You got it.
The faster you forget the word Fundamental the faster you will start to make money. A couple years ago I was in Bangkok and I met a women who...
As I said I trade charts basically 100%. I dont look for stupid patterns or indicators or anything like that. I'm more about picking out important...
Im not trading the news stories or trump. I am trading what I see on the chart which is basically how other players are responding to the stories....
The way you analyse was perfect for shorting oil over this fake WW3 news. Oil runs up from October to January in almost a straight line... We...
If you used your GC weekly chart you would have know that yesterdays high was a 1st test of a resistance level back from March 2013.... [ATTACH]
I wondered about this as well. Also how does it know if its day trades vs actual positions.
Watching a 3 min chart on CL without any HTF context is basically trading blind. May as well go to the casino. I bet if you traded 30 min chart...
For simplemike
What time frames do you watch for your trading?
For example oil hit a weekly resistance zone yesterday and sold 2 points.
You sure start questioning it when you are really wrong with your analysis :)
I trade mostly in CL / and Oil ETF's and higher time frame S/R levels are VERY accurate and almost always respected on first test. Trading without...
+1 for South East Asia. Hard to beat the lifestyle / freedom of living here.
Twitter is fun... You get to see everyone get bullish at tops and bearish at bottoms.
I think day trading is fine and necessary under specific market conditions. On the other hand, if you can really read a chart well and you just...
Price charts tell me what price levels were considered high and what was considered low in the past... that way I can buy low and sell high and...
Is there an inverse etf on PA?
Ive been watching PA as well. I think it will wash out at some point like silver / gold in 2011. At this point the chart is starting to look like...
90% of active day traders lose money.... buy and hold for long term and DCA does not.
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