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sammybea I was laffing at the same thing you said, it seems like when there are probs the market is starting to move. Anyway, the 4.3 release has some new things that are pretty nice. BTW, I am back up now. The ctrl-alt-N thing is a bit different with the new release.

yes but up now. Hey, there are some nice improvements to the 4.3 release. Nothing I was looking for, but still nice for some folks. Although about time, they finally have Williams %R and CCI on the simpler side, and Keltner and Pitchfork stuff now too. And back to being on board with Cybertrader.

mine just now did!

shorter ma's whipsaw more than longer ones; shorter time intervals whipsaw more than longer ones; shorter ma's on shorter time intervals really whipsaw more than longer ma's on longer time intervals. I like longer ma's, longer intervals too. I like trading long term, And takin' my kids...

I am sure you recognize the value of those assets already. All I can suggest is to use the same discernment when selecting a mentor as you used in steering your career path thus far.

A 30 minute opening range break method works for any vehicle. Other popular range break intervals in minutes are 5, 10, 13, 15, 60 and 90. Understand that the goal of this strategy is to get in as near to the opening price as you can AND be on the right side of the market for the day AND do...

Nice post Ted. Hopefully by now you have received some intriguing emails. Hey I just wanted to ask, from your opening post - were you selling these derivatives as short term or long term vehicles? Btw I worked for a major firm for almost 6 years and it is somewhat ironic how one can do so and...

Flier, it works on anything. And for that matter any time interval. Of course the shorter the interval the smaller the profits and the more frequent you will trade. And for the ES and NQ, as with all otheres, if you wait intil you have a 40 crossing combined with an macd divergence on say the...

Right t'kay. That is exactly it. And when you look at these kinds of stocks using the line setting instead of bars, you see how few times really that they cross and close back and forth causing you to reverse. And compress those babies. Find four good ones crossing a major average and get...

That was the meat and potatoes for awhile Ken. BRCM, CIEN, VRTS. Oooops... there goes another 4 point winner. Then the hallucinogenics wore off and somehow that crazy wacky word "value" started showing up in the same breath as "earnings" instead of "perceived" and those silly crazy prices...

flier I use the 40sma and the 12-26-9 macd for position trading stocks using the daily chart. It is not an always in approach, even though my signature might lead one to believe that. The concept I am trading is that price deviates from the mean. That's it. A moving average represents a...

This says it all.

My bad on the use of the word proper. It has been deleted. Thanks wally, very good point.

There you go. Good luck!

Nope... I use indicators, ma's and macd specifically. They work great for me. And it appears that stochastics work great for you. I began the thread out of curiosity as to what people meant when they said they traded by price action alone. Are you saying that you consider yourself one who...

Let's see.... let me get this straight.... if I trade by price action alone, as defined by the patterns in Edwards and Magee, and to not use indicators to "reinforce" my decision, I am saying that I like being stuck in a place. The presumption must be that indicator usage results in improved...

Thank you OldTrader for your wisdom. Your post is very meaningful. Thanks for your time and consideration. I particularly appreciate your reference to chart patterns, a la Edwards and Magee and your insistence on understanding chart patterns in their context versus simple recognition.

This is the answer that I was looking for from price action alone players. I guess I wasn't including tape readers. Actually in my mind I was thinking more along the lines of what t'kay said. So I guess then the question should be, 'when you say you trade by price action alone, do you mean...

Occasionally someone mentions that he or she trades using price action alone or with volume only. I interpret this fairly straightforward as meaning no stochastics, or moving averages, BB's, etc.. Would anyone who trades this way care to elucidate further? Thanks in advance.

If there were up and down only, reversing the script, doing the opposite, and all other means of saying the same thing might have a better chance of "automatic" success. It's those darn sideways periods that get in the way.