[steve46]

Clearly there are many manifestations of cyclic behavior in the markets. The most obvious are those that are the result of simple human behavior. For instance, one can observe specific changes in volume and price movement every day from just before noon until about 1:30 EST. Other examples include the timing of margin calls, events such as earnings, bond auctions and FOMC meetings all have a cyclic nature. Important Tax deadlines and other events (so called "window dressing" dates) are predictable and cyclic in nature.

If you spend any time in an open outcry pit, you can see the cyclical nature of the open every day as retail trades enter the market on open, then the locals move in to absorb that paper and mark the market up or down in response. As one might predict, those same locals almost always go too far in a given direction, and are caught with their hands in the cookie jar when institutions come in to buy or sell. One after another, first the weak hands, then the less skilled locals puke their positions while the smart money takes the market where they want it. All of it is cyclical in nature and contributes to the feeling that markets exhibit a very tidal nature. After all this time, I really don't give it much thought. I just accept it as a part of the game.

Good luck everyone

Steve

[sdoma]

I trade with a sweaty jock strap on my head, is that a controversial technique?

I swear, the shweddy balls smell helps me really see the market.

[Eiger]

I always thought that the Wolfe Wave was a pretty odd-ball method, but damned accurate at times - particularly with the projection from the 1 through the 4 points. The entry is always difficult because you are catching a falling knife. I traded the WW for a long time with one excellent trader who traded the Wolfe Wave exclusively. He slept, ate & breathed WWs. He really was good at trading these across the S&Ps and various commodities. We both took the course from Bill Wolfe and I think this guy outdid his mentor. In any event, I could never trade them consistently enough, though they certainly can be traded well.

I also think VSA is controversial because controversial people see it as controversial. It must be in their genes

Eiger

[EsotericRule]

Filed under "Neurosis Can Be Fun"

"what I find interesting is that there are folks who use some of these approaches (astrology for instance) who for reasons I cannot fathom are really good traders."

"I think Astrology is the most "far out" aspect of trading."

"He is fascinated by this 'natural law' stuff. (They call it that so people don't think they are crackpots )"

Reality exists. Call reality by another name, and few will investigate it. Note what current science many 'Bible' passages represent and note how much was left out of the 'Bible' to obfuscate that. Then look at that science's mythological representations/forms.

Gann was quite sane and clearly questioned all he ever thought he understood. He then stated only what he could prove he understood so plainly...that most miss it.

[EsotericRule]

Filed under "Neurosis Can Be Fun"

"what I find interesting is that there are folks who use some of these approaches (astrology for instance) who for reasons I cannot fathom are really good traders."

"I think Astrology is the most "far out" aspect of trading."

"He is fascinated by this 'natural law' stuff. (They call it that so people don't think they are crackpots )"

Reality exists. Call reality by another name, and few will investigate it. Note what current science many 'Bible' passages represent and note how much was left out of the 'Bible' to obfuscate that. Then look at that science's mythological representations/forms.

Gann was quite sane and clearly questioned all he ever thought he understood. He then stated only what he could prove he understood so plainly...that most miss it.

[elovemer]

buy on the first of the year....
.... if you are up at the end ... buy again on the first of the next year
....wow