Search results

One word, chop.

What will you use for target?

You can quickly formulate a golden cross death cross automated system and study the results, don't need a journal for it.

If traders concentrated on setups, which tend to be bi-directional, regards for overall directions would be less of a concern.

DB, Problem with your readers is that you are giving them the Church treatment, faith required, no proof. In hindsight everything was so obvious, so Wyckoff this Wyckoff that but for next week, next month, what would Wyckoff do ?

Not a trading story, but an investing one. When I was a little kid one of my neighbor's friends dad sadly passed away. He inherited a part of his patrimony, this was around the 80s, and in part of that patrimony there were thousand of shares of AAPL, IBM, and MSFT. To this day he has kept...

A synonym of prediction is anticipation and vice versa, don't be afraid of accepting that trading is prediction, seems to me you tricking yourself into thinking you arent, when you are, every trade is a prediction.

If I buy something I don't care if it goes up because the CEO farted underwater, as long as it goes up.

Definitely not a troll, and I will examine what you mentioned out of curiosity, but if someone asked me my market view for next week I would not hesitate or derail the topic, I will simply give my honest opinion.

So basically you can tell your readers and followers what they should have done in fast timeframes but not what they could do in slower ones ? You must agree it does sound a little shady.

Exit around 10.

Yes but if you can make decisions and react over 15min bars, you can surely make them on a closed market using daily or weekly bars. A chart will always be a chart regardless of bar time intervals.

He must be basing the trend on very large timeframes and using overbought conditions for shorts as he never shorts otherwise.

Just like I thought, thank you for the confirmation.

Hey DB, what's your take for next week in NQ, up or down ? :)

Havent done the computation but below this week' low seems safe (except for afterhours of course). If nasdaq takes this weeks low, game over for it's strong uptrend.

what's new? lol

News is already out though (market not impressed) http://www.marketwatch.com/story/senate-passes-measure-keeping-the-government-open-2013-09-27?siteid=bulletrss

NQ hit a trendline backtest and found some selling.

SPX 10min Down channel resistance not holding, perhaps a backtest of the red area.