Patuca

yes i mean't traitor1. sorry.

look roger it was in the post you posted that you said i posted. don't you see the words in blue in your post about my post? i agreed to wait because cap bob asked me to wait till sunday but i also said i needed to hear more "uncles" and that i doubted anyone would guess it by sunday anyways. therefore...if i would have gotton enough "uncles" by sunday i would have given up the answer. it is no power trip ...just a few lessons in trading ...from a stupid riddle...along with a little fun...you of all people should know that traders have to give up and bite the bullet at times. the problem is we are an arrogant bunch of bastards. with america's "gotta win" ...never give up..attitude ...it is hard to accept a loss or accept that we can't do something. like i said nobody in 30 years or so has guessed the riddle. matter of a fact nobody has EVER guessed the riddle as far as I know. even though it is right there under their nose. observation is a key in trading....lessons to be learned from a stupid riddle :deal: ..

LOL :rofl: :shocked: now why would you come to such a conclusion?? lucky for you the internet is working enough for me to post the answer but too slow to flip thru all the posts on this thread to verify talond discovery of a miscount??? are you sure there are no hanging chads?

well like i said it may affect extreme scalping so you may have to adapt and not scalp. remember when stocks were 25 1/4 etc...we used to get taken by spec and MM back then. they generally always made the spread...when decimal system came the spread became smaller but it is still the same game. exchanges still take most of the public. i used to piss off spec when i caught them in a mistake such ...as ...when they opened the spread to much and i would jump in and take a slice out between the spread. that was money right out of his pocket. the spread is just less nowdays. same ole game just faster at nano level and computers have to do it but it doesn't really affect trading that isn't extreme scalping.

could you please list those post numbers and thread page numbers so i can continue my investigation? if i can verify what you are saying then i will have to promptly give up the answer to the riddle. by promptly i mean today. not tomm. i would look through all the post myself but my internet isn't working properly and it would take me awhile to go thru this thread. thanks

:shocked: :thumbs up: :applaud: :applaud: :applaud:

dear traitor1 i will investigate your claim. i may have miscounted. i take this seriousley. if i have miscounted i will own up to it (in trading we must not deceive ourselves we must own up to all mistakes and be honest with ourselves) and I will post the answer immediatley without further delay if i have miscounted. i have to take my wife to the dentist so i will look into this matter in a couple of hours or so. have a great day trading

roger i can see you are a pessimist by nature. nothing wrong with that..i am too. optimists invented the airplane..pessimists the parachute. however, don't give up all hope.. like trading..many blow several accounts before they finally learn to trade..must maintain a little hope along the way..:missy:

did you not read this part I need to see more "uncle" cries.

:rofl: :rofl: flak comes with the job. packaged with trading. many seem to be clawing at the PT??? not good to be "greedy" in trading. one has to learn to take the profits as they come. the puzzle profit is soon forthcoming...."i feel it in my bones" not in belize at the moment. will go to honduras soon. want to go? we can do a jungle adventure into real dangerous territories??? snakes, jaguars, narcos, gold diggers/panners, murderers. or we could just sit on the beach with pristine water and a laptop and trade our way to riches???

true but you guys along with MM's and spec used to horsewhip the public and laugh about it on the elevators home everyday. see it is now harder for you guys to beat the sh$t out of the public. it is now a more level playing field. datek used to really piss off the MM's. had to create island..etc.

suck it up pumpkin :rofl: :rofl: gotta like that. if anything they are making the market more precise...more liquidity as they operate off..well "perfect exact science" aka as math calculations devoid of emotionalism that humans have. our friend mitsubishi with out a doubt must love the algo's and hft's as he believes in trading with perfect math..right mitzy? they could affect ultra scalpers but not swing trading much. besides they are constantly evolving..if you are making money now, then you are beating them..so what is the worry? they are responsible for 70% or so of the volume. now a rogue algo/hft is a horse of a different color. but as long as they operate normally it is business as usual just more precise and more liquidity. SUCK IT UP PUMPKIN :rofl: :haha: :rofl:

seven is the number that popped into my head. I could change it to 12 if you like?????:rofl: Ps the rules teach humility...patience...plus give opportunities for more guesses. All traders should have rules. Again you will be pissed when you hear the answer. It is right there. Much of trading is about observation.....

yes thank you for being humble. One more and the answer appears.

thanks but it should have been obvious that i meant from seven traders on this thread..however with yours.. And the one after you that makes 6 so one more from a trader on this thread who hasn't said uncle and the answer will suddenly appear.

Mr felton down in s texas could cry uncle then only need two more afterhim:thumbs up:

cap bob is the one that suggested and i agreed but said i needed to hear more uncle cries. I have only heard 4 so i need 3 more from 3 diff people. I know it is hard to be humble when you think you are so good.

I dont remember ever giving a date. Could you refresh my memory with a post i made to that effect. What i remember saying was i want to hear 7 "uncles" from seven different people. I am still waiting. Ps the riddle does indeed have an answer.

the world isn't. Price may not be. Vol certainly isn't. You aren't. Science isn't. Even applying the most perfect science to the markets aka as math will render different results because the market is not aware of math :missy: The best i can tell you is printout 100 charts from last 10 years. Look at pb and price action around them and you might observe what i am talking about. If you are looking for perfection or the perfect system or perfect back testing then you are in the wrong business. All methods are inconsistent. That is why there are SL. Just when you think you have the market figured out it will kick your ass. :rofl: :rofl: :haha:

they have been trading against each other from the start of the molasses.

see This Constitution, and the Laws of the United States which shall be made in pursuance thereof; and all treaties made, or which shall be made, under the authority of the United States, shall be the supreme law of the land; and the judges in every state shall be bound thereby, anything in the constitution or laws of any state to the contrary notwithstanding.

see http://www.examiner.com/article/global-gun-control-critics-warn-u-n-treaty-would-undermine-u-s-gun-rights

see Global gun control law pushed by Clinton > Citizens 4 Freedom

case for holding thru 1st PB 1) 20 ema running at a nice slope down on first leg down of the measured move and is also trading under the 89 sma 2) urgency on top half of measured move. fairly large bear bars slight to no overlap. 3) small to no tails on first half of measured move 4) increasing volume but not excessive vol these observations lead credence to a possible measured move 2nd leg down at least as big as the first leg of the measured move down. as mentioned earlier in previous post different ways to trade it. whatever floats your boat. you just gotta take the gamble (risk if the word gamble annoys you). nothing is certain. but you got place your bets when odds favor your desired outcome. you also have to know when to fold up and get out of the trade. 1) taking too long to pan out 2) to many doji bars indicating both sides battling it out and neither in control 3) PB's too big or too many bars (if too many bars then action to the left of PB is losing its influence on price. 4) pain level too much (that is subjective..each have their level..use stops to control that for yourself) in this case 2nd PB of this measured move down was a one bar pullback and trend immediatley resumed in direction of previous trend with urgency. notice largest bar in 2nd half of measured move has quite abit more comparative vol than previous bars..indicates move down may be exhausting itself...time to start looking to possible get out as measured move as also been reached or close to being reached. bye

no. nothing is exact in the markets. these are not rules but general guidelines. they will fail at times. hopefully they give a slight edge (which is all you need really). basically the principles these guidelines undergird are: view towards larger intraday context. does the market appear weak or strong (size of bars and bearish vs bulish (more bearish or more bullish bars (indicates where tarding pressure is)? trading near previous support/resistance? trading near previous days H/L. what is general intermediate trend of the day (markets tend to keep doing what they are doing-(inertia). more immediate context i.e.PB itself). is it a flag? wedge? slope? size of bars? bearish/ bullish bars. tails on top or bottom of bars? volume on pullback (generally you want to see less vol on pullbacks for a continuation of trend)? is there followthrough on the bars of the immediate context i.e the PB context? for example in the chart we see pullback starts with what appears to be a fairly large bullish reversal bar but 3 bars later we have a bullish bar still but a large tail on top. this indicates sellers coming in the market. next bar is bullish..makes a lower low than previous bar and has a tail on top. this indicates selling pressure still there and PB may be ending. I would place an order to short 1 or two ticks below this last bull bar because if market continues down, and i get in then, then chances are i can make at least a 1 to 2 point scalp to the next pullback. i lock in profit on next pullback and wait to see what that pullback does and if favorable i re-enter short. in this case the pullback was a 1 bar pullback it was favorable for an additional 3 pts. an alternative is to hold through second pullback, however one runs the risks of the second pullback retracing to far and taking away the first 1.5 to 2 point profit. another alternative is to unload part of postion at first pullback and let the rest run to the next pullback. however, there was a good reason for doing this. will explain in next post. in summary: 1) larger intraday context 2) PB context 3) PB volume 4) PB follow through certainly not perfect. trading is always an uncertain business. you just have to look for an edge and basically take a gamble you "might" be right. i am ok with that. it is a foggy world. if you don't like the word gamble you can substitute "risk" for it.