Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Thank you trendisyourfriend,
This makes total sense - it is all about VALUE. If one can assess the market's perception of Value then the current price at any given moment can traded with greater success. I assume you are using Market Profile and others?
Could you please comment on how you see this on your screen by the indicators you set up and how you can interpret "value" by your methods?
Thank you,
Can you help answer these questions from other members on NexusFi?
It doesn't have to be that sophisticated. The point is, sometimes I see a setup on one type of chart that I don't see on the other.
If I would have to use only one type of charting, it would be a range bar chart.
In the end, what gives me confidence to pull the trigger is the volume profile, though. When you see the right price action at the right MP level= free money.
Many would say time has more meaning -Gann (the greatest investor of all-time) for one. Most of Gann work refers to mulitday movements and I have not yet found references to intra-day time points.
There exists an extensive group of individuals who focus almost exclusively on time (usually found under the term "cycle studies").
I would say yes time does. Though my research is not fully completed I have determined preliminary relationships between time and price on an intra-day basis. As one poster noted 'time is the handmaiden of price'.
You have chosen a reply on value as the correct answer for you to your question. (Naturally "value" is about price so you have selected an answer that is not about time as input matrix to your decision.).
A very important question - discarded with sound bites and trivalities. (In a way the amount of Time you have spent on your Time question is so small - in time - in consciousness - in effort.)
Results are in relation to effort intelligently and persistently applied.
("Persistently" - involves the notion of duration time.)
Seek and yea shall find. knock and it shall be opened unto you.
Seek not and find not. Knock not and the door stays closed.
On the question board, there was a question as to whether time is a factor, an important piece of information in the prediction of price turns. I would say it is.
Below is an example from this mornings spreadsheet showing 2 time estimates. (section.jpg)