Search results

There is no risk of the cross eurgbp- it's a fully hedged position. That said, the mispricing will VERY rarely exceed the spread and/or transaction prices. Otherwise it would be free money.

Does this explain why bar 57 today could be considered an FTT and point 1 for a new channel even though it was not an FTT? side note: I also found it very interesting how the longer term orange channel at the top of my chart stopped the morning advance.

Leaving early today- off to do some skiing in Breckenridge for the long weekend. Be back trading next Wed. Here's today so far. For the people with Q's about R2R etc, there were a few clear examples today that I marked on the chart. I wish everyday was as easy for me to read as today.

Here's mine. I got called out of my office around 2:45 est, so nothing after that time. I was a little confused at the end of the day as well. I'm becoming more impressed w/ volume each day as well. I can clearly see Mak's gas pedal analogy. I'm also starting to move through the day with a...

Early part of the day I felt I was reading pretty well, but thoroughly confused by volume from about 2pm on...

Mak- thanks for the bar-by-bar. That is very helpful. One quick Q for you. You stated earlier that you were more strict in your channel drawing. Could you expand on that a little? I'm assuming you mean that you don't consider a channel valid unless volume formations agree. accurate? Thanks.

Here's mine for today. The green channel was carried over from yesterday and the orange down channel is a longer term down channel starting on 1/3/07. Volume made a little more sense to me today, but it was still more in retrospect than in real-time. BM- our charts are looking pretty...

Morning gaussians... notice the B2B

On a side note, lately I feel like I'm in bizzarro ET where jack is held in high regard and threads about him and his ideas can proceed in a civilized manner. Hypo must be on vacation or something? I guess there's still gerry...

I'm participating in spyder's futures thread and I believe that Jack's ideas and insights have merit. Jack aside, price and volume ARE intimately related. volume drives price in any market. Exchanges exist to transact business and price will seek the level at which the most business can be...

Today's chart. So I made my first volume assisted identification in real time. The first circled area I identified as a flaw instead of an FTT based on the decline in volume after the volatility expansion, and the second as an FTT based on the increasing black volume as price rose. Is this...

And how do you deal with NYSE not opening all at once? I've never put much thought into computation of dow cash index. Is it calculated with yest. close for anything not open yet?

snip... I understand how an FTT makes a logical point one, but does a point one have to be an FTT? If we get a bar that extends fully to the LTL or even expands the channel and then prices reverse, can that be a valid point 1, or should the new RTL be drawn from the following bar that failed...

Today's take... volume isn't really speaking to me yet, but keeping my ears open.

Hi all, I've been following spyder and jack for some time now, and this seems like an opportune time to jump in and get started with some of this. I have a little IRA acct just sitting at IB that I don't really touch- so let's see if I can put it to good use here. Right now I'm just working...