Recent content by DeeGee

I've got the Welles Wilder book somewhere, but it was a lot easier to watch the Steve Copan series of videos. This would be a cheaper option to get started on the subject. http://tinyurl.com/bw2244w

If I recall correctly, Jim Sloman was already a very successful trader. He was a highly intelligent man who was stimulated by the intellectual challenges of trying to understand the reasons for market structure. He moved on to develop Ocean Theory. I started to look at this but never got to...

Just to be clear - I think it was Jim Sloman who developed the Delta Theory. I think Welles Wilder bought the concept and publicised it in a book if I remember correctly.

A few years ago, myself and another trader spent a whole winter studying this. It's based on Welles Wilder delta theory. We plotted the cycles for the S&P going back to 1983. It definitely works in larger timeframes, but the discrepancies in the smaller timeframes were to big for us to make use...

Thanks for your reply fork4k. You are of course absolutely right. The 3 highs in a row rule only applies if they are contained within the bigger time frame. Today I've been looking at volume 2 part 2 of the video again. This is the bit about fib extensions and how to look for a fib ratio to...

I've spent a fair amount of time looking at the Market Matrix system recently and it looks impressive in theory. However there are a number of inconsistancies in the videos and the book that I've found. The biggest one for me is chart 17 in the book, page 34. This shows a series of MC2 points...

advfn can supply data going back to 1984

I've been trading the ftse 100 for 2 years and I've been subscribed to ftse100trading for over 6 months. This is a skype based system where David posts his trades and the reasons for them in advance. The trades can be at very short notice, so you need to be able to monitor it quite closely. I do...

Hi all Only been trading a few months and first post, so please be gentle with me. I'm seeing a macd bearish divergence over the last 4 hours of Friday to 8pm on a 5min chart. Do you guys think this is too short a timeframe to go short first thing on Monday? RSI is not really confirming this...