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Well, and now we know why it was not a clear cut call in Walther's scheme: because it was random as you proved... kidding :D

Two of them are close to my standard times: 10:30 and 11:30, 9:50 is close to the first half an hour close, so they look pretty convincingly. We'll see what happens... Thanks for posting.

or something...?

the other major call. It could have been played as a pullback for a max 2 pts on 1 min charts, but that was not as clear cut to me as the first call, because the pullback was pretty shallow, not even 38FR, but actually nothing better was possible at that time.

The first call was right on the money, +4 ES in a 7 pt range, not bad at all. Now the 10:15 one could have been played too for at least 5 pts, but I did not pull the trigger. I did not expect a strong reversal, although there was a strong CCI divergence and a slight stochastics divergence on 1...

Yeah, but curve fitting is never a good idea. I don't do it. A system should work with a broad array of values of its parameters and the fewer it has these parameters the better. A curve-fitted system that does not make money without curve fitting is a loser to me.

No, that does not have to be true at all, it may or may not be profitable. The lack of profitability in the past does not imply the lack of it in the future pretty much as the profitability in the past does not imply the profitability in the future. You will obviously choose a system that made...

Or at least it always helps to use such an art, by for instance minimizing the impact of the weaker points of the system if you can identify such.

Wow, I am really happy for you. I guess, I finally understood what Jack means by fractals, loosely, as he says. So let me explain this to the rest of the masses. The basic feature of the fractal is its self-similarity, that is the same structure appears in different scales. There is...

Smart, but you buy retracements on some sort of breakout too, say above or below some MA or a pivot. That's my method pretty much too, then I trail it with PSAR.

Keep it up. Stress free trading is not a bad idea at all.

Walther have been posting could be useful if only as a way to curb overtrading. Whether there is anything more to it remains to be seen, but since I myself spotted similar time coincidences I am certainly open to his method as it sometimes confirms mine. I guess we have also gained by being...

You can improve your entry by entering earlier utilizing price action techniques, then once you hit 34EMA you can ride it for a while until you see that the trend is about to change. Trends do not change that abruptly contrary to what some people may think and I believe that this is what Ed...

Sure, 10:00 can be important at times...

No, it's not any harder than identifying a reversal. You can do it by trial and error keeping your losses small and running your profits. It's more about money management than anything else. If you lose 3 times in a row but the fourth attempt makes you ten times you lost each time then you made...

This can be a problem if you trade only one market, but if you trade 7-8 or more then there is a high probability that there is always a trend that you can ride.

Thanks Walther. I will be watching them closely this time to see if I get my setups close to the times you predict. They are a bit different from my standard times based on statistical observations, although 10:50 comes close to 10:30 that I like to watch. The Yahoo group idea is...

Yeah, you are absolutely right, Moreover these are exactly the things that most programmers suck big time at, so calling them 'coders' is not wrong, IMO.

This depends on your timeframe as well. He is not a daytrader or even a swing trader. His timeframes are weeks to months. He does not have to catch bottoms or tops, it's enough that he catches 70% of the major trend.

Good points. A system cannot be based on just one indicator and even less so on its wrong interpretation.