Thinking about it perhaps paper charts may well be a good place to start trading.

Can you learn to trade from books?

I began trading when the only way to gain an insight too trading was via books. The internet had not been invented at that time. My first book was Murphys Technical Analysis of the Futures Market. It gives a great overall view of technical analysis ...

Can you learn to trade from books?

OK, some fibs. the chart is a 30sec chart of AUDUSD today's price action. Please understand I shall not be explaining my unconventional method of using fibs again. A whole thread is devoted to this topic. Please read it and experiment. url I chose ...

Trend- what is it?

A good question as a general rule I start with the weekly and work down the time frames. I guess like most people do. Though recently I have begun to question myself as to this approach, the price is price irrespective of time. A longer time frame ...

Trend- what is it?

Glad you were able to amuse yourself, nobody is forcing you to even read the thread let alone use anything from the thread. Your cynicism about giving back I find mildly offensive but it takes all sorts to make a world.

Trend- what is it?

Then pls enlighten everybody with your definition

Trend- what is it?

Then it is already in the thread Regards Nut

Trend- what is it?

Thank you

Trend- what is it?

I simply don,t use a plan. It is not possible for me to know what a market will do in the future, indeed where will life itself take me. To have aspiration is terrific and plans can be built around aspiration but is the aspiration itself realistic. ...

Trend- what is it?

Basically, I agree but I visualize it in terms of what the big dogs are doing particularly in forex and futures markets. If markets are going up the big boys are taking shorts onboard and vice versa. Therefore they must square their books in the ...

Trend- what is it?

The lines are the highest/lowest swing in a given time period and can act as either support or resistance. For a 60min chart I like to know where the daily trend is sitting so I use 60 min * 24bars. If I use a 1min then I use 1min * 60, however I ...

Trend- what is it?

My trading plan has always been very simple, don't get involved with trading plans focus on trading. My money management is equally simple, use say 1% of the account and don't change it. When the account has grown sufficiently use 1% of your ...

Trend- what is it?

Hi there Perhaps the attachment may help this was the method employed by Wykcoff though he mainly used point and figure charts it works just as well with candles. At a bottom, he called this price action a spring and at a top an upthrust. These are ...

Trend- what is it?

Thanks for the reply and for the time and effort you put into it. I agree with much of what you say but this thread is an attempt to help those just starting out or those who like myself posses limited mathematical/statistical knowledge they may, ...

Trend- what is it?