Thanks Bilal. The reason I'm asking is because I'm on the wrong time zone (or should I say the perfect time) for day trading the London and first half of NY as it clashes with my 9 to 5 (UTC+02:00). I have been looking at other sessions but from ...

The brutal truth of day trading

Bilal, roughly how many hours (on average) you spent per day glued to the screen during those trades?

The brutal truth of day trading

The 3 candles/bars can mean 1 candle/bar to another trader or not even a bar/candle for a trader who doesn't use a time based chart. Price can still be traded efficiently on those 3 candles.

The brutal truth of day trading

The imbalance you see on price bar or candle is an assumption and not conclusive. You still need volume to conclude that indeed there is an imbalance.

The brutal truth of day trading

Sorry about the loss. The quarters, semi-finals and the final were easy to predict this year. Viva Italia!!!! Thank you Italy for saving us from the big mouths.

The brutal truth of day trading

He is kind of irritating because he knows nothing about the Wyckoff (judging from his examples). He is like someone who opposes the Word Of God and selectively extracts from the Bible. In one of his recent videos, "If I had to restart again as a ...

The brutal truth of day trading

Well that shows the arrogance of Michael (the "self-proclaimed god" of the markets). Wyckoff didn't have access to computer data back in his days - he had to work with manual records. Comparing himself to Wyckoff is just madness.

The brutal truth of day trading

It seems he commented about an area that he knows less about. Josh raised some valid points.

The brutal truth of day trading

" Volume is the major indicator for the professional trader. You have to ask yourself why the members of the self-regulated Exchanges around the world like to keep true volume information away from you as far as possible. The reason is because they ...

The brutal truth of day trading

It is basically what you already know from Price Action point of view. This is taken from a footprint chart that is more like what RickM is using. This is a way of looking at Price Action from a volume point of view to understand why price returns ...

1M Price Action System

Rotation and Resistance become Support where there are Buy Stops... Edit: This can be seen on BOS, Mitigation Block and Breaker Block. (Footprint images)

1M Price Action System

Just to add on point a. Tom Williams says: "Why play around with the prices? Well, the market-makers want to trap as many traders as possible into poor positions. An extra bonus for them includes catching stop-loss orders, which is a lucrative ...

1M Price Action System

Thanks. You too man! You can download Master the Markets by Tom Williams for some good reading. He explained it better. Link: url

1M Price Action System

On the first question when you see a wide spread and high volume on an up bar it is not always a sign of weakness. You have look at the context. For example when you see divergence and a break of structure on an uptrend it does not always mean that ...

1M Price Action System

I can say firstly one of the things about the Wyckoff is that one should not be mechanical when viewing the markets - in other words you should not have a system that says if this then this (like in computer programming). The market doesn't work ...

1M Price Action System

According to Tom Williams' VSA the sign of strength is in the down bars. This goes hand-in-hand with the Order Block concept. However once you see such climax you also want to see the testing (not all the time but the smart money will tell you when ...

1M Price Action System

I like what you shared in the other thread. It goes with what I'm presently studying and practicing (a combination of the BOS and concepts that are in this thread and the Wyckoff VSA). Your entries are as if you know VSA.

1M Price Action System

Here's ICT's definition of a Bullish Orderblock: The Lowest Candle or Price Bar with a Down Close that has the most range between Open to Close and is near a “Support” level. Vice versa for Bearish Order Block. In terms of the definition the Black ...

1M Price Action System

I am wondering why 1 minute as the concepts are also applicable in the HTF (and that is where my focus is on as day-trading is not okay for me). Also is it really PA? Most of the concepts used are not PA.

1M Price Action System

I wonder if there is a need of posting the exact same (copy and paste) message he (Peter) posted in the other thread.

Price action at the core = family members' discussion project