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No worries...Don't give it a thought.

Now I know someone out there is interested in how that trade happened.. After the close I will go back to the charts and review it Right now I am looking for re-entry so bear with me (no pun intended).... Steve

Love IT to death...Mahket surfer..... While you were posting about the impossibility of using trend...I have been in the trade...doing precisely what you say cannot be done. The posts are a little out of sync, but as those who are downloading the charts will testify, this is about right on...

and the first profit taken at target #1 and of course you move your stop to B/E at this point

and the short entry off the 5 min chart

Here is a nice short signal off the 60 min chart

I'm back.. Alright everyone, the phrase for the day is "Its a ruse goddamit" You heard the man, everyone to their posts, lock & load if you see even one ruse, or a herd of kangaruse, shoot to kill. Steve

I think you mean "ruse" sir...and thanks for another fact filled post..... Sigh... It is lunch time in NY so I am off to get something to eat..Lovely speaking with you all...

I do appreciate all the "universal" truths you have to offer us. You don't mind if we continue do you? I am sure there is nothing here in this thread to threaten you... Do you mind?

You know Marketsurfer, one would think that with your advanced understanding of the "dynamics" of the market, that you would trade more profitably.... Thanks for the profound statement..

Here is a shot of today's action so far, using 30 min candles The screen is pretty self explanatory.

One of the interesting things about human beings is the ability to synthesize and anticipate from prior experience..... The fact that some of use can do so, differentiates us from lower animals....and that is why we can make use of trend... Thanks for the comment. I like stream of...

Yes, the right question. If you are trading futures (indexes) you have to know that they are noisy. So...you need a couple of things in order to make it work..First you have to have a way to cut the noise a bit..One suggestion (proflogic's) is to use constant volume charts...If that doesn't...

Yes, if you are a scalper. Be advised however that a retail trader scalping a tick or two isn't going to make it in this business. You would have to have a different pricing structure to make a go of it that way..in my opinion.

Thanks Harold; You make valid points. One has to decide how to handle these issues. I have not made up my mind just yet, but I will certainly consider your comment. I am never to proud to learn something new from my fellow man... Best regards Steve

The book may or may not be a good one...However the marketing act is a little obvious really...Why don't you guys get a room...:D

Yes, I see that Marketsurfer just showed up... shouldn't you be kneeling...or do you have a special salute...:D I can think of one, if you are uncertain...:D Not to cause hard feelings, but in future, I will be unavailable at times during the trading day...Sometimes I like to trade and I...

Hello Prof You also do not belong anywhere near a thread for "idiots"..:D Interesting chart...Thanks for posting.

ah yes, the "idiots" are finally arriving as planned....So good to see you, come right in...we've been expecting you...:)

Thank you kind sir. Clearly you do not belong here...in a thread for "Idiots"..:D