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Hey gang, this thread has taken a few wrong turns. I'll close this one as it contains the trading history. Comments about the same can be made in the Poll thread. Expect to see this one cleaned up later this evening.

Well for cryin' out loud! What a great idea Lawrence! Thank you. Every ES and NQ trader needs to be checking their charts pronto. Maybe I am the last to know, but I have never ever heard anyone suggest this. Usually the suggestion is, "avoid lunch like the plague." Nice work Lawrence.

Yes it is and thanks for pointing that out, Spec'. I was just reviewing a site for TC2000 that offered a number of codes that would help one scan for bases of any length. Why Tony Crabel chose the NR7 I don't know. I think he or Connors and Raschke also popularized the NR4 also. Perhaps they...

Bet down.... comin' out! New shooter.... comin' out! :)

The chart for FCS. This in no way is the complete guide to the Short Term trading method, but as I said in that thread, I truly believe that Jack Hershey's concept of DU and FRV can improve timing dramatically.

The NR7/ID stands for Narrow Range 7 / Inside Bar. It uses end of day closing prices. A stock whose range for today is the narrowest range of the last 7 days, including today, and whose high today is lower thanyesterday's high, and whose low today is higher than yesterday's low, is an NR7/ID...

I want to review how some of these turned out so far. Again, for me, I have always looked at this trade as a daytrade. I have never optimized what a good profit target might be. What I have noticed is that many will provide at least a 30 cent profit opportunity. How that might fit in to the...

An updated pattern as I have it drawn for today. As I mentioned earlier, the classic break of a pattern is 1/2 to 2/3 of the way thru. This pattern is 15 bars wide, today is bar 10. 10/15 = 2/3. So let's just watch what happens. Volume is weak, and volume is an important clue about the success...

Just for clarification, are we using 24 hour data, or 0930 and on? Thanks.

In bold red letters near the top of the first page it reads: (c) 2002 StockHits.Com RE-PRODUCTION, RE-PRINTING OR RE-POSTING OF PARTS OR ALL OF THE CONTENT OF THIS RESEARCH IS ENTIRELY PROHIBITED. Perhaps you can present Baron, the site administrator, with your authority to post...

LOLOL! That is funny!

I wish I had known earlier that simple is better.

You will find many, many excellent discussions about Bullets by going to the Search function and working through there. Good luck.

I like the utilities. Good dividends which provide nice yield and downside protection because of the yield. I don't mean some of the high flyers, which seems like a funny term to apply to utilities. Also defensive stocks with reasonable PE's and good dividend yield. Most importantly, I'd...

Well said everyone. Critiques and criticisms have all been very good. I truly appreciate the civility that the majority of this thread manifested while discussing issues that have previously raised the tempers of one and all. Well, except for hypo' who wasn't here yet. db' made another good...

gms, you are comparing apples to oranges when you compare a trading method to becoming a doctor. The analogy made has ALWAYS been that of becoming a successful, well-disciplined trader compared to becoming a doctor. It has NOTHING to do with the method. Your analogy would have it that having a...

This has been an important point that if you will go back through the archives and read the discourse between the person you compliment at the front of your post, you will see that gms did the very thing I have quoted you as saying. He took the time to decipher Jack's hundreds of posts, put...

nwbprop, Thanks for the reply. I really appreciate it. I read grob's post on the Short Term Trading thread he started that provides stocks on his hot list. I also went to the archives and found a link by spydertrader that is very good for a clearer discussion too. Having read through some...

Perfect sense. And I especially appreciate the order of presentation. Method then process. Very nice work VT. Succinct, clearly written, logical, and based on sound market principles. As a position trader, this is one I will study.

Great, thanks.