hmm.no edges in the markets

Discussion in 'Trading' started by chimera, Jul 16, 2013.

  1. wrbtrader

    wrbtrader

    I don't use volume.
     
    #91     Jul 19, 2013
  2. NoDoji

    NoDoji

    I don't use volume either, mainly because I have no idea what to use it for or how to use it.
     
    #92     Jul 19, 2013
  3. trilogic

    trilogic

    is Red Neck around ?

    Should I review TF today, not sure I saw or learned anything specific, I could probably make up several trades though ?
     
    #93     Jul 19, 2013
  4. Allow the sending of PMs for at least a few hours, and I will send you a volume tip you can use via ET.

    EDIT: Done
     
    #94     Jul 19, 2013
  5. ammo

    ammo

    deep complex outlook can be decvieving,markets are really simple,like the sea, dont take your boat out in high storm,most boaters dont,traders should do the same
     
    #95     Jul 19, 2013
  6. Redneck

    Redneck

    Yup & Yup

    And do that - first you must recognize what it looks like, so then you can identify it while/ as it is being created


    Still trying to complicate things???

    first learn to crawl... then walk... THEN RUN





    I gazed upon a ming vase today, and what I saw was a clay pot suitable for holding flowers

    ===============

    See any struggle(s) between buyers and sellers

    See any pressure to drive price one way or the other – and the ensuing failure(s).., or success(es)

    See any trapped traders

    See any levels where price just couldn't break through… or reach... or busted through without hesitation

    You observed at the 10K foot level - we got to get down and dirty with it

    ==================

    So today’s chart is created – review it and find conditions/ levels / direction where you could have entered and profited

    Make note of how those appear (the conditions prior to, during, and following ...

    Monday look for similar


    ======================

    Today PA told a story – read today’s chart bar by bar and find it

    ======================

    btw, for me, reading a static chart is much harder than a live... but we gotta start somewhere


    RN
     
    #96     Jul 19, 2013
  7. dbphoenix

    dbphoenix

    • A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That’s the kind of thing winning traders do.

      -- Ed Seykota
     
    #97     Jul 19, 2013
  8. Redneck

    Redneck

    True DB... so true


    RN
     
    #98     Jul 19, 2013
  9. Redneck

    Redneck

    #99     Jul 19, 2013
  10. trilogic

    trilogic

    ok going over "stuff" tonight a bit then tmmrw - will report mind bending thoughts tmrrw sometime- thank you and will try to read into DB thoughts by reviewing his thread/posts
     
    #100     Jul 19, 2013