The 3-2-1 Approach: A Simplified Method for Trading Any Market

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 .''''''



 
I agree there will be moves out of middle or consolidation.
Howver it usually chops to death on both sides of the middle until it finallu makes its real move. Like the bond settle P formation
on Monday, it tanked Tues morning well below previous day value
area low before then rallying almost 2 points as es tanked.
The point is is MKT profile is great after the day is over when you explain to someone everything that happened. It does not show the trader getting chopped in consolidation on the fake moves out of the middle.
 
Quote from milnarf:

I agree there will be moves out of middle or consolidation.
Howver it usually chops to death on both sides of the middle until it finallu makes its real move. Like the bond settle P formation
on Monday, it tanked Tues morning well below previous day value
area low before then rallying almost 2 points as es tanked.
The point is is MKT profile is great after the day is over when you explain to someone everything that happened. It does not show the trader getting chopped in consolidation on the fake moves out of the middle.

Agree...

It also depends on how you're segmenting the chart as well. One could show a "move out of the middle", after the fact, in any fashion he chooses if he segments the chart in a certain way.

It's a nice work of art in hindsight, but how about some real time posts...
 
See For Yourself

You can certainly see for yourself all the calls Charles Cochran is making by taking the free room trial. I trade for a living and cannot sit in this room to make real time calls. But you can see all the calls real time for both the ZB and ES and it won't cost you a cent.

Just hit the free trial button on the Trademaven banner ad and you can register.
 
Quote from milnarf:

I agree there will be moves out of middle or consolidation.
Howver it usually chops to death on both sides of the middle until it finallu makes its real move. Like the bond settle P formation
on Monday, it tanked Tues morning well below previous day value
area low before then rallying almost 2 points as es tanked.
The point is is MKT profile is great after the day is over when you explain to someone everything that happened. It does not show the trader getting chopped in consolidation on the fake moves out of the middle.


Your statement can't be further from the truth. If you learn how to read Balance Bars and act accordingly then you'll be in the trade BEFORE the MOM begins.

If you'd like to learn about BAlance BArs you'll need to attend our free trial. They happen all of the time and are very consistent.
 
Quote from monti1a:

Agree...

It also depends on how you're segmenting the chart as well. One could show a "move out of the middle", after the fact, in any fashion he chooses if he segments the chart in a certain way.

It's a nice work of art in hindsight, but how about some real time posts...

All of you are invited to attend a 10 day free trial in the room with real time posts. The ET forum is not the place for real time posts.

Click the banner at the top of this page and you can enroll in the free trial. You'll see all of the real time calls/posts that you want.
 
Quote from Hombre:

"'''''''' I guess that all above means that you can't prove that your teaching( NOT A SYSTEM ) actually works .''''''




It does absolutely work. It is very difficullt to prove the concept to you if you won't take the time to see for yourself, for free.

You need only to spend a few hours in the room. It's easy to say something works or doesn't work once you experience it for yourself.

If you come into the room for a few hours or days then you can report back to the ET Forum your conclusions.
 
Quote from ZAL:

It does absolutely work. It is very difficullt to prove the concept to you if you won't take the time to see for yourself, for free.

You need only to spend a few hours in the room. It's easy to say something works or doesn't work once you experience it for yourself.

If you come into the room for a few hours or days then you can report back to the ET Forum your conclusions.

Will do.
This is much better tone, looks like you are learning how to present yourself to sound professional .
 
Quote from Hombre:

Will do.
This is much better tone, looks like you are learning how to present yourself to sound professional .
Please keep detailed records of your time in their trading room.

From what I've seen ZAL is "good people" and stands behind a pretty good product.

I'd look forward to seeing if my perceptions are consistent with your detailed objective research.

Good trading
 
Quote from Hombre:

Will do.
This is much better tone, looks like you are learning how to present yourself to sound professional .

Yep, I agree. I had a bad attitude the last couple of days.

I know we have a good product. If someone says something negative about it I shouldn't take offense. My apology.
 
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