Why Is The Obvious Not So Obvious?

Quote from Vienna:

...for illustration, a chart with completely meaningless lines on it...:-)

http://screencast.com/t/VEtVOF6dU

regards,
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Since I am using volume and there were many questioners of Bernanke doing 5 min stints. I logged each five minutes by the new topic (news) each speaker introduced.

Bernanke only was short.

Libor (Menendez) took it long, etc, etc.....

This was a news day and the volume "reacted" accordingly; I did front run it though.

Bernanke will be "news" tomorrow as well.

I went back and read this thread from the open today, etc.

It is easy to understand that I have a technical, scientific and behavioral science vocabulary. I do trade on volume (people) as a leading indicator of price.

I feel that the markets as I see them do generate a vocabulary and that vocabulary can be used in the English language.

Occasionally as has been shown I do switch to the CW vocabulary and this has made it easier for the more neophyte types to read me.

It Trade management, the forum this thread is in, it is vey important to always remain on the correct side of the market for the trading fractal you use. Any ractal shows at least three interlocking nested fractals.

In trade management, the CW orientation is UP/DOWN; in other paradyms where logic is used instead the market is Right/left oriented ALWAYS to express dom/non dom sentiment. CW PA trading does not have that luxury.

As is known in CW, options are lagging indicators. This means price can be used as a leading indicator of options.
 
Quote from river:

Thank you for today's reversal bars.

Do the typical volume tendencies at the end of the day affect your MADA at all? That is, bar 79 typically has decreasing volume and bar 80 typically has substantially decreasing volume and bar 81 typically has significantly increasing volume. How, if at all, does this factor in your MADA process?

-river
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Very good question.

All these bars have a huge impact on the open.

big money does not take all its capital out during the overnight session. All of investing is in overnight as well

Today the long on bar 74 provided the background for the relative volume category assignments coming into the end of the day.

The margin change ALWAYS precipitates a one peak advance in the pattern on bar 78. Today there was a peak 2 in place as of bar 77. from bar 74 it was a typical P1 to T1 to P2 OOE.

this meant that bar 79 became the "assigned" P1 of the short. A T1 followed on bar 80.

finally, after degapping bar 81, the bookmark finally hit it late in the bar.

as we talked earlier, the bookmark "resets" all data records (Think of coding in SQL, etc.). It is a human reset as well, and special records are used to get through bookmarks quickly. (treat them as a sub-fractal (last one)).

So bar 1 tomorrow is the second bar of a trend long. Not many trends end on the second bar.

There was also a bookmark on bar 68.
 
Quote from Mysteron:

Is it true that JH is a tax lien?
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Some Jack Hershey somwhere probably does.
We don't even know if Jack Hershey is the real name of this person. People usually have a fake name when posting on internet forums. I doubt that Jack Hershey is really "Jack Hershey". :)

Anyway I think the Jack that posts here knows a lot of stuff which is obvious from reading his posts.......................blows my mind sometimes how much information he can churn out & how many facts & figures he knows. Pretty amazing actually. I'm thinking he must be a genius.

But I think he also has some kind of disorder like bipolar or manic..................look up "pressure of speech" or "manic writing" & you can find examples very similar to the way Jack writes. I don't mean that as an insult or anything...........just an observation.

I'm not sure if he can trade well or not, but I don't have anything negative to say about the little bit that I do know of his method. Seems fine to me, at least the minor part which I sort of understood. :)
 
Quote from macattack:

Look at these posts from "Jack" made 8 minutes apart.
The first one is riddled with grammatical errors;
the second one is almost perfect.

POST FROM JACK
6-24-12
12:23 PM

Thank you for your attention to detail. My post was correct and how I did the MADA using a system.

This means to open on tomorrow (25JUN12) is short on bar 1.
you're probably trading on the next faster fractal which is mor profitable still.

Just s a footnote, there are some people here who think that, in the past, there are no references to calls being made. these people are just expressing and erroneous belief probably based on thier lack of attention or lack of search skills. Periodiically I et these people straight by referring to very good sourses they can use to coerrect their erroneous statements. Now they can just go to my posts that previously corrected their statements.

For moderators, it may be a good idea to delete these erroneous posts that keep slipping into threads.

Anyone can set up an Excel and put in bar infomation on each bar mentioned. your objective is to use the data however you wish to extablish a baseline of how to measure trading performance. From enough data points you can determine how to estimate and fill in the variables of the compound interest formula. This formula is used to understand better how contracts are added to a system in order to grow capital.

***************************************************

POST FROM JACK
6-24-12
12:31 PM

The opening post states an erroneous factor in the use of the Cash Cow. The Cash Cow operates form leading indicators of price on an intraday trading fractal.

Others have pointed out that the data and results are screwed up.

The theory foundation of the Cash Cow is how to trade a two line indicator.

The indicators were formed using the six cases of the two line indicator.

An example of a misuse of this indicator system is the SPM. The author of SPM did not use any of the six cases to determine his signal for SPM. He could not accept any input on how to make SPM perform on an effective or efficient level. So SPM disappeared from the landscape.
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sorry it took so long. I'm an older person.

And my posts have intellectual property content (this means there are interrelated facts involved).
 
Quote from Redneck:

Just a thought….


Trading is about making money my friends…., protecting our capital first… then making money second

Some traders would say it's the other way around. Think about making money first, then worry about protecting your capital after you get in. It's a more positive way of looking at it. Instead of focusing on losing you focus on winning. A golfer looks at the green, not the pond, when hitting over water.

=================================================


Any one take the time to bust hersey’s commentary down, while looking at the chart – just to see if there was anything you could use….

I've read a very little bit of his writings & looked at some charts. I can't say anything bad about his method from what I've seen. It may have even given me a couple minor different ways of looking at chart.

==============================================

MAC – my apologies to you Sir… but I still can’t stand passive aggressive…

You want to call me out…. call me on something… or question me – simply look me in the eye and do it – please

In my book, simple honesty is always best

I don't know if I'm passive aggressive, but I'm honest. I don't think they have anything to do with each other. Sorry you have a problem with an aspect of my personality. That's just how I am, and I'll stay that way until I feel like changing. Don't really feel like it right now. By the way I don't much care for your "whatever the opposite of passive-aggressive is". Just kidding...................I really don't care. I like you just fine. Happy Trading !

RN
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Quote from jack hershey:

sorry it took so long. I'm an older person.

And my posts have intellectual property content (this means there are interrelated facts involved).
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Huh????
Anyway, never mind about those posts.
Just a crazy conspiracy theory I came up with. :)
Good luck with your trading !
 
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