DOM ACV and bid/ask WALL used tgether

[Billybob543]

Quote from jack hershey:

The most intensive part of gov't controls comes through the restrictions on form 1023.

There are three levels of consideration:

1. The employees are untrained and cannot either make decisions or understand.

2. The bureaucracy is broken from an administrative point of view. Two results occur: a great deal can be decided in the favor of the independent person through the gov't being stupid. Unreasonable decisions are made through ignorance of consequences.

3. Information and its handling is really screwed up and no one is aware of what isn't happening. There is a gold mine available and no one knows what is being removed.

So workarounds are needed and the path is fairly clear on this. At this point the legislative branch is able to instruct the executive branch on their performance failures and get those who are screwing up corrected and/or out of the system.

Another fortunate thing has occurred: technological advances outpace government performance or reaction time.

My assumption on your posts is that you are totally screwed up all of the time.

WTF ????

Jack,

Would you....once in your life...stop with your useless 10 page diatribes....no one has the time or inclination to read your ramblings. Quit wasting pages!!!!!

 

[jonnyy40]

Also:It wasn't me who used 10,000 people for 5 years. I suggest you look at yourself in the mirror before making comments about other people.

 

[Ezzy]

Quote from jack hershey:

On red duke 2 you can see the long ensuing that followed the short of the first chart.

The screen shots were before and after the turn. What happened during the turn? The market went down another point after it hit the wall on the bid.

Were orders pulled or was the T&S going off (lots of large orders hitting)? There was no T&S screen shot to view.

The wall was pretty thick all the way to 1047, where the market finally stopped. Did the ACV on the bid even figure in to your analysis?

 

[RedDuke]

Hi Jack,

Would love to meet you in person as well one of these days. If you ever go to NYC let me know.

I am in the camp of most on ET who find your posts not easy to digest. While I understand some of your ideas many are beyond my comprehension.

What would be very helpful to a lot of people is a video. Just record one of your trading days and have a microphone along side that day so that you can describe what is happening. This should not destruct you from trading too much.

A picture is worth a thousand words.

If you need help in setting up software I can help. Then we can host the video for all to see.

Regards,
redduke

 

[brownsfan019]

Quote from RedDuke:



A picture is worth a thousand words.

Very much so - hence the reason I asked if you could post some actual trade setups that you take using the ACV/Wall idea.

 

[jack hershey]

Quote from Ezzy:

The screen shots were before and after the turn. What happened during the turn? The market went down another point after it hit the wall on the bid.

The red duke 2 was intended to show the bottom of the short and how the ask wall keeps moving away from the bottom. So does the bid wall.

The yellow on the OTR chart shows the symmetric two bar case. On the first chart, you can see the wall is at the bottom of the short and price can move no further short. A reversal is called at that time. You see the red volume coming to an end as the turn is carved.

By the time of the red duke 2 pic, the long is under way and the smart money sentiment is well after its peak. that is, the herd is coming into the long after the short bottom occurred.

some people use stops; others do not. After the reversal on the bottom of the short, the bid wall begins to trail the price as it moves upward. In other words their is no chance of the current long trade going upside down. The ask wall is also moving upward well ahead of present price so more profits are being piped to the person holding. The long trde ends when the price catches up to the ask wall. By this time the sentiment will be fully black and peaking.

If you look back in time you cane see the short trade from the FTT bar that began the lateral (blue) and the BO of the lateral and the peaking red volume.a hold for about 1052 to 1047. The long is a non dominant trade where the volume declines over a few bars and the price rises to the ask wall.

Prior to the short leg, there was a dominant leg going into the FTT. The charts would look the opposite for that long leg of profits.(5 or 6 points.)

Were orders pulled or was the T&S going off (lots of large orders hitting)? There was no T&S screen shot to view.

On the way to the bottom, the wall moved down as a consequence of orders "pulled". It is rare that when price on the bid coincides with the bid wall price. When that happens, the turn is carved. If you are trading @ high velocity of reversals, then you may see (observe) the wall hit up to 40 times a day. The T &S is showing on the OTR volume portion of the chart. Notice at the price bottom the spread doubled to 2 ticks. (see the opens are two ticks apart and also there are trades in the middle. The lowest volume happened on those two bars.

OTR charts are profile charts and not timed bar charts. This means that you have a P, V chart that also shows the cummulative volume under each OTR bar condition. Again this is a volume representation of the T and S.

On th regular P, V charts you get to annotate the volume and price "action" I refrained because I had a purpose in mind to not clutter the information content fronm the markets. You can see a volume graphic on the chart that helps, in a timely mannor to define the significant volume fractal.on the chart. the tooling on the MACD (histogram peaks helps time the reversals as well. The two stochastics "signal" at the same time as the MACD signals. this is accomplished by making sure the indicators have defaults that work on ALL fractasl of the markets being traded.

Everything is fully synchronized so all the data set elements show either the status and/or the signals concurrently.

The wall was pretty thick all the way to 1047, where the market finally stopped.

This market is played by some really heavy hitters. Because the majority does not control the market, you see the majority playing largely on what is called the wrong side of the market. They really do smooth out the flow of price to a great extent. Hence thick walls. It probably is obvious that those in control are the minority and especially the minority that uses reversal market trades. It is often said that most traders cannot hit the tops or bottoms. They are in the majority and, therefore, it is absolutely clear that they cannot succeed through the reasoning process.

as you think about the thick walls and the heavy hitters, notice what you see them doing. "Pulling" contracts before the price hits thir limit orders. What are they doing mostly by this action? You will figure out that they are "not" locking in losses most of the time.

Did the ACV on the bid even figure in to your analysis?

as you have seen by past displays, the ACV was shown as a comparison of sets of five stalagtites, one for each side of the DOM. we have moved the WALLS to two other places than the DOM and we know that the remaining four on each side are lesser. By thinking a little, it is clear what the imbalance is. The imbalance swings to and fro as well.

The BBid BAsk is there to see as well. Size matters here and so does the first derivative of size. As you notice there is one side that is dissolving and the other side, relatively speaking is "growing". It is easy after a while to do ratios and the equate ratios to have proportions. All mentally, for doing the carving or odd or even harmonic fills.

These paragraphs are often opposed by others. That is their choice. You see headaches for some nd "too long" for others. It is like a tunnel and at the other end is an easy place where all the pieces fit together and everything flows. At that place, the market's ooperation is fully digested and you just look at the "right place" at the "right time". A person cannot outwitt the market. Cheating doesn't work either. Shortcuts do not abound.

I snagged two charts to show the whole process. The process turns out to only have binary parts. This means you always know "What Must Come Next" (WMCN). If you guess, and guess wrong, you only make a small profit when you correct the guess.

The minority that control the market do a few things that are not observable. They do not "show" before they trade. They are not ever pulling orders to prevent locking in losses. They usually are doing partial fills so as to not have an effect on the market. They do trade the end effects of market legs. They hold most of the time and when they do they are on the "right" side of the market. They always "know that they know".

 

[RedDuke]

Quote from brownsfan019:

Very much so - hence the reason I asked if you could post some actual trade setups that you take using the ACV/Wall idea.

The way wall and acv looks like was already posted. Unfortunately I can not post my charts since they have some proprietory staff that I developed with another trader and we agreed not to post it publically.

More than happy to discuss them though.

 

[Ezzy]

Quote from jack hershey:
It is easy after a while to do ratios and the equate ratios to have proportions. All mentally, for doing the carving or odd or even harmonic fills.

Thanks for the detailed reply, a really great walk thru. One of these days we're going to have to sit down and nail this even-odd harmonic stuff. Regards - EZ

 

[dcraig]

Quote from Ezzy:

Thanks for the detailed reply, a really great walk thru. One of these days we're going to have to sit down and nail this even-odd harmonic stuff. Regards - EZ

Could we please NOT discuss the "even-odd harmonic stuff" on this thread and stay on topic and away from the pseudo science.

 

[jack hershey]

Quote from dcraig:

Could we please NOT discuss the "even-odd harmonic stuff" on this thread and stay on topic and away from the pseudo science.

Just for laughs, attached you will find the the macro of this detailed stuff. The details are used as building blocks to see the whole picture.

I know the whole market picture is off limits here but it may be good for another macro type laugh.

For kicks I put in the point 3 for the 1929 depression. Notice also that the poor choice of scales screws up the annotation a little bit.

Point 1 is at upper left for both gragphs. NOW is point 3 for this depression and it turns out in timing to be the same for the 1929 depression.

I posted a while back on the end of the short channel that preceded the most recent long channel that is ending the retrace of the economic BEAR market we are in.

I depressions and bear markets, the time AFTER the point 3 (after the brief Bull retrace) is where most people get to feel the pain of depressions.

As ws seen in Trader666's comments on the lack of importance of my comments, you get to see how most people feel who are being caught unaware of what is transpiring.

For those of us who are immune to depressions, etc., these periods of rapid price change are a boom. We do precision TA that is, apparently not known to outfits like MTA, and the media, etc..

Everyone is at choice on whtether to learn to learn or remain as you are.

For me the MTA operation is a great source of continuing humor. Do you think that the guy who went to each tidbit and said thanks for India was cool. It is almost as funny as marketsurfer's and T dog's post on their ignorance of TA. Who cares. Have a laugh.

The attached chart is just a TA based chart that lets you know the FTT of this depression is a long way off and there is a lot of pain for you folks along the way.