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Your own HOLY Grail (and how you know you've found it) 19 replies

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The Holy Grail - Found

  • #201
  • Dec 12, 2007 6:38am Dec 12, 2007 6:38am
Attached Image (click to enlarge)
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.Ubeee.
  • #202
  • Dec 12, 2007 7:26am Dec 12, 2007 7:26am
Bob I was just joking. Anyway I have not any statistics about it. Despite what people think it is very hard to program a software that could compute a good statistic about these kind of things, because it is very hard to teach a software how to determine in a reliable way if a price is a support or resistence. I think there is not a programmatic way to define what supports and resistences really are, so they are not programmable, unless you want to make a lot of compromises which anyway would invalidate any statistic. This is why I always think that entries are not that important in trading. You can enter wherever you want provided you have a valid way to manage the size of your positions, the stops and the trailings. You can easily see that with a good set of such a tools you can play even 4 consecutive false breakout and if the 5th is good you are still in profit.
.Ubeee.
  • #203
  • Dec 12, 2007 8:52am Dec 12, 2007 8:52am
Quoting JohnW

I am giving my system away for free (JFX81 – will you?)
It wouldn't really do anyone any good to write down the mechanics of my trading as a large portion of my strategy is discretionary. I never thought this is what the thread was about.
Quoting JohnW
because this forum and those who also gave their time and advice for free have helped me greatly. Even those that flamed my and others posts helped to stimulate thought. I can not overemphasize the benefit of this and my gratitude.
That is a fantastic aspect of this forum and that is why I post my analysis and opinion here quite frequently


Quoting JohnW
The fact is that I have found my “holy grail”, it may not be your “holy grail”, but if you listen to many of those who post here, think about what is said in proper context, and think about what should work and why, you could design your own holy grail. Many successful traders have done just that. The key is that once you believe in it, it is easy to follow it with discipline.
THANK YOU. Finally we have some clarification for those who have believed this entire time that you were speaking as if there were only one "Holy Grail" way to trade. While you personally may not have found a way to use things other than raw price action to help you trade profitably I am sure you recognize that others can and most certainly have.

Now, if I could only get you to address the part of this thread where you threw mentors under the bus
  • #204
  • Dec 12, 2007 9:18am Dec 12, 2007 9:18am
JohnW how far are you on the doc file? I am anxious to have a read.
  • #205
  • Dec 12, 2007 9:58am Dec 12, 2007 9:58am
I wonder if JohnW will discuss the virtues of patience?
  • #206
  • Dec 12, 2007 10:26am Dec 12, 2007 10:26am
Quoting opie999
I wonder if JohnW will discuss the virtues of patience?
It took him 4 years to come up with it, so maybe he'll wait 4 years to post it, lol.

Seems to me he's got a lot on his plate. He's not on FF at all times of the day and night like us "regulars" are.
  • #207
  • Dec 12, 2007 10:28am Dec 12, 2007 10:28am
Quoting JFX81
Now, if I could only get you to address the part of this thread where you threw mentors under the bus
He has. He's teaching people, for free, in person, on his own time.

So now he knows that not all gurus/mentors are frauds.
  • #208
  • Dec 12, 2007 11:27am Dec 12, 2007 11:27am
Interesting to see the top three threads here in the Beginner forum (below the stickys) contain "Holy Grail" in the titles.

Lol! Another Monty Python interlude, mayhaps to serve as a parable within the context of the current discussion.

Quote
BRIDGEKEEPER:
Hee hee heh. Stop! What... is your name?
ARTHUR:
It is 'Arthur', King of the Britons.
BRIDGEKEEPER:
What... is your quest?
ARTHUR:
To seek the Holy Grail.
BRIDGEKEEPER:
What... is the air-speed velocity of an unladen swallow?
ARTHUR:
What do you mean? An African or European swallow?
BRIDGEKEEPER:
Huh? I-- I don't know that. Auuuuuuuugh!
BEDEVERE:
How do know so much about swallows?
ARTHUR:
Well, you have to know these things when you're a king, you know.
Or...mayhaps not.
  • #209
  • Dec 12, 2007 4:47pm Dec 12, 2007 4:47pm
Money...brings out the best and worst in us.

John....at the end of the day it matters a nout whether your system is the holy grail or not, though going by the tone of your posts, I suspect you now have an intuitive awareness of the dynamics of market movement and to that extent, and if I am correct, you have indeed mastered a rare gift.

In the final analysis, all that matters is the recognigiton that we are all on here out of a desire to master out own fates, that we are here to exchange information in that spirit, and by degree of competence, and that whatever you share is within that spirit.

On the other hand, your intellectual property may well have financial value. That's a judgement call only you alone can make.
The road to pipland is arduous and fraught with challenge.
  • #210
  • Dec 13, 2007 6:30am Dec 13, 2007 6:30am
Quoting opie999
I wonder if JohnW will discuss the virtues of patience?
so far no method has been discussed, right ?

by the way, Ron Paul is gonna win thanks to all your promoting, opie !

i'm gonna vote for him too............can i ? from singapore ?
  • #211
  • Dec 13, 2007 9:40am Dec 13, 2007 9:40am
I'd vote for Ru Paul over the guy who is in there now. But unfortunately the powers that be will make sure Hillary is the one. They are all lining up behind her.
  • #212
  • Edited 11:24am Dec 13, 2007 11:10am | Edited 11:24am
Quoting SunTrader
I'd vote for Ru Paul over the guy who is in there now. But unfortunately the powers that be will make sure Hillary is the one. They are all lining up behind her.


I hate to agree with you, but the way the R's are milling around and not really coming up with a strong candidate or two reminds me of the year Bob Dole was the nominee.

Also, there's the theory that they'll go ahead and let her win, since her presidency would be such an absolute disaster that reps would take back the congress in 2 years, and the dems would be set back 15 - 20 years. Might just be worth it to stave off socialism for that long.
  • #213
  • Dec 13, 2007 11:26am Dec 13, 2007 11:26am
Quoting findcount
so far no method has been discussed, right ?
Nothing specific yet but, no matter. The exchange of ideas and trading philosophies more than makes up for it. I'm learning a ton even if JW never posts again!
Quoting findcount
by the way, Ron Paul is gonna win thanks to all your promoting, opie !

i'm gonna vote for him too............can i ? from singapore ?
Sure. Just file an absentee ballot. You're a US citizen, right?
  • #214
  • Dec 13, 2007 11:38am Dec 13, 2007 11:38am
Quoting SunTrader
I'd vote for Ru Paul over the guy who is in there now.
ROFLOL!! Love it!

Quoting blueruby
Also, there's the theory that they'll go ahead and let her win, since her presidency would be such an absolute disaster that reps would take back the congress in 2 years, and the dems would be set back 15 - 20 years. Might just be worth it to stave off socialism for that long.
This theory is gaining traction in some circles. Not all that far-fetched if you think about what's probably in store for this country in the next four years.

Bush (Sr.), Clinton (Bill), Bush (Jr.)......Clinton (Hil)? Talk about pattern recognition.
  • #215
  • Dec 13, 2007 11:44am Dec 13, 2007 11:44am
Quoting opie999
ROFLOL!! Love it!

Bush (Sr.), Clinton (Bill), Bush (Jr.)......Clinton (Hil)? Talk about pattern recognition.

Bush was a pin bar with the high in 9/01, guess we're heading down! :
  • #216
  • Dec 13, 2007 12:15pm Dec 13, 2007 12:15pm
Quoting blueruby


I hate to agree with you, but the way the R's are milling around and not really coming up with a strong candidate or two reminds me of the year Bob Dole was the nominee.

Also, there's the theory that they'll go ahead and let her win, since her presidency would be such an absolute disaster that reps would take back the congress in 2 years, and the dems would be set back 15 - 20 years. Might just be worth it to stave off socialism for that long.


OK now, then lets get the Ru Paul for Pres campaign going.

Ru Paul Ru Paul
  • #217
  • Dec 13, 2007 12:22pm Dec 13, 2007 12:22pm
Quoting opie999
ROFLOL!! Love it!

This theory is gaining traction in some circles. Not all that far-fetched if you think about what's probably in store for this country in the next four years.

Bush (Sr.), Clinton (Bill), Bush (Jr.)......Clinton (Hil)? Talk about pattern recognition.
Then Jeb Bush in 2012. Does Japanese Candlesticks have a formation for this? Maybe a doji cluster. One reversing the other numerous times. Saddam had one - hanging man. :
  • #218
  • Dec 13, 2007 2:07pm Dec 13, 2007 2:07pm
Quoting SunTrader
Then Jeb Bush in 2012. Does Japanese Candlesticks have a formation for this? Maybe a doji cluster. One reversing the other numerous times. Saddam had one - hanging man. :
Hanging man, that's too much! ROFLMAO

OK, if Jeb gets 2 terms, will Chelsea be old enough to run then? 2020? Yeah, I think so. Or one of Bill's illegitimate kids can step up.

Next it turns out JohnW is a staunch democrat and goes away and doesn't come back.
  • #219
  • Dec 13, 2007 8:54pm Dec 13, 2007 8:54pm
Quoting opie999
ROFLOL!! Love it!

This theory is gaining traction in some circles. Not all that far-fetched if you think about what's probably in store for this country in the next four years.

Bush (Sr.), Clinton (Bill), Bush (Jr.)......Clinton (Hil)? Talk about pattern recognition.
If Hillary becomes Pres, does that make Bill the first lady, or the first man?
And does Monica have a brother?
  • #220
  • Dec 13, 2007 9:29pm Dec 13, 2007 9:29pm
JohnW!! Please come back!! These guys are freakin' me out!!
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