Is it supply and demand or is it support and resistance? Is it drop base rally or rally base rally and vice versa? What is really confirmation and how to do it? Should I put MA, RSI, CCI or Bollinger to help my trades?
If you are reading this, probably you are asking those questions. Unfortunately, I don't have the answers and it is not my intention to give you a system that is a copy of original (if something like that exists in the first place) but occasionally I'll post some images that, in my humble opinion, might work. I firmly believe that each trader must find his/her own method using tools that are offered to make educated decision and suit his/her own natural ability.
So, then you ask, what is the purpose of this thread? Well, the answer is: no purpose! There is countless number of threads and resources on this topic that another thread is like a drop in the sea. You are free to participate in all of them and believe that someone is going to teach you something that you must learn yourself. Clearly, Sam Seiden and OTA deserve most, if not all, of the credit since they influenced the whole 'movement' if you will.
You are free to post your opinion, image of the chart or comment and by doing so, please be respectful to others. Also, what I noticed, other threads are dealing mostly with 'winners' (in trades of course) but probably the 'losers' are the way to go. So, feel free to analyze 'losers' and why they occurred.
Trading is like a chess game. You move your pieces but if you don't plan ahead the outcome of the game is decided before it even starts.
So, to keep up with the theme, I made a move with a pawn!
If you are reading this, probably you are asking those questions. Unfortunately, I don't have the answers and it is not my intention to give you a system that is a copy of original (if something like that exists in the first place) but occasionally I'll post some images that, in my humble opinion, might work. I firmly believe that each trader must find his/her own method using tools that are offered to make educated decision and suit his/her own natural ability.
So, then you ask, what is the purpose of this thread? Well, the answer is: no purpose! There is countless number of threads and resources on this topic that another thread is like a drop in the sea. You are free to participate in all of them and believe that someone is going to teach you something that you must learn yourself. Clearly, Sam Seiden and OTA deserve most, if not all, of the credit since they influenced the whole 'movement' if you will.
You are free to post your opinion, image of the chart or comment and by doing so, please be respectful to others. Also, what I noticed, other threads are dealing mostly with 'winners' (in trades of course) but probably the 'losers' are the way to go. So, feel free to analyze 'losers' and why they occurred.
Trading is like a chess game. You move your pieces but if you don't plan ahead the outcome of the game is decided before it even starts.
So, to keep up with the theme, I made a move with a pawn!
"A handful of patience is worth more than a bushel of brains"
(basically, from indexes to majors and their crosses, roughly, with some seasonal commodities).
