I made the exact same mistake with mine. Failed to pay attention to the four hour closes. Practice makes perfect I guess...

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Hey cuz, good to see you, like always...

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It's one I wrote myself. It's based on Dean Malone's ADR calculator, which he sells. He was kind enough to explain the math behind his in his lectures, and I wanted more features than his had so I just wrote one based on what he explained. I usually ...

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For me the lines by themselves don't mean anything, except where there's clusters I pay attention. I don't use exact touches to enter. I wait for a pattern to form at a line (like a DT,DB or engulfing or other pattern I recognize, and then I try to ...

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These green lines are the weekly mids. Where they cluster together is usually trouble (or good depending on your point of view - good if you want to short here, annoying if you are long and have to wait for it to chew through them.). What bothered ...

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Me too but I took half when it bounced at the mid and set the rest b/e ( url .) It's why I trade so short term. This area's real tricky cuz yesterday closed above the 23 fib but it's right in a big cluster of weekly mids and it's just bouncing back ...

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They call these guys mofos for a reason. 19 hours.....

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Norm's getting to be a real alcoholic. Half off here, rest b/e IMHO. That was the third try. Next time they might succeed.

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They probably won't take out those mids I posted in the post above on the first try (for sure not today). But I have this (the mofo here is in about the same location as the start of the weekly mids zone in the post above) and so far it's been ...

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No, I assume they will want to spend - to invest in the real economy, and in the people (buying know-how, education, more sophisticated industries etc) to stop a slow-down that would otherwise be caused by US getting more competitive, and that they ...

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Weekly chart. If today closes above 1295 bulls will have taken the 23 fib of the last big swing down. But there's a big cluster of mids just above that.

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Not to speculate. To use to build up China so it isn't so reliant on exports and dirty/low skill industries to drive its economy (and in the case of the Saudis, on oil), but can move up the production ladder and depend more on internal consumption. ...

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Probably Cloggie, whereever he is. I remember he loved trading them.

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I have a 'mofu' target of 133x. Looks like it's going to get hit. (I think Gator does too if I remember his post right.)

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If Gator's right, this will be a gradual, but long lasting turn in favor of the US due to energy, which is bullish the USD in the long run. But, the Saudis and the Chinese will get hurt most. They are sitting on trillions in reserves and it's in the ...

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Suppose that Gator is right in his FA, and this recovery is a 40 year reset in favor of the dollar because of energy, and not one based on a credit bubble like the last. Suppose also that he's right that a mule that shits fast don't shit long (or ...

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He has hasn't he? Started back about that Christmas donation thread I think. Kinda suits him though...

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Ah ha. Now I see what you are saying and agree. (missed this before). But, given that rates mode is not always in play, you must have some reasons for thinking that this is going to be one of the times that it will be. Would you mind explaining why ...

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Of course people traded back then, including currencies. You just didn't do it over an Internet platform. You had phones and brokers who worked trading pits instead. Soros comes to mind as one of the big boys. He broke the pound in 92, way before ...

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No way.

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