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I saw every thing from Steidlmayer which is presented in this thread.
He seems to be amazingly confident about his ideas and approach and it actually inspires confidence.
I tried to contact him or Hawkins but i have not received any reply. I wanted to receive dossiers on his softwares, either Capital Flow, Volume Strips or Time-Variable Profiles which are all about exploiting some algorytm which he is quite busy designing. I suppose he simply wants to adapt to conditions of prevailing forces in the nowdays markets like quants work, HFT and so on. He shows how markets are more vertical and classic MP is outdated, because currently, the highest volume occurs at the top of the range and at the bottom of the range.
I dont know what to think about it honestly because i wanted dossiers and eventually purchase the things but there is so little info about it. He also did not provide any specifics about how actually execute the trades and i can hardly speculate about it if i have no additional info or hard product in my hands.
Have you some luck in contacting them or do you actually know how to exploit the features which Pete presented in his CME presentations and webinars ?
For me, it is still open wild card but at the same time i am in the midst of the storm and ucertainty.
Thanks for reply guys !
Can you help answer these questions from other members on NexusFi?
Might be interesting, but to have one of the greatest and most innovative minds in the trading world in the last 50 years (he was on the floor in like 1960), and potentially have people asking questions like "What's a TPO?" would be just a travesty.
Definitely, but Al's been around trading for a few years (I don't know how many, maybe 10, maybe 20, either way, more than me that's for sure), Pete for a few decades. Al discusses trading on a "break the bar high" level, on a "draw a trend line" level. While I have the utmost respect for both, they just aren't in the same league (though they are both out of my league!) Pete is a true innovator who understands things about how markets work because he's been trading and observing markets for 50 years, he created ideas, original ones, that no one else ever did. I hope I don't sound like I'm making him too god-like, but it's like he has such a deep understanding that he's forgotten how to make it relatable to the common guy, like he's searching for words to describe nuances of how markets work and he just can't seem to get the real nature of his understanding across. Still, he's a great communicator, but I can almost feel his struggle as he attempts to compound many decades of learning and creativity into an hour-long presentation.