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trading is very personal do it and learn. that will entail some cost. and that is why the most successful traders are 'rich' when they started trading. those who are not this get wiped out. all business is like this. if you cannot survive the bad times.......if you do not have the capital...

i agree with you

why are making fun of him?

so what you are saying is a 2000 tick move is a trend but a 120 tick move is not?

a journal is about your method answering questions is far more extensive and I find it is even wider in the scope than limiting it to my specific method. this is about other areas of TA

books are very difficult to understand. take a TA course I mean face to face that will be more helpful

what is the meaning of this comment trading is profiting from trends. you may think you are trading in a range but how the hell are you going to make money if there is no directional movement? no trend by definition a 3 tick move in one direction is a trend

it is helping me clarify my own ideas about TA . if not why will I waste so much time and effort posting here

everyone looks for trends. to make money in trading you must find and determine direction. it is easy to find trends on a 5 minute chart you can find plenty and that is the problem. which bloody trend should I trade managing all these trends is the problem

you have to use technical correctly. I agree most of technical-not all- is useless. indicators are derived from price so using them to confirm what price is doing is probably the most absurd thing in this universe. you must avoid multicollinearity.

no I do not think so he is a business man with better things to do. he does not understand technical analysis and 99% of traders do not understand it.that is why they lose. I did not understand technical analysis for 30 years...only now I am understanding it. I may have used it for 30 years...

what kind of market do you want? just change the time frame and you will have it. of course if you yourself do not know what you want......

that's like asking why is it Washington and why not New York. What is so special about Washington? what makes Washington special is Washington itself. ema 9 is special because it is 9 ema and not 50 ema.

if they chased reversals they would say technicals work because all trends reverse. no it is because they mis use technical and then say it does not serve their purpose. it makes a lot of sense to use a gun to shoot people. but if you mis use a gun you will shoot yourself in the foot and...

using technical wrongly and then blaming technicals is like taking the wrong turn getting lost and then blaming the road

this is what happened....and oh YEAH BABY!!!!!!!!!!! technical is bullshit.

in the chart below you have a clear uptrend and then a sell cross over-in an up trend do not take sell signals. you could buy the extension out of the channel marked in yellow or the up breakout from the same channel or the buy cross over that happens later

you think wrong. the crossover is a buy signal if and only if the 90 ema is moving clearly up. if the 90 ema is going clearly up and the 9 ema crosses below, only an idiot will think that is a sell signal. it is a buying opportunity. you then need a entry signal preferable a price action one...

same weekly another channel

chart of the weekly S&P shows all the channel breakouts till now. will there be one more? will it continue to a blow out rise?