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this is the exact same same scenario as last week, if history is repeating itself we gonna have a move up sooner or later...

ym:s got high volume area at 10423, might function as resistence

previous high volume area around 1207,50, see if it breaks through

took the reversal but chickened out after +0,5p

the mathematical calculations behind the theory of relativity is very complicated, i know the basics but i´m glad i dont have to study it...

what easy means is of course that a system that everybody have access to will be traded to pieces (dont know the english expression but u know what i mean)...

I understand if jack don´t like it, but all the effort people at et are putting up to criticise each others trading strategies and ideas amuses me. You see men in tie on tv seriously analysing the market, and then u find out that the participants are like gossiping old ladies... :p

There are a lot of prosaic people everywhere. Having a degree in literature I appreciate Jacks posts, not only because I learn alot about the markets, but because they are written in a way so that you come to see more and more nuances every time you read them. He also has a lot to say about life...

txuk, thank you very much for the dictionary, helps out a lot for me. Can´t figure out what "gable roof" and "pro rata volume" is though, made a search on internet without finding any clarifing answers. Well, can´t learn everything the first day... Since the rest of u seems to trade es...

Hey txuk, I had the same problem as you in the beginning, just drawing channels in the short perspective, but looking at charts by easy and mak I think the rule is... hm how am I gonna explain this in english... I post a chart, and u can see how I use the cycle of the curve instead of bars...

Hey, I didn´t post any charts cause I had my hands full looking at the market, drawing lines, watching the charts by easy and mak - many thanks, it was very enlightening - also I had some very basic practical problems with the crappy charting program and my inexperience using the crappy...

they look correct to me, but i dont think im the right person to judge them... anyway, the more channels people post the better i think, makes it easier to learn how to draw them yourself

these volumecodes you´re using - b2b, r2r, x2x - what do they mean?

nice move, i caught 29p in the simulator... what a chicken i am papertrading... :)

yeah, exactly...

lol... actually noticed I was a bit vague. I wasn´t really meaning chop, I was more specifically thinking about a problem i got with the channels on a 5-minute chart. If you gonna follow grobs way of drawing them strict and then enter at the forth bar, it seems like price often has already...

danke, "do not change timeframe", rule nr. 457 /Stalker

Two things I´ve been thinking about - how to interpret volume? Seems to me that sometimes Ym can travel 50p up or down on low volume, sometimes a small move is made on high volume. I understand it´s important, but I just don´t know what to look for. Another thing, asked this before...

Hey, the creditcard thing was just a joke, or - let´s say I am surprised that people here are so helpfull. You might expect most traders to be selfish. Anyway, constantly learning from this forum. Edgehunter - when it comes to papertrading vs real money I think it depends on if u feel that...

Hey Mak, thanks for being willing to help out. I would really appreciate to see those charts. It was a bit difficult drawing the lines pretending that I couldn´t see the future. if you´re willing to put up the effort I think it would make things clearer to see how the channels progress step by...