Search results

Well, if that is what you wish to believe, that's OK too. What it sounds like is that you subscribe to random walk. Market turns are random. Market direction is not. Indicators, properly set, separate direction from noise. Best Regards Oddi

I rarely post anymore, but this is relevant. I use one indicator. Avg True Range. Markets move a certain rate. Traders lose because they cannot pinpoint the speed of a market. People short into a raging bull market, because they "think" that it is overbought. There is no such thing...

I am sorry for that Bearbelly. I am truly a lousy teacher and I always make the erroneous assumption that I am talking to a mirror of myself, instead of to another person. It was proof to me based on all the reading and trading I have done, although I have never traded this particular...

At approximately the 1:30 mark in the video Jack discusses this amazing phenomenon. Later he discusses the STR/ SQU phenomenon. This video proves that SCT is quite real and can be done with due diligence. The development of sports memory and this information will definitely do the...

Spyder, It is year four for me with Hershey. His methods have transformed my trading entirely. The Camtasia of 8/24/06 is a very important video. It shows the YM leading the ES very clearly, as well as many other things. Thank You for having the fortitude to do this for the third year...

It's the new DAS sheet that I am looking for. That is the only thing I am missing, except for foible's program. That was a near record response Spyder, I wish other customer service was that way:) Best Regards and Happy New Year Oddi

Spyder, The link to the excel spreadsheet that Jack uses in the 24Aug2006 Camtasia is not on the last page of Journal One. The link I found to foibles Java jar file is apparently broken. I do not need the online WealthLab links. Can someone please help? Best Regards Oddi

Foible, I need the jar file for your screening program, or I need the latest screening program written by this outstanding group. I got a new notebook for christmas and I am trying to get things moved. Best Regards Oddi

Okay, since we are buried in snow here in the midwest, I have been able to learn that as yields go up, bond prices go down. It also looks like you trade bonds in a futures mode. It looks like the march contract, ZN something or another is the dominant contract. WHERE can I get the...

It's time for me to tackle the bond market. It is a very large market, and I need a good starting point. Any suggestions or threads would be helpful. Best Regards Oddi

Think about it in ticks, and then think about it in quarters. Of course I am not posting to convince anyone of anything, I have outgrown that. Best Regards Oddi

For the ES, the last time I checked, I use one four day/ bar chart and one two day/ bar chart. Teleb is right, the markets are random in that no one knows when they will turn, but buyers and sellers buy and sell for very specific reasons, this makes the markets non-random. Trends can be...

If I could, I would. But then I would have use the combined methods of my three greatest mentors to get to the point. The best I can do is say the price will theoretically move a certain distance within a certain amount of time. Calibrate your chart to this and the noise gets taken out...

Surf, I have been doing some work correlating price to time. If you find the correct frame of time, it will remove the noise and the trend becomes visible. You can use a smaller timeframe to trade the now visible trend. To borrow the words of another great trader, price will continue to...

Happy Thanksgiving:D Prof it is good to see that you are still teaching:) Best Regards Oddi

I am concerned about the dynamics of this challenge to the all time high of the Dow. The SPX and NQ were both higher previously, and gold was lower. Is this a double top? Is it time to short heavily? Best Regards Oddi

7 The more important the situation is, the more probably you forget an essential thing that you remembered a moment ago Finnish original: Mitä tärkeämmästä tilanteesta on kysymys, sitä todennäköisemmin unohdat olennaisen asian. jonka muistit hetki sitten. Similarly to law 6, this...

This is why Jack is doing his job. Korpela's First Corollary: If nobody barks at you, your message did not get through Lack of negative feedback is often presented as indicating that communication was successful. Au contraire, it really means you failed miserably. Since communication...

This is one corrolary that specifically applies to traders. 2 If a message can be interpreted in several ways, it will be interpreted in a manner that maximizes the damage This Murphyistic remark is a warning about the very real possibility that ambiguities will be resolved in just the way...

Communication usually fails, except by accident. http://www.cs.tut.fi/~jkorpela/wiio.html This is an attempt to bring traders to the table for constructive dialog on how to better transmit and recieve ideas if it is possible. Best Regards Oddi