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HHs and HLs may not tell you anything about strength per se, but they tell you that price is rising. The stairstep gives you the strength, i.e., price doesn't drop back into the previous swing. As for the "wrong" trend, the right trend is the one that's going in your direction. Why trade any...

But at least it's no longer a secret. :)

Why cloud the issue? Higher highs and higher lows. Strength is reflected in the stairstep. No secret.

That's what I like about Reality Therapy: cut to the chase, fix the problem, and move on.

Again: This is the chief difference between a coach and a "mentor". If somebody's coaching you, he will first determine your goals and objectives and learn something about your personality. He will then explain how to formulate hypotheses about the market and how to trade it, whether this...

Too true. Give something away and people won't even look at it. Repackage it into something with a little gloss and charge $5000 for it and they line up. Maybe Tharp is a fine coach. I doubt it as he couldn't cobble together a decent trading plan, so it's unlikely he'd be able to help somebody...

Actually the problem and solution have less to do with "periods" and indicators than with deciding who you want to trade with. As for indicators, if you use them, you'll be late. Better to be able to determine the initiation of a trend without them. If you enter late, you'll be buying at the...

Learn the characteristics of a range, then enter upside or downside breakouts. If they fail, exit the trade. If they succeed, you're in a trend. After that, it's just management.

Film at eleven . . .

The lower limit of the SPX weekly channel is 2000. FYI. :)

It's called "bloviating". It's not much different than what happened after Loving v Virginia. And we survived.

Which is why the market keeps going up . . . :)

Actually this country hasn't been united about anything since Dec 7, 1941, with the exception of Sep 11, 2001, though the latter didn't last long.

So you walk around with a bag over your head? Dicey.

You use the word "belief" (and its variants) a lot, along with "feel" and "think" and "wonder". Then of course there's the "betting" thing. If you're still trading feelings after six years, perhaps you should revisit your trading plan. If it was and has been consistently profitable...

I'll address all of this "elsewhere".;)

It'll get easier the day after you say the hell with it and start over from scratch with an entirely new trading plan. As long as the ES is stuck in the middle, it's unlikely we're going anywhere. If nothing else, it's a good opportunity to poke oneself and determine whether one really is...

The GOP isn’t in trouble because of their racist base, they’re in trouble because they’re assholes Conservatives — whose week went bad when retailers stopped selling southern treason flags before turning unbearable when the Supreme Court re-shoved affordable health care down America’s throat...

It's free-market capitalism. I thought this was the much-vaunted ideal?