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How can you say you're the only one with "enough confirmation"? :) By the time you have enough information, so will everyone else, and I'm sure that's the best time to fade the move. I don't know how best to say this, but you need to weigh the odds in your favor by simply front-running your...

Angle alone is not of much use IMO. Better you use in conjunction with something else. Hence, I gave the angle for both channels, one for uptrend (1) and one for downtrend (2). Also Consider the slope betwen 4 and 5. Do they offer any predictive insights? Moreover, consider the width of the...

Oh, man, I'm totally speechless. We're talking about the high priest of NeoCon here. On a political spectrum, he would be like on the far right. I really think we're living in the end times. Shit like this ain't suppose to happen.

Well, if you would stop regurgitating that same old crap about EW, we wouldn't need to be bored or let alone reply to it. Ever thought about that? But whatever. Carry on with your newfound discovery of irony.

For reference.

Thank god you're not in the investment newsletter business. Imagine you telling your investors, "well, hmm, I can foresee the stock moving both up and down. We'll just have to wait and find out." :sneaky:

Suppose you're really good at detecting reversals. You nail them tops and bottoms every single time. But is that enough to consistently make money? No. You don't know if price will reverse into a tranding range and chop on you for the next 3 hours. So the question is how would you know if it...

Story in every bar? Trade in every bar? Pussy talk. There are only money in every bar. :sneaky:

wanker-ism #n When you post you know what the market is doing, it is often irrelevant. :sneaky::D

Agree. Haven't seen a good pullback yet.

This thread is for those who want to kick ideas around on the topic of trend and range, especially how to differentiate between the two early in the cycle so that you can take advange of it. It's a fascinating topic, and one that will make you filthy rich if you are able to crack the code...

Well, how much did you make today? Uh-huh, yeah right. Obviously, you know nothing about PA. Dude, just go away.

Hey, thx for the video. Might i suggest you draw trendlines inside the range. I think that would have saved you from a lot of those needless whipsaws. Otherwise, fine trading, sir. Also loved the sound of that Southern twang lol.

Wow, that's the corniest song I've heard ever. Why doesn't Costco come up with something original like that? BTW I mostly get my shit from Costco, but whatever else I need I get it from Kroger.

Ahh, those AI whores (sorry for the language) :sneaky: In any case, does monitoring MORE give you an edge (higher predictive value, for example) over watching just one? Personally, I haven't found any. When I used to do this earlier in my career, it only made me doubt myself (analysis payralysis).

What's m7? BTW my point is that you wouldn't have known why price reversed just by looking at NQ.

So it's one man's manipulation, that simple. Everyone knows GME would have gone out of business by now had it not been for Gill and his minions. But what I don't understand is you obviously don't like BTC fetish, but you don't find GME fetish objectionable. What say you to that, Mr. Hypocrite?

This morning 5M of ES/NQ. As you can see, ES retraced up to the previous level. But NQ is in no-man's land. This is what I've observed in the past. Certainly, not always but enough that I just stick to ES. In that regard, whenever I trade NQ, I often look at ES to make the trade.

I only look at ES. They all pretty much move alike anyway. One thing I have noted, however, is that when there is a reversal, I can usually spot the reason (eg. support level) on ES but not on others. They don't line up like in the ES. Just my 2-cents, might be different for others.

End of the month?? At this rate, I wouldn't be surprised if it gets taken out next week. I don't believe this is just a minor correction like the ones in April and July. I think this could actually be the start of a full-fleged bear market. When this is all said and done, we could be looking at...