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Many people blindly adore whatever "official science" claims and forget that's just people after all. Mistakes in scientific world are as often as anywhere else. Sometimes only being a part of "scientific world" gives immunity against this blind trust to whatever "science" says. :)

Have a good weekend too, Surf (sunny but frosty Saturday already started here on our side of the big ball :D ). P. S. We can argue just about anything, it would only improve quality of discussion, which is always a pleasure to do in constructive and intelligent way. :)

Thanks for these words, Surf, but I must say that's exactly why you cannot also trust many academics who did certain researches and concluded TA "doesn't work". It clearly doesn't... in a way they test it, because they lack necessary inputs. [/b] Problem with me as a guru is I don't sell...

All these questions are irrelevant to the thread topic and are private by nature. Why not prove my theses stated in previous posts wrong instead if you believe what I said is far from reality? :)

My background is years of experience and continuous interaction with people with even more experience, so over 100 years of combined experience. :)

Yes, that is what I called proxy to the economy as a whole: pension funds, mutual funds which buy and hold savings of hundreds of millions of people across the world, commercial hedgers etc. Those are where profits come from to speculators. All listed above care less of TA patterns, but their...

I don't believe market is fed by the noobs who lose. Not too many people in % of all world's population actively participate in the markets, especially derivatives etc. Game would be not worth playing if it was only about picking the pockets of those $10K account retail people. Market is a...

Of course not all trades constitute clear intention to buy/sell for a directional trade. As a perfect example, NQ is heavily affected by AAPL option MMs and that's the case with most derivatives, you never know if even heavy buying/selling is outright trade or leg of a spread or a hedge. But...

No special knowledge. Absolutely. No arrogance as well. Arrogance in my view is claiming something beyond what you really do. Claiming what you really do is not arrogance, it's objectivity. :) Academics are very often wrong. I am 5th generation in the family of academics myself, hence no...

There is no such thing as noise. Just different scale of the moves. And I agree all trading is professional gambling (game of odds).

Here I agree with you. Trading is much more a craft than a business. And I can give you a hint why "Gann folks" fail. Because they are stuck in the box of thinking just in Gann terms. While ideally I would advice every newbie to never read ANY trading books/courses beyond the very basic...

No special powers or any mysticism involved, Surf. :) Reason to read charts is very simple: charts are graphical presentation of the trades, graphical presentation is much easier to interpret than tape (T&S). Why not order flow? I didn't say no to order flow, sure that many people use it...

Wrong. Staring at charts allows you to notice microscopic nuances of the recurring market behavior patterns and construct a method with an obvious edge on that base. Those inputs are too nuanced for even the best modern computers to process them in a whole. Some of them it is possible to...

I agree, many gurus say that. But do gurus always say wrong things just because they are gurus? For me, lazy Russian, it sounds ridiculous when someone says it is not needed to spend at least 10,000 hours to grasp any serious profession, especially such demanding and highly scalable...

Books can be good source of general ideas, but as any craft, nothing substitutes experience. That's what Surf and academics who test price action/TA fail to comprehend. That to see you must look. Simple matter of focus and dedication.

Just watch the price and use the force. :D

Must admit that YM looks the most bullish among top US indexes. But the divergence we see is not a sign of solid long-term move usually.

Surf, remind me please, who used to say here, they "rarely lose"? And by the way, who better understands market reality: those who make a living trading every day or those who write about them? :D

Very interesting, NoD how we seem to evolve towards each other. :) I used to trade from charts for years, now so happy to use DOM to enter NQ orders (still adjust already placed orders/stop-losses on open trades from charts though), cause on the DOM i quicker see the exact price levels and...

You may be right, but only in relation to HFT. As for longer-term plays, confirmation of past trades can and does provide very good information about what is likely going to happen next. I am sure you are aware that no large orders are executed all at once and that many large traders act in a...