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I've just twigged as to the meaning of your name:) I started looking through the info on The Generals a while ago but didn't complete it so I need to have another look and try to filter out the relevant bits. I got the impression from various posts that we need to understand what The...

3, of course :D, yes I can count, sometimes images don't immediately load and can be missed. Obviously you are using BDX just to illustrate a few points rather than as any form of recommendation to trade. I won't be doing any trading on Monday, just hoping my stops hold, no internet access...

By saying "Volatility has dampened down now" I mean't that on the hourly chart of BDX the ranges of the bars are diminishing and settling down following events on Thursday.

Maybe this will cause a more significant rise on Monday, back up above the green zone. It will be interesting to see how markets react: "The leaders hope to have the new European Stabilisation Mechanism, which would have up to 70bn euros at its disposal, in place before markets open on Monday...

Ah, should have realised its good old BDX. Oddly, I recall thinking last night that it wasn't BDX, the second glass of wine may have contributed to that view. The second picture is a 1 hour chart of BDX, the large red bar spiking down almost to the bottom of the green area coincides with the...

Hi Te, Its nice to see that the signal to noise ratio is improving on this thread. I don't know what the stock is, and I presume its a monthly chart to allow the levels to be seen. The driving force behind stocks falling is the Greek debt, and possibly spain and Portugal having...

TFI Friday, so I can catch up on some sleep, until Monday when it all starts again. Strange week, a mega glitch on US stocks, didn't affect me as I don't have any, Greek debt which knocked UK stocks, and a UK general election with a hung parliament, no outright winner. All bad things. One of...

Thnks MK for pointing out its a monthly chart and your later comments and also those of oldareg. I'm not sure or the rules defining how the boxes are drawn but the boxes seem to be defining the levels that TE often refers to. My take on this is, the prior breakout is due to instituitional...

BE = Brain & Eye

You are certainly living up to your stated "Occupation" as being a "Professional Procrastinator". From Wikipedia: The psychological causes of procrastination vary greatly, but generally surround issues of anxiety, low sense of self-worth, and a self-defeating mentality. Procrastinators are...

Hi TE, Are you saying that one day you were looking at a chart and you suddenly realised that there is a simple relationship between intraday bars and levels set up on a higher time frame that enabled you to predict (better than random chance) where the price action would go that day? At that...

Now, now girls,...could I suggest a fight to the death with handbags at dawn.... theres way too much squabbling going on here.:D :D :D

One more thing, the gap down on 22nd would have stopped out long trades on 20th, producing panic. The gap down on 29th would have stopped out long trades on 28th with tight stops, it just looks malicious with the previous green bar, at least with hindsight. Smart money preying on the retail...

I was shooting from the hip before as its obviously not an intraday chart. Its a daily chart showing 3 levels, I'd have thought a more logical place for the bottom one would be at 76.0 which is at the bottom of 3 bars, a support/demand area. The top of the WRB is testing supply which was...

A wide range bar followed by a narrow range bar. Go short with a tight SL above the NRB, not sure about target though. I had just been reading: http://tradermike.net/2006/10/narrow_range_bars_range_contraction/

I expect that TE may well be watching SpongeBob :) right now so I'll give my slant on TA and why I doubt its usefulness. This a brief summary of a post I did in another forum. To test and find the best combination of various traditional TA methods I produced my own program for simulating a...

I saw the title of the thread and a strange sense of Deja vu came over me! Hi TE, it was tss42 who let me know you came here, so I thought I'd better become a member. Its interesting the way this thread is going, similar to the one on t2w. People's views seem to polarize into two two...