I have made my points and that is what I believe.

Charts, time frames and indicators! Oh My!

The order book is information ahead of price, I don't know enough about tape reading without looking at the order book, I wouldn't class that as technical trading though.

Charts, time frames and indicators! Oh My!

Tape reading to me is trading using the order book as well as the last few ticks and trading the orderflow.

Charts, time frames and indicators! Oh My!

First a bit of a preamble to frame what I am going to talk about. I believe that the high percentage of traders fail because they have no edge. No amount of money management, discipline or psychology will turn a losing trader into a winning trader, ...

Charts, time frames and indicators! Oh My!

Thanks, I am about to watch this url and then to bed, will try and post tomorrow, but have a day with my kids tomorrow so probably tomorrow night. Hope that is ok. Mark

Charts, time frames and indicators! Oh My!

I think there are lots of ways to make money in the markets, they are not easy to find though, there isn't one Holy Grail, there are many edges and you have to find one and execute it to the maximum potential, and that requires some time to measure ...

The Market Explained by candle sticks and price action

Yeah that's my opinion, I'm may be wrong but that's how I view it.

The Market Explained by candle sticks and price action

I mean no thread has proven TA works, over the long term the distribution will tend to 50/50, unless you combine it with some other information not seen in the charts.

The Market Explained by candle sticks and price action

None.

The Market Explained by candle sticks and price action

Technical Analysis is based on probabilities based on the historical price patterns. But the whole premise is wrong, price isn't moved by patterns, so over the long run any trading based on TA will revert to 50/50 add the spread and you will lose ...

Selecting a currency pair to tade with......

Pin bars can be extremely profitable

is james16 really a successful trader?

If you are driving down a bendy road, will you try and predict the future direction by looking out the rear view mirror? If the road is straight (trend) then this might work for a while, but in the end everyone will crash. I only use charts to ...

The Market Explained by candle sticks and price action

You said the only way to make money was capturing longer moves, what does this have to do with it? Just because Larry Williams says noobs should start on longer TFs?

How to trade on a monthly TF?

Sorry but that is utter crap, there are plenty of traders making shitloads from capturing small movements with big positions. In fact its the best way to grow your account quickly.

How to trade on a monthly TF?

If you use proper MM and monthly TF size stops then you'll be 200 by the time you make decent money.

How to trade on a monthly TF?

Does it? In my view TA is useless it's like driving while looking out of the rear view mirror.

Selecting a currency pair to tade with......

You need to have big account and be patient.

How to trade on a monthly TF?

I agree, great post.

The Market Explained by candle sticks and price action

No, it just requires finding a quirk in the system and exploiting it over and over.

is it difficult to profit 5%~10%every month?