You lost your mind!? My quotes and arguments about trading | Traders Hideout


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You lost your mind!? My quotes and arguments about trading

  #7 (permalink)

Russia
 
 
Posts: 5 since Apr 2017
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matthew28 View Post
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So somebody selling the channel top took a small loss when it made a new high. Then price failed to break away but came back to the top of the channel, consolidated, and then they could have entered when it broke through with a target, as they were trading the channel, at the other side of the channel.
Result: 1 small loss, 1 win about twice the size.
Are you suggesting 'market makers' always win? How does picking out one example of a loss on a chart prove that all or any of the things you mention don't work. I tend to agree in that I think for shorter term trading order flow becomes much more important and useful to be aware of, but for longer term trading I think traditional technical analysis of charts is probably going to be of more help.

OK

On the history of trading is very easy, but if you look at the chart like this?

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