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Quote from taclander:

I don't think it made it back to even or profit at all, not to mention he took a fair loss before this trade.
Came within 15 ticks of BE I think.
 
Quote from actionzip54:

he will be able to come out and say that he got out.

But that would contradict the law of PD: PD often early, but never wrong!!!
 
I was wondering also whether PD's were still calling crude up. Anyone know how the PD's work? Is it a formula? Or based on fundamentals?
 
Quote from taclander:

I was wondering also whether PD's were still calling crude up. Anyone know how the PD's work? Is it a formula? Or based on fundamentals?


IMO, surf PD's are based on intuition, instinct, impulse, which is the exact opposite of analytical trading that is based on multiple sets of data and applied mathematics.

the beauty of intuition trading is that the thought process is hard coded in our brain and it is sort of random, while analytical trading is always black or white and hence perfectly predictable.
 
Here ya go smurf.

Pure TA or more specifically PA.

The same market you blew up your combine using PD's and the same one you're losing your butt in now.

I didn't pass but I did come out positive.


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