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Post# of 2124
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Followers 8
Posts 466
Boards Moderated 1
Alias Born 02/18/2008

Re: None

Sunday, 08/10/2008 5:10:29 PM

Sunday, August 10, 2008 5:10:29 PM

Post# of 2124
Well...I won't be an activist moderator, in the sense that I think people should have a voice unless there is egregious behavior. Perhaps it is good to have someone like myself who trades in a different time frame than most here apparently do.

I plan to talk about daily trends, and show daily or weekly charts to define the trends in those time periods.

You will notice that I use few indicators...the reason is twofold:

1. Any indicator which is based on price (almost the entire gamut of indicators is based on price), is, by it's very nature, a time lagging indicator to what has happened in price.

2. There is inherently no better indicator than price itself...price is the master of what is really happening in the markets. The emphasis on price is the reason that renko is so attractive..if the proper brick size is displayed, the renko chart literally shouts at the direction of trend.

It seems there will be a good mix of ultra short-term, short-term, and intermediate-term ideas here.......and that provides a healthy choice for regulars and visitors to evaluate. Good luck and good trading to all.

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