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pls do not confuse the concept of SCT with your ignorance of Jack Hershey. Jack did not invent SCT. SCT has been in practice in one form or another by many people, including at least 2 ET contributors, for many years. Jack is kind enough to show everybody his version of SCT...

Overlapping range is the red flag. edit: new file loaded 1:30pm.

YES YES YES !!! You have got it !!! Channels are nothing more than dynamic sup/resist. SCT is merely trading off sup/resist !!! The best/ideal/most-efficient place to exit your long is also the best/ideal/most-efficient place to enter your short. i.e. ENTER long at Support, then...

Trader28 if you didn't blow your account you wouldn't be here... in fact if you were making any money at all you wouldn't be in here getting all pissed :p

SCT requires no stop loss. You simply reverse.

you might have a corrupted database. back up the db file and start over again. That should isolate the db to see if it is the culprit.

no offers in hsi futures, only bids... LOL

the method and algorithm is a lot more sophisticate than your thoughts.

Stay in the resolution you are dealing with. Two bars make a tape... any attempt to project out further than your resolution is pure conjectural prediction. Until the tape is broken, at the beginner level, it is continuation in my book.

Repetition has its place in the total learning process. Can a child excel in mathematics if he cannot recite the 10x10 multiplication table? I doubt it. Understanding how multiplication works is not enough. You have to know the numbers by heart, otherwise you will not be able to react to...

http://www.elitetrader.com/vb/showthread.php?threadid=78244

The Psychology of SCT unmasked.

http://www.theinquirer.net/gb/inquirer/news/2007/09/28/microsoft-told-abandon-vista Microsoft told to abandon Vista Give up and start over

you and him will make a good couple.

580m x 100 = 580b ?

This is how I see change as well. The classical gaussian is unmistakable. Thanks for putting it in an easy to read diagram.

What were you doing when the market was crashing?

the writing is on the wall

like Forrest Gump said...