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BrandonLG83

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Everything posted by BrandonLG83

  1. BrandonLG83
    Excellent review for a excellent book!
  2. BrandonLG83
    I thank you both for your help. Great video dogpile. I'll have to watch it again because it was a little over my head but very informative stuff. And thanks again SoulTrader. I just love this site and I'm following your Market Profile thread very closely. Keep up the great work!
  3. BrandonLG83
    Hey, thanks. I actually read the old '80s Steidlmayer book first. Now I'm working my way through Mind Over Markets for my second time. I already have the new updated Steidlmayer book waiting to read, but from the few quick glances I've taken so far, it doesn't seem to be all that different from the first, but I'll read it anyways. After I finish that, do you recommend I pick up Markets in Profile, or is that just a reiteration of what the above mentioned books teach? I appreciate your help, Brandon
  4. BrandonLG83
    Thanks for the reply. I think I'm getting this now, but when you say grade it on how big the tail is, would a longer tail be considered stronger conviction or weaker? The fog is slowly being wiped away for me as the book says and I appreciate you guys baring with me here. I misworded this. I really just meant that price did not trade through to the other side of the open in E period. I really haven't gotten a sense of how price would have moved within the profile. I couldn't tell if the E period price started above the open, traded down, tested, then moved away or if E started at the open then moved up from there. But from your post, I gather that it did indeed start above the open, tested, then move away, so that answers another question that I was kind of wondering. I appreciate your help.
  5. BrandonLG83
    Hey, thanks for the welcome Rock. Sorry my response is a bit delayed. It seems my Reply Alert emails were going to my spam folder. Got it worked out now though.
  6. BrandonLG83
    Thanks SoulTrader. It's starting to make sense now. It's more about the level of conviction that separates the two types. Thanks for the charts very helpful.
  7. BrandonLG83
    I've been studying the book, Mind Over Markets, and I'm having trouble discerning between the Open-Test-Drive type of open and the Open-Rejection-Reverse. On page 66 is an example of the Open-Test-Drive open. It shows that in the E period, price traded right to the opening price then stopped. On page 69 is an example of the Open-Rejection-Reverse. I see that in the Z period, price traded all the way through the opening. I, at first, concluded that the fact that one was unable to traded completely through the open and the other was able to, that this distinguished the two typed from each other. However, on page 75, where it shows the summary of each, it shows that neither type trade through the open. From the last example, I really see no difference between the two except the Open-Rejection-Reverse has a longer selling tail. I know I'm missing something, so could someone please help shed some light on this for me? Thanks in advance, Brandon
  8. BrandonLG83
    Hey folks, just wanted to introduce myself really quick: My name is Brandon I'm a 24-year-old Econ and Finance student and trader in training. I've traded stocks and Forex with minimal success, and now have my sights set on futures. I've been a lurker on the forum till now, just absorbing all I can from everything I can find. This forum has been a been a wonderful source of knowledge, and is doing a great job of keeping me on track. Much thanks to you all. Brandon
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