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BlowFish

Balance Trader Video Blog

By BlowFish, in Market Profile

Recommended Posts

dandxg    10

dandxg
Posted
There is a series of video blogs on MP over at http://my.wallst.net/referral/fbutera101/Blogs might be of interest. I'd be interested what the MP pros thought. I think I concidered his course at some time....don't remember for sure.

 

 

Usual disclaimer ...I have no affiliation....do your own due diligence, hell I don't even use MP :)

 

 

I am definitely no pro, but I am a member of his site. If I wasn't so immersed into price and volume via Wyckoff and VSA I would still be with him. He is a good guy and good teacher.

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Kiwi    16

Kiwi
Posted

Yes. I bought the course because it was cheap and some of the guys I was trading with were using MP. It's a nice sound way of trading and I use it to give me my primary read on direction and where a trade is likely to go. I have rules for entry, management and exit within his framework.

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MC    10

MC
Posted
Yes. I bought the course because it was cheap and some of the guys I was trading with were using MP. It's a nice sound way of trading and I use it to give me my primary read on direction and where a trade is likely to go. I have rules for entry, management and exit within his framework.

 

Could you PM me a link or any info you can share on the course. I'm just getting started with MP and am gathering all the insight I can from TL and elsewhere. :)

 

Thanks

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Kiwi    16

Kiwi
Posted

I've been asked by a couple of people about more info on Frank's approach. I can't really give it without giving away what he's doing so, because he's charging very little for it, I don't feel I can do it.

 

For me its just a nice way of using profile concepts to get a better read on trend and non-trending conditions. But it also includes some sound setups. I originally went through his material and thought "that's nice, but my approach doesn't need it" and put it aside; but more recently added it to my approach because it gives a cleaner read on the real trends of the day than my mas were by themselves.

 

Its not anything big if you already have support and resistance etc but it can complement your existing knowledge (as I found with the Trend Dynamics material).

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zakariawaiz    10

zakariawaiz
Posted
Yes. I bought the course because it was cheap and some of the guys I was trading with were using MP. It's a nice sound way of trading and I use it to give me my primary read on direction and where a trade is likely to go. I have rules for entry, management and exit within his framework.

 

i bought the course. Now i want to know , in balancetrade chat room, he give any buy or sell signal .Is it helpful.

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