The purpose of this blog is to provide a comprehensive compilation of articles and posts which have been of great help to me in the past, or that I find very insightful, wise or containing a great deal of useful knowledge.

The original author of the text will be mentioned, so that those who are interested in the subject can explore it deeper.

The blog will consist out of several categories, some more theoretical, other containing charts and analysis.

Finally, this blog is, in a way, a continuation of the journal
I started in the public section on another site.

Analysis 13: October 23 Posted 10-24-2008 at 04:25 AM by firewalker Updated 10-25-2008 at 08:30 AM by firewalker It looked like price was going to continue lower, especially after we broke below support (1200-1206 area). Price came back to test and reject ('R'), but failed to make a lower low. The last time price was below 1200 was more than 5 years ago... so support was difficult to pinpoint but still quite lower. Price already dropped 90 points when we reached 1175 (which is more than the average daily range). The triple blue dots would signal a reversal signal, because we... Continue reading... firewalker

Posted in 2008 Dailies Comments 0

	Panic versus capitulation Posted 10-22-2008 at 06:57 PM by firewalker http://www.marketwatch.com/news/stor...ist=TNMostRead firewalker
	Posted in 2008 The Big Picture Comments 0

Dilemma... Posted 10-16-2008 at 10:20 AM by firewalker I set myself the rule not to open new positions after US lunchtime, as a form of protection against giving profits back and also because I prefer to manage a winning position then enter a new one near the end of the day. However, last two weeks I've been papertrading the rest of the day, and very often I see a good trading opportunity arise, and indeed it's a profitable one. The only thing I'm doing now really, is not squeezing out as much profits of the market as... Continue reading... firewalker

Posted in From average trader to good trader Comments 0

	Springboard Posted 10-14-2008 at 05:35 PM by firewalker ES 2008-10-13 This time it didn't signal a continuation, but a temporary reversal. close-up chart: and larger timeframe, the dry-up in volume is actually better visible on the 5-min chart: firewalker
	Posted in 2008 Dailies Comments 0

	Fear Posted 10-13-2008 at 04:17 AM by firewalker Vix reaches all-time high firewalker
	Posted in 2008 The Big Picture Comments 0