You seem highly consistent in your overall strategy of jumping from one strategy to another. Thats just my observation, I am unclear on how I can offer helpful advice since you have not made your goals or intentions known.

When do I switch from one strategy to another?

'Price' has no intention, market participants do. Therefore a more appropriate way of phrasing your statement would be: A great number of accounts are positioned by retail traders to sustain the greatest financial damage from price movement.

Does it make sense to think of price movement in this way?

You are half-way to making a decent point. If you aspire to be a trader/speculator it helps to study the ways of the greatest traders/speculators. People on FF are adept at depriving themselves of the knowledge of such people instead choosing to ...

I plan to quit forex!

You are confusing what most people term as 'price momentum' with your very specific prescription of how you believe markets work.

Does it make sense to think of price movement in this way?

Oh sorry, I thought you were referring to the 15 month bar. My sincere apologies my dear intraday trader. If you are trading the 15 minute chart then you have to concentrate on the past 7 bars as well as the nearest fibonacci confluence as well as ...

Finding Resistance and Support on 15M

At least 10 years.

Finding Resistance and Support on 15M

- Enjoying a good book. - Posting on FF. - Watching TV. - Exercise. Profitability comes from sitting pat while allowing winners to continue winning. This may be extremely boring so be sure to have a long list of things to occupy your time.

What habits make your trading profitable?

The reasons for price action are complex. Trading price action is simple. Its the same difference as wanting to understand fluid dynamics and surfing a wave. Yup, those kinds of people are all over this place. Beats me. I guess its the same ...

I plan to quit forex!

People who argue about randomness usually use the term to refer to uncertainty and unpredictability (and they would be right to believe this about markets). However, if we phrase 'randomness' to mean that markets have no systematic components then ...

I plan to quit forex!

Yeah ok... The needlessly long exposition on the 'random system' was so that I could steer the discussion towards the random walk theory which most people cynical about profitable trading tacitly subscribe to. The doom and gloomers tend to fall into ...

I plan to quit forex!

Thank you for sharing your process. A system than randomly enters and exits the market risking a fixed percentage of the account each time would more than likely give you breakeven results over the long run (less transaction costs). Perhaps you ...

I plan to quit forex!

Sir, I think I found the problem. Good trading systems tend to be so simple you could fit their rules on the back of an envelope.

I plan to quit forex!

A lot of bluster, but I am flattered. There are certainly many negative examples useful for learning what not to do.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Just go read the actual book, its pretty good. It also gives the impression that Livermore was everything but how you described him. Anyway, thanks for reminding me to stay away from inaccurate abridged versions.

Most valuauable books for understanding the logic of markets?

You just typed paragraph after paragraph all to chase an argument that was never made because you couldn't read a simple sentence. Astounding.

Technicals Vs. Fundamentals?

Those statements literally do not imply that he was an action junky. 'Action junky' connotes seeking action for the sake of excitement or entertainment. Livermore studied his approach and he knew the risk he was taking. Putting on a large position ...

Most valuauable books for understanding the logic of markets?

"I know for a fact that there are many macro traders who base their decisions heavily on fundamentals (a few less after the SNB event)." Meaning 1: SNB event made macro traders ditch fundamental analysis. Meaning 2: SNB event reduced the number of ...

Technicals Vs. Fundamentals?

*Scratches head* Nothing about Livermore characterizes him as an action junky. All his plays, even when he was really young, were characterized by very meticulous study and an almost inhuman indifference to monetary losses. His backruptcies ...

Most valuauable books for understanding the logic of markets?

You kind of missed the point. The point being that global macro funds loss big during the SNB move. url url =\

Technicals Vs. Fundamentals?

Looking at the average FF poster, probably since never... Much to their detriment. If you're good at guessing, sure.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest