Why Is The Obvious Not So Obvious?

[IntelliBitz]

Quote from SK0:

Be absolutely clear in your mind about two things:

Price moves up when not enough sellers are willing to transact at a particular price to meet the demand of buyers.

Seller market; observe sellers until as many sellers as buyers.


Price moves down when not enough buyers are willing to transact at a particular price to meet the demand of sellers.

Buyer market; observe buyers until as many buyers as sellers.

Excellent.

 

[Zr1Trader]

I still want to know if those using "the obvious" are using an always in approach or a target approach.

 

[SnakeEYE]

Quote from Zr1Trader:

I still want to know if those using "the obvious" are using an always in approach or a target approach.

I use targets according to the plan,but sometimes i see the price can go beyond the target(volume).In this case i let it go and exit when volume drops and BO occurs.

 

[Mysteron]

Quote from Onra:

Although both charts seem to have the same "set-up" (the close on M. vs the open on T.); YUM moved, but INTC only slightly (especially compared to the jump it made on W.)

I'm confused about the volatility measurements, which might hold a key to their reactions.
TO speaks of ADR; Achilles mentions VIX.
The VIX I could find relates to all stocks and ADR is not a standard on my software or online free charts.

TO; can I use ATR as well and would you have traded YUM rather than INTC?
(or: Did you know on M / T. morning YUM would move more?

Thanks, Onra

Regarding ADR, all the charting software I've come across has not had ADR available as a standard indicator. Some charting software has the option to program your own indicators, so calculating the H-L range and taking an exponential moving average with period 5 should then be straightforward. TC2000 which I use can do that but I don't use it for that. Instead I get the ADR of stocks using my own tools, which are not readily availble, to access yahoo finance end of day data and do the calculations and plots. I seem to recall that TE stated on another thread that he had an Excel program to plot the ADR of stocks. Repeating what he stated openly elsewhere, the important thing is that daily range is at least 50c over the last 30 days. In fact I prefer a minimum of at least $1 since personal circumstances only allow me to trade the afternoon session. Most charting software will have average true range as an indicator, so setting the averageing period as 1 and plotting it below a daily chart would show the true range. Using a higher threshold in the event of gaps, it should then be possible to judge by eye if the daily range is also sufficient.

 

[macattack]

Quote from Zr1Trader:

I still want to know if those using "the obvious" are using an always in approach or a target approach.

I think the point of this thread & those like it is that it doesn't matter at all want some other traders are using.

There are an endless variety of ways to make money trading, so even if someone is successful with an "always in" approach it doesn't mean you can't be even more successful with whatever approach you come up with all by yourself.

Maybe then everyone will try to figure out what you're doing instead of the other way around.

 

[SK0]

Quote from jack hershey:

To get this item straight you look at the DOM and T&S. Each expresses the market's capacity. You can also see the first derivative (in terms of a stat that employs the market's granularity) market velocity.

I am not seeing not so obvious from the obvious. I find difficult to form a picture of what you have mentioned probably due to vocaburary and paled inferences. Here shoot my questions. Don't laugh. Thank you.

Stops are run as long as the T&S velocity is less than the velocity required in the same time, to suck in all of the limit orders on the walls of DOM and the dark pools.

Are stops the large visible resting limit orders? On sentiment or opposite side? What is the purpose of stop running by the rich Generals? To break out the support on long sentiment or resistance on short sentiment? Or to suck the support or resistance orders and then bounce back for dominant opposite sentiment move? What is the picture of "T&S velocity less than the velocity required in the same time"?

You do have a leading indicator of when the generals start failing to do the stop running you really aren't seeing (but think you are)

How could Generals fail? Although most of them contribute to the filhty-rich success of far fewer smart Generals, they still have deep pockets from OPM and are accepted to be medicore by industrial standard.

At any wall on the DOM, watch the velocity of the opposite side grind to xero faster than the velocity of the T&S.

Faster due to pull out by some Generals?

The genrerals are playing three games. Each and in combination is bigger than the velocity of the T&S.

I believe that two of the games are add and pull. I am curious why some Generals love to play them. I am sure they are not funky, thrill seeking. But they are benefiting other no-show snake-eye Generals except themselves.

What is the third game? Morse code in DOM and T&S with other allied Generals?

There are about 10 to 12 of these types of leading indicators of the Generals.

 

[Onra]

Quote from Mysteron:

Regarding ADR, all the charting software I've come across has not had ADR available as a standard indicator. Some charting software has the option to program your own indicators, so calculating the H-L range and taking an exponential moving average with period 5 should then be straightforward. TC2000 which I use can do that but I don't use it for that. Instead I get the ADR of stocks using my own tools, which are not readily availble, to access yahoo finance end of day data and do the calculations and plots. I seem to recall that TE stated on another thread that he had an Excel program to plot the ADR of stocks. Repeating what he stated openly elsewhere, the important thing is that daily range is at least 50c over the last 30 days. In fact I prefer a minimum of at least $1 since personal circumstances only allow me to trade the afternoon session. Most charting software will have average true range as an indicator, so setting the averageing period as 1 and plotting it below a daily chart would show the true range. Using a higher threshold in the event of gaps, it should then be possible to judge by eye if the daily range is also sufficient.

Thanks very much, Mysteron!
Cheers, Onra

 

[baron193]

Well i think i should say a big thank you to all the experts, oracles
and all round gurus for reminding me of how stupid i will be if the obvious does not become obvious to me very soon.

I looked in to the mirror and found this wart i didn't know was there, and it all became obvious there and then, like one of those funny pictures you have to stare at for a long time before you get it (not to mention my penis could with an extention).
Ohh and i also realised that with all that fibonacci rubbish in my allready corrupted mind i will remain in the 68.2% or 78.6 or even 88.6 of the dreamers that flood there forums, boy i wish i could make a poem out of all this, it would give me more cred and i may even belittle the fools lower in the feeding chain than me.

 

[The Oracle]

Quote from baron193:

Well i think i should say a big thank you to all the experts, oracles
and all round gurus for reminding me of how stupid i will be if the obvious does not become obvious to me very soon.

I looked in to the mirror and found this wart i didn't know was there, and it all became obvious there and then, like one of those funny pictures you have to stare at for a long time before you get it (not to mention my penis could with an extention).
Ohh and i also realised that with all that fibonacci rubbish in my allready corrupted mind i will remain in the 68.2% or 78.6 or even 88.6 of the dreamers that flood there forums, boy i wish i could make a poem out of all this, it would give me more cred and i may even belittle the fools lower in the feeding chain than me.

when u look..into the book
know for sure..that all is pure
some will try..to shift your eye
those who know..will make it grow

never fear B193..for all u need to do is change the way u think..remember

i can still say with all honesty..that the few mentioned are just worth reading..the rest who appear..well..will soon disappear..just wait and see..for it is so predictable..just the way things are

never forget..u must learn how to quickly distinguish between those who know what they are talking about..and..those who do not

never be afraid to tell those who waste ur time..to fuk off..as they are actually costing u money..even though u might not think they are!

the world is full of idiots and assholes..just don't get involved with them or u will quickly become one of them

TO

 

[The Oracle]

Quote from Zr1Trader:

I still want to know if those using "the obvious" are using an always in approach or a target approach.

ZT..price can only do 3 things

1. move up - buyers exceed sellers
2. move sideways - buyers equal sellers
3. move down - sellers exceed buyers

u do not want to be in a trade when buyers = sellers

why so because?