price action trading

[saakk]

There is a CONFUSION when trader EXPECTATION is not align wit the current market trend, Trader keep on having a BIAS which is atleast partly opposite of current status of market. It is TRADER who has to ALIGN wit the market not the other way around.

 

[saakk]

 

[saakk]

 

[saakk]

"My best advice to any one who wants to trade is to work on and learn how to understand simple price movement. Learn to read it and learn to interpret what it is saying" JOE ROSS

 

[saakk]

 

[saakk]

Dear Saakk

As i am in learning phase of price action. I am uploading my todays experiance on Nifty-I Future (3 Min) chart. Please comment for further improvement or any guideline from seniors.

Thanks in advance

http://imageshack.com/a/img837/2091/88eg.jpg

You are doing great buddy, you need more understanding of PA so spend more and more time wit your trading TF EAT-SLEEP-BREATHE wit it, cut down your trades to only 2, after 2 trades close your trading software but stay wit market till it close. After market analyze what you did, why you did.... Learn to listen the market....

http://priceactiontradingsystem.com/the-keys-to-learning-price-action-day-trading/

 

[saakk]

 

[augubhai]

About gaps, but a statistical view ---> http://www.thegapguy.com/

(Posting bcos i saw gaps marked on ur chart)

 

[saakk]

 

[saakk]

The Final Swindle Of Private American Wealth Has Begun

I began writing analysis on the macro-economic situation of the American financial structure back in 2006, and in the eight years since, I have seen an undeniably steady trend of fiscal decline.

I have never had any doubt that the U.S. economy as we know it was headed for total and catastrophic collapse, the only question was when, exactly, the final trigger event would occur. As I have pointed out in the past, economic implosion is a process. It grows over time, like the ice shelf on a mountain developing into a potential avalanche. It is easy to shrug off the danger because the visible destruction is not immediate, it is latent; but when the avalanche finally begins, it is far too late for most people to escape…

http://www.zerohedge.com/news/2014-02-06/final-swindle-private-american-wealth-has-begun