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Good point! One that many traders do not even consider. I, of course, am a chart reader. Patterns work a percentage of time. Other times they fail. Correctly interpreting the context within which a price pattern occurs is an important factor in deciding if the pattern will likely succeed or...

Probally because they have been arguing about if volume helps or not. LOL

You must not have seen the western The Big Gundown with "cuchillo" .......

I agree, in theory, with one exception. Regardless of methodology most traders will not be successful. Simple..complicated...it doesn't matter. Usually what does most traders in are the psychological issues. I suppose that is where automation can help.

BINGO..you gotta love it. I did it way back before the days of the Dom and have never been able to get it out of my blood...a scalper may meander over to other methologies as the markets change but way down..deep inside...scalping rules. And it is never forgotton.

It can be done but not everyone is suited for it. It takes a different set of skills. You look at no charts..no indicators..just a Dom with eyeball eyelids pinned back with bobby pins or toothpick so to speaks....lol Years ago i used scalp the spread back when quotes where in fractions 1/16...

ROFLMAO! Trading "a la grady" is certainly a way to scalp but it is surely not for everyone. You have gotta to have a quick eye...quick instincts..quick wits...quick decision making skill...total concentration...detachment from wins and losses...count profit or loss at the end of day...i am sure...

Bingo...bingo...BINGO

ROFL...ANYTHING CAN BE MEASURED. Even circles and squares.........

Charts show basically the same patterns as years ago. If anything the HFT's and algos have made them more precise because they are removing the emotional element. 70% or so of the trades in ES are computers. 25% are your traditional institutions and lastly 5% retail traders. Look at any...

Looks like Jack Hersey stuff

¡MERRY CHRISTMAS! May you have much volume and good prices in 2018.

Wrong... you can only have potential next price or actual last price. Same with volume.

BINGO

Of course the chicken. For without the chicken there would be no egg. ROFLMAO

You must be trading institutional size to move the market in an index future. Like in the 100's of contracts at a time......

That is viable way to trade. I just prefer looking mostly at RTH as that is when most activity is present but i also look at the OVERNIGHT session especially before the open of the RTH. Usually i am looking for patterns formed during the overnight. It is kind of a prep for the open of the RTH...

It could be of some value if it confirms price or probable price action. Take for instance a doji bar on extreme high volume. What does that tell you? What would the same doji bar without a peek at volume tell you? What if it is extremely low volume on the doji. What does that tell you?

First let me say I am observing buying/selling pressures all throughout a range to try and acsertain probable BO direction. So, I am forming a bias as the range is forming. That can be useful but also troublesome if the bias ends up being wrong. However, I am well aware that I will be wrong...

Thanks for your kind words. Most of the time I seem to be scorned and laughed to oblivion for the trading ideas I share so it is refreshing to get my ego built back up a bit ..ROFL. However, I horse around too much to be taken very seriousley. Nevertheless, I do enjoy sharing abit, once in a...