Search results

What is an expert trader going to do with these first four bars? See the comments. You are a beginner and your objective is to get into the market because that ius a requirement to make money. You did get in today and you entered based on your logging notes after you annotated...

I am having trouble putting you log into Paint to annotate it. So, I am going to work from your annotated chart and see if I can reason through with you how the day began. If you have mandel on ignore, take him off so you can read his combo of a plea and his current level of phishing...

As a restart for bootcamp in terms of trading, the debriefing will focus on bean counting first. Review the Action (righthand side of the logs in order and add a contract every time the cummulative points reaches a number that is 40 points greater (let 2,000 dollars represent 1 contract...

I'm caught up since my last post. I think you did a great job in the discoveries you are going through today. At this point we have 10 days to work with. For any trading method, the crucial element is "knowing that you know" as the current bar is forming or completed. The convention...

For making money you trade on an FTT and you hold on a BO. The FTT has a voume peak and a BO has a volume trough. the rows that you will be starting to do will have the volume followed by the Price on a row. At some point to make 175 points like today, you NEED to be able to fill in a...

This volume chart is repaired. At the open you had to stay in WAIT until you got a dominant to begin. See past comments. Why not take advantage of the comments and annotate accordingly? Financially learning to do this is important. This was a 175 point per contract day for example...

my chart did not stick <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2128409 width=800>

Here is a simple logic chart showing the cases for OR and AND circuits. I did three inputs because later we will get into combos of these and up to 7 inputs will be used. If you want to know why most programmers cannot code script or ATS's this is the reason. They cannot take notes as the...

Thanks for the two Q's. The FTT that occurred in the intial read channel of the day signals the beginner to go long. He does. His efforts at logging and annotating have some elements that have introduced the fact that the day is TRENDING. He is now long and keeping his eyes peeled...

Please do a Wait chart since it fell off the other one.

I added columns to make it easier to "see" the order of consideration for using the PV relationship. Also I feel that some important things have fallen into the cracks as you focus on posting your logs: Peaks in volume. If you want to join lines, you NEED to differentiate between an AND...

Here's the deal. If you are able post pairs of illustrations. Serially is fine because it make it ease to see the annotations and the log as pairs for segments of the day. Today's chart starts with bar painted black after an O >C. Black bars occur and you annotate with a RED falling...

Please note that the R2R and B2B are missing. I'm not putting them in for you; you MUST think critically about how to put these in. If you misplace one thing somewhere, there are consequences. you must always pick up the pieces of a mistake or ommission and find out where and how and why it...

This is bootcamp. We reverse on the MODE being Change whose symbol is X. The symbol in MODE for R2R is C and the D column is H. The symbol in MODE for B2B is C and the D column is H. If you put something in the wrong place, then there are consequences and the consequences are...

Here is an annotated version that covers the bases a little more. You can fill in the Wait D column inputs at the bottom. All of this applies to channels ONLY. The volume Gaussians are ONLY channel related Gaussians. I did the chart according to the critical thinking used in Applying...

Hows many bars late are the ones I crossed out? I corrected your symbol errors on these previously. Look at the corrections I made on those two symbols. In boot camp we are building on the 100% accurate foundation. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2127866...

I made more annotations across the bottom to deal with precursors of gold circle and during the gold circle. I am only working in a boot camp beginner modus at this point. Soon we will have all charts annotated and their respective logs. At that time we will be trading as advanced...

Our vocabulary posts overlapped. we are now at a point where the foundation for beginner trading is set. Drills build the mind. As you suggest you will be current on this by the next trading day. As you do the days by annotating and logging, add contracts as your profits indicate...

I put some notes up above and corrected for accuracy some of your definitions. You can see that you ommitted half of the volume symbols we NEED and you added five that I did not suggest. Boot camp is tough because it begins with getting a foundation straight. If a person does not have a...

Here is a critique of your annotated post