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.
Do Trendlines work?
- Thread starter duard
- Start date
Quote from makosgu:
As usual, last to turn in the test. I was always and usually the last to finish my exam. Funny how many times I was the one to screw up the curve. Previous semester was no different in my stats class...
Back to the topic at hand...
My convention is to use quadrants for the four combinations of first derivatives. From the compass or base 10 algebra, i use the 4th uqadrant for both derivatives being positive. You can get colored illustrations of the layout in the form of a Jokari window that is used for couples therapy.
Fill in the words buy, hold and sell for the quadrants Assume a long trade path and a short trade path. that will show you a complete cycle of price movement.
I added another level within each of the four cells and I added an encoding legend for the detailed path when position trading equities. sheets of those with the 16 cells at the bottom are posted in MSN somewhere.
So this allows a person to graph the cycle and pick off the tops and bottoms of cycles as an orderly flow of market operating points in a trading cycle.
If you return to the trendline channel formation process, you see projecting trendlines is no different from noting a consistent V, P pattern on the 16 cell chart.
This all eliminates the myth that trendline channels are drawn after the fact. They are drawn when the minimum information is available to draw them.
Fortuitously, trendline channels overlap. and the timing of the beginning of the overlap is shown on the V, P 16 cell display route map.
For anyone and especially for fifth graders plotting equities from EOD data in newspapars as homework, it is an enterprising effort to draw channels as they become available in the overlap of a new channel in the old channel.
The left channel line is where a new channel begins and is also the beginning of the long diagonal of the upcoming parallelogram.
We see the dilemma that Maestro has been living with right off. It is major. He cannot draw trendline channels for trading purposes because he has no paper (screen space) upon which to draw them. if you have discussed trendlines with anyone live and sitting with you watching a screen, most of those people are like Maestro. they are looking at screen where there is a bar forming on the extreme right side of the screen. They do not use screens that show the future.
My screen shows the future at all times on all displays of anything which soever. After all I am only interested in the future from the viewpoint of now. It is a tough transition to remove the past to make way for the future.
the most important thing a person can do is set defults so the forming bar never appears on the right side of the screen. Consider software folks and how they help support the financial industry. So far they can't see that anyone doing annotations is primarily wanting to scope and bound the future to the same extent of the near past. The symmetry of NOW slowly comes into the picture for the minds of traders.
How can Maestro deal with his major problem of monitoring? It would be neat to set up a thread to list and discuss all the similar problems like this one that people inflict upon themselves as a consequence of not getting past the screw ups of software makers and sellers.
So at least by looking at a V, P matrix, e get to see the regularity of the future and that we have to reset all of our defaults on about everything to get to "see" the future where we will be taking profits and renetering to make more money. Isn't it funny, even the trading platforms are all affliceted the same way.
In ET, we do not often get to see a wake up call. this is the "default" wake up call. Get the forming bar in the middle of your screen. Getting it over there will also help you get on the trading fractal. The only way to keep that "history" on there and not squeese it off the other side is to go to a slower fractal.. Okay I suggested that to Maestro already. What we are doing is getting Maestro to not have the screeming meemies about NOW and what is immediately coming up next. we want to be easing on down the road and not getting out too early in a trade....lol
It is the "I got out too early" snyndrom caused simply by not having room to make money on the display. This chicken and egg is mostly new to ET. By jamming the forming bar up against the right side and not HAVING A PROJECTION OF THE LEFT LINE HALF WAY ACROSS THE SCREEN
Quote from Grob109:
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I want you to think. you see that sins are sufficient and you see that I slipped in the null cases. A 3x3 becomes a 2x2 when you cross the derivatives and let the null case become a boundary.
You KNOW there is a periodicity ratio between V and P and you KNOW from periodic functions where money making cycles are involved that the ratio of Vis 2:1.
Therefore, you KNOW the path through the four quadrants is a form that demonstrates the crossing of periodic functions in ratios. This applied mathematical topic is _________*patterns. Fill in the blank...
http://www.egr.msu.edu/classes/ece482/Teams/99spr/design2/web/resources/lissajous/lissajous.htm
Seventh pic down...
"In this case the x axis frequency is twice the y axis frequency."
You responded to Wallace... it was not in this thraead...
Actually I did. The decision was the primarly theme
The deal is to go from a descreet set of mileposts to a continuous process and look for "change". The sweep perview.
I felt that we had to go through a lot to get to the base line and start to build. Personally, I wish that I were more able to hook up with others by knowing where they are. But now I am getting to working, personally, on just laying it out.