A new Life, A new Career, A new Dream - I am a Trader

Taiki

Well-Known Member
Hello 403,

Thanks you for sharing your journey and experience so far, your post is saying much about your dedication, and hats off to that.

Well, few words were bothering me while reading your post. It will be helpful if you can explain them more with your understanding. Check the words in bold.

1. Take only long trades in uptrend and short trades in downtrend or trade both sides .

2. Mr.Smart_trade's EOM bar made me to think.Then focused on market depth

And yes Mr Smart_Trade's effort for educating traders is just wonderful and all appreciation will fall short for that. Like some one told him as a Trading Encyclopaedia. :)

Regards
Taiki
 

Taiki

Well-Known Member
Taiki,

Can you pls send me the link for EOM bar and Market Depth ?

TIA.
Sorry Jagan bro, I asked these two points as I want to learn about them, I have little knowledge on the word Market Depth. I guess EOM bar means End of the Month bar (monthly bar) and googling about market depth now. :confused:
 
Hello 403,

Thanks you for sharing your journey and experience so far, your post is saying much about your dedication, and hats off to that.

Well, few words were bothering me while reading your post. It will be helpful if you can explain them more with your understanding. Check the words in bold.

1. Take only long trades in uptrend and short trades in downtrend or trade both sides .

2. Mr.Smart_trade's EOM bar made me to think.Then focused on market depth

And yes Mr Smart_Trade's effort for educating traders is just wonderful and all appreciation will fall short for that. Like some one told him as a Trading Encyclopaedia. :)

Regards
Taiki
=======================

Dear Taiki,

1) Trade both sides - I assume Rally and Decline.
(You can read about this in Mr.Smart_trade's one of the posts,in his threads.I think it is in the first thread)

2) EOM Bar - End Of The Move bar - In Swift, we exit the trade when we have a bar with huge volume. We can easily notice the EOM in market depth,if we have practice. People find this is very stressful.

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jagankris

Well-Known Member
=======================

Dear Taiki,

1) Trade both sides - I assume Rally and Decline

2) EOM Bar - End Of The Move bar - In Swift, we exit the trade when we have a bar with huge volume. We can easily notice the EOM in market depth,if we have practice. People find this is very stressful.

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

Dear Forbidden,

EOM Bar - Trend Exhaustion bar ???
Lengthy bar with huge volume ? - volume climax.
Every one have their won terms and hence confusing :).

But where comes the depth of the market ?
Forbidden could you explain more about this in detail ?

Thanks in advance.
 
Dear Forbidden,

EOM Bar - Trend Exhaustion bar ???
Lengthy bar with huge volume ? - volume climax.
Every one have their won terms and hence confusing :).

But where comes the depth of the market ?
Forbidden could you explain more about this in detail ?

Thanks in advance.
=====================
Dear Jagankris,

Can you explain in simple terms, how price is changing direction? and why ?
I know you can tell me very detailed. But my understanding is very limited and still a stupid.

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Sorry Jagan bro, I asked these two points as I want to learn about them, I have little knowledge on the word Market Depth. I guess EOM bar means End of the Month bar (monthly bar) and googling about market depth now. :confused:
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Dear Taiki,

This is how a detailed DOM - Depth of the market looks like. Please, don't worry about these things.

http://img708.imageshack.us/img708/92/vw3.png

I am sorry,if I troubled you with something else.
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Taiki

Well-Known Member