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Hi Shel, Chart looks good. I trade the NQ off of a 500 volume chart but there is a lot of noise. I am thinking of going to a 1000 volume chart. Keep posting those charts. This is the best thread on the forum. Thanks

Maybe the game is tied, and we are headed for 10 more innings of pure hell. Cramer said a few months ago that financials and housing has bottomed. Yeah, right. Bernanke said that slowing economy should ease inflation concerns. Hmmm, that did not work out either. Instead, oil and...

I trade the NQ as well. There are a few great threads on price action in this forum but any addition would be great. There is so much witchcraft vendors out there that it is very difficult to learn how to trade. Your concept of entering after stops are run are interesting...

Here in southern california housing is plummeting and gas prices are already close to $5.00 a gallon. Grocery bills are through the roof. Helicopter man has no credibility. First he said housing is contained last year. Then he said a weak dollar will not cause inflation. Only when...

Invest Tools are constatnly having "free seminars" at various hotels. There are probably hundreds attending there too, each hoping for the Holy Grail, which does not exist. Number in attendance means nothing. There are more people who just want money, and not put in the hard work...

CNBC did the same thing last year with "all time highs" in the dow. Yes, you do have to wonder. But then, you never know with the market.

Hi Dobbes, I am a recent price action convert. However, I found that I get chopped up on the entries due to lack of skill. I found that using a MACD for potential entries with confirmation from price action helps out. MACD lags, but it also would have gotten you in on a short on...

When Ron Paul was drilling his #$@%X during a congressional hearing, helicopter man said that as long as you live in the US, a depreciating dollar does not hurt the US citizens. I guess $4.00+ for a gallon of gas does not matter. Who needs food and energy. Just focus on the core CPI.

Thanks Anek, Hope to see more posts in the future. Thanks for recommending Suri's book. I would of never found it without you mentioning it. The concept of Ross hook is also very interesting.

Bob Pisani on CNBC explained the reason for the sudden decline yesterday. VIX was too low, and traders got complacent. So next time, if the VIX goes too low (whatever that means), we can just short the market like crazy.

Hi Amitman, I like either entry A or B. As jjrvat mentioned, entry C is good for trending markets. Thanks for the post. It makes various entry methods clear. As for myself, I am using a 3 bar reversal entry with Heiken Ashi bars that aligns with the direction of the wave. I am...

I have been reading Joe Ross's books. He does not like indicators. He mentions price action is key. Couldn't agree more. Teaching price action is not good for vendors though. No fancy indicators/ software to sell. Maybe that is why so few preach price action.

Didn't the Romans mix some garbage in to gold coins, thus causing massive inflation? This is an insane. http://www.msnbc.msn.com/id/24491928/?GT1=43001

PBP method followers trading the YM/NQ probably had a fantastic day today. As for myself, I developed bad habits in trying to pick bottoms and tops. I studied so many different methods that I need to get rid of garbage, and just stick to price action. I was not able to put a single...

He is probably talking about banks. The common people have to deal with nosebleed inflation. Oh wait, core inflation is under control.

The NQ chart is priceless. Price action is key. How many people stress that? Very few. It is indicator this, indicator that, but very limited info on price action. There is so much garbage out there, it is no surprise that over 90% of traders fail. I used to subscribe to TTM...

I normally trade the YM but watched the NQ this morning. I could not believe the difference in how the NQ trends much better. Could someone give me some feedback on the pros and cons of trading the YM vs NQ? I used volume charts (200 shares on YM) vs 377 shares on NQ for comparison...

This thread is the place to learn price action. Looking forward to more posts.

There was some dude on CNBC from Hong Kong yesterday saying ag price has not been reflected in to final products. Obviously he has not been shopping at my neighborhood Ralphs supermarket in the Los Angeles area.