I think they both knew the secret, but had respect for the market. They knew that anything unforseen could happen at any moment in time. But in a regular market their entries would be spot on, allowing for a minimum risk.
2. The Expert and The Oracle Starting shortly after NYSE ceased posting. From his writings and his abilities to explaing things he seems to be very able as well. Redneck also follows hard and tight. More riddles and intimations. From there you may feel it drift slight away. It is interrupted by the "Hershey Chronicles". Some super able trader who is completly unable to keep things simple and clear. Posting his own stuff unrelated to any previous discussion. This is just completly useless. 3. Modern Times Starting somewhere thread page 630+ MrScalper - He is a ryhme master. Riddles again, but can be fun He acutally tries to be very helpfull and it is a fun read. But he also reveales little in plain way. odlareg takes over the rudder and offers some chart examples, which one can find up to this point. But - after several years, who knows if this is the same approach of nyse ...
Conclusio I'd like to hilight three aspects, (a) from a text research (b) from a educational and (c) from a trading perspective, which are all my from my limited point of view. (a) Jesus, as far as I understand it, was indeed a historical person having a huge impact. Time, semantics and other stuff changed the stuff we can read of it in the bible today. Did you ever write a business or personal email, you were convinced that everyone can understand a topic only the way you are. Just to find out in the reply that the other person understood it different? Well, here we got riddles, missing charts, locked PDFs. What I wanted say is ... whatever conversation and thoughts were exchanged. It happened long ago. Eleven years ago. Parts are missing and I have to accept that. But that doesnt mean I still cant find valuable aspects. Why not have a look. I m unsure but I think the box is an overlooked aspect. (b) The NYSE part is just f*cking great. If you want it, he forces one to change the perceiption and way of thinking. Do it - it is just fun. Read it once, twice and you'll see some parts come together. Will it be a breakthrough? Propablly not - but like in training. I wont get up today start training and be able to got for the marathon tomorrow. Read the other parts aswell. Search the internet aswell. Read through books that you my find - evaluate things, think it through. In the end, i think, it is mostly about common sense to judge what is heldfull or not. (c) Yeah, I summed up some parts in (b) want to add the following. Firstly NYSE and others surley found a way to trade simple and successfull. If everybody "who is in the know" has the same understanding of the concrete "obvious" reason ... I doubt it. Does it matter? No. Many posters said it and it applies to all of us. In the end it all matters what YOU do. Trading is by far the most challenging and difficult area to master. Go there for the right reasons. I myself, am cristall clear about my motives: I want to make shit loads of money. Why? Because I can (what I cannot - just to be clear ). But before, I will not loose any dime or interfere it with my real life. Because that is my reality and not money in the sky. Findings and understanding will only come, when I start trading AND work on the defects. And how defetive can be one? There are so many ways: starting by unhealthy food and ending by watching TV too long. Everybody knows best. Why shouldnt our trading endevours be defected also? Getting rid of any nonsense indicators and working on one setup and one trading product. Nothing of it I came up myself, but read it many times of trades who seemed to be successfull. Thanks to all for that great contributions I was able to read over so many years in this thread
Obvious is situational. And not everyone look, and relate, at the same dots. We don’t have the same memory, brain. Our neural circuits ain’t printed the same. We don’t crave the same, We don’t respond the same, We ain’t rewarded the same ... A cue is obvious. Now what ... It’s a way of life. It’s to be trained, experienced. Reinforced by positive feedback, Lessened by negative ones. It’s not going to be obvious the easy way. You can’t cheat mastery. Apprenticeship. You won’t learn the obvious here. You gotta live it. Feel it with ur neck on the line.
Very helpful, I owe my chart reading skills to MrScalper and his coaching. Taught me to do away with indicators and just read the chart, with Bars, sometimes with volume.
You need to sell ahead of where others are forced to sell and buy where you expect others to buy. All this information is available in your chart if you reason out what is going on. Use logic.
I take your question and will try to handle it like (a) a trade (b) under my own assumptions and conclusions I made by posting about this thread - very much like a trading plan Why am I doing it this way? I feel that this question could lead me be going down into the rabbithole. I won't do that, because it is silly. Therefore, evaluation. (a) Context: a extremly exerienced forum member is asking me for help ("help me out") what is obvious and why the obvious is not so obvious Setup (question) Answering the question related to the intended motives of the questioner. Just like analysing a trade and making an evaluated guess where price may go and trade that. Analysis: Context: As everbody can see and as I truly state, I am unexperienced and doenst make money in the markets. So why should a experienced forum member ask me for an answer related to this thread? really has no clue by himself and is unexperienced. Doubt that, by the quality of the many posts I read of this member wants to see the capabilities of the other army and uses a feint to evalute that is really interested in findings, open minded --> I go for the second motive, which from a trading perspective is the most likley one for me. The last one could be possible aswell, but then I would have expected more "momentum" - ie latest posts in this thread of this member; which i cant find. So I discard that.