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i take that back. i don't want to see an 85 pct sys. i want to improve mine. hehe

i still have to see that 85 percent system. intraday

ok, maybe not simple, but "minimal" should be a good word.

ok then, but do not forget we are talking about how relevant is "trend" for intraday trading and let's try to keep in mind the adage: Keep It Simple Stupid! I know that you can have many ways to optimize the notion of a trend, but what about basic things like using probable stop levels...

jack or no jack, his posts are pretty hi quality

wow. what a post! thanks cd well, i have come to this type of view because for several years, trying to keep it strictly intraday, i have found myself in a very limited risk:reward relationship because of the trading costs, trading 60-15-5 minute charts. the way i found this...

I do know quite well that everyone has his own method, and if I come to think about it.... this is not even a debate. If it was, we should all have had the same methods. How ignorant was I... Sheesh

everyone i appreciate your posts as this is intended to be a debate from which everyone can draw conclusions. however, i need to explain the guidelines of my methods in order for one to understand what i am talking about. no detail, just brief, rough lines: i trade intraday using S/R...

i appreciate the feedback spike. indeed, i might have been a little intolerant. i used to trade with the trend and found it very hard to stick to it in phases A and C. I do understand (might be just a little or might be more) what it means to follow a trend.

However, wide range bodies are greatly influenced by the timeframe you are operating in. If your market is moving slowly by default you have to look for wide range bars on higher timeframes, intraday, like 15, 20 or even 30 minute bars. If your market moves fast, 10 minutes should be...

WRB against the current trend, breaking a TomDemark trendline with at least one qualifier in place and also breaking a S/R level. Can it get any better!? :)

thanks JJ, as i said, there are other setups that involve breakouts from inside days, gaps up, down, irrespective of what phase one might percieve the trend to be in. one other major role besides the open in daytrading has been rightfully attributed to the placement of stops above/below the...

I will share with you something other traders have talked about and if you read Crabel's, Wyckoff's, Taylor's books you kinda get this feeling. If you daytrade (but even if you are a long term trader) there is no point in establishing a market trend and then trying to reveal it with the aid...

ahhahahahahahhaha "The profitability of Technical Analysis" Give me a friggin break!!!!! TA is not profitable, you as a trader are... This is really getting old. I promise to not debate this as it's really coming from the most lazy and stupid academics out there who find it really...

however, a breakout needs careful attention to something elite is talking about "Order Flow".

ProfitTakgFool: Not so. Depends on the range and the risk:reward. Also, not only range breakouts can be traded, but also breakouts from clusters of support/resistance when trendlines and horizontal S/R converge. Again, the range or cluster size is very important vs the target you are trading...

ok. good luck, but i don't relly see what your gain is out of this. i wouldn't do it even if i was payed money.

elite man: I understand where you come from and what you are trying to teach noobs, but trust me, this is a thing to discover themselves, through a lot of hard work and pain. You will only confuse the already brain damaged ones. Let alone attract animosity upon yourself.

and "mastering intuition" comes from many many years of trading strict rules in order to get the "feel" for price action.

order flow look man: The right words for the acronym are: Master Intuition not only Decisions. In my humble opinion. Indeed trading intuitively lets you brain do the trading and not some stupid dumb ass system. however if you act like an idiot therefore not mastering your...