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Surf, seems your theory about bots giving traders a hard time is wrong. Humans have beat them since '08. http://www.bloomberg.com/news/2013-07-23/humans-beating-robots-most-since-08-as-trends-shift-currencies.html

No, that is not what he tested and he didn't prove anything. You're just out bashing TA and have no idea. As I have mentioned to you before: Tharp had access to a profitable system and they replaced the entry logic with "random entries". Using various MM rules they could "prove" the system...

Price is continuous. Bars are just a convenient way to package price movement over time. Why do you think a wick is important? Because price was rejected during your choice of bar interval? :p

According to the website her name is Alla Peters. According to the website her affiliates (remember Marketsurfer is one) get a 30% commission on all sales. Education is $3200 or so, mentoring is $6900 or so. How is this not stealth vendoring...?

Yet you are an affiliate of hers? So you're advertising her stuff that is targeting beginners but not sure it's valid?

Come on, enough stealth vendoring already! Marketsurfer is affiliated with that gal and promotes her services which means he earns for every client that signs up. From the looks of it Ol'Yella is Marketsurfer... or affiliated with surf. And by the way, Surf comes down hard on the TA...

Why do people insist that NoD, Cornix and others do a "combine"? Why insist on a combine for anyone? Topstep Trader (the guys behind the combine) have really succeeded in creating hype and are getting a lot of free marketing on ET and other forums. They're really just another vendor.

:eek: ... is that a boner bar?

I agree with wrbtrader - this thread belongs in chit-chat. May I suggest that any future thread started by surf automatically be moved to chit-chat? He's clearly not here to provide value but "entertainment".

Sorry to hear about your loss. Good luck in your future endeavors. Don't forget to have this journal closed - don't leave it as an open playground for the hecklers.

Cornix does not live in Europe and he does not work during the day to trade part-time at night. You got your facts wrong. :p

I don't know if you are aware of it, but you won't be able to store images at the SC servers indefinitely. Eventually you'll have to delete old images to make room for new ones. I don't know what the current limit is. When I ran into it it was in the hundreds or so. This fine journal will...

No :p Go have a baby will you. And good luck with the move and everything.

That is an opinion and not a fact. You can never prove it's impossible to learn TA and use it for consistently profitable trading. For starters, it's almost impossible to define what TA is. With your reasoning it is also impossible to prove that TA can be profitable. Even if I say I know...

:eek: That means all my friends are imaginary?

So you know the truth. Everyone that use TA to trade profitably are either lying or self deluded? This is so condescending. :confused:

Trendlines are not necessarily subjective. For an objective definition, see DeMarks New Market Timing Techniques. Or if you prefer to have someone decipher that into plain english, check out the same definition in Schwagers On Futures: Technical Analysis, chapter 3, Trends. I think that everyone...

I think you have some subset of "lines" in mind? You don't catch setups for continuations with your thought experiment (at least not in the same TF as your chart). Isn't this just betting on RTM which may or may not work...? :p

You'll have to ask ProfLogic about that. My understanding is that there isn't anything "magical" about it. Let say you need 10 series of charts, you could pick 10, 100, 1000, 10000 etc, or go with 7, 7*7, 7*7*7 etc like PL. Based on a prime number and maybe his backtests showed that to be a good...

The comment on the volume bar size settings that ProfLogic uses is taken out of context. His strategy involves several charts that provides a fractal view of the market. The size of the volume bars (fractals) are chosen so that a faster chart provides a "good" magnification of movements in a...