Thanks for the welcoming, Mike! When these two kinds of support/resistance bar happen, they scare me. Let me tell you why.. It's because of many times they have had two consecutive lows after eachother, so I thought I'd put a sell order UNDER the ...

james16 Chart Thread

Nice chart!!! Thanks for that one.. Is the purple small line where you would have entered long? Do you enter immediately after the close of the candle or on pullback? Isn't a entry after a close very aggressive trading? Also one other thing, around ...

james16 Chart Thread

Allright well thanks for that! I'll take a look at more of these and will read the entire tread.. So see you guys in this end of the thread in a couple of years, unless I have a question or two Yes I thought it was a tweezers. But if it isn't ...

james16 Chart Thread

Thanks for the respond pinbar! I'm referring to the 'two consecutive lows' that are in the first page of this thread. There are two consecutive lows after a downtrend (so it's following a trend) but where should one put entry, sl etc? What I've read ...

james16 Chart Thread

Hi there, I just started reading the thread and I am of the opinion that it is a very valuable thread so I will read the entire one. However, just in the beginning, I stumbled upon a couple of things that were confusing to me and hopefully someone ...

james16 Chart Thread

I actually did understand a bit of it, and the reason for me starting this post "that I couldn't even formulate properly" is because I wanted to understand the whole bit. You see that what appears to you is not of value, it is the underlying ...

The concept of "trend" which I cannot grasp

Ah! That sounds good then I will continue to read. Btw, you have a PM!

The concept of "trend" which I cannot grasp

You know what, I'll eat it, and see for myself that it is not good. And by that I gain experience. So please, Nietzsche, I really don't care about your 10+ vouches, please do contribute. And yes, I do know about the fact that much of the info on ...

The concept of "trend" which I cannot grasp

Hey, yeah I've been reading the finest trend trading thread and it started perfectly. I loved the way he started explaining everything and then it abruptly ended. Then he started talking about indicators. I would love to find a thread that explains ...

The concept of "trend" which I cannot grasp

1. Everything regarding trading is what I would like to hear. The philosophical bits are not of my interest though. So if that is what you are trying to say than fine with me, don't tell me. And yes I do believe I am open-minded. I do also believe ...

The concept of "trend" which I cannot grasp

Yes obviously I do agree, and I am not trying to defend anyone. However what I am saying is that if it works for them; then let them preach about it. This thread is anyway about trading without indicators, so I didn't even look at that post. How ...

The concept of "trend" which I cannot grasp

Sorry? I would say that whatever works for the person doing the trade is correct. Since there is nothing more or less right when WINNING a trade. So if someone thinks MA is the best, let them play with it and let us hope that they make money.

The concept of "trend" which I cannot grasp

FINALLY SOMEONE THAT AGREES! What I am not understading is this concept of UPTREND is higher lows and higher highs. But to know this, is impossible. You can only "know this" in hindsight as you see it! But now you have to explain to me, what you ...

The concept of "trend" which I cannot grasp

Thanks emerald that's good information. Earlier I read about MACD divergences but said to myself from the beginning that indicators wasn't my cup of tea. Now, you say that this low/support (that was circled on the right) was higher than the last ...

The concept of "trend" which I cannot grasp

Sounds very good and let me tell you that I am very much willing to do my homework. It is only the fact that I've been studying for approx. a year now and still isn't poriftable. And let me tell you that school is not a problem for me, so I study ...

The concept of "trend" which I cannot grasp

That's a very informative reply, thank you very much. So I've been meaning to study some MACD divergences now to see how price action unfolds using these divergences. However, I would like to ask, you say you don't use divergence but how did you ...

The concept of "trend" which I cannot grasp

Allright that's good information aswell, looking at higher timeframes. But let me ask you something, if this is catch a falling knife (while I thought I was only continuing the trend) then what is continuing a trend? Could someone please show a ...

The concept of "trend" which I cannot grasp

PERFECT respond! This makes it all clearer, however, the part about "there is no such thing as trend" perhaps needs more explanation to me because as a novice, it is the bread and butter to start with, or atleast that's what they tell us. You say ...

The concept of "trend" which I cannot grasp

No problem man, hopefully you will correct me soon or help me find my path so we'll both be helping eachother. Okay sounds interesting and good luck! Thanks but I believe that humans follow "rules" and are constructed as eachother and therefore ...

The concept of "trend" which I cannot grasp

Thanks for the respond! The question is not about the candlesticks indicating a change, it is rather about the "flow" of the market which I don't understand. And also you are incorrect, it is NOT a bearish pin bar. The candles body is very big in ...

The concept of "trend" which I cannot grasp