Price Action. Please clarify something for me

I disagree.
Quote from porgie:

as with most forums this one is also an ego puffing contest more than a trading forum.......when one understands trading has nothing to do with one's level of intelligence, writing abilities, proper speech, personal appearance, and all the other misconceptions, then one can make progress, if he is the lucky one out of 100 that makes it in this business........i contend it is much fewer than that...........if u can't sacrifice a few years studying and enormous number of hours , SAVE YOUR MONEY AND LET A GOOD MUTUAL FUND HAVE IT, OR SOMEBODY ELSE WHO HAS SOME TENACITY..........AND WORK ETHIC..............
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......brother capitulated on systems today....porgie stuff works....he has degree as long as a freight train........top 6 figure job and retired..........he admits it hurt him........he is a genius......it slowed the learning curve .......porgie old cowboy with weak brain........how can he have a 100% today again......can it continue? up down and sideways.........same signal.........only 1 signal now........it can be done....filthy rich man showed me basics......took me 5 years to put it together.......maybe smart guy would have only taken 10 or more........a famous trader once said " if you have normal intelligence it might take 5 years, if you are extremely intelligent it might take 10"..........
 
porgie is not smart enough to intimidate on purpose, and never means to make new traders feel uneasy...........i don't give/sell anything but i occasionally try to help a little........i never advise to trade anything i say..........test it and make it ur own.........
 
Quote from porgie:

......brother capitulated on systems today....porgie stuff works....he has degree as long as a freight train........top 6 figure job and retired..........he admits it hurt him........he is a genius......it slowed the learning curve .......porgie old cowboy with weak brain........how can he have a 100% today again......can it continue? up down and sideways.........same signal.........only 1 signal now........it can be done....filthy rich man showed me basics......took me 5 years to put it together.......maybe smart guy would have only taken 10 or more........a famous trader once said " if you have normal intelligence it might take 5 years, if you are extremely intelligent it might take 10"..........
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ifporgiewouldlearnhowtoproperlyconstructsentences,i'msuremorepeoplewouldgetsomethingoutofhisposts.porgie,isyourkeyboardbrokenorwhat?
 
Why cant people stay on topic and insists on mental masturbation at every convenient opportunity. This is a great thread imo. Too bad it goes down the drain again.
 
I've been really looking into this over the past few days and several things have become very apparent.
Firstly its forced me to look at what has happened recently and then to assess what's happening now. As a result it would appear that if one is able to discern what phase the market is currently in, by taking into account its recent history, then one would be able to make a pretty good guess as to what to expect next.

Correct me if I'm wrong but if this is the case, then only thing left is to wait for the price to give some tell-tale sign of its intentions. Regardless of whether or not it confirms my suspicions the focus is always on what is happeing now in the context of its cycle and what is the most likely event to occure next.

Am I on the right track here?

Steve
 
Draw trendlines in several time frames ...
Quote from sgsaxton:

I've been really looking into this over the past few days and several things have become very apparent.
Firstly its forced me to look at what has happened recently and then to assess what's happening now. As a result it would appear that if one is able to discern what phase the market is currently in, by taking into account its recent history, then one would be able to make a pretty good guess as to what to expect next.

Correct me if I'm wrong but if this is the case, then only thing left is to wait for the price to give some tell-tale sign of its intentions. Regardless of whether or not it confirms my suspicions the focus is always on what is happeing now in the context of its cycle and what is the most likely event to occure next.

Am I on the right track here?

Steve
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where have u boys been with your pearls of trading wisdom? share something worthwhile and we will stay on topic........no forums stay on topic........because they don't understand the topic only trying to steal good stuff
 
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