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  1. W

    Predicting randomness

    There is several methods I know of that one can use to predict WHEN in the future is the greatest possibility that s/r or other important price level will get established. You can find examoles of it in my posts on " Nasdaq cycles " thread. PS; look closer on NDX100 around13:20est today and...
  2. W

    Predicting randomness

    Price cannot be projected forward with any meaningful accuracy. Time when important price level will be established can be projected forward.
  3. W

    Openning Day trading office in Orlando

    I would suggest Longwood, Altamonte Springs or Lake Mary close to I-4 location instead of Orlando. Getting there is a hassle.
  4. W

    Nasdaq cycles.

    Well, instead of a gap down opening we got quick decline and then nice runup. Watch the action around 11;15 and 11:50est.
  5. W

    Cant break in this business

    I think it is the only way to go. Even if you know how to trade. I am a top level analyst and without references, nobody would talk to me. If I was seeking position with some fund that is.
  6. W

    Here is why the market will tank.. huge divergence

    Important cycle will be completed around 12-20-05, that is why there is no clear direction. If price is to be significantly higher, 107 must be touched within a week, if not, strength is not there .
  7. W

    Nasdaq cycles.

    It happened right on time . This might be future support where short positions will be established. Today you should pay attention around 11:00 and14:45est I am still waiting for a gap down open this week.
  8. W

    Nasdaq cycles.

    Those of you who drew trendline from 10:30est level got almost exact morning low ( day is not over yet ). Tomorrow , Wed, there will be a junction of several short term cycles around 13:20est . It looks like that really important price level will be established there .
  9. W

    Toad's Experience

    1/ I think that 20% is out of this world return( I would like to learn that method )You should have stick with that . 2/ If you can trade options like that , you can trade anything. You just do not have a proper method. There is no need to even have a panic button. What you need is a...
  10. W

    Nasdaq cycles.

    Monday around10:30 est will mark another cycle completion in NAZ 100. I think that selloff will start around 1640 on Tuesday 11-8 past 13:00est. If there is no top formed by 15:00 est, I would exit on close. I just smell gap down from that area. Do not forget to draw trendlines from posted...
  11. W

    Nasdaq cycles.

    Intraday cycle will be completed around 11:30 est . NAZ 100 still has a room to go up , top is about 20 point higher. Do not forget end of the year rallies are here .
  12. W

    Predicting randomness

    1/Predicting direction accurately is possible especially on short time frames. 2/ Just looking at the pattern exclusively is not the right thing to do.
  13. W

    Does Anyone Use Trend Lines To Signal Exit Points? And Can they be automated?

    1/ Not just that , trendlines can identify dominant price levels 2/ I am light years ahead of Jack as far as trendlines go.. There is no paralel whatsoever.
  14. W

    Does Anyone Use Trend Lines To Signal Exit Points? And Can they be automated?

    You are definitely on the right track by using trendlines. You can built a whole methodology ( entries, stops and exits ,)using trendlines exclusively. You can also use trendlines to identify contractions and breakouts ahead of time . Because you are using 2 and 4 hr charts for trendlines...
  15. W

    Daytrading based soley on technicals in nyse is stupid...

    You must be right, you have looked at nearly everything. Thanks for the laughter.
  16. W

    Nasdaq cycles.

    If you drew trendline based on yesterday post you would get very nice bounce of it . Try to do the same tomorrow around 14:15est. Find close top or bottom which is within 15 min away , draw trendline and you will see trading opportunity when price come close to trendline you drew. I recommend...
  17. W

    Steve Osborne's Journal

    Steve Do you plan to use spreds or just strangle ?
  18. W

    System Development with acrary

    This comment is meant for general public. Crossover systems will generally do well when traded intraday, not so good when traded of daily prices. By substituting different filters based on the most recent action of the chosen market, you can use their basic rules( idea ) forever. If I were...
  19. W

    Nasdaq cycles.

    Next intraday cycle for Naz100 will be completed tomorrow around 13;15 est. I have received couple of emails like " what the... we should do with it to trade it ? Well, at the time posted you look for the closest significant point( high or low ) and draw horizontal trendline and when prize...
  20. W

    Nasdaq cycles.

    Bottom came around 1:30est so for tomorrow I expect same delay for Thursday. I would get out of long on Friday if there is a top formed early and 5 day indicators are diverging. Trendlines are still holdig up ,I feel it is a time to slowly get out of long positions.
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