Search results

Me too, but that is what Point 3s were invented for. Fractals: self-similar all the way down. P1

Actually my disdain for prediction was drummed into me by previous experience (that I don't talk about here) and from the writings and musings of Ed Seykota, among others. I supported your one-sided motion for debate, but you draw the wrong conclusion about which side I would argue...

I agree making predictions is silly. That's why there is no prediction involved in this method. All you have to do is notice that change is afoot, press the button and hold until the next change (on your monitoring and skill level). We don't predict how long the move will last, how far...

Adapt this for the volume pane: http://elitetrader.com/vb/showthread.php?s=&postid=1328899&highlight=horizontal#post1328899

Hey PTR, great to hear from you again! I'm not sure I can trust you, actually. Sorry. What is expectancy exactly? How is it determined? How does it help? (Clearly it does not otherwise there would be no unexpected losers, right?) Honestly, all this pseudo-science quackery of...

Please read the following from Inner Skiing by W. Timothy Gallwey and Robert Kriegel, I find it useful:

You misquoted, its liquidity not volatility. Nothing in the history of the planet has ever been as deep and liquid as the ES. It is just incredible. Look up the volume numbers from its inception. Long may it continue. However, the DAX is also sufficiently liquid and deep for us but I...

What's this? Intelligent and considered posts from rwo? Apologies for calling you dim before. :p These risk protection models don't seem to be based in reality. It's those macro-quants again...

Once again you deliver the goods in plain language. You are an exceptionally gifted teacher and I'm sure you derive great satisfaction from that. P1

Indeed. I don't go into the Chat much but one time a month or so ago I recall Batterup/BigHog announcing a trade and his 3 pt stop. I was busy annotating and saw a change (an ftt). Batter was on the wrong side. He just sat there and announced when his stop was hit. Spyder commiserated with...

You compare me to a minnow here, a sparrow splashing around in another thread...my! this should be called the Psych-out forum, not psychology. If I am so insignificant why do I bother you so much? You are an order of magnitude out in terms of my significance (you over-estimate). I've done...

I want to be careful in my wording here: volume does not really have a color, price bars do. Volume is volume - long and short is matched in every trade, obviously. The important thing is at some point in the bar, when the selling had slowed, the supply of longs was starting to be...

WTF?! I was merely pointing out that losers are physically crushed (as well as emotionally) despite having done no more physical work than the winners. Wasn't meant to be deep, just a tangentially relevant observation with obvious parallels in trading. Your 'importance of losing' - do...

I call these reversal bars: it dips down, does the FTT, pace pauses if you are lucky and then PRV increases as it begins the reverse (red becomes black). I color code bars that do this in real time so I get a heads up. From my limited experience they are 'reliable'. Hope that helps and...

If you've ever seen the Oxford and Cambridge boat race and contrasted the energy levels of the 2 crews at the end you will understand the importance of winning at every level. Similar physical effort, different efficiency, different result(!), massively different psychological and...

What does P/E tell you? Answering that for yourself may help.

No, no, no! Irony doesn't work here. You need to get personal and nasty. What happened to you, Dude? Why are you so well balanced and cheerful? :D

The 11:15 FTT 11:20 Pt1 confirmed 11:50 R2R 12:10 Pt 3 was a super PV sequence. Hold until 13:30 or 14:15 for about 15 points. ES was a lot smoother than the DAX over the same period (HVS and fanning to deal with in Europe) but the change signals happen in exactly the same bar...

At some point there is a change in sentiment and conventional wisdom becomes outdated superstition as the new modus takes over. Think about it. Probability: more things could happen than do happen. So lets assign some ratios to these outcomes, based on what exactly... I prefer to focus...

We are gathering data sets that lead to a conclusion: continuation or change. During the monitoring and analysis (MA) phase you have to also ask What Wasn't That (WWT)? On my recent NK chart I annotated it with exactly the phrases you use (More like B2B / WWT - not B2B etc.). The potential...