price action trading

[augubhai]

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

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

Excellent.... :clap:

we just need to deal with one view of the market...

http://en.wikipedia.org/wiki/Blind_men_and_an_elephant

and saakk, if u r super confused about the market, then maybe u have understood that we are blind men trying to understand the elephant

 

[saakk]

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[saakk]

https://soundcloud.com/morganpage/morgan-page-in-the-air-101

 

[DanPickUp]

Hi Saak

As you are in price action, thought I quickly do this post. First screenshot is the actual S&P Mini 500 and the second screenshot is a buy recommendation from All Brooks with more or less the same setup. Compare it. Very interesting.

http://tinypic.com/view.php?pic=1zx39k7&s=5#.UlVgRnC0Ouo

http://tinypic.com/view.php?pic=28wp4cp&s=5#.UlVhZHC0Ouo

Take care / DanPickUp

 

[saakk]

Hi Saak

As you are in price action, thought I quickly do this post. First screenshot is the actual S&P Mini 500 and the second screenshot is a buy recommendation from All Brooks with more or less the same setup. Compare it. Very interesting.

http://tinypic.com/view.php?pic=1zx39k7&s=5#.UlVgRnC0Ouo

http://tinypic.com/view.php?pic=28wp4cp&s=5#.UlVhZHC0Ouo

Take care / DanPickUp

:thumb::thumb::thumb::thumb::thumb:

 

[DanPickUp]

:thumb::thumb::thumb::thumb::thumb:

But at the moment it is a sell. Will see if I have the time to explain later. :thumb:

 

[saakk]

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Even i don't see a buy (SPY chart), But in the end i am his follower, let see..

But at the moment it is a sell. Will see if I have the time to explain later. :thumb:

 

[saakk]

EXPERIENCE is something we get through our 5 SENSES (Touch,See,Smell,Hear,Taste) just like computer has keyboard/mouse for input, I have read somewhere (do not remember) for complete experience; it should get felt by ALL SENSES (SEX) otherwise it is partial. How can i apply it to LEARN TRADING??????????????? For example (Newbie):- A TIP given on news channel and one he figures out HIMSELF.... which will have more effect on HIM????????

 

[saakk]

https://soundcloud.com/edmt9/gareth-emery-the-gareth-emery-gareth-emery-podcast-255-07-10-2013

 

[toocool]

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can you please explain , RR has to trade remark? i didnt get it at all