The Most Insightful Articles ABout Trading and Investing!

[icarus618]

Quote from baro-san:

What if?

What I like about your annotation is that it shows more clearly that the bar that was a bitch to handle in the AM was bar 15 (bar 16 on my chart). At least it was for me.

Part of the trouble was a lateral drawn too tight. Handling the bar requires adeptness. Adeptness for me means recognizing that a wash+ is not possible and that I'll make it up on the reversal. I no longer curse before pulling the trigger but sometimes it does make me sweat a little.

Bar 17 (bar 18 for me), which is under a lot of suspicion here, is a cakewalk. The volume is green and pinned up against the top of the volume window just like the prior bar. I'm on the right side and being told to hold, and I now know exactly where I am. It is still AM, every bar has been fast (>30K), we've just had BO on reversal, p2 is next, then a retrace, p3, resumption/failure, then midday. I do see up ahead the RTL of the blue carryover channel from yesterday as R.

 

[traitor786]

I DONT really look at the es but thought id shoot out my take on it since it is being looked at. as opposed to other charts on this site i have put some forward looking outlook to it. I do this often and forget to back and check. so if down the line you see im right anywhere my ears are always open.

usually i require atleast 5-6 hours before i start to make any forward looking predictions so im assuming that this one will be off. I used one of 2 Technics only and there for was unable to identify when my goal will be met. but again in a 6 hour look there are important factors that show up that have not been looked at.

im not looking to be right here just thought id share my style a bit .

as for what is what ill leave that to you to judge time may explain better then i c

 

[traitor786]

woops i guess i played a big part in the summation. i wasn't looking for a detailed explanation but rather a one liner .

if all questions would be answered there would be no fun left!

Quote from Nebuchadnezzar:

That pretty much sums up the 5 years of hershey/spydertrader's journals.

Now hershey is gonna post one pager addressing a random subject completely ignoring the fact that rule 8 doesn't work.

 

[Nebuchadnezzar]

Quote from baro-san:

What if?

Draw the right trendline through bars 43 and 48. Note where it puts the close of bar 51 in relationship to LTL. Note the resumption that shouldn't have occurred according to rule 8.

 

[brisvegas]

using my chaos theory mathematical model ive seen the recurrence plots interact with the oscillating dynamic field , this trully is the most intense necrosis of the prosencephalon ive seen authenticated . what a mental masturbation!!!!

 

[traitor786]

silly, every knows a prosencephalon which has been necrosised and the necrosis is indeed confrimed has no need for masterbation.

Quote from brisvegas:

using my chaos theory mathematical model ive seen the recurrence plots interact with the oscillating dynamic field , this trully is the most intense necrosis of the prosencephalon ive seen authenticated . what a mental masturbation!!!!

 

[brisvegas]

Quote from traitor786:

silly, every knows a prosencephalon which has been necrosised and the necrosis is indeed confrimed has no need for masterbation.

grasshopper the prosencephalon isnt predominantly associated with the dopamine neural excitement , we need to look towards the prefrontal cortex and nucleus accumbens parts of the brain . the necrosis would have to be intense to render mental masturbation unattainable

 

[jack hershey]

Quote from frenchfry:

Here I show where I would have had difficulties applying the rules. Oooops... there are no rules and I'm not supposed to follow them. ;-)

Attached is the open for friday using your ninja chart with my annotations and the application of the 8 numbered principles.

Previously, I described in words how the first 60 points on five contracts were earned.

Here you see in the attached how the prior FTT caused the long taken on open to become a wash trade and a reversal to short to pick off the new FTT which will be upcoming.

 

[jack hershey]

Quote from jack hershey:

Attached is the open for friday using your ninja chart with my annotations and the application of the 8 numbered principles.

Previously, I described in words how the first 60 points on five contracts were earned.

Here you see in the attached how the prior FTT caused the long taken on open to become a wash trade and a reversal to short to pick off the new FTT which will be upcoming.

Here I copied your file with your correct annotatiions of the "trading fractal" which is one fractal slower than the fastest observable fractal on your ninja chart.

Notice that your "cases" are placed on the ninja chart automatically except for the outside bar case. The lateral is shown as a yellow box on the ninja chart.

The VE close provides you with the principle to use to begin the next trading fractal as point 1 of the trading fractal.

To actively trade the trading fractal it is a great idea to annotate the faster fractal than the trading fractal. there are three faster moves, B2B 2R 2B , in the trading fractal. You show B2B between point1 and point 2. You show 2R between point 2 and point 3. You show 2B between point 3 and the VE which is the FTT of the trading fractal.

So a trade long happens on bar 0 the opening bar. You come the the violation of the bookmark (principle 4) and you wash and reverse to go to the NEW FTT where you take profits and reverse long (principle 5) to hold until you come the the defined FTT of the trading fractal.

As you look at the chart you DO see the close of the VE IS in the zone and you expect to see an M1 and an M2 (at a higher level that the original FTT maximum. Consider if the VE is a single translating bar or a first bar of a "case" (see principle 6 for RTL's, which is not the case and see principle 1 for annotating). The next bar is in the purple container right from its ninja charting beginning and the merged bars still have a close in the zone, meaning an M1 and an M2 will follow.

In the next post I will make my point clearer after you soak in this situation for a minute or two.

 

[zdreg]

what are your favorite articles about black swans?