The original chart posted showed fast and slow stochastics in extremely overbought territory. Yet the price action pattern displayed in the 7 bars...
There are books that help you understand the importance of thinking in probabilities, but no books that will magically help you eliminate the...
If this chart was a 5-min chart, I'd be preparing for a long signal and would then cross-reference a 1-min chart for my entry setup. If instead a...
Trading teacher A teaches a trading method that, if followed, produces consistent profits over a 5-year period, but trading teacher A's P&L over...
Very occasionally I do an actual stop and reverse. Most of the time when I get a mixed signal it's a sign of pending chop/range, so I don't stop...
This might be a decent recipe for longer term trading/investing. Day traders tend to trade inside the gyrations of the market, and intraday...
I don't recall illustrating failed failures, though I once posted my trade blotter where I recouped back to back losses and made a nice profit by...
You're giving advice, not providing any education. :( I want educational resources! I want them now! I don't want advice! :mad:
No, the overall odds are the same; the major advantages are more opportunities each day (especially in choppy and range bound conditions), and...
I don't know exactly, a while back I stopped posting nicely illustrated detailed charts. Basically I've illustrated plenty of times the concepts...
I once had someone tell me to "shut the F up" with regard to sharing my stuff here because he felt I was revealing a lot of what we've worked so...
Right, the technical patterns/indicators/price levels are tools and materials. They are not, however, the analyses that lead to a blueprint. The...
The very act of quantifying subjective phrases like higher high, 1-2-3, wide range bar, strong trend, Ross hook, overbought, ample airspace,...
Although you can use candlesticks, classical patterns, and indicators as part of PA/TA, these are merely materials and tools, not actions. You...
HFT is not harming small day traders; the "retail" traders one reads about that HFT is harming are the mutual fund/401K managers. They have to...
A thorough study of price action concepts will lead a dedicated student to the discovery of algo exploitation. I learned about price action...
I believe significant size would be quite limited for the way I trade. ES would allow the largest size to slip under the radar, IMHO, but it...
If your definition of "works" means "no losses", I'll save you from wasted hours, loss of capital, and resulting heartache with this advice:...
Does Technical Trading Really Work? No. Technical traders really work, though. We have to stay alert at all times because with the...
No. The original trading plan I developed based on concepts I learned from reading Brooks, has produced consistently profitable results from...
Separate names with a comma.