that is correct.
but you can infer the larger time frames, from one time frame without ever changing the time frame.
Welcome, my friend to the show, that never ends.
Trading the ES live-the Brooks way
- Thread starter padutrader
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but you can infer the larger time frames, from one time frame without ever changing the time frame.
Welcome, my friend to the show, that never ends.
no but you can see further from standing on the shoulder of others than decide where you want to go
Stop following ANYONE! Oy!
it is touching bars is it not?
i got a demo account in 2004
i read my first book in 1987
and i am happy where i am at and where i am going.
you only call me a failure because i told you i was .
that i was losing money for 20 years.
Randomly blurting out quotes does not prove how smart you are not to mention how good or bad of a trader you are. There are plenty of people with twitter feeds who put out smart quotes on trading but can't trade.
Trading is work. It's doing gruelling study of charts, looking at lots of information, assimilating that information, drawing conclusions, then questioning those conclusions.
It's not sitting at your computer and posting silly stuff, reading stuff at random with no intention of ever applying it, and demo trading without a plan. Like so many traders you think eventually by osmosis, looking at charts and reading other traders, you're going to be profitable. 20 years has not done it for you.
Either start doing the work or find something better to occupy your time with. Life is too short. I know, it takes a lot of guts to give up on something that you wasted a lot of time on, but as you seem to have no intention of doing the work required, save yourself from living an illusion.
Padu, I have a business idea for you. 
Have you noticed how popular your thread is ???
Why don’t you start charging people money to read your posts, and use the additional income to offset your losses?
You could even open a live trading room and charge people to watch you trade ES live-the Brooks way
Have you noticed how popular your thread is ???
Why don’t you start charging people money to read your posts, and use the additional income to offset your losses?
You could even open a live trading room and charge people to watch you trade ES live-the Brooks way
you can draw trend lines randomly because a trend line is subjective which means that different subjects [persons!] draw them differently.
Give a scalpel to some one and they will all cut in a different place.it is subjective tool.
but a subjective toll in the hands of a experienced practitioner becomes a very powerful tool
Give a scalpel to some one and they will all cut in a different place.it is subjective tool.
but a subjective toll in the hands of a experienced practitioner becomes a very powerful tool
Padu each trading day has 78 5 minute bars. If you click through each bar for an average of 3 seconds, you can look through a day's session in just 4 minutes. With 12 hours of work you'd be through 180 trading days in one pass. I bet if you just took a few days to do two passes of 6 months of market data, you'd learn a lot more than doing what you're doing now. At least you'd start asking yourself the right questions.
But I'll bet anything that in a week or so you would not have invested such time. Instead you'd be back to the same game.
'Cause you are looking for comfort and don't want to do WORK. WORK is what gets you PAID. We are in this business to get PAID. Not to pay others...
But I'll bet anything that in a week or so you would not have invested such time. Instead you'd be back to the same game.
'Cause you are looking for comfort and don't want to do WORK. WORK is what gets you PAID. We are in this business to get PAID. Not to pay others...