Quote from Ol' Yella:
Check this out Surf, some videos, articles, and webinars from that trader chick.
http://traderkingdom.com/experts/2850-alla-peters
I watched some of a webinar and she was talking about the magic of price action.
Then she had a chart of ES up but was referring to it as an oil chart.
Good stuff.
I bet some guys sign up just to try and get a chance to talk to her. LOL!
Quote from bigarrow:
Except your price drivers missed this huge down day today and got you in on the wrong side of the market going long earlier today.
Quote from bigarrow:
Except your price drivers missed this huge down day today and got you in on the wrong side of the market going long earlier today.
Quote from themickey:
Exactly, this is beginning to confirm my thoughts, Surf's Price Drivers are going to keep him looking at the sceen all day long with trigger finger and even then it is not signalling a clear intent on market direction. Surf has, he claims a long term system (+1000 points was his call) and this PD stuff is chopping him exactly as I said this band would do. Why have a long term system which makes calls every hour or so? That would drive me nuts.
Anyhow thanks Surf, looks like your long term system is made of straw, maybe you need to change it to a short term system as you appear to catch a few points here and there.
Quote from marketsurfer:
You guys are completely misinterpreting--- I don't even look at price when the entry is triggered or the the exit. Yes, I am still calling for an over all 1000 point gain in the DJIA this year. The PD system has not had a single loss yet this year, obviously its not going catch every move, also. The PD system has demonstrated 100% accuracy since Jan 1, including a 600 plus point mega trade with 10 contracts. short memories?
Quote from themickey:
Mate, the 600 point move is only because the market has been crazy low volatile, very rare for it to behave like this. As I said, you have a short term system, not a long term system. The 600 points is a fluke, just like what you call us T/A guys/gals!
Quote from marketsurfer:
including a 600 plus point mega trade with 10 contracts. short memories?