What do you think would be worth researching regarding the Price Action Trading? - Traders Hideout | futures io social day trading
futures io futures trading


What do you think would be worth researching regarding the Price Action Trading?
Updated: Views / Replies:1,402 / 10
Created: by hachot Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

What do you think would be worth researching regarding the Price Action Trading?

  #1 (permalink)
Elite Member
Ljubljana Slovenija
 
Futures Experience: Advanced
Platform: NinjaTrader, MetaTrader
Favorite Futures: ES, 6E
 
Posts: 25 since Oct 2014
Thanks: 21 given, 5 received

What do you think would be worth researching regarding the Price Action Trading?

I would like to make an academic research regarding some concepts of Price Action Trading introduced in the books of Al Brooks for my last paper at the faculty. But am so far lacking ideas and would like to hear some from more experienced Price Action traders, for example, what do you think would be worth researching regarding the PA of CL and ES futures markets?

Thank you and Best Regards!

Reply With Quote
The following user says Thank You to hachot for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Washington DC
 
Futures Experience: Intermediate
Platform: InvestorRT
Broker/Data: TD Ameritrade, AMP/CQG
Favorite Futures: ES
 
Posts: 206 since Aug 2014
Thanks: 74 given, 267 received

Answer
This post has been selected as an answer to the original posters question Answer


Check out Steve Nison's books on Candlestick charting techniques.

Reply With Quote
 
  #4 (permalink)
Elite Member
Sydney, NSW Australia
 
Futures Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: ES, CL
 
Posts: 26 since May 2015
Thanks: 17 given, 19 received

Answer
This post has been selected as an answer to the original posters question Answer

Link for the lazy :-)

Candlestick Course Book - Autographed by Steve Nison

Reply With Quote
 
  #5 (permalink)
Elite Member
seoul, Korea
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: CQG, DTN IQfeed
Favorite Futures: YM 6E
 
treydog999's Avatar
 
Posts: 894 since Jul 2012
Thanks: 291 given, 1,006 received

Answer
This post has been selected as an answer to the original posters question Answer

My feeling about price action and serious academic research is the largest issue with price action. It is usually very subjective. I am familiar with both Al Brooks and Steve Nison. In order to be able to create replicate results in price action research, you will need to quantify a large number of "contextuals". Both authors give credence to context and past price action affecting the current chart picture. I am not sure how you would be able to deal with that.

However some of the very simple candlestick patterns and trend lines can be quantified. For example a doji or a trend line based on the linear regression of highs/lows over the past n bars. Will your work replicate their books, probably not exactly. But based on my own quantitative research based on these types of books. Usually the result comes up lacking, then the price action followers just say that context was missing, in order to justify the negative expected value.

Reply With Quote
 
  #6 (permalink)
Elite Member
Tallinn, Estonia
 
Futures Experience: Beginner
Platform: SC
Broker/Data: Oanda
Favorite Futures: USOil / West Texas Oil
 
lemons's Avatar
 
Posts: 789 since Nov 2010
Thanks: 1,420 given, 1,997 received

You can check this out

Answer
This post has been selected as an answer to the original posters question Answer

https://futures.io/elite-circle/3506-elusive-price-action-how-trade.html

This thread was nominated for the Best Thread Of The Year for 2011, and won 1st place (Gold).

Reply With Quote
The following 2 users say Thank You to lemons for this post:
 
  #7 (permalink)
Elite Member
Leeds UK
 
Futures Experience: Intermediate
Platform: FXTrade
Broker/Data: Interactive Brokers, CapitalSpreads, Oanda
Favorite Futures: GBP/USD
 
Tymbeline's Avatar
 
Posts: 401 since Apr 2015
Thanks: 894 given, 486 received

The books of Bob Volman are also very much worth a look, in my view.

https://futures.io/forex-currency-trading/23893-bob-volman-price-action-scalping.html

Reply With Quote
The following user says Thank You to Tymbeline for this post:
 
  #8 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 719 since Oct 2011
Thanks: 625 given, 2,446 received


Tymbeline View Post
The books of Bob Volman are also very much worth a look, in my view.

https://futures.io/forex-currency-trading/23893-bob-volman-price-action-scalping.html

Yes, I like his Price Action scalping book.

Failure is not an option
Reply With Quote
 
  #9 (permalink)
Elite Member
seoul, Korea
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: CQG, DTN IQfeed
Favorite Futures: YM 6E
 
treydog999's Avatar
 
Posts: 894 since Jul 2012
Thanks: 291 given, 1,006 received

I do not think the number or authors of any price action books matters especially regarding this type of research. It has more to do with how to quantify and create a repeatable algorithm to generate trades to be analysed. 10% of this research would be finding what pattern you wanted to dissect or hypothesis you wanted to test. the other 90% would be building the frame work, programming an algorithm to identify these phenomenon then creating a back testing engine that would simulate the trade results for you.

Reply With Quote
The following 2 users say Thank You to treydog999 for this post:
 
  #10 (permalink)
Trading Apprentice
Chicago, IL
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
 
Posts: 4 since Dec 2012
Thanks: 4 given, 1 received


Great idea for a research paper

hachot View Post
I would like to make an academic research regarding some concepts of Price Action Trading introduced in the books of Al Brooks for my last paper at the faculty. But am so far lacking ideas and would like to hear some from more experienced Price Action traders, for example, what do you think would be worth researching regarding the PA of CL and ES futures markets?

Thank you and Best Regards!


Reply With Quote

Reply



futures io > > > What do you think would be worth researching regarding the Price Action Trading?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
NQ Price Action Trading robert880 Trading Journals 2 December 16th, 2014 10:09 PM
Discretionary Price Action Trading Benjie Elite Trading Journals 2 May 16th, 2013 08:00 AM
Price action Pivot Trading DoubleClick Trading Journals 17 April 29th, 2013 06:45 PM
Price Action Trading Journal RambleDog Trading Journals 4 January 4th, 2012 01:34 AM
Trading Price Action cbratton The Elite Circle 14 November 17th, 2009 04:07 AM


All times are GMT -4. The time now is 06:46 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.13 seconds with 38 queries on phoenix via your IP 54.221.93.187