A simple price action approach

Quote from 1a2b3cppp:

What?

That made no sense.

Why draw trendlines if you're not trying to predict price movement?
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I have read this thread with interest and although I understand what the OP and other valued contributions offer in genuine constructive insight to something I ,personally, have not considered...

Your arguementive comments indicate you are a floundering wanna be trader....if you trade at all.

Little secret: It is not what you say...it is how you say it that tells us who you are.

My personal observation is that you are not a traders' left tit....and therefore you legitamately have nothing to offer, in substance, to this thread.

Move on...

NiN
 
Quote from Lojanica:

How about regression channels on a balance volume or weighted volume price chart?
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regression channels are still linear thing, similar to traditional channels.
 
Quote from dejavu8:

regression channels are still linear thing, similar to traditional channels.
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OK. Great thread just adding to the discussion. We're building a valuable knowledge base here in a friendly open format for discussion. Thanks. I'm gonna chill now.....
 
Quote from jack hershey:



start with the finest size (ticks) and build your system from there.
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What about slow size, the carrier and the middle size - trading?

Today`s CL carrier and the overlaping carrier from the previous weak has entered into competition for my attention.And even though i`m a very atrocious motherf....r i liked them both and proved to be in the 'a bird in the hand is worth two in the bush' situation in the result.

So fack the carriers,i`m starting with the finest size today:D

"As another has said: FTT's are the name of the game. Trading on a given fractal is done from FTT to FTT."

Both carriers stuck with the point 3 and neither had FTTs.So the game didn`t play out and should have been reset.

Jack,why didn`t you lead the game to the FTT?I thought you should`ve been on your workbench.Or you are on vacation?:D
 
Quote from Now is Now:

I have read this thread with interest and although I understand what the OP and other valued contributions offer in genuine constructive insight to something I ,personally, have not considered...

Your arguementive comments indicate you are a floundering wanna be trader....if you trade at all.

Little secret: It is not what you say...it is how you say it that tells us who you are.

My personal observation is that you are not a traders' left tit....and therefore you legitamately have nothing to offer, in substance, to this thread.

Move on...

NiN
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The position I have open now in SPY is probably larger than most traders on this forum's accounts

Instead of insulting, try quantifying so other people don't think you're a babbling guru.
 
Let's further our understanding of trendlines. Note how price reacts when it crosses a trendline and tests it from the other side. See how the trend is respected, even when it looks like price is turning down?

There is much to grasp from such PA. Here we have a 5min chart, which you can use when zooming into a higher time frame, like the 60 minute.

5min_TL_PA.png
 
Quote from metal:

Let's further our understanding of trendlines. Note how price reacts when it crosses a trendline and tests it from the other side. See how the trend is respected, even when it looks like price is turning down?

There is much to grasp from such PA. Here we have a 5min chart, which you can use when zooming into a higher time frame, like the 60 minute.

http://i1205.photobucket.com/albums/bb432/metaltrader/5min_TL_PA.png
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Something like this?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3186376>
 

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