Archive for May, 2008
Monday, May 19th, 2008
Market Profile Terminolgy
Baz’s question made me realise that the section of Nature of Trends involving Market Profile will not mean much to anyone not familiar with the method. So, tonight I’ll outline some key ideas from the Steidlmayer Distribution i.e. the second stage Market Profile that involved distribution patterns of no fixed periods. The original Market Profile […]
7 Comments » - Posted in Written Plan by ray
Friday, May 16th, 2008
ES 05-14-2008 III
Yesterday we laid the theoretical foundations for the analysis of May 14’s price action. Today we’ll start on the recap of my trade journal.
I provided the context in “ES 05-14-2008 Video (http://tradingsuccess.com/blog/es-05-14-2008-346.html). So, let’s start the blog with the first snapshot I took - the one I took during the ‘B’ period (Figure 1). At […]
6 Comments » - Posted in Written Plan by ray
Friday, May 16th, 2008
ANNOUNCEMENT 05-16-2008
On Saturday May 24 at 10:30 PM EST, I’ll be holding a webinar on the methods I derived from the Psychology of Intelligence Analysis. The webinar will go for about 90 minutes.
There is no cost but it would be best if you have read the Nature of Trends.
I have 4 seats on a first come […]
2 Comments » - Posted in Generic Success by ray
Thursday, May 15th, 2008
ES 05-14-2008 II
I thought a nice way to round off this series would be to show how I use Market Profile and Market Delta to enter position trades. The same approach can be used to day trade; indeed, when trades don’t work out, that’s what my entries become.
I decided that the best format to do this […]
5 Comments » - Posted in Written Plan by ray
Wednesday, May 14th, 2008
ES 05-14-2008 (Video)
I received an e-mail asking, among other things, that I post an example of my analysis process. Here is a general outline. I opted for a video rather than a written example.
http://www.tradingsuccess.com/download/140508/140508.html
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6 Comments » - Posted in Written Plan by ray
Tuesday, May 13th, 2008
A Lament
In my travels as an educator, it saddens me to see so many fail despite working hard. But trading requires that we work SMART and HARD not just that we put in some sort of effort.
There are many, of course, who are looking for the ‘way to make a million that requires no effort, no […]
5 Comments » - Posted in Miscellaneous, Psychology by ray
Monday, May 12th, 2008
FREE STUFF!
I have added to the blog two give-aways:
Notice the ‘Free Stuff’ menu item. Click on it (Figure 1)
You’ll see the full series by Paul Levine on MIDAS and a video showing how I calculate the Barros Swings. (Figure 2)
FIGURE 1
FIGURE 2
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