Happyguy

Brown, I agree with you that it is your right to share whatever amount of your trading methodology. From reading your posts, I think you have shared a lot with us already. Therefore, there is definitely no pressure for you to disclose any more details. However, if you choose to share, I think it shoud be in the public forum areas for all interested members to see and learn. I find it obnoxoius the suggestion by some member that you should only disclose your method in the 'premium members' sections only. Just think of this: if you want to donate some money to do some social good, you would not give the money to Bill Gate or Warren buffet, would you ? Once again, you are doing a good job, Pleasse keep it up and i am sure that a lot of members will agree with me that we are learning heaps from your postings.

I have read this book twice and found it very helpful in understanding market development. The few trading strategies outlined in the book are still being tested by me at this stage. Definitely a must read for anyone using Market Profile to trade.

Thanks Soul for that insight !Good trades!

Hi Guys, From the pic of your stations shown, are you all using labtop as your main machine to trade?

Yes, it is one of the must read book for all traders. The other book I find very valuable is "MARKET WIZARDS' by Jack Schwartz (?).

Hi Soul, Thanks for a great video. I have been looking at this pattern too. My question is where would one initiate the long position ? On the first low or the second test low ?

Yes, I believe that most traders have done that. Thats why to be a successful trader requires one to be very discipline by strictly following our rules and not to trade when there is no set up. It is not easy to overcome the urge to trade when bored but it can and must be done !

I believe the method of getting in and exiting is a function of each person's trading methodology and his personality.I always enter all in one go. I had tried to exit by scaling out but I find that most often, I end up earning less points than if iI had exited all in one go. When I reviewed my trades, I discovered that the first price level that i scaled out was too early an exit for the way i trade. This is why the total points made in 'one' exit is greater than the scaling out exit.

Hi Tingull, Thank you for sharing your charts. I have a question on the box you drawn: How do you determine where to draw the box? Is it depending on the thickness of the volume chart on the right ?

Hi Soul, What do you mean by 'multi-pivot (your upper resistance line ? The video is great. Thanks .

This is the way i look at the day's market: I use yesterday's 'value area' and the profile (high, low, single prints etc) as a potential support or resistance; I use today's profile development to determine the likely type of day it is going to be and an estimate of the day's range. This is useful for deciding types of trade and the profit target.

Hi Soultrader, Why the use of 600 ticks chart? Is this equal to a 5 minutes chart ? Thanks, great video

Hey Soul, I agree with your excellent insight. If anyone has to ask someone's opinion before buying or selling a stock, the trade is doomed from the start.

I see this happens very often on S & P e-mini. It can be a sucker play for the novice. This is the main reason that we can not use the figures in the order book to judge the supply or demand.

Is there any similar indicator for esignal ?