When actually I finally listened to someone who understood auction market theory I realized that every thing I more or less knew about TA was encapsulated in a market profile chart.
Brett and I may not agree on our core ideas about trading psychology but this is an EXCELLENT description of reading price action intraday. Clearly in my mind, this is Trader-Steenbarger speaking … and thanks to one of our readers for asking me to comment.
Within the words is the real question everyone actually cares about […]
well they asked…. and yes we are in a bear market i.e. sell the rallies and buy the dips.
I hated to sound like a downer but hey, Roubini I am not (although so far…. )
MONEY MATTERS on ABC NEWS NOW
Having said that, 900 in the S&P futures held like a rock.
Talking about that on TV […]