Trend Following dying?
- Thread starter JezLiberty
- Start date
Quote from Mr_Black:
here is a live call for you
times are chicago,
at 09:58 and 10:06
both times it looked like red bars with higher volume,
signaling the ftt. how do you determine, while doing
real time mada, that it was not ftt?
the actual ftt was at 10:16, the green bar, correct?
the larger red bar at 10:12, on larger volume, is similar
situation, in real time it looked like the ftt, to me.
in general how do you determine if the ftt signal is
'too early' and the may be close, but not there yet?
@ Mr. Black:
Thank you for the plain english explanation above the hieroglypics.
I take it this is some kind of " dynamic channel break out" system? I note the channel widens on the chart with price--- Do you use stops and if so, please advise where they are placed.
Best,
TINS
Thank you for the plain english explanation above the hieroglypics.
I take it this is some kind of " dynamic channel break out" system? I note the channel widens on the chart with price--- Do you use stops and if so, please advise where they are placed.
Best,
TINS
Quote from Mr_Black:
target hit
http://www.elitetrader.com/vb/attachment.php?s=&[/B][/QUOTE]
@ mr BLack
How is the widening of the channel determined? In your first hireoglypic price had pierced the lower channel which appears to have triggered a short. In the second, same price/time had has not pierced the lower channel line therefore the channel is dynamic thereby making it meaningless unless you can lay out a solid explanation outside of my realm of knowledge.
TINS
PS. in addition, do you use stops? if so please post in plain english where.
Jack,
When entering a non dom of a dom(3rd) of the first dominant . . . dom container I would soon look for change, but in the bigger picture I am still holding
throughout the next non dom of the 3 part to build a completed dominant move and this requires a return to dominant and finally looking for change in the final dominant
of the final dominant after identifying the non dominant of this sub dominant move.
is this correct ?
Thanks
When entering a non dom of a dom(3rd) of the first dominant . . . dom container I would soon look for change, but in the bigger picture I am still holding
throughout the next non dom of the 3 part to build a completed dominant move and this requires a return to dominant and finally looking for change in the final dominant
of the final dominant after identifying the non dominant of this sub dominant move.
is this correct ?
Thanks