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How traders made money with previous high low, open and close?

  • Post #1
  • Quote
  • First Post: Aug 25, 2018 10:23am Aug 25, 2018 10:23am
Hi guys. I was wondering, in the past where there were no PC and no charts how did traders make money only using high low, open and close? Is there a intraday strategy you can show me? Thanks very much
Quoting emicovi
Hi guys. I was wondering, in the past where there were no PC and no charts how did traders make money only using high low, open and close? Is there a intraday strategy you can show me? Thanks very much
Are you talking about last portion on 19 00 session? Or anything else?
Quoting ZikriIrfan
{quote} Are you talking about last portion on 19 00 session? Or anything else?
I read somewhere that before charts even existed tarders only used high, low, open and close to trade. I wonder how they used this information
Quoting emicovi
{quote} I read somewhere that before charts even existed tarders only used high, low, open and close to trade. I wonder how they used this information
Without the chart; how they could count the high and low?
regards to the op

this thread is way underestimated........ to bad....
Live today like theres no tomorrow-- Prioritize like you will die today
Quoting ZikriIrfan
{quote} Without the chart; how they could count the high and low?

you better educate yourself cause youll never make it trading. i dont know your age but it must be in the 20's since you dont know that newspapers used print stock prices daily LOL...the old timers drew their own charts exeryday using graph paper for the stocks they were interested in. can you imagine how many thousands of hours they spent drawing charts and looking through charts in their lifetimes. there were no stupid ass indicators like there is now on computers so they knew price action. thats why the failure rate is 95% now cause youngsters turn on their computer and look at indicators and smoke pot instead of paying attention to the most important thing which is price and sup/res
buy the rumor,sell the news
Quoting wasntme
{quote} you better educate yourself cause youll never make it trading. i dont know your age but it must be in the 20's since you dont know that newspapers used print stock prices daily LOL...the old timers drew their own charts exeryday using graph paper for the stocks they were interested in. can you imagine how many thousands of hours they spent drawing charts and looking through charts in their lifetimes. there were no stupid ass indicators like there is now on computers so they knew price action. thats why the failure rate is 95% now cause youngsters...
Agree with you; now maximum traders try to rely on technical tools instead of learning technical & fundamental analysis with the details.
Question is why are OHLC prices still used even today in : modern terminals such as bloomberg, stock exchange floor boards, financial news quotes ?
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The truth is hidden from you
Quoting MaxenshteinD
Question is why are OHLC prices still used even today in : modern terminals such as bloomberg, stock exchange floor boards, financial news quotes ? {image} {image}
Would be nice to know
Here are examples of what can be and is often calculated from ohlc & date :

https://www.investing.com/quotes/us-...e&symbol=DXY00
The truth is hidden from you
this is a stupid thread started by an op who hasnt a clue
buy the rumor,sell the news
pivots use High, Low and Close
traders use Pivots

The open is good for a range
traders use the opening range

i like it when the price comes back to the Open price and that level acts as a Support or Resistance
Quoting NevFX
pivots use High, Low and Close traders use Pivots The open is good for a range traders use the opening range i like it when the price comes back to the Open price and that level acts as a Support or Resistance

nev..save your breath..i checked his profile and he uses renko charts so all this is is an attempt to garner himself a diamond. hes opened 3 threads and 2 of them ask stupid questions just so he can get attention from FF for getting subscribers to become an impact poster LOL
buy the rumor,sell the news
  • Post #14
  • Quote
  • Last Post: Dec 17, 2018 10:47am Dec 17, 2018 10:47am
Quoting wasntme
{quote} you better educate yourself cause youll never make it trading. i dont know your age but it must be in the 20's since you dont know that newspapers used print stock prices daily LOL...the old timers drew their own charts exeryday using graph paper for the stocks they were interested in. can you imagine how many thousands of hours they spent drawing charts and looking through charts in their lifetimes. there were no stupid ass indicators like there is now on computers so they knew price action. thats why the failure rate is 95% now cause...
LOL oops
You hesitate, you masturbate.
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