We havent heard from mike in a couple of days, maybe he's been busy putting all together! 
- #109
- Jul 21, 2009 1:14am Jul 21, 2009 1:14am
- Joined Oct 2008 | Status: patiently growing wealth... | 2,655 Posts
John 3:16 - From THIS love no power on earth can me sever.
- #110
- Edited 6:28am Jul 21, 2009 3:23am | Edited 6:28am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
- #112
- Jul 21, 2009 4:11am Jul 21, 2009 4:11am
Hi guys & sorry Porkpie...
Firstly my appologies for only posting now. Guys I will have to call for a time out. Things are just going to hectic in my live now, to many things and to little hours. As it is, I only got to bed after 4am this morning and had to be back up at 6 again. It has been going like this for the last couple of days.
OK, so where do we stand now?
a) Good progress has been made on the indicator but it seems like we ran into a wall with the processing part taking place in the VB app I wrote. I have 2 good guys working on it now to see whether they can get something worked out. Time frame on this? Your guess is as good as mine, but it is a high priority.
b) Hammer & Walls. I got off to a good start. I have already laid down over 30 pages of info and have collected a vast amount of samples. I will try and get it completed this week and get it posted.
So yes, we are still heading in the right direction albeit at a far slower pace than I initially anticipated.
As mentioned, I'm swamped with work and things that need my attention and this will most prob. continue until the end of the month. I'm involved in 3 other business ventures and we have reached the halfway mark for the tax year so there are lots to do and get completed.
My suggestion would be the following: On my profile there is a link to my email. If you would like to receive updates drop me a mail with your email address and name. Rest assured, your email will not be used for anything but to drop you an update and it will not be disclosed to any third parties. I cannot always get onto the forum but my mail is always with me on my HTC.
I feel very s****** that this thread took a duck like this now but my hands are tied unless somebody can get another 8 hours tapped out of each day.
I will quickly scan through the posts and reply. If I don't please just drop me a mail. Thanks and once again sorry for creating such a hype and then popping the bubble....at least just for now.
Firstly my appologies for only posting now. Guys I will have to call for a time out. Things are just going to hectic in my live now, to many things and to little hours. As it is, I only got to bed after 4am this morning and had to be back up at 6 again. It has been going like this for the last couple of days.
OK, so where do we stand now?
a) Good progress has been made on the indicator but it seems like we ran into a wall with the processing part taking place in the VB app I wrote. I have 2 good guys working on it now to see whether they can get something worked out. Time frame on this? Your guess is as good as mine, but it is a high priority.
b) Hammer & Walls. I got off to a good start. I have already laid down over 30 pages of info and have collected a vast amount of samples. I will try and get it completed this week and get it posted.
So yes, we are still heading in the right direction albeit at a far slower pace than I initially anticipated.
As mentioned, I'm swamped with work and things that need my attention and this will most prob. continue until the end of the month. I'm involved in 3 other business ventures and we have reached the halfway mark for the tax year so there are lots to do and get completed.
My suggestion would be the following: On my profile there is a link to my email. If you would like to receive updates drop me a mail with your email address and name. Rest assured, your email will not be used for anything but to drop you an update and it will not be disclosed to any third parties. I cannot always get onto the forum but my mail is always with me on my HTC.
I feel very s****** that this thread took a duck like this now but my hands are tied unless somebody can get another 8 hours tapped out of each day.
I will quickly scan through the posts and reply. If I don't please just drop me a mail. Thanks and once again sorry for creating such a hype and then popping the bubble....at least just for now.
- #114
- Jul 21, 2009 4:23am Jul 21, 2009 4:23am
Porkpie,
can you lead in this direction? lets start with HW identification and strategies around them....I think mike said some posts back that you have hit the nail by the head
kos
The hammers & walls is simple support and resistance albeit maybe applied a bit differently. A wall is just as the name suggests....when price runs into a wall...what happens then?.....it pullsback...once you have a pullback you have a wall in place.
There are some other rules I use as well but that is the basics. If you get a hammer (see candle formations) below/above that wall you have your confirmation to either enter on close of hammer or on break of wall.
I hope the above brief descr. helps some. It is really basic stuff. The biggest part for me of the whole H&W strategy is the MM or at least the concept of the MM. One trade a day, 180 days a year, min. target of 15 per day. You thus only trade for about half the year and aim for around 3,000 pips each year. Simple, effective, powerfull....if you have the right mindset.
Everything will be explained in detail in the pdf...just need to get it done
- #116
- Jul 21, 2009 5:02am Jul 21, 2009 5:02am
- Joined Mar 2007 | Status: Trader | 1,066 Posts
Limstylez,
lol...no problem...just the usual way a thread goes. very true what you have to say about doing some homework. Everything I have to say is right here on FF in one form or another. Regarding the indicator, as it goes now it looks like it will end up as it is now...a signal generator and mailer.
I have two good guys working on it. Funny how something so simple can get so complicated. To many patching here and there and code all over the place. They have however assured me that they will get it all neat and tidy and into one or two files...
I know how prescious time is. I hope people do some homework like Limstylez says. You have already given some very valuable advice. I enjoy FF for the discussion on certain trading issues and your approach ticks those boxes. So, I am looking forward to see what developes in this thread once people are up to speed. 
To porkpie and limstylz.
Who are you to 'control the crowd' ? It is HIGHLY appreciated what mike does for us and very intersting. No doubt about that.
But who are you to tell people what they have to do ?
If Mike wants to release his PDF file about his trading style and his indicator, he will. If he doesn't want to release this, he won't.
People who just want to have the indicator and dont learn about S&R or hammers and walls and fall flat on their face with it... Guess what it's their problem and not your or our problem.
You don't have to tell them what to do. So long to you both
Mike just work this stuff out at your pace. This forum has no priority unlike the important stuff that you have to work out in 'real life' . It is much appreciated what you do here
Who are you to 'control the crowd' ? It is HIGHLY appreciated what mike does for us and very intersting. No doubt about that.
But who are you to tell people what they have to do ?
If Mike wants to release his PDF file about his trading style and his indicator, he will. If he doesn't want to release this, he won't.
People who just want to have the indicator and dont learn about S&R or hammers and walls and fall flat on their face with it... Guess what it's their problem and not your or our problem.
You don't have to tell them what to do. So long to you both
Mike just work this stuff out at your pace. This forum has no priority unlike the important stuff that you have to work out in 'real life' . It is much appreciated what you do here
If you felt the need to respond, then my post hit home... nothing further to be said...
Edit: If you can't take a simple contra and instantly start off talking stuff like you did... well it's not exactly like you behave in a discussion. Everyone has his own point of view and to be honest i really don't want to start a verbal fight with you. You will insist that your point of view is correct and i will insist on mine. No much sense behind that.
Peace