Recent content by seesound

I have read several books about fibonacci trading such as Dynamic trader, trading with dinapoli levels etc. But it seems they all have one issue unclear: HOW TO OBJECTIVELY DETERMINE THE BEGINNING AND ENDING OF THE SWING USED LATER TO CALCULATE THE RETRACEMENT LEVEL. I say objectively...

Hi everyone. I am using TS2000i. Somehow every time I open the strategy report performance, the computer becomes "not reponding". The only thing i can do is to terminate TS2000i Has anyone encountered similar problem. And what's the best solution to my problem? Seesound

Below is the conversation between ZDO and me. Very useful to everyone interested in ORB. It is posted with permission from ZDO. Many thanks for his comprehensive answer and kindness. Originally Posted by seesound Hi ZDO. Thanks for your reply. In the post you said: "For Crabel, a...

I got it clear. Thanks, everyone. Another question, what does the "opening range" mean in Toby Crabel's work. Many people just assume it as the "opening price". is that right?

Thanks everyone. I think i have come to the conclusion: avoid anything as much as possible which is not under control. Thanks again.

but the open price is a primary indicator, it reflects the market's sentiment after reflecting all the available infomation, as Steve Nison also stated. So it is also my suspicion that the Candle Stick techniques may not work well in around-clock tradable markets such as forex, at least daily.

Below is my latest understanding. During a very long period (or in a variety of markets), the "unanticipated" part should as equally be good as be bad, which has no affect on the "true" probability. It is absolutely the case that no pattern can "guarantee" a specific future price move. It has...

To SOCRATES: it is very interesting to read your reply. Could you suggest me some reading to prevent me from being one of the nonsense group? I have been looking for such book.Thank you.:)

Thank you for your replies. Rhody, you said TA is to explore the repetitive human behaviour, I agree. But how TA can deal with the future information which is separate from human behaviour. (for example, "you can never anticipate the future infomation whatever analysis you use. TA can perform...

Many technical analysts believe that the chart tells us everything including the fudenmentals. I agree with it insofar as charts(indicators) may reflect the information in the PAST. However, charts just cannot reflect the information in the FUTURE. In other words, good pattern has nothing to...

"opening range breakout" is based on the notion that the early time in the session tells much to us about the sentiment of the market. However many futures almost do not have the "opening range". They are tradable almost all around the clock. In such cases how the "opening range breakout" can...