Hello Ironchef
I don't want to continue to post here and so will start my own thread
To be brief. The gentleman who suggested that my charts look "exactly"
like so many others is simply ignorant.
First, the tools are somewhat different. I use Volume Profile, NOT Market
Profile, as they are different. Market Profile focuses on the timing of a
move, whereas Volume Profile is (as the name implies) focused on Volume
Second, I use VWAP, as do many institutions, however institutions use this as
a metric for trader performance. I use it in combination with Volume Profile to
obtain a "statistical bias". I use it to obtain the approximate odds that a setup
is likely to work.
In the previous post, you said that when you tried to trade 2 bar reversals in real
time, and they did not work (for you). That is probably because you did not know HOW
to obtain the additional data necessary to decide whether to enter or stand aside.
When I said I do things differently I meant it. Am I going to outline all of that for you?
Certainly not. What I will say is that if you take the time to get an education (I mentioned
the need to learn first year statistics and probability) then you might eventually get there.
If I can do it, anyone willing to do the work can also get there.
Finally, it would be a pleasant change if folks would pay attention to what is actually posted
I did not say I ran a fund. I did say that I worked FOR a fund.
