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That One Guy

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Everything posted by That One Guy

  1. Okay, quick question about market internals for the indexes. Is there really any edge on watching market internals? I mean, can't one just learn pure price action and volume analysis? I feel like watching internals along with charts, is almost giving me analysis paralysis. If anyone has experience in this field any advice would be much appreciated. Thanks in adavance
  2. Chinese Google!! Please tell me you picked this one up? I watched this thing for a while. Just need to be very careful because the range on this stock is crazy. Depending on how the markets act from here this thing may see some more upside. Either way good luck man.
  3. Yes, I have noticed the ticks to be a good confirming indicator at times. Sometimes you will even see divergences in the tick reading and price. I read somewhere(maybe on this website) that just because you see an extreme tick reading, its not time to fade. Sometimes you will see several extreme reading in a row which will confirm a short term trend in price.
  4. I used this indicator, but it plots several divergences, depending on the time frame. I noticed, sometimes price will near a key level and then show buying divergence, but on very low volume. Price will then rise a small amount and then sell off further. If you use this indicator make sure you watch the volume or the tape. Just my 2 cents.
  5. Been using the free trial for the last few days. It's interesting hearing the big guys are buying and selling at certain levels. Like a few days ago, the commentator kept saying the locals were stuck short and needed to cover. The big guys were buying and the market rallied quite a bit.
  6. I purchased his course and it's pretty good. If you have enough capital to day trade stocks go for it. He just finds stocks with momentum and watches for early range breakouts and uses time and sales for entries. He also watches market internals and futures. I fell short on the capital requirement for stocks so I went elsewhere for trading opportunities. Even if his videos are simulated trading, he still applies the strategy from the course and it seems to work. I emailed him and he stressed the use of time and sales.
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