zone5282 (December 31, 1969 at 6:59 pm)

Well, as I explain to clients, each futures instrument is different in the extent to which indicators are predictive. Also, the world of scalping is dynamic. In the hands of an experienced trader; however, the profits can be quite consistent and considerable. Trading on these timescales requires both aggressive offense, as well as judicious defense. Your mileage will vary, as they used to say...

mrkjens (December 31, 1969 at 6:59 pm)

Sorry about the non-sense I said above, perhaps we are at fault by not understanding what evolution is. Can I just ask if you are consistently profitable with this? Thanks

zone5282 (December 31, 1969 at 6:59 pm)

Well, like anything, you need to get used to a different type of charting in order to express accumulation and distribution patterns in trading. This is very different from Candlesticks, which have everything to do with price, and nothing to do with accumulation and distribution (COT). There are auxiliary charts which allow for more detail to be viewed, of course; these are just the main charts.

mrkjens (December 31, 1969 at 6:59 pm)

The crapiest charts I have ever seen, honestly! Are you blind or something?

vinicio24 (December 31, 1969 at 6:59 pm)

nice vid..i learned something new

zone5282 (December 31, 1969 at 6:59 pm)

Candles relate only to price changes, whether price rises or falls. It says nothing, and knows nothing about whether accumulation or distribution are taking place. Candles look only at price movement.

zone5282 (December 31, 1969 at 6:59 pm)

Well, I'll allow your comment, but candlesticks don't tell you much, in my professional opinion. I certainly don't want to argue about it, but if all you know are candlesticks, and your trading is OK, then there's no reason to change...

larrygt1 (December 31, 1969 at 6:59 pm)

Well then answer this what is a green candle and what is a red candle isnt that accumilation and distribution buyers and sellers right. support and resistance when you are at a price level wheres theres 10 buyers and 2 sellers what has to happen to price it has to go up when price returns to that area again guess what its returning into and area where demand exceeds supply so its likely to rise again. That how i trade and it could be on anytime frame.

zone5282 (December 31, 1969 at 6:59 pm)

Well, we're probably working on different timescales. The point of these charts is to show accumulation and distribution; and you don't get that from candles or price alone.

larrygt1 (December 31, 1969 at 6:59 pm)

what the fuck kind of chart is this dude you only need price to trade you dont need all this garbage to trade the market market makers can be seen on on candle sticks when there out of balance on support and resistance due to order flow and i trade futures on a 5 min charts and all i use is pure price there is no magic input. knowing were support and resistance is establish is key beacuse thats were institutional orders are