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elovemer

Market Wizard
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Everything posted by elovemer

  1. ... let me know when you are ready.... ... this thread is toast....
  2. wow that was easy .... .... ... ...
  3. l 874.5 ... paper only ... 3 pnt stop on 883.5 ...stopped...
  4. hey mit, ...why don't you start a rule of ten journal .... that might make an interesting journal....as well .... i would be interested in a journal based only on rule of ten
  5. .... see what i mean ? .... that particular poster was Blowhard.... ..... welcome back... good luck trying to get this thread going again..... .... personal posters dominate here.....
  6. ..... welcome back... good luck trying to get this thread going again..... .... personal posters dominate here.....
  7. ......... ........... ........ ..............
  8. ....stop trying to contact me personally ..... .... this is not my forum .... Dogpile started this forum..... .... i am just trying to encourage people to not post in the way you have just done.... personally.... ....you have not contributed anything to this forum .... with yet another personal post.... and nothing about trading.... ....if you want to post some personal message.... put it to someone else's attention... not mine.... i am not interested in personal messages.... ..... this is Dogpile's forum .... write a personal note to him why don't you.... ... post something about trading for pete's sake.... -------------------------------------- ....thursday was low made first at 10.05 am .... and was a flag for the flag pole which was put in on thursday's close.... ....whether playing the expected pivot made first ... or a reaction play on the opposite pivot made first ..... .... i think the biggest obstacle to most traders about using TTT is that it is a swing system.... and therefore requires large stops..... .... the second biggest obstacle might be timing.... which is also related to stops.... ... i would like to see some people posting their real-time entries with swing stops ..... again this is NOT my forum..... ... i went long thursday on the low made first .... and was stopped out quickly as i was not using a swing-sized stop but rather an intra-day sized stop.... .... on the run up to the big W pattern on the daily chart..... i found TTT system to be very "predictable" .... .... but trading it during the W pattern on the daily chart which started with the high on 5/7 has been much more difficult for me..... ... on ES ... wednesday was bounce on 200sma on daily.... if there is to be more consolidation on 200sma ... then i am looking for the three day method to be less reliable... .... during consolidation periods... the DAILY method may be better....although Taylor does not recommend switching between the two methods..... -------------------------- ...here is a note about stops as per Taylor..... ... when a trader has bought on their BUY DAY ... the first day .... ... and when the gain from buy day is lost ... at the open of the 2nd day or "sell day" .... ... Taylor says to close out the long entry ..... on any rally AFTER this decline occurs..... using the buy day low as the selling objective.... ... he also says that ... in case the buy day gain is lost the same session... with a flat close.....the trader should close the trade before the close ... at or slightly above the low of the day .... when using the DAILY METHOD.... .... he says that a trader using the 3 day method... may wait out the loss for an opportunity to sell on the 3rd day ... 2 days later.... ... in reference to the DAILY trader... Taylor says .... the trader should not take a loss which is greater than his greatest daily gain..... ... furthermore Taylor says not getting the lowest low as your buy point on buy day is not so important unless prices closes "flat"-- at the low of the day .... in summary... for the DAILY trader... he says to get out as soon as the trader sees that he is wrong.... .... for the 3 DAY trader.... he says it is up to the trader whether or not to wait for the 3rd day ..... and to weather the buy day decline which exceeds the trader's actual entry point.... .... so for the daily trader..... the stop might be set according to their book.... .... in other words..... a trader consistently using the method... will know on average.... by how much a decline exceeds their buy point due to any lack of skill in timing an entry.... and any decline beyond this average would be their stop point.... .... would love to see what other traders are using as their system for setting stops using TTT ... both daily and three day method.... ------------------------- ... i will end this post here as it is a bit long.... ... except to add that the other cases where Taylor would have the trader go long such as... ... on a buying day low violation, ... a higher buying day low held all day, ....or a reaction long on a low made first on short sale day ... .... Taylor says that the trader needs to rely more heavily on their tape reading skills or on the expected size of the decline according to their book (violation)....to set their uncle point (stop).... ....TTT is a swing system.... except for setting buy day stop-out point using the daily method... ------------------------------------ .... a note to ***** .... this is not my forum ... so what i would love to see here ... is just as important/unimportant as what any other poster would love to see here..... this is not my forum .... .....what ***** thinks his gurus would like to be posted here.... is of no concern to me..... i just post what i am concerned with as far as TTT .... and i don't really care what others post as long as it is not of a personal nature....and as long as it does not involve me.... :0)
  9. .... nice contribution.... ... do you do that only on T days.... or just in the first hour ? ... i don't get it.... could you explain your method a bit more ?
  10. ... nice post... ... nice contribution.... ....another attack... .... your methods are very interesting.... why don't you elaborate further... ? ... better yet... if you don't want to describe your methods on the forum ... why don't you contact me by private message.... instead of posting publicly... .... i am sure no one is interested in any more posts of a personal nature... .... you are turning this thread into your own private trash bin.... ... i find it interesting that when i was the lone poster here... with Frank posting once in a while out of pity.... no one would post.... ... and now that child's play has begun ... all these people are posting.... but with nothing concerning TTT ..... .... how bout keep up the posts concerning TTT ... and stop posting on a personal basis ? ... if anyone wants to contact me privately that is fine... but don't post here anymore publicly unless you are posting about trading..... not people....
  11. .... notice ... ... anyone who posted with a personal post directed at me .... got a reply from me ..... and thereby wasted more space on this forum..... .... because personal posters would rather waste everyone's time... than contact someone in a private message..... ... anyone else who has the new idea of wasting more time on this forum by attacking me in some way ..... please reconsider your plan ... and just send me a private message..... .... MONAD has given up his personal posts.... and so can you.....
  12. ... this sounds like a great idea.... .... all personal posters stay here.... .... all traders... who want to post about trading.... join richbois' exclusive forum....
  13. ....listen joke boy..... ... if you only want to make another personal post directed at me.... ... why not contact me in a private message..... ??? ... that why you don't waste any more space on this thread.....
  14. .... listen joker..... .... i have never claimed to be in-the-know.... or to be more right than anyone else...... .... the point i was trying to make was.... .... if you want to post about Taylor methods.... why not take an hour to read the darn thing..... .... instead of starting your post of with stating that you are not familiar with the work at all..... .... it only makes sense that if this is a TTT forum .... one should at least read the material once.... since it takes a minimal time investment to accomplish the read.... .... another reason for my post... as i have already stated ... is that your post was nothing but personal in nature.... and therefore to be treated as coming from a joker..... ..... jokers make personal posts.... traders don't care about personal posting....
  15. ....apologize to who and for what ? ... instead of personal posting... . why don't you just post about your own trading methods..... ?? ... even if they are minimally linked to TTT ....
  16. ....what else are you doing with you post.... ? ....except claiming that your way is..... THE WAY ? .... this argument about how to interpret this.... could go on forever... as long as people like you keep saying you are right and everyone who disagrees with you is wrong.... ....it seems to me like you are doing exactly what you are accusing others of doing ... with yet ANOTHER PERSONAL POST .... ...idiotic... .... focus on your own methods... and don't try to tell others that they are wrong .... don't worry about this thread coming to a halt.... it seems that since MONAD started this personal posting style..... .... all the people who were lurking before... have something to say .... ... and there are now more posts on this thread than ever.... unlike when i was the only one posting here... begging people to post their OWN METHODS......
  17. .... you are out of hand.... .... idiotic post my friend....
  18. .... despite your best effort to keep the pissing contest going with your "chill mate" BS ..... .... i will respond to the part of your post which has some substance.... .... i never asserted that cycles are different in bulls and bears.... .... i asserted that in an up trend.... there are more up days than down ... .and i asserted that in a down trend... there are more down days than up .... so if one is trading a 3 day B/M/S/B cycle..... .... in an up trend.... you would trade B/M/S/B which would be more up days than down ... in a down trend ... you would trade S/M/B/S which would be more down days than up .... THIS IS STILL THE SAME CYCLE.... .... others on this thread have put forth that this is sacrilege.... "changing the cycle" and that one should be shot for doing this.... .... but the only evidence they have given for the need of a shooting squad.... ... is that you never really know when the trend has changed or not.... .... and that more often than not... the smaller trend has changed while the larger trend has not changed..... ..... and that therefore one should keep trading the same B/M/S/B "cycle" until it comes back into sync with the larger trend.... ....i completely agree with this.... as you can see from my previous posts.... where i almost never changed my cycle..... .... once i said that i may change the cycle if i see that the trend has changed to down ...... .... certain people who like to quote other traders while offering nothing by way of their own methods.... decide it is time to lay down the law about how other traders should or should not trade..... while offering no examples of their own about how they trade.... ..... if someone goes to the trouble of putting themself "out there" by showing how they use Taylor.... it is very far out of place for someone to come along WHO HAS NOT EVEN READ TAYLOR ... to try to tell someone how to trade based on Tayor's methods.... .... further more.... if you don't profess to 'know Taylor' ... then why are you even posting at all ? .... after all ... it only takes an hour or so to read Taylor's book...... .... it is not difficult to understand.... even though the writing style is very convoluted..... .... if you read it a few times.... you would be just as much of an expert as any of the self-professed "gurus" around here who would have you believe that they know better than you do..... .... i completely agree that everyone can run a different book .... and use methods which are even remotely linked to Taylor.... and still make it work.... ... as the generous posters on this thread have already shown.... .... so what are you saying which is new ?
  19. ..... your post.... is only personal in nature.... .... and therefore... has nothing to do with Taylor's methods.... .... if you want me to comment.... then leave out the personal references.... ..... i disagree with your assertion though....about the pissing contest.... .... monad made a personal post... and accused me of distorting the Taylor method.... by "changing the cycle" according to up/down trend....because it doesn't fit with what his gurus think should be done.... ..... once he realized that changing the method according to whether the trend is up or down ..... is set forth very clearly by Taylor himself.... .... and once he realized that i could see that he had not even read Taylor's material.... .... he tried to back down from his empty post.... ....none of this belongs in this thread.... so how bout you stop posting about it ? .... if you want to contribute something.... then ask me about my methods without any personal references..... .... better yet.... offer some of your own methods up ..... ... the more you post about it... .the longer you keep it going... isn't it ? " Anyway I hope I am not fanning the flames here that's not my intention. "
  20. ... i don't know about the other traders here.... ... but i would love to see some traders TTT methods at work ... BEFORE ... the action ensues.... ...saying that price action fits the statistical expectation AFTERWARDS.... ... is just that....
  21. .... it would be nice to see your METHODS AT WORK..... ..... let's make sure and mention R's product a few more times... since he is not promoting it himself.....
  22. .... thanks for not mentioning me in your post monad.... ... let's keep it that way.....
  23. .... why not contribute your methods.... ... focusing on other traders... .does not lead anywhere.... ... how do you use Taylor ?
  24. ...better yet.... why don't you do the same .... "according to Thales"..... ... telling someone to piss off does not lead to fruitful discussion of Taylor's methods..... .... i have never said that my methods are any better than anyone else's.... ... i have only tried to fend off MONAD's personal posts.... ....rather than telling me too piss off.... why don't you post your own methods according to Taylor.... ..... after all that is what this thread is about..... not telling people to piss off... .... if you feel that i have made a mistake by contributing my interpretation of Taylor's writing..... .... then why not contribute your own perspective ? .... then someone else can come along... and tell you to piss off to form your own thread.... :0)
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