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Take profit at 1:22 CT at 2033.0

Long NQ M8 at 1:09 CT at 2023.5.

I think the time stamp starts when you open up the message window. Opened it at 12:49, time is now 12:51. Bad theory. All the time stamp supports is bogus after-the-fact calls. Five minutes off. I like that! Bogus calls coming up!

As I post, the time is exactly 12:48 CT.

Mudgins and Associates makes no claims to any client benefit other than self knowledge. If that leads to better trading, so be it. We sort of doubt it, because our monkey collective trades successfully without much insight. And ET does not support the archiving of real time calls because the...

But enough levity. It is time to address the transformation from the old to the new trading psychology. We have replaced fear and greed with cheer and need. While still a bastion of peculation in Chicago and New York, trading has become democratized with the ever-expanding popularity of systems...

Laura? G? The vertical chart as analogue of the vertical smile? What you propose is similar to the belief that price is actually a spiral viewed edge on, the result of a spiral of fear and greed. So there would be no more up or down, merely different colors of profit.

As an aside on the need to use emotional colors sparingly in charts, you might have noted in the attachment to the preceding post that we use yellow to denote the time to stand aside, closing all positions and waiting for the next opportunity. We chose yellow because it is the customary color...

Here is an excellent example of PissBreak at work. Like most systems published on ET, it works about half the time. My theory is that a random system with hard algorithmic rules is better than a random intuitive system with no clear rules at all. No offense to anyone who might be reading.

Agreed. The only way I use volume, aside from in PissBreak, is to apply an 800 car/minute go/no-go threshold for NQ. Keeps me out of a lot of shitty trades. I do have a bunch of fancy stuff I run in background on volume at tick rates in the vain hope that it will amount to something. I also have...

BTW, Joe Doaks has been most remiss in not crediting you with the oblique inspiration for the system published elsewhere as PissBreak. In PMs last year he was inspired by your bizarre trading ideas to re-examine the relationship of volume to price. His sadistical and cybernetical analyses led to...

Hola, mon frere! And time progresses from right to left, as properly it should, to reflect that most analysis is done in hindsight. But I must say that the down-side-up monitor trick is most applicable in these times as a dicouragement against taking upside retraces.

At my age the only thing that excites me is the most exotic forms of visual arts (what some call pornography). But yes, the aim is to achieve a preternatural calm which allows you to distinguish trend from retrace from chop from manipulation from nothing happening at all. And colors probably...

Our next most important set of audibles alerts our monkeys to four distinct sets of support and resistance. The first of these is bounces off of pivot points (we call them "pervert" points in company training presentations). The second and third call bounces off of proprietary enhanced EMAs...

Oh, a good one, that! We may have a position in our firm for a bright young associate like you. Bent over for the entertainment of our office monkeys.

I'm back, sorry about that. He was attempting to access one of the more pernicious frauds perpetrated, nay perpetuated, on ET. As an example of an effective audible, we have five distinctive audibles representing five levels of the spread. The lowest, two ticks, is the hoot of a wise old owl...

Curiously enough, we WANT our audibles to have emotional impact, because they are tied to hard-and-fast rule in multiple trading systems. Audibles, combined with certain proprietary combinations of pleasing and painful electrical stimulation, are what we use as training signals for the monkeys...

And for Mr. Name-of-the-Day, thank you for jogging my memory with your Mexican color commentary. We have recently had improved success rates teaching support and resistance to our Latin American clients by renaming our best tool "Fibonacho" ratios.

We encountered that issue when we attempted to move down the vertebrate chain from monkeys to dogs. Our workaround is to expand on our already extensive use of audibles. I might add by way of explanation to those not familiar with Mudgins and Associates Trading that we use monkeys rather than...

An unexpected side effect for our consulting practice is that Third World traders prefer "earthy" colors (known colloquially in our offices as "chickenshit"), and they are increasingly drawn to use our services when they see our charts.