Yeah okay dbphoenix. LOL! I am almost 60 years old and have been trading since 1981 fulltime. I have put my children through college at major...
While I edited the bulk of your post JT, you are right on the money. In the case of a movng average, it is reversion to an ever-changing mean....
You are missing the point. A moving average is derived from price and therefore follows price, but it also will act as a barrier to price because...
And when price pulls back to a popularly followed average, finds support, and rallies... is this the average following price? No.
one eighty two even would be 481.80 bid, 482.00 offered. He will just say the last whole number most of the time and then every 30 seconds or so...
LOLOL! Gee Fin, where is it you hang out.... pun intended, that you can "pull out the package" as a means of communication and not go to jail?
You are just this close to understanding it TGregg. It works better if you are watching the price at the same time. First the proper way in...
Avalanche I am not sure about your question because my quoted reply refers specifically to the daily 13 period ema.
Which brings up a good point. I am sure visually that the 10, 11, 12, 13, etc ema's all looked like support. Unless you are doing cycle analysis...
I only use ema's on futures because that's what the futures guys do. And on futures the 13 pema is fairly common. On my charts then, the daily 13...
Why this concept escapes the market efficiency discussions here on ET has always confused me. Market efficiency is all about the current price...
LOL! There are many times I would have to agree with you 'rock.
My feelings exactly on both points spreadem. I get frustrated enough with the spits and spurts throughout the day and those few pennies mean...
No problems on the upgrade to 4.3 addict. I would call the tech support. Good luck with it.
I've been trading for 20 years so I remember the days way before the internet. And I'm not looking for nickles and dimes either so the delays are...
Thanks trader 42, however I think I haven't been clear enough with the question. Perhaps a recent example will better illustrate my question.......
No, but it is widely true that the urge to post and make fun overwhelms many ET members. Never base the worthiness of your posts from the quality...
I used to trade with IB and enjoyed flash fills thru TMBR. No waiting to find out etc. Now for size reasons, it is less expensive commission-wise...
As you know, a properly drawn pattern contains the price action within. Sometimes a very early minor penetration is allowed, but if a penetration...
I put my price in below the bid price... usually 3-4 cents.... and use a limit order. In this way I am telling the MM or Spec that I want this...
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