Nothing is so guaranteed to make ET go braindead as to start a thread on a simple alternative to SCT. Art restored to ET's attention a method revealed by me months ago which makes in reality a significant fraction of what SCT CLAIMS to make. The objection is always raised that I do not reveal the details of the method, though any fucking idiot could figure it out from the coprolous hints I have given. What difference does it make that you can't understand it? You can't understand SCT either! But no. ET must focus on personalities. Proof, if ever needed, of ET's lack of REAL interest in trading. ET is all talk and no walk.
Permit me an example. Attached is today's TDT of NQ. It called sell in the first ten minutes and held the short all session. What could be more elegant? And less stressful? Lala. Think of some of the most brilliantly simple inventions of the nineteenth century. The valve flush toilet. The chainsaw. The thermostat. I create trading systems which are no less brilliant in their deceptive simplicity. Doaks joins the Pantheon of Crapper, Stihl and Johnson.
The fact that Tums is in love with Jack and his smoke and mirrors show says all one needs to know about his judgement.
Did SCT get faked into shorting the mid-day consolidation? TDT didn't. Times Pacific. <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2128421>
"I am Legion, for we are many." And ET are the Gadarene swine. We all have our part to play in the ET drama.
You need a magnifying glass to look at the chart. <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2128437>
It projects quite adequately on the Starship Enterprise screen from which I trade. In any event it plays a small role in the grand scheme of my charting. The main event is on a one-second chart compressed and extended to represent every ripple and fart in the day.
The RippleAndFart Chart. Is that big enough for you? It extends for 30 feet around the control room of my spaceship. And I am in the middle of it all, causing ripples and farts with the sheer power of my will. Who do you think it was that caused the double bottom in the overnight market? I, the Great One, did it with merely one carefully timed single-contract long trade when the spread was 4.75 points. I monitor the heartbeat of the market. Nay, its respiration and peristalsis. I know when it has wet dreams, and when its ass itches. The third study from the bottom is TDT working its ineffable magic on the one-second time frame. I would chart ticks, but I would need to buy a larger spaceship. Not to mention more Kool-Aid to power it.