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eSignal, as Robert Morse also recommended. However, if you are an active trader, you might want to look elsewhere, as they no longer develop or improve their products with the active trader in mind. I used them for 10 years but stopped for that reason.

Yep! In fact, I see 19 potential entries.

For those who can read trends using old school TA, BC is as good as it gets! Right out of the textbook.

Thanks for not mentioning me by name. Couldn't handle all the new friends I'd make!!:D

Then what's true?

Ok, it's now clear that you are not using the term 'range' as most of us do. You are just talking about the high and low for a given period, aren't you?

Yeah, I think I can handle that when it comes to shopping. But when it comes to knowing the prices of hundreds of stocks and futures for the past few weeks or months, that's going to be rough even for all the great minds here on ET. Charts solve that.

So how are you going to know it's in a range? Do you have all the prices for the past few months memorized?

1. Not everybody looks at charts. 2. Some think it's going to break out on this move. 3. Some newfangled indicator tells them to buy. 4. Upcoming news will be good, so it's sure to break out. 5. The buying near the top looks so strong that it's bound to break out. 6. They don't recognize the...

Probabilities in both are used to determine potential success. How much you can win or lose in differently structured items is another subject.

Good manipulators are good at reading the trading of others and engineering false break outs, which equals bluffing. Same same. Both poker players and traders can rely on probabilities. And for either, if it's 80% for this hand/trade, the outcome is only 100%(being plus) on balance over a given...

The difference here is that you are referring to such a situation in general, which is fine, and I am answering his question regarding a specific case which he felt could be answered only in hindsight.

You're putting his question into a real time situation for 100 traders to do as each one normally does in their favorite time frames. But he asked how 100 traders would view the current situation as to being in a range or in a trend. That's all. And to do so they would all have to voice their...

Yes, but galvin888's said: So those 100 traders would have to view the same time frame in order to answer. And no matter what the time frame is for the chart he chose, the answer is so obvious that the 100 would most certainly agree.

I think you could say that TA is based on tested and proven probability to where card counting might be close to shooting from the hip in trading.

There is something similar to a bluff, being the false breakout that manipulators often use.

This has been discussed a million times on ET. I would say that knowing the probabilities of hands/trades being successful is the most important point of all. In junior high I skipped lunch every day so I could save my lunch money to buy books on how to win at poker. Learning the art of using...

You are very fortunate in that you are getting so much attention here from some of the world's greatest traders!! That being the case, rather than receiving general advice to solve your problems, you might consider posting some charts showing past trades, both good and bad, and noting why you...

I seriously doubt that 100 skilled traders could fail to agree which it is.

OK, if you were referring just to having too many of your eggs in one basket, agreed!