ProfLogic's Method

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Quote from pismo10:

Chart

Thanks
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Forst trade had already created a Prime Trading Resistance Oscillation. It began at 2:18:14 with the Matched Resistance at 837.50. I thought you were going short sorry.
 
The magnitude of the histo on the 16807 was huge. That's what gave you the impetus to stay with the long even when the 2401 histo oscillated down again.

At least I am beginning to see the trades....Now how to manage them.

Thanks again.
 
Quote from pismo10:

The magnitude of the histo on the 16807 was huge. That's what gave you the impetus to stay with the long even when the 2401 histo oscillated down again.

At least I am beginning to see the trades....Now how to manage them.

Thanks again.
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Price makes more sense each day when we learn that each one of these chart increments; 7, 49, 343, 2401, 16807, 117649, 823543, etc. is simply a slower clone of each other.
 
Quote from Whisky:

Black are conservative, Red are agressive. Below zero for buys, above zero for sells (histo).

Exits?. Ahhh the exits...working on it.

JW
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Exits are Histogram oscillations that fail to make HH's or LL's, PPF's on that chart or a Prime ERG Oscillation on the next fastest chart.
 
Quote from ProfLogic:

Exits are Histogram oscillations that fail to make HH's or LL's, PPF's on that chart or a Prime ERG Oscillation on the next fastest chart.
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Thanks prof. What I observe is that oftentimes histogram makes an oscillation without a new HH or LL made, one takes an exit and then it really goes.

I agree those are decision points for at least a partial exit. I must study the matter a lot more to be sure. I guess no substitute for experience.

JW
 
Quote from Whisky:

Thanks prof. What I observe is that oftentimes histogram makes an oscillation without a new HH or LL made, one takes an exit and then it really goes.

I agree those are decision points for at least a partial exit. I must study the matter a lot more to be sure. I guess no substitute for experience.

JW
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Look to a slower chart for longer term stregth. If your ERG and also the Histogram are moving in the same direction then you can stay in the trade longer.
 
Quote from ProfLogic:

Look to a slower chart for longer term stregth. If your ERG and also the Histogram are moving in the same direction then you can stay in the trade longer.
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OK. Thanks for the tips Prof. Will study the charts a lot this weekend. Maybe I'll do some more programming too.

Have a nice weekend.

JW
 
Quote from pismo10:

Nice short today 1/20/09 around 2:45pm at 811-812 area...
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I've been up to ars in data since Thursday. I had a new database constructed for my charting program but I've had to add to, check or create a total of 1000 workspaces each containing a specific symbol (futures or stocks). My eyes are bugging out and the top of my head feels like it will explode. Other than that I should be fine. :D
Thanks for the heads up and sharing.
I'll be back trading tomorrow.
 
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