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And what he just wrote is very typical of Jack's camp. I approached it with no bias but after one of such condensceding posts that was meant to be a welcome reply to mine I no longer had any doubts about who I was dealing with. The arrogance of these people is trying to accomplish only one...

Very good point indeed. As someone who spent many years teaching college students, I cannot overestimate the impact both they and my preparation for teaching had on my uderstanding of the subject taught.

I have to agree with Nihaba and others that made similar points. You are becoming more and more of a nuisance here. One good thing about you, however, is that your posts expose the total failure of the 'moderating' system on this board. Most of your posts are disruptive to the threads you...

Yes, if quantity were the only consideration in this business, or any other for that matter, that would be some good point. In case you are not aware of it, there is also another thing to consider. It's called quality. That's the thing that makes some people feel 'safe' or unsafe depending on...

I wish some of your moderator buddies were as lenient on the posters as you are on this guy. This has nothing to do with the advancement of science at that time. It just common logical sense as pointed out by TGregg. I am sure that even the ancient Greeks would know it was nonsense.

So you just gave away the biggest trading secret of my friend. Or almost the biggest... Yes, you are absolutely right. This works much better than MACD and stochastics (if you know how to use it) and that's one of the reasons why my friend thinks that the whole Jack Hershey's thread with all his...

So it took three people to make some sense out of his crappola. Compare this to the efforts of some no_pm_please who somehow managed to create an outstanding comprehensive and comprehensible journal all by himself. Or rather don't compare because you may start feeling unsafe if you do...:D

OK, so the ratios are about comparable. As to the weather, the climate in Southern France is vastly different than in Northern France although during the summer time it might be hard to tell the difference, but that's true about the US as well when humidity is not taken into account.

I believe France has at least 50 mln citizens or close to that. Of course, that is still a very high ratio compared to the hundreds that died in Chicago.

This is unheard of...

How many bars of separation do you use to determine if there is divergence? The Chaikin Oscillator (CO) is very sensitive and it clearly shows difference even between two subsequent bars. This is not so for other oscillators (stochastics, MACD). Incidentally I did spot very clear divergence in...

Let's not take this crap hunt to a new level. There is enough 'legitimate' crap on this board to worry about. He just asked a question. All it takes is to answer it.

It's much easier to interpret them at the EOD. Now, don't tell you you did not know that? :D

who uses them. Most traders have access to these indicators. Why do you think only some succeed?

My point is that he should not be concerned about what others say here. What he is doing is fine and it works for him. Indicators are derivatives of price. You can trade also without them. The key is a proper money management and self-discipline. He has them and the way he trades shows that...

Too much analysis. This method could work even if you removed most of its elements. The key is not the divergence of any sort nor even the ADX. Think about it and I am sure you will understand what the key element is.

Perhaps you should try trading 2 contracts. One will always be too early, while the other one will be more timely placed. You thus may want to consider trading YM, which is more appropriate for your modest funds in that it can allow you to trade two contracts. ES do not differ that much from YM...

Good point, but also the market just made its third top for the day and it usually does not progress beyond three peaks. You may also want to incorporate the floor resistance and support numbers to give you some idea where a trend may terminate. The first divergence was slightly above R1, the...

Do you have any systematic criteria to avoid fighting the trend? On the one hand you use the ADX to indicate that you do have some trend, on the other hand you try to avoid strong trends. So what are your ways to pick the right trend that you did not specifically stated when introducing this...

This can happen to anyone. Have you heard about Mike Tyson? And guess what? Tyson does not have such moral dilemmas as our poster. He just wants to declare bankruptcy. Not bad for a guy whose wealth was estimated at $300 M at some point.