Why Is The Obvious Not So Obvious?

[The Oracle]

Quote from PushPull:

Put up a chart to see,
any time of anything,
Then you will see,
that all bars be
small or large and bend,
like a river stream,
to bank your purpose is,
a large bar that is to be,
with the small bar risk
that already is.

Hi babe!.
Goodbye babe!.
Move this to chit-chat.
This thread is over. The secret is out!.

Would you please be so kind TO, send me the magical excel file that everyone is wondering about?. PLEASE?.

ps: You are the greatest.

only if u promise to kiss my arse 5 times and then wash ur hair in the bucket of shit

 

[The Oracle]

Quote from macattack:

The S may be: Big Size

I don't even have a guess on the other 2 clues.

size is correct

think about what u are looking at..and how the 1 min bar moves when looking at a chart

u are not LOOKING at what is actually posted..u must learn to LOOK at what is actually there..the reality..not what u think might be there!

so..do the third one first..for that is easier than the first..LOOK!!!!!

 

[The Oracle]

Quote from poland:

Thanks Redneck for sharing....

TFF i was thinking The Famous Five???

NY..TG..MC..TE..and.........TO

or is TO=RN..damn..now look what B193 has started..going and confusing people..as if trading is not hard enough to master

 

[The Oracle]

now looke me..what do i see
is that a lot..inside the pot
for when u look..into the book
be sure to see..what makes it be

BR is right..of course hindsight
but see it fore..it thru the door
is not so straight..for those who wait
open ur eyes..reach for the skies

and know u this..just like a piss
can flow so fast..as do big mast
before u jump..over the hump
map out ur plan..like one sound man

for those not small..who know it all
i say to thee..fuk off so be
for one thing sure..and it so pure
a fool can win..if keep straight chin

we help the few..old and the new
who like to see..what it may be
so when u think..what in the ink
there is no bliss..when OBVIOUS

5040 4450

 

[xburbx]

Question about that chart. Are the generals present? I'm going to take a stab and say yes.

 

[macattack]

Quote from The Oracle:

size is correct

think about what u are looking at..and how the 1 min bar moves when looking at a chart

u are not LOOKING at what is actually posted..u must learn to LOOK at what is actually there..the reality..not what u think might be there!

so..do the third one first..for that is easier than the first..LOOK!!!!!

Ok, how about Big Size & Color Change?
I don't have an answer for the first one yet.

I set my CL (Oil) time & sales to a size filter of 10 the past couple days which I thought was fairly small. I was surprised how few prints there were of 10 or more contracts. Can the big guys disguise their big trades & make them come across as 1,1,1,1,1,1,1,1,1,1 instead of 10?

If they're able to do that is there still a benefit to time & sales?

 

[bogan22]

Quote from The Oracle:

well B22..looks like u have just turned on ur stealth radar

No.1 is risk control..practice that and u are way ahead of most who try

No.2 is experience..practice that and u are way way ahead of most who try

No.3 is specialization..practice that and u are way way way ahead of most who try

No.4 is kindness..practice that and u are way way way way ahead of most who try

u sound like a level headed person..so..u should have no problems if u do not get carried away when u start making some money

have u decided what market may suit u best to try out?

TO

No. 1 No problems there in my investing. If anything I'm a little to timid. The heat of ST Trading may prove more challenging.
No. 2 Malcolm Gladwell says 10,000 hours to master, unless you're totally incompetent. I figure I can spare 2 hours per day concentrating on short term trading. Thats 5,000 days, I figure I've got 10,000 days left in my life. Big commitment.
No. 3 In market, instrument, setup or all three? All makes sense.
No. 4 Kindness to myself, and others. I've already thought hard about my mission in life so the latter is covered. The former needs some work from time to time.


I like that you used the word "when". Getting carried away is a problem I have suffered from when younger, when I used boy thinking, so I've thought long and hard over the years about that one. My thoughts are to concentrate on risk/reward rather than absolute dollars. My investigations show we really need a minimum risk/reward before we can start to be confident we can survive all the market throws at us. I won't increase position size until my minimum criterea is met. And, use a cash not a capital perspective on ST Trading.

Markets, well, I live in the asia/pacific time zone, so I can catch the last two hours of the NY markets in the morning, alternatively, I can catch the European openings from about 6pm onward. NY and TE, have put forward very valid reasons to concentrate on the big liquid US stocks, but I need to do some homework here. I do feel more comfortable with equity instruments. Need to do some solid planning.

Thanks for your comments.

Regards
The Bogan

 

[ScoobyStoo]

Quote from macattack:

Ok, how about Big Size & Color Change?
I don't have an answer for the first one yet.

I set my CL (Oil) time & sales to a size filter of 10 the past couple days which I thought was fairly small. I was surprised how few prints there were of 10 or more contracts. Can the big guys disguise their big trades & make them come across as 1,1,1,1,1,1,1,1,1,1 instead of 10?

If they're able to do that is there still a benefit to time & sales?

Beware.

The CME and some other execution venues can and do aggregate/split transactions before they disseminate them through their market data feeds. The upshot is that the prints on the tape do not always represent individual transactions. When analysing transaction size you need to look at a sample set rather than discrete prints.

 

[rossky]

Quote from The Oracle:

[B

[/B]

TO,

Is it a valid concern?
That the line may turn into a blur
Because of those who like things to stir
And I will be out so often
And risk mine will not be that small anymore...

 

[Mysteron]

Quote from The Oracle:

now looke me..what do i see...

5040 4450

So trend followers probably see the yellow lines, while possibly missing the actions that drive those trends. Also, not marked on the chart I see some periods of exponential recovery where price rises rapidly, then slowing as a level is approached and often followed by a retrace before continuing.

The two numbers 50.40 and 44.50 are possible high and low targets/levels for the next few days.