B22, Of the 4 lines on the chart, which 2 do you think might be the most important, and why? White Purple Yellow Orange Of course, there are never any guarantees when trading (only that you can lose ), but there well might be some valid reasons for having an overall negative bias, based on previous episodes! There really are no experts when it comes to trading, it is just that some people are more stupid than others and give away their hard earned money way too easily. I was watching the commentary on the Greek crisis earlier, and some "Expert" confirmed that we have uncertainty in the markets at the moment - doooooooh - WTF - and to think these people get paid huge amounts of money for gambling with other peoples money Ignorance, really is bliss, but then again, most will not get off their big fat arses and do some serious study (and very hard work btw) for themselves, instead of relying on the stupid education that they received when growing up to guide them through the silly and idiotic world of trading Trading is Math, it is not Magic Oh yeh, someone added that the chap who posted the video on youtube is selling an ebook/s, and I would add that if any person is so stupid enough to hand over their trading money to anyone else but a reliable guaranteed broker, then they deserve exactly what they get! When one starts trading they need to grow up and stop acting like a child, and ignore all the shite about nothing - it is so easy to make money if one can see the obvious, which is not so obvious of course J_S
I see that GO has been a busy bee. Just as well that TO doesn't post on here anymore otherwise he might be upset at seeing that chart. Regarding B in RGB, perhaps it just means when price isn't moving in some sense, possibly when the open is near to close: Although depending on how the bars are painted a different impression maybe formed:
Of course... Some haven't a clue - but say they do Some think they know - but really can't show Some know a bit - just can't do it Some know a lot - but tie the knot In the end... He who knows less - knows more! J_S
I am not sure if you meant that it was handed to me by GO, but I actually got it last year after hundreds of password tries. Another thing that might be interesting, or not, to look at when looking at bars is the percent (or number of points) of a bar that overlap with the previous bars. In sharp moves, there is not much overlapping. (as a consequence, in overlapping/ranging areas the close of the area will be not too far from the open). Of course, this is visually easy to see, but observing the overlapping percentage can give some mathematical confirmation. Another thing among others that I am observing now, is that we may consider that the Markets is quite steady in his behaviour when not disturbed, but when MM (or Big Money ?) enter the Market, that will create distortion (V or A moves) and after their operating the Market will somehow resume his previous steady path, as you can see on these examples below. I am not sure yet if it can be of any help for analysis, but maybe it can help to better identify the players and their agenda. It is not always as obvious as in my examples below, but it is to give an idea. (I just used the channels to see more easily the similitudes between the trend before and after the "move" ) I highlighted only few. The most important thing on the chart might be the empty space, not the bars. The empty space draws the bars, the bars do not draw themselves on the empty space (if it makes any sense ) But how can we analyse that empty space, what can we do with it ? What is happening here ? And then, what can we do with Time and this empty space ? These are true questions, I don't have any answer unfortunately. The tiny realisation I had changes the way to see at Markets, but is not enough for me to make the big leap. It's more like having only the toes on the other side 030985