ProfLogic's Method

[krishiyer]

chart missing

 

[Tums]

Quote from ProfLogic:

The Ergodic always works well. That is the beauty of it. Your results have to be a problem on your end. Here is a view of my 2401 for the week.

How many LCD does it take to read this?

 

[Whisky]

Quote from ProfLogic:

(5) Look for PF Bar or Bars

- PF Bar definition in Book

(6) Look for Confirmed Price Failure Bar.

- For Long Position look for Swing Bar Low that is Higher then Previous Swing Bar Low.
- For Short Position look for Swing Bar High that is Lower then Previous Swing Bar High.

(7) Enter at Open of Execution Bar.

Hi. Thanks for input. I understand 6 and 7, but what is 5?

Thanks.

Johnny Walker

 

[Whisky]

Quote from El Guapo:

come on...

Your 13:46 short is according to the rules?. I see higher highs and higher lows.

Question: What is exactly the trigger bar (see my earlier post)?

Thanks.

J.W.

 

[El Guapo]

13:33 was the long entry; 13:46 was the exit. you are correct, higher highs and higher lows.

Quote from Whisky:

Your 13:46 short is according to the rules?. I see higher highs and higher lows.

Question: What is exactly the trigger bar (see my earlier post)?

Thanks.

J.W.

 

[Whisky]

Quote from El Guapo:

13:33 was the long entry; 13:46 was the exit. you are correct, higher highs and higher lows.

Thanks man. Very clear now. My mistake.

Re. entry. Do you enter on the next bar open after a color change?. Is that what the 5 below means?

"(5) Look for PF Bar or Bars

- PF Bar definition in Book"

Do you have the exact definition in Book?.

Cheers

JW

 

[Whisky]

Quote from ProfLogic:

Faster view for the coffee bean and gamer addicts.

Here we see 46 trades with 39 winners and a total of a potential of around 63 points . . . so far and about 100 minutes left.

Personally my head explodes doing this but some like it.

Hi Prof. In the chartscalp you posted between 9:45 and 10:00 the market was making LLs and LHs (in the depicted timeframe) yet you only painted blue arrows for longs. Am I making some type of obvious mistake (very likely) or are those trades against the rules?

Thanks

JW

 

[Marsupilami]

Hello Prof,

is there any chance to watch you trade this live in the ET chat the coming week ?

So far, I understand that using constant volume bars is a nice way of portraying price action (I agree with that) and that you seem to be using divergences among other setups ( have never found any value in watching divergences between oscillators and price).

 

[ProfLogic]

Quote from Tums:

How many LCD does it take to read this?

I have it spead across "7" but I never look at this much data at a time. Waste of energy. Just showing the entire week as an example.

 

[ProfLogic]

Quote from Whisky:

Hi Prof. In the chartscalp you posted between 9:45 and 10:00 the market was making LLs and LHs (in the depicted timeframe) yet you only painted blue arrows for longs. Am I making some type of obvious mistake (very likely) or are those trades against the rules?

Thanks

JW

JW,

reference the post so I don;t have to go searching for it, Thanks.