Trading with price action

Discussion in 'Strategy Building' started by inandlong, Feb 14, 2003.

  1. My bad on the use of the word proper. It has been deleted. Thanks wally, very good point.
     
    #81     Feb 17, 2003
  2. mktman,

    Yes, you're free to state your opinion. However, I don't see what benefit your post did. Deliberate or not, look how jack took it:

     
    #82     Feb 17, 2003
  3. Fluidity, please go back to your "Utterly Useless Verbiage" thread. That's right where you belong. :D

    Thanks,

    F. PeBBLe
     
    #83     Feb 17, 2003
  4. Fair enough Gekko, that is where I belong anyhow...
     
    #84     Feb 17, 2003
  5. Don't let the door hit you in the a$$, Fluidity.:p We need some more "trading" limericks anyway. We all know how useful those are when making trades. :(

    FRuiTY P.

    ps First it was ALICE and mrmarket. Then Vinny. Then OPTIONAL777 and aphexcoil. Now Gordon Gecko.. Who am I going to be accused of being next? Baron?:eek:
     
    #85     Feb 17, 2003
  6. CWU

    CWU

    As an end of day data trader only, I've been getting my best results both long and short with a combination of P&F charts and swing charts.

    The swing charts are daily and weekly. The weekly seting the trend for the daily. I'm using a bastardized Krausz system (I've created one swing algorithm in addition to his requiremets). The lines are simple and easy to draw and there is no lag. What is, is.

    Chuck
     
    #86     Feb 18, 2003
  7. What you mean by 'there is no lag'?
     
    #87     Feb 18, 2003
  8. Wally,

    Between the 'map'(indicator) and the 'territory'(price action)...
     
    #88     Feb 18, 2003
  9. I guessed that, but I am still wondering why there is no lag.
     
    #89     Feb 18, 2003
  10. Wally he is not relying on an idicator to filter and make sense of the action, therefore the only lag is the amount of time it takes for the market to make the info availible and the amount of time it takes him to process it...

    Indicators lag the actual action...
     
    #90     Feb 18, 2003