Wash the car. Wax on. Wax off. Sometimes in the beginning you don't understand why you are being taught or made to do things a certain way. Hence the stories and parables to frame your mind into a way of thinking and looking at things. Then adding ...

Stating The Obvious and The Quest For Wisdom

It's true.

Stating The Obvious and The Quest For Wisdom

When their stops don't get tripped?

Stating The Obvious and The Quest For Wisdom

I liked the parables. Scorpion and the Turtle, etc, etc.

Stating The Obvious and The Quest For Wisdom

Thanks for making me use a dictionary when you post. I agree with you Mr. Bemac there comes a time to actually take action and do it with real money on the line.

james16 Chart Thread

It only works if you are a big bank and have a central bank there to bail you out when you get in trouble so you can play again.

james16 Chart Thread

You've never struck me as the type to BS someone, so a statement like that carry's weight. Hmmm...

Can you suggest a good book?

I'm just waiting for someone to ask if there is an EA for this...

Stating The Obvious and The Quest For Wisdom

I didn't get the impression that was the issue.

Stating The Obvious and The Quest For Wisdom

I know man, I know what you mean.

Stating The Obvious and The Quest For Wisdom

this book? Trading with DiNapoli Levels: The Practical Application of Fibonacci Analysis to Investment Markets (Hardcover) Looks like the cheapest one is $110 used and new ones are $250+! .

Can you suggest a good book?

I was thinking on the 1hr chart you have a double IB setup at swing high. So folks that play the break of the IB's short would have their stops on the other side of the IB (as most are taught). So now you let price drop and the buyers jump in BIG ...

Stating The Obvious and The Quest For Wisdom

yeah, the market feels alive with participants vs. just looking at bars on a chart.

Stating The Obvious and The Quest For Wisdom

Oanda's IFR title: Eur/usd: sellers ahead of 1.38 cap - but short getting nervous @ 2:49:00 PM now says NO NEWS FOUND. It had text in there a few minutes ago.

Stating The Obvious and The Quest For Wisdom

Looks like all the "invisibles' showed up.

Stating The Obvious and The Quest For Wisdom

I see a Bearish outside bar at a swing high (not a great swing high) before that PINBAR. So can they (players) create that to make people go short and the reverse it on the shorts to trap them so they exit with buys?

Stating The Obvious and The Quest For Wisdom

IFR says barriers at 1.38 How they know, I don't know.

Stating The Obvious and The Quest For Wisdom

Fibonacci Analysis (Bloomberg Market Essentials) by Constance M. Brown Fibonacci Trading: How to Master the Time and Price Advantage by Carolyn Boroden I have these books in my 'wish list' but have not read them. If you look them up maybe you can ...

Can you suggest a good book?

I believe he was referring to Market Profile.

Stating The Obvious and The Quest For Wisdom