egggzactly :)
TA is always successful. Maybe you are not (not you personally, but the trader) or maybe the conception of TA that you have may not be working,...
I disagree with the above point. TA is EVERYTHING. But problem is very few understand CONTEXT. If you understand the markets for what they are...
Why do you say that? Everyone reads out of the same TA 101 textbook, and just about 'Everyone' (90-95% of retail traders?) get reamed...
That being said, I do agree that a rally is likely to take place. But me thinks it will be shortable...how many perfectly aligned triple bottoms...
Could be. But that's predicting, always disastrous to one's trading account over long enough time line. True, sentiment is back down to past IT...
Hi Catalyst, I'd think a good chunk of ES trading is done by speculators. It provides, IMO, one of the most comprehensive, liquid, markets for...
Ahh ok...makes sense. thanks.
little confused w your analogy...what's a 'nip'?
Very nice analogy :)
Yea, Mauldin is great. Check out Hussman also...his weekly commentaries are top notch: www.hussmanfunds.com
So although I love your little kitten photo ASusilovic...I think this one is more fitting...
Great photo :) Don't think this market is hibernating tho...seems like it's building fuel for a durable move...55 is an important # if you...
What makes you say that?
Read the book "Evidence Based Technical Analysis" by Aronson. None of these simplistic TA methods work...My group of trader friends and I call it...
Hi goalgetter. My point is forget indicators. Anything that is available mainstream as indicator will not work; that's the crux of my argument....
Couldn't agree more, Volente. All of the standard indicators are backward looking and will only work in certain market conditions; when these...
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