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I like how surf keeps dodging your posts, RCG :D

Hence why you are back with a new method?

Yeah no sense in trading the final hour. Nothing ever happens then.

LOL!!

It's time to trade using TA!! :D

I don't know the desk's performance metrics but he's been the head of the desk for at least several years now and he works for a firm that everyone here knows. I would imagine if they weren't doing well, he'd be gone by now.

I personally know the head of a HFT desk at a major firm in NYC and we had dinner several months ago and we were talking about HFT and he TOLD me that they use TA as a component of their algo's strat.

Seems to be a common theme in this thread

That's a big IF :D

I'll bring the beer! :D

Just lazy people who think the market is totally random just because they haven't figured out a way to consistently profit from it. Typical defense mechanism.

I already told you some pages ago how my method uses objective entries, based on bar's OHLC in a certain sequence. Once I have that sequence, I use A, B and C criteria. If those ALSO align, in combination with the OHLC sequence a trade is placed. 100% objective and non random. But this system...

If you learned how to read the mkts, you wouldn't HAVE to believe. You would know it's possible because you would see it with your own eyes. But why do that, you have your price drivers strategy. You should just focus on that, don't you think?

Why is this concept so hard for people to understand? It seems people are afraid to admit they use TA I suppose.

You said so yourself: http://www.elitetrader.com/vb/showthread.php?s=&threadid=247038&perpage=6&pagenumber=9 "Yeah, I hear you. It wasn`t a true special situation in the traditional sense of the term. thanks, surf" One can only surmise that you didn't follow your price driver...

He is bragging in other threads about these trades, and calling them "before the fact" trades.

Yup, Surf is using TECHNICAL ANALYSIS but is ashamed to admit it :D

I just checked your journal, one of your trades wasn't a PRICE DRIVER trade. Another shoot from the hip type trade I'm sure. Anyways, to my point, I'm not going to sit here and tell you YOUR approach is wrong when I do not know enough about it and haven't tested it myself. That's just me, I...

the price driver method as DEFINED by marketsurfer is what i am referring to.

I've never seen "price drivers" work but if you have been trading it successfully for years (and are not trying to sell me anything), then I would not get on a soap box and proclaim you are lying. I understand there are ways to make money that I am clueless about and that's why I only stick to...