Why do people use Volume, Range and Tic charts?

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Quote from marketsurfer:

i just want to save someone years of going down the wrong trail. thinking about sizes of charts , etc is not proper thinking.
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But Surf what is wrong to you is a learning curve to others.

The bottom line is, that there is only the bottom line.
Either you are consistently making money or you are funding someone elses operation.

If I were to show you my style of trading you may well think that it is simplistic and somewhat crude and no doubt you may well suggest to me to give the price a little wiggle room and let it run.

Now that is precisely what I will not do.
And so my style is at loggerheads with many of my fellow learned Traders here on ET, but I seriously doubt anyone will criticise my bottom line.
 
Quote from tyler19:

How do you determine the hh ll points?
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Those are Prime price oscillation points and are labeled in real time and are taken from the next fastest chart increment. See the beginning of the thread to see the parameters of my chart layouts. I call it nesting or perfect squares. Each chart is 7 times the speed of the next. This gives one a solid visual grasp of every oscillation in-between the extreme oscillations in price as it moves in any market but more importantly, the strength of each oscillation.
 
Quote from fearless9:

But Surf what is wrong to you is a learning curve to others.

The bottom line is, that there is only the bottom line.
Either you are consistently making money or you are funding someone elses operation.

If I were to show you my style of trading you may well think that it is simplistic and somewhat crude and no doubt you may well suggest to me to give the price a little wiggle room and let it run.

Now that is precisely what I will not do.
And so my style is at loggerheads with many of my fellow learned Traders here on ET, but I seriously doubt anyone will criticise my bottom line.
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thanks, fearless. well said--i have no issue with whatever works for anyone. i simply prefer methods that are testable and have an edge. odd sized tick charts and the like are not testable nor have any type of edge. there is nothing wrong with subjective trading, just understand what your doing.

best surf
 
Quote from marketsurfer:

. . . i have no issue with whatever works for anyone. i simply prefer methods that are testable and have an edge. odd sized tick charts and the like are not testable nor have any type of edge. there is nothing wrong with subjective trading, just understand what your doing.

best surf
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Sure you do. You have an issue with what works for me or any one else that views the market under strict parameters.

And you do not understand how the chart increments (they are Volume Bar Charts by the way and not Tick Charts) [you can't even get that right], or the parameters that create them show direction or strength so YOU CAN'T TEST WHAT YOU CAN'T COMPREHEND, LAYOUT OR PROGRAM.

Personally I like objective trading to subjective trading but then you can't define that either.
 
Quote from marketsurfer:

thanks, fearless. well said--i have no issue with whatever works for anyone. i simply prefer methods that are testable and have an edge. odd sized tick charts and the like are not testable nor have any type of edge. there is nothing wrong with subjective trading, just understand what your doing.

best surf
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hey surf buddy how you do'in?

hope those shorts are finally come'in for ya, me i be trade'in the oscillations on the shorter scalping time frame.

why?

well, i need to build up capital, because i'm also observing 6 different markets (spread across the currencies, interest rate, metals, energy and the financials) where I'm using ProfLogic's methods as laid-out in this thread and recording win after win (hey not for noth'in I got the idea from those rows you and he used to have back in the day) - but I'm a need about 50G's for that game.

LOL, I should send ProfLogic a token dollar for his teachings.

Jimmy Jam
 
Quote from JimmyJam:

(hey not for noth'in I got the idea from those rows you and he used to have back in the day)

Jimmy Jam
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You remember, right Surf?

Where you'd be Long a Currency Pair, and ProfLogic would come by and explain why your position wasn't going to work, and then your stop would get hit, or you'd bail? The same thing with the Financials (YM) and energy (Oil) ... over and over again? ... Remember :confused:

Yeah, well, that's because he was looking at the Swing/Position frame and he knew how to read price action consistently, and he also knew how to cover if the move needed to be aborted (always at minimal losses)
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So I figured why don't I just kick in the metals (man oh man ZG sure did make a nice move, now didn't it?) and a little interest rate derivative (to kinda ad a little spice in to the mix, ya know?), and I'd be set.
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Last but not least, NOW might be a nice time to cover those Shorts that you've gone all-in on.

Jimmy Jam
 
Quote from JimmyJam:

You remember, right Surf?

Where you'd be Long a Currency Pair, and ProfLogic would come by and explain why your position wasn't going to work, and then your stop would get hit, or you'd bail? The same thing with the Financials (YM) and energy (Oil) ... over and over again? ... Remember :confused:

***
Last but not least, NOW might be a nice time to cover those Shorts that you've gone all-in on.

Jimmy Jam
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actually, i dont remember.

we nailed the oil top after several trys and untill the last 6 months have been highly effective with the YM.

Presently, the long oil trade is working nicely and the YM short is being held.

sure, i make mistakes and bad trades---its what this game is all about.

proflogic had a perfect track record posted on his site for years, now JJ you dont really believe it, do you?

happy you learned from the discussion!

best wishes,

surf
 
Quote from ProfLogic:

Sure you do. You have an issue with what works for me or any one else that views the market under strict parameters.

And you do not understand how the chart increments (they are Volume Bar Charts by the way and not Tick Charts) [you can't even get that right], or the parameters that create them show direction or strength so YOU CAN'T TEST WHAT YOU CAN'T COMPREHEND, LAYOUT OR PROGRAM.

Personally I like objective trading to subjective trading but then you can't define that either.
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Your trading is subjective within your parameters-- as is everyone elses who is not strictly mechanical. stop obfusicating for marketing purposes. wake up and smell the coffee. is your method programable?, if not its subjective.

surf
 
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