If what you say is true, I'm interested for sure. Post a chart or two with all his trades for the day.
Any long term strugglers out there?
- Thread starter Eddiemorra
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If what you say is true, I'm interested for sure. Post a chart or two with all his trades for the day.
Good start. Unfortunately it's another day without my skype help today (away on yet another long weekend/holiday) so not expecting too much today!
It sounds like the Skype guy really gets in at s-t extremes...I think it might have been the same guy you were talking about in late August and he sold and bought with a point or two of short term highs...At the time it felt like he was reading the cash SPX s/r, which is often overlooked and underutilized. As Visaria mentioned, there are a good number of very good chart readers and a good number of order flow readers, but the rarity is the person who can combine both skillsets...those really good trades he relays to you would most likely appear completely counter-intuitive in the moment, but then they turn out great since the r:r is so favorable...
I'm trying short here at 2007.75 - stop at 2011
target at 2002
orders are in and we'll see what gets hit first as I have to go out soon
target at 2002
orders are in and we'll see what gets hit first as I have to go out soon
Well, I just relayed the same information to ya. What are you waiting for?wish i had some 'sources'
Moving target to 2003.
I have hundreds of screenshots of his trades. He seems to always be going against the 'trend'. By that, I mean, I don't think i've never seen him take any sort of 'breakout trade' for example.
But as i've mentioned before, I have no idea how he does it.
He has said a few times how he doesn't think that charts/TA etc are enough to give a 'proper' edge. And no...he wasn't referring to psychology etc! He was talking about something that tells you where price is about to go! He seems to know when to hold onto his winners as he seems to know not only what direction it's gonna go, but to where, too!
Based on that, plus his background as a bank trader, and based on the ridiculously consistently brilliant calls he makes, I tend to think he must have some sort of information edge - maybe from his old banking colleagues who are still at the banks! God only knows!
Same guy. What does 's-t extremes' means?
I have hundreds of screenshots of his trades. He seems to always be going against the 'trend'. By that, I mean, I don't think i've never seen him take any sort of 'breakout trade' for example.
But as i've mentioned before, I have no idea how he does it.
He has said a few times how he doesn't think that charts/TA etc are enough to give a 'proper' edge. And no...he wasn't referring to psychology etc! He was talking about something that tells you where price is about to go! He seems to know when to hold onto his winners as he seems to know not only what direction it's gonna go, but to where, too!
Based on that, plus his background as a bank trader, and based on the ridiculously consistently brilliant calls he makes, I tend to think he must have some sort of information edge - maybe from his old banking colleagues who are still at the banks! God only knows!
But you just described how he does it in the 2 sentences preceding this.