As regards your comment on the VWAP, I realize the error of my ways. Please forget everything I have said about VWAP. ACTUALLY it is better known as VCRAP and is of absolutely no use for any kind of trading...DO NOT, I REPEAT DO NOT BOTHER WITH VWOP.....Forgive me I was temporarily out of my freaking mind...... Actually I am having great success trading moving average crossovers....yes thats it....lots and lots of moving average crossovers.....and doji's yes many many doji's......I have to go now...it is time for my pills....
I am glad that you agree! WVAP is as useless as a 50% retrace. And both together are doubly worthless.
I love all of this chatter about How-Twoâs of trading, if you could all take a moment to step back and look at what you are actually creating even when the market is closed you would realize what makes a market in the first place, differences of opinion, we can not be all in agreement or it would never work, I say up, you say down, this guy stays out, that guy is holding for days, Tom scalps Tim swing trades it is all good and healthy to vent our opinions but it is what makes the markets so exciting to trade is our ways of looking at the markets in the first place. However we all would be better traders if we just traded what we saw and not our beliefs Take Care, Joe Baker
No not at all, I am saying that we need to have both sides of opinion Long, short to have price movement or we would not move at all