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SunTrader
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Everything posted by SunTrader
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Gun nuts like to point out high gun murder rates in cities like Chicago and Washington, DC with tough guns laws. In isolation it is hard to point to studies and say a ha. See it works. Oh no it doesn't. Guns don't stop at city and state borders because of a law on the books. If anything they move into areas that are restricted same as the bootleggers during prohibition.
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Wrong. They are not legal for new purchases. They are legal by those who had already owned them before legislation outlawed them and can actually still be sold to others if need is shown and proper licensing are obtained to effect ownership change. Of course it is probably a snowball's chance in he!! someone would acknowledge owning such weapons and also that they would like the government's blessing to sell them to someone else. George Carlin - said something like "ban toys guns but allow the real ones. Insane".
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I don't appreciate wanton violence portrayed in Hollywood movies, X-box games and in the minds of many gun collectors. Bushmaster ad slogan "Consider your man card reissued" which they have now taken down off their site. Wonder why? If I had the final say, which obviously I don't nor anyone else in this fu@#ed up world, would ban MOST guns - not just assault, semi-assault, pseudo-assault guns. No condescension just opinion, like everyone else.
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Maybe not just psych deficiency. Big gun makes up for shortcoming somewhere else too.
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That's ok. Keeping believing that. I guess you "know" who it is that might have plans to do you harm possibly someday. And if so you will beat em to the draw. Just like on Gunsmoke. :rofl:
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Oh killing 26 in 4 minutes has a way of doing that.
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........... such as 81, 131, 181, and 239 ........ You mean 89, 131 etc
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Some of the best trades are those which initially "look" bad.
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Come on - a 200 sma on a 5min chart (even though not specifically referred to) equates to 16.67 hours or not much at all. If you are going to teach trading .... in whatever capacity.... use appropriate measures or leave them out entirely. So many point to 200 ma's because "so many use them" because so many point to them because ........ ad nauseum.
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Moom will also be at perigee midnight Dec 12th so if gold continues higher till then might be a point to go short. That is if today's current weakness changes.
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No matter where you go, there you are.
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Midnight Oil :thumbs up:
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The interest in the "Royals" or non-royals such as the big-booty Kardashian woman baffles me. Seems this nurse was another victim in this excessive idolatry.
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Reflection of the CME being closed, yet so many tout how more important London is to gold trading.
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What is Real and What is Not in Technical Analysis
SunTrader replied to PristineTrading's topic in The Markets
I can, often . -
What is Real and What is Not in Technical Analysis
SunTrader replied to PristineTrading's topic in The Markets
Ok I see what you mean. I read this originally on Bloomberg and posted it, in defense of Tom DeMark and his techniques, on Elite Trader. Not tht he needs defending nor cares what some troll on ET says though. -
What is Real and What is Not in Technical Analysis
SunTrader replied to PristineTrading's topic in The Markets
Diverging? In what way. -
What is Real and What is Not in Technical Analysis
SunTrader replied to PristineTrading's topic in The Markets
That is obviously your definition of Adam Smith. -
Also at perigee and a Solar Eclipse the other day altogether should make for fireworks in the markets.
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Also top of the cloud and Boll Bands so down might be the direction. But I'll wait and see which way it breaks before joining in. Silver the same.
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Doji spinning top dailies on decreasing volume and narrowing Bollinger Bands means a move, (which way?) possibly big, is approaching.
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Fib points for example have worked long before anyone was even aware of them. I can post Dow charts from early 1900's if you don't believe. Floor trader pivots also worked long before the masses were aware of them. When they work, which obviously is not everyday in every trading situation, they work because they are "natural" dynamic trading levels. So once again no I am not thinking about what other traders are doing, just price. Although in a sense that is from what other traders are doing. But I don't expect these levels to magically work at all. I just react when they do, which is more times than not. As I have pointed out previously all this is not on a micro trading level. H1 or much higher.
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Price action along with floor trader pivots, market internals, swing hi/lo's, fibs, and even an indicator here and there plus what else ...... the close of the bar, plus a couple of ticks, to confirm follow through. But not on a micro level. If I did that I would just use price actyion but I know from my own past experience and many others experience that only the best of the best can rely on P/A alone.
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I don't know about anyone else but I don't trade based on what some other anonymous trader(s) out there in the trading world is looking at on their screen.