Search results

Reversion to mean cannot be stand alone method, it must be complemented by other methods like trend following or reversal method.

It is my impressiont that you are not using time based charts .Why is the Time a key factor when you are using volume charts ?

I do, but you are just not getting it. I don't mean that you are not smart enough, it's that you are not on that level yet . So you cannot understand how come I know something when you don't .

What I meant was that YOU think about how it is possible that I know .

Think about it a little .

I take this one. practitioners of advanced TA are not posting their methods so unless you are involved in top class organization, you will never know more then generic and vague description. On this site practitioners of advanced," modern" TA are Pabst, Man, Spike, myself and few lurkers...

Because it can be done , makes trading fun and saves a ton of the screen time.

Stop what you are doing asap. Try to papertrade stock indexes then move to emini's. If you have 30K account, papertrade ETF's profitable, then swing trade it .It loks like you are better fitted to trade indexes or eminis .

I am not going to tell you how I do it but take a look at DJI about 10:45 and then 15:10 eastern time tomorrow.

Cannot be done precisely, on average, closest you will get is about 3% of the price. Only thing which can be predicted is the time when price will stop trending or reverse .

Yahoo is a bad example. Gapped down big time , for the reason. You must wait for yahoo to establish some kind of range at this level. Only way to play yahoo safely now is to sell puts at strike you would like to own it. If it goes to your strike you will be assigned and own it on better price...

How do you change your own self concept ? Would you explain what it is, why we should change it and what steps should be taken to change it ?

You must do your search for a brief consolidations and following BO on 10 or 5 min charts, 1hour is useless for that. It is futile when you are not using proper method for recent market conditions. I do not know what your method is but if it does not work for you, then you must change it...

When I was working ( while ago )at brokerage in Miami, there were people very closely involved with developing what is now top Trading Software. They were testing new ideas daily and since then I have an access to best back testing available anywhere. I have also developed best...

Agree 100% , but if you are using what you have posted to trade real money, you will need it. If you do it as a research you will learn , sooner or later, that parallel channels do not work better then coin toss . I am just trying to save you some time. Good luck,

Guys, There is no way you can be profitable if your entries are based on weekly charts. ( unless you are a Morgan Stanley ). You also have to consider the age of the information you are using. Lot of changes in the price behaviour in the past 5 years. IMO ,this is no way to draw trendlines ...

Or you can learn how to forecast markets and filter out bad entries.

Is it possible to extend right side of the charts so I have blank next day grid ? Or couple of hours ?

Trade only QQQQ till you know what you doing.