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As Jack is trying take us to higher level of trading, I thought this past post from 1999 is still one of the best. 'Monitor the volume. Ryan Jones is doing this; he sees that there is a lot of time taken to form his constant volume bars. He also notices that they are not as volatile as...

Rezo, Congratulation, you are doing great this year. Are you a systematic trader? I am a discretionary trader (scalping forex), but not other instruments. You have a gut to call trades in open forum, that is commandable. And, I apologize calling you a short term trader. Thanks.

I wish someone create a hedge fund, which only trade scalping method. It is the purest form of trading. Scientist is right that you can have 'no losing day' with scalping. Again, you have to find right instrument for scalping.

This is direct quote from eSignal website, where Joe Dinapoli wrote about how to use MACD and STOCH correct way, and it looks like similar to what Jack is teaching here other than rocket entry (slalom, iceburg). 'A Methodology for Using the DiNapoli Preferred Stochastic and the DiNapoli MACD...

You have to understand that the mkt is not in trend, it is range bound. So, it is better to play reversal or support/resistance of ob/os condition using stoch and keltner channel or trend lines. Also, it is better to use lower level for example - stoch reading (70) or (35) to enter rocket...

baggerlord, Have you tried Jack's system? If you know how to do correct way, please explain to us in simple english in one page. Originally, I was planning to write a angry post, but then decided if this guy is so smart let him explain to us what he is doing correct. I know he copied JR's...

So, tax cut did not stimulate the economy, government spending ( defense spending 1.7%) did. So, are we looking at bull trap? My suggestion to japan is, increase defense spending by 1000%, your economy will be alright. lol. Deficit is good for economy. Importing from China is good for...

Thanks for sharing with us.

Do not worry about other peoples' comments. If you believe that you are contributing honestly, then please continue do so. I wish we were in ancient greek era, when knowledge was shared. We should not provide fish on the plater, but teach them how to fish. And, there are many ways to skin the...

Mr. Robert Bauman- 'Buyer Beware: The Rallies are Rigged In the past few years there have only been three major long-term rallies. They began on September 17, 2001...July 24, 2002...and October 7, 2002... On each of these dates a number of curious events occurred... The markets...

Analysis Fri 7/25/03 Mov Avg-Exponential Indicator: Conventional Interpretation: Price is above the moving average so the trend is up. Additional Analysis: CAUTION: The market trend has changed direction. Now the trend is UP! Mov Avg 3 lines Indicator: Note: In evaluating the...

Rezo, If you read it carefully, I wrote 'more than 5 minutes' that means it could be 15 minutes or (10 min, 30 min, etc.). Now, you confirmed it.

Rezo, I know you trade from short term (more than 5 min chart), admitted in other forum that you were not successful in scalping forex (1 min or less). It does not mean, no one can do it, I am successful at scalping forex, and I do not use any indicator (ma or oscillator, etc), just...

I was always fascinated by the great winnings and losses of Victor Niederhoffer's career. So, here is a snippet of the article before his losses, but even in 1994, you can read where his position was on money management. Financial Trader Nov/Dec 1994 Volume One, Issue Eight, Page 18...

Hi marketsurfer, What is your averge drawdown for successful trade? For example, my drawdown is average 1.5% in forex last two years, and 1.80% for emini. Thanks manz.

His name is Mr. Livermore. Here is opinion about the markets, 'Direction is the inefficient equalizer within the markets structure. It is what the market does to find balance or temporary efficiency. Inefficiencies are relative imbalances and the information source that causes the market to...

Your method allright, if you are scalping. On the otherhand, if you are a scalper, you should have entered again when rebound failed. If you are a position trader, then you should have a predetermined exit strategy, like entering with 1.5% stoploss, then follow with trailing stop or 3 to 1...

when ema34 is flat!

Your posting is almost perfect I used *** to indicate my comments for your quick review "Jerome V. Braun" <jerome.braun@kmri.com> wrote in message news:wkemaat2rd.fsf@kmri.com... > Hi Jack! > > First, thank you very much for your answers. They > clarified the form for me greatly. > >...

My time frame is 1 to 5 minutes. I am a scalper, so, many scratch or wash trades, but more winning per day than loss. I hate draw down in the longer time frame. What are you going to do, when there are no pronounced trend?