Predicting intraday price movement

Partial but not a prediction Quote from Franz Shoar:


1- Deal with one market so you get to know the personality of it
2- keep a good data either manually or use of computer to help you record the moves that are most consistantly happens(using a computer makes it much easier)
3-Know when during the day is more consistant pattern shows up
4- knowing all this is useless unless psycologically you can keep yourself in the trade. Set your stop and limit and wait for ultimate result.


If you are able to study it for few months and simulate trade it, you could be looking for a 1-5% per day consistantly with hardly any losing day.:)
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1]This is helpful one also ,porgie & bro

2]Yes computers are quite helpful here also;
and like to get hands dirty with the data also/manualy ,
yes thats slower, but longer lasting, sometimes more reliable.
So like them both especially the latter:cool:
 
Quote from porgie:

another remark disparagin g indicators...........unbelievable.........no indicators no best traders in the world.........system is 100% all indicators .....25/7

I was not disparaging indicators.......... im serious...............since i can not read the future i rely on indicators to guide me................. closingtrend.com looks like something i can use to get mkt direction, not to take trades off............... have other indicators i use for entry/exit..................this might be just a component....................didn't mean no harm......................hope you have a good day................................................happy trading for ever...........................................love you all......................
 
Quote from Franz Shoar:


Hi Dan:

Yes It is me. Since TI is planning to do a massive banner advertising here and other places, I figure I get ready for some questions and I will give it best to answer them.

Franz Shoar


Franz,
While ago, there were some people from your chatroom who asked me to decipher your method. I have done that and in my opinion, you are not trading TI method as described on TI site .
Will your method be part of TI course ?
Thank you,
 
the same place u get 110%.............just push the envelope......i did that on purpose........i t means go where others won't........way out of the box.........the box is where most stay.......lilduckoling...........no offense intended.........each trader must trade what he/she has confidence in........if porgie disagrees then porgie needs to mind his own business and trade what he has confidence in...........happy trading
 
Quote from porgie:

the same place u get 110%.............just push the envelope......i did that on purpose........i t means go where others won't........way out of the box.........the box is where most stay.......lilduckoling...........no offense intended.........each trader must trade what he/she has confidence in........if porgie disagrees then porgie needs to mind his own business and trade what he has confidence in...........happy trading

I understand.

Maybe if I gave up my bad habits!

Let's see... No drinking, smoking, watching TV, posting on ET, and, well, other things unmentionable in polite company...

Holy Cow! I could add EIGHT hours to my day!

But jeez, would life be worth living?

Thanks porgie, I think...

:D :D :D
 
QUIT THINKING.......THAT IS WHY 99% CAN'T TRADE AND MAKE MONEY CONSISTENTLY ..........TOO MUCH THINKING .........THINKING IS FOR SYSTEM DEVELOPMENT PHASE............THEN SYSTEM DOES THE THINKING .........DON'T THINK ABOUT THAT EITHER JUST DO IT...........I MIGHT EVEN HELP U IF U ASK.........PM ONLY..........
 
sheesh.......this one looks like a Yahoo message board......good work guy's.......so professional......and a lovely style
 
style has nothing to do with trading skills.........that is a bitter lesson to be learned.........professionalism? that is a good one........these forums are only for grins.......anything u read here if used will cost u money if u r not paper trader.........style is for show...........when u pull the trigger style will be the last thought on your mind........professionals don't post here........only the guys who are bored with nothing to do.........
 
Quote from porgie:

style has nothing to do with trading skills.........that is a bitter lesson to be learned.........professionalism? that is a good one........these forums are only for grins.......anything u read here if used will cost u money if u r not paper trader.........style is for show...........when u pull the trigger style will be the last thought on your mind........professionals don't post here........only the guys who are bored with nothing to do.........

This from a guy with almost 1000 posts. Way to walk into that one.

...Rennick out

Thats was a 70 yard pass for a touchdown with 2 point conversion. Thats Rennick 8, georgie porgie 0
 
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