hmm.no edges in the markets

Quote from Tonkadad:

Are there any other conditions that need to be met?

Since you are being so reasonable with your requests I don't think it would be out of line if you required 50% of the profits for the week.

Money isn't an issue with me. However, I do know that a certain Price Action personage requested $50,000 as opportunity loss cost to participate in a 10 day combine in order to demonstrate in a controlled environment.

What's not reasonable about my request? The combine will work just as well, and I'll even fund it if needed.

surf
 
If money isn't an issue for you, you should have ponied up the 50k if you were very curious.

Quote from marketsurfer:

Money isn't an issue with me. However, I do know that a certain Price Action personage requested $50,000 as opportunity loss cost to participate in a 10 day combine in order to demonstrate in a controlled environment.


surf
 
Yeah PA around established S & R levels can lead to some great trades. Just a matter of waiting for price to come to those levels and then paying really close attention to how PA is trading at them. And, of course, it takes a trained eye to catch subtle hints. Not suggesting anyone can do this without the requisite experience.



Quote from NoDoji:

I remember so many traders posting along the lines of "I just trade support and resistance" and I had no idea what they meant by that.

Now that I know what is meant by that.

:cool:
 
Quote from NoDoji:

It's all about the S and the R :D

Here's a chart with the triangle drawn:

attachment.php
 

Attachments

I remember NoDoji posting along the lines of "I just trade support and resistance" and I had no idea what she meant by that.

Now I am beginning to know what she meant by that.
 
Quote from Ned Stark:

Yeah PA around established S & R levels can lead to some great trades. Just a matter of waiting for price to come to those levels and then paying really close attention to how PA is trading at them. And, of course, it takes a trained eye to catch subtle hints. Not suggesting anyone can do this without the requisite experience.

Yes, that's it! The patience to wait for price to set up at key levels and a set of rules for entry and trade management. The trades don't all work but the rules you come up with create the positive expectancy (hopefully!) :)
 
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