I have attached a chart showing how support can be an AREA or ZONE. This is the DOW daily chart. It is self explanatory.
Niha makes some very good points. I think the most important points being: A support or resistance point is defined by the trader. What...
How long I hold these trades depends on the market action. These type of trades are more of what is known as 'swing trades' being that I could...
The attached 60m Dow chart is what I see as a great chart pattern. Great does not mean that it has a greater chance of being a successful...
As Niha stated, Hammers with other confirming factors, and we all have our own factors, are yet another look into underlying buy/sell pressures....
sidinuk thanks for updating the website Excel tracking sheet. Since January the market has had a bit of a personality change. Many...
Any updates to current results on the website any time soon? Thanks.
What does cycle trend line mean ?
Here is an update of the triangle drawn above. And, as usual, my posts are in realtime. I don't say this to sound arrogant, I state this to...
Would love to see a few bars consolidate at one of these lines. Consolidate meaning the bar sizes are small and somewhat inside each other....
What do you mean by this ?
People think of mechanical trading as a set list of rules, period. Right ? Well, if you are a "good" discretionary trader (profitable) then you...
Has something changed? I see a couple posts back that someone refers to October 24 on the website showing a trade for YM but when I go to the...
I don't understand. I looked at the results from the web site on YM for 2005 in the "<1.6" column and I see +732 points. Even after...
http://www.elitetrader.com/vb/attachment.php?s=&postid=779363
Anyone else ? Did you have 10450 or 10451. I use Esignal. I think sidinuk uses TradeStation.
I'm curious: The system results for YM in August do not show a trade on the 26th. I see the opening bar of the day at a high of 10450 and...
I agree. Get at least 80's on practice exams. Should be scoring higher though. Also, keep in mind TIME on the practice tests.
A backtest using YM with the rules for the system as they are but for different years. Would like to see unfiltered and filtered 1999, 2000,...
Anyone care to run a backtest on later data ?
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