For some reason ET says a post was made but it doesn't appear.
Sorry that homework sheets 2 and 3 didn't make it.
Here is another try at sheet 2.
Sorry that homework sheets 2 and 3 didn't make it.
Here is another try at sheet 2.
Beginner analysis (local market)
- Thread starter Aziz
- Start date
..
maybe you can print the ovr all sheet and put in the slowest fractal points on that sheet.
the future moves are noted on sheet 4. You could replace it with a clean sheet and move the scale over past where the end of the long slow fractal will be ending.
The OP thinks short trading is not done on this index (TASI).
If this is a fact then the exchange will be frozen shortly or only instrument holders can exit from their longs to slowly collapse the exchange.
In a more general manner the holding of upsidedown instruments of debt instruments is going to be more common for a while. This is seen in several ways in the US presently.
In engineering terms this is a feedback loop function. Some loops are positive; others are negative.
The US is set up with negative feedback loops in the banking industry.
The Saudi TASI could also be set up as a negative feedback loop if short tradingis not allowed.
you can compare US and Saudi by looking at the days around early MAY.
The Saudi market failed the first time beginning 04MAY10 and the US market got a taste of negative feedback for a while on 06MAY10.
The US economy got its first taste of market failure in JUN06. Consult the collapse of the operation of debt payment in the banking industry. Prior to this period there was arange of performance and performance oscillated in that range. In JUN06 the range was violated by an accelerating uncoupled non performance.
As markets fail it is interesting to see which players do or do not meet thier responsibilities. In the US this is happening as a succession as more and more player sgments fail to meet their reponsibilities.
All of this is fun to watch if you are not affected. To continue to have immunity will take more and more savvy.
TASI is an interesting market in this respect.
Bolivia will be an opposite example since it is bigger than Saudi in terms of resource recovery for the future. Lithium extraction will replace oil extraction but on a large value scale.
the future moves are noted on sheet 4. You could replace it with a clean sheet and move the scale over past where the end of the long slow fractal will be ending.
The OP thinks short trading is not done on this index (TASI).
If this is a fact then the exchange will be frozen shortly or only instrument holders can exit from their longs to slowly collapse the exchange.
In a more general manner the holding of upsidedown instruments of debt instruments is going to be more common for a while. This is seen in several ways in the US presently.
In engineering terms this is a feedback loop function. Some loops are positive; others are negative.
The US is set up with negative feedback loops in the banking industry.
The Saudi TASI could also be set up as a negative feedback loop if short tradingis not allowed.
you can compare US and Saudi by looking at the days around early MAY.
The Saudi market failed the first time beginning 04MAY10 and the US market got a taste of negative feedback for a while on 06MAY10.
The US economy got its first taste of market failure in JUN06. Consult the collapse of the operation of debt payment in the banking industry. Prior to this period there was arange of performance and performance oscillated in that range. In JUN06 the range was violated by an accelerating uncoupled non performance.
As markets fail it is interesting to see which players do or do not meet thier responsibilities. In the US this is happening as a succession as more and more player sgments fail to meet their reponsibilities.
All of this is fun to watch if you are not affected. To continue to have immunity will take more and more savvy.
TASI is an interesting market in this respect.
Bolivia will be an opposite example since it is bigger than Saudi in terms of resource recovery for the future. Lithium extraction will replace oil extraction but on a large value scale.
Here is the "failure preventer all completed for the first 8 moves on homework sheet 1.
you can see how the book mark feature shows the failure during move 2 after the long ftt completed.
This crushed move 1 and move 2 and caused a restart of the short at the point labelled new ftt.
This is a fairly graphic example of how the tradrs who are dedicated to PA up/down type thinking get their balls handed to them.
fro the first long on homework sheet2 several things happened as the dominance of the market grw stronger.
See attached.
Here is the second trend (short) on homework sheet 2.
Now you can go to work with the charts and the failure preventer and a log on three nested fractals.
Of course, at first this is difficult because it is new to you and you may be having to switch from up/down to triads.
you also get thrown a curve when the market DOMINACE gets stronger.
What is it like to be able to get the dominance fromdrawing a Right trend Line?
What is it like if all the dominos fall in place for you are you can begin to do HOLD/ REVERSAL trading.
You can pick out and ship you want, any car you want, any residence you want.
A person doing this is a beginner for about two weeks.
It takes 30 points on one contract to go to two contracts.
with two contracts you trade 15 points of profit to add a contract.
Now you have three contracts and 10 points later you add a fourth contract.
With four contracts ittakes 8 poionts of profit to add the fifth contract.
At 5 contracts you sit for a while and do the point to point contracts until you have another 25,000 dollars in your account.
then add 5 more contracts so that trading and having 4 points on a turn is another 2,000 dollars added to your account. you can do 10 4point trades a day to total 20,000 a day net profits.
At the end of the day you have filled in 5 failure preventer sheest when you put two trends on each sheet. Use extra sheets if you have a ve in the am or pm. Seven sheets is 20,000 dollars. This is a bargain for anyone who started with 1 contract three weeks before.
Of course, at first this is difficult because it is new to you and you may be having to switch from up/down to triads.
you also get thrown a curve when the market DOMINACE gets stronger.
What is it like to be able to get the dominance fromdrawing a Right trend Line?
What is it like if all the dominos fall in place for you are you can begin to do HOLD/ REVERSAL trading.
You can pick out and ship you want, any car you want, any residence you want.
A person doing this is a beginner for about two weeks.
It takes 30 points on one contract to go to two contracts.
with two contracts you trade 15 points of profit to add a contract.
Now you have three contracts and 10 points later you add a fourth contract.
With four contracts ittakes 8 poionts of profit to add the fifth contract.
At 5 contracts you sit for a while and do the point to point contracts until you have another 25,000 dollars in your account.
then add 5 more contracts so that trading and having 4 points on a turn is another 2,000 dollars added to your account. you can do 10 4point trades a day to total 20,000 a day net profits.
At the end of the day you have filled in 5 failure preventer sheest when you put two trends on each sheet. Use extra sheets if you have a ve in the am or pm. Seven sheets is 20,000 dollars. This is a bargain for anyone who started with 1 contract three weeks before.
Quote from deadbroke:
Good for you.
And you held your positions since May 2010 without trading in and out?
Please post a 60-min. chart of the Index from July 21, 2010 low.
From the data you sent me I hope you've noticed that the Index hit the 200-day mov. avg and backed down? And that there are long-term ma downside crosses.?
Aziz,
are you still alive?
your index has crashed down to the trendline shown in my chart on higher volume.
Hope you got out in time.