Recent content by Verno

Trendie, I am no great EW expert but that was a good ABC formation (I did post this realtime on another site before detractors say its fine in hindsight). I think the key about that is A:C is 1:1 and also the end of C is at 1.618 of A (A extended 0.618 = C), which is a golden ration. Just FYI...

Here is a chart I posted on another site over the weekend. I think its pretty interesting at the moment. We had a bounce, but it didn't quite follow through upto 1.73 region as I might have expected if it was a change in longer trend. That said it didn't smash back to new lows, which suggest...

FC interesting stats indeed. Keep up the good work of breaking new boundaries and good for you for sharing your insight. Anyone who critisises is just jealous they didn't think of it first. Me I am just jealous

High island. There will be many pieces of advice, but a good one is to take off half your stake when a decent target is reached. Lets say you sell 5 lots at a 6 tick profit and then run the other 5 lots. (this works on any volume ie 2 lots 4 lots etc). I would also advocate running a...

Yep, I dont count him. I think Collingwood should probably come in in place of Giles as he can bat and bowl a bit when the others are tired, especially if we keep preparing seamer friendly pitches.

Just reading this and I have to disagree with you Pippppin, I don't think England have the edge in our batting at all. Vaughan is totally out of form. Bell is yet to prove himself against decent opposition and Peteirsen is obviously class but its still early. Additionally Freddie has no form...

6500 could be a hedge fund. they have to trade through a broker. I know of hedge funds who trade 6000 clips, so could be that?

Jtrend, in most of these places it will eventually depend on the volume you are trading. In addition initially you are likely to be trading small size and looking for consistency so don't expect to take home a fat wade of cash each month. Thus if your costs are higher and you are still making...

JoelWright, there are plenty of prop shops out there who won't ask this of you. Many of them will tie you in for a year and say you can't work for another firm for a month after or some may make getting your capital out difficult but none will make you pay a chunk of money if you don't make...

Thanks Tdr, I will look at those links. I am using EW to forecast and I think the general lesson is one signal is never enough no matter what you are doing. The more things that point to a reversal, the more likely. Thanks

Bombs in london I suspect and general slight uncertainty as to overall direction.

I asked the same question a couple of weeks back. The answer is they are looking into it but because phones have such small processing capability it is difficult to ensure the prices are spot on real time. I think they are trying to achieve something but its not easy.

Much obliged all. I had actually seen that 1-2-3 forum before Frugi and was going to mention it. Or at least I saw one that talked about Ross hooks as well. I will take a look.

Can you point me in any directions to find this, ie on T2W or generally on the web or a book? Thanks

Hi All, I guess this will relate to anyone but what do people find effective as reversal patterns. I find myself time and again going against the trend and getting stopped out. Then when I look at the chart again I see there was no real confirmation of this reversal. I will suggest some to...