General Trading Chat

can anyone help me with afl
 

pareshR

Well-Known Member
Weekend food for thought

“Most traders take a good system and destroy it by trying to make it into a perfect system.” – Robert Prechter
Technical Indicators are the mathematical derivatives of price and volume. Some of them are derived from other indicators. They represent the undercurrent force of the price movements. That is rate of change of price momentum indicating its positive force or the negative force

Every indicator is more relevant in certain markets and in certain times. But none is relevant in all the markets and at all the times.

The only thing that matters most is PRICE. Price is most important and most relevant in all the markets and at all the time.
 

XRAY27

Well-Known Member
Technical Indicators are the mathematical derivatives of price and volume. Some of them are derived from other indicators. They represent the undercurrent force of the price movements. That is rate of change of price momentum indicating its positive force or the negative force

Every indicator is more relevant in certain markets and in certain times. But none is relevant in all the markets and at all the times.

The only thing that matters most is PRICE. Price is most important and most relevant in all the markets and at all the time.
Trading price action is just another trading strategy. It certainly is not the Holy Grail and no easy way to get rich quick. But by being aware of weaknesses and avoiding the pitfalls of price action trading it will turn into awesome weapon for trading. In the end, it doesn't matter if you trade pure price action concepts or use indicators, but it comes down to knowing your trading tools and testing them to find ways that will give you an edge in trading,well i find my self comfortable with Price and Volume..

Volume makes Price irrelevant many times, end result is traps :lol::lol: unless we gain knowledge on volume and zones, PA is half knowledge..my 2 cents..;)
 

Snake.Head

Well-Known Member
Trading price action is just another trading strategy. It certainly is not the Holy Grail and no easy way to get rich quick. But by being aware of weaknesses and avoiding the pitfalls of price action trading it will turn into awesome weapon for trading. In the end, it doesn't matter if you trade pure price action concepts or use indicators, but it comes down to knowing your trading tools and testing them to find ways that will give you an edge in trading,well i find my self comfortable with Price and Volume..

Volume makes Price irrelevant many times, end result is traps :lol::lol: unless we gain knowledge on volume and zones, PA is half knowledge..my 2 cents..;)
Second to that,but i have't touch vol with price action
I use al brooks method of price action.
To add that price action required lot of focus and concentration that why it not easy.
 

vivektrader

In persuit of financial independence.
Second to that,but i have't touch vol with price action
I use al brooks method of price action.
To add that price action required lot of focus and concentration that why it not easy.
I have read your beautiful thread on Al Brooks, sad that there is not much activity now in that thread:(
 

iwillwin

Well-Known Member
How is this 3 hour free training organized by online trading academy for sharekan customers ...
Any review... Is it worth attending for someone learning technical analysis
 

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