Charts For No Reason
- Thread starter easymon1
- Start date
It looks too easy. Without marking the pivot points (likely after they happened), could you have predicted the swing highs and lows in advance?
I never try to predict price action.
I determined my entry from the second or third 10 minute BAR that's on the REVERSE LEG.
I'm watching my main chart, which is the 30 minute Chart.
I'm also looking for the 30 minute chart to follow or align with
price action on the 10 minute chart.
This technique is taught by Bob Volman in is Price Action book.
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So where is the Dow going next? RIGHT NOW?!? Don't draw your lines AFTER THE FACT...DRAW THEM INTO THE FUTURE OF WHAT YOU HAVE LEARNED IS TEACHING YOU ABOUT WHERE THE DOW IS GOING IN THE NEXT FEW HOURS.
Hi there Overnight.
I never try to predict where price might be going.
I trade what I see based on past behavior.
BUT! I have a pattern for NQ on the 30 minute chart
that I've termed the TOWER TRADE. It may appear
I can predict it's movement. But I just respond to
this certain pattern. It ALWAYS follows through.
Unfortunately I don't see the tower pattern too often.
Placing a trade is predicting where the price might be going. So why not post it as you enter the trade? Nobody is going to steal your secret sauce.
Well, I don't visit this forum or any forum while Trading.
I don't post anything until AFTER I'm done trading.
Trying to post would be too much of a distraction.
I'm not that kind of a trader. I need silence in a dark
room without any distractions. I even kick the cat
if he come prancing in the room.
