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Since I cannot count on people to ask intelligent questions, I will do it myself.. Well Steve, if "trend" really exists, how do you define it and how do you profit from it? Okay then, first, trend is any sustained directional movement. The magnitude of a trend is defined by the trader. For...

I like to help and ET is inhabited by people who could benefit from a simple approach to this subject.. Since some here are so obviously handicapped when it comes to complex subject matter I have decided to take a more direct approach.. First an example of trend so simple, so direct that...

There are few ways to "give sense" to a thread titled "technical analysis doesn't work" One way would be to testify about one's experience using technical analysis. Another would be to provide some alternative that does work Yet another would be to refute the comment that it doesn't...

You know Prof, the more I think about it....This silly thread reminds me of an episode of the old sitcom "Everybody Loves Raymond".... In that episode, Debra, Ray's wife, tells him that the stove is broken (as everyone knows, she is a terrible cook) and Raymond takes a beat...and then...

Like most young folks, you are ahead of the game some ways, and way behind in others....So you ask "what do I do", it is not an easy question to answer.. One thing you should be aware of....This isn't the best place to get answers....Why...because most of the people responding are retail...

Hey folks. I find it hard to believe that you folks are willing to have any kind of dialogue with Rcanfiel...I put him on ignore a while back. An ET member who is a licensed medical professional has suggested that Rcanfiel displays the symptoms of a person who has a problem called...

Here is the daily chart Once again I hope one can see the benefits of orienting to the longer term...If you started with either a monthly or weekly chart, and looked to the daily for possible entry, you can see that on the daily time frame, price tests the longer term MA and then What...

Here is the same concept using weekly charts Again you can see where price touches the longer term MA and then resumes its trend upward. What if one were to wait for a touch or test of that longer term MA and then enter long on the first bar opening above the shorter term MA? Using either...

While I appreciate your compliment sir, I have to admit that I have misunderstood Saxon's method. If in fact he is going for one point per contract, that is different than I had thought.. My comment however is almost the same..I do not have a criticism of the system based on his ability to...

Its possible that he finally got tired of all the crap that goes on here....

Couple of comments I agree with B1S2...no one with an understanding of trading would seriously try to obtain one (1) point at a time as a retail trader. First, it would be impossible to obtain a sufficient risk/reward ratio, especially trading indexes which are quite noisy. Second, it...

How would you respond to price action traders who say that they have (finally) learned to recognize specific setups using traditional bars or candles, and are hesitant to change to constant volume charts fearing they won't be able to recognize those same setups?

Hey folks A couple of more comments. First I think Austin's a little over the top with his posts suggesting that retail traders do not have access to the same technology as the pros. Thats not the limiting factor. I know several good professionals who use Excel to model markets. I was...

Hey no problem... "Modeling a market" or "Characterizing a market" is a form of technical analysis that professionals engage in, in order to try to find a tradeable edge...This is done BEFORE putting money at risk. The simplest explanation I ever saw in a book was "The mathematics of...

Did you really expect an informed comment from these folks.....?

What a remarkable example of human behavior... For anyone else (besides Frostengine) who might be interested in trying this.. It is unlikely that a retail trader, even one with programming skills, can write a rule set that will profit consistently on the S&P contract...There are no...

I am 56 years old I have hired traders from many cultures and both genders. No concern for anything except ability to do the job and to fit in the (small, 5 traders) office. My best employee was a Danish woman who was the best fixed income trader I ever saw. She was 49 when I hired her...

I have a question I assume that you have to pay commissions for each position you enter, and that you worked for that money, rather than inheirited it....and that it is YOUR money that you are losing each time you trade. I am wondering why you are spending your money (and apparently losing...

It is nice of you to post that record. I have a couple of quick questions. First, I notice that your system shows a maximum string of 10 losers. Did you expect to experience a run of that magnitude? What is your thought process like at about the 7th or 8th consecutive loss? Also you...

You've already been shown to be a spammer.. http://www.elitetrader.com/vb/showthread.php?s=&threadid=99097&perpage=6&pagenumber=2 I suggest you don't post here again... There is some "news" for you.. Thank you Steve