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First, you need to understand that after hours market like pre market is a different kind of market, so from the bell it's somehow a new chart, that's why taking some profits before the market closes is a good thing to do. Second, if the DOM doesn't answer all your needs check out Bookmap...

It's hard to find evidence to things in the market, but from observing and testing you can figure which MA's statistically has the more action around them

The same bullshit every time, indicators are a product of the behavior in the markets, so what he's saying that the traders changed their way of thinking, like to buy when the price is high or to sell when it's low......not real, or maybe that all the big players join hand to trade...

I wanted to recommend on Bookamp and just so you figure it out already. It's the best presentation of price auction there is now for my opinion, use it for almost a year now

I guess that certain MA's become more useful is because most of the traders- or the big players- use them. Yes, they are mathematically based, but the market behavior is a product made by humans. The logic is that one will not use something that doesn't correlate with the market. You can use the...

Hey, the thing you want to know when you are in a trade is if the power of buyers or sellers is slowing down - regards especially to intraday trading - for that Bookmap gives me a clearer view to spot an exhaustion of one of the sides. the bubbles in the software can imply if one side is pushing...

trend lines is a great tool, combine it with other tools and it will give you a clear view of the market. I combine the trend lines with Bookmap to see where the trend holds- according to the book, or when there is an exhaustion

like dozu said, most strategies stop working in some point. my strategies get confirmed by volume and I use Bookmap to evaluate if the amount of volume the strategies are needed will appear, so if the levels that important to the strategies doesn't have enough liquidity over and over again I...

I recommend you to check out also Bookmap. it's a good software to learn about price action and it communicate with good trading platforms

hey pollock to minimize a decision to enter a trade based on one parameter, strong as it is, will not hold for "long".

:thumbsup: every trader needs to do his own calculations of were to invest and were no to

it's a stock chart translate to heat map that shows the quantity of shares traded and beeing trade by color, as the quantity is larger the color is stronger- helps to see main price areas. the software offers also a feature that shows hidden orders.

risk management is very important and it's a bummer to exit a trade when after it continues to go in your favor. I trade with Bookmap trading software so I'm on guard when there is a high level of liquidity coming. In that case I think of exiting the trade or take some profit, depends on other...

I use ema's in different periods and also different periods of ema's in different time frames charts

It is an old thread... today there is the Bookmap option. It has a feature that shows iceberg orders on the chart.

Hey padutrader I'm using Bookmap to decide if the buyers/sellers are losing power. BTW if one trend ends so a different is starting, unless a stall is happening before, no? In Bookmap it's easier to notice the trend change. It shows graphically how the buyers bids and the sellers offers get...

For me, it's the combination of the stuff you mentioned. I started to learn alone and on the way I became acquainted with people who teach trading, for example, I was using Bookmap and studying it by myself from the education content they have on their site, through this I watched a webinar of a...

as a result that in bottom-line people are determined the prices and not the real value of things, products are more or less correlated (mostly in the long run and without any extreme events in certain product).

you don't need to go that far.... there was a signicant change from the 80's. for my opnion nowdays it's easier to trade