Quote from ZAL:
Hombre....
This is my response of yesterday. I'm sorry to hear of your affliction with short term memory loss and/or attention span disorder.
"'''''''''''''' Are you upset or something ? I have no aflictuation with short term memory loss, I just didn't read your post."'''''''
Once again, trading with Market Profile, Volume Analysis and Deceleration is NOT A SYSTEM!!.
'''''''"Did I say """SYSTEM """ ? I think not. I think you have inflation of reading comprehention ."''''''''''
If you're looking for a fail safe, guaranteed to make money, you'll never have a losing trade SYSTEM this is NOT the place for you. If you're intersted in improving your trade location and trade maangement skills then we probably can help even a guy like
you.
'''''''''''"Even guy like me ? You would do it for me ? Reeeally ? ''''''"
......yesterday I stated:
I don't know how to be more concise:
1. Buying the bottom of a 'p' formation is a high probability trade
2. Selling the top of a 'b' formation is a high probability trade.
3. Going with the direction of a MOM is a high probability trade.
I can't put an exact number on it because I don't have one. My experience tells me that #'s 1 and 2 are in excess of 70% and #3 is in excess of 80%.
4 full tic stop in the Bond is what I use. It is not what you have to use. Everbody is looking for an exact answer like trading is some kind of exact mathematical equation.....it is not.
I typically look to exit with a 4 tic profit. Other traders look for more OR less. I use 4 tics as my guide because 4 Bond Futures tics = 1 Basis point in the Cash Bond Market. The Bond Futures market is a derivative of the US Cash Bond Market.
You will be well served to get educated on the Profile, the concept of volume deceleration and Balance Bars. The more you learn the better you will execute.
"'''''''' I guess that all above means that you can't prove that your teaching( NOT A SYSTEM ) actually works .''''''