Thoth

i think there are many ways to make money with ta some involve just the price and other methods do use the price. there is no doubt that ta can make money is there "really"? in modern times. that would be like saying germs don't exist cause we can't see them "really" come on.

great system and great developer. t

if taking the time "to do it right" and quality of programming, a human mind "can always be beat, by a computer". humans = 0 computers = 100

I also use hourly - and daily as a filter. All the best, Thoth

Crabel is my hero, but I can't trade using his stuff. I like it and I look at it all the time - that's why you will see so many Narrow Range stuff on my pages. But I am a momentum trader, I like momentum and understand that it seems. I also do lots of correlations between pairs. Also note last night I added Forex Related news to my site - its at the bottom of the stat page. Thoth

yea i have been working on that thing for years cause i wanted something clear and easy to read. thats the stats part of it, where the blue icon is clickable. all those stats just keep getting bigger and i keep adding stuff. the system part of it "i think" is good for an end of day system - it catches all the moves just about. i just thought what the heck see if i get feedback to make improvments and maybe i can get better and make it better too. there is so much junk out there. i figured my junk was as good or better maybe, let others decide. thoth

Pretty Much I think that is Mark Brown's OddBall System, he proved you can look at one market and trade another. Also note the web sites bottom note: This avoids the pitfall of basing real trading on unrealistic system tests that generate signals on the close at the end of the session Note: If a trade is signaled at 4 p.m. EST, you have 15 minutes until the close of the market to place the trade in the S&P futures (it is not possible to do this when trading the SPY). This avoids the pitfall of basing real trading on unrealistic system tests that generate signals on the close at the end of the session, when the trade can in practice only be initiated the next session. In such cases the price may have moved farther away from where the test indicates the system was filled, giving a false reflection of the system's performance. OddBall was a ground breaking system and it still works pretty good - it was free keep in mind. Noted by profs at MIT as one of if not the best trading system ever developed.

Forex Model and Stats - I hope someone finds these useful cause I worked hard on this. It is currently an end of day stat thing. I like the inside day narrow ranges when they happen. I think there are lots of good trades setups there and the mechanical system trades are good IMHO. http://www.geocities.com/maxux34567/ click on the blue icon for stats. I will try and keep these updated every day if there is intrest.

im not hourus and im not an expert on the oddball system but i can tell you that the guy who published it proved beyond a doubt that you dont need the price of the sp to determine buying and selling the sp. the oddball somehow uses the advancing issues of the nyse to predict buy and sells on the sp. i never traded it myself but for two years the thing made zillions in real time on a free web site where the trades were for anyone to use. active trader magazine has back articles on it and you can look on the web i think there are some postings as well on a second oddball system he published latter in the same magazine. i am serious when i say the system predicted the sp moves, it was amazing. then one day the web site was gone and the guy disappeared. Thoth

The core idea of oddball was really sound thinking. In many variations I think that lots of institutions are still using it. Look at the volume of sp trades on the top of the hour and it may tell. It really was an amazing system. Maxux

Then what would be considered fundamental trading? Why wouldn't fundamental trading also be considered TA? I think there is TA and then there is TA.

I have seen someone trade using data from another market to successfully trade yet another market, so I think that dispels the myth that price action is everything. Especially when you don't even have to use the price of the market your trading to trigger the buy sell decisions off of. Anyone ever heard of this? I knew a big sp pit trader who never let the price of the sp decided if he was going to buy or sell. Did you know there is a board in the sp pit and I once asked who decides what is on that board. I was told well the members decide what is on that board, that's who. maxux