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I don't know what his problem is, but obviously things are not going well in his trading, or life etc. Maybe he is short from january or march lows, and is really feeling the heat. The market will move when it's ready to move. Whether that is now, or two months from now, no one really...

I'm only following the conventions of pnf. I'm sure you can use anything you deem worthy. Just remember though, the lower the number the more whipsaws you will have.

2% per box with a three box reversal.

Get off your high horse. A little knowledge may be a dangerous thing, but thinking your experience makes you better is worse. Have you ever heard that experience is only good up to a point? Let's see, so based on your theory, someone who has traded since 1982 is better than someone who...

It has broken through a 5 year trend line, and it's relative strength as compared to the s&p is going through the roof.

I rarely trade stocks below 5.00 but it looks to me like you will get that breakout. IMO it has an excellent chance to make it to 4-4.25 range.

No I use pnf for price targets. To be perfectly honest the first target came out to 25 with a secondary target at 19, but the primary target was so close to yours I didn't want to post it.

So if you really believe this why not trade along with them?

The chart has been right for 5 years. I'll take a 5 year trend over the yo-yo predictions on where the market is headed based on other forms of analysis. and btw, I didn't say IT MUST BE RIGHT. I said " I " as in me, will not be concerned until that trendline breaks. I don't give a rats...

19

I added one more comment on the hal chart. With all pnf price projections it is absolutely essential that you do not use a new target until the old one was reached or obviously failed (bullish support line failure). New price targets should not be developed until a new trend is in place, or a...

Here is a chart of Hal with current and some previous price targets.

Since I am working with different targets now I will only explain the targets I am now using. There are two types of targets in Pnf. Vertical and Horizontal. I personally never have had success with vertical targets. A vertical target is computed after the column of a new pnf signal has...

Presidents Lincoln and Kennedy were assassinated. Lincoln's secretary was named Kennedy, and Kennedy's secretary was named Lincoln. Coincidence? Maybe, but I'm not taking any chances. I have a list of the secretaries of all important people who were killed. Before I hire a secretary I...

This is definitely a work-in-progess. It is very difficult for me to shoot for 6 points and higher daytrading when I have been shooting for 1.5-3 points for over a year. The psychological barriers watching a 3 point gain turn to breakeven is difficult for me. Even trading multiple contracts...

The beginning is always a good place to start. When you believe you are finished with your journey try to make sure you are at your final destination.

I understand what you are saying about a possible manifestation, but I believe that is a totally different character flaw not derived from competitiveness. When you are competitive you have the drive to develop whatever skills are necessary to be able to compete at a level of your choosing...

I understand what you are saying about a possible manifestation, but I believe that is a totally different character flaw not derived from competitiveness. When you are competitive you have the drive to develop whatever skills are necessary to be able to compete at a level of your choosing...

LOL, oh good, since I didn't say which instrument I can always come back and find something trading at that level. Maybe the naz or gold.

I love going down on beaver.