Search results

That's all fine, can't disagree with any of the above. All I can add is that there are calculated predictions or calculated risk vs profit based analyses. Like yourself I also do need some form of confirmation, but a lot of the time it's before reaction/momentum build up. I am a strong believer...

Just some quick replies to your post, which is cool: 1) reversal confirmation could be either on 1 minute or 10 minute charts, I would say a lot of the time picking tops/bottoms via 1 minute chart is more intuitive (if that's the right word as experience is essential), stops are way smaller...

MACD + histogram That's odd, result for 3rd lot shows 12.5 now, how did that happen?:confused: TY AS!

Hello ET, Thought it would be interesting to see how ET members's average manage to correctly interpret daily price action. I will attempt to post daily charts of SPX and if this becomes popular will continue with daily new thread polls. Have a nice weekend all! <img...

are you certain of that, I just looked at YM chart and lod is 13097 :confused:

3rd +12.5

Well managed trade!

I second that (to a certain degree), I'll explain why. It is a shame that you oppose classical TA as that exact TA on short term charts would enable you make better entries, nobody likes DDs :)

possible bullish close, caused by short covering/double bottom re-test of lod/histogram rising Long 3 Scald out 2 +11 Still holding 3rd long, near lod, short covering just might over power short sellers. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1596322>

TY! I deserve a nice stiff drink now down the local, you have a nice weekend guys ('n gals).

3rd +152.5

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1596206>

I think it looks well proper, could be better no doubt and price needs to re-test previous lows (or monthly current ones) ImO

Good stuff, nice to get a break for a change :) Could continue down soon. C'mon!

TY!

If you want OMNI, then you really should look here, that's how the pros do it. http://www.marketguidance.com/MIT/index2.html

Not taking long signal on 1 minute chart, but will take short as soon as histogram starts showing weakness. 7625 is average price target based on divergence, will most likely short there. missed it, hopefully that was just 1 leg short 3 scaled out 2 +9 3rd -1 Short 3 scaled...

Guten Morgen, 2 hour chart's histogram pointing to a re-test of 7500 and maybe more so. Also head and shoulder type formation in price action. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1595718>

I kind of thought that iPhone would not be able to live upto iPod's popularity, it's just a pimped up friggin blower after all, I suppose only minority getting their panties wet over this gadget.

Re - Long Euro FX I keep asking everybody about histogram divergence on the weekly chart, even though you trade trend now, don't you think that you might be coming in a bit late to the party being long Euro when weekly chart seems to be quite extended (according to histogram)? I don't seem to...