Remember no one is forcing you to trade live. In fact, don't trade live until you fully believe in yourself and your method. Glad you did well. Anek
Walter, I do not like time based charts, they got longbars and mislead. I don't recommend them. Feel free to use them to practice trend classification but definitely tick or volume based bars for the real deal. Anek
Forget the word fibs, to me it's just voodoo crap. Just examine complacency of bears and bulls akin to meet me half way or 50%. Aside from that, study price, study the micro reversal when looking for entry, look at time and sales, stochs, etc. Many times you will not always get that 50% if trend is mega strong. Need to study price action and when you see a sign of "ok we are done", weak hands out, then you jump with the trend that matters. Anek
Jaxon, Tradestation requires a solid machine with plenty of CPU power and memory to work well. I like the charting software though. Anek
Hi Stealth There has been mention of market internals here. Could you mention a few I could read up on? TICK, TRIN, PUT/CALL, A/D ? could you please elaborate ? thanks for a great thread anek ! cheers ss
I will let ST answer this but I could not help posting my opinion TICK TRIN A/D nothing of that matters to me. It used to, it does not anymore. So ST does not approve of my anchor charts and I don't approve of his market internals. Can you say, FIGHT!? :eek: Just kidding, peace and love. Anek
Anek, 3 trades today 2 win 1 loss +4,-4,+4 Would you offer comments on my entries/exits or lack of same? Thanks, Don