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Ding ding ding

I dont know about this Peter Brand guy, but I was in a chat room earlier this year for 3 months and the guy running it would make consistent LIVE calls on ES / CL, not 100% accuracy obviously but very good. He even posted the occasional DOM screen shots. Still there are lots of people that think...

What makes you think we have an over population problem on the planet as a whole? Have you every actually driven across a country like Canada? There is SO much empty space on this planet.

I actually do believe in price levels just not so much in the textbook sense of the way. The way the OP made it sound is that he is just looking for some quick easy lines on his chart to take trades from. So for that random lines will do just fine.

Just draw random lines... Will be the same result anyway.

If you enjoy running your business, why on earth would you stop?

This is the a great blog about this topic: https://www.mrmoneymustache.com/ I am so glad that I read it in my early 20's right after finishing University. It's a bit extreme for most people but you gotta do what you gotta do to live the lifestyle and freedom that you really want. The other...

Sitting around and doing nothing gets old very fast. Maybe you can do it for a few months to a year right after quitting your job. Someone who is disciplined and motivated enough to save and invest for financial independence is not gonna be the type to rot away in my opinion. You just have way...

Your Money or Your Life by Joseph R. Dominguez is a great book on this subject. I believe he coined the term Financial Independence. Its an older book but a great read. He was a wallstreet analyst who retired at 31. The real trick is to work / save in the West and then once you reach the cross...

Say you figured out a way to determine price levels where you know there will be a good chance of either resting orders or algos will kick in to buy or sell. The more people figure out this information the more competition there is to get filled at as close a price as you can to your stop point.

This is a question of liquidity....

I do believe there is some merit to what Dozu is talking about. Combining chart analysis with media stories is helpful. Think about April 2019 high in ES... the media was calling for a stock market melt up, yet the chart was screaming distribution with all the over night rallies on low volume...

I had the opposite problem to you. I am a Canadian Citizen who is residing in an Asian country. Credit score is 800+ in Canada, every thing kosher. Yet I was declined. Unfortunate.

What makes you call for the swing high here?

Let me get this straight, your hypothesis is that oil is going to $90 which would make this a position trade... and you took profits 20 min after entry? I personally think that if we can hold the 50** low, then we will get a test of 2018 highs at 72-75. If we lose the 50**support then there...

It doesn't take that much money to travel the world. In fact traveling the world is most likely less expensive than your current lifestyle if you live in a western country...

I just think that all the text books do is regurgitate the same old information. People write books to profit on book sales, it really doesn't matter if what you write is fact or fiction. When it comes to price levels, even if you figure out how to identify actual liquidity levels in the...

This is probably true if you go about identifying s/r levels the way they teach you in trading textbooks...

IMO S/R levels are left over orders that need to be filled AND predatory traders that know how to read levels front running those orders for quick profits. The more times we test the level the more likely we are to exhaust and to move through to the next level beyond. There are times when levels...

Nice call on that one