LOL...YOU are in a reconciliatory mood, so you are willing to let HER give you HER proprietary trading info....how generous of you!
What is her "proprietary trading info"? Is she marketing something to which she has claimed exclusive legal right?
No not at all , I am merely requesting peace and with it an open mind on both sides--- one pattern is all that is needed for observation. Not any system. Capece?
I'm just teasing you sport. Keeping an open mind is essential for learning. It's nice to see you making some progress. Good luck to you
Ok captain, maybe you could point out a specific pattern that constantly repeats for the benefit of the surf report readers?
If I were interested in doing this I would have started my own journal. But seriously, since my method is objective, sharing a setup would require explaining the specific rules which could then be taken by someone else, programmed and implemented. This runs counter to what I'd like to do. You understand this thinking, since you also said you wouldn't share the rules BEHIND the price drivers method.
Same here, however, I will provide a textbook opening bar intraday price action play: 1. Using a 5-min candlestick or OHLC chart, wait for the Nymex pit opening bar to close (currently 9:00am ET). 2. If the bar closes higher than its open, place a buy stop 1 tick above the high of the bar; if the bar closes lower than its open, place a sell stop 1 tick below the low of the bar. 3. If the initiating stop order isn't triggered during the second 5-min bar, cancel the order and try again the next day. You will have to do your own homework and choose your preferred method of trade management - placing a protective stop, setting a minimum profit target, and deciding whether or not to move your stop to break even at any point.
I'm not suggesting anyone would now But just pointing out, in case the OP comes back with a gonzo hate vibe towards me, that he, TOO, refused to share the rules behind his method. When someone said he/she didn't see a price driver reason for entering a trade and asking for the reasons why, the OP said: "No, it's proprietary. Of course you don't see it-- you haven't the slightest idea even where to look. surf" http://www.elitetrader.com/vb/showthread.php?s=&threadid=247038&perpage=6&pagenumber=13
Even if a pattern did constantly repeat that does NOT go hand in hand with the outcome being constant. The only constant in trading is the requirement to be flexible in our thinking. Every pattern, structure, whatever you want to call it, is made up of different traders, with different trade expectations, profit objectives, goals, etc... the combinations are endless. The constant that trumps all other constants is "the market is always right".