Charlie Dow, thanks for all your contribution to this community. I really appreciate it. Just looked at the Euro again and it's so sad that there are no such things as trends, I wonder how I ever can make my pips . I better grap me another portion of Tiramisu ;-). Happy trading, fritz_haber
Cosmic, thanks, thats the other one . . . Neuroshell. Tradestation's contract or volume bars are are built inconsistenly so you are correct, they are no better than tick charts.
which trend are you girls talking about? primary, intermediate, minor? there could well be different methods for each.
Cosmic?, did you get any of that Euro this morning 114 pips in an hour from the Prime confirmed bottom? Trading is a wonderful place with wonderful people thoroughout . . . and Christmas is coming . . .
girls? Female traders? In a trend discussion? Female traders do not exist . . . they are a figment of those silly trend followers imagination.
Interesting that you consider scattered pieces of "information" as a form of "giving back." When you give to charity, do you throw coins that the unfortunate have to run after to catch? If you want to "give back" then by all means do so. But let us not mistake that with what you are doing. You seem to be giving just enough "information" to the needy here in order to pique their interest. The only question is, at what point will some of them say enough is enough, I don't want to chase my tail looking for - and piecing together - scattered clues anymore, how much for the course? That's what it's all about, isn't it, Charlie? And that's fine. That's marketing. But it is not "giving back." Not necessarily. It depends on what you promised them. If you only promised them a hot meal and a seminar, then they would not likely have an actionable claim. However, if you promised them that it was "impossible" for the market to immediately go against their entries, well, then your life would get a little bit more interesting.
Thunderdog, most people don't see a great opportunity, because they only see that they have to work first. All information Charlie has reffered to is spread out an ET and on other sites. The only thing one has to do is some work and apply common sense to the information. Some have done the work, some have not and will probably never do. It's the sad thing with most of the traders - everything has to be instant (coffee, sex, trading ...). If it does not jump out of the monitor and bites them in their face immediately the chances are high that they give up. We both know that this is not the way it works. Just my experience. Happy trading, fritz_haber
Thanks Charlie, thanks Fritz (I had no idea eSignal actually is really useful) To Victor S: I have a Market Profile background, I think Dalton's way to define trends makes sense. That implies differentiating between the bulk of volume moving or not moving and single spikes (call them oscillation if you want), that are governed by their own rules. I do believe in trends (underlying forces of supply and demand). It doesn't make any sense to measure a single price you happen to like though. You have to catch the center of gravity and that's not that easy.
oh trading indeed is, especially if you look at the swings in the euro - this is not even funny anymore. :eek: it has been trying to create that longer term bottom since some days, but after it was confirmed these longs are real easy. though there was also a good counter chance today around 10 est, just a matter of your comfort zone I think. happy trading - cosmic