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Use price to enter, not only is it faster, it's more reliable. Crazy A

Not at all, some strategies are easier than others to adopt and execute. However, the real deal is not. Crazy A

Based on personal experience approximately 5% after 3 years of mentorship. Do not underestimate the rare quality of proper psych required for this hard task. Crazy A

Useless. If you are a position trader you study daily and above. However, my definition of position trader is very different from swing trader. Crazy A

Not every price action only trader is successful. Don't make the assumption that understanding price action in the now is an easy task; it's far from easy, in fact, it's incredibly hard and time consuming. To understand price action you must first understand what makes the market technically...

The task is quite complicated as the backtest results are very much dependent on many factors, for instance time frames. On top of that market conditions play a tremendous role here, patterns don't work the same in the different market environments and the different instruments available...

Uploaded with ImageShack.us Thanks mate, there's your "Resistance". Crazy A

Scale out confirmed. Next target is 1400. Crazy A

Reducing my position from 1305 average by 50% at 1362.00 for hopefully a fill of +57.00 today or Sunday/Monday. Raising stop to 1289. Crazy A

Such statement is false. Technical analysis works except it stops working when strong fundamentals interfere. Another observation is that it is much more reliable with the trend than counter trend as strong trends know no support or resistance. Crazy A

Quick update my longs survived FOMC, nothing changed, no exits. Will keep holding positions. Crazy A

On the SPX monthly chart you can project the right shoulder using the return line of the last two major lows and the highs of the 2000 bubble. That's the area to get bearish. Crazy A

Previous positions remain intact. Willing to add higher now at 1310 and 1320 on any pullbacks. Targeting 1370. Crazy A

Quite the important mention. Having the mental fortitude to take this second attempt takes a while to master even as it's much easier to get the cheese as a second attempt. Crazy A

Still far from a potential top. There will be a strong test around 1375 SPX and then the price action will need to be examined to see how far we can proceed pass that. I suppose on a first test we retrace quite significantly there, then from there the second mouse will get the cheese...

That big chart double top, certainly looks like a double top gone wrong, it never materalized itself, in fact, it flat out failed. I expect that double top to eventually form a right shoulder and we are not there yet. Crazy A

What a great call. Not sure why people have a hard time giving credit in ET where credit is due. An ego thing maybe ? Good job ForexForex. Crazy A

It does not look like we are done going up. The main resistance is still upstairs, therefore, I will keep holding my accumulation, assuming this market knows what resistance is. Think the course of action has been laid down by the Fed crystal clear for the time being. Don't think Bernanke...

Definitely bullish across the board. Don't try to be a hero trying to beat the SP500 with major added risk just buy the indices and have sleep better at night while you beat the ridiculous bank rates that we currently have. Crazy A

Never had any luck calling tops in uptrend so I basically stopped doing so. Good luck to you. Crazy A