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  1. J

    Objections to SCT

    Jack, "classical TA" is not "conventional orthodoxy". Maybe you don't remember coming out on the short end of debates with DBPhoenix, whose exit from here I dreadfully lament. The chart is littered with tests of S, R, BO, HOD, LOD, open, close, crowd entry, ad nauseam. Big fucking moneymakers...
  2. J

    Objections to SCT

    Hey, Jack, you're on trial here, not me. I only posted to show that none of your boys would have made a trade like that.
  3. J

    Objections to SCT

    Lurker, I recently took off my charts my beloved low volume indications and bad time of day restrictions. The way price moves midday now, you have to be a fool to arbitrarily stand aside. Was very painful to do that after using them for years.
  4. J

    Objections to SCT

    Thunderdog, thanks. I knew it might be the HOD, but one of my three independent "hold trade" indicators popped "exit". So I covered on concern that there might be a retrace to form a double top, a one-tick BO, or a close H&S. NQ so rarely makes a simple top like that that I said "Fuck it! Take a...
  5. J

    Objections to SCT

    No thanks. It would confuse you as badly as you confuse me. It has strange things on it. Support. Resistance. Excessive price change measures. Excessive volume measures. Sit-on-your-hands indicators (in OR out). Cyclicality. Turning point calculations (numbers, not eyeballs). Multiple trend...
  6. J

    Objections to SCT

    Uh, Jack, SCT works BETTER in one minute.
  7. J

    Objections to SCT

    Nice post, Spydertrader. I hoped you'd come back. To paraphrase Mick Jagger, "to get your fair shere of abuse".
  8. J

    Objections to SCT

    It was an execution report, dummy. Do you ever get those?
  9. J

    Objections to SCT

    OK, Jack, nobody defending yourself here but you, and you ain't doin' that great of a job. I take it from the overwhelming lack of response that nobody else here likes five minute charts for intraday trading for any other reason than orientation. We're walking...we're walking... Objection...
  10. J

    Objections to SCT

    Now I am not particularly proud of this trade. It was entered late and exited early, but no fucking way did SCT see it coming. I didn't want to trade the AM ratcheting (rat-shitting?) bear flag, so I waited patiently for the signals which triggered this trade. Times are Pacific, because as is...
  11. J

    Objections to SCT

    Well put, Thunderdog. I continually try to improve (read "complicate") what I do, and continually return to the basic system.
  12. J

    Objections to SCT

    Jack, just when I think you are a CFI, you go and mess up that impression by doing something like mentioning Julian Jaynes. FYI, I still have my bicamerality intact. Edit: I am so humiliated by your spot-on character assessment of me that I am just going to slink away.
  13. J

    Objections to SCT

    Lurker, curse you for making me go to my wife's Bible. I am a Pentateuch and Gospels man, myself, so I didn't know the reference right off. Very apt! I have an objection re "always-in" which is lower down on my list. Perhaps if you can overcome your boredom and hang with us a while I'll have...
  14. J

    Objections to SCT

    My brain was so addled by reading Jack's posts that I forgot to add the following sub-objection to #3: events which are crystal clear in a one minute chart typically show up 12 minutes or so later in a 5 minute. I HATE to WAIT!
  15. J

    Objections to SCT

    Lurker, thanks for your thoughtful and well-composed post. I (usually) enjoy your posts, all the more because there are so few of them. Do I take it that you are not supporting SCT in any way?
  16. J

    Objections to SCT

    Thanks, Jack. But you're moving a little too fast for this old man. I'm stuck for the moment on the stupidity of five minutes.
  17. J

    Objections to SCT

    "When the morning Looks like mid-day, Just get up And walk away!"
  18. J

    Objections to SCT

    Windwalker is not MY sockpuppet. Maybe if we all post they'll think we're not watching and move the market. So. I think if any millionaire SCT traders wanted to defend Jack they would have by now. By no means proof of a negative, however, because if I thought it worked I would slam it at...
  19. J

    Objections to SCT

    To all. Kindly desist from the name calling, or I will have no opportunity to make a rational case. While it IS telling that Jack manipulates all critical threads so that they degenerate, we are not going to continue that here. So far I have asserted that: 1) SCT does not have the claimed...
  20. J

    Objections to SCT

    Windwalker, if you are new and unbiased, be our referee. You'' be the only person on ET sans an opinion on Jack.
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