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If a candle stick is not price what is it?
do get to pedantic or into somantics!
h,l,o,c are they not prices?
Kind regards
Stephen
Michael Ferguson wrote:
> This sounds pretty good, I am tired of looking at indicators. So, do you
> trade off of a quote sheet? Cause price is not a bar, or candlestick, or x
> and o, or line. Price is a number, and charts are indicators. What is the
> technique for trading price action? I know someone who actually does it, but
> I don't understand how he does it. Will you explain it?
>
> Thanks,
>
> Michael
>
> > and if you want my opinion ... forget indicators as price action discounts
> > everything!! learn to interpret price action. why have an indicator
> > interpret for you? this is a thinking man's game. think for yourself!
> > don't let indicators think for you. you have hundreds of indicators today
> > which didn't exist years ago. then why aren't more traders doing better
> than
> > the traders of the past? because most traders don't want to learn ...
> > because most traders are not passionate about what they do ... because
> most
> > traders are only after the money, and they are not in pursuit of
> excellence.
> > most traders just want some indicator to tell them buy, sell, buy, sell.
> > well if that's the case then give your money to a fund manager and he'll
> do
> > the same for you without you having to wake up at 5 am everyday (i live in
> > PST). forget indicators. most indicators only tell you what has already
> > taken place, and then it's too late. leading indicators tell you what may
> > take place, and that is dangerous as it leaves you with an opinion ...
> which
> > i don't think a trader should ever have. however, price action tells you
> > what is taking place here and now. so i will leave you with that ...
> price
> > ation discounts everything!! learn to understand price action and how to
> > read charts. this is the art, discipline and psychological aspect of
> > trading. most only master the science of trading. -sonny sarkissian-
> >
>
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