price action trading

[toocool]

Interesting similarities between those two periods.

where has your sensex similarity chart gone ? it was there last night right?

 

[saakk]

Fear and loathing in Las Vegas (GOA)

https://soundcloud.com/enhanced/enhanced-sessions-episode-211

 

[saakk]

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[saakk]

http://www.youtube.com/watch?v=8GEebx72-qs&feature=etp-pd-n05-40

http://www.youtube.com/watch?v=HsAracLBCxI

 

[saakk]

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[saakk]

Ok i am super confuse what market (nifty) gona do, spend almost 6 hours wit one chart still couldn't make sense out of it, some say it will go down, some say it will go up bla bla bla........... :lol: but but but in the end market is the king and being objective will rule over being subjective, market will do what market wants to do. Some one said technical/sechnical will not work and news is far more imp. but even for a news/FA trader he/she has to buy/sell to to capitalize, point is if you have position in market and you are oon wrong side what you gona do and what are the effects of IT............?????????????

I FEEL, At present market is at VANTAGE point, from here it can see everything all the bullish/bearish (WORLD NEWS).... How does it matter what i feel???

Cheers........................

 

[toocool]

Ok i am super confuse what market (nifty) gona do, spend almost 6 hours wit one chart still couldn't make sense out of it, some say it will go down, some say it will go up bla bla bla........... :lol: but but but in the end market is the king and being objective will rule over being subjective, market will do what market wants to do. Some one said technical/sechnical will not work and news is far more imp. but even for a news/FA trader he/she has to buy/sell to to capitalize, point is if you have position in market and you are oon wrong side what you gona do and what are the effects of IT............?????????????

I FEEL, At present market is at VANTAGE point, from here it can see everything all the bullish/bearish (WORLD NEWS).... How does it matter what i feel???

Cheers........................

What is the use of the system if you have to know what is markets going to do next?

You don't need to know what market have in future, you just have to master a trading style which guides you about what to do, long, short, stop loss, stay away........ And that's about it

 

[saakk]

What is the use of the system if you have to know what is markets going to do next?

You don't need to know what market have in future, you just have to master a trading style which guides you about what to do, long, short, stop loss, stay away........ And that's about it

Wish i had the market UNDERSTANDING like you........... :thumb:

 

[toocool]

Wish i had the market UNDERSTANDING like you........... :thumb:

brother keep things simple , just have a properly backtested system or trading strategy and keep following the strategy , it will surely make money , without any need of knowing what markets is gonna do next .

the strategy will automatically will keep you ahead of the markets , backtesting is for that purpose only , if its profitable , that means it has already been ahead of the markets ...........right? if it was behind the markets it will show loss .........knowing and telling what markets will do is for blue channel analyst and not for a trader , a trader if doesnt have any view about markets is in his best state of mind , he will only follow his system because he will have no other choice , and some times its good that you dont have many choices in life ............as its good in a traders life

best of luck

 

[Stock trendy]

If any one who can make rs.250 in a day out of rs. 5000 investment
is one of the most successful business out come..
Ambanie's may envy u
5% return in a day..that is very huge..