Search results

  1. mikeriley

    EUR/USD strong support

    Is it subjective, or do we see what we've trained our eyes to see?
  2. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    I believe HFT is making markets more efficient.
  3. mikeriley

    EUR/USD strong support

    Weekly and daily charts show strong support between 1.0589 and 1.0595 It's hit this level on 5 occasions only to reverse. I'm confident those who trade this instrument know it could do nothing but go up at this point. HFT does not stop people from making money. Look at any major market, and...
  4. mikeriley

    The most efficient method of trading

    There's no less than a hundred books written on the subject. I recommend Planetary Harmonics of Speculative Markets by Larry Pesavento Knowledge is Power and Potential Profit, and we know "dumb" people rarely make consistent profits in the markets. Hence the term "Dumb Money".
  5. mikeriley

    The most efficient method of trading

    Sprout, I've read all of Russell's work! Now you're talking..haha I've read all his material and his Home study course in my Military days back in the 80's. That man was ahead of his time. Every one talks about Tesla, and Russell was his best friend. You're right on point about Felipe Tudela...
  6. mikeriley

    The most efficient method of trading

    Here's another angle on the number 5. Sokyu Honma, the 18th century Japanese rice farmer associated with Candlestick charts, developed the Sakata method that identifies 5 phases in the cyclic nature of market structure. 1. San Zan 2. San Sen 3. San Ku 4. San Pei 5. San Poh In my studies in...
  7. mikeriley

    The most efficient method of trading

    That's a very nice graphical representation of frequency/ sound waves that form musical scales/octaves. It's definitely all related. My mentor told me listening to classical music can help a trader stay in sync with the markets. I've tried it, but don't think it helped me.:cool:
  8. mikeriley

    The most efficient method of trading

    Hello Sprout, You can find Bradley Cowan's books at this website. Just type his name in the search box. https://sacredtraders.com I studied the square of 12 also. But I'm not convinced the Egyptians built the pyramids. I think those structures were already there before their era.
  9. mikeriley

    The most efficient method of trading

    I formulate which phase a cycle is in through unifying price and time as a single unit. On the quantum level there is no separation of time and price, and therefore move as one unit. Nothing against Mr Gann, but his teaching was too complex for me. I actually learned more from teachers who used...
  10. mikeriley

    The most efficient method of trading

    Very astute gentleman by the name of Bradley Cowan took Gann's teaching to the next level. His books are on Amazon..I think
  11. mikeriley

    The most efficient method of trading

    Mr. Gann called it the Tunnel through the Air :)
  12. mikeriley

    The most efficient method of trading

    You make a valid point. Depends also what an edge is based upon. If you know 90% of traders refuse to follow a certain tactic for optimizing profit, then it's highly unlikely to lose that edge. Also, imagine if one's edge is based upon the cyclic nature of markets. If the market never ends...
  13. mikeriley

    The most efficient method of trading

    That's very interesting stewbacca. My edge is the plain-ole adding contracts when market moves in my favor. Sometimes it's just intensive and conscientious practice based upon mentorship, study, research, and analysis until a trader/investor finds what works.
  14. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    Blue lines are based on Patterns. Just Google Harmonic Patterns for many websites that showcase them. I was taught a mirror technique to clone a line, and use it as possible direction and price target. Technically it's a technique to clone a portion of a cyclic time-action. Line on top is the...
  15. mikeriley

    1 man who moves the market

    I love the fact every time Fed Chair Powell speaks he moves the market. I've never read or follow what he says, but love when he speaks. Who else was waiting for him to talk?
  16. mikeriley

    POST Some CHART Images in THUMBNAIL Format Right Here, Baby.

    Every time Fed Chairman Powell speaks he moves the market.
  17. mikeriley

    Beginners Guide

    Sir, you have no idea what you're talking about. I've been to his room several times, and he TRADES LIVE EVERY DAY. in REAL TIME His track record can be seen every day. ( all time stamped) All you have to do his pull up a chart and follow his trades. Wow
  18. mikeriley

    Beginners Guide

    Visit this website, the Live Trading link is on the top right. (yes, it's FREE) https://tradertom.com (He's the real deal) Read all the resources on his website, especially his training manuals. (All of which is FREE) To your trading success.
  19. mikeriley

    Thomas Lee, Private-Equity Pioneer, Struggled to Reprise Early Successes

    I'm not surprised he's standing in front of a Mona Lisa. Even a replica cost millions of dollars. This level of success likes to express their wealth through Art. R.I.P.
  20. mikeriley

    Are you good at price action and technical analysis?

    Not sure I understand your reasoning since all markets are moved by time. A type of price chart does not move price, all prices are in harmonic relationships and attuned to time, because human nature, emotional/behavioral activity in the markets are moved by time.
Back
Top