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The Fearless Forecasters at traders-talk.com

I've heard of it and even read their little instruction manual online. But I think they've discountinued that software and gone with Aspen Res, which I've heard pretty decent things about though I haven't used it myself.

Last, but not least, YM. I may simply substitute ES for YM.

NQ

I saw this on another board and thought I'd replicate it here. Despite being full of strong, intelligent TA technicians, they were more often wrong than not. Too educated and too smart for their own good, depending on common and esoteric indicators alike despite both flying in the face of price...

My method beats your method. And I bet my dad could beat up your dad. :)

This is a different little graphic. Friday formed two distinct ranges. It brokedown following the news of a potential Kenyan bombing and formed a value range below 996.25.

Play off Yoda with music will you not.

ES

Russell 2000 futures POC will be taken at 449.40 instead of 456 as the volume difference is pratically negligble.

IBB

Method: To purchase securities/futures at the Point Of Control (ie the highest volume price in the given time frame) in an uptrending market as it retraces and pulls back to support. Rationale: The POC will oftentimes, even on an intraday timeframe, act as support/resistance. Value has been...

So why not just employ a "robo" broker? or an auto execution platform?

Can we say r a l l y if this is confirmed? I remember the 20 pt melt up in the ES when a dead-Saddam rumor hit the markets way back when. http://www.observer.co.uk/iraq/story/0,12239,982710,00.html

What would really be interesting are the ways that you shield your profits (ie expense everything like mad from the IRS, commodities favorable tax treatment, etc), how you treat your trading P/L as a business or as an indiviual, and how you turn your long/short term losses into a tax/business...

Intraday ATR on the same timeframe that you're trading from, taking into mind your maximum acceptable drawdown based on account equity size.

No its not. Still don't get it do you? There are no investors here. Even though one may utilize the same vehicle, by no means are traders and investors the same. There really is a reason why the IRS recognizes a separate class of businessmen known as traders as opposed to Joe Public citizen...

What's earnings? I don't know. What's P/E ratio? Dunno what that is either. Don't know, don't care. You are an investor. Not a trader, that is the fundamental difference and why this is really a waste of your time and ours. Do I really care about the condition of the US economy and where...

You know what's even better? Being up two weeks in a row. Yep, then blowing it all on the third.

Several people have requested resources on learning more about this method. The following makes good reading, especially the first two. Complete Market Profile™ Handbook, in Adobe Acrobat http://www.cbot.com/cbot/docs/handbook.pdf Audio presentation with powerpoint slides...