Marsupilami

I would focus on studying price action first, not on reading the DOM. If you can put on a trade at the weekly high/low, at an important support or resistance level, the chances of a bigger move are much higher than if you take a trade in range bound choppy market where the DOM gives you one long and short setup after another, each reversing after a few ticks. I don't look at the DOM at all since I trade FX so I might undervalue it's importance. Just wanted to let you know that you can trade very well without looking at it.

Just tell us where the room is so we can follow your grail and become rich. I wants to be rich.

To my understanding, the treaty with its stronger regulations of the financial markets would have hurt London as a financial hub, and where would Britain's economy be without its banks in London ?

Using divergence between price and classical indicators can work very well so let's not bash the method, I'm sure there are lots of members who want to see more by Do or die. I feel that market delta is way overhyped. Before market delta, it was the TRIN, the Tick, the Premium... nothing wrong with new developements but you can make money with very simple stuff.

MP levels are good areas to do business at. Signals either derived from classical technical analysis, price action or tape reading etc. work better at MP levels than in the middle of nowhere. That being said, you still have to be able to make the right decision at the MP level. So MP is only one part of the tool box.

Hi Logic, thanks for the explanation. How do you deal with choppy /range bound trading sessions ?

So, does anyone use this method profitably ? How objective is it really ? If two people used the same charting program and the same settings for the ergodic etc....would they both come up with the same entries and exits according to the rules by "Logic" ?

What room software does he use ? Can the session be recorded ?

I don't think RA is a scam. I'm pretty sure I know what he does and this stuff can work incredibly well although it is more of an art than a science and it is definitely nothing new, it is extremely basic and it can certainly work if you are an experienced trader. If you try to apply his setup mechanically, however, you will get killed. There are guys who sell the same setup (maybe with a few nuances) for much more, although they provide "lifelong" training and trade this way day in and day out along with a group of other traders. It seems to work for them although I'm pretty sure they are not trading from a yacht or a tropical island. So if RA does what I think he does, the 995 $ is definitely a fair price, imho.

Hi Karinka, I'm following his blog as well and am glad that I stumbled upon one of his posts on TL by accident. He seems to extract money from the markets with such an ease that one could think for a moment that his blog is yet another marketing trick, a site put up to attract noobs to which a course or a software could be sold later on. However, I am absolutely convinced that this isn't the case and I hope that he will keep on blogging for some time. Unfortunately, I don't have Market Delta so I cannot replicate his charting setup. Still, I'd be very interested in an in depth discussion on how to use CDV in one's trading decisions. Fulcrumtrader has been very active on TL and his posts on Market Delta seem interesting, unfortunately when it comes to applying the info to trading , he remains rather vague, I feel.

Wow, outstanding, considering you were trading just one contract each time !

Isn't the premise of Market Delta that new positions are often opened via market orders while closing of positions is often done by using stop/limit orders ? I wonder if this makes sense with regard to the behavior of the so called big/ smart money you always read about. I would assume that those participants would rather let the market come to them instead of chasing it by using "aggressive" market orders.

For what it's worth, I had important levels in the ES right at the turning points that were signaled by UB's indicator. I know too little about what he does to make a judgment...so let's see some more examples, preferably showing the whole trading session and not just the times when it worked.

Thales, can you adopt me, lol ?