Recent content by Lamont_C

The indicator phase is something that probably everybody probably has to go through, whether it's MAs, stochastics, MACD, %R, VWAP, MP (if you're looking only at the form), Pivot Points, Fibonacci, Bollinger Bands, chart patterns of one sort or another, candles, or even the price bars themselves...

One of the best examples of how it's done can be found here: http://www.traderslaboratory.com/forums/f131/support-resistance-trading-foresight-6274.html

The trendline is drawn "from the lowest low through the highest low that precedes a high without passing through any tails or bars in between". not the highest SWING low. The trendline was in fact broken in June, forming a swing low in July. One could also argue for a break in May, but the...

Yet another nugget which will be overlooked.

1. Who says so? 2. What "concepts" are new and original, that is, not just another retread of the same old stuff with a new lingo? Remember, it has to be difficult in order for the noobs to be convinced that it's profound.

"I am not a CTA and therefore need to restrict what I publish on this site. Otherwise, I would have to become a CTA and this is against my minimalistic approach to life. I called the NFA and asked what my limitations are and they told me that I cannot make trade recommendations, I cannot discuss...

http://www.amazon.com/Techniques-Tape-Reading-Vadym-Graifer/dp/0071414908/ref=sr_1_1?ie=UTF8&s=books&qid=1251032472&sr=1-1 If you're looking for gimmicks, the Brooks book is great. Otherwise.....

Probably would have had more of an impact if you had posted before the open...

Sure it can : http://www.traderslaboratory.com/forums/f131/

The problem with Brooks is that he teaches you to trade bars, not price action. Same with Ross. And Nison (only in his case it's candlesticks). If you want to learn how to trade price action, I suggest dbphoenix's book (http://www.traderslaboratory.com/forums/blogs/dbphoenix/introduction-ebook/)

Your edge begins with the knowledge you gain through your research and testing that a particular price pattern or market behavior offers a level of predictability and a risk to reward ratio that provides a consistently profitable outcome over time. Without it, one is just "playing" the market in...

You may find this interesting: http://www.elitetrader.com/vb/showthread.php?s=&threadid=38333

Neutral

This has nothing to do with a trading mentality v a long-term view nor with finding a bottom nor with how "cheap" these may be. Rather it has to do with the likelihood that these choices will rise, at least to an extent that buying them turns out to be worthwhile. If you're looking for a...

What makes you think that most people are looking at indicators at all?