Why Is The Obvious Not So Obvious?

[Traderz]

Imagine if trying to learn how read was the same as trying to learn what needs to be done to become a profitable trader. At a young age children are sent down a structured path ie. educational system and mentored over time. Most become fluent and literate.

Now compare that to aspiring traders. No structured path. In most cases they are completely on their own with multiple paths/dead ends to choose from and as many charlatans eagerly lurking around every corner. In other words mass confusion and distractions await them. Any wonder why more than 99% fail?

The average peasant doesn't stand a chance against an entire industry that relies on (promotes) misinformation and ignorance. They would be crazy to risk large amounts before knowing what needs to be done, if ever obviously.

Now for the 1%, how did they get to where they are. That's an interesting subject.

 

[Vindago]

it's not that big..Asus zenbook..have to check..it is the resolution that matters..just double click on any chart to make full screen..quickly able to shift from BIG picture to SMALL picture..very handy..i have to set this up on my PC setup..as this is the layout that is REQUIRED..i have tried and tested many different layouts over the years..and this is by far the best..want to guess why?

Well, I guess it would be useful to have a whole spectrum view of what is happening.

That would allow a trader to do what need to be done when, and only when, the right sign at the right time is sounded

 

[Pelt]

the hourly is better than the 4 hour on this setup..

..what i am saying is the exact same as the difference between an Art Expert examining a painting..and a Gobshite looking at it..the former will see the meaning in the artist's painting..while the Gobshite will just see the "lovely colors" painted by the artist !!!

btw..the EUR.USD is NOT the ES/MES..in the same way that..a Van Gogh is not a Caravaggio !!

What you have suggested, you are saying the chART interpretation on the ES is not the same as the E/U.

Does this require a different set of bar intervals? For example, if you were trading the E/U, would you use the same set of bar intervals as you showed in your chart(M1,M5,M10,M30,H1,D1,W1,Monthly)?

MP

 

[M4-1]

What you have suggested, you are saying the chART interpretation on the ES is not the same as the E/U.

Does this require a different set of bar intervals? For example, if you were trading the E/U, would you use the same set of bar intervals as you showed in your chart(M1,M5,M10,M30,H1,D1,W1,Monthly)?

MP

not exactly..it is Obvious that the reaction to the NY stock exchange Open is not the same on Eur.Usd as it is on ES..as the Eur.Usd is not an index future !

however..no matter WHAT you trade..the MTF analysis should still be used..as it enables you to easily spot the major and minor S&R levels..which..it should be blatantly obvious at this stage..are what give you the LRT opportunities..

so..in relation to that..then yes..a chart is a chart is a chart..but..a Van Gogh is not a Caravaggio..comprendez vous

 

[M4-1]

this is really simple stuff..which is exactly why it works..hell..it even works on Bitcoin..but.. knowing this will really not change anything for most..why..simple..because common sense is not that common..

u see..i have explained how the MES can easily be used to make some money..and more importantly..hold on to it..but most reading this will just read it and move on to the next "discussion about everything".. it is so predictable..which is exactly why..the obvious..is not so obvious

 

[M4-1]

final adjustments..as it was a while since i looked at it on my laptop..now complete !

click..click

 

[M4-1]

oooppp's..now complete !

 

[M4-1]

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[M4-1]

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[Ed48]

M4-1

Do you know nysestocks, or maybe you are nysestocks? Or are you another member of TFF?

How certain are you that your understanding of the "obvious" is the same as what nysestocks was alluding to in the opening post?

Thanks!
Ed