Why Is The Obvious Not So Obvious?

I was searching for some material and saw the question on Market Profile. I love MP and have always found it intuitive. It is not the easiest for short term trading though.
Jim Dalton wrote a couple of books and has a site on Market Profile.
He calls it Field of vision at
jdaltontrading.com

I studied with jim a great deal. He knows markets.
he can teach you to better understand them with MP, but I am not so sure he can teach you to trade.

The best Market Profile charts are with WindoTrader.

Tradernovice.com has a few listed and some intro, but WindoTrader has its own site and much more in terms of charts. There is also
some good stuff with Market Delta, and of course esignal and cqg
have Market Profile material.

I have heard Alexander trading group does MP seminars too.

Mind over markets and Markets in profile are two books with a lot of information. Again, I think MP helps understanding markets enormously, but not so much with short term trading.
 
Quote from Mysteron:

2eclrb6.png


So trend followers probably see the yellow lines, while possibly missing the actions that drive those trends. Also, not marked on the chart I see some periods of exponential recovery where price rises rapidly, then slowing as a level is approached and often followed by a retrace before continuing.

The two numbers 50.40 and 44.50 are possible high and low targets/levels for the next few days.

Thanks for putting some more meat on those bones.

Regards
The Bogan
 
From an ad for a book on trading psychology but it probably belongs here.

Have you ever considered that the problem is in your head? Maybe you’ve missed the obvious. Maybe trading success is not in methodology and trader tricks. Maybe the problem is your mindset. It’s your mindset that uses the tools of methodology and platform. Maybe you need to find the courage to challenge yourself. Force yourself to face your demons. It takes courage, but it opens the door to a new world of possibility.
 
Quote from russ1:

I was searching for some material and saw the question on Market Profile. I love MP and have always found it intuitive. It is not the easiest for short term trading though.
Jim Dalton wrote a couple of books and has a site on Market Profile.
He calls it Field of vision at
jdaltontrading.com

I studied with jim a great deal. He knows markets.
he can teach you to better understand them with MP, but I am not so sure he can teach you to trade.

The best Market Profile charts are with WindoTrader.

Tradernovice.com has a few listed and some intro, but WindoTrader has its own site and much more in terms of charts. There is also
some good stuff with Market Delta, and of course esignal and cqg
have Market Profile material.

I have heard Alexander trading group does MP seminars too.

Mind over markets and Markets in profile are two books with a lot of information. Again, I think MP helps understanding markets enormously, but not so much with short term trading.

If you want to learn about MP, there’s a gentleman on here who goes by Ammo

He uses it

He is quite helpful

And he is quite good (And the one I mentioned that I would not like trading against)

His first suggestion to you will be to hand chart what you’re trading – helps get a feel for how it moves

Really good suggestion too

========================================

Search his posts

RN
 
Quote from deaddog:

From an ad for a book on trading psychology but it probably belongs here.

DD

Have you read it..., and does it contain anything beneficial

Personally I prefer a head doc that also trades - I believe he/ she can relate to the crap floating around in my head better (some of it is admittedly weird)

But then who am I to say

RN
 
Quote from Redneck:

DD

Have you read it..., and does it contain anything beneficial

Personally I prefer a head doc that also trades - I believe he/ she can relate to the crap floating around in my head better (some of it is admittedly weird)

But then who am I to say

RN

No haven't read it. Stumbled on the ad in some of my aimless wanderings around the web. Lots of hype but available only on the web site so I took a pass.
I tend to agree with the premise though. Human emotions make this game a lot tougher than it should be.
 
Quote from Petrobras:

I love the fact people are confused, upset and looking for the holy grail of trading. This thread is 1 million pages of parables and riddles. People are drawing 10,000 lines on a chart to come up with a magical solution.

The only thing you need to be looking at is the price chart!!

PS has spoke..and it no joke
the chart u see..is where it be
but when u look..into the book
u must be know..what make it so

if u but stare..u will see glare
and think of stuff..that really tuf
but know u this..it is all piss
for time will show..when money flow:D

TO has spilt..lifted the quilt
tis easy see..as ABC:D
the trick it be..that u must see
inside minds eye..where chart will fly

now think of this..next time u piss
how much u see..where bowl do be
willy not know..where piss will go
and just one glance..might wet ur pants:D

some will seem..like lazer beam
and others fire..like busted tyre
those in haste..with no real taste
no shake will do..and wet the shoe:)

the moral u see..in case not be
is LOOK before..u shoot to score
for if u think..that in a blink
the cash will flow..then YOU are SLOW:D
 
Quote from rossky:

TO,

Is it a valid concern?
That the line may turn into a blur
Because of those who like things to stir
And I will be out so often
And risk mine will not be that small anymore...

Gents

If I were to use the term measured move

Could one of you please explain it

How to identify it

How it could be used

Thx
RN
 
Quote from Mysteron:

2eclrb6.png


So trend followers probably see the yellow lines, while possibly missing the actions that drive those trends. Also, not marked on the chart I see some periods of exponential recovery where price rises rapidly, then slowing as a level is approached and often followed by a retrace before continuing.

The two numbers 50.40 and 44.50 are possible high and low targets/levels for the next few days.

what's gone..is gone
what's here..is here
what's now..is now
what's clear..is clear

be careful when applying recent event criteria to past event criteria..as u might just be a little bit disappointed..but..do not take the word of TO..or anyone else for that matter..PROVE it to urself..and then YOU will see..

what will be..will be

TO
 
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