marketsurfer reminds me of those fat/chubby obnoxious bully-type kids in movies. he just has to win the debate...get the last word. he's right, and that's that. -- there is no arguing it. (the funny thing is...he kind of looks like that in real life.) -- there's a photo of him in one of the Palm Beach forum meetup threads. he was wearing pink pants slacks (or light blue or some pastel color), if i recall.
Yes, via Kiva. I had assumed it was a link to charities for starving and dying children until the truth was revealed.
Oh wow, what the fuck!? I just came back and there are pages and pages of bashing and negativity. Some people here are just emotionally disturbed, there's no other explanation. Now, on TA... TA is not a testable method. We all could take the same classes and read the same books on TA and we would apply it in completely different ways. Some of us would be profitable, some won't. If most wannabe-traders fail, it's expected that many would blame the method, while the few successful traders would attribute their success to the method... The say I understand TA is very simple. I don't care if it's a diamond, a flag, a wedge or a bird. Most of my trading is based on simple TA concepts: s/r, moving average as support, resistance and trend tracking, simple candlestick patterns (mostly top tails, bottom tails and elephant bars) and trend lines. Most patterns arise not only because of market participants' expectations, but because institutions need to execute gigantic buy/sell orders, and their actions will be reflected on the price. To claim that it's impossible to trade off the 5m chart because of hft is just absurd. Just follow aapl for a week and you'll see what I'm talking about. But forex is a different deal, volatility is crazy.
You lie, surf. And it's a pathetic lie. You actually posted once to the ACD thread. But not to bash. You wouldn't dare. As WRB pointed out, "The ACD Method" is the biggest thread in the TA forum. Everybody knows what it is about (TA), even those who have no interest in TA. What a silly lie you tell. WRB has your number. You don't dare do to the ACD what you've done to practically every other TA thread. This is just the latest of any number of threads that have done precisely that: http://www.elitetrader.com/et/index.php?threads/too-good-to-be-true.296850/
Is that the ACD method on your link? I don't get your point. Once again I challenge anyone to show a "profitable price pattern" that can be tested and proven to increase the odds of a winning entry by over 50%. surf