If you want to fail as a trader, study TA

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Quote from odlareg:

Quote from macattack:

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I see you are learning MK:

1) you can see when a pattern forms and watch the public jump on it, and then you can just sit back and watch them get stopped out, and you can enter after the stops have run with a low-risk entry.

2) TE on the other hand, from what I can tell, prefers to buy the lows and sell the highs.

So IMHO You have just mentionned two low risk entries. Considering (2) The low is the demand zone. The high is the supply zone. Both In the trading range. for long :Measure the range of the demand zone. Measure the overal high- low range. Imagine the ratio is 1:3 Place a stop under the demand zone as big as the 1. Now we have a low risk probability. Max loss = 1, maybe win is 3.

considering 1) same tactics , if resistance becomes support.

What do you mean "measure the range of the demand zone"?

There would be a range for "low to high" of the bar, but the demand zone would just be the low point of the bar wouldn't it?
 
Quote from Fibbin-Archie:

Is it not true that these "order of events" as you put it take place on each of their respective time frames

Yes.




or are you saying that they feed through influencing the longer time frame?


Yes.

e.g. you can see; accumulation, mark-up, excess and distribution on monthly, weekly, daily, hourly and minute time frames.

The market dictates the nesting of the fractals. And yes these technical measures are easily deduced from the order of events. there are also some leading indicators of price that relate to these variables.

By easy trades, I take it you mean the channel breakouts.

The edge you mention is a lagging signal and and it is similar to the OP's annotating with boxes. Darvas, was a great box trader and we both began trading about the same time. Davvas probably traded more frequently than the OP since he intercepted with his timing as welll as used earlier exits than the OP shows.

PV relationship, I'll check it out, is it similar to getting trend alignment on the long, intermediate & short TF?

Trends overlap as determined by deductive reasoning. trends are also hierarchical, meaning there are trends within trends and there is an invariant relationship among the nested fractals. The overlap window begins with trend failure (on dominant volume). The trend overlap ends when the new trend switches from non dominance to dominance and price steps outside the prior trend boundary (you refer to this as "channel breakout" a price oriented term. volume leads price so this event you mention is a "lagging" trend signal.

Of course you would also need to be aware of the trend structure (over extended, etc.) on the TF you intend to trade. I'm just guessing here BTW.

Trend structure is the Holy Grail. Deduced deductively, it is invariant symmetri, noise free and without anomalies. The three theorists who most support the Holy Grail are Keynes for paradigm theory, Carnap for logic theory and the person who is known for probability theory. His theory does not apply nor does "frequentist" theory. It is very important to reject the probabilisitc thinking since it is inductively based.

Thanks for the explanation BTW.

YVW, my pleasure.
 
Quote from rogerdubuis:

Would you call this a "perfect order" of the markets?


My comments do relate to extracting the offfer. When the leading indicators of price are used judiciously or with an ATS (based upon my comments) and within market trading platform tools, a "perfect order" usually results. specifically, using "reversals" which are symmetric and optimally timed, do affect the taking of the offer.

Consult my response to traderzones' pottery posting. there you see 17 traded called a day ahead and in an order that was without flaw. you also see a market excursion limit called a day ahead and within 5 to 7 minutes.

What this type of routine calling and trading may be named is hard to express in words. or a phrase. In terms of science and reasoning it is not in the category of what inductively based financial industry "operators" use as their glossary.

Many people have explained to you in personal one on one conversations what the order of events is in scientific and technical terminology. Science and technology may not be something in which you are conversant; I cannot judge.

You seem to be oriented to CW and OODA, the betting aspect of the financial industry. The 2 nd 20 world is just humor to me and it may be that you use that as a standard.

Taking the market's offer continually is a science and it is very technical and has nothing to do with probabilities, etc...

Please respect my personage and do not use my name to slur others.
 
Quote from Fibbin-Archie:

Just found a great, easy to understand primer on Price / Volume Relationship that you can read and digest in about 10 mins.

PM me for the link if anyone's interested.

the P, V relationship is not complex. When it is stated as a paradigm where everything is "like kind", then trading moves from inductive based betting to non probabilistic deductive "sufficiency" and "certainty". No noise and no anomalies.
 
Quote from rogerdubuis:

these are very dangerous word games.

Use extreme caution when attempting to understand the un understandable.

Any two syllable word is pretty much beyond your comprehension. Come to think of it, there are quite a few single syllable words that confuse the bejesus out of you.
 
Quote from jack hershey:

the P, V relationship is not complex. When it is stated as a paradigm where everything is "like kind", then trading moves from inductive based betting to non probabilistic deductive "sufficiency" and "certainty". No noise and no anomalies.

The relationship between price and volume are forever linked. When an instrument is traded it will always involve a quantity of that instrument at a designated price or prices. There is nothing purer or more natural than this relationship or the very act of the transaction itself.

No noise and no anomalies.
 
Jack & Prof, I have a very good trend following set up based on waves, cycles, momentum, MAs and multi-tfs, I make my entries on the first or second trend retrace and my method is good, I can USUALLY nail the exact bar of the cycle peak/trough with high probability. However I'm aware that volume plays an important predictive role and have been looking for ways to work it into my analysis. You've both given me some direction with my studies.

I'm particulary interested in using volume to identify momentum breakouts from channel accumulation/distribution.

Thanks for the pointers. Much appreciated.

Ps. Jack, that easily digestable link is JUST a primer, I'm not suggesting that the entire concept of PV Relationship can be easily understood in 10 minutes.
 
Quote from macattack:

What do you mean "measure the range of the demand zone"?

There would be a range for "low to high" of the bar, but the demand zone would just be the low point of the bar wouldn't it?

Yes, You can find this range on a chart with a smaller timeframe.
 
Quote from Fibbin-Archie:

Jack & Prof, I have a very good trend following set up based on waves, cycles, momentum, MAs and multi-tfs, I make my entries on the first or second trend retrace and my method is good, I can USUALLY nail the exact bar of the cycle peak/trough with high probability. However I'm aware that volume plays an important predictive role and have been looking for ways to work it into my analysis. You've both given me some direction with my studies.

I'm particulary interested in using volume to identify momentum breakouts from channel accumulation/distribution.

Thanks for the pointers. Much appreciated.

Ps. Jack, that easily digestable link is JUST a primer, I'm not suggesting that the entire concept of PV Relationship can be easily understood in 10 minutes.

There are many ways to skin a cat. We all just have to learn what is easiest for each of us to digest.

Well done.
 
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