Recent content by 2traps

Sounds like it is at least a great reminder to be organized, to review and document all your transactions! Little on the expensive side.

I agree with your look at it, and the value area makes it interesting. I understand it to be the first standard deviation or roughly 70% of the time frame you choose, the default being 30 mins, but you should be able to manipulate that. If your time frame is much larger, use daily or weekly...

I don't have a strong opinion there other than the MP seems to be a logical extension of point and figure. Its not to say PF is not useful, I just like to be able to manipulate the data more. I always remember reading about the profile and slowing bending toward another way of looking at the...

ZBEAR...great to have new ideas by looking at the same situation from a slightly different angle. I have watched and used for years and eventually even without the profile in front of you, you end up dividing up the moves the same way to assess an opportunity. I think it is a very clean way to...

Its my experience that people expect the MP to have some magic signal or entry/exit component! As a method of organizing data that treats the concept of time differently and incorporates the bell curve concept....I think its awesome. It can't tell you what to do any more than a chart can...

People have made great points here and I agree with most of it, even those opposed. However, what an opportunity to share knowledge and experience, and present them in a way that makes the business more accessible. I don't think anyone is talking about forcing your kid to get up early and...

Used as a filter, along with other signals can narrow down your bias. To say you could make money consistently using 'only' that might be like only using 1 retracement to base all your decisions. MA cross along with average true range or an oscillator could provide a better picture. Narrowing...