Thanks for you kind comment MvW

Thanks MvW

I am stuck between using TWO trading methods at the moment and it is ripping me apart... I was lucky to get the 12% and I will take it...

I will post some charts later today...

One method is telling me that the Dow should find support at the monthly trend line.. with this method I use the daily, weekly and monthly prices as trend lines...

The other method which is based around fibonacci is telling me that the market has hit resistance...

As you can see... I am stuck in the middle on this one... so I think I might just sit out next week until I get a clear signal...

I am learning alot about exits and planning the trades at the moment so that is taking up a lot of my time....

I'm also reading "Trade your way to financial freedom" by Dr Van K Tharp .... great read... about the holy grail... Expectancy.... and so on and I'm learning a lot here also..

At the end of next week I should know where I am with my trading systems and from there I will be a lot happier about trading....

I have been following your blog... great results... well done...

Thanks for the comment as always MvW

All my latest charts are here @ http://chart.ly/user/themarkettrend

Thanks MvW

Yes I agree with you \"even if we get there\" ... This market just keeps on moving up hey...

It\'s hard to find the right place to go long...

Thanks for droping by and posting the comment. I am a big fan of you and your blog keep up the great work my friend..

Many Thanks

Thanks MvW

Hi Jeff,

Yes I know mate... I should know better by now hey...

but this is it my friend no more changes or chasing wild horses...

My main focus now is a trading plan... I have never really used one before... I NEED ONE badly....

The trading plan will help me PLAN to trade... funny that.. but thats what i need... It will make me a better trader and pinpoint my weak spots... (many of them)...

Thanks for passing by Jeff and taking the time to comment... I always take on board what you say...

It\'s great to hear from you

Cheers

could these numbers shed any light on the $DJIA rally top ?????

http://twitpic.com/4li9h

Just a thought

Hi Dani (hello france)

Sorry but I have never heard of him or his teachings...

Thanks for passing by and making a comment

Hi UrblowingMygame

If you have a system that sales why not sell it... everyone else does hey..

I cant speak for TIM Sykes but what I can say is that he makes around 80k per month just from his blog... not a bad return is it...

Me personally I love to trade... I\'m not looking to make money from my blog... I could make some $$$$$ if I want, but I want to keep my blog AD free...

And yes trading really is that simple... but people don\'t like simple do they... people need to think they are clever, so simple just doesn\'t cut it there eyes...

Thanks for the comment I\'m glad your a grown adult

Thanks Alex,

Yes I do realize that thanks but they are too SLOW...

By the time they give you an entry It could be time to exit and big money knows that. ...

if you use indicators your the ones buying when the big money is selling, thats why there will always be someone stupid enough to buy falling stocks...

All your doing is putting easy money in to the big boys pockets...

When you finally catch on to whats happened you start to sell your stock and the big money see this and purchases the stock cheaper again and then pushes the stock higher again.... it repeats again and again and again...

Indicators have you behind the eight ball everytime... do you realize that...

Yes there will be times when you can ride with the big boys... but there will be more times than not that your riding against them...

Thanks for the Comment Alex