hmmm, looks like proflogic has a doppleganger.
identical styles and words, hmmmmmmm.....
funny, the seminar business must be bad...
identical styles and words, hmmmmmmm.....
funny, the seminar business must be bad...
ER2 void trading
- Thread starter marketpath
- Start date
Quote from brokerbroker:
hmmm, looks like proflogic has a doppleganger.
identical styles and words, hmmmmmmm.....
funny, the seminar business must be bad...
Let me see . . .
My chart parameters are readily available for those willing to search through these threads to find and verify them.
Marketpath uses different CVB chart increments then I do.
I use a single indicator which isn't the TRIX (not that it isn't a decent indicator but not my preference).
I strictly adhere to trading price and using price for generating S/R levels. I would never calculate those levels.
I only use market orders and would never intraday trade the eMini Russell.
Finally, I use S/R as fixed targets and would never place arbitrary targets like specific point amounts.
Other than that I can see where someone (uninformed and argumentative) could make the statement such as calling him a doppleganger.
Marketpath has literally found . . . his own path through his own research and I will be one of the first to congratulate him. He has found something that "HE" is comfortable with & that is the key to building one's confidence. He started with a solid foundation and what a better place to start than that.
Marketpath, keep up the good work and stick to your guns. Understand that the ones that condemn the loudest are those that don't understand the process.
If you are, then this approach cannot be programmed i.e. put into computer code, correct ?Quote from marketpath:
OK, here goes.
Pivots (in price) are determined by TRIX. Higher Highs, Higher Lows is a little misleading, because I am not looking for 3-4 HHs, HLs in a row before something happens. I am interested only in breaches of the previous TRIX highs/lows.
Ok, looking at the chart I posted, the first HH (breach) I marked is not a price pivot. Why? Because the following low (marked with the arrow) did not breach the previous low, so the pivot high is UNCONFIRMED.
So it goes back up, new HH in the TRIX, comes back down, still no breach of previous TRIX low, so still unconfirmed. Then, this is where it gets weird. Price goes up higher, but the TRIX did not -it made a LH. So that makes that price top around 654 unimportant (sort of, but I will get to that in a minute), but not a pivot.
Then, price drops and the TRIX does also,and this time breaches the previous TRIX low. Now the pivot top, at 649.80, has been confirmed as a top.
Im losing everyone aren't I.....?
these claimed objective methods have heavy subjective under/over tones regardless of the words used to describe them. pretty silly actually.
surf
Simply preference. I like the liquidity of the eMini S&P and the eGrains. The ranges and profit per trade are far better in thoe markets than the Russell for the way I trade. Especially the eGrains. They are just amazing.
I find the Russell to be choppy intraday though for Swing trading it is tolerable.
That is just my personal preference for how I trade and maybe not for others.