Australian (ASX) Stock Market Forum

Any successful chart traders here?

One trade so far today. Gold
Although I would have had a losing trade on CL, but luckily didn't take it as I was at the Doctors!
 

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we have higher targets to reach in this upwards chop....

price is playing out with ratio moves that persist to higher pricing, thus:
xau v usd 27113.gif

higher targets, small res 1256's major test at 1272's
 
some people used to call this "flow trading" or "non-static live charting" or "price action"

haha

fashion and blancmange :D
 
When you day trade gold, while monitoring the chart/price movement, do you also monitor the Aud$/US$ chart/price movement?
 
What's all this chart rubbish on this thread.
If its to demonstrate supposedly profitable Chart trading---its doing a dismal job!

If I was thinking about trading technically Id be convinced its for nutters!
Fortunately I know better but many here DONT!
 
What's all this chart rubbish on this thread.
If its to demonstrate supposedly profitable Chart trading---its doing a dismal job!

If I was thinking about trading technically Id be convinced its for nutters!
Fortunately I know better but many here DONT!

mmm ..... technical analysis at work ....:cool:
 

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This may be of interest - public domain price action presentation form Al Brooks -

I gave a presentation at the TradersExpo in Las Vegas on November 22, 2013 on Forex scalping and many traders have asked me for a copy. I went ahead and turned it into a one hour video, which is a mini Forex trading course on scalping.

To see the video, please click on this YouTube link:
https://www.youtube.com/watch?v=lNTMUJHlvmo
 
for newcomers to ASF and young traders who are being taught orhtodox methods, i apologise for my mess

it's a mess that works for me

so, here's a study i've had running for a while that i've updated....it might suit orthodox thinking, that is, it may fit more comfortably within ones own framework

for the XJO + todays updated and active trades....these are positions inline with a method to grab a very large zone play (to the downside) and the negative aspect is that i am short-only in this while trading other things in a more hands-on, moment by moment, completely unorthodox technique.....i've screen traded since 1992

currently, volatility is low and i am reading plays correctly, this is a very good period...soon enough volatility is going to pick up and my average win/loss will come back down...reading when and where is part of my process...for me...as a trader you need to be fully cognizant of your self and your strengths and weaknesses and each part of those is by growth and reacting/planning on the run with those parts...

anyways, onto the study and the play so far for the XJO, by the charts and a simply measuring tool
what cannot be seen within the charts is intent and positioning by the other accounts on the other side of my trades.....that, is the game that a chart can only elude to as a record of business and how the auction is being used

http://www.asiaonthebid.com/showthread.php/236-XJO-other-studies?p=1010#post1010

xjo 281113.gif

a trader must back him/herself ....and these are just words on a screen..... interpretation speaks of the interpreter in ways, they themselves, may not appreciate.....

price is not boxed by method

all everyone has are...... ideas
 
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