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Some terrific responses.

Yes you are absolutely correct---All charts have a left of page and that supplies a history of participant behavior.
The right of page is what is happening BAR by BAR----every bars volume and range is important in the context of reading a chart. It may not make sense to you but to some of us it makes perfect sense.

.

The Participants on a bar to bar basis REINFORCE MY thinking or ALTER IT. How the participant come to their trading decisions doesn't concern me.

I can only speak for myself---I have no idea who the participants are (But do from time to time have my suspicions) it doesn't matter----speculation---from your seat that's the way you see it---from mine its a part of my discretionary trading method. The rest is minimization of risk and maximization of Profit---another topic.

B/L your questions I'm sure are on the tips of many tongues---thanks.

Did anyone say go short at the close of bar 6?

It was a resounding 90% 4 of 5 who at the last bar read weakness. I'm sure the break below would have seen the confirmation they needed. But again this was and still is an exercise in chart reading----I'm even more certain the would not have gone LONG!

See above.

This Chart is how I would have traded the consolidation and breakout---how anyone else would have traded it I don't know.

All here

Click to expand.

[ATTACH]58370[/ATTACH]

This did

Click to expand

[ATTACH]58371[/ATTACH]

Depends on where the last trade is closed.
Do you think I would have closed it yet?
Do you think Id have a trailing stop?
Do you think Id have closed some of the position or all?

There are many many options---how much is made is really trader based---point is though its a PROFIT!

Any more ideas on Chart 2?

<blockquote data-quote="tech/a" data-source="post: 829226" data-attributes="member: 257">Some terrific responses. Yes you are absolutely correct---All charts have a left of page and that supplies a history of participant behavior.The right of page is what is happening BAR by BAR----every bars volume and range is important in the context of reading a chart. It may not make sense to you but to some of us it makes perfect sense..The Participants on a bar to bar basis REINFORCE MY thinking or ALTER IT. How the participant come to their trading decisions doesn&#039;t concern me.I can only speak for myself---I have no idea who the participants are (But do from time to time have my suspicions) it doesn&#039;t matter----speculation---from your seat that&#039;s the way you see it---from mine its a part of my discretionary trading method. The rest is minimization of risk and maximization of Profit---another topic.B/L your questions I&#039;m sure are on the tips of many tongues---thanks.Did anyone say go short at the close of bar 6?It was a resounding 90% 4 of 5 who at the last bar read weakness. I&#039;m sure the break below would have seen the confirmation they needed. But again this was and still is an exercise in chart reading----I&#039;m even more certain the would not have gone LONG!See above.This Chart is how I would have traded the consolidation and breakout---how anyone else would have traded it I don&#039;t know.All hereClick to expand.[ATTACH]58370[/ATTACH]This didClick to expand[ATTACH]58371[/ATTACH]Depends on where the last trade is closed.Do you think I would have closed it yet?Do you think Id have a trailing stop?Do you think Id have closed some of the position or all?There are many many options---how much is made is really trader based---point is though its a PROFIT!Any more ideas on Chart 2?</blockquote>

[QUOTE="tech/a, post: 829226, member: 257"] [B][COLOR="#FF0000"]Some terrific responses.[/COLOR][/B] Yes you are absolutely correct---All charts have a left of page and that supplies a history of participant behavior. The right of page is what is happening BAR by BAR----[B]every[/B] bars volume and range is important in the context of reading a chart. It may not make sense to you but to some of us it makes perfect sense. . The Participants on a bar to bar basis [B]REINFORCE MY[/B] thinking or [B]ALTER IT.[/B] How the participant come to their trading decisions doesn't concern me. I can only speak for myself---I have no idea who the participants are (But do from time to time have my suspicions) it doesn't matter----speculation---from your seat that's the way you see it---from mine its a part of my discretionary trading method. The rest is minimization of risk and maximization of Profit---another topic. [B]B/L[/B] your questions I'm sure are on the tips of many tongues---thanks. [B]Did anyone say go short at the close of bar 6?[/B] It was a resounding 90% 4 of 5 who at the last bar read weakness. I'm sure the break below would have seen the confirmation they needed. But again this was and still is an exercise in chart reading----[B]I'm even more certain the would not have gone LONG![/B] See above. [B]This Chart[/B] is how I would have traded the consolidation and breakout---how anyone else would have traded it I don't know. All here [B]Click to expand[/B]. [ATTACH]58370.vB[/ATTACH] This did [B]Click to expand[/B] [ATTACH]58371.vB[/ATTACH] Depends on where the last trade is closed. Do you think I would have closed it yet? Do you think Id have a trailing stop? Do you think Id have closed some of the position or all? There are many many options---how much is made is really trader based---point is though[B] its a PROFIT![/B] [B][COLOR="#FF0000"]Any more ideas on Chart 2?[/COLOR][/B] [/QUOTE]

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