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...and, by the way, I can actually see the USD-JPY target at 151 been reached in the near future, it would not surprise me at all. So maybe TVIS does not necessarily day trade, he seems to identify areas that are likely to touched by price within days or few weeks, has the capital to stay in the...

I have to say that the targets pointed out by TVIS have, for the vast majority, been "eliminated". For myself I am actually interested in how they are picked out since some of them were very surprising to me. Therefore, there may be something of value here...

I don't know if it is just me, but throughout my trading experience (over 10 years) I have been afflicted by a serious ailment: I have always had this urge to enter a trade at a pivot point when the direction of price reversed. No matter the bad results due to the ailment I kept doing this, it...

I think that one of the major plus of this thread is that it leads you to think outside of the mainstream (mind) box (Technical Analysis and similar stuff found in books, seminars, etc.). It has often been pushed by the various OP to think for yourself and find your own way, although I think...

Actually, often enough, price will be doing two or even all the three things at the same time, depending on the magnification with which it is looked at:D

First rule of the wannabe trader (we all are until we make it): think for yourself, do not go looking for a guru, trainer, book to teach the secrets of trading, you will never find them this way. second rule: hear what people, books, trainer, guru says but think about it and filter in what you...

yes and no... time is packaged into bars/candles, right? so when you look at a chart you look at the price escursion during a month, a week, a day etc. Now, is it the same to look in real time to a 1min chart and a daily chart?

how is time represented on a chart?

Time = Money is very, very obvious once you stop and look at charts

and I agree with LF that this thread does not give any specific detail on how to trade profitably, but I would say that it is definitely better to spend time reading this thread than studying all the TA crap. At least this way you may choose to think for yourself and find your own Obvious...

The only sure way not to lose money trading is...to not trade at all!:D

spaceships?:D

"did you know that nearly all of the oxygen given off by the Amazon rain forest never leaves the Amazon" well I have had a similar argument with ecologist or supposed to be such many times in the past: with over 70% of the planet covered by oceans the real homeostasis between Oxygen and CO2...

no more Obvious?:D

SHABL, obviously!

Patience is most definitely an obvious pre-requisite to trade with any hope of success. It is necessary but not sufficient as what you really need is to know what to wait for:D

Trading is boring, sometimes you need a distraction:D:D:D

It wouldn't matter, as the Op said once: "I could tell the obvious and it would be discounted". Moreover, the hard part of a successful trading method is being consistent in using it, it is enough to screw up once to easily burn a week earnings.

Very good analogy, I like it. I would add that when the weather start changing often, for some time, there is some uncertainty, for a time it is variable, it may rain and be sunny at the same time:D other times, it may just be a passing cloud or it may rain for a few hours, or in more extreme...

The thing is that there is no holy grail provided in this thread, but, if not taken too seriously and too deep, this thread provide a path to a different way to approach trading from the mainstream (Technical and fundamental analysis) way that we all know is a bag of bullshit. This in itself is...