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Can we trade without predicting ?


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Can we trade without predicting ?

  #1 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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We all know we can get quite sophisticated when comes the time to predict, find key levels etc. but is there an easier way ?

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Can you help answer these questions
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  #3 (permalink)
 
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 l1onel 
The Valley ANGUILLA Caribbean
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pair arbitrage

I believe only in profits, not in prophets.
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  #4 (permalink)
 
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 jagui 
Italy - Roma
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Reacting, without predicting

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  #5 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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Another example on the ES (no prediction involved) :
Previous support becoming future resistance and previous resistance becoming future support.

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  #6 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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This approach assumes we can anticipate why at times a future support or resistance will not cooperate as expected based on a few important order flow principles related to levels of demand/supply.

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  #7 (permalink)
 
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 trendisyourfriend 
Quebec Canada
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  #8 (permalink)
 
trendisyourfriend's Avatar
 trendisyourfriend 
Quebec Canada
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Final destination:

As can be seen on that chart. There is no need to predict the final destination as it will reveal itself.

This is a bottom up approach.

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  #9 (permalink)
 kingfish88 
Las Vegas
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Interesting! care to share more? and your template?

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Last Updated on September 10, 2010


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