How to Learn Price Action

I look at many things when watching price action, but here is a simple one to ponder. Either there is consistency, inconsistency or a combination of both.

 

Your terms "strong" or "weak" means nothing. Where do you think price action comes from?

 

It's not hard to look at a gainers/losers list and find the ones with better than average volume. Again...people making things too complicated.

 

I suggest you look at kinggyppo's BSC chart. If you have real money, you don't fuck around.

 

A stock falling off a cliff...what's your point?

 

I'm asking for the reversal. What's the strong/weak lesson? Oh, is it stochastic?

 

I can't figure out what your asking, so I'm giving up the debate. Moving on...

 

I don't think he even knows what he's asking

Dustin great posts thanks for the input there are people who listen and take notes.

 

A quick question to anyone who cares to respond.

When trading trending stocks, does anyone care to elaborate on their entries?

Assuming its an uptrending stock, do you wait as it touches the base of a channel and get in? or do you wait for for a consolidation?

If if you wait for a consolidation, do you buy in it (early) or wait for confirmation (breaking out) to get in?

 

I buy on pullbacks to trend with lesser volume on the pb. Sometimes on the close of bar or candle and sometimes when the bar or candle I use for entry is broken on the high or low. Each has it's pros and cons. This work for any traded instrument as I trade futures. If you are interested get techniques of tape reading by graifer and shumacher. It show different entries and exits.