Whoa! Now I disagree. It's all a matter of your trading style. I trade with the major trend. If I get stopped out of a long trade on a pullback, I'm going to wait for a bottom and reverse and go long again, if that is a good trade at that time. I ...

The Holy Grail - Found

I'm thinking that the market expects 25, so if they cut 50, there will be a HUGE rally. But, I'm probably biased, since I'm heavy in equities now. We'll see! Good luck!

The easiest trade of the week

Skunny, Could we somehow get you to be foolish enough start another thread of your own? We promise to help run interference for you. If not, then what's a good source on Gann lines? And, maybe a little more on how you use the Momentum indicator, ...

The Holy Grail - Found

Thanks Bob for the insight. I'm very sure there are traders that take advantage of this type of price action (Darkstar and his protege Steve). And we all know that what you describe with stops happens all too often. It happens "to" us and we'd like ...

The Holy Grail - Found

Again, this is certainly done with commodities and stocks. Taking the order away would leave a "vacuum" that would get filled as any market inefficiency does in short order. I just don't know how the pieces all fit into the currency market.

The Holy Grail - Found

Well, our theorizing might be breaking down here. In the interbank market, the deals are done between banks. There probably is no "big order" just sitting out there the way it would on a stock specialist's book, getting filled little by little. ...

The Holy Grail - Found

I felt this way for over a year. I read, studied, looked at charts, and tried a little of everything. I was "whipsawed" by advice! A month or so I realized that, despite all I'd tried, I still trade pretty much the way I did when I started out. I ...

The Holy Grail - Found

Yes, I see. It would do as it did during my example time period. I originally wrote 2.0310 and, after looking at the chart, went back and changed it to "2.0300 or 310". So if this big dog was going short, and wanted to keep accumulating even when ...

The Holy Grail - Found

Not sure where you're going. Tell us what you know. Some are receptive and wise enough to benefit from your advice and experience. Others will criticise and insult you for trying to help, and they will get no benefit. I guess it all works out right ...

The Holy Grail - Found

Take a look at the bottom of the page here. Check out the "Holy Grail" thread by aqibsherwani. edit: I'm talking of this one: url It doesn't take long to read the whole thread. It goes about like most. Except for one thing. The originator of the ...

The Holy Grail - Found

One would think so.

Can Maximum Profits be Consistently Attained?

Your grail will never exist. Tops and bottoms only exist on the left side of the chart -- after the fact. Before they form, as they form, after they form, as the trend continues -- at any point in the process, price can do anything, period. ...

Can Maximum Profits be Consistently Attained?

The question is, "what happens next?" So, our BIG player wants to be short, and they've gone short, let's say, a couple billion dollars worth. I'm certain it would take at least that to hold the G/U for two days, probably more like 100's of ...

The Holy Grail - Found

4 years would be 48 months. There are 12 months in a year, and 4 x 12 = 48

The Holy Grail - Found

I'd like to clear up one misconception - "more buyers than sellers". There are always an equal number or buyers and sellers. There has to be. If someone buys, there was a seller, and vice-versa. Now, if there is a BIG player for example, with a very ...

The Holy Grail - Found

I really like this thread. What David and John have been saying is right in line with the direction I've grown to as a trader. John is a few big leaps ahead of me, but lately I've been doing everything he's said - ignore the indicators, use S/R, ...

The Holy Grail - Found

Voodoo -- I'm willing to try it.... I mean, most of us would just about sell our souls to get a system that -- just a minute, I'll be right back. The room is suddenly filled with smoke and a nasty sulfur smell....

The Holy Grail - Found

All are important, yet, all are useless without a system. If you don't have entry rules, you'll never take a trade. without exits, you'll never take profit. without stop rules, you'll stay in a losing trade until liquidation. Discipline to do what? ...

Can Maximum Profits be Consistently Attained?

I'll shed some light on this for those that aren't familiar with contrarian theory. It's easiest to understand using a stock as an example: if you're the last one to hear about a hot stock, then there's no more money left buying it. Re-stated, if ...

Trading the Supermodel Indicator

All true, however, I'm sure winter wheat is already planted. I should talk to my uncles and cousins, the farmers! Also, the harvest probably continues into June and maybe even early July for northern US, so the supply would be steadily increasing. I ...

Trade & Trader Idea, Concept & Circumstances