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Do not ask me how it works or why but I suppose it's because it shows what the underlying trend for the day is. Like anything it is subject to failure and whipsaws but with a little filter you could trade off this chart alone just fine.

http://www.barchart.com/chart.php?sym=%24TRIN&style=technical&p=I&d=M&x=90&y=7&im=3&sd=&ed=&size=M&log=0&t=BAR&v=0&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=#jump I suck at teaching. But if anyone is interested have a look at the TRIN charts at...

Now that was one puny, bounce. Almost a non-bounce. BB spoke and now we choke. It looks like we do go to 1250. Now for the short-time highly leveraged it is always a question of timing isn't it? I am out of fresh clues and am going on vacation for a month but today's close looked freakin'...

Funny but today the media made the same comment "Oversold Rally" until Bernanke spoke then back to the usual selling. From his speech hint---read between the lines---hint----"No way in hell we're gonna let this market meltdown even if that means wholesale annihilation of the dollar." I...

TRIN (The ARMS Index) kept me outta trouble insofar as my predisposition was to buy. But with TRIN rising-----the index is inverse to price---buying would have been a bad move. In fact once we were above 1.5 we were solidly into "trend Day territory given we never corrected back the the...

I don't have a set threshold, that is 2.5-3 for program selling and 0.5 for program buying. The key is the value coming to the baseline where a balance exists, which is 1.0. If the buying/selling doesn't "correct" to the mean then you might be looking at a trend day. There are other rules...

A friend married a great women who was all business. She said "Trader, huh?" After they dated for awhile she said show me your statements. Then she said marry me but if you start choking you're getting a real job. True.

:D :D :D

We'll see how it opens on Sunday night but it looks like we're ready for a bounce here. I do not think we go crashing toward 1250 just yet. Sitting on the terra firma of 1295-1300. There's wobble at these bigger support levels as equities reverberate and arb between cash, etf's, futures and...

Depends. Vanilla charting and execution yes. But if you have any custom studies which are using tick data to update and chart then you can use CPU power. A dual cpu motherboard with at least 2x pcie x 16 slots will give you flexibility to adapt as hardware ages. If you buy a mid-range CPU...

Somebody asked how to identify trend days. http://www.barchart.com/chart.php?sym=%24TRIN&style=technical&p=I&d=O&x=74&y=18&im=3&sd=&ed=&size=L&log=0&t=BAR&v=0&g=1&evnt=1&late=1&o1=&ho2=&o3=&sh=200&indicators=&addindicator=&submitted=1&fpage=&txtDate=#jump Have a look at TRIN. If you...

OK. Can you fill in with a little more advice. How? Thanks!!!:D

Scripted like a Broadway Production with a little ad lib like any good actor.

True. Like today after the "Mini spike meltdown". Buy it because after a few minutes it was clear support was solid at 1295/1300 and a retrace was inevitable.

OK. Thanks for the contribution. No one is selling anything here. The thread is free for Elite Traders. I do take issue with saying courses are worthless. I believe they are part of the path. I've learned something from every endeavor paid for or not. I also lost great sums by...

Vacation

OK. Great. Since you're profitable you must have learned something. I am trying to contribute because trading is the hardest yet easiest business in the world and I hope others do not give up but aspire to learn and progress. I do not think by cynically killing all the threads designed to...

I asked the moderators to remove your post. But yes, I told YOU specifically to short ES at the top and long the Euro 6E at the bottom. Why, because I know your type and to make a point which I am using now. Today both of those trades were highly successful. Now go away you're not a...

http://www.elitetrader.com/vb/attachment.php?s=&postid=3199377 Monthly charts show the real trend. Can't hide money flows on a monthly...