Search results

They're doing it just to get your stop obviously, no-one else's

The thing I've never fully understood about that is how do you see buying pressure or selling pressure? Each buyer is matched with a seller so it's always 1:1 (effectively) in terms of contracts. I get how you can see volume come in at a high or low but how do you see if it's buying pressure for...

These rules are all very good but the fact of the matter is that what destroys new traders is leverage and not accepting a loss. Doesn't matter what rules you have, you will go through this a few times before learning. Like quite a few times.

23. The market always goes up so just BTFD.

That's a pretty weak h&s imo. You may as well just say market broke 50dma and be done with it A h&s is better when both left and right shoulders are on the same horizontal rather than an upward slanting one

Not every stock, some key ones. Out of interest why that rather than just say futures time, sales, volume?

Look up DOM trading along with time and sales. Tape reading is the old fashioned name for ticker tape reading but the term kind of stuck around

Will continueo to hold the other half short at this rate.

Yeah, but the market always goes up anyway

POC GFYR :)

Soon to be De Beers ;)

True dat. Although I see some use in it, the software and data fees always seemed to outweigh to the negative side

Investor RT, Sierra chart? What else would you build them on? You mean you couldn't select anything other than 30mins?

And therefore remains the price point that the market participants most agree on It's because he spent all afternoon on Google ;)

I don't think you can really take a closing hour for something like that because volume will rise again when the US markets open. Generally for forex they divide it into segments, Asia open/close, Europe open/close, London open/close, US open/close

That is not really what it is... Market profile is number of contracts traded at a price (volume) 800 traded at 3660, 100 at 3670, 100 at 3650 The volume you see on your charts is contracts traded at a time - depending on your timeframe. 1000 traded at 10am when price was somewhere in between...

In an auction if everyone is trading at a certain price the market will gravitate back towards that price. The biggest issue with mp is figuring what type of day you're in. An inside day (normal day) is easy to trade. You trade from the extremes back to the price with the most volume. The...

It's based on volume at price points. In other words the just volume at a certain price is the one where traders are most willing to exchange contracts, ie the most accepted price. Then rejection points. The volume you're used to seeing is volume per time bar. Completely different comparison

Probably manipulation. Time to sue them.

If we go up we go up. If we go down we go down. ? :)