Search results

  1. L

    Fractal Theory: Redux

    There's a few issues I listed. Here's one for example yesterday morning. Sometimes price moves are clean and you get some reliable EE's, but other times the market just doesn't form full sequences of volume events to EE and you get a mess of failsafes. Automatic entries on every End Effect is...
  2. L

    Fractal Theory: Redux

    Sounds like you're getting pretty comfortable with the RDBMS. A few of us have learned the system in it's entirety but were never able to get a consistent system of execution down based off the End Effects and Modrian Table outputs. The RDBMS was intended to have intra-bar actions and seems to...
  3. L

    fortes fortuna juvat

    https://www.elitetrader.com/et/threads/iterative-refinement.113310/page-900#post-2167410
  4. L

    fortes fortuna juvat

    I forget the exact post but I think these considerations are part of the reason Spyder explicitly said later on that he was trying to move away from the terminology of FTT's. Later on he focused much more exclusively on sequence completion + Signal of Change as an end to trends of his trading...
  5. L

    How Do You Trade Channels for Price Action Traders ?

    I understand where you're coming from. It's good in some cases to try to verify a source of information before you sink time and effort into deciphering what they've presented. I have developed exits and risk metrics as well but a presentation of my system and personal trading methodology...
  6. L

    How Do You Trade Channels for Price Action Traders ?

    @Gotcha The 1220 bar closes outside the Left Trendline on increasing volume [referred to as "In The Zone"]; so the whole trend steepens and ends at the conclusion of that particular spike. There are three equal medium-weight trends which constitute a completed thick-weight trend; we no longer...
  7. L

    How Do You Trade Channels for Price Action Traders ?

    I draw in the channels on multiple levels of resolution as soon as there is sufficient data to do so. Once there are two points to create a right trendline, I clone the RTL and place it on the point of maximum volatility between "P1" and "P3". I adjust my trend-lines as future data forms and...
  8. L

    How Do You Trade Channels for Price Action Traders ?

    Regarding trading channels; it can be quite a vast concept. First off; you're going to need to find some objective procedure for drawing channels as best as you're able. Remove as much subjectivity as possible or you will get nowhere. The most commonly advocated method for beginners is to...
  9. L

    fortes fortuna juvat

    Automating the fastest level of visible gaussians divorced from context is probably doable without much effort. But qualifying the fractal of the gaussians with geometry let alone pace considerations seems like it would be almost impossibly complex; if we're talking about replicating the...
  10. L

    fortes fortuna juvat

    @stepan7 - I may very well have nothing practical for you; I don't clearly understand what you specifically are trying to do and how far you've already gotten. If you're trying to fit together some components of this method into working automation you will have to test and discover what works...
  11. L

    fortes fortuna juvat

    It depends on what you're trying to accomplish. Nearly all of the concepts and annotation procedures can be coded and it looks like you've done so. Price cases can be coded. Trend channels can be coded. Every End Effect has an objective definition and can be coded. Volume suppress can be...
  12. L

    fortes fortuna juvat

    Hi, sorry for the delay. I'll try to contribute my understanding of End Effects. I apologize if the response is redundant at this point. EE's are from Jack's RDBMS system and they are basically a mechanical way to track sentiment change on the fastest visible fractal; close to the price case...
  13. L

    Fractal Theory: Redux

    FWIW it's long been a practice of JH and Spyder to omit overnight hours because of the sharp decrease in liquidity; and "carry-over" the trends from yesterday's close to the next day. Seems like we have the same major trend legs from the 13th. There's quite a few people who have gotten enough...
  14. L

    The Rich Really Are Different Than Average

    Actually, it would just have them taking their talent and wealth elsewhere where they're not harshly penalized for successfully building and controlling great amounts of wealth far better than the rest of us are able to. Laffer said it best, "You can't tax an economy into prosperity." Look...
  15. L

    Paying off mortgage

    Felt inclined to share my 2c if anyone's interested. I was initially baffled that a site of traders has so many opponents of utilizing capital at 3% interest, with tax breaks included! But on second thought it's fairly telling. In order for taking money out at 3% interest rate to be a good...
  16. L

    Why Is The Obvious Not So Obvious?

    I like seeing this thread get new posts every once in a while. I just went and read all of nyse's posts here. Before I only ever read pieces. I'm not 100% sure the obvious for me is the same as the obvious for him. But I've definitely come to believe that there is a similar key insight that...
  17. L

    Is manual day trading dead?

    I have been diagnosed with a mental disorder. I attribute a lot of my success in different areas of life in large part to my persistent interior discord, and the unorthodox way my mind seems to work, at least relative to the rest of society. These particular weaknesses of some mental...
  18. L

    ES vs. NQ

    @Handle123 and @s0mmi , Thanks a lot for taking the time to respond. The information you guys both gave will be very helpful to me for some future considerations. I'm convinced beyond doubt I have a really strong intra-day edge; at least when volatility is half decent. A few more refinements...
  19. L

    Price should take off after you enter

    We'll have to agree to disagree. Oftentimes I find that the thing holding a lot of traders back from substantial success in the market is one or more limiting beliefs. I think your belief that institutions won't allow a high probability, low risk, high reward trade to exist is a severe...
  20. L

    Price should take off after you enter

    Generalizations like that really come down to a function of the metrics an individual uses to analyze the market. On the contrary, my preferred entries are when momentum is completely extended and exhausted in a specific direction, at the moment when majority of volume shifts to the opposite...
Back
Top