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  1. 1

    Mr. Ocean's Journal (Hourly NQ)

    Do you have any idea what is the "win percentage" of a professional trader? One of the more successful traders I have met in my career, a woman who had a large hedge fund(and wore bunny slippers), had a winning percentage of 45%. And you are just beginning to work with a methodology and you are...
  2. 1

    Intraday data for Black Monday 1987?

    Your full of crap. You would not have known what hit you...maybe in hindsight, your indicators would have mopped the floor after you were done pissing your panties.
  3. 1

    Have you used dbphoenix's teachings to become a successful trader?

    One of the largest traders in the world, with multiple phd's (physics, math, economics) uses straight lines to give context to his trades. Albeit, differently than Wyckoff, they are still straight lines. And his mentor, a phd who used straight lines...
  4. 1

    Trading Price:Phase One:Observation

    At first blush: Bar 18, for what ever reason is a low. It is followed by a series of higher highs and higher lows until it reaches a high price at bar 41. Price cascades to a low at bar 48 with a more aggressive stride than the bars between 22 to 40 and rebounds with an equally aggressive...
  5. 1

    Ghost of If You Can Draw A Straight Line

    If you will indulge me a second post in six years, I'll play. Some may think that the price you got long should be a factor in the decision making process. For me, the decision is the same no matter where I got long. As I look at this chart (I do not trade index futures), it would be easy to...
  6. 1

    Ghost of If You Can Draw A Straight Line

    Huyang, Section 15 of Wyckoff's addresses this. In that section he states that trend lines may need to be moved to the next swing point to capture the markets "stride." Notice in the chart DB posted, price lengthened its stride after point 2. To capture this change of the market, the...
  7. 1

    Anyone think the US Fed will break the oil bubble in the June meeting?

    And what if it doesn't? Pundits have suggested such a move, but there is not a guarantee that it would have the desired moves in oil or any other commodity. Joe Six Pack will still be suffering as the gasoline manufacturers will not be so inclined to lower fuel prices anytime soon. Not...
  8. 1

    Highly Accurate Market Prediction Methodology seeks Partner

    What you have shown on your snag means nothing but your "grail" works on historical data. Why do you not show a snag of your "grail" predicting points on the right side of the chart? Show us the prediction for next week, please, that way we can know it works into the future not in hind...
  9. 1

    franchise dilemma.

    Just something to consider, not only will you have the franchise fees, but malls will typically charge a per square foot rent and a percentage (upwards to 10% of profits). Be aware of this. You should have good margins on your product. For example a medium fountain drink will have a margin at...
  10. 1

    Oanda just another bucket shop

    This is one of the most hilarious threads regarding forex that I have seen in a long time. The original poster has posts on other forex related forums where he portrays himself as a knowledgeable trader. A knowledgeable forex trader knows not to use market orders at times like NFP and...
  11. 1

    Woodies CCI

    Maybe you should ask Woodie ole boy, where those Make a Wish donations are that he supposedly made. From what should have been a sizable donation, the wood man was never listed as a donor by Make a Wish Foundation....hum....
  12. 1

    stockbroker trainee vs. prop trader trainee

    I still have nightmares about making those 300 plus a day cold calls, and that was over twenty years ago....oh the memories!
  13. 1

    What did you do before you started trading?

    Professor of Philosophy
  14. 1

    Some Help on Forex

    Unless you are trading based on time-price convergence, many forex traders look to the open of the London session (3:00am est) and the US market (from about 8:00am est). On ocassion, the Asian market (7:00pm est) will yeild some decent opportunities.
  15. 1

    What was Forex like before the EUR?

    Oh how I long for the days days of the DEM....such fond memories.
  16. 1

    Why not share your winning strategy?

    Capamando, You want a winning strategy, here you go,"buy low, sell high, when approriate, sell high, buy low. Repeat." Do this every trade and you will be successful. Or, better yet, don't let the door hit you in the ass on the way out because with your attitude you are short for this...
  17. 1

    need size? auto-quoting up to 100mio on all majors

    For clarification, Hotspot clearly states on their website, albeit in the fine print, they are the counter party to all trades. Thus, to state they are a true ECN is incorrect. 1in10
  18. 1

    Is broker stealing my money?

    If you investigate how your broker deals with roll over I am sure you will find they close positions at a predetermined time and re-open it in your account to adjust for interest rate. Thus the difference in your calculated interest. This does seem high, but your are paying interest and...
  19. 1

    "Time" Component of Market Analysis

    If by your question, you are asking what book I found these techniques in, there are none. They were forged by many long hours of study and the real labatory of years of trading. You can read the Gann courses, but you will have to look behind the paragraphs, sentences, words to seek a true...
  20. 1

    "Time" Component of Market Analysis

    I have studied the time element of trading vigorusly my entire career and thus collected many different techniques, but I have found the Gann oriented techniques to be the most accurate. 1in10
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