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Well, these are not really reversals. These are continuations patterns, pullbacks. You are trading expecting the major trend to continue. It is not a good idea to try reversals in a strong trend, it's beter to do them in a range bound trading market. BTW, IMHO, there was nothing wrong with...

Wow, what a class act on your part, my friend. I was just hoping that someone would explain what the deluded rantings of your guru were about and now I see that no-one can, which simply means that this is all crap just as a friend of mine was implying (well, I wanted to be more polite and gave...

Gee ... give me a break... How living in the US can you have any idea about the world leaders? When was it last time that you saw any of them on the US TV? And I don't mean Sharon, Chretien or Blair... and now go ahead and list them... I bet you are already done! :D

Some apparently have learned something from it or at least so they claim. I am finding rather hard to follow Jack's teachings so perhaps Jack's disciples would be kind enough to expound on Jack's teachings for the rest of the ET community and myself in particular. That might even be a good proof...

Good points, a friend of mine who is my mentor stresses them too. He also has a special power setup to trade divergences that makes money some 70% of the time. Obviously, when you have a setup like that you don't write about it in the books. :D

I personally think that his writing style makes him very hard to understand and so it's very hard to say if he has anything of value to offer. Therefore, the 'no opinion' option should be added.

One more proof that books are not always written by those who have something of value to add.

Keep it going. I am going to join you in your endavor, too working on my discipline. Today was a good day for me (4.75-2+0.5+3+1=7.25 ES pts), but not disciplinewise. Could have made more if stuck to my guns. Anyway, I plan to start my trading journal soon too, perhaps already on Monday.

We all feel happy for you.

He is not selling anything, so why bother with the question if he is credible or not? It's just his journal. Take it for what it is.

just another attempt at using this board to promote one's services. The latter seems to be the rule here, of course under the pretense of helping other traders.

Hich paying jobs in the 90's were highly inflated. Every punk wanted 50K for writing HTML fast. Don't count that this time around it will be so easy unless a new technology similar to HTML is launched and there is a great demand for a skillful labor in this new field.

What is CBOT advantage plus? You can use this http://www.mirekw.com/winfreeware/mwsnap.html Free and better than most shareware.

Cool, something along the same lines has been suggested to me by a friend of mine who is an accomplished trader. Not exactly the same, but his system also uses Kelts and moving averages, but not DMA. What time frame are you mainly interested in? Best, electron

3 times a week? Are you not trying to be perfect? That's not a good habit. Things like that happen, you cannot predict everything. Learn to live with them, you will not always get everything right, that's impossible.

He does not have time for helping other traders. He has too many interests and very little time for them. He even asked me to write up some of his stuff and share it with this board. I might do this. I am just learning it myself. When I am ready I will try to post more about one of his methods...

They still can be traded successufully if filtered properly either by higher time frames or some other methods. Using them without any filters is not a good idea if what you aim at is quality and not quantity. Most newbies want quantity (action) so they would kill for any sign of divergence even...

You are absolutely right, but you can still benefit from someone else's methods if they come from the people who have made money using them. Of course, you need to master them first and adapt to your trading personality. I am now benefitting from the methods that a recently befriended...

Indecision means tight ranges so you would expect NR to beget WR and not NR, or perhaps you have some other way to define indecision?

that would "pester" me at set times, like 10:30, for instance? And at more than one time a day.