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This thread is for people who believe channels work. If you don't believe trend lines or channels work, please refrain from commenting. My goal of this thread is to see what other traders opinions on why channels and trend lines work. I can't rationally think why trend channels contain price...

Is there a place where one can find pictures of the set A,B,C, and D that you are referring to?

Ditto. I would be very interested in going down this path but need to start with the abbreviations and acronyms. I would love to come to Tuscon some time also but that is probably just happy wishing. Nice to see you ND...been a long time since we use to hang in the chatroom!

Can one know before hand if you are seeing a FBO or is it always after the fact. I find it gets messy as price approaches the right trend line. Usually, one is already in the trade as it approaches the RTL. 2 examples of a RTL FBO is EXP and FSLR from a couple days ago. IF I am drawing in the...

I use the MACD. It incorporates 2 moving averages of different lengths. When divergence ends and convergence begins, this is the beginning of the overlap of trends. The overlap of a down trend to an uptrend or uptrend to a downtrend. As the overlap begins, congestion sets in, so you can trade...

I dont understand why one would want to know which is the worst for trading divergences. Wouldnt one want to know which indicator is the best for trading divergences? I use the MACD. It incorporates 2 moving averages of different lengths. When divergence ends and convergence begins, this is...

William J Oneil and Break Out

Both are similar in terms of which stocks to invest in....primarily fundamentally sound stocks that are strong performers price wise. In terms of which method to "follow", I would suggest reading everything you can get your hands on for both of them. Then work on your timing. First get in on...

I appreciate the reply. I know what you mean with just using stuff that helps and not suing stuff that can mess up something working. I am always trying to improve. I was pretty much asking how to enter on Pt1s rather than Pt3s of new IT long trends. In the end, entering on pt 3s are working...

Thanks for your reply. As you suggest, 6 months from now, when I look at your reply, hopefully the answers will present themselves. As of right now, half of it is over my head. I do really appreciate the help though.

This post may be confusing as it covers a lot of questions and different focuses. Lets say that I work full time and it took me 6 months to double my capital. Lets also assume that this is using SSR. My current trading skill only allows me to enter inverted head and shoulders/rounded saucers...

I find it interesting. Seems more like history repeating itself regarding 2 left shoulders followed by 2 right shoulders rather than predicting. The left shoulders took about 7 years while the right shoulders and VE are going to happen in a time frame of about 4 years. Therefore, seems like...

Still keeping hopes up for a pending document. Also, any possibility of doing a real time pvt journal?

If you have time, could you elaborate on the depression context. Now that we have traded above pt 1 on the indexes, where does that leave us in the big picture? Is the inverted saucer no longer in play and instead of a depression, are we entering a period similiar to the 70s...stagflation? TIA

Thanks for the Picture. Sorry for the late reply. Been studying for the DAT. Anyway, back to trading. The left side of the cup is a down intermediate term trend while the right side of the cup is the up intermediate term trend. The goal is to enter on pullbacks as the right side of the cup is...

I hope you dont mind me giving my view of how I use the PVAD in the quality stocks you trade. The best way would be to give you an example. Imagine a cup with handle formation. This happens on any time frame. I just prefer the daily timeframe for intermediate term trends. The right side of the...

You emphasized a quality universe multiple times and It seems that this is the lynch pin of PVT consistency. I was wondering if you could go over the fundamental analysis of what constitutes a quality universe. Thanks.

Thanks for the reply ND. Like you, I started with TA and primarily scalping and migrated to using FA as my main basis of stock picking and TA for my timing. Since FA is a broad subject, I am more specifically focusing on earnings trends. For position trading, this has made a big difference in...

This thread is geared to those successfully making consistent money swing trading stocks. Do you focus more on TA or FA. While reading any of the Stock Market Wizards interviews, It seems like almost all either strictly use FA or a combination of FA and TA. Therefore, it seems more important...

I have noticed this happens often as you say. I just use the first ST non dom traverse of the new IT long trend(usually within the cup) that has just gotten underway to get ready for the BO. Thanks for the reply.