price action trading

[saakk]

If you can figure out what CONTEXT market is trading in you can enter any where and come out PROFITABLE. Trader don't need any signal bar's, all required is understanding of price action in that particular context, In-fact if he understand it well he can buy as low as possible and sell as high as possible. One of the TJ member uploaded some video about "FRACTALS", though i couldn't make out any thing about fractals because it included different subjects also. I did some research on fractals and suddenly it became crystal clear why PRICE ACTION works on every time frame, Fractals is "self similarity", just like NATURE; Market keeps on doing same thing over and over in every time frame, if we remove time axis there is no way to tell difference between 2 different time frames. Basically what works on 5 min will work on weekly.

 

[saakk]

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[saakk]

 

[saakk]

https://soundcloud.com/super8tab/supertab-radio-042

 

[augubhai]

Where did u exit the first long?

 

[saakk]

Bar26 (62.90) from entry bar....

 

[Aarav11]

Hey Saakk,
Suppose we have a high volume day (600 contracts) and the price bar is an up price bar with a range of suppose 50 points, next day we have a down price bar with price range 100 points but volume 33% less (400 contracts traded) than last bar. What this things says w.r.t. price action

 

[rkkarnani]

Hey Saakk,
Suppose we have a high volume day (600 contracts) and the price bar is an up price bar with a range of suppose 50 points, next day we have a down price bar with price range 100 points but volume 33% less (400 contracts traded) than last bar. What this things says w.r.t. price action

I think the Picture is incomplete !
Where are these bars formed : In an uptrend near the Top or in a Downtrend near the bottom!!?
Is the bar one making a swing high or low?
The range of 2nd is double than that of previous bar, but not clear where the High/Low are placed vis a vis the previous bar?
Is the second bar breaching any Pivots High or Low?
So best way to explain what you wish to ask is to Post a Chart?

 

[avny]

If you can figure out what CONTEXT market is trading in you can enter any where and come out PROFITABLE. Trader don't need any signal bar's, all required is understanding of price action in that particular context, In-fact if he understand it well he can buy as low as possible and sell as high as possible. One of the TJ member uploaded some video about "FRACTALS", though i couldn't make out any thing about fractals because it included different subjects also. I did some research on fractals and suddenly it became crystal clear why PRICE ACTION works on every time frame, Fractals is "self similarity", just like NATURE; Market keeps on doing same thing over and over in every time frame, if we remove time axis there is no way to tell difference between 2 different time frames. Basically what works on 5 min will work on weekly.

wonderful dear Saak

:clap::clap::clap:

 

[saakk]

wonderful dear Saak

:clap::clap::clap:

Thankx sir... you are a wonderful trader yourself.... some of your techniques resonates wit mine.... :thumb: