You ever notice that when swing trading your trading plan you make 2-3 days before the market turn, and 4 days + before the move is the most...
There is however a way a new system of trading could come to be... We simply get together the biggest trading firms and traders in this market......
Tom Demark? Never heard of him... Here is a quote from George Taylor... "The book trader simply follows the trend of prices as they are...
What are the reversal counts you ask? The reversal counts are the confirmed buy candles. The two at the market turn that are key to judging how...
I see a lot of idiots on ET shorting or going long right into the face of a 1-2 count on the reversal... It's quite hilarious. Your odds of...
To judge the strength of a move... I look at the first two confirmation candles of a move... This is why I am skeptical of this market making...
I use to have a general rule of thumb that a bull market correction lasts two weeks... While it's true the main selloff is two weeks... If you...
Hmmm, actually... Looking over my waveforms I am seeing quite a few exact 8 counts. Fibonacci number sequence 3, 5, 8 Honestly I don't think...
The only numbers I have noted of large importance are 3 and 5. Edit: Just looked back through the charts... Counts of 8 and 13 are not...
Note... Candle counting only works to analyze market strength on the timeframes that the game is being played on. 5m, 15m, Hourly, Daily,...
These same candle counting techniques even work on the fifteen minute and hourly... Buying engulfing candles works as a technical signal... You...
The market won't necessarily ALWAYS bottom or top at the 4-5 count, but it will attempt to. The price activity around the 6-7th count in a strong...
I realized that one of the key techniques I use to judge the market is just candle counting... So I tossed the counts up on my candles... (Yes, I...
Wall street is the home of ego and big swinging di*ks. It's not a bad thing. It's part of the culture. Love it or leave it. :D
It's not HFT programs. It's buy/sell accumulation distribution alogo's... And, yes... I have found two different ways to detect them. It's...
Thats exactly why you never tell anyone your positions. It's like telling others your cards in a game of poker... Beyond stupid! :D
Ah, a mentally blocked one. :D Feel so sorry for you... So sorry. :( Oh you get my pity poor soul!!!
People who use these systems don't usually take into account news catalysts and the fundamentals that drive the market cycles. Wave cycles...
Likely have this one key thing missing from their understanding... Price itself is a "Trending Oscillator". :cool: How do you take advantage...
Cramer... Heh heh heh... Blew up his hedge fund spending too much money manipulating the overnight futures up and down...
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