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Higher Edge within a Single Candlestick

Excellent stuff and this is what Soros calls reflexivity, which is a concept in the social sciences more generally. The implication is that trading skill is related to social skills, in the sense of anticipating group behaviour. I recall ...

Higher Edge within a Single Candlestick

No, sir, you don't make money from the coin flips, but the principle works in the markets because adjacent flips/changes are correlated. Differently put, markets tend to form trends, whereas random coin-flips don't.

Higher Edge within a Single Candlestick

Sublime, isn't it?

Higher Edge within a Single Candlestick

Agreed, but then, on public forums, people (including myself) are very reluctant to share the subtler secrets of their trading edge. So it ends up being somebody teaching in general terms, and others being appreciative students, or malevolent ...

Higher Edge within a Single Candlestick

It's a sad fact. And those who, with the best of intentions, try to teach something end up either adored or lambasted, but never listened to. While those who cannot make the game work for themselves end up attacking the apparently successful. Online ...

Higher Edge within a Single Candlestick

Aww, this is interesting. Could you possibly teach me something? How about you start a thread with the aim of sharing the nuggets of trading wisdom, and I chip in if I have anything to add?

Higher Edge within a Single Candlestick

I didn't fake anything, or said anything misleading - I just gave a low estimate of what's possible to earn from day-trading based on my own records, And you came out in full force with sarcasm and animosity. And I'm grateful to Wachturm for telling ...

Higher Edge within a Single Candlestick

Oh, it's just that I've found you attacking seemingly successful traders over and over again, including myself, with no apparent aim of learning from your tirades. Not being able to eke out a living from the markets is nothing to be ashamed of, but ...

Higher Edge within a Single Candlestick

d_t, this one is for you:

Higher Edge within a Single Candlestick

Microsoft OneNote for me. Allows for saving high-resolution images that I then can view on my phone or iPad.

Dax - Daily analysis and Discussion

I shorted at 40 but closed at BE when she didn't continue down. She may just want to go kiss SMA100 on 100 tick goodbye before leaving.

Dax - Daily analysis and Discussion

I'm with you there. I'm looking at SMA100 on the 100 tick chart, which is a reliable support in trends. It has carried the journey up so far today and yesterday, but is now breaking. As you say, a lower high might be a nice opportunity.

Dax - Daily analysis and Discussion

It is quite clear from studying the charts that I am not the only one looking at SMA50 and SMA100, with bands, on the hourly and the daily. There is plenty of evidence for that. For example, the high of Thursday last week was at exactly the hourly ...

Dax - Daily analysis and Discussion

Good afternoon, Captain Thank you for analysis. While the direction currently is up, one may note that DAX is above her 50 period, downward sloping, Bollinger band on the daily, and that both SMA100 and SMA50 are pointing down.

Dax - Daily analysis and Discussion

And sometimes exhaustion...

Dax - Daily analysis and Discussion

As expected. 50 period Bollinger bands on the hourly make for good targets.

Dax - Daily analysis and Discussion

On the same topic of a long-term short, one may notice that there have been weekly pullbacks once in July and once in August, and today such a pullback completed for September. So this could be the calm before the storm.

Dax - Daily analysis and Discussion

And here's another way of looking at it. Good enough for a long-term short from above 12200.

Dax - Daily analysis and Discussion

Very true, and I say that from personal experience. Habits don't change unless one makes the effort to create new habits, and one needs to consult the best of knowledge on psychology to do so. I'm less keen on Brett S however. What has worked better ...

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