not everyone is trading price as levels I trade patterns in hope there buyers/sellers there agree with me. so whether I sell 7257.25 or and other number is irrelevant to me
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DislikedI have not made a trade today. Had a few sets ups on the 512 tick chart but fast market slow trader so no-no for me. The five minute chart shows a bull-bias range, which is often a bear flag. I'm glad to keep out until something more clear develops. Here is what the five minute chart looks like almost 90 minutes into the day: {image} Lots of tails, lots of overlapping price action ... yes, scalp longs at the lows and scalp shorts at the highs ... much easier said than done when the NQ moves as fast at the extremes as it has today, imo.Ignored
DislikedI have not made a trade today. Had a few sets ups on the 512 tick chart but fast market slow trader so no-no for me. The five minute chart shows a bull-bias range, which is often a bear flag. I'm glad to keep out until something more clear develops. Here is what the five minute chart looks like almost 90 minutes into the day: {image} Lots of tails, lots of overlapping price action ... yes, scalp longs at the lows and scalp shorts at the highs ... much easier said than done when the NQ moves as fast at the extremes as it has today, imo.Ignored
Disliked{quote} Days like this I feel like dropping a 10contract at 5T TP and be done for the day lol EDIT: +64TIgnored
Disliked{quote} I was taking a look at 5min with your 21ema, but was focused more on 512 tick. NQ moves enough for set ups each session in the 1st hour for certain . . . .Ignored
Disliked{quote} I was taking a look at 5min with your 21ema, but was focused more on 512 tick. NQ moves enough for set ups each session in the 1st hour for certain . . . .Ignored
Disliked{quote} Days like this I feel like dropping a 10contract at 5T TP and be done for the day lol EDIT: +64TIgnored
Dislikedpardon me my friends but im very confused now i discoverd forex a month ago so ive been reading trade made simple thread few time ago im informed eelfranz is now rip so i went to the last pages of dat thread n i seed a member divergence talked forex was not good futures is better so i have just one month learning here n u tell me forex is scam is this future thing worth or is it scam too n stock will better next n then nothing good is?Ignored
Disliked{quote} You almost have to pick one or the other and not watch both ... unless there is a clear one way trend day going on - then that a 512 tick is gold - you do not cover the shorts - you sell another lot every time it pulls back. I had the 512 up expecting a range day today and thinking I'd do some scalping, but it was just too fast for me today ... I use stop entry orders and today I should have switched to market order mode. {quote} That would imply that you know what is going to happen next. The next thing you know the NQ moves 20 points against...Ignored
Dislikedwhile waiting on trades..you browse youtube. sometimes they recommend weird things..but this..god ddaaaamnnn https://www.youtube.com/watch?v=cVaIPF7xnQgIgnored
Disliked{quote} Hilmy, its been a while. When do you want another ass whooping on fifa?Ignored
Dislikedwhile waiting on trades..you browse youtube. sometimes they recommend weird things..but this..god ddaaaamnnn https://www.youtube.com/watch?v=cVaIPF7xnQgIgnored
DislikedPrice only moves because of executed transactions on the bid/ask. Therefore, price is a consequence of what happens on the book. Can price alone entice a buyer/seller? Sure, but that transaction will have to occur on the book. Everyone is entitled to trade as they see fit, and indeed Harold has demonstrated simplicity can be very powerful, however if you really want to fully understand price movement then you will need to learn how to read orderflow. Anything price related (bars, swings, patterns, etc) are all a consequence of orderflow. Is it required,...Ignored