Excellent point. More work needed there for sure. I'll cancel the yacht order for this summer. :D Re. Spyders debrief above: I thoroughly...
Today's Nikkei chart for those interested. AM was well behaved (like a smooth downhill race course), the PM was more technical with a lot of HVS...
I've mentioned this to Spyder already: The elephant in the room is: how will you perform when real money is on the line. The detractors focus...
This is actually an intelligent motion worthy of more debate. I'll leave it up to Spydertrader, if he wishes to respond. Thread could be put...
Come on own up: who PM'd Mr Balls? That's too funny. Or sad, I can't decide.
Last May gave me the heads up that it is good to be prepared to trade the short side. So I focus on futures.
I've just changed my chart background to eggshell. It is very calming compared to the black I was using before. I just wanted to share that with...
Thanks I'll try that. Could turn out to be one of the more valuable posts I've read on ET. :)
Not that I'm qualified to give advice really, but remember that price action determines the channels not the other way round. Subsequently price...
I assume we are meant to be fooled into thinking the vertical line on the left is shorter than the line on the right? Well, the "windows" on...
Hi Gerry this is just a hunch of mine as I don't know you at all, but I'm willing to bet that if someone took the time 1on1 with you to explain...
It's a funny thing, price. Some of the buyers would be shorts who were taking profits too soon. At every price level and time-frame there is...
Interesting choice of words. I do not see it as a fight, more like 2 camps: The amused and the confused. Anyway it is the year of the golden...
LOL - you're a class act Mr Pinochet, sir! Yes, you saw very clearly why these stocks are 2+ Beta.
Translation: "A gifted old school energy trader shares a similar approach to the market as Jack. While he was at GS, he had to remain within...
I couldn't resist jumping on this assertion you make. Cracks me up when people say they know something when the evidence suggests otherwise....
Could be months before the initial TL is touched again. Did anyone take out more than the H-L range? (Too busy holding onto your hats, I bet!)...
I'm not Spyder :), but the FTT on your chart looks like it formed 3 days ago (long channel) at the 44 level. You have labeled where you anticipate...
I couldn't agree more: early exits for a few ticks will lead to mistakes longer term. Good post I've printed this out.
Very nice. How do you decide between the Nikkei and the HSI? (Do both?) P1 PS. anyone know why the markets are moving so I can sound...
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