Actually, you can. But it's important to understand what important money is looking at and what its objectives are. The "fakes and traps" are a...
You are assuming conspiracy on the part of important money (institutions, etc). This is unlikely. As for retail being suckered into anything, that...
I agree that it is important not to complicate. However, a coordinated effort on the parts of important traders against the retail trader is...
It can be, if you understand the difference between trending and ranging and don't get caught up in all the arguments over same. This morning in...
It's not about "S/R levels" as most retail traders use the term today; it's about those levels at which important traders buy and sell. These...
Consider that every instrument has a level that to important traders represents "value". When price drops below that level, these traders see...
DOM, not so much. As pointed out above, too many fake orders. As for tape reading, depends on whether or not one understands the language of the...
As for incorporating higher timeframes, Wyckoff always began with the weekly chart to acquire a sense of where he was, then shifted to the daily...
Actually that is where he would buy as he preferred trading at those points and levels where demand and supply switch places, where buying...
Pretty much the same as Wyckoff (they were alike in many ways in terms of application). There are tons of charts here that illustrate what to look...
What one ought to be saying is "I need to be more disciplined in following my trading plan." Without a plan, there's nothing to be disciplined...
Indicators won't guarantee anything, but then neither will anything else. Price is gonna do what price is gonna do, and what price does will...
What you're looking for is a confirmation that price will continue to rise (it's already risen somewhat or else the MAs would not have crossed)....
It needn't be complex if one views it in terms of behavior rather than indicators, which is what most people consider trading price to be about....
It needn't be stationary. The mean is an average of the range from high to low. The PE of the S&P was 15 for more than a century, until 2000. Now...
Yes, because they are for the most part based on stocks, which revert to the mean of PE ratios. Commodities don't. Neither does forex. And, yes,...
An explanation of what led to the "real-time call" is always a plus. Otherwise, they're pretty useless.
Actually the 10k hours has to do with learning to master the violin. The statement was incorrectly applied to mastery in general and trading in...
Those who trade price will understand what you're talking about. Those who trade indicators or Elliott or Fib or anything other than demand/supply...
Those that are based on behavior: double tops/bottoms, higher lows, lower highs, retracements, reversals, etc
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