I am still testing a method, but I believe I have finally had my "light bulb" moment and if that's the case, I want to share it for free. I have been trading a very simple method... NOT EASY, but simple. I have found, that trading is more of an art than a science. Over the years I have been able to pretty much predict where the market will turn, but without good timing and proper management I would still lose.
There is a website out there claiming that he can predict when the market will turn and for a fee he will tell you the turning points in the market. That got me to thinking.... "what if I could figure out where the market would likely react and used that to my advantage?"
With that I began to study and figured out that there is no magic formula or trading system, but there is a way to figure out where the big money plays and if we know this, we can try and react to what they are doing before the market moves. It is here that I will recommend you get the reconstructed tape from Jigsaw trading (Day Trading Decision Support Software ? Order Flow & Futures Day Trading Online From Jigsaw Trading (). He cleans up the tape an helps us really understand when big money orders are hitting the market. If you use the normal tape, it is not very accurate as the data is broken up. When using the reconstructed tape we can tell when the big money is truly entering the market and take advantage of that.
I am going to post a screen shot. You will see magenta lines on the chart. These are what I call "big money lines". I drew these lines on December 3rd and price respects them today. Price will continue to respect them tomorrow and next week. Eventually, if price stops respecting a line, it will be removed. Just check out the screenshot. I will post more about my method later on.
By the way, I'm not an expert, and I'm definitely not going to try and "sell" you something offline. I have struggled for years with trading, and I am hoping that I have finally figured it out. It has gone well so far. I want to share what I know for free since so many people are asking for money to share their knowledge.