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Not sure what is going on, but it doesn't seem like my indicators are plotting the same as your chart. I have posted one to take a look.
2009.03.08 THE DRAINING CONTINUES...
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The question is who does not own TRADING IN THE ZONE?
Also the book entitled TRADING CHAOS has a very nice section on psychology...ignore the idiocy in the last half of the book.
Also the book entitled TRADING CHAOS has a very nice section on psychology...ignore the idiocy in the last half of the book.
TheRumpledOne wrote:"TRO- I am confused on both of these charts? It looks like you are taking a trade on this current candle here that also marks the #3 semafor. But couldn't the current bar just as easily go up and push the semafor higher? Seems like I am missing something. Unfortunately I had a trade like this tonight on the mini dow and as soon as the price came down to the short trigger the candle pushed up and created a higher semafor.'
THIS IS TRADING.. ANYTHING CAN HAPPEN!!
Of course, any time I enter a trade price could go against me. What you are missing is the correct mindset. Listen to MARK DOUGLAS.
MP3: http://www.4shared.com/dir/6465636/9a01 ... aring.html
VIDEO: http://www.4shared.com/file/96740657/22 ... arket.html
- TheRumpledOne
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The stopping volume indicator seems to give a clear signal when combined with the 3 Level ZZ Semafor on the M5 chart. The entry was when the candle turned white.
NO MERCY!!
Update: There was more gas in the tank...
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
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You know what would really be a good addon to the volume based trading here? A price action indicator. By any chance TRO, have you programmed one? This would be very interesting and a combination of indications of volume and price action would be a very strong matchup. I have seen a few of price action indicators on FF but I was a little sceptical since a "shooting star" did not really look perfectly like a shooting star.
thanks
thanks
- TheRumpledOne
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