Technical Strategy

[Neoxx]

Quote from Ezzy:

For those with an interest, here is a bar overlap chart using 5-min bars based on 5 days of data late October. The last few bars of each day were eliminated due to the high volume spikes at the EOD from closing of positions. The pace levels were a bit off (5 days for the chart, but the pace levels are calc'ed over a longer period), so I added another extreme level to even the spread rather than re-sort all the numbers. - EZ

Isn't quantitative overlap just a corollary of volatility?

I thought that was the reason we were using comparative overlap.

 

[Neoxx]

Debrief - losses

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2156975>

 

[Neoxx]

Drills. Or in my newly acquired neuroplastic vocabulary, shaping and massed practice (i.e. concentrated incremental training with graduated rewards).

Doidge likens it to language immersion programs. Funny enough, I spent a Summer in Barcelona when I was 22, and went from zero Spanish to conversational fluency, in a process I can only nostalgically describe as effortless.

 

[charts]

traverses in the green channel ...
... notice how parallel they are
... notice how they overlap
... notice volume on each traverse

(I drew on spydertrader's chart ...)

 

[Ezzy]

Quote from Neoxx:

Isn't quantitative overlap just a corollary of volatility?

I thought that was the reason we were using comparative overlap.

Jack has his reasons for doing it a bit different this time around. I don't want to screw up your thread and go off topic with this. - EZ

 

[Neoxx]

Quote from charts:

traverses in the green channel ...
... notice how parallel they are
... notice how they overlap
... notice volume on each traverse

(I drew on spydertrader's chart ...)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2157335>

That symmetry has an almost calming aesthetic appeal...

 

[Neoxx]

chart debrief

The early wallflower is trumped by the fashionably late. Although the late FTT reversals don't maximise profit potential, they're far better than an excessively early reversal, which by engendering two additional reversals, may lead to an expensive habit.

Print-out going in my trading binder...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2157602 width=800>

 

[Neoxx]

Quote from ljyoung:

FWIW Neoxx, I have no problem with your minimalist rendering where all bars are being referenced to the one with the stirrups. Jack clarified in his presentation what he meant by "NO" = as he has drawn it, a gap between the bars of the pair and "ALL" = as he has drawn it, an even harmonic pair. Volatility = H-L and again, I did not perceive that there had been any abuse of this parameter in your graphic.

I picked up a copy of Doidge yesterday and began reading it last PM. Interesting stuff in the first chapter and the TOC suggests lots more to come. The vignette format is very Sacksian but the bent of the content is quite different than what Ollie uses.

As a former resident of the Great White North I empathise with you and your postal predicament. Speed of delivery there, likewise receives a low priority unless one wishes to fork out gobs of money to have someone flog the huskies a little bit more vigorously.

You and Jack are doing a superb job, IMO, and I am intently trying to keep pace with you both. The happenings are are fluid and seminal.

Regards,

lj

Lj,

Hadn't meant to ignore this, but in my overzealous additions to my ignore list, I had accidentally added you too! No offense intended, and none taken I hope.

Your comments are very helpful. I hadn't noticed the gap, nor picked up on the identical bars, which you refer to as even harmonics... didn't read beyond the early part of the futures journal, and hadn't come across the concept before. Now I know what EH stands for in Spyder's most recent chart.

I'm not familiar with Oliver Sacks' writings, but thoroughly enjoyed Doidge. Am rereading parts.

I can see how chill white expanses would be a detterent to prompt delivery, but I live in a suburb of London with excellent transport links!

I still feel like the lumbering laggard, but am trying to pick up the pace of constructive work.

Thanks for the kind words,
Neo

 

[Neoxx]

As suspected, complete and correct annotation is the main stumbling block at the moment. One particularly telling sign is the asynchronous relationship of troughs and RTL BOs on my chart; the market's way to telling me I need to fix my lines.

I'm working at a walk-in clinic tomorrow. Picture an office with a revolving door and an endless stream of patients, mostly 'worried well'. Will be lacking the mental faculties for an alert and purposeful market replay session after work. But no real time access until Wednesday and I'm averse to time wasting.

Any suggestions on interim work?

 

[ehorn]

Quote from Neoxx:

...Any suggestions on interim work?

I might humbly suggest you print out Spyders chart from friday, compare your gaussians to his and note where they differ.