EV? To me EV is an electric vehicle.Speculating in the financial markets is an extremely poor use of your time & resources. It's far easier, cheaper and higher EV to invest in learning a useful skill, or starting a real business.
EV? To me EV is an electric vehicle.Speculating in the financial markets is an extremely poor use of your time & resources. It's far easier, cheaper and higher EV to invest in learning a useful skill, or starting a real business.
Order flow can't be gambling, order flow and imbalance is what move the market during the day.Orderflow/Footprint (Axia Futures/Michael Dalton/Trader Dale) - My opinion is using orderflow alone to trade is extremely hard(Still feel like gambling), but it is quite useful for indicator/trade confirmation/SR.
Your usage of EV is?EV? To me EV is an electric vehicle.
I definitely agree, the order flow method show a clear picture of the auctioning process which is what essentially moving the market. However, when I tried use only footprint chart to trade, I find myself focusing on bar by bar action and often ignore the "big picture". Also I find footprint tool perform real good in trending market, range days, not so much.(But I do admit I suck at trading ranges, and I believe I'm not the only one either) LOLOrder flow can't be gambling, order flow and imbalance is what move the market during the day.
Your usage of EV is?
Learn to use bookmap/market depth history.I definitely agree, the order flow method show a clear picture of the auctioning process which is what essentially moving the market. However, when I tried use only footprint chart to trade, I find myself focusing on bar by bar action and often ignore the "big picture". Also I find footprint tool perform real good in trending market, range days, not so much.(But I do admit I suck at trading ranges, and I believe I'm not the only one either) LOL
WOW. Thank you. Will definitely give Bob Volman's book a look. The website you shared just WOW. It's definitely humbling to know that I still have a lot more to learn, thank you for giving me a good starting point.Concerning your pursuit of studying price action.
I found all of Bob Volman's books on Price Action
leaps and bounds above the extensive verbiage
inside Al Brooks material. Your eyes are your #1
tool in price action and you'll need to actively
spend time reviewing hundreds of charts.
Bob Volman provides 20 times more charts
compared to Mr Brooks, with very easy
to understand lanquage.
Bulkowski also has an excellent source for learning price action.
https://thepatternsite.com/
To Your trading success.
Speculating in the financial markets is an extremely poor use of your time & resources. It's far easier, cheaper and higher EV to invest in learning a useful skill, or starting a real business.
Another common usage is enterprise value when evaluating stocks.Expected value.