Recent content by speedo

I could direct you to several online communities of good full time traders who have been influenced by Al, but why would I do that to them. This little farcical bubble of ET is hardly representative of a successful trading community....over and out

None, entirely different world

Standard issue ET thread

:D

But that is a pretty ugly chart Mickey, I wouldn't be interested in trading that.

You can define the breakouts as "noise" if you like but they are simply failed breakouts. That range action prior to and following the first breakout attempt is institutions selling highs and buying lows while pikers are trying to catch breakouts. Most range BO's fail which is why you fade the...

What many call "noise" is simply institutional algo's in scalp mode. They see price as fairly valued and there is no reason to break it out at such time. Eventually they will break it out and it will trend or fall back into the trading range. The same thing happens on a 1 minute chart, a daily...

Right, you have to make this stuff your own. No two people trade just alike regardless of any common influences.

Yep

I hope your post made sense to you, all the best in your journey.

Price is fractal in nature, flat base trading ranges, breakouts, tight and narrow range trend channels etc. occur in all time frames. You either understand the nature of current price behavior or you don't.

Actually Al expends considerable discussion regarding strategies appropriate for different phases of market cycle. Not understanding price behavior in all contexts is a principal reason traders fail A one trick pony "works" well until it doesn't.

Dest has his own language but I don't know enough of options to understand his strategies. But I'd be will to bet anything dear to MW that Dest sure understands them :D

Of course not. This is not a Socratic forum, it's ET :D

Any idiocy not-with-standing, sometimes it's the material and sometimes it's the reader. As to the artist formerly known as Xela, he, she, whatever claimed to know little of Brooks and was an advocate of Bob Volman's work.