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$100 to $200 is too high. I spend $9/mo on SierraCharts plus my cable connection. Less than $50 all told.

What causes the price to change is the willingness of one side or the other to meet the price that's on the table. The quantity in and of itself is not necessarily relevant, though it can be.

A transaction is reflected in price. A "pending" order is not. Do you have evidence to support your last statement?

If prices were driven more by sell orders -- supply -- than by buy orders -- demand (or the reverse), then this is a restatement of what I just said. As for future movement being influenced by pending orders, not unless a transaction takes place, which is a further manifestation of the...

Makes even more sense to judge S/D by the effect of trading activity (volume) on price and by the movement of price itself.

Consider Vad Graifer at realitytrader.com.

Apparently, courtesy is no longer de rigeur . . .

You might have a point if everyone were using the same MAs and the same MA settings and the same MACD settings and understood what all of it was measuring. Otherwise, demonstrating that any of this has anything to do with supply and demand would be a difficult task.

There's an entire forum at t2w devoted to PV (a sub-forum under TA): http://www.trade2win.com/boards/forumdisplay.php?f=158

I don't know about "exercises", but the first question you have to ask yourself is whether or not you care what the result of the trade is. If you do, then ask yourself why. Perhaps you have not yet accepted the fact of loss, that not every trade is going to be a winner, that whatever you feel...

The last time he made a self-promotion effort, it was $300/hour: http://www.elitetrader.com/vb/showthread.php?s=&threadid=19717

Exactly. Teaching someone how to develop a trading system is distinct from teaching somebody how to trade, particularly if the "teacher" is teaching his own system. There are a number of good sources for learning how to create a system. But before I go to the time and trouble and...

Are you now or have you ever been a paid subscriber? If so, for how long? If not, how do you know whether they are consistently profitable traders or not?

Just wondering, where is the rush of paid subscribers who think BF is just great? Can't he find any to post?

Actually, they are, more or less. But they don't all see the same thing.

It's hindsight only if you don't know what to look for. Simple principles applied consistently will help the trader see what's in front of him rather than what he wants to be there. If you'd like to post a chart of Enron at its top, I'll be happy to show you what I'm talking about.

You're beginning with some assumptions about the purpose of TA that are not necessarily true. However, if you're looking for further reading, I suggest The Disciplined Trader and Trading in the Zone, both by Douglas.

This may be the problem. Do you just "feel" that it works? Or do you "know" that it works? If the latter, what do you mean by "know"? You say you read Douglas, but did you go through the process he detailed? Did you define and test your setup? Did you forward-test it? Paper trade it? Do you...

I thought it was a joke until I saw the eBay listing. Even so, this has unimaginably funny, God help me . . .

I'm more concerned about the "jackpeople" who went bust . . . If spydertrader is successful, his success most likely has much more to do with spydertrader than it does with "the method".