"price action, swings and sense"

[godfather]

re: "price action, swings and sense"

The purpose of human brain is to make sense out of its surrounding to construct a reality. Same thing applies in trading for a trader like george soros or a trader wit 10000 in his trading account, unless he can make sense out of it he will not hold his position good or bad doesn't matter. Every buy and sell is a perception out of current context of what is happening in economy, so if a big trader is wrong with his understanding wit current context he has to liquidate or reverse his position which will effect market & will lead to sudden spikes. The point is there is a reason why humans can see such a narrow spectrum of light or hear a narrow band of frequency. Imagin if human can see AIR and all the dust mites in it and hear them, it will lead to total chaos...

Nice Thread bro...

Nice lines about perception of mind under different context :thumb:

 

[saakk]

re: "price action, swings and sense"

 

[saakk]

re: "price action, swings and sense"

 

[Snake.Head]

re: "price action, swings and sense"

saakk What time-frame is that...
What i read is price action is best suited with lower time-frame ?

 

[saakk]

re: "price action, swings and sense"

saakk What time-frame is that...
What i read is price action is best suited with lower time-frame ?

Its 5 min, and PA is valid on every tf, if you remove the time and price stamps you cant tell the difference. The importance of candle increases as we move to higher tf, for example: interpretation of REVERSAL BAR is exactly the same on every tf but importance of that information is far more on weekly then 5 min.

 

[saakk]

re: "price action, swings and sense"

 

[saakk]

re: "price action, swings and sense"

Just like trader has a SL for a trade, There should be TRADING SL (numbers of trades) for the day.

 

[saakk]

re: "price action, swings and sense"

 

[praveen taneja]

re: "price action, swings and sense"

run started in small cap and mid cap thats why large cap and nifty showing sideways bro

 

[saakk]

re: "price action, swings and sense"

run started in small cap and mid cap thats why large cap and nifty showing sideways bro

Absolutely Praveen bhai, but question still remains............. what will happen on monday?????