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Thanks, don't mind if I do. :)

I just made $54 day trading my sim account this morning. :D

I actually do the same thing, but with 10x Fib numbers: 20, 30, 50, 80, 130 & 210 sma's that serve as dynamic support / resistance. They also like to bunch up into a tight little cord, right before a tail comes along.

Is it just me or is the up trend running out of gas?

Quad core X3220 runs Tradestation back tests as quick as I could ever desire, although I've made some of my best discoveries using a 1.2ghz Centrino based laptop. :)

The poorest races have the highest birth rates. The richest races are also some of the most prude. Do you see the logic in not having offspring until you own at least some means of production (an education in the mechanization of the means of production, for starters)?

I think if any of the worshipers of Jack Hershey were profitable, they would start up a journal, lay out the channels, boxes, and annotations, and blow us away with all their wins. They hijack so many threads as it is, you would think they would show off their superiority where real money is...

:confused:

Hi Guys, I'm out on the Eastern plains for the time being. Not exactly Denver but a couple hours away. What kind of trading do you guys do? -technical trend follower, stocks & etf's

BZH setup getting close. Triple bottom on the .618 fib line, trendline breakout, now I wait for a higher low. The markets are unusually strong. That "rising wedge" was another illusion. If I was in the business of fading corrective waves I'd have been impaled!

What a shocking revelation. Who knew such a thing was possible? :cool:

Corrective wave in a down trend, otherwise known as a "B" wave, where the advance has narrow breadth and the price action feels fake, because the fundamentals do not justify the behavior. In other words, just like June 2011.....

What's up, trend stalkers? Another day of paper trading the third wave..... Four wins, one break even, no losses. Today I deliberately forced myself to wait for the first higher low and / or continuation pattern before jumping in. This is my natural tendency with real money on the line...

"I never get in at the bottom and I always sell before the top" -quote from Reminiscences of a Stock Operator, when Livingston is quoting 'old man Rothschild' :D

There is only one way to straighten out a child who is acting out their violent aggression on younger kids: introduce him to the same, from the opposite side of the transaction. Or as it says in a certain Book: "Spare the rod, spoil the child"

Reeks of desperation. I can't see why any rational professional trader would use their entire account on a leveraged futures position, so lowering the margin rate will not induce them to add any more longs. They are constrained by risk, not margin. But the suckers, on the other hand, who...

Sign of the top? CME lowers equity index margins by 20%...

The comment may have been construed as derogatory toward Africans by associating them with a dangerous pest. They want the world to know that they are anything but dangerous, or pests.

I can't believe this price action.

Greetings, market participants and spectators! Today was no different. I dug myself into a big hole paper trading, then found a third wave brewing on NFLX, piled in, and kachingo - in the black. One of these days I'll get the impulsive drive to pounce on whatever is moving, out of my system.