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As you begin with futures, I feel forced to add my 2 cents after the below message from @heeb :
You have to know that they are several, and in fact many methods in trading.
If I understand correctly, @heeb thinks that one has to see "beyond the chart" with information which is not available on the charts.
Other think that everything is on the charts, and that you can trade successfully with only charts. With indicators or without indicators. Looking at one time frame or looking at several. Looking at one instrument, or understanding the correlation between several, etc.
Other will say that charts are useless and Depth of Market (DOM) is enough.
Other will say that charts are useless and Times & Sales (T&S) is enough.
Etc.
My point is not to launch a debate or to say that one theory is better than another. I just want to underline that there are several methods. And I am convinced that there is not only "one" which works.
You have to forge your own opinion. This forum is full of very valuable resources. It is a wonderful opportunities to see many techniques at play, read comments, etc. You can see what fits your personality, what seems reasonable to you or not, etc.
Wish you the best for your journey,
Nicolas
Can you help answer these questions from other members on NexusFi?
Interesting.
I firmly disagree.
I think that that methods based on "price action" (price charts only, possibly with volume and an EMA) do work.
Some materials to learn from can be found by looking for the works of Lance Beggs, Sam Seiden, Al Brooks, etc.
Some evidences of these methods working can be found in various trading journals of this forum.
I do not want to launch a debate and I am not trying to convince anybody.
Any one can have his/her own opinion.
