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So on the 1 hour chart you have drawn S/R lines at peaks/lows and where prices spikes up/down. These are levels where stops have been taken out and smart money has an interest? Those levels than get inherited by lower time frames and you trade on the 1m chart refering to those levels. The...

I'm struggling to find a source of those HS42 charts, and the evenings go too quickly.

Whether that target is possible or not, I think many of us just think its impossible as its so far removed from our daily experiences, so it then does becomes impossible. We are so locked into our daily routines just to keep our heads above water, and so much time is used up just to cover the...

We need to be aware of whats happening and not miss the obvious. <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/FdEVWlnWc7s&hl=en_GB&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...

Education generally teaches us to fit in, to work with others, trains us for roles, to know our place and to contribute to society, and be fair in our dealings with others. Thats one aspect of education, its purpose is to benefit society. Those who follow that route become worker drones...

We can surmise that children are adaptable, are able to fit into whatever environment they are presented with by their parents and upbringing. Its a human survival strategy to belong to a group, there is a sense of safety in numbers, probably its just a primeval instinct we all have. As people...

Thats fighting talk!!! :D The interpretation of the thread title depends on how each of us defines success or failure, and that in turn depends on our personal objectives for being traders. Some people would be content to trade part time, almost as a hobby, in order to supplement an income...

Understood. Ultimately, we have to develop rules that specify how we react to current observations, rather than use past observations to predict the future course of price action. To verify the accuracy and usefulness of those rules, without loosing money, it seems prudent to me to look at...

MK, Regarding these BOBs, I don't daytrade yet, but can't you do something in tradestation to alert you when a BOB occurs, making the colour of the bar very distinctive, so you can react quickly. PLEASE be careful and do your own tests regarding trading using these BOBs as its just theory...

So TE, are you implying that these BOBs are signs of where the price is heading? If the previous bar is taken into account then a BOB could be interpreted as a reversal pattern, similar to engulfing patterns in candle sticks. I suspect that a BOB on a 1 minute chart should, by itself, be used to...

BOB = Bounce off Bar? In my youth, pre-decimalisation, a BOB was a shilling, equal to 4 thruppenny bits!

Sounds nice, "holiday in the wild". Yes I'll keep an open mind, I have actually looked at the website MAESTRO gave a link to. My rant was on the day that the wonderful new UK government announced plans to raise capital gains tax from 18% to 40%!!!!! Not that I pay tax at that rate right...

Such arrogance! I don't tug my forelock for anyone!

Insidious advertising by a vendor is not appreciated.

Says it all really!

MAESTRO, YOU are pushing a product, and I am not interested. If your product had any value over the 18 years you mention then it would have spread rapidly, and numerous incarnations of it would be available from numerous providers. That simply isn't the case. So I don't believe a word you...

A bit more info would be helpful TE. In the past you stated something along the lines of: you learned a way of reading charts, and that when anyone else sees that too, then they won't want to tell anyone else. Maybe if I stare at charts for long enough then I'll eventually see the face of...

Yes, just thought it worth a look, I didn't like their software either, it seemed very basic. Need a CFD platform which can show a stock's relative strength compared to an index or sector, and futures v. cash divergence. There doesn't seem to be an easy way to find one except by trying various...

So you use volume then, and what platform are you using? I tried the IG Markets demo for CFD trading but was suprised to find that in their demo account, US stocks can't be accessed. BTW I had some good advice recently not to get married to a particular stock :D Presumably the gap up...

Top up time for The Generals in BDX?