9 AM is preparation time to load up the charts, make a brief analysis of what has already happened, and what is to be expected. In other words...
First of all I applaud your approach to trading because education comes first before trying it with real money. Now I know there will be replies...
Precisely that. Very good post. Basically there are two pillars in trading. One is theory which can be learned rather quick. What is the market...
Out of the links you listed up I merely found this one particularly helpful: http://www.incrediblecharts.com/technical/support_resistance.php...
Solid Mom, have you ever considered adding a few basic support and resistance levels to your chart for orientation, and trade the markets...
If it's supposed to be an investment why not go with the ETF? Ticker symbol SPY.
Seriously try the 15 minute time frame for a while. I have the impression that you are getting nowhere with this charting setup. I see things that...
Investors and traders alike need strong conviction and patience. An experienced trader expects something to happen and plans his trade upfront...
If you seriously want to trade the news (e.g. positive/negative earnings) at least be patient enough to stay in your trades for a couple of days...
Very important advice from hypostomus! Draw these support and resistance lines in your chart before you even take a trade, Dobbes. The 15m, 1h,...
I believe you can become quite proficient if you combine price with volume and are able to interpret the situation correctly. You should observe...
None. It just tells you the direction of the trend based on that time frame.
You make a good point. Even though I'm new to this forum I have not yet seen many threads where newbies were able to blossom with the help of...
Pholeuon, you are right. I have no knowledge about systems because I refuse to follow orders from a box that is designed to interpret market...
This way of trading has no future at all. It's like throwing darts at a wall of balloons but hoping that the dart will fly through the tiny...
I think I understand what your problem is by looking at the charts in your blog. You scalp the market up and down and take way too many...
Precisely what's happening. A trading range :)
React to what you see. I can't emphasize it enough. It was also easy before it even happened if you understand price action. The "trending...
Only one trade was necessary on Friday: a short position. And your analysis was quite correct initially but you started to doubt yourself....
jackstone54, you are a gambler. You should not drag people into gambling. Your past calls have all been wrong. Shorting Ford while it was...
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