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So I got some pretty solid work done this weekend. I got my data sets running for the ETFs I'm tracking. For each ETF I have a sub-spreadsheet with the components of that ETF. For some of the ones with a lot of components I limited it to the ones that make up >1% of the fund. It looks like...

I have probably made it obvious already that I tend to jump around a lot in my ideas and plans. That's just how I am. Having said that...I'm working right now on building some different data sets IE taking an ETF like GDX and making a list of the stocks that compose it at least to a certain %...

I got pretty busy last week but made a few changes... Still holding SLV calls. My numbers kept improving and the value of the calls was so small it didn't really make sense to sell them. We'll see if the recovery has anything behind it next week. Also holding NQ short. I really think we...

So this is a little outside my normal trades, but it looks like a great opportunity and I happen to be up early today. Adding short NQ here at 5787.

Equities, I hate to say this but I think the short term top could be in. Long term who knows...but I would look to any nearterm rally as a pullback in a bear move rather than a push to a new high. A safer trade could be long YM short ES than an outright short. I have had 5 and 10 yr weak...

I closed EUR/USD with a profit and USD/JPY long with a small loss. I'm seeing bullish continuation for USD so keeping the USD exposure vs CAD, NZD, and AUD. I'm seeing JPY strength so I'm adding some long Yen vs AUD and NZD tonight. I loled today when I realized I made a silly mistake with...

You could generate monthly, quarterly levels but you can't generate NLs. If you want NLs without putting in the effort your only option is to subscribe to MF's service http://www.mbfcc.com/trialsubscription.html

Why would the market fill a gap that doesn't exist in spot market? I don't care, no position, just curious your reasoning.

No changes to my output or positions today. I'm doing some major reorganization and refocus right now. I tend to go on tangents and get too ambitious when working on anything I am really into. I've been expanding my analysis to include over 1500 symbols. I realized it is silly. It has...

Its safe to say that the momentum is shifting to short yen and long USD, so I am changing my positions tonight long USD against: CAD, NZD, AUD. I was off work today and got short EUR/USD early in the day, holding that. I definitely misread the currencies last week. I've realized I have a...

I hate to quote myself, but I think I answered this question, at least for me. I've been doing a decent job of being on the right side of the market using NLs. The part I have been missing is getting generally good prices for my trades. I've written some script since posting that question to...

I think we are using similiar derivatives because I saw the short signal on NZDJPY too. I don't know if you track currency futures too but I like to follow them and see agreement or at least neutrality before I take a trade on a cross. In this case I ruled it out because I saw a buy on the 6N...

I'm sure elliot wave will make a comeback soon.

This is very close to my mentality. It is easy to get lost in a sea of NLs and price levels and think there is some secret to be found, but in reality the best we can do is try and discern what big money is doing. Even if we do manage to do that, it doesn't mean they are right lol. ACD is...

This shows a little better my current idea I'm exploring. That last pic had tight levels from a weekly setting this reflects better the monthly levels, and the brighter colors would be around where it seems you might be looking for a reversion trade.

That's really what I am trying to figure out. So far the most promising concepts I have found are using it as a screen to look for mean reversion trades. For trend and momentum following, from what I have see good trades start from anywhere in relation to the levels. I'm going to keep...

This right here is the most useful thing I have come up with. It is the % above or below the level a product closes at. It highlights for me especially the reversals, but the NLs seem to do it better so I'm not really using it for much right now.

I'm curious if anyone here can enlighten me on how to use weekly, monthly, quarterly levels. I'm getting huge value out of number lines but in spite of tons of testing and analysis I have yet to find a use for the levels. I have tested failures, breakouts, sorting products by % above and below...

Its like when I played poker for a living. Every week you had to pull money out or you risk getting stuck when the site goes under. Its not a matter of if, but when. But profitable if you stay on it.

I like the MSFT long I think you could be on the wrong side of M but hope it works out for you. For sectors here is what I have right now top to bottom: TLT LQD SPY XLY BKLN JNK XRT QQQ XLU GDXJ XLI XLV XLP IYR VNQ XLK GDX HYG IWM XLE OIH XLB XLF AMLP IYZ XME KRE XOP