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  1. L

    Price/Volume Relationship

    Guys, PL has posted the link to the thread that discusses volume bars in detail and the post -- and link -- has been quoted twice. At least read the thread before asking questions. LC
  2. L

    Another One Bites The Dust - Resume Help

    I have to go with marketbarometer and bluestreek on this one. Prying open the door is only a first step, but it's practically insurmountable for most, esp if they're new at job hunting. What really matters, though, is whether or not one can do the job. But one can't show what he can do until he...
  3. L

    Market Action Replay

    Sierra Charts also offers replay. Excellent for forward-testing. LC
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    A problem with Technical Analysis?

    To a technician, however, the "value" of a stock is whatever the buyer is willing to pay for it and the seller is willing to accept. By introducing fundamental notions of "value", you are enabling yourself to make the same errors that beginners have always made, e.g., averaging down, hanging on...
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    Question about chart posted (2)

    Sounds like you're very much into pattern and prediction, which would account for much of the confusion. In order to understand what's going on with a so-called "symmetrical triangle", you must understand why it forms. Price reaches a certain point, then begins making lower highs and higher...
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    A problem with Technical Analysis?

    It's not a problem with TA but with the technician. A chartist views "value" in a different way than a fundamentalist. If the trader is combining TA and FA, then he will be defining "value" in ways that likely are different from traditional TA and FA definitions. This is not, however, a...
  7. L

    does volume head price or price lead volume?

    Whether or not a "signal" is "generated" depends on the trader, what he's looking for and at, and how aggressive he is. Your arrow is the most aggressive entry: there's a potential selling climax and a buystop can be placed above those bars in the crook of the swing. Or one can buy at the first...
  8. L

    does volume head price or price lead volume?

    I wouldn't say he was missing half the picture. Rather he didn't subscribe to much of the nonsense that Hershey spouts. In any case, anyone who has any questions on the subject can simply go to t2w.com and ask him. LC
  9. L

    Books on Technical Analysis

    I agree about finding an older edition. These occasionally turn up on eBay. I got a fifth edition for only a few dollars. LC
  10. L

    I Blew Up - What Now?

    If you come from a wealthy family, don't get a cash advance, sell something, i.e., personal property of some sort. Losing $300 in electronic digits isn't going to mean anything. Losing $300 that you obtained by selling something material is more likely to make an impression. Or you may decide...
  11. L

    I Blew Up - What Now?

    You may want to look at his "It is IMPOSSIBLE to make money in the markets" thread . . . LC
  12. L

    Van Tharp Courses for Sale

    "Cassette". Sounds French. Must this "cassette" you speak of be played on French equipment? LC
  13. L

    trend following delusion shattered

    Sorry, but I missed your reply when it was made. Again, a "prime oscillation" is being defined as one which accompanies an ergodic which is > or < than 10? If so, your "aggressive" entry would have been "conservative" if the ergodic had moved above 10 at the same time? As for the "ultra...
  14. L

    Fear of a catastrophe - a permabear's complex

    Or at all. There hadn't been a higher low for a year. Why be long? LC
  15. L

    trend following delusion shattered

    Thank you. And what were the steps you went through to reach the conclusion that the first "aggressive entry" was a confirming oscillation of a Prime Trend Top? (I know it seems as though you've gone through all of this many times before, but this is a particularly good example, and it can...
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    trend following delusion shattered

    PL, Marketsurfer aside, I'm sure those who are trying to wrap their brains around your approach would be interested in what went through your mind when you entered the "aggressive reverses" on the ES chart you just posted, i.e., step one, step two. For example, I assume you began with your...
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    trend following delusion shattered

    And ProfLogic keeps bringing the thread back to center . . . :)
  18. L

    trend following delusion shattered

    This article by Raschke may be of interest: http://www.trade2win.com/knowledge/articles/general_articles/trend-days/
  19. L

    trend following delusion shattered

    Make that Never Ending Persecution and you'll be a lot closer. LC
  20. L

    Any Troubles with IB TWS 865?

    The upgrade issue is a new one. I had been using an old version because I wasn't interested in the upgrades. And I had had problems before with an upgrade, which is why I went back to an old version in the first place. This time, though, the upgrade was forced, and there's no reason why IB...
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