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The no BS, obfuscation-free price action thread
- Thread starter 1a2b3cppp
- Start date
He posted a daily chart that is time-based and slower than the hourly chart you mentioned. Did you not see it?
Who are you, anyway? Where are your profitable calls? How do we know you're not just another ET guru like the countless others who talk a big game but never post any real time calls?
I think Anek used a 5,000 volume chart (or similar) and 5 sec chart to look for volume. And a daily chart to look for trends and big S/R points. I think 1a2b3cppp is on the right path.
When I made my own price action thread years ago I got frequent "advice" from people who weren't profitable traders. I got PM offers from people who said they would teach me for thousands of dollars, without offering any proof that they were profitable or that they could teach. If you have something to contribute, contribute. Otherwise why are you here? If hourly charts are the best kind then post some and drop some knowledge.
That is hilarious, considering I think that is actually Anek trying to help him. It's totally his twisted sense of humor.
I've been accused of being a stealth vendor because I've stated again and again that it's possible to be consistently and significantly profitable by trading based on technical analysis of price action, and also stated that it's possible to have almost no losing days as a price action scalper. Anyone familiar with technical price action trading and advanced intraday scalping techniques knows that both of these claims are reasonable in the presence of a trader's mindset as described by Mark Douglas.
Unlike my main accuser, I don't write on-line articles that earn money based on number of hits, I don't write articles using charts and technical analysis to describe potential future price movement while claiming TA doesn't work and charts are useless except to point out price moves in hindsight, I don't run a business with an on-line presence, I don't constantly ask people to follow me on Twitter (I've never tweeted in my life), I don't sell anything, and I don't receive income by recommending anyone's products, services, or web sites to others.
In my opinion, the OP of this thread (and the numerous other threads he started somewhat recently) is not interested in learning about price action or any other profitable trading methodology he professes to have an interest in.
Although I can't know what his motive is, he does have his own blog and possibly uses ET to direct traffic to it. Perhaps it's the first of several small, barely noticeable steps toward "Stealth Vendordom".
What I do know for certain is that quite some time ago when the OP appeared to be struggling with his trading based on his many posts regarding an inability to "predict direction", I PM'd him on more than one occasion and offered to teach him how to trade based on the technical analysis of price action, one-on-one mentoring, and he didn't have any interest.
Unlike my main accuser, I don't write on-line articles that earn money based on number of hits, I don't write articles using charts and technical analysis to describe potential future price movement while claiming TA doesn't work and charts are useless except to point out price moves in hindsight, I don't run a business with an on-line presence, I don't constantly ask people to follow me on Twitter (I've never tweeted in my life), I don't sell anything, and I don't receive income by recommending anyone's products, services, or web sites to others.
In my opinion, the OP of this thread (and the numerous other threads he started somewhat recently) is not interested in learning about price action or any other profitable trading methodology he professes to have an interest in.
Although I can't know what his motive is, he does have his own blog and possibly uses ET to direct traffic to it. Perhaps it's the first of several small, barely noticeable steps toward "Stealth Vendordom".
What I do know for certain is that quite some time ago when the OP appeared to be struggling with his trading based on his many posts regarding an inability to "predict direction", I PM'd him on more than one occasion and offered to teach him how to trade based on the technical analysis of price action, one-on-one mentoring, and he didn't have any interest.
AGREED. If you are a technical trader, at the very least have multiple time frames. Weekly, daily, and hourly bars.
The seconds charts are a joke because they lack context, like being on a leaf of an infant tree amidst the amazon rain forest.
Weekly, daily, and hour charts are like standing on top of a mountain looking down. I am not a good trader, but at least I know you're wasting time just looking at seconds charts only.
My gosh. I feel like some of you didn't even read the first post.
Where did I say I was looking at "seconds charts only?" What posts of mine lead you to the conclusion that I was looking at seconds charts only? When I posted them I mentioned why I posted them at those particular places vs. other places.
It's not like I was vague with anything. I spelled out exactly why I was doing what I was doing.
I have to agree with NoDoji. The OP either does not want to learn, or does not have the required intelligence level to absorb new concepts and put them into practice. Unless I see posts on this thread with charts marked up with real Price Action concepts like HH, HL,, LH, LL and are based on 5, 10, 15 min or greater, I will no longer be posting here.