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Was a systems engineer: GNC, seekers. Retired early, had enough of open plan office environments.

If long, then the min low of the previous two bars is my stop, vice versa for short. Pick the best entries consistent with that stop condition. Take whatever profit presents itself before it evaporates too much, don't hold out for preset arbitrary targets.

Presumably thats a typo (fiend - an evil spirit or demon). Roughly, a trend is a series of price moves in the same direction. The trend on the higher time frame determines trade bias. A trade is placed when there is anticipation of price moving - trending over successive bars. Price breaking...

To sum up this thread for many::cool:

in the UK I think its best to avoid spreadbetting accounts if possible and just pay CGT. They are marketed as being tax free on profits, which sounds wonderful. Infact the tax is built into the increased spread which is present regardless of win or lose. So effectively a spreadbetting account...

Well as no one else has responded. The target is when you would close out and gives a line in the sand when to take action and thus avoid the indicision of mental hand wringing? But the long or short targets would be different if a different method was choosen to evaluate the O-L mean or O-H...

Before we start training our cats to do something or to stop doing something, we need to look at how cats learn. They don't understand English, they can't read books or attend lectures. They learn by experience. If the experience is good, they will try to repeat it. If the experience is...

Not true, it was explained clearly to me: http://www.elitetrader.com/et/index.php?threads/either-its-1-or-0.298785/page-5#post-4264407

No, it is your own personal HUD used to guide your thinking and actions.

I think that MACH(1,10,infinity) are better parameters if you really want to use the indicator.

I don't grasp what J_S is on about apart from counting is good

Instead of using chartgame to experiment with TA it would be better to use it without TA as a tool to test your own internal biases. If you loose consistently it shows incorrectly biased thinking.

I don't know what 2DHLB is, but PG had NRB yesterday and expanded a bit today. MRK had NRB today too so will watch what happens tomorrow.

Why PFE? It is in the Dow 30 but ADR is low. In Dow 30 both V and MSFT currently have NRB with ADR>50c by my calcs, so better choice?

Not a good idea as taking the derivative of noisy measurements increases noise and therefore uncertainty.

So you think that using a MACD to indicate the fuel level in the tank would be a good idea then?

Well a little finger could point out something obvious, but what is obvious to me may not be so clear to others and perhaps it isn't what you intended anyway, so its best not for me to say, not wishing to interfere. Regards.

I did see your post saying you intended to get him banned, basically because he is a con man. But if the mods delete your posts and don't back you up then the gullible who get sucked into his world are stuffed.

Not so, I don't even think in terms of "mean". In fact "reversion to the mean" is a misconception, its an utter nonsense despite what you may think. Its no more valid than the popular misconception of "centrifugal force" which doesn't physically exist, but it is a term in common usage. Not...