POLL - Futures: How do you determine the trend?

[Lamont_C]

Quote from Thunderdog:

Charlie Dow said it. You pointedly observed that no one is bothering to pick up these "keys" that he is dropping to open some kind of trading "doors," observing that so few traders seem to succeed as a result.

How's that for reception?

Not good. You're looking for something to disagree with rather than for what will open the door.

Before you understand, you at least have to pay attention. Before you can pay attention, you have to be aware. You're hardly aware of what's in front of you.

 

[Thunderdog]

Quote from Lamont_C:

Before you understand, you at least have to pay attention. Before you can pay attention, you have to be aware. You're hardly aware of what's in front of you.

Oh, I know exactly what was in front of me, sensei, which is why I didn't step in it.

 

[Lamont_C]

Quote from Thunderdog:

Oh, I know exactly what was in front of me.

Apparently not.

In any case, I hope those who seek to understand trend will spend some time with CDs posts.

If not, that's fine too.

 

[Charlie Dow]

Quote from VictorS:

I have been looking at your method since the old days (before disneyworld) . I find it is definitely viable. However, I am still doing a little fine tuning to get consistent. On the daily (not intraday) ESz5, do we have failure? If not, where would failure take place.
As always, thanks for your help. I hope Et'ers dont run you off too soon.

Hey Victor,

On the Daily chart the last Failure occured on the 15th to Challenge 1251.00. Nice try today, let's see if we get any follow through.
I use the continuous feed, I like it better.
A little help in trading, take the Primes from the Trading Chart for your entries until you learn to read the other oscillations with more clarity.

 

[Charlie Dow]

Quote from marketsurfer:

trend followers buy new highs and sell new lows---just like the public.

surfer

No we don't . . . not even close. Oh, I forgot you can't read the charts I posted.

 

[Charlie Dow]

Quote from Thunderdog:

Charlie Dow said it. You pointedly observed that no one is bothering to pick up these "keys" that he is dropping to open some kind of trading "doors," observing that so few traders seem to succeed as a result.

How's that for reception?

The reception is like watching TV from an antenna 80 miles from the source . . . snowy!

I'll explain how . . . traders won't trade out of their comfort zone. Most won't even acknowledge something else COULD exist. Their attitude is . . . "If I can't do it or understand it, then it is impossible!"

The statement I made about adding to it or changing it will force it to fail isn't meant to be an arrogant statement. If the truck manufacturer tells you the damn truck takes diesel fuel and you try to put unleaded gas in it . . . I would suppose that is the manufacturers fault when the engine blows up right? The microwave instructions tell you NOT to put metal in it but you do and it blows up . . . that is the microwaves' fault right. The clothing manufacturer tells you not to use bleach on jeans but you do . . . . Levy's fault right.

And you have the gray matter to even make that statement like I am arrogant because I require traders to follow directions . . . And you wonder why the success rate isn't perfect . . . your statement is a perfect reason.

 

[hans37]

Quote from Charlie Dow:



The statement I made about adding to it or changing it will force it to fail isn't meant to be an arrogant statement. If the truck manufacturer tells you the damn truck takes diesel fuel and you try to put unleaded gas in it . . . I would suppose that is the manufacturers fault when the engine blows up right?

yeah and you are not intending to BE arrogant or pompous with your analogy as if you were the creator/manufacturer of trading.

WOW that really cleared up the issue of others interpreting your drivel as gospel like arrogance.

 

[hans37]

Down 2% today attempting to go short mini es.

Damn I got stopped out 3 ticks from the high of the day.

Hope it goes up tomorrow.

 

[VictorS]

Charlie, here we go again...tsk, tsk, tsk. You really dont have to reply to the negative posts.

 

[Equalizer]

Quote from Lamont_C:

I find it interesting that Charlie Dow (PL) is scattering so many keys around gratis, and not only is no one opening any doors with them, no one is even bothering to pick them up.

And one wonders why only a handful of traders succeed . . .

Please allow me to play Devils Advocate if I may (and I am not talking about the pinball machine from the Simpsons episode )...

What is the purpose of the key scattering?
i.e. who exactly is helping whom?
and why not 'give away the ranch' with the keys?