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  1. J

    Do Trendlines work?

    Duard. Not one of my patterns, but I get it. Since I cannot read the tape for shit, I have several different visualizations of it to see those cases. One of my favorites is watching price and volume action in a floor rotation after a significant and "obvious" move. How delicious it is to see...
  2. J

    Effect of automated trading on Markets

    The joy of scalping is that there is always a trend in SOME timeframe. The only question is "How LOW, can you GO?".
  3. J

    Do Trendlines work?

    That is an interesting way to look at it. I would have disagreed on first principles, but the reality is that when volume is screaming, it's mostly popping off in one direction. However, I am interested in anomalous situations where there is direction but no price change, little or no direction...
  4. J

    Do Trendlines work?

    At the bid or at the ask. In Jackology all volume is created equal.
  5. J

    Intraday Volatility

    Oh. You were referring to a SHAVE. I guess that's a really close scalp.
  6. J

    Intraday Volatility

    Fat chance. Since market order traders are net losers to limit order traders by more than a tick before commission, the incentive is to make the tick as high as the trading public will endure.
  7. J

    Intraday Volatility

    Have to learn to scalp inside a tick!
  8. J

    Newbie questions on Profits in trading Emini NASDAQ

    OMG! A lamb to the slaughter!
  9. J

    Do Trendlines work?

    Reiehaxm. It is not a carrot. It is a PICTURE of a carrot.
  10. J

    Do Trendlines work?

    Oh, my! Such passion! The thought of you unable to sleep because you were thinking of me is intoxicating. I shall never give up Merchant because he excites you so! For your information, he is the LEAST insane of us all, and the best trader. Mostly because he studied Jack diligently, learned...
  11. J

    Do Trendlines work?

    Ah, a true believer. Too bad Eric Hoffer never met you. Or you never read him. I have made numerous valuable and not so valuable contributions here under many guises. I gave away a perfect working scalp for the benefit of all of those with the balls to play it and the ego small enough to take...
  12. J

    Do Trendlines work?

    And BTW, Jack, I told you once before that your single quadrant model is flawed. When the direction reverses, you need a SECOND DIFFERENT quad to describe it. Not that either is correct. I'm outa here. Left my waders at home.
  13. J

    Do Trendlines work?

    One of my favorite posters here, Emil Kraepelin, said it better than I could. If you can't trust Jack to get the little shit right, how can you trust him on the big stuff? It's not "JoKari matrix", it's "JoHari window"...
  14. J

    Does Volume precede price?

    Of course I am quite mad, but I find it more helpful in quick cowardly scalps to see exactly where the market is, as opposed to the last tick. The tick may be firing off at the same price as before, but that price now represents the bid whereas before it was the ask, and vice versa. A delusion...
  15. J

    Which instruments should I be watching?

    I second oil. Especially when the market isn't responding to it.
  16. J

    Do Trendlines work?

    Jack. There are many ways to get one's sustenance other than hunting or gleaning. Trapping, fr'instance, which I consider counter-intuitive oil trades to be. Or fishing, isn't that what inside market movement is all about? Or how about just plain old theft? Mike.
  17. J

    Does Volume precede price?

    Second pane from the bottom, the aqua and red lines. I blew up the time scale to make it clearer. This is after hours NQ tonight, so the spread is wider than a tick at a couple of points. It's totally trivial, a few lines of code to draw the bid in red and the ask in aqua. I find it more...
  18. J

    Does Volume precede price?

    I rarely attempt to explain what I see. It just is. Every setup I take (apologies to Jack) has a simple empirical (and often illogical) description. Often the only way they make sense is if they are elements of a manipulation. I don't watch DOM (it's useless IMO), but I do chart the inside...
  19. J

    Do Trendlines work?

    Jack. With all due respect, I must add to hunting and gleaning the nutritious activity of carrion eating. THAT's how I like to trade. I am too lazy to kill it or reach up to pick it. I think that, like dogs, some traders are coprophages, which is another noble gustatory activity. And don't...
  20. J

    Do Trendlines work?

    So there wasn't REALLY an 80 page file posted? Thanks for upgrading me from B-Team to advanced beginner. Since I am not yet retire-ded I only have time to daytrade occasionally, and then it's only for pure pleasure and to keep my algorithms tuned for retirement (or unemployment). I have the...
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