Can price predict it's own future?

[SunTrader]

Another one for those who get it. No not the levels this time. Today's high to low range:-

 

[maxinger]

View attachment 312356

References.
Stock Market Trading and Forecasting Course
and Square The Range Trading System
by Michael Jenkins

No. It cannot.

But this item can:

OK, serious answer.

Don't try to predict or anticipate.
Just react to the chart.
When there is a pattern / signal with confirmation, enter the trade without
hesitation / delay.

 

[SimpleMeLike]

Just react to the chart.
When there is a pattern / signal with confirmation, enter the trade without
hesitation / delay.

Hello maxinger,

Yes, I never understood why traders buy trading books and read it. Waste of time.

Just stare at the chart like this and have fun.

https://www.elitetrader.com/et/threads/can-price-predict-its-own-future.373851/page-9#post-5798280

 

[SimpleMeLike]

Stock Market Trading and Forecasting Course
and Square The Range Trading System
by Michael Jenkins

Hello mikeriley,

Have Michael Jenkins earned +$1 millionaire as a day trader with records to prove it?

Thank you,

 

[maxinger]

Hello mikeriley,

Have Michael Jenkins earned +$1 millionaire as a day trader with records to prove it?

Thank you,

When I started trading, I had no choice but to buy trading books,
attend trading courses.
Then I had to decontaminate my mind.

So for those newbies who don't have a mentor, they have to
buy trading books, attend trading courses ....

 

[SimpleMeLike]

When I started trading, I had no choice but to buy trading books,
attend trading courses.
Then I had to decontaminate my mind.

So for those newbies who don't have a mentor, they have to
buy trading books, attend trading courses ....

Hello maxinger,

I purchased one price action course for $300. That was it. I do not need no more training on trading.

 

[mikeriley]

Interesting how price absolutely did predict it's
own path on the chart I posted.

Are you people blind?

Last night I followed the same procedure following the mirror
technique and took over 200 ticks. Just coincidence again?

Appreciate all the comments, it's been both fun and educational.

 

[SunTrader]

....

Don't try to predict or anticipate.
Just react to the chart.
When there is a pattern / signal with confirmation, enter the trade without
hesitation / delay.

So a pattern or signal is not a prediction?

 

[mikeriley]

So a pattern or signal is not a prediction?

SunTrader, you and I both know EVERY TRADER
would never enter a trade WITHOUT predicting what
he or she thinks price is going to do.

Anyone who says otherwise is just being disingenuous.

 

[mikeriley]

Hello mikeriley,

Have Michael Jenkins earned +$1 millionaire as a day trader with records to prove it?

Thank you,

Bro, are you too lazy to research an answer to your own question?
Your assumption that any trader has to earn over a million a day
trading the markets is completely foolish.

Does your present mentor earn a million a day trading?

How about lowering your standards to at least a million a year.

You claim you now have a Mentor. When I was under mentorship
I was instructed to read several trading books. If your mentor
instructs you to READ a trading book, would you?

Or will you continue in your naïf and negative assumption
that nothing can be gleaned from reading?

Good luck to you