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You are required to choose. The choice is , however, personal. Each trader has to choose those things that are in line with their individual personality and belief systems. You could not pay me to use constant volume bars. Not because constant volume bars are inferior (something I never...

Please tell me where I said you are a poor trader that makes no real money in the market. I know where I said that the Professional money to which I refer are NOT hedge fund or mutual fund manager. It was in the post you seem to only want to select a portion of. Tell me again when I...

" When observing volume information, keep in mind that this represents the amount of professional activity and little else.", Tom Williams Master The Markets, p. 18. Therefore, if you keep the volume constant there is no way to see changes in the amount of activity by the Professional Money...

LOL. In truth, I prefer the term Professional Money. The problem is most people do not know the type of professional being described. Hedge fund managers and mutual fund managers are professionals, but are not the Professional operator about which I speak. Professional syndicate traders are...

Constant volume bars are not superior. The problem with constant volume bars is that: all the bars have constant volume. :) There is no way to determine the activity on one bar with the previous bar or any other bar as the volume remains the same. Time helps but it is not sufficient for seeing...

Maybe you should spend less time on trying to PREDICT price and more time on understanding WHY price moves the way it does. The cause of all price movement is the result of imbalances of supply/demand, created by Professional operators. With much thanks and no disrepect, I have attached...

Currently I am using CMS and they supply volume information on their Visual Trader platform. I do not use tradeguider, but they get their forex volume through e-singal. If you have e-singal then you have access to this activity (tick) volume. I am such a believer in volume that I would...

First, tick volume represents activity and thus can be used in place of actual volume. Suppose you are watching the market and using a 230 tick chart. Now all of a sudden you note that it took 3mins to for the last 230 tick bar. The next bar, however, takes 5 mins 10 seconds to form. What...

My bad. Here's the pic.

Markets work on supply and demand. Volume is the key. It is true that it is usually misunderstood, however, that does not diminish its value. Just a couple of thing to see in the chart below. 1. First, on the 30 min. Most people see this wide spread bar on heavy volume and assume that...

I don't think this is the appropriate thread to answer this question. Not to mention the complexity involved (in the question and the answer). However, here is just a few thoughts: First, take a look at the original statement. "optimize every 10 days." Problem one, once you begin to...

I don't think this is the appropriate thread to answer this question. Not to mention the complexity involed (in the question and the answer). However, here is just one thought:

We all have different believe systems and different personalities. Not everyone will respond to the same type of coaching. I have seen some of the videos and he can be a condescending jerk. Yes, some of the tools are cool looking. But I can do a better job just reading the chart (price & volume)...

WAKE UP Volume is the MAJOR indicator of the Professional trader. 1 You have to ask yourself why members of the self-regulated exchanges around the world like to keep true volume information away from you as far as possible. The reason is because they know how important it is in analyzing...

Go to the head of the class. The two main elements needed to successfully read a chart are: 1. Volume- this is how one can spot what the Smart Money (the BBs) is (are) doing. 2. Understanding of support/resistance. "floor pivots" are one way. Market Profile support/resistance is another...

No, you certainly do not know anything about it. It all started as a few post between Asher and some friends. "Magic" was used as a joke to grab their attention. Turns out, more people asked for the information and a course was born. The word "magic" just kinda stuck. There is a book...

I know that trading is a zero sum game, but why do some people have to be such as*hol**? Just because a subject has been talked about before is no reason to be d*cks about it. Not everyone started trading the day this forum went online. New meat/traders appear everyday. Why should they be...

Keep optimizing for the last 10 days and you will have a system perfectly suited to trade the last 10 days.... Unfortunately, I have yet to find a broker that will take a "market at price 1-10 days ago" order. Backtesting has limits and most people do it incorrectly. Optimization is always a...

That is correct. From the dawn of markets there has been support, resistance and Value. Markets have been balanced (non-trending) or unbalanced (trending) from their inception. The market is a duel auction process, always has been. Always will be. So you are correct, Market Profile, a...

Think of Elliot Wave. Elliot Wave is a Methodology. It encompasses a set of market believes and assumptions. It answers questions about how price moves and when. It brings together human psychology and market behavior. It creates the entire prism through which all aspects of the market are...