robertbumbalough

Mr Howell Hello, that's a nice piece. Do you think self-hypnosis may be of use to a trader in the quest to optimize proper trading psychology? Best Wishes for Big Profits

Stroop effect shown nullified by hypnotic linguistic suggestions. Columbia News ::: Hypnosis Gaining Ground in Medicine Some non-conscious parts of the brain can and do use language to communicate with the pre-frontal cortex as was seen by Stetter and Kupper in their meta study of Autogenic Training studies. SpringerLink - Applied Psychophysiology and Biofeedback, Volume 27, Number 1 Hypnotic suggestion works in some individuals who willfully want it to work. It does not work in people who willfully resist relaxing and focusing attention. NP is a good product. BWE benefits most who use it even if the benefit can be attributed to placebo effects. (BTW, Placebo effects are strong evidence that non conscious parts of the brain do process verbal linguistic information.) While statistical studies of outcome anecdotal modalities do not meet Popper's falsification criteria, the fact still remains that each person is responsible to their own selves to earn their self esteem and respect. If BWE helps, then good for them.

Thanks Jaygo for posting your chart and analysis. This is helpful. The E7 action is bullish. There is much strength in the background because like Tom Williams says in his books when big capital sees strength in the cash market they buy in the futures and options market to better their own accounts. The attached image shows a 15M E7 chart from yesterdays trading. The strength seen in the move off a double bottom will be endure for some time till selling pressure overcomes it. Best Wishes for Big Profits

Hello Quinn from Robert Bumbalough: I think that orthodox VSA would say no and that if makers/specialists thought supply present at higher prices and desired to move prices higher still they would gap or quickly run price through the price range where suspected sellers might be ready to close positions. However, I think that big capital will test markets to the upside in search of buyers using the same principle as testing for sellers, a rapid markup and subsequent withdrawal of further buying to see if other big money operators are interested in higher prices. If a high volume bar closed at its highs and then the next few bars were on lower volume while maintaining higher price, then other big operators would not see that as a selling opportunity, and then higher prices would be more likely. Charts that show stair stepping price appreciation patterns exhibit this phenomena so I like to think. Maybe I'm wrong and my account balance would tend to indicate that I am wrong. However, it makes sense to me and thus when I see that I trade it to the long side. Best Wishes and Regards follow me on twitter at Twitter

See attached pdf showing some TG bar definitions and examples. Best Wishes for Big Profits. TG Indicators Guide v1.01[1].pdf

Greetings VSA fans: regarding message 158 on page 15 of this thread, IMHO noted the five bars following the depicted high labeled UP ND in sequence conformed to parameters of No Supply, Failed Test, Squat Absorption Volume, Failed Test, Effort to Move Down. This sequence is quite bearish and shows major selling pressure coming in after the failed tests as would be expected when effort yields no result. The bar prior to that labeled 1 is a wide range down bar on high volume. Its price trading range became strong resistance. Thus the No Demand bars labeled 2 and 3 would prompt the VSA trader to anticipate additional causa causata in selling pressure as subsequently observed at Shooting Star bar 4's rejection of higher prices. (Note use of pretentious Latin phrase. Ha LOL, I kill me.) Bar 4 was not an Up Thrust as its high did not test a previous swing high. The key to further bullish dominance would be a springboard setup where price rallies above a trend line drawn from the high of the bar prior to bar 1 to the high of bar 4 and extended to the right. When price would have rallied above that line and then dip back below, large capitalization traders (whales) would have been likely to have placed their buy stops just above the line. If price rallied up above the line a second time, then it would subsequently seem to explode out of the hole as the wales got their buy orders filled. Link to chart image: http://www.traderslaboratory.com/forums/attachments/151/12860d1250067526-vsa-volume-spread-analsysis-part-iii-12850d1249991359-vsa-volume-spread-analsysis-part Best Wishes to the Reader for Big Profits and Low Taxes