Amazing
- Thread starter stock777
- Start date
Here is my chart for yesterday
Here are some details as to how the day opened for me.
1. Did the degapping
2. when OB of bar 1 went long that was the trade.
3. VE on bar 2 kept me long. Have to annotate the container.
4. Looking at Volume for increasing to keep holding.
5. day is proceeding; bar 3 is not getting to LTL.
6. Nice bar 6 is volume and price resume. The accelerated container is in charge.
7. Looking around at things.
I put the lid on the run and typed as house keeping at that point. Bar 4 and five gave me the pt 1, 2, and 3 for annotating the observable on the short. Bar 6 headed downhill nicely, meaning it was going down only. Third NON DOM bar and inside container.
See the green line that came over and punched bar 7? This is an indicator to me about stuff regarding "longness" at the time. The VE occupied me from the moment it began. I want to accelerate and there is no means. Fine, check that job off. Now think about what is next.
Okay end of bar go for M1 and M2 so I can pick up the pt3 and then the ftt after I get the pt 2 to show up as the last VE. Sym>>> FBP with appropriate volume. This short is going to get the ATR pretty well out of the way. Bar 18 shifts the pace so it will be around then that the ATR is cooked into place.
If I am working on pt 2 I cant get pt 3 or FTT right now. The work on pt 2 is M1 and M2.
That is how it went in my mind. I don't do gap filling and the CW, etc.... I do see those guys fidling with their moments, though.
You can see I put up the stuff so I can draw arrows as the market then does what is in the order of events. I drag the stuff to convenient places for popping in the arrows. If you see an extra arrow I just duidn't delete it after I punched something unexpected.
I had a lot of notes for the middle there and I was a little moody when we left pt 3 on that red pattern. I said "holy Sh*t, this container was made to be VE'ed". I "almost" posted in ET...LOL... When you smell "cascading"; it is a sweet thing. Its like a 2 iron approach on the desert.....lol. The ball is going to roll all the way to the hole after flying through a very narrow container. I use schedule 40 to keep my score down.
So do two things. Talk out loud and annotate what you say and what is coming up next. Draw the little red arrows to where it will be. I put my hand on the left mouse from time to time. When that crosses my mind to do, I find I go and steer and focus on the "fine" panes of the sweep chart 9 tables. I like watching all those rows pop into the trading platform log. All the CW guys helping me finish a leg and start another. Two bursts of partial fills.
Here's today's chart. Lightweight version.
Friday's for me, are a little different.
I am not good at money because it is always available.
The short cascading on the A Pace set the ATR. I actually turned on a TV for a moment.
That non accelerated last short I show as two VE's. There were OB's frequently as we came into the low stuff. The last OB was inside the accelerated container so you can use it as an FTT. I did the annotations conservatively and then moved pt 1 over later after the VE.
Bars 25 and 28 interested me. the volume was "unusual" a lot od peole are getting faked out these days.
Friday's for me, are a little different.
I am not good at money because it is always available.
The short cascading on the A Pace set the ATR. I actually turned on a TV for a moment.
That non accelerated last short I show as two VE's. There were OB's frequently as we came into the low stuff. The last OB was inside the accelerated container so you can use it as an FTT. I did the annotations conservatively and then moved pt 1 over later after the VE.
Bars 25 and 28 interested me. the volume was "unusual" a lot od peole are getting faked out these days.
Thanks Jack. I am still puzzled as to why I didn't get an m1 m2 after the VE at bar 2. I have studied many charts and it appears that a close outside the LTL doesn't always result in an m1 m2.
Am I correct in thinking that the m1 m2 on your chart at bars 8 and 9 corresponds to the VE of the skinny LTL at bar 7?
Quote from Sisboombah:
Charts charts and no trades as ever Jack
Here are a few.
When first posted they were calls, since they were not to occur for 24 hours.
http://www.elitetrader.com/vb/attachment.php?s=&postid=2642964
So far 487 people have who have looked at them have not complained. 5 did complain. You will notice there are two orders of magnitude difference in this data.
The vertical height above the water of those icebergs you posted was over 200 feed. Their total horizontal areas at the time of calving was 6180 sq miles.
You left an "l" out of your name, I see.
Jack,
Thanks for posting your annotated chart for 12/3. It was helpful to read your explanation of how you handled the CP4 incident (your boxes "1." and "2.").
I have a question about your "accelerated FTT" which occurred on bar 4 of the day. Even if I shift for the opening gap, bar 2 VEs the thin blue goat which began the previous day (at the far left of your chart), and it closes "in the zone." If I understand correctly, we should normally anticipate an M1 and M2 to follow such a VE. But in this case no M1 or M2 was built, so I'm trying to discover the relevant context which eliminates the need for M1 and M2 in this specific instance. If you don't mind, I'd appreciate any help you can offer towards that end.
... one obvious mistake some people do is that they don't do real-time analysis (i.e. uncovering one bar at a time), but they look at the whole chart doing after the fact analysis. This makes them add information unknown in real-time, ignore information important in real-time, hence draw incorrect conclusions after the fact ... 