you have to be a member of the secret society - we all get the news the day before, along with all the tops, bottoms and most importantly the closing settlements.
The trick to trading in my opinion is to be able to read the manipulation. The big players need to find spots to enter/exit. When those spots do not exist in the moment, the market place will shift to accommodate these big players. In essence, the market will seek volume, and it has natural reasons why it seeks volume: To keep the lights on at the exchanges To keep the brokers fat and happy To keep large traders able to operate and move in and out of markets Shake out the week hands So there is a constant manipulation that exists, learn to read the manipulation, and you will learn to read where the big players enter and exit.
Very funny Mark brown. For real. But you only operate on Fridays. So you do not know how to win in intraday.
I just explained it TTT. Read what I wrote a couple times, then study the market through that lens... you might be able to figure it out.
Thanks Palindrome I really want to learn but it's hard for me, I have to combine it with my work and well ... it's difficult. Any help I appreciate it very much.
Its almost impossible. I'm willing to bet that the vast majority of new traders think that only day-trading is trading. I try and discourage them all from even trying it. But if you're someone who's out there reading this and making money from day-trading, just carry on doing it. But don't help bring fresh meat into your shark tank.
100% accurate, trade off of longer term charts first, if you can't do that DON'T bother with intraday... my 2 cents too