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Old 10-18-2006, 07:10 AM
namstrader namstrader is offline
namstrader is trying to be Peaceful and Powerful

 
Join Date: Sep 2006
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Re: The Markets Said "Oops"

Soultrader,

Thanks for your explanation of using the gap chart for MP. I am going to change my MP charts to the gap session and use the 24 hr. session with another chart not using MP, to be able to observe these prior areas of S/R. John Carter's book was very useful concerning the Gap trade, and with MP a even better understanding of value and price behavior seems possible now.

Traders Laboratory is the place to be now for me and other forums offer so much less for my education. I am a pivot and Market Profile trader with market internals now. Using indicators only, gave me no reference points or a road map as to other timeframe buyers and seller involvement and where and when, and especially seeing targets now.

I have always had tight stops and tight profits for the pennies and nickels based on fearful trading. When I can begin to trust, I will learn to hold for the gold because of understanding better where the professional levels are.

Keep up the great work James

namstrader

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