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Goyim couldn't trade with total foreknowledge because it would take balls too big to overcome the risk.

Goyim, I agree if you trade NQ. After all, "channels work in all time frames and for all instruments with sufficient liquidity." I'd love to see you trade on my turf. It ain't nearly as pretty and ponderous as ES. But you may not think I lived up to my part of the bargain, as not all people you...

Sorry, didn't mean to condescend. It is fascinating to me that in NQ the occasions channels most often work to the tick is in bear and bull flags. Re volume filters to enhance FTT detection, IMO that is ridiculous on a five minute chart. And in any event they would do better to base FTT...

Goyim, I am sure that all of ET would thrill to a journal of real-time SCT trades. They would prefer it from Jack, but you'd make a suitable proxy.

Sorry, it wasn't a post meant for anybody but Jack. He's an old sparky like me, and knows what a radar A-scope is. Has nothing to do with trading. The point is that IF he is successful enough to cause index future MMs to make noticeably less profit, then they will fade SCT. Grudgingly, I have to...

Ah, dear Jack, finally a quantitative quote one can nail you on: "...it continually extracts almost every drop available." Now being literal-minded, "every drop" means to me taking all the limit order traders' money. Yet day after day I see that collectively they continue to make the...

The attached from today's NQ once again demonstrates my point. I will say no more because ET doesn't fucking deserve it. What you DO deserve is Jack Hershey.

Well, the spittle has sufficiently dried on everyone's screens so I may sanitarily continue with my solemn mission: to educate SCT traders as to the errors of their ways. To wit: Error #7: DRAWING TRENDS FROM THE "RIGHT SIDE" ONLY. On many days (typically narrow range) it is advantageous...

Thanks for the comments, guys, and for your explanation, Duke.

WTF you watching the DOM for (obviously I am not a fan)?

NQ spread is 7 ticks. I am watching because I am thinking of trading outside RMH, but not at this time of night. After 3 AM ET when European markets open seems to offer slow tradeable low spread trends occasionally.

Duke, using T&S is like trying to read a newspaper on the side of the track from a speeding train. You setting volume thresholds to make that practical?

rcj, I have been idly watching NQ. The spread is waaaay too big for the action to suck me in.

Been in cash and physical gold since February.

BB, does my '02 Sonata count as grand? I has a sunroof.

Well, shit then, you need to start a thread in Journals. Something that simple has got to be good. Let me tell you how stupid I am: 29 potential S/R levels 7 indications of "rocking along" (what Jack calls continuation) 16 indications of excessive enthusiasm (what Jack calls...

It was thirty years ago, Dolly. Before he moved to where you can't yacht, except in your bathtub. Trust me, Jack never lies. He does exaggerate a teensie tad. He calls a book what you and I would at best call a monograph or pamphlet. And he is wont to claim he is running a charitable event when...

What's this? A civil dialogue on ET? Not permitted. I can count the number of times in the last five years people have talked about how they REALLY trade on fingers and toes. I am always interested in how complex other people's systems are. I currently monitor 52 things on my chart (I know, I...

Thanks. Sounds like it's close to my fastest alpha filter estimator, which is equivalent to an 8 period EMA. E-Signal doesn't do triangular, so I'll have to code it up. Don't get me started on five minute. The Jack thing again. If you don't look at 15 minute, you might try it. Pivots tend...

Indeed, rcj, the Allegory of the Cave still has much to teach us about trading two and a half millenia afterward.