No. It cannot. But this item can: OK, serious answer. Don't try to predict or anticipate. Just react to the chart. When there is a pattern / signal with confirmation, enter the trade without hesitation / delay.
Hello maxinger, Yes, I never understood why traders buy trading books and read it. Waste of time. Just stare at the chart like this and have fun. https://www.elitetrader.com/et/threads/can-price-predict-its-own-future.373851/page-9#post-5798280
Hello mikeriley, Have Michael Jenkins earned +$1 millionaire as a day trader with records to prove it? Thank you,
When I started trading, I had no choice but to buy trading books, attend trading courses. Then I had to decontaminate my mind. So for those newbies who don't have a mentor, they have to buy trading books, attend trading courses ....
Hello maxinger, I purchased one price action course for $300. That was it. I do not need no more training on trading.
Interesting how price absolutely did predict it's own path on the chart I posted. Are you people blind? Last night I followed the same procedure following the mirror technique and took over 200 ticks. Just coincidence again? Appreciate all the comments, it's been both fun and educational.
SunTrader, you and I both know EVERY TRADER would never enter a trade WITHOUT predicting what he or she thinks price is going to do. Anyone who says otherwise is just being disingenuous.
Bro, are you too lazy to research an answer to your own question? Your assumption that any trader has to earn over a million a day trading the markets is completely foolish. Does your present mentor earn a million a day trading? How about lowering your standards to at least a million a year. You claim you now have a Mentor. When I was under mentorship I was instructed to read several trading books. If your mentor instructs you to READ a trading book, would you? Or will you continue in your naïf and negative assumption that nothing can be gleaned from reading? Good luck to you