Recent content by guavaman

062409

well done

:eek:

I hope all can immediately identify the fallacy of this statement in both theory and objective fact.

Under the current operational definition, a lateral does not exist in the area in highlighted . However, once formed, a lateral is killed by two consecutive closes outside of it unless a formation forms. Additionally, a close on the line of a lateral is considered to be "inside" the lateral.

I resemble this remark :p

061109

I use the same coloring convention for my traverses and FFT as you do. However, since I rarely consult your charts, I have less certainty as to what your Gaussian convention is and if type of lines you used indicates a completed traverse. Now, wouldn't it be easier and more collegial to have...

First, are you certain that 14:40 to 16:15 on the 5th is a Pt3 traverse up?

So you had a Pt3 up traverse (as noted by the blue trend lines) at EOD on 6/7/09 that presumably completed with an FTT@ 16:15 and it is followed by a FFT? Is this how the market normally behaves?

that was rich :D :D :D

cnms2 ought to know

Of course. How stupid of me. If only the method wasn't conveyed in english! Oy vey.

Then by all appearances it would seem prudent to take lessons from your trainee so you too can learn to trade the method profitably. If you did, then we would actually have someone, known to the Journal followers, that has made it to the other side trading JHM/SCT and then we could dispel the...

My friend, if you trained someone to trade the JHM method - SCT - profitably then it must follow that you can trade JHM and SCT profitably. If this is the case you indeed are a rare bird indeed. As a function of "paying forward" you really should step up and explain your ideas to your fellow...