Search results

Thanks for the clarification on what you posted and what you think I should post. I'm oriented to TA and how it works for taking the market's offer. The rate of profit taking you are doing affords doubling capital every six days if profits are compounded and no profits are swept. I...

Its a play on words "getting lucky".

Take a look at the educational systems of the world. Learning to learn is withheld from most. Support of learning is withheld as well. As the workaround for this sad state is put in place, one major consequence will become very evident. New generations will have the ability to think...

Just quick comment on doing the rally attempt analysis. This analysis is one of the cornerstones of the IBD thinking. As started By WJO'N it is a V and P analysis on an economic and econometric level. This thread kinda epitimizes how foreign TA is to most people. Analysis is...

As you look at the three main moves of the depression and compare them to 1929, you get to see the pattern similarity. The first move down was following a "climax run" that ended an era. WJO'N in HTMMIS explains a climax run as the LAST run up on the LTL with some VE's going into th price...

No, quite the contrary. RN periodically ask me questions in this thread at his own initiative. He really covered the waterfront including questions on being in the market ALL the Time. He brought up how trading works and not losing while being in the market all the time. With respect...

Lets say you're not quite perfect. Bookmark your entry and do a wash reversal on the bookmark. A bookmark is a thick horizontal line @ your entry price. Now, lets do taking profits. You are watching and sensing the usual greed and fear. You are also making money all the time...

I have ten commandments on two tablets. I drop one on each foot and I'm raring to go.

NFA does "exempt" those who do not represent themselves as "pros". Filings do have to be made that "prove" a person is not a "pro". Filings occur via IB's and it is imcumbant on IB's to meet the periodicity and "exent". A lot of gaps are being closed on this stuff. So I was used to...

Rant? Be nice. You just got a few rules to glance at and discard. thoise horizontal lines of yours are TE level TA humor. No rant just a small comment. If you want to draw lines do TTL's and do BO trading. There is a funy thing about the market: it is offering to anyone who wants...

this thread is about two things. TE is explaining failing. I am a TA based trader who is the opposite of what TE thinks is the faact of the matter. Watch him blow me off with his precision critique of my TA failures. It is the nature of a thread to cave when I come in and take it over...

At this point we are in a non dom 2 to 3 in the traverse of the pt 3 to FTT of the Depression. It is like a repreave before the very intense third move after the end of the Bull retrace. Heck of a lot of hope out there. My schedule this week gets intense tomorrow AM. Surgery stuff in the...

so you see the pink m1 with a little ve spice. you make 4 points from 1075 to 1071 and reverse long on the usual rule for this. being long thru point 1, 2 and 3 on the green channel is what is up. An ftt comes next. we will knock off another 4 point plus on our 50 contracts. As chizo...

we come out of the volume daily trough. PACE is increasing (see incrasing peaks. Make it a rule to live by. What else. VE's on increasing PACE and volume. More rules to live by. Dual rules. THIS IS WHERE A BEGINNER TRADER ACCELERATES THE CHANNEL ANNOTATION. SEE THE STEEPER LINES...

oh got some short volume and we had to use rule 5: fanning. See that pink rtl and ltl get fanned? See the peakingshort volume on the FTT of the fanned channel? Its pink and in an ellipse. 1066 to 1060 for 6 points minus. Call it another 100 bucks on 50 contracts.

the bookmark is hit so a wash reversal is done to GET on the CORRCT SIDE OF THE MARKET. SO YOU ALWAYS BOOKMARK EACH REVERSAL AND SIMPLY WASH IF IT IS HIT BEFORE AN FTT OR BO OF THE RTL. We went long on 1061 and reversed @ 1065 on a VE that we on increasing volume. second use of this rule so...

we see the PACE of the market has gone down to the volume mid rang so we drop down to the sub sub anotating level and uold thru 3 moves on the sub sub level where we find an FTT or later a BO on the sub level. This is a run up from 1055 to 1061 6 points on 50 contracts is much more than...

as you see the short sub channel has a VE and the VE then closes outside the LTL and on increasing volume. We reverse and take a few more points from 1059 down to 1055. Another 100 plus bucks on the 50 contracts.

we annotate the sub of the channel and reverse on the sub Ftt or later on the BO of the sub rtl. Call it 1059 for 4 points. 50 contracts @ 4 points is 100 dollars plus.

So the carry over rtl from points 1 and 3 give a short RTL. A beginner picks off a BO trade after he open at 1055. This is a tough entry since you HAVE to draw a line and trade the FTT or later the BO. Note dominant volume; it black which refers to "long". We can do 20 trades today as...