Patuca

the "hidden" knowledge of misubishi...ok how much do you want to reveal this knowledge? moderator please put a big golden C under mitzy handle... now mitzy if the last sentence were true you wouldn't have blown 6 accounts (per your own words) and you certainly would not be on a forum debating with the likes of patuca...why you would be so filthy rich nobody could get you clean again...why you could stake everyones account on TL...if you are such a nice person..why don't you just do that? vibrations .......come on ...give me a break...... ps mitsubishi's new handle is "the revibrator" :missy:

whats that? did you say vibrations mitsubishi? TA just got rescued from staggered time frames and now we have to deal with VIBRATIONS? what is wrong with you people? mitzy get rid of the emini cooper and get on a harley you'll get all the vibrations you can stand. you say no God? i suppose all your common sense vibrated right out of your head.... one day you WILL change your mind.........

mitsubishi already does that

LOL mr horseshoe...take two alka seltzers and you will be back in the saddle again

LOL it ALL is. :haha::haha:

LOL seems like I've heard that line before. :haha: your mathematical equations are safe mitsubishi..trader1 made sure of that after i kept pushing for answers. the concept of staggered time frames could have affected your calculations...we couldn't let that happen now could we?

your understanding in the post you referenced is noted..at least you didn't throw out the close as meaningless but why should we give the glory of saving TA to ET?????:cinema:

:bang head: thank you mighty mouse. this is all i needed to hear. it was starting to get plumb embarassing...knock my head against the wall and spit out my tobacco :bang head: :embarassed: :embarassed:

mitsubishi why do you sleep at the most important times? this is monumental and trader1 has preserved TA for many many generations....cheers TA is safe! :cheers: :cheers:

i could say something about staggered time frames here being a monkey wrench but I won't say much (high with lower highs..etc. whose mine or yours?? ..etc....). gotta jump adios

thank you sir/madam :applaud: ..you, with your answer, have singlehandedly rescued TA from utter annihilation. :applaud: :applaud::applaud:others may not see it, or believe it, but you, sir have preserved TA for posterity..stop by the desk and mistsubishi will have your award in hand to give you. captain bob will take you fishing on his boat..i, sir salute you. time for a moto ride...i am outta here

but if grandma figures the computer out and puts up a 5 minute chart of the ES and mr horseshoes does the same WILL they be looking at the same data and same bar formation? i could care less if they are investors or traders or what they do with what they see. that is their business. but will they be seeing the same OHLC? that is all i want to know.....please answer quickly..thanks

agreed that is all any of it is..but again the point is ARE we seeing the SAME data at the SAME time?

is not the high and low one of many transactions likewise the open and close too. they only become such when a certain time frame is chosen to display the PA for that time frame but to say the open and close aren't from the exchange is to eliminate them from the data feed. they are ALL from the exchange but only become what they are (OHLC) when a time frame is put on them. the high of a 5 min chart may be the open of another TF chart. but they are all equal valid data points and they all are what the exchange sends. they are all just transactions..period.. they only become OHLC as they are fit into different time frames. so..in this sense they (OHLC) are all equal..all valid..all useable data.

yes i get you..but the LEVEL is there is it not? that is my whole point are we all viewing the same data or is everyone "seeing" different data depending on when they logged in? what each trader does with the data he/she see is a different topic and not even my concern here. my argument is that we are all "seeing" the same data and the same chart formation for that time period. and that data will reflect support/resistance levels,,chart patterns,OHLC..etc. i could care less what one does with what they see but we have to all be seeing the same thing or ...TA meaningless..another argument (that it is indeed meaningless) that others would also espouse.

you can get 10 different opinions and many approaches..etc but as an example if you are trading a system that involves trading off of support/resistance levels which can be seen by most anyone then are you saying it doesn't matter at all what those levels are on traders charts? are you saying there is NO REAL empirical support or resistance level. that such levels only exist as ones chart draws them up. they are a figment of the chart's imagination? that there really isn't a level that is called support/resistance and that said REAL level is what makes the chart what it is? If these two levels are relegated to the "chart" inventing them and THERE is such a thing as staggered time/price for the same 5 minutes chart time frame selected then support/resistance simply becomes whatever the chart draws. you could show a double top..i a triple top..while henry shows a cuadruple top.....etc..etc. I think there is a real place and time that support comes in. same with resistance. and that they show up on any 5 minute chart as being there. i further believe it is there for all traders to see it. it is not an invention of the chart. it is the chart reflecting reality. i think all traders on a 5 minute chart are in fact seeing the same data AND the same bar formation. how they interpret that may be different. i question the theory of staggered time/price. frames. does it even exist? i don't think so. for instance if I log on at 10:00 a.m. to the ES and put up a 5 minute chart and you log on at 10:03 a.m. and put up a five minute chart i think we would be looking at the same data. our bars would appear the same. because it is the exchange that is putting out the data and my platform and yours that would be grabbing all the data relevant to 10:00 am to 10:05 a.m time period regardless of when we each logged on. as soon as you got on you would see the data that had corresponded to the last 3 minutes. since i had been already logged on for 3 minutes i would see the same data as you..same bar formation...etc. i don't think this concept of staggered price/time exists for the same TF under consideration. this would do away with all empirical data to make calculations from...to pick out setups...to see chart patterns...etc...it would be doomsday for TA houston..we have a problem..our many clocks run on different time frames (supposedly)than yours...please reset them all so they will be synchronized.

if you are intraday trading on 5 and 15 minute charts what about where a bar closes on a 5 minute chart or 15 minute chart. is that important? is the OHLC of the bar important?...a mr al brooks thinks it is? ole windbag why? thinks it is. session open and closes are important if you are trading via daily charts..etc... and also have implications for intraday trading...etc but what about pure intraday off say a 15 minute chart. is the OHLC important in this latter? would it matter if 20,000 traders are looking at the same 15 minute time period chart but they are seeing staggered price/time data on that same period 15 minute period and as mr horseshoes says can even have different highs/lows and most certainly different closes. is this not throwing a monkey wrench in the whole scheme of things..please see my picture to the left

plus throw in the concept of staggered time frames and even the market makers...and algo's wouldn't know where to gun the stops as they would be all over the place so thinking you could keep your stop out of their reach ..well...it wouldn't work....

houston..we have a problem

what does that do to mitsubishi famous perfect mathematical calculations if he is taking measurements off OHLC because "they are the sure data" per mitzy. hows does his math work then? how would fibs work then (some would say they don't:) but mr racette makes a living using them ..so they must work at least a little bit)? the market would have to be completely fractal at all levels and on any point. if 20 traders can't look at the same 10 minute chart on 20 different computers and see the same triple bottom forming then we are throwing darts in the air... if staggered time frames can exist on the same period (say a 15 minute chart) then how does that happen? as mr shanghai (i think) said how can that be?

sh?t bang my head against the wall and spit out my tobacco.. you would have one support line at one level and i another and the thousands of traders all having different support lines all over their charts so where is the REAL support level at? what about flags..pennants...triangles...and other patterns. what about double tops..double bottoms...wouldn't mine be different from yours..to me this would make TA nonsense.

so are you a fundamental trader not TA trader?

that right there is my whole point. it does. the exchange in essence sets the 5 minute chart (or any other time frame..10 minute..15..min) because they set the start of the stream of data that is ongoing throughout the day. so everyone has the same data..same time stamp as you put it ...right? so then how do we get staggered 5 minute charts such as joshdance and mr horseshoe discusses. maybe i fell off my moto and bumped my head but i still don't get how i could be looking at one 5 minute chart and mr horseshoe another. how could these sort of staggered time frames exists? it seems to me my 5 min chart it isn't dependent on when i log on with my computer but it depends on the exchange. don't we all get the same exact info from the exchange? if so, shouldn't all have the same 5 min..10 min..15 min charts...etc....?

mitsubishi should know about this as he claims to have blown 6 accounts. even now he holds through drawdowns that could shrivel many trader's up like a prune. but since he likes to spread bet gambling must be in his blood.:haha: he may take issue with the words "ONLY control" and mandatory..

you only need stop losses if you lose. read TRO "never lose again" thread then you won't ever need another stop loss:haha::haha::haha: