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  #11 (permalink)  
Old 03-07-2008, 03:05 PM
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Fetor Fetor is online now
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The water-skier method...maybe it's the next economic theory break-through in the making. All of the economic minds at Harvard, Yale, and Princeton.....but none have what we have -the water-skier method.

Loved the visual image Jude.
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Old 03-10-2008, 01:14 AM
jude jude is offline
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I bet you tried it. LOLOL

The candles went like this,.if they were big candles, the skier was "roostertailing", and the skier(trade) just keeps going in the same direction,...mainly,..but if the skier starts leaving "sticks" (doji's) or "little rocks" (spinning tops, etc.,) it meant it's "too shallow or too rough a wake wave to jump" and we were heading for the other side.

Okay, now that you're all rolling around the floor,.....we will not wonder how I managed to burn two accounts.

Actually, I had been using a lot of indicators and formulas that only served to confuse me and make it more and more impossible to have a clue where the trade was headed. I had subscribed to a number of sites where I had learned the "everything including the kitchen sink" method of charting, sometimes I couldn't even see the candles!
So, the water-skier appeared out of frustration with using 27 indicators at a time.
Now, I fly Nick's way, or naked, ...and it sure is a LOT easier!

Last edited by jude : 03-10-2008 at 01:31 AM.
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