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I didn't realize you were talking about a system (software). Thought it was something else. It's good that you are a man of principles.

With all due to respect, it is because you have not explained what the basis is for your posts. Why would anyone do anything here except read something they do not understand. I think the quality here is far superior to Moneytec. The educational value certainly is. Be an educator not a...

I find all this information very informative. I do not know what the pros are doing. I would like to add my take. Price made a double bottom on a key fibo level of the 50% retracement of the move from apporx 8970-9500. This was also a key long term MA. Clear as mud, I think. Long. Crowd...

Would be nice if you could share some thoughts/methods of your mentor.

I don't understand your second trade?? Did you decide to enter when the sto turned down on the 3M pullback? Why didn't you enter on the divergence in the DT? I would only enter on this pullback if a trend of 5 or more points preceded it or maybe it was going to bounce off an MA. Just...

I couldn't help myself. This was on MSN. Guess I am not in heaven. 16:15 ET Dow -6.66 at 9333.79, Nasdaq +11.49 at 1782.14, S&P +0.06 at 996.79: [BRIEFING.COM] It was trader heaven today as volatility reigned supreme and the indices spent the bulk of the day chopping around...

Unless something really stands out, I will probably not post any trades until after the holiday. This action is too fast for me, going fishing.

Forgot to post this.

Get short right now. Doji at major fibo resistance Forgot to put the smiley face on this post.:p

Double Bottom bounce at a major fibo level.

TS - Did you take the trade in the ES or NQ? What prompted you to enter at this point?

Just to muddy things up here. Anybody stretch a fibo across the run down. 50% retracement is around 988. This is also the top of the channel at present. Look for a signal down here if it materializes. Leonardo

Are you saying you have not been filled??

I hope we can all hang out here and help each other. There is a lot to learn from each other. I'm a type "A" also. It is essential that we take the most favorable setups according to our ability. The 1 minute chart puts me in sort of "hyper" gear and sometimes clouds my ability to reason...

There is just not enough to support the trade down for me. ES only has a couple points down to low of the day and it may bounce into a buy signal. Dog days of August.

Good Call JD. Ah brings back memories. The old VTDB. Feel free to post your thoughts on these trades. Don't worry about being wrong. Let's discuss them. I will help if I can. I think you made the right call not to take this. To many things against you. If one was looking for 1 point...

Try to explain your thoughts on this at some point.

I always find it interesting how financial news is handled differently than my hometown paper. Here in anytown, USA we take the slightest of bad things and make negative headline news out of it. With financial news, it is always made to look good not bad. There is always good found in it...

One thing I do on a trend day is drop down to the 1M chart and look for signals that are supported by the 5M chart. For me, a trend in price is defined as a move of 50 or more points in the DOW with at least 1 pullback and in the ES a move of 5 points or more with 1 pullback. Today in the...

I am always learning and experimenting. In my world, it goes..... If it ain't broke, fix it. I have plotted the YM 233 tick and the ES 233 tick. I will watch it. Looks very interesting. Much different to me and may have some merit. You have to read the "DaVinci Code" to understand...