Recent content by mrtimharrington

I do, but I don't talk to anyone about markets anymore really - waste of time. Just read the blog a whole bunch of times whilst watching the market every day, noticing how it does the same thing over and over again (gains and loses levels) - then simply put together an approach that takes...

The Efficient Market Hypothesis is a bit of a joke when you think about it, how can one ever know that every bit of information is reflected via price? One might argue every known bit of information is reflected in the price, but known to who? There was a discussion on this recently by the...

I think we are seeing the death of this journal, it is turning into a bit of a farce. Also looks like NQ might have left us, which would be a shame as he actually contributed very usefully to this forum.

I would imagine the chances of getting a trade log are pretty much zero. There is another thread on here now that I think about it re Michelle Williams, as I said I have never been sure about Larry Williams, an interesting character for sure. He actually (assuming it is him) replies to the...

Larry is an odd one, never been sure about him if I am honest and that guy from GFF posting in this thread does not really help in that regard. Alas he has done some very impressive things in the past, like turning $10,000 into a million in a year during the World Cup in 1987. His daughter is...

Surely this is a wind up :D

There was no video course They took down the blog as it was being copied by various people and sold as a course The blog was a series of issues that explained how the market moved, it was not a 'trading system' or course as such.

Ah thanks man, that means a lot coming from you - I read every post of yours as you clearly know what you are doing :-)

So we got a small (in current environment) smack from 2878ish (I put 2874 below, no idea why, I was looking at the open/close of the 4H candles at the swing high and had 2878 in my journal, my mistake) of around 25 points before making a new high. We have now hit the big Daily level at 2964ish...

Sorry, to be clear - I said 'a new low below the 21st' - i.e. we will drop below that in the sequence of tests, so a new low below 2717ish which was made on the 21st April. I made no comment on new lows below 2178, and indeed I said we should get a new high above the 16th first (i.e. the April...

Not really posted too many times in here but think the action this week is worth noting. For the first time since this up move started on the 22nd March we closed below the swing low that gave the most recent high on the 4H (to me a swing is at least two candles on the time frame in question...

McKinsey can perhaps help us make more sense of it - "According to McKinsey as of April 10, governments across the globe had announced stimulus plans amounting to $10.6 trillion—the equivalent of eight Marshall Plans." I do not follow the funnymentals for trading decisions as I alluded to...

Looking at this another way, the Fed pumped more QE into the market over the course of a week recently than they did during the whole of QE2 during the Financial Crisis... So maybe this is not as crazy as it seems (the market move I mean, not Fed actions)? Fed are pumping hard, how long it lasts...

Sorry perhaps I was not very clear. I mean analysing the market and it's movement via TA, Order Flow, Volume Profile, liquidity flows or whatever approach of analysis it might be of the actual market itself. As opposed to looking at Economic indicators such as the ISM or Jobless Claims and then...

Not personally, no. I have found it hard though, for the first time in the years since I dumped funnymentals I have found it hard to completely ignore them. If you look back at March '09 you will find many a portfolio manager talking about the 'real economy' and how everyone was still...