Hi David, Got turned on to you through Vince Rowe. Really enjoy your take on the markets and daily posts- first place I go! Thanks for all the work and look forward to speaking with you.
Thanks Bill. I will try over time to flesh out some of the concepts of what I do in this blog. Lots of balls in the air, but I will get there eventually.
I am the same one that did the “Trader Interviews” podcast several months ago. Thanks. I hope to have the nets up and running at full speed shortly.
Trying to get video capabilities of my screens in place so that I can work on the cloud computing application project I discussed. Lost an archive drive, but fortunately the back up is safe and is being returned in DVD format.
Will try to improve. Videos will be coming shortly on how to read the reports and use them.
Hi David. I enjoy listening to you on Vince’s show. I was wondering, have you experimented with Renko charts? I have seen a few threads on factory forex about them. Thanks, Daryl
I have not, but I cut my teeth in technical analysis on point and figure charts years ago (before we had computerized charting programs that make this stuff easy to do. As charting and trading can be a visual thing, if it helps you see bigger trends (or the trends you are interesting in monitoring), I think they can work. The reason I trade primarily off of chart price action is that it is directly measurable. The only reason I add the nets to it is that I want to some statistical back-up for the trades so that I do not make the mistake of being psyched out of a trade. I will anger most trade psychologists when I say that if you know what your trade expectancy is, you do not apply emotions but only discipline. If Renko charts help you do that, then I would use them. Make sure that if your trade plan employs them, that you have a set of testable trade rules that you can track to make certain that the trades have a positive expectancy over the long run.
Hi David,
Enjoy your posts on stocktwitter. Viewed a couple of your webcasts and was impressed. I am in the lowcountry near Charleston and use tbird2252 for my stocktwitter handle. 2252, btw, stands for my birthdate…Originally from Lincoln County NC. Thanks again!
Great commentary. Very interested in learning more re you’re use of Fib retracements once you’ve taken a position either long or short? Might you provide your thoughts on exit targets? Many thanks!
I have been wanting to follow you on StockTwits. Glad I found your post and blog.I use PnF charts in my analysis as well as other technical tools. I live in eastern North Carolina.
Dave: thank you for your latest post. I have been a bit uneasy and have taken many of the profits that i have esp in riskier issues as of a week ago. Of course I have been second guessing myself since and trying to figure out what to do now. I always appreciate your comments and look forward to reviewing your thoughts in more detail this evening.
Thanks Alex. Just caught up with posting as I am trading, working on social media ventures, and trying to keep it all together. I am glad to know you are doing well. I may make the reunion in October if I do not have to head to Phoenix at that time. Thanks for checking it out. (Those pictures of New Zealand were cool too )
David – I read about 10-12 research pieces daily…from Art Cashin, David Rosenberg, Fleckenstein, etc. I just added your site to my daily routine as the information is both timely and a good complement to my arsenal. Thanks for what you do. I’d be more than happy to support your site financially if you tell me how.
Thanks Tim. I am working on some ideas to make a portion of this blog a paysite, hopefully with the same neural net data I was publishing previously on a daily basis, with maybe some added short-term index work included. Still in the planning phases, but I will let everyone know when it happens. Thanks for supporting my blog!
{ 15 comments… read them below or add one }
Hi David, Got turned on to you through Vince Rowe. Really enjoy your take on the markets and daily posts- first place I go! Thanks for all the work and look forward to speaking with you.
Bill
Thanks Bill. I will try over time to flesh out some of the concepts of what I do in this blog. Lots of balls in the air, but I will get there eventually.
Hi Dave
May I please ask if you are the “david buffalo” that was interviewed by “trader interview”
this is an excellent blog. thanks
sean
I am the same one that did the “Trader Interviews” podcast several months ago. Thanks. I hope to have the nets up and running at full speed shortly.
Trying to get video capabilities of my screens in place so that I can work on the cloud computing application project I discussed. Lost an archive drive, but fortunately the back up is safe and is being returned in DVD format.
Will try to improve. Videos will be coming shortly on how to read the reports and use them.
Hi David. I enjoy listening to you on Vince’s show. I was wondering, have you experimented with Renko charts? I have seen a few threads on factory forex about them. Thanks, Daryl
I have not, but I cut my teeth in technical analysis on point and figure charts years ago (before we had computerized charting programs that make this stuff easy to do. As charting and trading can be a visual thing, if it helps you see bigger trends (or the trends you are interesting in monitoring), I think they can work. The reason I trade primarily off of chart price action is that it is directly measurable. The only reason I add the nets to it is that I want to some statistical back-up for the trades so that I do not make the mistake of being psyched out of a trade. I will anger most trade psychologists when I say that if you know what your trade expectancy is, you do not apply emotions but only discipline. If Renko charts help you do that, then I would use them. Make sure that if your trade plan employs them, that you have a set of testable trade rules that you can track to make certain that the trades have a positive expectancy over the long run.
Hope that helps.
Hi David,
Enjoy your posts on stocktwitter. Viewed a couple of your webcasts and was impressed. I am in the lowcountry near Charleston and use tbird2252 for my stocktwitter handle. 2252, btw, stands for my birthdate…Originally from Lincoln County NC. Thanks again!
David,
Great commentary. Very interested in learning more re you’re use of Fib retracements once you’ve taken a position either long or short? Might you provide your thoughts on exit targets? Many thanks!
I have been wanting to follow you on StockTwits. Glad I found your post and blog.I use PnF charts in my analysis as well as other technical tools. I live in eastern North Carolina.
Send me an e-mail or two on some charts from your Forex technical analysis and I’ll show you mine. Ha! Ha!
Dave: thank you for your latest post. I have been a bit uneasy and have taken many of the profits that i have esp in riskier issues as of a week ago. Of course I have been second guessing myself since and trying to figure out what to do now. I always appreciate your comments and look forward to reviewing your thoughts in more detail this evening.
Christopher Dress
Sounds like you are doing great, Dave. Just stumbled upon your site. I am still in CLT and glad you are in Upstate. Alex
Thanks Alex. Just caught up with posting as I am trading, working on social media ventures, and trying to keep it all together. I am glad to know you are doing well. I may make the reunion in October if I do not have to head to Phoenix at that time. Thanks for checking it out. (Those pictures of New Zealand were cool too
)
David – I read about 10-12 research pieces daily…from Art Cashin, David Rosenberg, Fleckenstein, etc. I just added your site to my daily routine as the information is both timely and a good complement to my arsenal. Thanks for what you do. I’d be more than happy to support your site financially if you tell me how.
Thanks again.
Thanks Tim. I am working on some ideas to make a portion of this blog a paysite, hopefully with the same neural net data I was publishing previously on a daily basis, with maybe some added short-term index work included. Still in the planning phases, but I will let everyone know when it happens. Thanks for supporting my blog!