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OK Here's a better question. These days does anyone building systems around one individual stock or market, or is everything intermarket related? Additionally, is it still possible to find these relationships with through human observation or can they generally only be found through statistical...

Upon examining the intraday data I, I don't know what i was talking about. Price seems incredibly stable at its new level and the hammer formed for the day should be ignored.

OK let me add on to this original quesiton. Eckhardt and another trader both agree that the RSI and stochastics are useless. Eckhardt conceeds that moving averages have some value. Their reasoning for this is because of all the false signals they generate when the market isn't trending and...

I already have a what I feel is a pretty good grasp on technical analysis: I've read TAFM twice and absorbed most of it. I know what most all of the indicators do and I have a decent feel for how markets flow. After reading about William Eckhardt in new market wizards I want to try my hand at...

Due to this breakout being nearly entirely fundamental, what are the odds of it retracing next week?

Yesterday's trading saw a huge ~7% climb. Today the stock finish up a meager 0.05%. However, today's trading resulted in a weak hammer. Weak in that its an open candle with heavy volume. While the opportunity for reversal is not all that great, one still appears to exist. Thoughts?

North Korea just tested launched missle tests. This will lead people being afraid of having their money in Japan. Short the yen.

What is your methodology for all of this? Without it that indicator is somewhat lacking in meaning.

When buying into this, what would you guys do? I'm thinking just set a stop a few cents above 103.58 with stop losses maybe a a point or so below that.