YES!! I completely agree. Price fluctuates! It's very prevalent in this low interest rate market environment. You can build a nice edge around the ranging nature of markets. Of course, as the environment changes, so will the price action.
This thread is pretty large. Could you give an upper page boundary as to how much YOU deemed relevant for you to understand what the obvious was? For example taking the opening post, how many pages initially would you think contained the bare essentials material for YOU to understand what the obvious is? Interesting. Could the obvious be just to understand HOW to lose in a given market you are trading? And not just limited losses or coming close to break even, but really lose consistently.
Scenario 1 and 2 are too obvious. Might work just once, ...perhaps they might even work this time, but they can't work consistently, over time. A not so obvious trade that can work for infinity is to anticipate breakout of either end is a trap, and as soon as the trapped give up hope and are trapped out, ...then that not so obvious logic will repeat.
Yes, but it depends on where exactly price is when it breaks out, in relation to where it has been - this is why those who ignore charts always get sucked in and wonder then what has just happened. Odds..odds..odds..improve your odds at all times..I think the OP's first post will need to be looked at again. J_S
It is obvious what the OP posted, and some seem to have picked up on the important bits, while the majority didn't even bother to read the first post correctly! So, the big question appears to be, what is the obvious pre-requisite to trading any market ? J_S
Indeed J_S. Some quotes from the OP about the "obvious": "The obvious is simple, and it is because it is so simple that 99.999% do not even stop to try and work it out." "If I gave the answer you would not believe me!" "When a daytrader starts to trade live for to make a living, it is normal for everything that he/she has learned up to that point to fall apart. This will happen for several reasons, which we will probably get as many answers as traders, but it really happens due to one obvious reason, which is not so obvious!" "However, knowing what is required, and knowing how to do it correctly, are not one in the same (that is actually a hint if read correctly)." And RN: "I predict that most will discount it once it is revealed - which is a shame in itself" And TE: 'I am glad that the "gambling" bit has stuck in the head, for that is a must, but, the "obvious" is something that YOU need to know and master before YOU will make GOOD money, and it is sooooo OBVIOUS very few actually think about it, and go about reading tons and tons of useless shite, which, is just wasting time = money.'
Most likely, the "obvious" that the OP mentions is concerned with tracking the behaviour and intent of the large players and inferring that from price charts. If you can't do that then you may as well place trades with a random direction near to easily identified levels.
The obvious is not obvious because people make trading too complicated & disregard anything that is simple & obvious.