Recent content by 1in10

Do you have any idea what is the "win percentage" of a professional trader? One of the more successful traders I have met in my career, a woman who had a large hedge fund(and wore bunny slippers), had a winning percentage of 45%. And you are just beginning to work with a methodology and you are...

Your full of crap. You would not have known what hit you...maybe in hindsight, your indicators would have mopped the floor after you were done pissing your panties.

One of the largest traders in the world, with multiple phd's (physics, math, economics) uses straight lines to give context to his trades. Albeit, differently than Wyckoff, they are still straight lines. And his mentor, a phd who used straight lines...

At first blush: Bar 18, for what ever reason is a low. It is followed by a series of higher highs and higher lows until it reaches a high price at bar 41. Price cascades to a low at bar 48 with a more aggressive stride than the bars between 22 to 40 and rebounds with an equally aggressive...

If you will indulge me a second post in six years, I'll play. Some may think that the price you got long should be a factor in the decision making process. For me, the decision is the same no matter where I got long. As I look at this chart (I do not trade index futures), it would be easy to...

Huyang, Section 15 of Wyckoff's addresses this. In that section he states that trend lines may need to be moved to the next swing point to capture the markets "stride." Notice in the chart DB posted, price lengthened its stride after point 2. To capture this change of the market, the...

And what if it doesn't? Pundits have suggested such a move, but there is not a guarantee that it would have the desired moves in oil or any other commodity. Joe Six Pack will still be suffering as the gasoline manufacturers will not be so inclined to lower fuel prices anytime soon. Not...

What you have shown on your snag means nothing but your "grail" works on historical data. Why do you not show a snag of your "grail" predicting points on the right side of the chart? Show us the prediction for next week, please, that way we can know it works into the future not in hind...

Just something to consider, not only will you have the franchise fees, but malls will typically charge a per square foot rent and a percentage (upwards to 10% of profits). Be aware of this. You should have good margins on your product. For example a medium fountain drink will have a margin at...

This is one of the most hilarious threads regarding forex that I have seen in a long time. The original poster has posts on other forex related forums where he portrays himself as a knowledgeable trader. A knowledgeable forex trader knows not to use market orders at times like NFP and...

Maybe you should ask Woodie ole boy, where those Make a Wish donations are that he supposedly made. From what should have been a sizable donation, the wood man was never listed as a donor by Make a Wish Foundation....hum....

I still have nightmares about making those 300 plus a day cold calls, and that was over twenty years ago....oh the memories!

Professor of Philosophy

Unless you are trading based on time-price convergence, many forex traders look to the open of the London session (3:00am est) and the US market (from about 8:00am est). On ocassion, the Asian market (7:00pm est) will yeild some decent opportunities.

Oh how I long for the days days of the DEM....such fond memories.