Ill just follow this through - the bars - up bars have formed a buy level with their higher lows - but we are dealing with a sell level right above. Price trades level to level, for price to move higher it has to come down to our buy level and that level needs to hold and a second challenge on the sell level above will occur and it is at that time we want price to break it.
Erin is not a long time member of this forum. She signed up in January with a few others that signed up in February. Thus, she probably does not know what is an OP and a good chance she does not know you're talking to her specifically. Thus, most likely you need to directly quote one of her recent messages and then ask your question even though the question may have nothing to do with her most recent message... That way she will get an "Alert" that you quoted her...hopefully she'll respond considering others have asked questions and she does not respond because she was not quoted (not alerted). I'm not being sarcastic...its something I commonly see happen with other new members not familiar with the forum when they are asked questions without them being quoted and they are only referred to as "OP" instead of their user name. https://www.tradingview.com/symbols/USOIL/ https://www.tradingview.com/symbols/NYMEX-CL1!/ By the way, most of the price action traders and traders using indicators at TradingView.com have been talking about Shorting Oil the past several hours including the Technicals Profile has been SELL the past several hours. wrbtrader
God only knows what a new poster on ET is doing coming on board and beginning to preach how to interpret PA. IMO just garbage wishful thinking and pretence they have experience and knowledge. Quite honestly, this person is WAY out of their depth, and being so-called 'female' does engender no sympathy from me. The more self proclaimed teachers on ET the more bs!
Look at it from the point of view of a users on Tradingview.com which is where Erin hangs out considering all of her charts are from Tradingview. Its a nice website full of technical traders using indicators, oscillators and price action traders. Most have their own unique understanding of price action. Thus, if you have something to say, its very difficult to get views on what you have to say and/or to feel like you're being heard. Seriously, Tradingview is a heaven for technical analysis...traders using indicators/oscillators or just naked price action plus a little taste of fundamentals and breaking news. Also, they can connect directly with many brokers. Topics you do not find at Tradingview. Reason why I've always stated that if you want more views on your education of price action or just technical analysis...my opinion is that Elitetrader.com is not the place considering this forum is notorious for none believers of Technical Analysis and a prefer place of talking about other things beyond trading itself. In contrast, you got something to say about technical analysis...the prefer places are Tradingview, Stocktwits and then Twitter. Yet, as I stated, this Pandemic changed things. It has recently overcrowded places like Tradingview, Stocktwits and Twitter. Thus, its difficult to heard / seen over there. Solution - Take your Tradingview charts elsewhere and post at places like Elitetrader.com The strange thing is this...I've notice such during the Pandemic more than prior months or years maybe because these traders have been recently lay off from their day jobs...stuck at home due to the Pandemic. That would imply these traders suddenly had more time on their hands and are crowding the field for others...making the others less noticeable. I mention Twitter / Stocktwits because its happening their too. Since the Pandemic...more posts on their social media by those from Tradingview and its much easier too because you can log into Tradingview via your other social media accounts. With that said, I do not mind anyone giving their opinions about their understanding of price action trading in the format of education for others here at ET. Yet, they need to understand that its already been talked about by others before them even though others used different names / phrases for the exact same thing. Only difference is that its new charts from those today is like a fresh coat of paint on the same wall. Yet, it would be problematic if they arrive here and think their view is the only right view when they think they don't see a lot of current discussions about price action trading while they don't realize its all been discussed before...that's when problems happen. By the way, the gender thing doesn't phase me and we all know what happen the last time when a gender thing became an issue after so many members ignored the tell tale signs. Sorry about the above long reply post but I just find social media more interesting lately on us traders due to the Pandemic. It really is fascinating to see how the technical views over at Tradingview are screaming more louder and traders need to go elsewhere to be heard. Personally, Elitetrader.com is the last social media place I would post any education info about price action trading. Many years ago it was suitable for such like the early 2000's but things changed around the 2008 - 2010 global financial crisis and the rise of Twitter, Stocktwits and TradingView. Elitetrader.com is now to me just as a place to hang out and drink some beers...that's a good thing too. Less crowded about trading issues...reason why I get my fill of technical trading from elsewhere although this place may be more attractive to newbies looking for a place to be heard and even get answers about topics not even related to trading if that's what they really needed. Trader psychology is more than just about trading wrbtrader
Erin, would be helpful if you give us some definition since you are not using common terms. What are swaps?
So what I hear in the second half of your comment that I ran over to tradingview grabbed an idea off of the odometer then went to the oil chat, read their comments then ran back here and posted oil - is that correct. If this is what I am doing then how do you explain my other charts such as euro which I drew off the cuff - the odometer I am sure read short and the forums undoubtedly would be full of short bias.
LOL Mickey! Miss out on your coffee this morning? You seem to be in a sour mood. BTW When you gonna throw some out so we can examine the validity of it and see if it has amoeba bugs in it, instead of pissing on everyone else's ?????[/QUOTE]
Never stated what you stated... Yet, I will say it differently this time. Here at Elitetrader.com (not Tradingview) this type of TA has been discussed many times before in the past. This is something I've specifically stated to you in prior messages when I stated your use of different terminology is just that...different terminology for the same thing. As for Tradingview, you obviously do use Tradingview (not questionable due to your charts). There are obviously other TA chartist at Tradingview...that too is obvious. The difference is recently the Pandemic...many posters at Tradingview are now posting elsewhere too being Tradingview has become a crowded place...I strongly suspect that's why you're now here so that you're not in that crowed place. Never criticize where your charts nor ideas came from...never implied anything about that nor do I care about such although a few others have asked questions about such...not me. In fact, I've stated Tradingview is the place for technical analysis by chartist more so than here @ Elitetrader.com (restated just in case you missed that statement)...TV has all the bells & whistles for TA chartist. In contrast, Elitetrader.com is more (my opinion) anti-technical analysis but it use to not be as such. By the way, someone recently asked you a specific question (once again...not me) about your use of the term swaps although I too am curious about the word swaps. wrbtrader
Erin, Carry on. Don’t pay attention to those that have an agenda. Some sniff out whatever doesn’t agree with “their” modus operandi or non modus operandi then they attack. Just like Mr T gets attacked for everything.