HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US
Elite Trader Your Account  •  Become a Member  •  Help  •  Search    
    Forums ›› Community Lounge ›› Chit Chat ›› Technicians with holes in their shoes and frayed shirt collars  


Post A Reply
    Page 14 of 16:   « First Page   5  6  7  8  9  10  11  12  13   14  15  16  
RCG Trader
 

Registered: Dec 2009
Posts: 10230

 

03-10-10 08:56 PM


Quote from ProfLogic:

It sure won't be calling a position trade long in the Euro with it consolidating between 1.3705 & 1.3536 and strength still down here.
The short since the beginning of December is still valid with a stop at 1.4033.
Are we creating a bottom here, yes. Is it confirmed yet, no. Is it safe to go long here, no.



Wasn't there a thread on this topic that was like 100 pages long about why you decided not to copywrite that flow chart, or the indicator??

Newbies

Edit: I see surf is back from the dead. You should not have made him look so bad in his journal, Prof, now this is what you get

    Edit/Delete Quote Complain
RCG Trader
 

Registered: Dec 2009
Posts: 10230

 

03-10-10 09:00 PM


Quote from 20angryguru:

Let's see how surf's non TA, non Trend trade works out, called in real time: LONG the EUR/USD @1.3666
http://tinyurl.com/yfetfaf

see illustrative not predictive chart

Let's see one of your calls, Dr. logic LOL !



Surf, is that you?

You do know you have been banned for this type of activity at least twice before

    Edit/Delete Quote Complain
ProfLogic
 

Registered: May 2004
Posts: 6424

 

03-22-10 02:25 PM

Quote from 20angryguru:

Let's see how surf's non TA, non Trend trade works out, called in real time: LONG the EUR/USD @1.3666
http://tinyurl.com/yfetfaf
____________________________________________________
Just wanted to mention the Surf's call was again a beautiful fade for 200 pips or $2500 per contract . . . so far.

    Edit/Delete Quote Complain
kut2k2
 

Registered: May 2005
Posts: 3150

 

10-29-10 02:20 PM


Quote from ProfLogic:

Do the leg work on your own. Contact then for a sample of their Erogodic indicator. Once you get it I'll provide you with the documents that show the parameters they use I created and have been using for 2 years before they started offering it.

I don't care because they don't know how to use it nor do they instruct others on its proper use. I give it away anyway. I just think it is a hoot that they repackaged it and are selling it.

I've searched and can't find any Ergodic Indicator for sale on Jurik's website. And the Ergodic is a publicly disclosed indicator already. So basically you're accusing Jurik of stealing and selling your settings to a free indicator?

    Edit/Delete Quote Complain
ElCubano
 

Registered: Jul 2002
Posts: 6910

 

10-29-10 03:04 PM


Quote from crgarcia:

University professors are sometimes asked by their students, "If you're so smart, why aren't you rich?"
The question usually rankles professors, who think of themselves as passing up worldly riches to engage in such an obviously socially useful occupation as teaching. The same question might more appropriately be addressed to technicians.

For, after all, the whole point of technical analysis is to make money, and one would reasonably expect that those who preach it should practice it successfully in their own investments.

On close examination, technicians are often seen with holes in their shoes and frayed shirt collars. I, personally, have never known a successful technician, but I have seen the wrecks of several unsuccessful ones. (This is, of course, in terms of following their own technical advice. Commissions from urging customers to act on their recommendations are very lucrative.)

Curiously, however, the broke technician is never apologetic. If you commit the social error of asking him why he is broke, he will tell you quite ingenuously that he made the all-too-human error of not believing his own charts.
To my great embarrassment, I once choked conspicuously at the dinner table of a chartist friend of mine when he made such a comment. I have since made it a rule never to eat with a chartist. It's bad for digestion.

Burton G. Malkiel
A random walk down Wall Street




My next door neighbor is worth about $12mil and he looks like he is on food stamps.....keep that in mind...peace

    Edit/Delete Quote Complain
ProfLogic
 

Registered: May 2004
Posts: 6424

 

10-29-10 03:16 PM


Quote from kut2k2:

I've searched and can't find any Ergodic Indicator for sale on Jurik's website. And the Ergodic is a publicly disclosed indicator already. So basically you're accusing Jurik of stealing and selling your settings to a free indicator?



Wow, talk about left field corner.

The Ergodic is a publicly disclosed and free indicator but it can be customized and adjusted to literally millions of unique settings. My customized setting as are only good, as far as I've tested, for use on constant volume bar charts.

One of the things Jurik does is to try to smooth common indicators, so why wouldn't they try to smooth every free indicator and offer to sell it?

Prior to the date of my post in March Jurik offered a customized indicator that was amazingly similar to my customized Ergodic. I was contacted by two separate programmers that had received a trial version of that indicator and contacted me of the amazing coincidence and similarity.

No, I am not basically accusing Jurik of stealing and selling my settings to a free indicator. I am saying that considering the coincidences someone in their organization should get a new position of buying chances in international and national lotteries.

    Edit/Delete Quote Complain
    Page 14 of 16:   « First Page   5  6  7  8  9  10  11  12  13   14  15  16  
Post A Reply


Receive an email whenever a new post is added to this thread by subscribing to it.
 
Rate This Thread:

Forum Jump:
 

 

   Conduct Rules  -  Privacy Policy  -  Day Trader -  Day Trader Forum -  Best Trading Software -  Sitemap Copyright © 2013, Elite Trader. All rights reserved.    
 
WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Brokerage & Clearing
AMP Global Clearing
Futures and FX Trading
Bright Trading
Professional Equities Trading
CTS
Futures Trading Software
DaytradingBias.com
Professional Trading Analytics
ECHOtrade
Professional Trading Firm
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
MultiCharts
Trading Software Provider
NinjaTrader
Trading Software Provider
OANDA
Currency Trading
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thinkorswim by TD Ameritrade
Direct Access TradingAdvertisement
TradersStudio
System Building & Backtesting
Trading Technologies
Trading Software Provider
Trend Following
Trading Systems Provider