trend following delusion shattered

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Since this trade breached my target before I left and re-entrered Prime, I'll take profit at 1.2834 (locking in 31 Pips) and giving me 54 Pips on 2 trades before 8 am EDT.

See ya later
 
Quote from ProfLogic:

Since this trade breached my target before I left and re-entrered Prime, I'll take profit at 1.2834 (locking in 31 Pips) and giving me 54 Pips on 2 trades before 8 am EDT.

See ya later



<i>vast ills have followed a belief in certainty</i>

kenneth arrow


good luck!

:D


ps. just in case you don't know who i am quoting:

http://cepa.newschool.edu/het/profiles/arrow.htm

care to argue?? i'll be happy to intro you. LOL !

:D
 
Quote from marketsurfer:

<i>vast ills have followed a belief in certainty</i>

kenneth arrow


good luck!

:D


ps. just in case you don't know who i am quoting:

http://cepa.newschool.edu/het/profiles/arrow.htm

care to argue?? i'll be happy to intro you. LOL !

:D



If I hit your finger with a hammer . . . it will hurt.
If you are uncertain of this fact I will be more than glad to demonstrate.

Late start with contractors.
 
Quote from Curious1:

Hans,

Perhaps your sentiments are a reflection of yourself.

Best,

Curious :cool:
nope just exposing you for the fraud that you are.
A quick review of your posts reflects 100% of them defending charlie dow/prof logic.

Amazing that he has his own groupie monitoring ET and chimes in "only "when mr {snicker) logic is having his ass handed to him.

my apologies if you truly are split personality proflogic,aka charlie dow, aka curious1)
 
Quote from hans37:

nope just exposing you for the fraud that you are.
A quick review of your posts reflects 100% of them defending charlie dow/prof logic.

Amazing that he has his own groupie monitoring ET and chimes in "only "when mr {snicker) logic is having his ass handed to him.

my apologies if you truly are split personality proflogic,aka charlie dow, aka curious)

Morning Hans,

I am not the Prof, I am simply one of his students. I'm sorry that my personal experience which I have related on ET does not fit your belief system and apparently offends you.

Good luck with your trading,

Curious
 
for those of you new to this debate, may i enlighten you regarding my concerns about professor logic. the professor was/is a vendor of market education--nothing wrong with this.

however, he made outrageous claims of accuracy on his website to lure newbies to his system. please see the attached link:

http://web.archive.org/web/20040204030359/www.logicalmarkettrends.com/2004+Program.htm


in the annuals of market chicanery, this surely ranks near the top--both in ridiculousness and sheer verve.

this is my only issue with the good professor--other than this, he seems like an OK guy.


surf
 
Quote from ProfLogic:

At 02:49 am EDT this morning, Price began creating a failed top, confirming 1.2961 as a Prime HH in a New Bull Trend (See previous 2 posted charts). Confirmed Trend Direction is now DOWN. This top was Verified @ 3:00 am EDT (enough time that even hans could have executed a trade) Once Verified, the target was 1.2875 (the last previous Support bottom). Trade entry would have been about 1.2895 Short. Once reaching Prime Support, price didn't give us an exit point (Price Failure) before falling even further through the last price bottom at 1.2887. We stay with the trade until either an oscillation is created that fails to make a LL or until Divergence is created. That Divergent bottom began being created with a price bottom at 5:03 am EDT but that bottom had already made a Prime Support LL breaching 1.2875 to 1.2867 so this kept us short. Then we Verified an oscillation failure at 5:17 am EDT where an exit was required at about 1.2872 for a NET GAIN of 23 Pips.

Another trade just set upwith another Prime Failure to short with another Verified oscillation at 7:35 am from a price top at 7:17 am at 1.2870. Entry here will be about 1.2865 with a target price of 1.2853. So far this trade has netted another 10 Pips.

Stop here is Break Even because I'm leaving for a while to go to my new home site and yell at contractors.

Amazing what can happen when you learn to read price movement.

It appears that you are trading my system:) ( although I normally trade it on longer term frames)
 
Quote from Buy1Sell2:

It appears that you are trading my system:) ( although I normally trade it on longer term frames)

B1S1, isn't common sense and logic a wonderful thing!

Trading the larger chart increments is definitely a less stressful way to trade. I just try to get my trading out of the way as early in the day as possible especially now that I'm building a new home. My goal in to progress into more Swing and Position trading once the new home is finished. I live in a major farming community and already help a number of farmers with their hedging using this.

I developed my version of this over the last 11 years and have been trading it successfully now for almost 7. Started off slow and have progressed as my confidence grew based on the consistency. The big difference between us is our indicators. I used to use the RSI a long time ago but wanted something more smooth and less erratic. That is why I choose the Ergodic.

I've followed a number of your posts and commend you on your patience. Keep it up and great consistent trading to you.
 
Quote from marketsurfer:

for those of you new to this debate, may i enlighten you regarding my concerns about professor logic. the professor was/is a vendor of market education--nothing wrong with this.

however, he made outrageous claims of accuracy on his website to lure newbies to his system. please see the attached link:

http://web.archive.org/web/20040204030359/www.logicalmarkettrends.com/2004+Program.htm


in the annuals of market chicanery, this surely ranks near the top--both in ridiculousness and sheer verve.

this is my only issue with the good professor--other than this, he seems like an OK guy.


surf

The link, like your argument, go no where.

Everytime I make a public market call (as rarely as that is), the results piss you off and you begin by stooping to your typical name calling. Give up and go back to churning your clients accounts for milk money.

Typical New York hack! Oh, but you seem like an OK guy.
 
Quote from ProfLogic:

That is why I choose the Ergodic.

I thought I recognized that ribbon of an indicator. I recently added The Ergodic to my arsenal (2 months ago). While I use it in a far different method than your use on the chart you posted, I certainly see its value - especially when used in combination with another indicator. If you achieved the previously mentioned results using The Ergodic, I can understand why people find the records unbelievable. If I posted the results of the tests I have run using this Oscillator, people wouldn't believe it either.

- Spydertrader

Disclaimer: I have never attended any seminar sponsored by or affiliated with Proflogic, Charlie Dow or any other person for that matter. I do live in the same state as the professor. Although he lives about 3 hours south of me, we have never met.
 
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