Recent content by StockSniper

Nice calls on the Euro and USDGBP this month. Also impressed with your stamina in staying with these multi-day trades! Thanks for posting.

My interpretation: After determining what the current trend is, then try to ascertain where in the larger trend the market currently is trading. In other words, the longer term trend could be up, but the market might be at the top of the upward sloping channel (i.e., not the ideal time to buy...

This just happened to me in the last few days as well. Frankly, I'm a bit surprised that the default setting is to NOT trigger stops outside of regular trading hours. I called the help desk when price moved beyond my stop without triggering it, and the first question they asked was whether I...

The Economist is the best weekly magazine for news and cogent, insightful economic, political and financial analysis BAR NONE. The writing exemplifies English at its best, and makes even potentially dreary topics lively. Always insightful, always witty (you'll come to admire their unrelenting...

Lol, reading this more closely, I guess that technically I'm doing a modified form of icebergs, and not strictly following the recommended timing. I guess the difference is that I'm attempting to incorporate some of the other signals that I've been reading about on this thread (P/V, primarily)...

Kleck, I think you're pretty close to the mark: From a previous Jack posting: Enter as both [stochastic lines] show on the 20 (short) or 80 (long) always (last one in). Exit as both show on the 80 (short) or 20 (long) always (first one in) (Correct me if I'm wrong, all of you...

I'm pretty keen on taking part in the post-Labor Day activities. I'd like to volunteer to do some of the stop-logging. This is something I could use some work on, and watching it done in real time -- or better yet, keeping the stop log in real time and getting real time critique -- will help...

I started off today by jumping into the market without a proper pre-flight, and without waiting for clear signals. I got in trouble right away, reversing out of bad positions just as the market was turning, etc... In no time I was down 4 points. It was the kind of performance I'm striving to...

It's nice to have you back, Jack. I know I speak for many here when I say that it looked like we were heading into the Dark Ages there for awhile. Now that we're back in the Renaissance, learning can continue. Welcome back, StockSniper

It's noteworthy how many "lurkers" and "semi-lurkers" (I count myself in this group) have spoken out against the ignorance and intolerance of those who caused Jack to announce his departure. As for myself, I wish that I had taken more time while Jack was still here to participate actively, and...

Amen

I very much hope that Jack will reconsider and continue to share his wisdom with us here on ET. I for one have learned an enormous amount from reading his posts, and the posts of others on this thread that is dedicated to Jack's trading methodology. I find it reprehensible that small minds...

Thanks for your encouragement Jack. Here's a link to the first of the 12 charts. Hope this helps! http://www.elitetrader.com/vb/showthread.php?s=&threadid=15072&perpage=6&pagenumber=2

I seem to have overcome a real weakness of mine -- overtrading -- by concentrating on the 1, 2, 3 trend development. Now I've swung too far in the other direction! Today, I was so caught up in drawing my trend lines and waiting for a new point 3 to develop, I missed one of my key signals...