You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
ProfLogic's Method
- Thread starter El Guapo
- Start date
- Status
- Not open for further replies.
Quote from Tums:
Why don't you post a chart with arrows and notes? It will make things easier.
I intended to, but wanted to get clarification whether I got the annotation logic correct for starts in terms of using the 343 vs 2401 vs 16807. i.e. for step one the price lables come from 343 prime osc (histo +10/-10) but as part of step one, the 2401 histo must also be in prime?
I actually wanted to discuss some subtleties. Ok in any case here is the 343 chart for today.
In this chart price was at a low around 10:58 and made a Breach HH at around 11:08. Which of the 2 blue arrows is a PPF HL. I ask because the first one is actually lower than the second but histo was not below -10 on the first one
Attachments
Quote from Insearch:
I intended to, but wanted to get clarification whether I got the annotation logic correct for starts in terms of using the 343 vs 2401 vs 16807. i.e. for step one the price lables come from 343 prime osc (histo +10/-10) but as part of step one, the 2401 histo must also be in prime?
I actually wanted to discuss some subtleties. Ok in any case here is the 343 chart for today.
In this chart price was at a low around 10:58 and made a Breach HH at around 11:08. Which of the 2 blue arrows is a PPF HL. I ask because the first one is actually lower than the second but histo was not below -10 on the first one
The lower one is a PPF.
Quote from Whisky:
They are all PPFs in sequence.
So each one is a potential long as long as other set up conditions are met? And as a group they are being compared to an earlier [set?] histo low, not in relation to each other, correct?
And as a separate question, how far in the other direction would the histo have to go for us to consider subsequent ones breaches?
Quote from Insearch:
So each one is a potential long as long as other set up conditions are met? And as a group they are being compared to an earlier [set?] histo low, not in relation to each other, correct?
And as a separate question, how far in the other direction would the histo have to go for us to consider subsequent ones breaches?
Yes, alone they are but when they are compared to the longer term to determine strength that last one is the primary set-up long.
PPF's, Breach's, Breach PPF's and Match PPF's are taken from the ERG not the Histogram.
Quote from pismo10:
Saw a questionable long this morning on the 16807 at 842 area around 9:55am. No prime, above zero line even, 117 agreed tho. Did not take it.
Pismo, trading a chart that far out is either a better entry chart for the 117649 or a slow Intraday chart where you will get 2 to 3 trades per week.
I'm long from yesterday afternoon (823.25) off the 812.50 bottom as the confirming oscillation of the Perfect Trade on the 117649 (806.25 PPF toward the 876.00 Breach) and Histrogram Oscillation on the 2nd.
- Status
- Not open for further replies.