Amen Brother ! Eddie Toppel wrote a little book about it, I think you might enjoy his writing style. That LBR pdf on tape reading is 24K...
...fade brother fade...
Identifying chop .vs. trend I prefer Market Profile... but I understand MP is a taboo subject so ... ...years ago we used 1 minute volume...
welcome to Alice in Wonderland (in near real time) fearless, you are a genius Spooz Top, your my new hero... brilliant read this week and...
... human nature never changes.... a tragedy of errors.... and yet again we are reminded to never underestimate the supreme power of the human ego :p
B1S2 has stated on several occasions in the journal he does not use (or agree with) the strategy of scaling out of a profitable trade. It is a...
...those bright red bars are a pretty strong signal in and of themselves. its a bit of a catch-22 situation when you stop and think about it......
Your welcome, pleased to hear it helped you :)
...just wanted to offer a few thoughts on this idea of pure charts, ect. Please keep in mind, it is not my intent to provoke or offend anyone...
...simply answer that timeless question and the rest is easy :) ... every trend following thread on ET eventually runs into this abstruse...
Well in either case, double top or ascending triangle, the market was most likely already in an uptrend leading into the congestion pattern. In...
IMHO, it is difficult to correctly interpret the DOM without a good understanding of the T&S to go along with it. DOM is more appropriately viewed...
Equal highs is the definition of a double top :) An obvious exception that comes to mind is that of an ascending triangle...in which case you...
I think your looking at two separate trades. The exit at stop loss somewhere in the middle of the W, then the potential entry short on the overall...
...the market is often counter-intuitive in nature... the scenario you described is typical within a downtrend, the confirmation of which can be...
Thank you Sir... your point on the use (or abuse) of the breakeven stop loss is certainly well taken. It is not uncommon to find traders...
Anek - enjoying reading your Journal, congrat's on your success :cool:
It is a natural human characteristic to learn from our mistakes. In trading, the natural response to taking a loss in a trade is to get busy and...
Taking a lot of small losses, a high frequency of losses, is a reasonable explanation for traders developing the tendency to react emotionally and...
Thanks, you as well :)
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