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| | #9 | ||
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Blog Entries: 2 | Re: The Price / Volume Relationship | ||
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| | #10 | ||
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Blog Entries: 1 | Re: The Price / Volume Relationship Quote:
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| | #11 | |||
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| Re: The Price / Volume Relationship Quote:
Having not subjected myself to reading the full 5135 pages, I cannot say for certain that there is not one real time example where both technical analysis and a specific trading action were simultaneously posted, but if such a real time example exists, I have not found it. If one does exist, it still does not excuse the OP and his cohorts from having ignored repeated request by myself and others that they show how their method is applied in real time. I doubt that Jack Hershey (aka Mr. Black) or Spydertrader or any of their followers will ever post real time analysis with a concurrent tradable action. I hope I am wrong, because if they were to do so, then folks could begin to discuss and debate the merits or demerits of the method intelligently. Here is an excellent mini-essay on Jack Hershey and his method: http://www.tradersnarrative.com/jack...ethod-971.html The author of that essay cites a caution from Curtis Faith's Way of the Turtle that would be very instructive for any newcomer to the trading world (or those not so new but nonetheless still struggling) to type, print out, and tape to his or her computer monitor: "One sure sign of a Pseudo-expert is writing that is unclear and difficult to follow. Unclear writing comes from unclear thinking. A true expert will be able to explain complicated ideas in ways that are clear and easy to understand." All the information that is posted here by the OP can be found at the beginning of the ET threads. If there is to be no real progress to communicate the application in real time of this method here at TL, then perhaps he will at least explain his motives for bringing it here. I know this post will likely be reported. I know that it may be deleted. I would hope that James refrains from doing so. TL participants need to press on with the request that the OP demonstrate the method he represents in real time. If he does so, then we will have a wonderful opportunity to discuss, debate, and possibly learn something that might be put to real use (I will always maintain an open mind in the face of real-life, practical examples; but I also maintain a healthy skepticism in the face of nothing other than pedantic pronouncements of self-professed absolutes). If he does not provide such examples, then we will have protected all but the most desperate from being fooled into wasting precious time and money learning a method of dubious practical value. Best Wishes, Thales
Last edited by thalestrader; 07-05-2009 at 03:27 PM. Reason: spelling | |||
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| | #12 | ||
![]() ![]() Join Date: Feb 2008 Location: USA Posts: 1,797 Thanks: 329
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Blog Entries: 31 | Re: The Price / Volume Relationship Second, neither Spydertrader nor Jack Hershey are required to prove anything to anybody unless they are selling something. Third, there is no such thing as a "real-time" trade posted to a message board. Even if there were, neither Spytrader nor Jack Hershey are required to post one. Nor are either of them required to provide real-time trades in chat, particularly since such trades can also be massaged and do not offer proof of anything. Fourth, TL members do not need to "press on" with anything. The chief difference between ET and TL is that TL members will examine a particular assertion or approach or "method", and, if it appears that there is no substance to it, they will ignore it, and it will drop to the bottom of the barrel. ET members, on the other hand, will launch into multi-hundred-post threads which consist mostly of personal attacks, insupportable rebuttals, and so forth. If you leave this alone, it will wither since TL members are more interested in the work than in pointless arguments about trivial pursuits. If you don't leave it alone, you will prompt and perpetuate just that outcome which you claim you want to avoid. Even if it were possible to prevent the gullible from being led down the garden path, one would first have to determine what is or is not a garden path, then determine who is or is not qualified to prevent the gullible from walking it. There are a number of ongoing threads which to me are pure nonsense, and those who follow what's being said in those threads are very likely to come to grief. But even if I could prove beyond any reasonable doubt that they are wasting their time, it's really none of my business. People have to do what people have to do, and no one has a lock on the path to profitability. Locusts swarm and then move on. | ||
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| | #13 | ||
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| Re: The Price / Volume Relationship Quote:
I will henceforth leave this alone. Thank you, Thales | ||
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Muir (04-10-2010) | ||
| | #14 | ||||
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| Re: The Price / Volume Relationship Quote:
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I don't plan on continuing on with this same thread, post after post, a year (or even a month) from now. However, if, during that time, my words, actions or posts bother people, and whip them into a lather, then I encourage those individuals to stop reading my posts. - Spydertrader | ||||
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| | #15 | ||
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| Re: The Price / Volume Relationship Quote:
1. Sequences Complete. 2. The market provides a signal for change. 3. The trend changes direction. 4. The process repeats - this time in a different direction. Volume leads Price. Always. - Spydertrader | ||
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| | #16 | ||
![]() Join Date: Aug 2008 Location: Ipswich Posts: 12 Thanks: 10
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Blog Entries: 1 | Re: The Price / Volume Relationship Quote:
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| channels, gaussian, pice volume relationship, trend lines, volume sequences |
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