The rally this week

[tradingjournals]

Quote from bwolinsky:

Why do you always insist on standing in front of freight trains? Sooner or later you get crushed, and I don't understand why you keep making the same amateur mistakes and try to pick the hard bottoms when it's easier to trade tops and to see which direction the market is trending.

The physical price failure to a lower low is the first PPF BR LL I've see since November 10th, 2011.

The fact that this is the first in a long time may mean a bottom is in, but as far as liquidity I guarantee it'll dry up this week within 3 days and if you don't take that as fair warning, and me telling you that I have much more superior models than anything you are using, then I don't have much sympathy for your idiotic market calls.

It's bad enough to have a journal blow up, and for your namesake even the calls you are making are pretty terrible, and that's putting it lightly.

It goes back to my first question, and if you aren't profitable on this trade by tomorrow it will more than likely fail, and I expect you to recognize the reversal and exit as you'll see the market trend even lower as this is patently a classic bear market tell, and if my own analysis isn't enough for you here is a chart of today's failure, my system's entry at 1 am which looked pretty good up until the start of the drop.

I have no signals in my pairs systems so I'm not following these entries, but my warning to you tradingjournals is to beware of the next lower high, because if you don't exit there then you are about to make another terrible call among many.

Finally I will add that this is a bear consolidation on a higher low, with a probable rise to be expected with even lower lows following thereafter. Though I'm unsure if it will be a br ppf lower low or a higher low, I am sure that while there could be a rise, the exit I'm expecting will definitely be on a lower high, but this might fail, too, so even though I am sure we're going a little lower I can't say with certainty because my pairs system doesn't think so even if price physics says that it is likely to profitably buy this bottom it is an extremely low percentage trade that I wouldn't take if you paid me $500 per hour to.

I did not read the above post, but I could see some mention of TJ.

Did this guy say anything opposite or new to what the OP of this thread said yesterday/etc?

I do not like to read long posts to later discover it is just bullcrap, so if someone think I should read it, pls. let me know.

 

[bwolinsky]

Quote from tradingjournals:

I did not read the above post, but I could see some mention of TJ.

Did this guy say anything opposite or new to what the OP of this thread said yesterday/etc?

I do not like to read long posts to later discover it is just bullcrap, so if someone think I should read it, pls. let me know.

Like the exit in the snapshot you're too naieve to understand? You know? The lower high you should be selling right now?

Top is at 2283.25, and not likely to break before the end of the week but more than a lower high it was a breach hh, and breaches aren't as predictable as lower highs.

Since you know nothing about how to profitably trade, as soon as this starts to go down you can make your profit on this sim trade, and have one thread that might show accumen in picking bottoms, but as far as I can see, you've ignored the top that the market has made to your own folly, but I don't think anything else should have been expected from you.

 

[hkrahra]

Quote from bwolinsky:

Nice move on the 16807, 2401 came a little earlier.

why not 17711 con bars?

 

[bwolinsky]

Quote from hkrahra:

why not 17711 con bars?

There is no prime indivisible number you can break down into powers for 17,711, and that's why 7^4 and 7^5 particularly are what I watch NQ on in addition to a daily pairs system.

It is not as simple as that, but after hundreds of hours of screen time the power of 7 rule is one to learn, in as much as it is also a way to eliminate non-linearity between price and time, volume contracts are made to follow each other synchronously on their closes.

7 bars will always make up the larger interval, and it is the synchronization of the closes every so often you have to watch to initiate entries rather than relying on one or the other; you'd watch for them both to agree and then take the trades.

Tradingjournals has no idea what he's doing right now, and as far as I can see even though this profitable call is in the black, when it starts to rollover I doubt we will see him even say it's time to get out, and I'm already out at 2259 from 2218.5 at 1 am Monday morning, so he's being greedy letting it ride to 2283.25 so having given up 11 points of upside I am positive this will turn in my program's direction either tomorrow or the day after.

I also know we are unlikely to see him rescind his call before next week at the earliest.

 

[tradingjournals]

Quote from bwolinsky:

Like the exit in the snapshot you're too naieve to understand? You know? The lower high you should be selling right now?

Top is at 2283.25, and not likely to break before the end of the week but more than a lower high it was a breach hh, and breaches aren't as predictable as lower highs.

Since you know nothing about how to profitably trade, as soon as this starts to go down you can make your profit on this sim trade, and have one thread that might show accumen in picking bottoms, but as far as I can see, you've ignored the top that the market has made to your own folly, but I don't think anything else should have been expected from you.

Are you inviting me to sell to you at the top? For that you would first need to be bullish not bearish. I would not be surprised that you would be bullish at the top (not bearish).

The last time I was bearish on QQQ was when QQQ last visited 57.37. It is in my other threads.

 

[tradingjournals]

Quote from bwolinsky:

There is no prime indivisible number you can break down into powers for 17,711, and that's why 7^4 and 7^5 particularly are what I watch NQ on in addition to a daily pairs system.

It is not as simple as that, but after hundreds of hours of screen time the power of 7 rule is one to learn, in as much as it is also a way to eliminate non-linearity between price and time, volume contracts are made to follow each other synchronously on their closes.

7 bars will always make up the larger interval, and it is the synchronization of the closes every so often you have to watch to initiate entries rather than relying on one or the other, you'd watch for them both to agree and then take the trades.

Tradingjournals has no idea what he's doing right now, and as far as I can see even though this profitable call is in the black, when it starts to rollover I doubt we will see him even say it's time to get out, and I'm already out at 2259 from 2218.5 at 1 am Monday morning, so he's being greedy letting it ride to 2283.25 so having given up 11 points of upside I am positive this will turn in my program's direction either tomorrow or the day after.

The post reminds me of poets teaching advanced maths.

 

[bwolinsky]

Quote from tradingjournals:

Are you inviting me to sell to you at the top? For that you would first need to be bullish not bearish. I would not be surprised that you would be bullish at the top (not bearish).

The last time I was bearish on QQQ was when QQQ last visited 57.37. It is in my other threads.

I'm telling you to sell, journals. I'm not going to be buying because my program is short and will cover on a higher low much lower than where we are now, but you can let your trade ride because you haven't ended your trade with any calls, instead choosing to discuss another happenstance event in the Euro right after the Q's turned against you overnight.

So end your sim trade, and you'll get your profit. This is not going any higher, and you've missed the top, so I don't see why you can't look at the screenshots I've already posted, but here it is in case you were wondering what you ought to be doing right now.

It turned short on the lower highs as expected after buying at an incredibly low price early monday morning, unfortunately it held through the bear consolidation period and around the time you started this thread my program showed to be long, but sold at 2259 from 2218.5, and if you aren't taking this out and waiting to re-enter, it's to be expected from you.

Since charts are not something you must be dealing with in your models the screenshot, just so you know, reversed, and also went short, and that much I can tell you is why you should be ending your call rather than obfuscating other threads.

Make your call, buy, sell, hold, and then we'll see where this goes, because holding on such a good day following a breach is not going to end happily and even if you do watch it fall, you can certainly hold long any length of period of time and be proven right eventually, which is probably what will happen if you don't take this as fair warning to sell and go short wrt the call you've made here.

 

[hkrahra]

Quote from bwolinsky:



It is not as simple as that, but after hundreds of hours of screen time the power of 7 rule is one to learn,

no rules.there are 2 much rulez and algos the bots are running on.only events.

no more rock'n'roll there is only pop pop pop music

 

[bwolinsky]

Quote from hkrahra:

no rules.there are 2 much rulez and algos the bots are running on.only events.

no more rock'n'roll there is only pop pop pop music

I'm sorry, but you're lost, and having no sense of your past posting history as a newcomer you should get familiar with the quantitative methods I use, and other succesful traders use.

 

[hkrahra]

Quote from bwolinsky:

I'm sorry, but you're lost, and having no sense of your past posting history as a newcomer you should get familiar with the quantitative methods I use, and other succesful traders use.

as per your chart your q meth is asoldasmygrannyslippers