Do you still think market is random after watching this video?

Discussion in 'Trading' started by heispark, Dec 20, 2024.

  1. heispark

    heispark



    Market is NOT random. Period.
     
    stevep63 and wayfarer like this.
  2. heispark

    heispark

    By the way, he posts live trades everyday on forexfactory.com. He is not a hindsight master.
     
    stevep63 likes this.
  3. Much of any market's action is "random noise". SOME of it is NOT. Price TA is all about looking for "when it's not" and playing it properly... ALL MARKETS AND IN ALL TIME FRAMES... Price TA shows what players are actually doing with their money... buying... selling... and when they change from one to the other. We traders need to recognize that and get on the correct side of it as best we can.

    There are 2 major concepts about Pice TA... (1) Support and Resistance.... these are action points whether they hold or break. (2) Trending markets... how do they manifest?

    Get a handle on these (and yourself) and you've got the market by the gonads! You can't possibly lose unless YOU screw it up! :)
     
    Last edited: Dec 20, 2024
  4. Well said Scataphagos,
     
  5. He is trying to catch trades with support and resistance lines on a 10 min chart.

    Of course he is frustrated. There's too much noise in that time frame.

    Is he trading with IG? Is he does that's not real market data. When you trade with IG you are trading against the broker. You don't have direct market access with that broker.
     
  6. Relentless

    Relentless

    All these years I've wasted looking for the Holy Grail... when all I needed was to seek out Russell Brand!

    Son of a....
     
  7. odlareg

    odlareg

    Bunch of crap. Charts are loaded with money making opps, stop predicting and act.