don't know it is garbage until...
If I remember correctly, Sharon Stone won the duel.
I really appreciate your postings since your style of trading is what I am trying to accomplish. It is interesting that you have added...
Amitman, I saw your charts in the other price action journal. Looks like you have taken your trading to a different level. I had a...
jjrvat, I have read the journal many times, and learn something new every time. Recently I found on my hard drive a trading session I had...
Now Michigan is too big to fail. The auto manufacturers will probably be bailed out if they start sinking. Oh, wait, they are already...
Let's not forget Bob Pisani. He just said recently that the bottom made in the financials look "different" this time.
Hi EMC, Great thread. I use volume charts on the NQ, and started using the bid ask pressure indicator in TS before finding this thread. I...
How about using a volume based chart and look for a time frame that makes it easy to identify waves? I find the NQ choppy most of the time,...
Trading strategies when you don't have a lot of screen time is a recipe for disaster. I have his book and DVD course, but just trading these...
Stopped getting data a few minutes ago. Just got out of a NQ short. All data frozen.
Hi Incognito, I am an advocate of price action as well. Let's get your scalper thread going since I am interested in your input. Posting...
No need to fear. Jim Cramer will probably have some kind of solution on today's program.
Bush proudly declared "Mission Accomplished" with a banner. Paulson declared housing has bottomed.
Hi Ironfist, It seems that the first HL you have on the chart is not really a HL if you look at price action instead of the yellow MA....
Separate names with a comma.