I hope he's not selling the CCI :) All of it's uses and misuses are freely taught all over the internet :) There's nothing in the CCI that's...
Because I trade reversals, I step right into chop.
Nice one :)
In certain momentum cycles, stochastics or any other oscillator should not be used at all. A few of my posted charts have shown that. All in...
The most important thing in trading is simply what you "SEE". Winning traders "see" things that losing traders don't "see". All traders make...
Sierra Charts will soon have P&F charts with the "x's" and "o's".
Yep, 30% is pretty low. Worst case scenario.
Well that depends on your reward/risk and how tight your stop is. A very tight stop and a reward to risk of 4 to 1 or 5 to 1, 30% can make you...
Nice Chart, I assume that the blue dots don't repaint or move, correct? In my methodology, all I trade is "turns/reversals". I can do...
That's exactly how I do it :) Nice post :)
If there was a "popular," "to the point" way to identify trend, we would all be rich. What the market really loves to do "is not trend"....
Divergence in and of itself is a horrible way to trade. Statistical support and resistance is needed. Some traders do quite well with MACD...
All that's important is that YOU make money. All this other stuff is irrelevant. Woodie used to call out all of his trades in real time, and...
I use Skype also.
Very nice post. You are right, most traders make the mistake of waiting for indicators like "Stoch's" to "turn" or "cross". Normally, by...
Clearly not a macd cross. Not enough lag.
Thanks for the reference, I will look it up :)
That's not true :)
Is this system "private"? It looks good "after the fact". How does it look in real time? How "stiff" are the stoch's. Do they "flicker"...
You are correct. He is a very skilled (and profitable) trader. Goinglite
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