Tams

You must be new to the public forum media. :helloooo: Let's see how many "Like" you will get for your post.

if you are daytrading, you don't hold overnight. if you are daytrading, where the market opens is irrelevant. You are only concerned with what is happening during the day. if you are swing trading, look at the future potential... forget about the pennies you have left behind. enter on signal, but never jump the gun. Yes, you can enter on close (or anytime you like)... my post is an illustration, not a trading instruction. each trader has a different account size, risk tolerance, and expectation. If you see the prospect, go for it.

no :-)

Hi Tams, In every single instance on this chart the stock had gapped to give you a worse price buying on the next day's open. If you're using EOD closing price, would it not be better to enter on the close? And if you don't want the overnight exposure, why not just trade with opening price data? BlueHorseshoe Hope this answers your question:

Sad day.... and a stupid day. As stupid as 911. As embarrassing as 911.

The market is generous and indiscriminent; it beams out signals of its intentions to everybody around the world. Some can see the signals in tapes, some can see signals in price action, some can see the signals in math-based indicators, some can see signals in fibs, some can see signals in voodoo. Use whatever you can to meet your purpose. Most people talk about things that work for them. You have chose to talk about things that don't work for you. It shows that deep inside you, you believe that they should work, but you are angry (or disappointed?) that you have not found a way to profit from them. I can tell you truthfully right now, so that I do not set up the wrong expectation: off the surface, I mean on the surface, without drilling too deep into any complicated multi-indicator analysis, I can tell you most of the "indicators" works 50% of the time. 50% is not a bad statistics, just ask any baseball player and they will tell you that you can be a millionaire and die and go to heaven for a point 500 average. I noticed in your previous post you mention a 5 min chart... my suggestion is to take a step back, look at the big picture, then develop a strategy to tackle the intraday challenges. Since you are such a nice guy, I am going to give you an illustration... it is already posted here on TL. http://www.traderslaboratory.com/forums/trading-markets/13963-show-us-your-chart.html take a look at post #2... take a look at the turning points. This is an EOD daily chart. ie. there is no rush for any decisions, you have the whole night to digest the chart and think about the possibilities before the market opens again in the morning. I am picking this example because you have mentioned those indicators in a previous post. You can decide, base on your observation and your analysis, if these wavy lines are of any value to you. (some might not see what I see even if I use a thousand arrows and hundred rainbow colors to highlight the key areas). If you see what I see, you might ask: is this repeatable before and beyond the scope of this chart? can I use this on other instruments? what guarantees do you have? I would say, they are fair questions. I would ask the same if I were presented with such a chart. I would also look deeper, to see if those indicators and those vertical lines are the only deciding factors. But for now, I would question myself, why do I see this in hindsight, but not in real time? After all, we have more than 8 hours after the publish of those charts to read and think and analyze and to debate before we have to decide if the market is going up or down. And those charts and indicators are freely available to everybody around the world; there is no subscription, no fees, no black box, no esoteric riddles... everything is out in the open. So where is the problem? is it me? or is it the indicator? Reading the market is easy... just don't argue with it and it will give you the message. Good luck.

there is a difference between "they don't work" and "I don't know how to use them".

but of course i have more than that... Lateral PRV Shifted autotrendline Inside Bar (with harmonics) DOM wall

volume color bars 20 ma

if you are going through hell keep going......Winston Churchill

May I present to you, current updated edition of our ultimate holy grail this will be our final final final revision

most of the popular charting software can import from excel/ext. most of the popular charting software can do calculations that excel can, so there is no need to use excel to do the import/export. It might take a bit more work to program a charting software, but it can be done. and once it is done, it is smooth sailing. With excel, you are just adding complexity and another layer of failure points.

you have clicked on the chart, you need to be more careful (precise) in clicking to pick up the line.

some spent a whole life time studying it, and never got it.

Most of the indicators are 50% accurate. If you match the proper combinations, you can get them to work up to 99% accurate. actually they can work up to 100% accuracy, but I can't make that claim.

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I visited Thailand a few time... it is a wonderful place. spent some time in Phuket and the islands. Played about 30 golf courses in and around BBK. Will take the train and travel north next time.

you are welcome !

you can have a beach side massage while you trade LOL

you don't need to use easylanguage just click on the line, and look for the text tab.