The Ghost In The Machine
Price Action and Trading Discussion 5,928 replies
Price action at the core / tma intra day 5,016 replies
Price Action discussion 26 replies
Disliked{quote} Hi Bilal1947 Here is how Volume tells us direction. This is the Gold chart a few bars after that massive spike down which contained only Selling Delta. There was very little Buyers creating that spike down so they didn't stop the move. the move stopped because there was very few in the world Selling Gold for a while. After the big Red candle and the big red volume shows a downwards direction, we start getting large white bullish signals. 1.. Average volume size here is around 150 , so above 150 is good volume, below is weak volume. 2.. All...Ignored
Disliked{quote} Thank you for sharing your understanding, based on the volume where would you buy on which candle.Ignored
DislikedOn hindsight it is easy to tell. When you blank the right hand side it's another story.Ignored
Disliked{quote} Correct. There's no objective marker to work with. I can never understand VSA.Ignored
DislikedI think there is. From RickM's example it all starts right there with the Selling Climax (the move down to the low). If there is more selling then who is buying? The strength is in the down move and the weakness in the up move. What follows are the tests of that climax - if there is more supply and the strong hands will look to buy at discounted prices. The rally up from that climax and secondary tests is just as important as it can tell you about any change of character from price action point of view. It is not an easy subject to grasp....Ignored
Disliked{quote} Hi Pumi, The fact is this one was not meant to be funny. Quite the opposite. And I was not referring to all posters, but to the professional bullshitters. Cheers, BIgnored
Disliked{quote} By no objective marker, I mean the same thing as Bilal question of where to buy on which candle. Let's wait for RickM answer.Ignored
Disliked{quote} Hi BWilliam Nice charts and trade setup - but I have a problem. "Trading requires thorough preparatory work" No it doesn't, trading is simple because expansion is just a reflected on increasing volume that destroys one side of the order book. We only need a naked chart, a good source of volume and a low IQ to understand what is going on (we don't need to be smart). I mean who the hell cares what the H1 / Day chart is doing before - we only need to wait till the order book hits a major inbalance - then trade. I sit all day on M1 studying...Ignored
Disliked{quote} from which/whose course is this index attached i wanna go through the course too.Ignored
DislikedSo much for those idiots who think everyone is a professional bullshitter. A professional at ANY skill set is simply someone who knows what they're dealing with and knows HOW to deal with what they're dealing with to get the result they're after. PeterIgnored