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M4-1 I will share text with FV, but all past learning has to go to storage room as I am telling him/her, too much clutter confuse the view.

Like my primary school teacher used to say: "school should teach pupils to learn, to be curious about the world and passionate to learn about it" this remained with me all my life. I was never much of diligent student, I would be very good in subjects that interested me and learn just enough on...

doubling down on losers... been there, done that... not anymore, please, I already left enough of my money on the table to do that. I have gone through all the usual stages of the trader life: lose some money, make a lot of money, lose more money, be too scared to trade, slowly getting back on...

oh I don't doubt that, of course there is a reason behind what happens, most of the times, it is just that I have followed a different path from 99% of traders as I have not had the usual education in trading: Technical analysis, trying all the instruments thinking that finding the "one" was the...

usually, I do that, but often times I am too shy and miss the good trade:banghead::banghead::banghead: like today on NZD.USD... I missed the up and the down, but what you know, there is always tomorrow:D

Sorry, all of this is way too complicated for my taste, also non having a standard training in trading (never even bothered to learn about options, never traded them never will) there is too much I don't know and I do not much care to know. I just look at the chart and trade what I see:D

"if + 60,000 is change in OI and 1,400,000 are traded..then surely that means that 1,340,000 contracts were opened and closed in the same day" That's not exactly right, is it? the only information we get is that today there are +60K contract still open at the end of the day compared to...

the estimate is qualitative and not quantitative, based on volatility on the day. There were good day traded on the 30/11 not so much the other days

30/11 - 70% day trades 01/12 - 40% day trades 02/12 - 40% day trades 03/12 - 40% day trades 04/12 - 40% day trades

Which would have been a good choice today:D

as for the % I wouldn't know where to start so I cannot answer.

magic number is 2, the trade is a closing trade

well, after gaining a bit more ESSENTIAL information, like looking at the chart on Daily TF I have to reconsider my previous statement. price has been trending up on a daily for quite some time and I have no reason to think why it should not keep doing that. I would see if it goes down a bit...

price will likely range for a bit on 30m TF, I would expect to go short eventually, might be wrong, of course:D

look at the balance between price fluctuations and you will see the groove, track, path...

track, path, groove... same story

same same

It is present in all TFs. but... you need to see the path and the deviation from it otherwise it may not be a good trade.

And... there is no need to enter at the high point, just follow the retreat

of course they are easier to see in hindsight, but... when price move out of its path and then stops/retreat it is a good sign...