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Showing content with the highest reputation on 06/15/12 in all areas

  1. StockJock

    Bull's-Eye Broker 5

    The new Bull's-Eye Broker 5 will soon be available. The beta version is available from http://www.pointandfigure.com/BEB5.exe If you're not familiar with PnF charting, here's a webinar http://www.pointandfigure.com/BEB/point_and_figure_basics/point_and_figure_basics.html If you're interested here's a Bullseye Broker Patch http://www.traderszone.com/reverse-engineering-forum/712-bullseye-broker-patch.html
    1 point
  2. Bill Bundle

    Bull's Eye Broker

    You can find the serial number for Bull's Eye Broker 4.0 at http://www.smartserials.com/serials/Bulls_Eye_Broker_V4.0_32986.htm
    1 point
  3. Trading the Elliott Wave Indicator - Winning Strategies | 365 MB One of the best qualities of a good teacher is that they make learning fun and easy. Once you've watched this DVD, originally recorded at the Trader's Hall of Fame conference in Las Vegas in 2003, you will be saying that about Bob Prechter. Over the course of two hours Bob tells you most of what he knows about the Elliott Wave Principle - and does it without a single dull moment. Here's what you'll learn in Bob's 2-hour presentation: * Market Turns: Bob shows you practical ways to anticipate market turns using the Wave Principle and other technical indicators. You will learn exactly what you need to see on a chart to know if a bull or a bear market is over. * Real-Life Examples: Many traders teach theory: "If the market did this, you would do that." Instead, Bob puts you in the driver's seat, in real-time trading situations, giving you a unique, real-life perspective. * Chart Form Is Key: You will learn why the most important part of the Wave Principle is the form of chart patterns. Those forms repeat - again and again. (For example, did you know that the forms of the DJIA's 1920-1929 and 1974-2000 bull markets look almost identical?) You will learn what those forms are, and how to apply that knowledge in your markets. * Boost Your Chances: You will see how Elliott wave analysis helps you to select only those opportunities where the odds are in your favor. Bob also shows you ways to identify the markets' "make or break" points. * Market Psychology: That is Bob's favorite subject. "Most of the time, if you follow market psychology," says Bob in the DVD, "you will not find yourself on the wrong side of the market for too long." * Contrarian Indicators: Did you know that every stock market top in the past century occurred when the DJIA's dividend yield was less than 3%? Do you know how to use media headlines, "the greatest contrarian signals," to your advantage? You will. Also P/E ratios, Daily Sentiment Index.Bob tells you which contrarian signals to watch out for at market tops and bottoms. * Fibonacci Numbers: Bob shows you how to apply simple Fibonacci proportions - to real-time stock market charts - to get both price and time forecasts. As Bob tells you in this DVD, the Wave Principle is not perfect, but at the very least, "it helps you avoid major investment disasters," and it alerts you to major opportunities - in the financial markets and beyond. Ultimately, the Wave Principle forecasts people's behavior, and you may be surprised to see Bob's examples of successful forecasts for Wall Street's mergers and acquisitions activities; brokerage firm business; the number of bank loans; public transit ridership numbers - and even wars and peaceful times. The scope of the Elliott Wave Principle is immense. Its greatest message, though, is that "the trend of human progress is always up," says Bob. After watching this DVD, you will be hard-pressed to disagree. Newlink:
    1 point
  4. saamy

    Sam S3iden

    hi the following from a guy called "60minuteman" http://needynotshy.com/vbforum/archive/index.php/t-15.html and for me it concludes sam 1.http://i1222.photobucket.com/albums/dd481/ringobells/1.png 2.http://i1222.photobucket.com/albums/dd481/ringobells/2.png RULES: These aren't really rules, but if finding the strong s&d areas is vital, we need some way of determining if it is strong or weak... Thankfully that is easy too... 1. The areas have to be : rally-base-drop or drop-base-rally youre looking for places where price turned..... its only minor s&d if price was moving up, went sideways, then continued up.... rally-base-rally is no good! By all means note these areas, but theyre not what you are looking for... look at area 2 and 1 on the chart again.... rally-base-drop 2. how long did price stay at this area.... a short time is good! this shows there is a big imbalance between s&d 3. how did price leave this area... gap is excellent... but rare.. so we are looking for a strong move away.... area 1 and 2 on the chart again... 4. how far did it go.... this is your profitability area 2 dropped about 350 pips... we look for at least 3/1 profit, so a sl at area 1 of 100 pips would of been ok... 5. you also want to have a decent amount of time between prices visit to an area, because obviously if price is constantly hanging around the area, then its not meeting rules 2, 3 and 4. ENTRIES: for entries we need to draw in our s&d zones, the conventional teaching is to draw a single line, but thats just not realistic, price isnt going to turn right on the exact pip! so we draw a zone... look at chart 2 ok here i have drawn in the top and bottom lines of my supply zone.. you are just trying to capture the range of prices where price turned... its subjective, but practice.... i am OK, SO WHEN DO WE PULL THE TRIGGER? this is the bit im always trying to find on threads i read, so ive put it in big letters for you...:) there are 2 approaches... conservative and gun ho! ... im a gun ho trader, unfortunately for me.... but its upto you! conservative is to wait for price to come back to the area and show some signal that it has turned.... bollinger bands, fibs, whatever you like, if it makes you feel better, do it.. gun ho! you just wait for price to enter the area, or even set a limit order on your line.... STOP LOSS for your sl you use the top line (or bottom when going long) of your s&d zone TARGET upto you, i tend to take profit as price moves towards minor s/r zones, Trade enhancers: Selecting supply and demand zones: 1.Pick rally, base, drop or drop, base, rally - this looks like a sharp peak on your charts, or a deep sharp V-shape 2. price dropped fast from the peak. 3. price dropped a long way. 4. price was at the peak for a short time only. Entries: 1. this is the first return to the supply or demand zone. 2. price rallied strongly into the supply zone, or even better, gapped into the supply zone 3. price has been away from the supply zone for a long time Other things to look for: 1. make sure that you have at least 1/3 risk/reward, ideally 1/4... count the pips of the drop from the supply zone last time and divide that by your stop loss, if the result is above 3 this is a good trade. 2. if entering from supply on the 1hr, check that the 4hr and daily are not in demand.... The hardest thing is entering long when you see price plummeting strongly short... it feels wrong at first, but you need to remember this, The forex market is just a transfer of funds from 1 set of traders to another, this is how oney is made in forex, so we are looking to take the money from the novice trader... we can find these traders easily on our charts. Novice traders make 2 mistakes over and over again.... "they buy after a sustained period of buying and into areas of supply..." and vice versa... so when you see those strong rallies or drops into our areas of supply and demand, we know it will be easy to take this money.... institutional traders know this and trade this way too
    1 point
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