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  • #41
  • Mar 8, 2025 6:09pm Mar 8, 2025 6:09pm
Quoting MachineLearn
{quote} Give a brief summary of what peace actions means to you

old fashioned tape reading like people did before computers were invented
short trump and go long the deepstate
  • #42
  • Mar 8, 2025 6:29pm Mar 8, 2025 6:29pm
Quoting Zebi
{quote} old fashioned tape reading like people did before computers were invented
True. I think that will lend itself greatly to this system. A missing component.
  • #43
  • Mar 8, 2025 7:06pm Mar 8, 2025 7:06pm
Quoting Zebi
{quote} the site was sold to some fascist wannabe who tried making it a club for conservatives
I've been racking my brain trying to remember the name of the guy who bought the avidtrader.com name. I remember he quickly turned it to mud. Reading your post it suddenly came to me: His name was Larry Levine. Claimed to have been a former successful Chicago floor trader and wanted to use the avidtrader website to sell a trading course.

Here is a screenshot from back when I was there:

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Thanks for sharing, Zebi, I very much appreciate it!
Life itself is a privilege, but to live life to the fullest is a choice
  • #44
  • Mar 8, 2025 7:17pm Mar 8, 2025 7:17pm
Quoting MachineLearn
{quote} True. I think that will lend itself greatly to this system. A missing component.


That is exactly why I stated in the initial post that this thread is going to explore a hybrid of the mebob method and price action. For me, I have always felt Richard Wyckoff's understanding was the best definition of trading price action: Trading pure price action, aka "Tape Reading" is the art of forecasting (not predicting) where price is likely to move next by judging the action of the market itself. (And I refer here to the actual human being, the Richard D Wyckoff and not all the trading vendors who have attempted to profit by using his name).

Quoting Zebi
{quote} old fashioned tape reading like people did before computers were invented
Life itself is a privilege, but to live life to the fullest is a choice
  • #45
  • Mar 8, 2025 7:43pm Mar 8, 2025 7:43pm
I've been racking my brain since VidVad first mentioned TASC&Avid trader here.... I could of sworn there was an avid trader magazine..

I think this may best describe my mind :
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My brain sometimes functions more like a 286 computer with a 1mb floppy drive... And I have a million terabytes of data in my head to sort thru...

But I got there !!! I found it !

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It was Active Trader lol..not Avid

Anyways back to my crosswords and Sudoku puzzles and exercising my 286..

And if you can't laugh at yourself, who can you laugh at !

Cheers !

And yes Wyckoff resonates best with me as well..
Master your Mind,,,Master the Market
  • #46
  • Mar 8, 2025 7:44pm Mar 8, 2025 7:44pm
Quoting vidvad
{quote} I've been racking my brain trying to remember the name of the guy who bought the avidtrader.com name. I remember he quickly turned it to mud. Reading your post it suddenly came to me: His name was Larry Levine. Claimed to have been a former successful Chicago floor trader and wanted to use the avidtrader website to sell a trading course. Here is a screenshot from back when I was there: {image} Thanks for sharing, Zebi, I very much appreciate it!

avid was around for the dawn of daytrading when the soes bandits reigned supreme and people at avid were using daily TA on smaller timeframes using the computer.

back then the minimum to open a futures trading account was 10k not like the 10 dollars it is now in forex LOL

I remember oleman saying one time you can give a 1000 people the holy grail of trading and only one will make money with it LOL...i didn't understand what he meant by that since I was starting out but danggoneit if he wasn't right LOL
short trump and go long the deepstate
  • #47
  • Mar 8, 2025 7:49pm Mar 8, 2025 7:49pm
Quoting bluesteele
I've been racking my brain since VidVad first mentioned TASC&Avid trader here.... I could of sworn there was an avid trader magazine.. I think this may best describe my mind : {image} My brain sometimes functions more like a 286 computer with a 1mb floppy drive... And I have a million terabytes of data in my head to sort thru... But I got there !!! I found it ! {image} It was Active Trader lol..not Avid Anyways back to my crosswords and Sudoku puzzles and exercising my 286.. And if you...

I used to go to libraries to read old copies of Futures magazine and technical analysis of stocks and commodities magazine

and once a month id go to a bookstore and buy a cup of coffee and and sit and read the current month of both magazines. Futures magazine used to be free online but topstep bought them out and its behind a paywall now...TASC is for sale in DVD form or whatever file system is in use now

if anyone wants to spend a quiet weekend in a library go read the TASC magazines from 10 years ago and go backwards cause that's when the best articles were written
short trump and go long the deepstate
  • #48
  • Edited 10:34am Mar 9, 2025 10:01am | Edited 10:34am
Quoting Zebi
{quote} back then the minimum to open a futures trading account was 10k not like the 10 dollars it is now in forex LOL
My first futures account was with the old Lind-Waldock sometime around 1998. I wasn't day trading at the time. I was swing trading gold when it was less than$300/ounce and crude oil was trading between $10 and $12/barrel lol. I didn't day trade the ES for the first time until 2005 or 2006, which is why I didn't find avidtrader until it was near the end of the website.

Quoting Zebi
{quote} I remember oleman saying one time you can give a 1000 people the holy grail of trading and only one will make money with it LOL...i didn't understand what he meant by that since I was starting out but danggoneit if he wasn't right LOL
I think it was Richard Dennis, or perhaps his partner William Eckhardt who said they could publish the rules to their trading system in the Wall Street Journal and no one would follow them correctly.

Everyone (and I include myself here of course) always wants to refine away the losing trades completely, and so any profitable trading system is quickly amended and changed by anyone who comes by it second hand. It is this very tendency that has caused the degree of consistency and success I have long sought for in trading to elude me for as long as it has (or is it now, "had?").
Life itself is a privilege, but to live life to the fullest is a choice
  • #49
  • Edited 10:59am Mar 9, 2025 10:08am | Edited 10:59am
Quoting bluesteele
I've been racking my brain since VidVad first mentioned TASC&Avid trader here.... I could of sworn there was an avid trader magazine.. I think this may best describe my mind : My brain sometimes functions more like a 286 computer with a 1mb floppy drive... And I have a million terabytes of data in my head to sort thru... But I got there !!! I found it ! {image} It was Active Trader lol..not Avid Anyways back to my crosswords and Sudoku puzzles and exercising my 286.. And if you can't...
Quoting Zebi
{quote} I used to go to libraries to read old copies of Futures magazine and technical analysis of stocks and commodities magazine and once a month id go to a bookstore and buy a cup of coffee and and sit and read the current month of both magazines. Futures magazine used to be free online but topstep bought them out and its behind a paywall now...TASC is for sale in DVD form or whatever file system is in use now if anyone wants to spend a quiet weekend in a library go read the TASC magazines from 10 years ago and go backwards cause that's when...
I miss hard copy magazines. First of all simply for the experience of holding the magazine while reading it, and turning the pages. But also they were a filter between good and poor content. The internet is so cheap and easy to use to deliver information that 99.9% of the information on it would have died before reaching the public in the age of print media. (I mean, just look at me: Any bozo can record a video and post it to youtube these days lol) That's why you have to go back at least ten years, probably 13 years or more to find the best content from TAS&C and other trading magazines.
Life itself is a privilege, but to live life to the fullest is a choice
  • #50
  • Mar 9, 2025 11:36am Mar 9, 2025 11:36am
Quoting vidvad
{quote} My first futures account was with the old Lind-Waldock sometime around 1998. I wasn't day trading at the time. I was swing trading gold when it was less than$300/ounce and crude oil was trading between $10 and $12/barrel lol. I didn't day trade the ES for the first time until 2005 or 2006, which is why I didn't find avidtrader until it was near the end of the website. {quote} I think it was Richard Dennis, or perhaps his partner William Eckhardt who said they could publish the rules to their trading system in the Wall Street Journal and...
here's an old avid refugee meeting area...youll prolly find links to old avid chat logs here cause I know of several besides the one you posted earlier...maybe even mebobs posts


https://www.siliconinvestor.com/subj...ubjectid=59816
short trump and go long the deepstate
  • #51
  • Mar 9, 2025 12:41pm Mar 9, 2025 12:41pm
Just thought I would share this indicator for TV. Very customizable.
You could say its what the majority of my playbook setups are based of.
I use it to frame out the OR/IB for NY session.
Love the indicator but dont see eye to eye with guy behind it..

So if you would like it..PM me. Wont publicize it.

But it works great for anyone interested in trading Mebob with TV

Cheers
Blue

A few different views below

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Master your Mind,,,Master the Market
  • #52
  • Mar 9, 2025 1:14pm Mar 9, 2025 1:14pm
Heres a few days that price's behaviour around Mebob got my attention.
Truth be told one can draw any random line and see price revolve around it.

These are simply observations.

As for visually going thru history one just needs a Breakout indicator as I know many here
use MT4 or 5 .... Just a quick thought If I were so inclined..One of the things that I would be
looking at is days of the week and Mebob. Are there any days of the week that show a
higher probability of say a BO of Mebob levels that dont return... Thinking along the lines of
Mebob and how it is purported to be used for "catching" a trend trade..

Days of the week is just one idea... Perhaps someone uses Edgeful and can plug the Mebob time in
and spit some data out.

Cheers

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Master your Mind,,,Master the Market
  • #53
  • Mar 9, 2025 1:14pm Mar 9, 2025 1:14pm
Quoting bluesteele
Just thought I would share this indicator for TV. Very customizable. You could say its what the majority of my playbook setups are based of. I use it to frame out the OR/IB for NY session. Love the indicator but dont see eye to eye with guy behind it.. So if you would like it..PM me. Wont publicize it. But it works great for anyone interested in trading Mebob with TV Cheers Blue A few different views below {image} {image} {image}
Great indicator, thank you!
  • #54
  • Mar 9, 2025 1:53pm Mar 9, 2025 1:53pm
Quoting bluesteele
Just thought I would share this indicator for TV. Very customizable. You could say its what the majority of my playbook setups are based of. I use it to frame out the OR/IB for NY session. Love the indicator but dont see eye to eye with guy behind it.. So if you would like it..PM me. Wont publicize it. But it works great for anyone interested in trading Mebob with TV Cheers Blue A few different views below {image} {image} {image}
Hello! could you share with us the name of the indicator? Thank you very much!
  • #55
  • Edited 9:29am Mar 10, 2025 9:11am | Edited 9:29am
Small MEBOB range today, let's see what we got...

I have level 2 and orderflow up as well to confirm entry.

Price respecting the MEBOB range for 15 minutes straight, still waiting for BO
  • #56
  • Mar 10, 2025 9:34am Mar 10, 2025 9:34am
Quoting MachineLearn
Small MEBOB range today, let's see what we got... I have level 2 and orderflow up as well to confirm entry. Price respecting the MEBOB range for 15 minutes straight, still waiting for BO
Nice win to start the morning Trying Micro Contracts to start



High market order volume started to pour in after the close below the MEBOB range. Buy pending orders started to dissapate, and saw a strong level around 5660 that I figured price would move to, which happened to align nicely with 1:1 of the MEBOB tp.

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  • #57
  • Mar 10, 2025 10:06am Mar 10, 2025 10:06am
Great move today looking for the 1:1!
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  • #58
  • Mar 10, 2025 10:06am Mar 10, 2025 10:06am
Today's MeBob live trading video

Inserted Video
Life itself is a privilege, but to live life to the fullest is a choice
  • #59
  • Mar 10, 2025 10:24am Mar 10, 2025 10:24am
Quoting fream1
Great move today looking for the 1:1! {image}
Remember you can also just target 1x the MEBOB range from the trigger candle.
  • #60
  • Mar 10, 2025 10:38am Mar 10, 2025 10:38am
Quoting fream1
Great move today looking for the 1:1! {image}
Well played!
Life itself is a privilege, but to live life to the fullest is a choice
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