Question for Grob/Hershey...

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Quote from makosgu:
NLP = Neuro-Lingusitic Programming, this has to deal with your mind and internal wiring... Know what you're speaking of!
sure, but think mak, ..in the context of ability of perception, NLP (acronym submitted by me - natural language processing) is a subset of NLP. Don't let the common perception of terminology cloud the mental picture for possible substrative meaning. :)
 
Quote from makosgu:

FOCUS!
Thru bar 10... BA, I see that you have str/squ values automated (a nifty spreadsheet). Care to take a few Q's???

MAK!!!
Sure - I'll answer what I can

btw - I'm short from 1241.75 (the red bar not the white one :cool: )
 
my biggest problem is, in a situation like this(see chart) when price is resting on the trendline - where´s the clue to if it´s gonna move up again or break the trendline and move down? watching volume, but i never seem to get it right... :)
/Stalker
 

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Stalker one clue I always pay attention to is wrb's. (wide range bars) Those two red wrb's were telling you this was no ordinary retrace. Retraces are usually orderly.
 
Quote from Stalker:

my biggest problem is, in a situation like this(see chart) when price is resting on the trendline - where´s the clue to if it´s gonna move up again or break the trendline and move down? watching volume, but i never seem to get it right... :)
/Stalker

Somehow we need to get you PRV tools. Also, we bank on the LTL and or FTT. You had your pt3 which you saw, and then you had the channel pushed wider until it was failing to be pushed wider. The decision at such points is whether to bank and reverse or hold thru a drift to the right line so the consideration is whether it will drift to the RTL or retrace. You see BA was out with an IF2 condition. My channel was fairly wide 3+ pts so i didn't mind reversing for the retrace with high PRVincreasing SHORT vol tape on the 2M YM. Here's my as is chart... I need to update since I haven't updated the annotations in a few mins.. As usual, when approaching the RTL or LTL, my monitoring is usually more biased to the YM. You can see how the channels are different between the two and presumably why at channel boundaries, I shift focus to the YM for considerations as to whether to continue holding or reverse... The left is an example of what not to do. It is reflection of the fact that I stuck to the YM for some time before shifting back to the coarser ES channel...

MAK!
 

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Quote from makosgu:
Somehow we need to get you PRV tools.

Can somebody provide this to me for Ensign? I wrote a simple PRV indicator for tradestation that has been useful, but I'm making the switch to Ensign this week.
 
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