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FVelarde
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Everything posted by FVelarde
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I would like to thank you for your input.
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Blowfish: I have been considering purchasing the Trend Dynamics course. The reason I became aware of it is because its concepts are mentioned in a book called "The Nature of Trends" written by Ray Barros. I reading his book, Mr. Barros apparently uses the Trend Dynamics concepts extensively, that I find interesting and make sense according to the Wyckoff techniques I have been studying and applying for several years. My questions are these: (1) Would you recommend the course to someone that is interested in amplifying his understanding of price action, without conflicting with the Wyckoff methodology that I currently use? (2) And, in your opinion are the concepts as taught in the course, tried and proven? and do they reflect a realistic model describing how price action truly works and unfolds, or is it just another methodology that will lead a trader down the wrong path? I would greatly appreciate your sincere answer and advice.
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Urma:
I read your comments about Market Profile and It is evident you have a tremendous amount of experience with MP, but you mention that you have moved on as a result of newer analytical tools.
I would appreciate it if you could advise me if:
1) Is Market Profile still relevant or has it been replaced by more sophisticated and more predictive methods?
2) If you still recommend Market Profile, what educational resources or vendors would you recommend that incorporate some of the latest developments and techniques in their MP, that have have overcome the shortfalls the original market profile program experienced.
3) Regarding some other newer more accurate indicators that you are now utilizing. If they are not proprietary, I would appreciate it if you could tell me where I might be able to purchase or find some of these indicators.
Best Regards,
FVelarde