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Hi Bill, Your back, hurrah! Anyway great thread. I re-read it late last night and had a couple of questions. If only I could remember them now. <doh> Only goes to show burning the midnight oil can be counter productive. On the subject of why this "works" I thing there is a fundamental...

Try Wave59

http://www.bbc.co.uk/radio4/drivenbyoil/pip/krpen/ Might intrest you guys. Listened to it yesterday in the car and quite enjoyed it. Seems well researched. The link is episode one which gets the 'experts' opinions on peak oil. Next week (monday) will be looking at the efect of Chinas arival...

A belated post on the weekend topic. Refcos futures accounts where never at risk (all the others where), I know I had one. In fact there was not a single point in time where I couldn't transfer out (or so I was lead to believe). Trading futures intraday, 1-5% a day seems reasonable (maybe...

Hi Jimmy, Agree with just about all you said not so sure about this one. (though each to there own of course). One of the anictodes I like from reminiscences is the guy who goes to the wise old trader and says I can't sleep I am carrying 50,000 bales of cotton and am worried that its going to...

Sticking with what you know makes great sense. Having said that most markets seem to have multiple personality disorder! Recognising which personality is in control helps. I think probably different markets can share these broader personalities with subtle differences. More on topic the DAX...

FrostEngine of course!

After a fair amount of trawling through old threads I could not find where you described how to set the 'centre line' and Break Out channel after CCC. The former seems straightforward (in the centre perhaps?) however the latter I guess requires a bit of finesse so to be clear of any residule...

Hey NZD do you use Japan open as your calculation point for days close? gmt+30mins I think. Just wondering in case I ever decide to trade currencies. Cheers.

Hi Andy, Any chance you can post the link to the actual chart rather than the area? Being a lazy cuss I tend to give up trying to find it rather quickly! Hows Joe nowadays btw? Do you keep in quite close touch. Cheers, Nick.

Never Tried the FTSE but they seem to be pretty OK on the DAX. Having said that I guess its not the lines that matter its how you monitor whats going on at the line. Of course you do get the normal shenanigans that you get around any well known level. Personally I think there is some...

Yesterdays action reminded me of something I meant to throw into the mix. Sometimes (often) the pivots (I'm including S1/R1 etc here) are 'respected'. What I mean is price moves 'crisply' from them if they hold and it is quickly rejected. Likewise if there is a retest it is fairly crisp too...

While CW may not quite be an oxymoron I'm not sure anyone is likely to become wise through following convention. Personally things became much better for me when I sat down and wrote down what I thought where fundamental market 'truths'. Basing beliefs on fundamental truths seems to make...

There is some fascinating stuff here thanks. What is the usual action on ftt? Reverse I would guess. What Is a CW? maybe a derogative of some sort? Thanks again, Nick.

Hi Gary, That helps clarify thanks, it was sorta what I had assumed. I don't think its good to assume anything when it comes to trading, actually not a bad general philosophy. I've got another tricky one (question) for you but I'll save that for later, its late here. Cheers, nick.

Hi 4RE, Forgive me for bringing this up again but I wondered if you might have missed my post about re-entries this morning. Over 50 posts today and its already pages back! A testament to the popularity of the thread...

Hello 4RE and all, Spent some time Sunday going through this thread (only got to about page 20 however!) One thing I am not completely clear on is how you are dealing with subsequent trades after the initial break out. For example after a breakdown will you take a breakout back above the...

Perhaps people get too hung up on the pattern rather than the underlying 'sentiment' that the pattern represents. Its just another way of looking at price action. What I see in romiks chart is price in a small boxy range the top is tested and that price is quickly rejected. I guess some...

I know you have proprietary bits to your platform. Have you though of pulling them out and coding them as scripts rather than in the 'core'? Tht way you could release the platform bit as open source and keep your proprietary bits safe. I guess you must have considered that and rejected the...

Absolutely. Something I have suffered from for an eternity - pretty much just how you described it. Still not on top of it despite trading profitably day to day. For me its fear based with a pinch of ego (wanting to be 'right' even though we all know its about probability rather than...