Search results

  1. J

    "Price goes to size"

    stock77,erc, AMT and lurefo are making single points about size and price. Tbe more encompasing topic goes back to "tape reading" in those days, we looked at the OP topic more closely since the overall size of markets was much smaller. We understand your point that dealing with the...
  2. J

    Just a kid looking for advice

    Isn't that Boolean Algebra the nuts for handling the independent varibles of the market. Who would have ever thought that it all came down to four gerunds. Didn't we all really luck out because all markets have a limiting granularity. One of those very cool things back in the 50's was...
  3. J

    best series 3 preparation course

    Cut to the chase with a local instructor. Its 2 to 3 days plus materials and homework and you get to review up to date versions of the tests. All credentialing tests are a walk in the park once you get the testing techniques down. Knowledge is not at issue.
  4. J

    "Price goes to size"

    All are good signal generators. The context is usually an annotated Vand P chart. To bridge into the potential future, T&S filles in the V, P chart and also modifies the DOM by netting down the sides of the ladder. The DOM emphasizes the several games played by big money in the hundreds...
  5. J

    Why do people believe day trading will get them rich quick?

    Most people, including the OP, share your desires. There is also the matter of your belief systems. I certainly do not use edges or a collection of edges. Edges are a very popular myth of the Conventional Wisdom. Numerous edges exist and they are intractable as far as going out of...
  6. J

    "Price goes to size"

    This is the simple but fundamental premise of deductive paradigm trading. I agree it is beyond the scope of 777's consideratiion for articulation, BUT, on the otherhand we could flesh it all out as a contribution to people who make money from the viewpoint of knowing how markets work. One...
  7. J

    Predatory Trading System Invented

    It looks like there are trend followers. These followers, according to MB are poor entry pickers in trends that ultimately are profitable trends. MB is going to be a predator (a hummingbird among the geese) in this trend following situation whereby he emphasizes taking advantage of the...
  8. J

    Predatory Trading System Invented

    How long ago is quite clear. This detection of inventions has gone on in most civilizations. In the financial industry, a bunch of guys went looking for specific profiles once they had the capability. Not surprisingly, they fucked it up royally by being overly inclusive. This group...
  9. J

    Fade a trade or not.

    gifropan has finally added the third possibility to his a and b quandry. A P, V chart was posted that illustrates all three possibilities as the market unfolds. As you see nodoji suggests that during a VE followed by a M1 the time to enter is the trough at the end of M! as M2 begins...
  10. J

    "if you want to win money...

    Indicators are usually formulations of streaming data or a specific rule set applied to streaming data. The history of markets, investing and trading are replete with all kinds of indicators. Any display can fit th definition of an indicator. certainly there is also an abundance of...
  11. J

    Fade a trade or not.

    If you look at the OP's initial situation you see he has a lot of "IF's" and "BUT'S". This is normal progression as a trader goes from just observing to thinking about putting money into trading. It can be a very cautious time and he is told this repeatedly by his emotions. Collectively...
  12. J

    Fade a trade or not.

    This is the retrace possibility with the pattern annotation on the illustration.
  13. J

    Fade a trade or not.

    Well good I've slowed down to the pace of the ET delivery system. wouldn't it be neat if ET had a provision for calling markets on an expert level in real time. If you undertand how to monitor anf analyze trends as they form, then you can log the events and annotate the V and P charts...
  14. J

    Fade a trade or not.

    Last chart for bringing us up to date within the two matters the OP brought up. We know there are three matters but he has not reached the market sensitivity to even see the third one, so far in his career. It would be a good idea in the next few illustrations to "ADD" all the context...
  15. J

    Fade a trade or not.

    Next I add the available volume history. you can see a succession of illustrations where ony the context by Nodoji and the OP began the illustrations. In modelling or coding or programming this is called adding "degrees of freedom". this term, degrees of freedom, is an information...
  16. J

    Fade a trade or not.

    chart 3 with trend lines. I have to space out these charts since ET have a spacing between posts requirement.
  17. J

    Fade a trade or not.

    The next four charts will fill in some additiional history known to market watchers at the time of the OP's quandry. chart 2 with trend lines and chart 3 with trend lines opens up the inference (posible long trem memory) available to all traders. Annotating trends is what adds this...
  18. J

    Fade a trade or not.

    To cover the other location set of A and C. See the attached chart. Time moves from left to right in all panes as usual. One thing is for sure. All the points HAVE occurred prior to the OP's dilemma. The panel below the price chart could have also been running if the trader so...
  19. J

    Fade a trade or not.

    Here I place A and C to set up the retrace condition of path 1. you also see another half of a normal display chart has appeared. Enjoy.
  20. J

    Fade a trade or not.

    Of course it is. Path 1 is the technical path and path 2 is the trader's mind repair path. I put in B as a point where the countertrend began. It is either point 2 or and FTT. Nodoji points out what could happen if it is point 2 or if it is the FTT. By adding two prior points to...
Back
Top