Reply To: Accuracy of MK-indicator and Volume bars and positions?

#47632
MatDerKater
Participant

When you figure out what it is, and realise that it isn’t a lot different from what you were doing anyway……..except you can pick the key levels a lot better manually (cos’key Supply & Demand levels is all these MTSL are…..there ‘might’ be ‘Dumb Money’ SL sitting there in the real markets, there might not be), the important thing is whether you appreciate being mislead or not, or whether you feel like a right chump for missing trades based on ‘DUMB MONEY STILL NEEDS RINSED’, or taking trades aiming at these levels when all they were all along were bloody volume profile gaps, with not a real SL in sight.

Of course, there is no doubt in my mind of the potential for someone to be able to learn to trade profitably with the MK charts overtime. Trading Volume Gaps and/or Supply & Demand zones in line with the overall trend isn’t a bad strategy, but then there are the 3-4 hour data throughput lags, which as far as I can tell, happen everyday during peak hours……with many of the data gaps in the charts remaining as holes in the data.

No.

Just No.

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