Why Is The Obvious Not So Obvious?

[M4-1]

you can't draw a box without 2 reference points !

might be a buy coming up ?

well???

 

[M4-1]

now..if u went long what are u going to do next ?

 

[M4-1]

do u see the issues..i do..it can catch you every time..unless you (???)

 

[M4-1]

what do you think about this..the law professor

 

[M4-1]

btw..if u trade on ur phone u have to be able to place an order without changing screens..so..either trade directly from chart with live feed..or just route your order to your broker using live charts from other vendor..

 

[M4-1]

u see..most idiots think that calling a trade right means you know something..well..as the law professor says.."you will never get the right answer"

if you fail to do your homework..you will fail in class..when u are in class you must make notes as the professor talks..u must think ahead of what he is talking about..and..more important..u must SPEAK up when you are asked..otherwise..u will never get the top grade..

this last paragraph has everything to do with trading..as RN would say..

"go figure"

 

[Pelt]

what do you think about this..the law professor

"I call on you, I ask you a question, and you answer it... Why not just give you a lecture? Through my questions, you learn to teach yourselves. ... Question, answer, question answer..."

Is there a reason you are looking at the big and the micro at the same time, but on different bar intervals?

 

[M4-1]

"I call on you, I ask you a question, and you answer it... Why not just give you a lecture? Through my questions, you learn to teach yourselves. ... Question, answer, question answer..."

Is there a reason you are looking at the big and the micro at the same time, but on different bar intervals?

it is all the same thing..is it not!

if you listen to the likes of Mr Brooks..he will tell you "bar by bar"..if you listen to the likes of Mr Calhoun..he will tell you "cup and handle"..if you listen to the likes of M3..he will tell you "the only thing i know is that i really know nothing "

this is where the market you trade is important..u cannot trade the ES the same way as u trade Soybeans..or Bitcoin..or FX for that matter..why..simple..

'Mr Pelt..why can you not trade all markets the same way"

 

[Pelt]

do u see the issues..i do..it can catch you every time..unless you (???)

BLARIR ?

 

[Pelt]

this is where the market you trade is important..u cannot trade the ES the same way as u trade Soybeans..or Bitcoin..or FX for that matter..why..simple..

'Mr Pelt..why can you not trade all markets the same way"

Because they serve different purposes.


E.g....
FX is an exchange of currency, it exists to swap currencies. It's value doesn't change much...

Indexes are stores-of-value. They are a function of an economy, which must go up or we are all rightly fooked. It's value is generally UP.

BUt I dunno, I'm really an idiot.