Good job. I think the reason more don't use it is a combination of both. Too old school and they don't really understand it. I've been looking into this recently (as I've had an interest in PnF for awhile). Haven't done alot with it yet. Thinking of ...

Intraday Point and Figure Trading

That is the problem with the COT. Also, being the futures market, some of those commercials could be long for reasons other than speculative trading.

EurAnalysis

I've read a few things about it. As Tom said it can be a bit complicated. I don't use time-series, but I do use linear regression as a main base for most of my system and it works very well.

EurAnalysis

Interesting. Makes my head spin though. I absorbed more FA in the last 30 minutes than I usually do in a whole month. Where's the aspirin, my head hurts.

EurAnalysis

If things such as this don't convince people that the FED needs to be hog tied, nothing will.

EurAnalysis

So far nothing. Will watch the tickers to see where price moves until open. Just like the physical drug, as the body (market) becomes more accustomed to it (hopium), it takes larger doses to get the same effect. edit: getting pretty good at this - ...

EurAnalysis

There is still a gap to be filled from last week. Yes I know there is actually not a gap, but the perception of one is there. And if you look at feeds from brokers who show the gap you will see that price will move back to close them. Monthly is ...

EurAnalysis

Excellent response.

EurAnalysis

Producing goods in and of itself is good, but it is not how I give to society. I have no guilty or moral qualms in how I make my living. I give a sizable amount of what I make to local charities. The reason I keep it at a local level is because ...

EurAnalysis

Do you pay taxes? Do you expect to be bailed out due to your mistakes? Do you expect handouts from the government? If your answer is no, then your a productive citizen. I trade for a living. I pay my taxes. If I screw up I don't look to the ...

EurAnalysis

I couldn't agree with you more. We are rapidly sliding down a slippery slope of no return. Too many want something for nothing, wheteher at the lowest levels or the highest. The tentacles of the police state are becoming more and more intwined into ...

EurAnalysis

Not sure were you get this 'correction' being expected and involving NFP. This was CB intervention pure and simple.

EurAnalysis

PA didn't get to that level due to the high of 0500 ET not being broken, which resulted in a double top.

EurAnalysis

Being long the Euro you should have been credited at the time of the swap. In fact since this was the Wednesday swap, you should have gotten triple. The swap is based on the interest rates of the various currencies. The 'fee' that AW mentioned is ...

EurAnalysis

I should have been more specific. The posters and I were referring to the US Thanksgiving holiday and that it might result in a decent retrace. And I reiterate, only twice since the Euro has been trading has price retraced on Thanksgiving and both ...

EurAnalysis

Thanksgiving day retrace — I've read a number of posts where the poster thinks price will retrace today. Now I'm not saying it won't, but if you look at past history for this day most moves were with the trend. Only twice since the Euro has ...

EurAnalysis

Two good documentarys about central banks and debt-free money were done by Bill Still. The Money Masters The Secret of Oz They both can be found on youtube. I strongly suggest evryone take some time and view them.

EurAnalysis

Thanks kno. That was interesting, informative, and basic (for us not fully into FA).

EurAnalysis

Goldman taking over Europe (and the US) — I ask again: is this really the answer? url

EurAnalysis

Is this really the answer? url

EurAnalysis