![]() ![]() ![]() The methodologies I use and explain in the E-Book are widely used practices employed by the smart money traders, large program traders and hedge fund insiders. So I can make it available for a price that in effect is less than a parking infringement. It does not create any problems in distribution as I have a helper to do all that. The truth is I am now retired from trading and produced this Price Action book as a going away present. Nevertheless I would like to congratulate you guys for starting a thread on the PA E-Book. I don't get involved with this site anymore due to a number of reasons and most of the longer term trading community would realise why. ![]() And that might be reason enough for you to buy his e-book - to get an idea or two. I wouldn't have come up with my "one setup" if I had not kept learning about other people's ideas. So why did I buy the e-book ? Because it was recommended, because Iâm bored, and because Iâm a book and trading junky, always looking for another idea. By contrast, I trade off of one symbol, one chart, one setup, no indicators - but I do that one thing very well, and I just do it over and over â very boring. I have no reason to doubt it, but Iâll never know for sure. Then at the end of 241 pages, he ironically says âkeep things simpleâ¦.the more complex you make it the worse it becomes.â I have to look at the 10:35 bar now.âĪfter all this, he says they will give you a better than 50% chance of a winner (I sure hope so). and I tell you, if I started looking at the 10:30am bar for all these things, the market would be closed and my wife would be calling me for dinner by the time I was done. He recommends his 2 software packages, WaveTrader III and WT-ES Assistant that will, presumably, catch and display a lot of these things. He uses confluences of Fibonacci numbers, Elliot Wave, Gann, Floor Trader Pivots, Opening Price, Opening Range, previous support & resistance from prior days, and several chart patterns. He has you looking at 5 timeframes, on each of the ES, S&P Cash, the OEX, and I think the Midcap 400 (though Iâm not clear on that one). He says you need a minimum of 2 computers, and a minimum of 2 screens on one of them, but preferably 3 or 4 screens (giving a total of 4 or 5 screens on 2 computers). However, it is much too complicated for me. By all accounts, Bryce Gilmore is a profitable trader, who teaches a working method. Let me first say that I bought the manual because Bryce Gilmoreâs course was recommended to me by responsible people. I read through the manual quickly, and I say quickly because I could tell after the first 45 pages that this manual was not for me, so I skimmed the rest. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
December 2022
Categories |