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Tams

Market Wizard
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Everything posted by Tams

  1. then another trend begins, a new friend is formed.
  2. the sad thing is... this is not the first time they blow out. according to many posts on various forums over the years, people have observed their losing trades that mysteriously changed position and became winners. sad... but there are more desperate brainless sheep with wool over their eyes than thinking men with emotion in check.
  3. the one you found is the latest one.
  4. see this post (#3): MultiCharts: Trading Software for Automated Trading and Backtesting • View topic - EasyLanguage / PowerLanguage FAQ
  5. the trend is your friend, your only friend.
  6. another good thread that did not make the front page: http://www.traderslaboratory.com/forums/psychology/10315-could-huge-winning-trade-youve-been.html
  7. thanks for the compliment. what you are looking for is the 3rd highest bar in a group of 3 bars.
  8. have you tried the search ?
  9. Tams

    Bernanke Speaks

    Thursday Jul 14 Ben Bernanke Speaks 10:00 AM ET Chairman Speech Description Ben Bernanke (FOMC Voting Member) testifies before Senate Committee on Banking, Housing, and Urban Affairs on Semiannual Monetary Policy Report to the Congress in Washington.
  10. Tams

    Bernanke Speaks

    oh man, this just won't stop... China urges USA to be 'responsible' on debts China urges US to be 'responsible' on debts - politics - Capitol Hill - msnbc.com
  11. worst thing you can do is to set a daily profit goal. the market is dynamic take what the market can give you
  12. So you don't limit your losses when you trade? There's no point at which you call it a day? no, you did not ask me to elaborate, you put words where there were none. and the post you quoted wasn't about "worst thing you could do."
  13. brokers are like girl friends... different people see beauty in different girls... things to consider: 1. where are you? this is the internet age with little boundaries, but still, some good brokers might not be available in your country. 2. who are the major brokers in your area? ie. what are your selection? what are your choices. 3. what do you need? eg. some brokers are good with technology, but short on human contact. others might cost more in commission, but you get to talk to a real person when you call. the delay will be in milliseconds. the biggest delays are caused by: 1. the router in your home 2. the last mile (google if you are not familiar with this term) 3. your ISP's server anything can happen... but not a different price. the computer can crash, the software can hang, but computers and softwares are stupid, it will only do what you tell it to do. hope the above helps. good luck
  14. Tams

    Bernanke Speaks

    MOODY'S: USA MAY LOSE TOP CREDIT RATING U.S. may lose top credit rating soon - Moody's - Business - Stocks & economy - msnbc.com scary thoughts. what might be next? higher interest rate? higher taxes? higher unemployment? higher stock market !!!
  15. read the next line in my post.
  16. US election in less than 18 months... they will keep pumping money into the economy until it looks good. let the grandchildren's grandchildren worry about repayment, enjoy the ride now.
  17. Before you venture further with cold hard cash, this TVI is a good theory, but... just to let you know that most of the data cannot provide the data resolution to make this meaningful. Google for tick aggregation for detail.
  18. why don't you go to the inventor of Trade Volume Index and buy his indicator and have him to explain everything you need to know? Second guess is only a second guess, you are not re-engineering the wheel, you are trying to re-invent the wheel.
  19. some people draw a trendline religiously... with laser-sharp precision. while others would hold a trendline even if the price is penetrated, but did not close outside of the trendline.
  20. there are many ways to draw trendlines... the most popular way is the Geometric Method. you simply take the extreme points of the price oscillations and join them with a straight line. another method incorporates the volume of the bars... (this method is applicable only to chart resolutions where volume histogram can be charted). you would draw an up-trendline only if there is an increasing volume to accompany the upward movement. same for the down-trendline.
  21. Tams

    Bernanke Speaks

    Ben Bernanke Speaks 10:00 AM ET Chairman Speech Description Ben Bernanke (FOMC Voting Member) testifies before House Committee on Financial Services on Semiannual Monetary Policy Report to the Congress in Washington.
  22. from today's paper... don't trade like this woman.
  23. Anything goes... cartoon, chart, photo, drawings... Any subject... funny, serious, documentary, sarcastic... your GF, your ex-GF, your trading station, your new car, your new baby...
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