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  1. J

    step away from the "chop!"...

    what is swing trading?
  2. J

    The Stochastic Indicator

    Okay Right after entry we focus on volume. We do a prorata continuing assessment to determing if it is sustained, increasing of decreasing. It has to keep rolling along to continue the price action. If it doesn't then a failure will occur. You go to the 1 min as well. This lets you see...
  3. J

    The Stochastic Indicator

    As you approach the intersection......... Okay. Seriously. You are looking at the market in a very astute manner. Our context is this: We are trading plateaux by plateaux. We get the drill down completely on that plateaux and as we look ahead we see the scramble we have to make over...
  4. J

    The Stochastic Indicator

    Precisely the thing to do. You will be slaloming in a few weeks. Count on it. The wash trade is the most important trade in the world. From it you learn that you are in charge of everything. When you deal with it just like dring to and from a stop sign, the world is yours financially...
  5. J

    The Stochastic Indicator

    excellent
  6. J

    step away from the "chop!"...

    So don't keep us in suspence??
  7. J

    step away from the "chop!"...

    Sorry BO means Breakout. I'll try to use ( ) more often for first mention.
  8. J

    step away from the "chop!"...

    Okay. We lost the congestion (a lateral channel to make points in continually by whiplashing others; I call it slaloming using the periodicty and the known amplitude.) when the volume dropped into the 15K to 12K range per 5 min. You can see up to now there is an odd harmonic there. this...
  9. J

    step away from the "chop!"...

    It's easy to recap but that doesn't give you a real look at how to tell as it unfolds. Today was a replay of the 11, and 14th. What I used to deal with today on the ESmini Was largely the MACD and Volume. My MACD is set for 5,13,6 and I operate on the 5 min nominally. I move to the...
  10. J

    step away from the "chop!"...

    Do you want it in detail?? Let me know.
  11. J

    The Stochastic Indicator

    It was an absolutely lousey day except for formations. The formations were classic and worth saving. Congestion to convergence to centering and a bracket failure to BO. The volume continually declined to centering. The light unsustained volume was a perfect BO failure. For experts it...
  12. J

    Inside the Industry - Chat w/ Don Bright

    Having a parochial preference seems to fit. What do you think about getting the band rolling on the suggestions I made a while back??
  13. J

    Inside the Industry - Chat w/ Don Bright

    Thanks. Sounds like a fun situation. If i were there if might be a little scary.
  14. J

    Inside the Industry - Chat w/ Don Bright

    The average person that has been recruited by Don, Trained somewhere by someone and under what must be some kind of contract with the small company and going to the trading room on a daily basis to do the prop thing. Making a 1,000 bucks a day seems like something anyone day trading would be...
  15. J

    Inside the Industry - Chat w/ Don Bright

    Thanks so much for your comments. It looks like the series 7 covers the bases for Don etc. I am just easing into learning about the prop stuff. I would say at this point that i don't have a clue as yet. The processes you are describing for ramping up to doing it full time are fairly...
  16. J

    I am really in need of Some Advice...

    ....your long lost son, TM_DIRECT...DAD!!!! I LOVE YOU MAN!!:D :D [/B] lol... it was a fun series here..... If i were looking to relocate for trading purposes (away from Tucson where trading is a half day deal), I would pick Singapore. I did the Swiss thing (Zurich suburb) which is...
  17. J

    Teaching a teenager to trade

    lol...just go the free route. I would give him a computer. It will branch from there. Research and record keeping. And monitoring using extensions of himself for observing and drawing conclusions. Luckily everthing about market theory is orderly and undertandable to young people. I...
  18. J

    PATTERNS -- So These REALLY Work???

    Thanks for your comments. I will try to get an attachment for You. The computer I am posting from didn't have what you want on it. I think I could describe the primary value that it has in the meantime until I locate a floppy or file. There are subsets of patterns that relate to...
  19. J

    Inside the Industry - Chat w/ Don Bright

    You know the staff there as you say. It is organized as a small business as you perceive it too. Who is their technical expert? Have they documented their operating practices to enable a person to see where the risks come to rest? During the period that you did what you did, was there...
  20. J

    Inside the Industry - Chat w/ Don Bright

    I'm open to seeing if anything improves in ET. It's tough place for regular people apparently. Don's focus seems to be on his non-alais and whatever it is that he does as a job. Apparently he is not a full time trader. I check the voice stuff once in a while and apparently it doesn't do...
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