By the way, I have placed some red and blue lines on my charts, how many Boxes (Big and smaller ones) I now have for trading. How could I have not seen this before is a mystery... it is so Obvious...
Main reason VO, is because you were listening to the wrong people The box allows you to focus, stop your mind wandering - if you want to take it to the next level - start comparing the boxes on 1 timeframe to another - project where price might go once it leaves the little box ! use the box..to save ur SOX J_S
There is one thing you need to watch VO, as it really does matter, and that is HFT trading - they have added another major "anything can happen" to some markets. The Da Vinci Code can give a good insight into how they programme the algos, as the code will only react to what it is told to look for! There is a relationship to the DVC that is a primary input to a lot of algos - again, the first step is awareness! J_S
I really wish you hadn't mentioned the word "expert", as it is now interfering with my gardening! To be honest, I could show anyone, and I mean anyone - someone with no trading experience at all, how to make money in the first 30 min of the US open, trading a select few blue chip stocks. I could also explain to that person, why, even after being shown "exactly" what to do, they will not do it, and thus fail. The chances of finding someone who could actuly "do it", is about the same chance as winning the lotto! J_S
This doesn't make sense. If you are all about trading the obvious why couldn't someone follow seemingly simple rules? Would one "break the rules" after a trade fails? Is it the compulsive nature caused by watching price yo-yo? 433 pages and you say it's all but hopeless!?
I would have thought that should be "obvious" by now - all you have to do is go to the main forum page, sit back, and read the titles of all the threads - some things "really" never change - for the majority that is - a very odd time one turns up that "has what it takes", but they are few and far between! J_S
In relation to the POG - some years ago, round Sep 2007 to be precise, I had one real bad day, so bad I had to stop trading. After relieving the pressure, at great cost, I went into the garden and started to dig a hole, as I wanted to see how I could get out of one the next time! I was just down to the end, as 6 foot was my target, when the spade suddenly hit something and made a big clangy noise! To my surprise, when I got down on my hands and knees, and started digging with my hands, what did I discover but a big shiny pot, full of shiney little round discs! I got up immediaty, covered it back in as fast as I could, and went back to trading right away! To this day, the big shiny pot is still exactly where I left it. J_S