Mr. Snopes,
I really enjoy correspondence with you, not only because of discussions, but due to intelligence as well.
I've already read some posts where you and Spydertrader discussed Price/Volume relation. So, I treat that you are saying and Spydertrader as interesting and useful.
I had previously some researches about Price Volume relation and anomalies, but not found something in my understanding really obvious and exact and placed that in "long wait box"
However I admit that could be due to the reason I watched something wrongly. Because that relations and anomalies certainly exists.
The main reason was that sometimes increase or drop in volume not means that it support further price action and it will move further in that direction, as sometimes all ends on that stage due to different reasons.
Instead I've focused on market/price cycles and did some normal results.
Soon, I will post on of that strategies in that thread in order to show in example what do I mean.
I also will continue that work and research, because I'm sure there are no any very special secretes, whereas there are certain simple rules and laws in market, its structure. And even if that "secrets" will be revealed it will not stop them working as anyone in the world unable to change saw direction and structure of wind, the same with market and also discipline : any "secrets" could be open, but a few nevertheless can use them
So, I really interested to continue that research to talk to persons who are interested in that as well, that's why such name of the thread was chose.
My nationality is not secret, seems, I already wrote about it, I have a lot in my blood from Mediterranean nationalities.
Language during long period in my life I had English as my second nature one and still love it and enjoy, of course due to smaller practice now and sometimes due to a lot of thoughts I have to say I make mistakes, sometimes when I worry I again make some mistakes or write in too complicated manner.
But it ok with me I look here for comfortable and useful conversations. However if I was on biz talks I would be much more different.
My account size indicated with intention and that I'm trading now often only 1 contract as well. Besides that is different theme about scaling, position sizing in and out, etc and I do not want load that thread now with that.
With regards to that "empty" posts I quite enjoyed them as fun, as from my business carrier I know perfectly who is looser and who is good person or good person but in troubles
The only thing I'm sorry a bit that it took some space on the thread, because I want to keep it clean and useful for others as well.
Also I will continue to write openly here what I found/research (with except to the info I've been asked not to share)
I meant not yesterday meaningful highs and lows, but intraday. I'm trading now (apart I did swings with stocks) only intraday.
Krgds,
Andrew
Quote from Fleming Snopes:
Mr. Wagain, Mr. Spydertrader is in my experience one of the most selfless and trustworthy posters on ET. His approach has the advantage that you can use its simplest features with confidence in the beginning, and add complexity as you gain experience. My only caveat is that you should be open to improving it with other approaches which work. As you get deep into that community's threads, you will see examples of others who have integrated supplementary approaches successfully. Might one now inquire as to your nationality? Despite criticism of your English composition, from my own experiences struggling with a second language you are doing quite well. Put snotty posters here on ignore and forge ahead. And do not let anyone make fun of your account size. Trading one contract carefully with a small account is an excellent practice. Squeeze all the profit you can from that one contract before you risk increasing size. As to previous highs and lows, I find them to be useful only in the context of how today may behave relative to yesterday. Now be guided by Mr. Spydertrader. You have found what you sought.
