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Respectfully noted. Maybe there isn't much that can be done right now, meaning that to solve problems a country has to go through bad times, before it starts getting better. Delaying the inevitable will just create a bigger storm. If small problems are not solved they normally lead to bigger...

Well because US probably pays other countries to have radar/missile bases in their countries. People's thinking is manipulated via media, so majority do believe that it is for their own good. If US wasn't entangled in so much debt, then maybe I wouldn't be that bothered, but I can't help but...

Wrong 99% ImPO, because trends warrant longer term profits, countertrend trading makes quick money. The key is not to lead, but to join the tsunami.

I believe an ultimate way to trade is to multi-spread & learn how to take advantage of longer term chart's oscillations by reducing risk to an acceptable minimum. We all know it's possible via hindsight analyses, but only a few of us can actually do this concistently & not having to use huge...

Joab, I think we all ought to try & be more civil in how we address each other & if we all show gentlemanly behaviour on the Net that would speak volumes about us. A lot of us that lived to trade another day, week, year have been humbled by our egos, we are all at different levels experience &...

Here he answers questions, but the answers are just unacceptable to so many. It's ironic when truth is made out to be an unpatriotic form of expressing oneself. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/G7d_e9lrcZ8&hl=en&fs=1"></param><param...

Good post! ImPO it's not that RP hasn't got an opinion on what he thinks needs to be done, it's just that his opinions are way too radical for Wall Street. I believe his inability to comment could possibly have been to do with other factors apart from immediate suggestions he doesn't have a...

FED has owners, governors are just puppets ImPO.

Gee, are we running out of oil or what? Or is it USD which is causing all this bullshit?

Bernanke is not the FED, he just opens his mouth for them. So he is not cleaning anybody's mess, he is just a new spokesman for the FED.

Ron Paul is great, shame that majority of Americans just don't or don't want to understand what the hell he is talking about. If I was American he would have my vote. He speaks the truth, others just concentrate on how well they bullshit the crowd, they all treat Americans as a bunch of really...

Are you refering to why are we so green today? This is what I was looking at when going Long (another thread) 1) Market has been declining for ages without substantial retracement; 2) Histogram's formation suggested that bounce is near; 3) Wedges are one of the simplest ways to see slow...

1/3 b/e

Welcome back. Yes, I thought I made it clear that this would require multiple entries, I am not a magician :)

More than a couple, but true certainly requires patience. This is more of an experimental journal, I would like to prove to myself that it is possible to participate in larger moves using substantially smaller stops in practise, not in hindsight.

S1232.5 off 3, s~2. h/s+10 YM has a very well defined bearish intraday wedge Scaled out 2/3 +1.75 2pm H&S??

I made a typo. 2) L10898 not 10845 (-12)

Daily chart's histogram pointing to breakout move out of the wedge, no retracement for ages, this could be a good one. Holding position. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1997014>

<img src=http://www.nevblog.com/images/tailor-shop.jpg> :)

I just did a quick count & histogram has been below centreline for 50 days, that's 2.5 months.