Volume

Sorry I didn't get to edit the posts as much as I would of liked. Also I tend to shy away writing my theories as it is my worst writing.

If on the off hand you need explaining let me know.

I have been pulled back to creation mode. guide me back to learning if I should not be here ASAP

thank you .
 
I find this very interesting reading.

Are you mainly waiting for a lull in volume and when you get your lull, trading in the direction of bigger concentrations within the order book? Or one step further, waiting for the lull, then a secondary increase in volume and following the trend?
 
Noob question: since a market order circumvents the FIFO book, do two opposite simultaneous(ish) market orders fill eachother, or do they fill the next in line limit orders already in the book on their respective sides?
 
Quote from Redneck:
Except in the mkt, price movement is typically a very well choreographed follow the leader – where the leader is doing the opposite (at key points) from what it appears


Why or how do they determine these key points? Before you say it doesn't matter, just follow price...it does from a technical viewpoint next time its revisited (what to anticipate is next and WHY).
It was created for a reason, and the one prior was created for a reason, etc...what factors might be at work - open interest, put/call ratio, stops etc. Support and Resistance is a sort of area of liquidity for them sometimes, other times the exact opposite. But they are 'holding' the market at these points for a reason, because they must feel supply or demand will dissipate once it's broken...


Quote from Redneck:
This axiom holds across all the times btw (and I don’t mean time frames – be they chart or otherwise)

Also, Fractals are not time frames


Could you explain 'times' further? How do we begin to view a chart outside the constraints of timeframes (which we can assume are being used against us)? Tick charts?
 
The "chart outside of time frames" I'm about 99% sure that he means that you should look at only price and volume on the chart relative to the other price and volume readings of that same chart, regardless of whether it be a 5m or 1h chart or whatever the time period may be.
 
Quote from Xspurt:

Saying Time is NOT a variable results in the same breakdown in performance in trading as is seen in any other application where time over distance over space is involved. If such a belief system was applied to modern science we would not have our modern communication system and GPS wouldn't work.

If Time was not a variable, linear price cycles would be reliable. The reason they fail is precisely because time is not linear and it is because the market is not 2 dimensional that Time has to be a variable. Without understanding that reality the market structures appears to Fail To Traverse.

The FTT is the gap in your thinking caused by misunderstanding time proving you're stuck in backward CW thinking in a modern age. Almost all traders think in linear time structures and this causes you to work too hard on structural dynamics when the market has hidden natural structures where understanding the time variable is the key to revealing these structures.

Volume works best in structural settings and your CW approach has over complicated the natural simplicity of market movement and timing. If there is a proper foundation, such a concept can be taught in 3 days in a single 60m session per day. Thereafter it proves itself intraday everyday many times.

I understand where you are coming from - it is the same place we all started from with CW linear thinking. If you studied Hurst you would be better able to understand why distortion occurs in any movement and then you only need to add in the Time variable to see the structure using a slightly more developed method than you now employ.

You've been knocking at this door for years. Isn't it time you developed your thinking a little more and opened it?

Thank you for stating your beliefs.

Time is part of science as you say.

My plea was that time is not part of human psychology, not part of Behavioral Finance.

As you say distortion occurs in any movement you and Hurst view or observe.

I feel that by using a Parametric Measure that has magnitude and direction (a vector) that I have removed time.

I measure only defined events. My set of events elements is complete and exhaustive (56). I have three levels of groupings (10, 11, and 35) which in turn are further sortable. (the 35 forms ten sub groups)

What you call parts of markets are structures.

I feel my defined market system is dynamic and it is exhaustively defined as five concurrent wholly defined streams)

Finally, you perceive I have problems and these have fixed me in a place in the past. It is not my job to point out to you the details of where your yard stick you applied to me has short comings.

Currently, I am trying to find a basis for conveying a few quarters of my trading calls and results to the public. So far I am still asking for advice on how to present a record that could be understood in terms of the CW.

My unsuccessful plea to the OP was to think rationally and deduce a system. I reasoned that I could export to him, a reasoning process. I failed.

I have sat with persons of high intellect in many fields. I could name many individuals that could just spend one session and complete the transfer of the facts that I use. From that point on, they could transform these facts into a complete working facile long term memory that would enable their continuouus real time perception of the market's operating system. "The fully differentiated mind".

I offered the OP all the sheets but one. He had to produce the former sheets to create the last sheet; the interlocking fractals based upon Mandelbrot. He did no work nor did he post his work.

Thus the OP proved he was not one of those people; nor are you as you just proved. It is not important since either way, nothing important would have happened except tranference of a system.

Human nature will not change. Within this master set of characters, there is a distribution that the record shows to be normal. This distribution is capable of differentiating all the types of humans.

At maturity, a person distinguishes himself by his relative characteristics. Decisions along the way determine consequential characterisitcs. They are not erasable.
 
Quote from kjones5159:

Noob question: since a market order circumvents the FIFO book, do two opposite simultaneous(ish) market orders fill eachother, or do they fill the next in line limit orders already in the book on their respective sides?

yes.

On OTR charts, you can observe this and make use of it in powerful ways.

The DOM gives you the context. T&S gives you the market order transactions. Their flow shows as a pattern on the OTR display.

If you add a referential value, called the Premium, then you can make a display that shows how the T&S is under the control of those who produce the current overall market sentiment.

If you wish to see the mathematics of this it is on several platforms under the invention's name "Stretch/Squeeze". As a leading indicator of price, you have about 20 to 30 seconds of lead time. The waveform of the formula envelope is a fourth degree polynomial in continuous function analysis. This means that you have a longer term leading set of indicator signals than the last signal.

Another simple indicator which has deriative measures using angular velocity is the "pinwheel"; it is composed of three MLR's (various durations). their triagular intersection serves as a focal point for relative angular measures and simple slope measures.

The construct "pinwheels" is a leading indicator of sentiment. Market inflection points are also emphasized.
 
Thank you , I will look in to all this. I will put aside my interesting theory and redirect myself. A bit of sleep proved useful, I will take posts more at face value and not assume their meaning is hidden just because I do not understand.


Sorry for the diversion in my head spilling itself here. Today I will be out of the house for a bit. Sleep ? out ? maybe I am a mortal.
 
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