NTW31 said it But let me try to say the same thing just in a little different way â (hoping to provide an ah ha moment) Change your time frame, not necessarily on the chart, but in your Head - trading Trade what you see with âanticipationâ of what could happen next Instead of Trading what you see, while knowing / acknowledging/ trading based on â what has already happened Just trying to help
I would like to add that I found that first image in this thread (http://www.elitetrader.com/vb/showthread.php?s=&threadid=146049&perpage=30&pagenumber=4) and it is a 3 bar reversal programmed by jychiu. I found the second image in the AHG 2.0 thread posted by Tums (http://www.elitetrader.com/vb/showthread.php?s=&threadid=145782&perpage=30&pagenumber=2) I haven't tested them or applied them or anything. I just got excited when I saw them and posted them in here
it does force you to look at where is the open, the close and how far/close they are from each other, isn't it?
I'm pretty sure a number of people told you to get Suri's book weeks ago. Maybe now you can go purchase it. No point of trying to dissect a way to trade off 1 screenshot. Get the book and you'll have the tools.
Waiting on a few medical bills. I know the book is cheap relative to trading profits and losses. I just have a psychological quirk and like to keep my credit card bills as low as possible.
Or another way to look at is to look for entries when price has gotten too far away from value. Then try a trade the other way. You can do this on just about any time-frame. Don't try to hit home runs but concentrate on hitting singles and doubles.