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You ever notice that when swing trading your trading plan you make 2-3 days before the market turn, and 4 days + before the move is the most accurate and best for timing the top/bottom? In daytrading it's totally different... The best trading plan on a 1 minute chart is usually the one you...

There is however a way a new system of trading could come to be... We simply get together the biggest trading firms and traders in this market... Then decide upon a new pattern of market manipulation. This pattern style was created back in the 1930's or so... So getting all the pro traders to...

Tom Demark? Never heard of him... Here is a quote from George Taylor... "The book trader simply follows the trend of prices as they are recorded in his book and the book more or less records the rhythm of the market for Buying, Selling, and Short Selling and once into this swing it records...

What are the reversal counts you ask? The reversal counts are the confirmed buy candles. The two at the market turn that are key to judging how long a move will last. Unless we get some serious gains out of the gate tomorrow it's heading toward a black Friday/Monday scenario... The...

I see a lot of idiots on ET shorting or going long right into the face of a 1-2 count on the reversal... It's quite hilarious. Your odds of getting trapped and stopped by the market when trying to fade trend during the reversal counts is 95%+... The market doesn't like to just go up or...

To judge the strength of a move... I look at the first two confirmation candles of a move... This is why I am skeptical of this market making it anywhere this week. This move has been very weak so far. I ain't buying nothing until another pullback cycle... Or possibly more. This is a...

I use to have a general rule of thumb that a bull market correction lasts two weeks... While it's true the main selloff is two weeks... If you count with my current engulf reversal rules it's generally always a three week or five week move. I am kind of opinionated that this monthly...

Hmmm, actually... Looking over my waveforms I am seeing quite a few exact 8 counts. Fibonacci number sequence 3, 5, 8 Honestly I don't think the eight count is very useful for trading... If you buy a bottom your going to take profits at the reliable three count always and if it's a strong...

The only numbers I have noted of large importance are 3 and 5. Edit: Just looked back through the charts... Counts of 8 and 13 are not repetitive and visible in the market so I deem them unimportant. The 3-5 and the doubling of the 5 count are quite commonly seen continually. Btw, some...

Note... Candle counting only works to analyze market strength on the timeframes that the game is being played on. 5m, 15m, Hourly, Daily, Weekly, and Monthly. Those are the only timeframes where this matters. The rest don't have these precision cycle rules.

These same candle counting techniques even work on the fifteen minute and hourly... Buying engulfing candles works as a technical signal... You just have to figure out how many candles to hold the trade and where the key resistance targets are. I don't trade like that. I buy the bottoms or...

The market won't necessarily ALWAYS bottom or top at the 4-5 count, but it will attempt to. The price activity around the 6-7th count in a strong daily trend cycle is extremely important and tells you a lot about the market strength. The increased precision which the market follows the proper...

I realized that one of the key techniques I use to judge the market is just candle counting... So I tossed the counts up on my candles... (Yes, I am just too lazy to count so I need an indicator for it. :D) Everyone knows the market moves in 3-5 day cycles... It also follows similar...

Wall street is the home of ego and big swinging di*ks. It's not a bad thing. It's part of the culture. Love it or leave it. :D

It's not HFT programs. It's buy/sell accumulation distribution alogo's... And, yes... I have found two different ways to detect them. It's quite stupidly simple actually. You just need to take a very close look at $Tick data and Bid/Ask volume ratios... I am against it though. You...

Thats exactly why you never tell anyone your positions. It's like telling others your cards in a game of poker... Beyond stupid! :D

Ah, a mentally blocked one. :D Feel so sorry for you... So sorry. :( Oh you get my pity poor soul!!!

People who use these systems don't usually take into account news catalysts and the fundamentals that drive the market cycles. Wave cycles can't just drive themselves unlike most e-wavers and etc think... There are events that kick start the patterns... The main key things that have kick...

Likely have this one key thing missing from their understanding... Price itself is a "Trending Oscillator". :cool: How do you take advantage of that? Buy at the oscillator lows and sell at the highs, or vice versa with trend... Exactly why I give away secrets idiots I have no idea... Even...

Cramer... Heh heh heh... Blew up his hedge fund spending too much money manipulating the overnight futures up and down...