Get rid of indicators but then use pivots? What do you think pivots are. A calculation of previous levels. And what are indicators - calculations of previous levels. + + + If market fails to behave the way it should cane be the same as breaking out ...

Getting rid of indicators

The only thing further I would add is that Bulkowski's studies seem to reference daily and/or weekly timeframes. Does he look for and does his statistics bear out the same on shorter timeframes?

Indicator Free Trading - Skunny

It's your thread and you are entitled your opinion. But for the sake of the record I thought I'd mentioned it and for those who might be misconstrue that it was only my opinion is why I quoted from a trading book. Many look for additional ...

Indicator Free Trading - Skunny

OK I see that you might jump on board a 3 after a reversal sometime in the recent past. I use TDST basically off of TD SEQ because the version I have (actually all legitimate ones) plots a box around the 9 bar setup zone automatically. If I have a ...

DeMark Indicators (ADVANCED)

Sizz. I would define prominent as 2 or more. Can't be any more prominent than that. Doesn't say 3 or more.

Indicator Free Trading - Skunny

One of the basis tenets put forth by Charles Dow in the Dow Theory is that security prices do trend. Trends are often measured and identified by "trendlines" A trendline is a sloping line that is drawn between two or more prominent points on a ...

Indicator Free Trading - Skunny

That would have been a nice setup commonly referred to as a box play. Bracket the upper and lower trend lines with a buy stop + 1 pip above and sell stop - 1 pip below the box to stop you into a trade. Then whichever way the trade goes an exit ...

Getting rid of indicators

Kind of interesting but at the same time kind of revisonist. I made it half way thru part 2.

Cesarnc's market talk, gossips, rumours & fun

With your tootsies showing I guess more seasonal temperatures have returned?

Cesarnc's market talk, gossips, rumours & fun

1) If you jump in on bar 3 why bother at all with TD Seq. 2) Thats why I use other confirmation to determine whether to take a 9 / 13. If the r/r favor it then go for it otherwise pass.

DeMark Indicators (ADVANCED)

I have them but they work in TradeStation and also the code is locked so I can't help you. BTW TD Seq is used to catch tops and bottoms. That is the idea - projecting possible reversal points.

DeMark Indicators (ADVANCED)

Now you went and done it. I am going to have to spend the weekend looking over my shoulder. What was that, huh? You and Johnnie Walker have a good one.

Cesarnc's market talk, gossips, rumours & fun

Past History.

Cesarnc's market talk, gossips, rumours & fun

I think the stock markets are trying to call Bernanke's hand. If it goes much lower may get a a rate cut surprise before the next fed meeting at end of the month.

Cesarnc's market talk, gossips, rumours & fun

Dow now broke yesterday's low and then some.

Cesarnc's market talk, gossips, rumours & fun

Yup its the one thing keeping the US$ really dropping as much as it needs to. Many other currencies will drop as well. As the expression go, be careful what you wish for - you might get it.

Cesarnc's market talk, gossips, rumours & fun

Big drag today on the Dow AXP -5.20 -10.6% MCD -4.22 -7.22%

Wall Street close watch

Found the drag on the Dow today: Some of our fellow fat Americans are not eating their share of McD's prime filet of fast food : like they ought to. MCD -4.22 -7.22%

Cesarnc's market talk, gossips, rumours & fun

Is that like prolly?

$ 2.4 Billion Scalper System

What about Mr Merrill? At one time there was 5 of them. Merrill, Lynch, Pierce, Fenner and Smith. Talk about a pack of Hyenas.

Cesarnc's market talk, gossips, rumours & fun