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i have endured not only his books...all of them....but also all his public videos that i could find. i am married to him since 2007..... reading his books will not make you money.....because he discusses so many aspects of market that it can baffle you and that it it would drive any sane man...

you need a win rate above 80% just to break even

first determine market conditions-is it a trading range day or range day..... you can see it by looking at your screen. i did not say it is easy to do to teach or explain so it is easy for you to ask how do you trade market conditions. that takes years of experience

by trading market conditions

knowing when not to trade and how to read market conditions......which is the same thing. price may be random but market conditions remain same for extended periods of time waiting for the market to tell you the most probable trade and getting out at the right time. it is necessary to be right...

just because noise is defined does not mean that it can be managed and management is the main thing.

especially if the past movement has a good reason like increasing profit margins or earning increase

it does not matter how they are formed. it only matters that you recognize it when it is formed. then it is obvious what strategy you should use. strategies are dependent on the market conditions-trending or ranging. What do you do if it is in between? the easiest strategy then is sit on hands...

i do not trade price so if it is unpredictable it does not matter to me. if it random or not is not important i trade market conditions which can be seen determined and is predictable. if it is range then buy low sell high and scalp and use very very wide stops -stay in position until the...

i like aud usd; forex aussie dollar

wrong John Bollinger invented it but he may have got God's help.

good question!!! why predict price, just know market condition then the price is predictable i do not know about price but market condition is always predictable, whether it is trending or ranging and that is all i need to know if i have to trade correctly. to make money you need not predict...

which is noisier? i think indexes. indexes are supposed to be easier but my experience ES whipsaws more often than it trends. my observation purely

that is exactly my point. if you think noise is the real thing you can really have hell

spot fx yes but fx futures in cme is the same as ES as far as cost and commission

IMO: for inexperienced traders not trading index futures will save a lot of hardship. indexes do not move in a direction so it is difficult to trade. you need to deal with constant changes of direction, if you are trading indexes

it is executed orders that count.....

As Ross says the market job is to execute orders.

seeing the Hourly chart i put the stop above the DT by one pip yellow horizontal line. the purple up trend ended at the purple horizontal line and the down trend is in force.

so for any correction in any trend to end, since the correction is a minor trend, the same rules for trend ending and reversal apply. it does not matter what you call a move, - a correction wedge a two legs- for a move to end and reverse, the test must be successful.