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market trends their is a higher probability that the trend will continue.market ranges their is a higher probability that it will continue being in a range with equal buying and selling.

Top answer i exactly believe the same. trading is about probabilities.we enter a trade because we believe that an outcome of price going my way is higher than going the other way and that is what gives us an edge in trading.

hello no doji i enjoy coming on this site and reading your comments and a few others. i understand that you trade the 5 minute chart and obviously you are very successful in doing it. i am also trying to do the same but i would like to know (your personal opinion)as you have many more years...

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Technical Analysis does not work, never did, never will so what does work then (i'm not being a smart ass)

i will translate it in basic english. you: we are in a bull trend since 2009 me : no bull trend where i come from (Australia) i trade the Australian markets

no bull where i come from.here is a monthly chart i dont trade it but just to give you an example

dont take my word on it, i trade the asx 200 futures,each market has its own character.in the australian futures their is a lot of chop,twist and turns.very hard to follow on a 5 minute chart,that is why i had to zoom out to the 1 hour chart to see a clearer picture in what is a trend or a...

to wrbtrader i know that their are a few people on this thread that are making fun of al brooks and a few people that are supporting him. i have read his books and videos.overall he talks shit but there are a lot of great ideas that open your mind and give you ideas. if i spend hundreds of...

Thanks for your advice i have been trading with real money for the past one month.what i am saying is that i have been getting smashed on the 5 minute chart because of to much noise,but i have changed to the higher time frame and everything seems a lot clearer now and where as friday, i wanted...

to wingz i have just gone through all your posts and i cannot believe it that someone from the other side of the world has just been through what i have just been through exactly the same. thought i was going to kill it until i copped a reality check = check blew thousands of dollars = check...

double post

trading range = buy at support sell at resistance trend = even though most support and resistance fail to reverse the trend.trend reversal happens at support and resistance

thanks for posting your confession on this thread,but my opinion to you is go and see a psychologist they will know the appropriate answer and how to overcome the situation. dealing with people who suffer from depression is really hard as i have had to deal with 3 close people last year with...

Id say stay away from ig markets,they are a bucket shop broker.my personal experience with them is very negative.

you have to keep the story simple and just look at the the price action and to see what is happening at the moment.once you add indicators to the story it becomes a lagging event and get multiple theories of what is happening in Greece.:D

In my comfort zone called sydney australia

Wasn't suddenly.basically Germany gave Greece a deadline and the Greek prime minister lost his marbles and signed.its funny because the Greeks just had a referendum and voted no to the austerity,then Germany gives them a shitter deal and they sign that one. time for a revolution 3 2 1.............

my theory is that someone just took out the resistance level of that share company.because it was from a 1 minute chart it had to be a large buyer.sellers had been bought up at the 49 level and after that their where more buyers than sellers hence why the price went up

By losing 15000 dollars,i have learnt 15000 ways not to trade.