Price Action - NQ

dbphoenix · Feb 2, 2015

lajax said:
Yes, he also likes W and the work of Db and follows their principles in his day trading.

A professor, eh? Hmmm. Am I becoming a subject?

fortydraws · Feb 2, 2015

Nice journal, lajax. You're in good hands with DbPhoenix

But as importantly, you're doing the work in the right way.

lajax · Feb 2, 2015

Scaleout.Scalper said:
One thing Ive noticed is that most of your comments cannot be said at the time of "line or arrows", it's not only until later than one can put the price action to context or perspective.

In other words, lot of reads in hindsights that could have you believe something that is not possible to accomplish.

I believe this is why most price action traders leave old price action pattersn in the past, to sort of give justice or meaning to their work.

Some words of wisdom, don't fool or lie to yourself, even if involuntarily.

PS: This is not an attack, this is a suggestion.

I dont know if I understand your question, but I think that the a "lot of reads in hindsights" is part of the observation process that I do going bar by bar

Scaleout.Scalper · Feb 2, 2015

lajax said:
I dont know if I understand your question, but I think that the a "lot of reads in hindsights" is part of the observation process that I do going bar by bar

You will not be able to do make decisions in real time the way you think you could but there will be plenty who will disagree, you been warned.