How many of you got faked out today?

in this economy, it's all about selling and selling and selling

get that cash!!! lie if you have to, who cares. only money pays the bills, not truth.

i have now had 678 winners and no losers.

all from a system that i can teach to anyone, anytime...

100 easy payments of 1k each

I will take the first 600 callers, but then it's closed for good!!!

talking about hindsight trades is only selling.......pure and simple

but u have to do what you gotta go.....

who wants a new bridge????!!!!!
 
logic_man

There are only a few things to do while waiting around for trade setups when the market is real slow...

1. Screw with dipshits on ET.
2. Play video games.
3. Watch family guy and screw with dipshits on ET.(Which I am doing currently.)
4. Watch TV.
5. Go walk outside and hang out in the rain and check back every fifteen minutes...

It's stupid for people to look for trading systems that "work". Any trading system that "works" except for a longer term 2 day + swing, weekly, or monthly system will get priced out by Alogo's.

Alogo's and black box systems are continually battling it out trying to find ways to outsmart each other. If your a great programmer and good with math... Go join that battlefield.

It ain't any easier than any other business where 95% fail.



The systems that work are tape reading systems that rely upon 25-50% traders interpretation of signals in combination with analysis of fundamentals and market influencing news events.
 
Quote from gmst:

I used to do things you wrote in the first para. No more.

what was your yearly pnl for 2008, 9, 10 , 11 and to date 12? How many years hv you been trading? Because only a pro would write such things as you saying.

My yearly PL was -50k, -20k, -10k, -2k year to date for last 4yrs. Most of my losses this year and last came from ES. So, chances are I would get faked out on such moves. Actually I was long at the beginning but my stop got hit. And then on a retrace I shorted after it seemed Ben couldn't offer any clarity or any new things. Got smoked again.

If you are profitable and if you write down your PL numbers for authenticity, I would be happy to learn a few things from you.
More...
What is a pl? Thank you
 
Quote from austinp:

are you really that stupid, or just blindly stubborn? or both?

everyone with one eye and one 5min chart can see the exact-same thing from 9:35am eastern... with zero exceptions

just like yesterday... and just like today
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You, sir, are the fool here if you believe anyone is impressed by your hindsight charts and random fibonacci projections.

If trading ES is so easy, then why are you hanging around here shopping for customers? Scale up and you will own the world by the end of the year.

Tomorrow at 09:35, let us know where the market is going and what your trades are in advance.

Yes, tomorrow. Not a cherry picked day where you got lucky and decided to post a hindsight chart.

:)
 
Quote from Laissez Faire:

Tomorrow at 09:35, let us know where the market is going and what your trades are in advance.

Yes, tomorrow. Not a cherry picked day where you got lucky and decided to post a hindsight chart.
More...

OK... what about those charts is hindsight? At 9:35am eatern tomorrow, you and everyone else who cares to read the market can do exactly this...

#1: snap a retracement grid setup on the first 5min bar of pit session open as depicted in the free video workshop

#2: use your own personal, highly effective method of trade-entry signal to get long near = above the open range top, short near = below the open range bottom

#3: keep trading in direction of market's bias, use the roadmap values as potential profit objectives, as high-odds turning points, or both

Now let me ask you this: how does your view of the same grid and values on your 5min chart differ from mine? Or anyone else's?

The video is linked in a site sponsor of ET. Less than one hour explains all. How much simpler can it possibly get than that?
 
Quote from Laissez Faire:

You, sir, are the fool here if you believe anyone is impressed by your hindsight charts and random fibonacci projections.

If trading ES is so easy, then why are you hanging around here shopping for customers? Scale up and you will own the world by the end of the year.

Tomorrow at 09:35, let us know where the market is going and what your trades are in advance.

Yes, tomorrow. Not a cherry picked day where you got lucky and decided to post a hindsight chart.

:)
More...

FYI.

I called the open in advance every day recently.

Here is the entry for tomorrow within the first 15 to 20 seconds of bar 1 on the 5-min ES chart. Go SHORT.

FYI

The context is that bar 81 was pt3 of a parallelogram that contains the short. The FTT of both the sub fractal and the trading fractal will occur simultaneously. Additionally you can get the value of the FTT in advance by obsevering the Wall on the DOM.
 
Quote from Laissez Faire:

Yes, tomorrow. Not a cherry picked day where you got lucky and decided to post a hindsight chart.
More...

no problem... I post those charts most every day. Do you honestly believe today was cherry-picked? My blog has freakin' hundreds of sessions archived with the same charts... and every single one of them were known price-action values at 9:35:01am eastern time, every day.

9:35:01 am eastern time tomorrow and every day after for the rest of your career... price action measurements are the same for everybody, all day long straight from there :)
 
Quote from jack hershey:

FYI.

I called the open in advance every day recently.
More...

that's nice, but I don't call nothing about nothing. What we're discussing here is letting the market complete its first 5min bar, tactical measurement of price range and projections from there as a forward-looking filter for directional bias... based on market action itself. Not somebody's wild-ass guess about something or other. The market itself projecting where it intends to go, based upon what it has already done.

I said umpteen times it ain't a trade-signal tactic... it is a generic filter to keep newbies and fools from blindly shorting trend rallies and buying trend selloffs

It is free, it is available to all without cost, and everyone is able to test out the information first-hand with nothing more than a fib grid and a 5-minute chart

Anything mystical or clairvoyant about that?
 
Quote from austinp:

Do you honestly believe today was cherry-picked?
More...

I don`t know. I did not even knew you had a blog and I only read your occassional post on ET when I stumble upon it. In fact, I rarely read ET at all.

However, I have noticed your claims about how easy trading is day after day.

Pardon if I`m wrong, but did you not use to post your P&L? Did you stop after posting losses or what happened?

I will consider watching your video one day if I have the time as I`m always interested in learning. I do not doubt that there may be some merit to it, but the fact remains that you still need to predict the direction multiple times throughout the day.

Identifying significant levels above or below the opening bar, including the HOD/LOD can be done with the use of simple volatility analysis and identification of S/R (prior day`s high/low are important in ES) and is not very sophisticated analysis, but being able to exploit the daily gyrations and predict direction multiple times throughout the day is a completely different endeavour that very few know how to do day after day. And that`s where the challenge is.

Going long above the opening bar or short below it is a losing strategy if that is the entire strategy. Profitable under certain circumstances, yes, but far from always.

:)
 
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