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The Really Useless Thread

Stratosphere? Hardly. We haven't even cleared the supply created last Friday.

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Technical? We've been consolidating and basing for the last two days.

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Charvo, I would like to put my two cents in here about this, but would appreciate If's insight into this as well, as I agree, but at the same time, there is still the ability to create an edge with S/D. I mentioned a few posts ago that my average ...

ReadtheMarket - Supply and Demand with Price Action

Another observation that I can couple with my previous trading knowledge. Most of you should have noticed by now whom have played in the S/D world is the stair stepping behavior of price. That is to say, those constant higher lows that present ...

ReadtheMarket - Supply and Demand with Price Action

Gotcha. I have S/D ingrained in my head so deep these days that I do not think I will be able to ignore it. I've always been a by-the-numbers trader, so this may be why things seem to have worked out for me. I swing between a 40-70% accuracy ...

ReadtheMarket - Supply and Demand with Price Action

One thing I always found interesting about red... is that rarely was much explained. It was just charts, upon charts, upon charts. Tons of information that was laid out right in front of us. All we had to do was look and study.

ReadtheMarket - Supply and Demand with Price Action

I would just like to point out that while I have noticed others have replied to this... I feel like there is a serious communication barrier here. As you will note from my posts, I am in the discovery phase of flag limits at this point. I made a ...

ReadtheMarket - Supply and Demand with Price Action

Well what do you expect. Higher fat content makes us more buoyant.

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I think it would be best if If explained this... or linked to the article. I am still working my mind through what exactly these are. Previously, I would see them and trade them as untested decision areas (supply consumption and break above or ...

ReadtheMarket - Supply and Demand with Price Action

Good Stuff If. And within the context of supply / demand, it is still super easy to apply money management to this. Do you focus strictly on flag limits now?

ReadtheMarket - Supply and Demand with Price Action

Another flag limit. This stuff is silly.

ReadtheMarket - Supply and Demand with Price Action

I'm not sure why... but I knew that about the beaver. LOL... Just consumed a fabulous Vanilla Bean Porter! Yummies. image

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As evidenced here: url

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This is why risk/reward is so important to me. Yes, if I have a play go bad on the H4/Daily, for instance, I will be looking at around (depending on PA and time frame) anywhere from a 30 - 150 pip loss. That will absolutely devastate those 100 pips ...

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My trading improved 3 fold when I got off of the 5m/15m. If you do play those lower time frames, you just have to know how to handle them and have the personality for them. There is no holding. It's jump in and jump out... going for 10-30 pips at a ...

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I am. 3895 (30 pip risk)...Target 1(3825 for 70 reward) and whereever else it wants to go... H4 play. I fully expect to be stopped out at BE at this point. Not moving much at all. Aussie, Cable all fell par the course... Fibre is just fecking around ...

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Alright, I have to take advantage of this beautiful day out (59* feels like summer! Woot!) Going to get a run in...

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You got it. I've been meaning to do some dabbling myself in futures... price seems very consistent there as well. I've been eye balling ETF's for swing trading as well in the commodity world. FAS/FAZ TNA/TZA are sets of pairs to watch.

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For me its the constant inconsistency in movement between the days. Sometimes we spend weeks at the same area, only to blast off a direction in a single day to continue spending the next few weeks at the same spot. She hasn't had a proper ebb in ...

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