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    Ken Lay, DEAD.

    It is my understanding that Ken Lay and the late Generalissimo Franco of Spain and my cat (Jesse) all continue to be dead. All three are buried in my backyard (in separate shoeboxes of course). Edit; The good Reverend's eulogy was cut short when one of the mourners clubbed him over the...
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    Trading Futures remotely

    I am sorry: These folks are kidding with you. It is just not possible with the technology currently available I understand that it is being done on some of the other planets including Saturn, Mercury and mostly on URANUS. The "United Plantary" Exchange is open there 24 planetary hours a...
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    Its all about "tests"

    Here is the reversal move back down Sorry I just did not have time to document the volume on the way back down I was kind of busy
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    Its all about "tests"

    Here is another chart showing the one min volume. I think this is self explanatory. Hope someone else here got into this move It was a 4 point pop. As Elvis would say "Thank you vera much" Steve
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    Its all about "tests"

    OKay, here is a screen capture showing a setup that will allow you folks to see how volume actually works. If you use Esignal you can see the volume ramp up on the bottom of the screen at the right side. I have an LRC in place and you can see how price bounces off the lower channel line...
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    what is transactional analysis?

    Hello Myongsun: Yours is a Korean name. I hope you are not going to fire a missile at me. Best Regards Little Steve, AKA as the "Natural Child"
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    Its all about "tests"

    Well that is interesting and appreciated. As I recall, in one of your posts you asked me if I thought that yesterday's rally would die out at 1273. I assume that your present system of evaluating price action doesn't provide enough data to give you an answer. My own answer (and it is just...
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    Its all about "tests"

    Yes glad to hear from you. In response to your question "What else is a daytrader to work with"? the answer is as follows; First it is important to study historical intraday charts. What one wants to know is; 1. When did price last move strongly, and what kind of volume preceded...
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    Its all about "tests"

    Your sincerity is appreciated
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    Tom Alexander As A Trading Mentor?

    Perhaps you should post a map and give up detailed information as to the cost and agenda? I would like to know what the gentleman's blood type is and whether he is an organ donor. Thank you Steve
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    Its all about "tests"

    Well thanks, I am always glad to take direction from you sir. I will think about it and get back to you.
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    Tom Alexander As A Trading Mentor?

    I have heard that Tom is an active member of Al Queda, and has blown up several buildings recently in the San Diego area. I am wondering if anyone is going to attend his seminar the following week, where he shows Al Queda hopefuls how to blow up a variety of buildings, how to mistreat...
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    Predicting Crude using Intermarket Analysis

    Okay then Murray: First the obvious question; If you took the time to think through this setup, and then you tested it over a specific time period and you found it profitable, why would you publish it here rather than just trading it alone or as part of a portfolio?
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    Ken Lay, DEAD.

    Heard a report on CNN verifying that Ken Lay is still "Dead".
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    was it just me?

    Yes I got it early. Sorry, Sorry everyone. I will behave next time. My bad.... Really I am very sorry. Won't happen again... Steve
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    Its all about "tests"

    Well I thought I was being very circumspect in my comments. Contacting attorneys is someone else's trademark I believe :)
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    Its all about "tests"

    I have never used those words (100% of occurences). Here (again) is what I did say. "In my experience once price "touches" the upper or lower channel line of an LRC sized to 2 standard deviations, it ALMOST NEVER CONTINUES. In walk forward tests, I have verified that it does indeed...
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    Its all about "tests"

    Certainly it is possible that this isn't the right approach for you. One thing that can help you to sort out your difficulties is to do a little test Simply put on four charts using 15 min, 5, 3 and 1 min bars or candles. put in your LRC channels sizing them to 2 standard deviations and...
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    Its all about "tests"

    Yes, that is interesting. Yet in my experience, when price "touches" the upper or lower channel line of a 2 standard deviation LRC, it almost never continues (on that same time frame). In my "walk forward" tests I have verified that price does indeed "retrace" about 95% of the time. What...
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    Its all about "tests"

    As regards sample size, this is one of the basics of inferential statistics (what is a statistically significant sample size?). Rather than try to teach beginning statistics here, I will just say that I like to have 100 data points on my charts if possible. At the open it is not possible so I...
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