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Like a turtle to his balcony...


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  #271 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
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Have now officially studied market profile to the point where I know nothing.

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  #272 (permalink)
 
josh's Avatar
 josh 
Georgia, US
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GaryD View Post
Have now officially studied market profile to the point where I know nothing.

Cool, now you're ready to learn!

I have read MoM maybe 4 times over the last 2 years, and after gaining some experience between reads, each time I learn something new. In fact, read some of it last night and some light bulbs went off. The learning takes place in the market, but it's a good book to help along the way.

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  #273 (permalink)
 
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 GaryD 
Orlando, Florida
 
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92.00 - 92.30

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  #274 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
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josh View Post
Cool, now you're ready to learn!

I have read MoM maybe 4 times over the last 2 years, and after gaining some experience between reads, each time I learn something new. In fact, read some of it last night and some light bulbs went off. The learning takes place in the market, but it's a good book to help along the way.

It gives definition to things I already interpret, which drew me in, but also deconstructs a lot of beliefs, which is painful.

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  #275 (permalink)
 
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 GaryD 
Orlando, Florida
 
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GaryD View Post
No, she was not interested in my conversation topic. Truthfully, I'd prefer to watch the turtles.



Could not help myself.

Uuuuuhhhhhhh!

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  #276 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
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Trading: happy
Posts: 6,462 since May 2011


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  #277 (permalink)
 
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 GaryD 
Orlando, Florida
 
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But still expecting to rock the rest of the week. lol!!

Confidence is above the moving average.

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  #278 (permalink)
 
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 GaryD 
Orlando, Florida
 
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Posts: 6,462 since May 2011

Wed / EIA. Melissa is still sick, I am getting used to sharing the couch with Piper. Flew straight back from New Jersey last night.

Price hed in a very tight range overnight, roughly 15-20 cents, 92-67-92.81. Yesterday's RTH value area 92.71-93.24, POC 93.10, with the majority of volume occuring below the POC. Yesterdays price action saw an impulse move up creating a wide IB, the price one time framed down teh remainder of the day to balance. Yesterday price jumped out of a bracket between 91-92 and into a previous bracket between 92-94.

Pre-open is impulsing up out of the ON range.

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  #279 (permalink)
 
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 GaryD 
Orlando, Florida
 
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Platform: shoes
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Posts: 6,462 since May 2011


josh View Post
Cool, now you're ready to learn!

I have read MoM maybe 4 times over the last 2 years, and after gaining some experience between reads, each time I learn something new. In fact, read some of it last night and some light bulbs went off. The learning takes place in the market, but it's a good book to help along the way.



More open to learning. I had hit a point where I was over learning, had done it too hard for too long. Market profile is now a lot easier to digest with so much prior market experience than the first tie I tried to study it, and is different enough from anything I learned before to keep my interest. The thought of gaining additional insight into structure excites me, and I wish I had the same time today that I had several years ago to study it.

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  #280 (permalink)
 
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 josh 
Georgia, US
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GaryD View Post
I wish I had the same time today that I had several years ago to study it.

I think the real studying happens while the market is open. Thinking of the market in terms of an auction may be a different way of thinking, but you already know how to trade, and this allows simply a different paradigm that can complement what you already know, and does not need to replace anything. So, I don't think anyone needs time, just experience observing real-time principles in action. Anyway, I hope Melissa feels better. My girlfriend is also sick, as was I for two weeks with pneumonia; makes it difficult to do anything normal, and I empathize with her, hope she gets better soon!

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Last Updated on August 5, 2013


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