Question for Grob/Hershey...
- Thread starter makosgu
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i think i'm starting to really get it.
yesterday i was in such a funk. couldn't do anything right. I've determined (with the help of aweiss and icarus's discussion) that I was not 'keeping house' or 'keeping up with things'. I was in the mode of supposing, predicting, and emotionally anticipating (as opposed to empirically anticipating).
today, i didn't really try to trade, but what i DID do was keep up with things and i SAW how my drawings were well ahead of where the market eventually migrated to and how it is that i would be making money or taking small losses.
i'm posting the chart to see if anyone has feedback. Is the chart 'off' in any way that is obvious?
what was obvious to me was how one can STAY with a trade that is pushing out point 2 by waiting for a faster fractal traverse TL break. This has a dual ramification from my perspective. 1. you stay on the right side of the market and continue...to make money....OR 2. you reverse and ride to point 3 on the trading fractal....again then waiting for a faster fractal traverse break against you on increasing vol.
i'm not going to proofread this so hopefully the above isn't a jumbled mess. lol.
i have the 1min inlayed in the pic.
yesterday, i was NOT keeping this level of detail on my charts. I had like 1 or 2 main channels...but no traverses drawn in, and certainly no traverses drawn in on the faster fractal. I believe this lack of attention to detail was my BIG mistake (which led to or was preceded by the EQ devolvement).
grob posted a EQ-IQ cell thingy in another thread a little ways back, i found it to be a really neat thing.
yesterday i was in such a funk. couldn't do anything right. I've determined (with the help of aweiss and icarus's discussion) that I was not 'keeping house' or 'keeping up with things'. I was in the mode of supposing, predicting, and emotionally anticipating (as opposed to empirically anticipating).
today, i didn't really try to trade, but what i DID do was keep up with things and i SAW how my drawings were well ahead of where the market eventually migrated to and how it is that i would be making money or taking small losses.
i'm posting the chart to see if anyone has feedback. Is the chart 'off' in any way that is obvious?
what was obvious to me was how one can STAY with a trade that is pushing out point 2 by waiting for a faster fractal traverse TL break. This has a dual ramification from my perspective. 1. you stay on the right side of the market and continue...to make money....OR 2. you reverse and ride to point 3 on the trading fractal....again then waiting for a faster fractal traverse break against you on increasing vol.
i'm not going to proofread this so hopefully the above isn't a jumbled mess. lol.
i have the 1min inlayed in the pic.
yesterday, i was NOT keeping this level of detail on my charts. I had like 1 or 2 main channels...but no traverses drawn in, and certainly no traverses drawn in on the faster fractal. I believe this lack of attention to detail was my BIG mistake (which led to or was preceded by the EQ devolvement).
grob posted a EQ-IQ cell thingy in another thread a little ways back, i found it to be a really neat thing.
I have been using the 20ema since my sojurn in LBR's chat room several years ago, Jack doesnt think much of ma's apparently which is kind of funny because he reccomends using the sto and macd which are based on you know what. The 20 ema is a powerful indicator for s/r and if you havent noticed the coincidence by now then you probaby should drop it and try something else. Its hard to trade with something you dont have any confidence in. You notice that I have two ma's on my chart. the 20 and the 60. The 60 is the equivalent of the 20ema on a 15 minute chart which is also powerful. When trading retracements it is best to have both sloping nicely. Yesterday was a consolidation day, what lbr calls a z day and the 60ema was flatlining. There were three trades that met the criteria nevertheless, 1 winner and 2 losers for a flat day which is about what you would expect. Its hard to win every day unless youre scting of course.
I´ve seen it for sure, but I still miss some of the trades. Have only taken four trades since I skipped trading every retracement and just take these ones - 2 winners and two be. I didn´t understand what you had meant in detail before.
Yesterday I didn´t see any I liked, but I didn´t see any opportunities I liked with the channels either, sleepy day.
Yesterday I didn´t see any I liked, but I didn´t see any opportunities I liked with the channels either, sleepy day.
Hi Stalker -
Thanks for the suggestions. When I first started looking at PRV, I tried to get a 30 second chart up with Ensign. No go - the lowest granularity based on time is 1 minute.
My intention is to build a PRV tool (as txuk as suggested.) I'm a software engineer, so I can leverage that background to some extent.
Anthony
Thanks for the suggestions. When I first started looking at PRV, I tried to get a 30 second chart up with Ensign. No go - the lowest granularity based on time is 1 minute.
My intention is to build a PRV tool (as txuk as suggested.) I'm a software engineer, so I can leverage that background to some extent.
Anthony
I was going over the charts today and drawing in the channels and came across this.
I've seen this before, and to be honest, it drives me nuts. It's a FTT that did not become a point 1.
Is it a FTT? Is it a FFTT? Is it something else? Right now I have it classified as a "What The Frell?"
So, options are -
1. It's something I am not familiar with.
2. I made a mistake in drawing my charts.
3. It's noise.
4. I don't understand FTT's
5. Other?
TIA
I've seen this before, and to be honest, it drives me nuts. It's a FTT that did not become a point 1.
Is it a FTT? Is it a FFTT? Is it something else? Right now I have it classified as a "What The Frell?"
So, options are -
1. It's something I am not familiar with.
2. I made a mistake in drawing my charts.
3. It's noise.
4. I don't understand FTT's
5. Other?
TIA
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