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T-Rex, I am going to attend your live demnstration of charlie, will you be the chat room, or in a thread? Thanks. Ooops, I see the thread.

I second T-Rex' enthusiasm. You are basically trading a trend within a trend within a trend, all in the same direction. Nice work. And, it took one paragraph to explain. Any chance you might be willing to share the settiings of your stochastic? And how long do your trades usually last? No...

Yeah sure 377 is no big deal. And 53 is a secret. But I think the real money makers after 1.46 are 1.60, 1.76, 1.93, 2.12, 2.33, 2.56... Am I wrong?

Congratulations nwb' on your successful month. I know I speak for many of us who like reading about success stories in this biz regardless of the method used. I know you followed very closely what Jack was trying to teach on ET before, so I believe your profit report. Since you say Jack has...

Post one single method grob. That is all I am asking you to do. C'mon grob, put up and we, especially I, will shut up. This thread can stay in the Trading Forum until your next post grob. If you don't post a method then, it goes to Chit Chat, or Feedback.

Thanks for the question. These posts are copied from the So these Patterns Work thread under the Technical Analysis forum. I cannot split a thread in that forum, and as I said there that I would start a thread here on the topic posted, I copied the related posts to this thread. It provides a...

You were not prevented from posting per se. The servers have been slow and timing out. And note that I deleted the post within one minute of posting it because I did not phrase things appropriately. I apologize to you that you saw my rant. I am pleased, and I know many others will be too, to...

Here are some of the NR7/ID candidates for Monday. Those with *'s qualify as low recent volatility per the Volatility Ratio. Also, I use QCharts so data integrity is always in question. And by definition, all of the NR7/ID candidates are NR4/ID candidates too. There are more 4's, but not many...

Post from inandlong: I'm scanning for today's NR7/ID candidates now. I'll check those against the volatility filter and post a bunch of the symbols. I'll also post some of the 2 inside day symbols. As you might imagine, many of those will qualify as NR4/ID's and perhaps some 7's too...

Post from Salzburg: Low Hisvol Thanks, inandlong, I had a hunch that's where you might be coming from -- the low hisvol environment, that is. When those ratios (6/100, or 7/90, whatever) fall below .6 things are getting pretty quiet!! It's a good time for delta neutral strategies and stuff...

Post from Traderkay: inandlong lets keep following say Forest Oil. Let's see one of those setups unfold on a Daily. And yes, noting how many outside days NR7 presents is a good study, I think you'll be surprised

Post from inandlong: Salzburg Crabel is credited with describing the NR7/ID setup. Connors added the Historical Volatility Ratio to it. I know you have seen a stock run 3-4 days with big bars and then stop for a day with an inside day. By adding the low volatility component, Connors is...

Post from inandlong: T'kay, the close outside the pattern is for the triangle stuff, and not the NR stuff. But, since the trade is supposed to be a 1-4 day trade using trailing stops, your idea is an excellent way to prevent damage from the outside day. You make an observation that I haven't...

Post from Traderkay: -------------------------------------------------------------------------------- Quote from inandlong: I like to use closing prices versus intraday prices when trading breaks from these patterns. Sure I might miss a few cents, but I won't get faked out intraday...

Post from Salzburg: inandlong, You described your scan as "NR7/ID's with a low near term historical volatility." Does that mean you additionally require the NR7/ID to set up against a backdrop of low hisvol? In other words, is low hisvol a third component of your scan? If so, what are you...

Post from inandlong: here is one that occured Monday. The symbol is CLE Claires Store Inc. BJ looks very similar so both can be studied as very nice examples of the NR7ID at work. BJ is BJ's Wholesale Club, so I guess there was some retail thing going on. LTD and TGT were also on the list but...

Post from inandlong: The chart from my previous post no longer qualifies as an NR7ID setup. The setup is actually scanned for EOD by definition. But I will provide a chart showing this setup in the post after this. How to draw the pattern can be fairly subjective. I can just as easily...

Post from inandlong: T'kay you have it dead right, trade either way it breaks, as long as there is a substantial volume increase. That is the clue I mentioned before. Typically the break will go for 1-3 days on much higher volume, then pause or pullback on much lower volume. An alternative to...

Post from Traderkay: in, so would you trade that whichever way it breaks or only to the long side? i also presume that it's 200MA this baby crossed not so long ago and its fixing to do a cross with 50MA. so i guess trend is up. where would your triggers be? where would your stops be? where...

This is a stock that came up on my scan. There are some pluses and minuses to it, but let the market, specifically volume, give you the clue as to what to do. If you look back on this chart alone, you'll see this pattern repeated, followed by some nice moves. Although it appears I have drawn...