Dunno mate.
If he's in Vegas on 'business', the traders expo finishes tomorrow (Saturday).... if he's there on vacation, maybe he's got lucky on the tables and decided to stay...... :D
Deep, man... real deep.......
Got me thinking.....
If a loptop in the middle of a huge forrest is showing a chart of the ES with an indicator showing a buy signal... but there's no-one there to see it... is it really indicating anything at all..?
Sleep deprivation is a terrible thing :) :p :D
You're welcome m8 :)
Wow... that sounds real complicated. I don't put as much energy into it as you (refer to my signature line) - I like to keep it simple and clear. Just like ESR has said a few times... keep it simple and look for the obvious points that everyone else can see.
If you...
G'day Barbeque x2
Here's the best (IMHO) market profile site: http://www.mypivots.com/forum/topic.asp?TOPIC_ID=3319&whichpage=4 The rest of this site is worth looking through - there's a lot of excellent stuff there.
There is a way to merge daily MP figures to give longer range MP, but I...
G'day JSSPMK
Not necessarily..... for the title to be valid, S/R could actually be included in the statement, "Indicators are liars". It just so happens that, based on experience, the contributors to this thread (including the OP) have found that S/R levels 'lie' less than most other...
Looks good to me mate.
FWIW, I've attached my own worksheet... obviously my S/R levels are personally picked, but all the other figures look right. Strangely enough, I always have my 'close' 1 tick different to yours, but all other figures always match :confused:
As for the layout, it's...
Goodonya ESR, your dedication is to be commended! :)
So... is this trip to Vegas business or pleasure? Are you at the traders expo?
Have fun either way,
Preach.
Hey Verdo,
Thanks - that's a huge improvement and makes it more 'readable', but the problem is that I've still got (almost) every candle spiking past the BBs - both upper and lower (BBs based on ESR's recommended setup)... whereas ESR's $tick chart was altogether 'smoother'.
Thanks for...
Mate, I've been putting in some crazy hours at work... which is why I need to get real good at this, real quick..!! Good enough to be confident in it as my primary income!
Whilst I'm here, you can answer a question for me if you would be so kind: your tick chart does what it is supposed to...
G'day ESR
Very interested to see your addition of the SMA - good potential for S/R in these areas.
I am curious as to your basis for arriving at the SMA values... I've calculated based on closing price, average of high/low/close, etc, and do not get the exact same figures as you (whereas...
Interesting... I've been looking at constant volume. Why do you prefer constant volume over time-based charts?
When you say that you create your charts fractally, do you use a lower volume during the overnight and higher during the day session, or do you amend during the day depending on the...
Hey Prof,
I'm at the other side of this great country - just south of Perth. Hope you had a great time here and hope you were made to feel at home!
BTW, the support you noted at 955.50 was very solid. I'm curious to know if you picked any of today's S/R levels based on previous trading...
G'day Prof, howyagoin?
One's interpretation of S/R levels is dependent on the timescale of the charts you are watching. The approach being discussed on this thread involves a 1-day chart showing 1-minute bars.
On this basis, xburbx's level of 953.25 (or 953.50 as per his question) acted as...