Do you know by chance where to find more info on price action, preferably of "old school" ?
I've heard about John Hill, but can not find him

Krgds,
Andrew

FBJS,

Thank you for your info.
I used 4,8,3 MACD or PPO together with slow stochastic with standard periods 14,3 and watched their "common crossover", but it works better of all on ES which I don't trade
Also I had another "set" apart from below consisting of 2 fast stochastics based on certain "cycles", but again it works good on gold, which I don't trade now too
Regarding 50 MA I figured out as already mentioned to enter on pullbacks to it when price already crossed it, but don't know yet how to determine whether it pullbacks or price will cross 50 MA again.
RSI as certain indicator of market strength not helps to determine that.
I've noted that when 100 MA is near price often "pays more attention" to "older" MA.

Do you know by chance where to find more info on price action, preferably of "old school" ?
I've heard about John Hill, but can not find him

Krgds,
Andrew

FBJS,



Do you know by chance where to find more info on price action, preferably of "old school" ?
I've heard about John Hill, but can not find him

Krgds,
Andrew

The books by Joe Ross are excellent. I haven't found much else. There is a wyckoff course but it's expensive and time-consuming and takes a while.

Here's a couple of his books.


John Hill

suriNotes.com, suriNotes, Stock Research, Futures Trading, Emini Trading, Tradestation, Indicators Check " trade chart patterns like the pros " Suri Dudella . I learned from him and he can be reached through his sight - Surinotes .

Everyone has different definitions of what "price action" is. For me, I would say that it is understanding market patterns and how they relate to the speed and size of trades, how the bid/ask acts in relation to the last traded price, how things occur on Level 2, and how far an instrument tends to move under various market conditions. I suppose you could throw in candlestick patterns and market geometry (trendlines), etc. as well. Here is a post I just made with a brief description of how I might use different indicators in conjunction with what I would call price action:

There is no such thing "Laging indicators" Technically, no indicator is really "false" or "true" at any point in time... it's just a calculation of price movement. Certain types of indicators are designed to capture certain types of price movement. For example, a moving average …

There are lots more details you could get into with this type of discussion, but it's just a rough idea of how you might use different types of indicators in conjunction with some knowledge of how a particular market moves...

Cunparis,

Thank you.
I heard Ross is great, but he wrote a lot of books, so I don't know from which to start and which contains just simple "old school" rules.
If you can give insight on that it would be just great.
I've read that he wrote one book for his family which then decided to publish, think it could be really interesting, have you read that one ?

Krgds,
Andrew

IMO "old school" is the best way to trade. They didn't have super fast computers, tick data feeds, and thousands of indicators to distract them.

You can find the ross hook and by the book on eMule network.

Cunparis,

Exactly !!!
That's why I'm trying to find as much as possible on "old school" as well as on pit trading.
BTW have you seen in Fredy's thread what I've wrote you about idea of a few simple "raw" volume indicators ?

Krgds,
Andrew