ES Journal Archive (2011)

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Quote from sponge:

It is interesting that you prefer W %R and believe that it gives you clearer signals, considering the %k of the stoch provides an identical trace to the W %R. Larry sure must have been one heck of a salesman :)

I can see where you get your User name from Sponge.

Still, you are one of the few here along with ammo who looks under the hood to find the clues to the price puzzle.

Firstly, discard things that don't work. ie inside the 60/40 range and assemble info that is 75/25 effective and beyond and keep it SIMPLE

I figure that if I am going to give myself an edge, then it is going to be a good one.
 
Quote from sponge:

considering the %k of the stoch provides an identical trace to the W %R.

[facepalm]

Did you miss my previously posted charts where there was evidence to the CONTRARY?

But yeah, I paid 200 K Zimbabwean dollars for his course (not really, but I have to keep the idiots entertained) so I am going to stick with it. :)

The first genius is saying none of them works, this one is saying they are identical. In either case, then it doesn't matter which one you are using!!!!

:cool:

Edit: There was a W %R long signal on the 5 mins chart a few minutes ago, up 4 pts right now...
 
Quote from aquarian1:

Thanks ammo.



Also you mention you hand chart.
So as the cumulative 30 day 30min nips are built you mark these on your chart?
http://www.trading-naked.com/Setups.htm this site will explain how to draw the graph,then use the nips,cleavage and ledges fro supp/res,ii hand chart from 8 30-3 15 in one point boxes,i use the tos charts for cumulative
 
Quote from Pekelo:

[facepalm]

In either case, then it doesn't matter which one you are using!!!!

:cool:

precisely. I knew you would get there in the end.
they are both as bad as each other.
also they promote laziness
 
Quote from Pekelo:

[facepalm]

Did you miss my previously posted charts where there was evidence to the CONTRARY?

Well obviously if you have them on 2 different settings (as you did) you are going to get different results, but on the same setting they are absolutely identical. Anyhow, not a big deal, just thought I'd point it out :)
 
W boys for the green!!

If we end up close to breakeven for the day, that is a giant hammer on the daily, and usually signals a trendchange...
 
Quote from Pekelo:

W boys for the green!!

If we end up close to breakeven for the day, that is a giant hammer on the daily, and usually signals a trendchange...

The timing of your bullish posts is delicious. 15:23 WOW. How do you do it?.:p
 
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