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  1. P

    Intraday Trend Following

    I really envy you...... I have, I think, read every book ever printed. but maybe if you start from the beginning as if you are a novice and work through your method your ideas anew it would help. thinking for yourself will get you there....do not get frustrated and jump off your transport...
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    Intraday Trend Following

    you are thinking for yourself that is the way you become great trader.
  3. P

    Intraday Trend Following

    because the two sided price action is increasing.in a trend it is only mainly one side bull or bear. when the other side becomes more active a channel is formed in a channel both bears and bulls are active.....
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    Intraday Trend Following

    a channel is two sided price action
  5. P

    Intraday Trend Following

    I felt like that for 12 years 11 months 29 days. next day I reached my destination. stick with it you will succeed. try to change your way of thinking....clean your mind of all the books you have read. books are necessary till a point: you have to learn the rubbish then clean the rubbish and...
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    Intraday Trend Following

    well why did you not talk about this channels earlier? either a market is trending or it is channeling. and yet no one has mentioned this in this forum.
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    Intraday Trend Following

    REAL GREAT TRADING IS NOT ABOUT OBVIOUS THINGS LIKE TRENDS chop support resistance pivots indicators moving average Bollinger bands...... it is about far more subtle things.....how does a trend turn into a channel and how a channel turns into a reversal.... this is were your focus as trader...
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    Intraday Trend Following

    to explain what it means, what took me 13 years to find out,cannot be explained here in a forum what I am explaining is that, if you do not want to put in the huge no of hours, you will not be a great trader. you may be a good trader: nothing wrong with that but decide what you want to be in...
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    Intraday Trend Following

    in all theses posts, not one trader is talking about channels, yet market is in a channel 80% of the time.I am intrigued by this chop is only chop if the focus is on a much larger time frame. I believe all price action makes the same sense, even chop. price action is very subtle......you have...
  10. P

    Intraday Trend Following

    for you I can get 20 more trades in 5 min than hourly. but you need a precision of a eye surgeon for entries and exits which took me 13 years to get. it all depends where you want to go ...decide that first:your destination; then work towards that. traders do not have a clue what their...
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    Intraday Trend Following

    damn right one becomes the other, if you change the time frame. there are a lot of things that need to be understood that is why it took me 13 years to get some idea what it is all about
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    Intraday Trend Following

    it took me 13 years to figure it out.no one tries for that long. i am just a perfectionist but one that is quite prepared to go at it for ever. I just decided on my destination at the beginning and decided to get there no matter how time it took.
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    Intraday Trend Following

    the fact is if you are trading 5 min which is what most intraday traders do, you have to be very precise in your entries and exits. this it took me 13 years to do. which person is going to or even be able to, stick to something for that long without earing anything to sustain that activity...
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    Intraday Trend Following

    I prefer chop....it is far more predictable..... the stops are tighter so you can trade larger volumes
  15. P

    Intraday Trend Following

    yep what does it do the balance 75%, when it is not in a trend? it is in a channel. and in any educational course this subject of channels is mostly not dealt with or only a page is given to it. no wonder most traders lose money. this 75% is what traders focus the least upon. they are forever...
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    Intraday Trend Following

    I would say that 85% of all price moves, intraday, are moves not in trend. it is simply higher probability to assume there is no trend.....but that is forex majors. stock markets similar ...but the probability may not be so high. this is because forex charts are essentially relative strength...
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    Intraday Trend Following

    I agree in fact it is better to bet on reversals when you get a sell or buy signal,take that .I do that. if the stop gets hit which happens less than 20% of the time, then assume a trend is in place
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    S & P

    I think the low is in place. any down from here is a buy
  19. P

    S & P

    the down bars are big......so maybe it is and invitation to sell low...... or the big boys are marking down market only to take it up again
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