Exact Science

Jack, is there need to deal with partial fills when you are at 50 contracts(non-dom trade), or it`s just ok to enter 50 lot a pop?

tnx
 
I got 600k and need to go out and spend some, while you are improving your Anglish , sucking your mammy`s tit and poop with your granny`s doughnuts
 
Run, don't walk from this gibberish.

Quote from jack hershey:

sorry about thr delay in answering.

I inserted the DOJI in the volume chart the show that timeframe based charts do not have ends of doms or non doms at the ends of bars. A DOJI is the IBGS bar and looking at price shows where in the bar the volume shifts from dom to non dom or vice versa.

There are several aspects of the test that make it unequivacle. As many know a DOJI opens and closes at the same price BUT the BBID and BAsk are not on this value during the time of the whole bar. When the price moves through the open exapanding the bar it then has the potential to be a DOJI. When it comes back through the open and goes one tick further, a second yest situation could occur sunce on the first past through open a "color change" type IBGS event hapened.

People often complain about the trading cost of keeeping on the correct side of the market. So I put in the exit of the DOJI box after the test is complete and you go to a place that reset the bar count and what is at hand in that venue. This venue is all related to volume. As you will notice cycle 1, cycle 2 and cycle 3 all have this addition of the DOJI for gaining experience, respectively with dom, non dom and finally the combo of dom and non dom.

Post cycle 3, and doing the drills of cycle 4 through 10, you do nothing reqally new in staying on the correct side of the market but you do address effecxtiveness and efficiency of extracting the market's offer by using additional tools.

The Exact Science" nature of the market comes into view with the addition of knowledge and skills acquired through expereince.

What about those who are CW oriented and not getting the opportunity to gain knowledge and skills through expereince? The financial industry is NOT oreinted to taking the market's offer nor profiting from the experience of mind building. Look at covel's most recent critique of timing entries and holding subsequently. He introduces money management and portfolio management are a replacement for trend monitoring and analysis (done scientifically). This is the back bone of CW and CW perfomance shows the consequences. (see trend following research thread for last few days of posts).

Shouldn't we get a non-dominant move after a peak?. You have saked the question of the century. I have commmented for years and years to make the point of stating NO.

Up/down traders of CW also have an entry/exit orientation. Xyxles 1 through 10 depart from both. Hold/reversal replaces entry/exit. Trend monitoring and analysis (NOT trend following) has a left/right orientation.

Please, now and for the future, grasp that tends are build of THREE MOVES. TREND MOVES HAVE AND ORDER OF EVENTS. tHE ORDER OF EVENTS IS MEASURED IN A DATA SET OF CHARACTERISITCS.

Look at these characterisitics. Consider sentiment. Review dom and non dom. Look at trend overlap.

I will do that also just below.

A trend has and overall sentiment. the movements in the trend have two sentiments in parallel with the trend sentiment. The middle move is the opposite sentiment.

dom and non dom are identically the same and volume based. The order is dom, non dom ,dom.

Tend overlap only exists for part of the first move of the three moves. this is probably why CW based BO trading became so poplular. It is also an important consideration for knowing that you know ar the begining of a move whether it is either a retrace or a reversal.

Tend reversals begin trends and retraces are just another name for the middle move of a trend.

Alll of this post is filled with nuggets and jems.

Trading experience is what allows the potential trader to "put the pieces together". You can do it in either 40 days, 10,000 hours or as in covel take a trip of "eight hazardous years and not get it done at all. I recommend doing the first 5 cyckes in 6 days and taking 5,000 dollars to 3/4 of a million dollars. (See provided Excel). Log as you go to cement the trip in your mind permanently.


"Also, after Z, where do we get the reference volume bar to know whether we have a dominant or non-dominant move?"

Check volume. dom is increasing and non dom is decreasing. Xyxle 1 keeps you in the market for dom and cycle 2 keeps you in the market for non dom. That the purpose of all thos boxes with the alphabetical labels.

A person either does the work or not. Interviewing other traders is not doing work it is just hearing CW repated over and over. Move out of the baox and do the work of the 10 cycles and see the exact science of the market through theory and through the use of tools.
 
Quote from SnakeEYE:

Jack, is there need to deal with partial fills when you are at 50 contracts(non-dom trade), or it`s just ok to enter 50 lot a pop?

tnx

50 contacts a pop works quite well. If you re doing a multiple of 50 ,you can stay under the radar more easily if you do multiple pops.

Carving can be both ways. Since I reverse trade, I consider leaving the order level at 50 and do the exit and rentry as two pops (pop pairs).

If you are dealing with multipes of 50, then you keep doing pairs of pops to eat up the total hold ser of contracts.

When trading point to point on patterns, coming off the LTL is more "spikey" that coming off the RTL. I watch the OTR and space closer together on dom to non dom trades (LTL'd and VE;s) and conversely on non to dom trades a spread the partials out more.

Among other time frame signals, The PRV on volume and the FTT 's on YM are the "smoothest" indicators for each of these reversals. You will see a P on the TN charts which is a measure of "acceleration" of volume coming into volume peaks. (this uses three volume values and can repeat on strong move endings).

When regarding the capacity of the markets, you can follow how many partial fills your print shows on these turns. Going into midday you will have to spread the time interval among multiple 50 lot blocks. This means start a little earlier and end as soon as possible. Study the 2 pairs on the OTR for the shift in how long each pair's dwell is dominant and note the ratio of times. On a short to long the dominance of upper pair happens before the dominance on the lower pair. Then it is equal dwell then it is the opposite dwell that dominants.

Calibrate yourself to see how often you sample observations. you will notice you can sample much more rapidly that the pairs are flip flopping.

On the set of indicators (MACD and fast and slow Stoch) you also get to see the flopping of the ends of lines from down mostly to flat and then flat mostly to up.

All these rhythms are easy to get used to even at te expert level of 20 the 40 turns over RTH's.
 
Quote from Trend Following:

Run, don't walk from this gibberish.

Thank you for reading my post to make your judgement.

Recently, you were able to engage in asking questions of two other posters who were articulating their respective sensitivities to two approaches for extracting the market's off technically.

If you note that I am engaging in answering questions of others, why not take some first steps to quiry them about their questions and what my answrs helped them learn or consider? The risk you face is fairly great. It is the same as Acruary faced when he went through the process of reorienting hs trading from one method to another. Acruary was a brave person to tell his story of his new self realization.

The is little chance that you will become converant with the category of traders aptly named by the owners of Tradr'sExpo, to wit: "Great Traders You Have Never Heard Of". Groups of four of such traders appeard at each Expo and were hosted by te owner of Expo for two hour sessions so they could interact to prepared questions, They always met at lunch before the session to determine the question set. One especially nice aspect of the sessions was the transition from the moderator introducing questions to a period where the experts jusat interacted among themselves by maintaining a high quality of discourse.

Your knowledge seems to be stuck at the "Trend Following" book levels.

We both deal with quants, you from the materials gathering viwpoint as Bass did when writing "The Predictors" I on the otherhand, having trained in theoretical phyics, deal with quants and their managers on a colleagual basis. you probably feel what they say to you is "gibberish" because of the cast diffence in your training compared to yours.

I do not find anyone's comprehensive approach to trading as gibberish. Certainly most approaches do not approach the market's offer. It seems to me, you have a range of "believability" for trading results that are possible. It may be that this range is the renge you established by reference to Henry to get the ball rolling in your book which came as a consequence of 8 hazardous years of a journey. This is roughly 1/6th of my trading years.

For the record, I do what I post to help others learning to do what I do.

You may want to consider that my range of performance is just beyond your range of "believability". Maybe it is based upon you brief experience in observing the trading world from the outside.

Would it be possible if you did not understand something for you to go beyond asking for clarification instead of making an unfounded judgment like "gibberish"? Why not learn a little about trading by and getting some coaching from someone in the business. Give Schwager a read to find out how the wizards get their levels of performance.
 
Quote from jack hershey:

50 contacts a pop works quite well. If you re doing a multiple of 50 ,you can stay under the radar more easily if you do multiple pops.

Who makes surveying process?

Carving can be both ways. Since I reverse trade, I consider leaving the order level at 50 and do the exit and rentry as two pops (pop pairs).

If you are dealing with multipes of 50, then you keep doing pairs of pops to eat up the total hold ser of contracts.


Do you scale in or scale up, or both?You do not use limit orders,right?

When trading point to point on patterns, coming off the LTL is more "spikey" that coming off the RTL. I watch the OTR and space closer together on dom to non dom trades (LTL'd and VE;s) and conversely on non to dom trades a spread the partials out more.

When point to point,LTL is more ''spikey'' on the short side,right?Because, when the sentiment is long, RTL would be more ''spikey'', i think.And, do you use OTR as a pivot point?

Among other time frame signals, The PRV on volume and the FTT 's on YM are the "smoothest" indicators for each of these reversals. You will see a P on the TN charts which is a measure of "acceleration" of volume coming into volume peaks. (this uses three volume values and can repeat on strong move endings).

Jack, if there wasn`t PRV, would it be any other possible substitution for it?
 
Quote from SnakeEYE:

Yeah, right!!!!

i`ve just made 3,2k with that ugly channel that lasted about 16 hrs....with my own fucking eyes.....and some other fucking ancient stuff..and...................this fucking thread should be closed due to inability of the main participant to maintain it..........

You should stop drinking so much...
 
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