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elovemer

Market Wizard
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Everything posted by elovemer

  1. ..... every time frame ...defines the trend..... .... you can have down trends in smaller time frames .... within bigger time frames which remain up trends..... .... but once you have defined which time frame you would like to trade in..... .... trading the same cycle when the trend has changed.... may not be reasonable.... .... for example.... a smaller time frame down trend within a larger time frame up trend..... ....... and ... a smaller time frame up trend within a larger time frame down trend.... ... cannot be traded the same way .... .... if they can ... it would be quite an illustration to see this done BEFOREHAND .... on a DAY TO DAY basis....
  2. .... .WHY? has gone to great lengths to show that he thinks his understanding of Taylor's writing is better than others'..... .... so instead of writing about what has already happened...... .... WHY? not illustrate your methods on a day-to-day basis ? .... as the most important thing to traders.... is in seeing a method at work..... ..... i have tried to illustrate my use of Taylor on a day-to-day basis.... while at the same time begging for posts and input from other traders..... .... further.... i tried very hard to revive this thread after Dogpile had given up on it.... all the while begging for people to post their methods.... ..... i never wanted to be the only poster here .... ..... now that some have been roused through PERSONAL posting.... .... the thread has more posts than it ever has..... which is a good thing.....
  3. .... WHY has gone to great effort to post on a personal basis..... ....by saying that other traders don't UNDERSTAND Taylor's methods... and that they are CONFUSED .....and that they try to DISTORT Taylor's methods.... .... that does not lead to any fruitful discussion... and is rather an invitation for a pissing contest if you ask me.... ..... the original question at hand .... was whether or not .... Taylor's writing advocates changing the numbering of days in a cycle.... ... according to whether or not the TREND is up or down..... .... the question was not .... to determine whose interpretation of Taylor's writing is correct..... .... but since few feel that they can understand Taylor's writing.... it makes it very easy for someone to say they their understanding of his writing is SUPERIOR to someone else's ..... ... i tried to illustrate why i think Taylor suggests changing the "cycle" by using Taylor's words.... .... apparently that is not enough since his words can be interpreted any way you want.....according to your own desires.... .... i have a feeling that this thread will be going for a long long time..... ... because there is a lot of energy here.... even if posters get lost in posting on a personal basis.... .... i have a feeling that eventually ... those posters will realize that a pissing contest ... is just that.... and that it does not lead to fruitful discussion about METHODS.... (NOT PEOPLE).... ...everyone here has very different methods.... saying that one person's methods are superior... .... or that one trader's understanding is superior.... is a childish mistake.... .... quoting other trader's from other threads... .... while offering nothing in terms of your own methods.... ....in order to show that a fellow poster is not on the same page with you ..... is just silly and amounts to a personal post.....MONAD
  4. .... what he meant was.... .... in a bull trend... it can and does go down 3 days and then react upwards 2 days.... being the BULL trend that it is .... and in a bear trend... it can and does go up 3 days and then react downwards 2 days..... being the BEAR trend that it is .... .... therefore ... he advocates... not changing anything.... and keeping the "CYCLE" as he calls it... the same.... ... in essence... he advocates not changing anything.... because to him.... bull and bear markets are the same..... ..... in a pissing contest... anything can be made to seem reasonable....
  5. .... you began posting on a personal basis MONAD.... something which you can't deny .... ... pissing contest is what you wanted.... you got it....
  6. ... you are trying very hard to rationalize.... .... trading the same way with the Taylor method in both bear and bull markets is not reasonable.... ... and more importantly... not what Taylor described.... .... but no one could ever convince you of that.... pissing contest
  7. ... he does advocate this... as i have already pointed out to you.... .... in a bull market there are more up days than down... .. in a bear market there are more down days then up ... .... if you want to trade the same way in bull/bear .... then that is up to you... .... pissing contest
  8. ... you are the one who is confused.... .... but if you want to turn this into a pissing contest.... go ahead....
  9. ... a buy day today ... has not taken out last low made first.... yet ... others may have different counts... ... and others surely have different "CYCLES" ;0)
  10. ... today... tuesday... was short day by my count.... .... and wednesday will be buy day ....
  11. ... yep... you are right WHY ... there are more down than up days in an up trend... .... and more up days than down days in a down trend.... ... now that we have established that the market goes up in a down trend and down in an up trend... ...next topic... who can piss the farthest ? i vote for Taylor... .... i just spoke with Taylor himself... and he informed me ... that your take on his method is baloney.... .... i'll let you know if he calls me again.... .... you want to turn TL into ET... go ahead.... ...WHY if you want to discuss how your interpretation of Taylor's writing with differs with mine... you should PM me.... ... this forum is not the place for a pissing match... ....otherwise... focus on your own methods....
  12. ....why does everyone keep saying the same thing over and over again.... ????? ... has anyone missed their turn at interpreting this quote ? ... up trend has more up days than down.... down trend has more down days than up .... .... nobody can disagree with that.... ....that's what i call a cycle.... B/M/S/B ... OR ... S/M/B/S .... .... or else ... B/M/M/S/B .... S/M/M/B/S ... on a 3 day cycle... in an uptrend... there is one down day ..... and two up days... ... on a 3 day cycle in a down trend... there is one up day .... and two down days.... .... this is a very simple concept.... .... your interpretation of Taylor's book.... IS YOUR OWN SPIN.... .... unless you are .... Taylor himself... ..... let's dig up Taylor himself... and we can find out who is spinning what around here.... ....until then.... let's keep reinterpreting the same quote to suit our own... egos...
  13. ... i have friday as buy day on a B/M/S/B cycle....
  14. .... what i have been trying to do with my posts.... is to use the 3 day method ..... on a day to day basis.... .... as no one else has attempted to do so.... .... by posting my expectation for market action BEFORE it happens.... ... and by posting according to the rules Taylor laid out.... ... i have not tried to sell any system to anyone.... .... and i have not tried to fit market action into any statistical category... THE DAY AFTER market action unfolded.... .... anyone can make anything seem reasonable.... THE DAY AFTER .... in retrospect.... .... that is not the point ... the point is to show the system at work.... before the market opens....not after ------------------------------------------------- .....********.... your system is something that you developed....i suppose .... and as far as i can tell.... .... in order to use it... one would have to purchase it from you.... .... so unless everyone had already purchased your system.... there is no point in you demonstrating how the market fit into your statistical expectations.... .... unless you are willing to provide everyone on this thread a copy of your system FREE OF CHARGE.....in order to evaluate its merit... ..... if so ..... i will let you know where my copy can be sent in a private message..... .... if not.... you should at least provide ***** with a free copy ... as you have gotten at least that much free advertising from him on this forum.... ha ha ho ho..... ... just a little humour..... but not really..... ha ha hee hee
  15. ".....and REVERSED for a downtrend " .... therefore.... in an uptrend B/M/S/B for a 3 day cycle ... and in a downtrend S/M/B/S for a 3 day cycle.... ... ******** you say the cycle does not change..... i say it does .... just a difference of language....which is not important ------------------------------ " the market goes up 1-2-3 days and reacts" ... obviously ********... in a down trend... the market will not go UP 123 days and then react ... in an up trend ... the market will not go DOWN 123 days and then react upwards.... ---------------------------------- "the 4th and 5th figure is the variation when it runs that extra day or two on the way up and on the way down in both Bull and Bear trends" ... obviously ******** ..... ..... it runs that extra day or two on the way up ( in bull trend) .... it runs that extra day or two on the way down ( bear trend) ..... THERE IS NOTHING CONFUSING ABOUT THE WAY THIS IS WRITTEN.... ... again... you say the cycle does not change .... i say it does.... .... but we are saying the same thing in different ways.... which is not important.... ---------------------------------------- ... so as far as the 3 day method is concerned..... ********..... ... i think you are not disagreeing with what i have already clearly stated in previous posts..... ... i.e. .... that for an up trend... the majority of days in the cycle will be up days.... the reaction days will be down days.... ..... and that for a down trend .... the majority of days in the cycle will be down days... the reaction days will be up days.... .... there is nothing confusing about this.... and nothing confusing about Taylor's writing concerning this point.... -------------------------------- ... in my original post.... i said that if the trend changed to a down trend.... i would change my cycle to S/M/B/S where it was originally B/M/S/B .... ******** ... you can say that the cycle does not change all you want to..... ... but the above is very clear and simple to understand..... ....******** .... up trend ... the market will go up most days....and then react .... down trend... the market will go down most days... and then react... ... if anyone believes this not to be true....... i would love to see any evidence of it..... .... so... ********..... in your post above.... YOU HAVE SAID NOTHING WHICH HAS NOT ALREADY BEEN SAID..... .... and frankly... i am tired of saying the same thing over and over again.... .... especially since no one disagrees with it.... .... and since it is not coming from me... but from Taylor....
  16. ..... I have no idea who this writer is or what this writer could possibly mean by this passage.... ....it is so .....unclear..... .... changing the cycle in uptrend/downtrend changes.... would be sacrilege..... !!!!! ----------------------- It is a fact and the records show it, for many years back that the market has a definite 123 rhythm, varied at times with an extra beat of 1231 and at times 5, these figures represent days. The market goes up 123 days and reacts, the 4th and 5th figure is the variation when it runs that extra day or two on the way up and on the way down in both bull and bear trends. This beat of the market subject to these occasional variations occur with surprising regularity, so it seems that the same methods of manipulation used in the past are still used today, ...... that is of buying and then selling every third or fourth day in an uptrend ......and reversed for a downtrend and this action the book records very faithfully.
  17. ..... there is nothing in this post.... which comes from you as a trader..... ..... just you quoting others.... while trying to correct other's methods.... without having read Taylor's work.... .... offer something of your own.... and this thread might benefit from it..... ..... this is not my thread..... Dogpile.... please dogpile this joker..... ...by the way ... i never claimed to offer anything of value to this thread.....and i still don't... ..... but i sure won't take any SH** from someone who has not even read Taylor's work.....(your quotes only prove this out)
  18. ..... you haven't read the book.... you proved that already when you proposed that changing the cycle for up trend and down trend is not part of the method..... ... go read it ... go study it..... ..... offer something to the thread... once you know what the method entails.... ..... if you want to post here on a personal basis.... which is what your original post was.... a personal post..... .... then send me a pm .... ..... otherwise.... offer something of value... which has nothing to do with individual traders... but rather with method.....best would be something of your own .... .... your quotes from Taylor don't change the fact that you are not familiar with his work ..... ..... your last quote has nothing to do with your proposition that Taylor does not change his cycle when the trend changes up/down ..... and especially ... it has nothing to do with your proposition .... that by changing my cycle.... that i am putting my own spin on Taylor's methods..... .... if you want to post on a personal basis... go post on ET ... TL is not the place for it.... or contact me privately.... .... i wonder what your handle is over there.... you have probably littered that site with the same kind of personal posting which you are doing here.... ... if you have actually read the work .... then it should be no problem for you to determine that the work describes very clearly that changing the cycle depending on whether the trend is up or down ... and depending on the time frame the trader is working with ..... is very much a part of the method.... .... if you want to keep this idiotic exchange going.... then send me private message.... don't pollute this thread......
  19. ..... failed to take out yesterday low .... on the high made first.....10.35 am
  20. .... the issue you brought up was whether or not changing the cycle according to whether the trend is up or down .... is or is not .... as per Taylor's method..... ..... according to the Taylor book..... ..... i pointed out to you that changing the cycle is.... as per his book...... .... and i further pointed out that if you had actually read the book.... .... you would not need me to point that out in the first place.... .... and you would not be making asinine remarks about what kind of language to use on this forum.... ..... would love to see your system .... or anything productive... which is based on Taylor's book..... knowing that you have not actually read his book at all..... .... as i stated already.... READ THE MATERIAL .... and then get back to the forum with something constructive....
  21. .... Frank.... .... in this post... you only meant.... "for that day" right ? .... i mean... you meant the following right ? ....the cycle does not switch until a morning high FOR THAT DAY is taken out.... ???? ... for example .... you don't mean ..... "until the PREVIOUS morning high made first" is taken out..... ???? thanks.....
  22. Frank, ... for your personally.... .... at what time did you know that a high had been made ? .... and how did you come to make that determination ? .... the reason i ask is that i think this is the main problem for traders using Taylor's ideas..... .... due to any day holding the potential for a long or a short.... if reaction plays are included..... making the determination quickly ... as to whether a low or high has been made ..... .... seems to be the only obstacle to entering the trade.....
  23. ... i find Taylor's framework to be more "predictable" in an up trend than in a down trend..... .... monad... have a go at actually reading what Taylor wrote.... .... the language used is not important..... but the concepts are..... -------- and again as Eiger has posted on VSA thread it is better to use the word "Anticipation" rather than "Prediction"
  24. .... again... i am not convinced that the trend has indeed changed to down yet..... ...... but if it does.... i will be using S/M/B/S .... or maybe S/M/M/B/S .... depending on what WORKS BEST FOR ME ..... .... this is pure Taylor.... ..... FRANK .... i think Taylor agrees with what you wrote.... .... it doesn't matter which day it is..... if the structure is there.... .... hence Taylor's "reactions plays" ..... .... for me only..... i have wednesday as a short day ....whether i switch the cycle to S/M/B/S or not....still have wednesday as a short day .....
  25. .... monad.... get back to me once you have read Taylor's work.... .... not only does he advocate changing the cycle in the way that i described depending on whether the trend is up or down.... (3 day method) ..... but he also advocates changing the length of the cycle depending on the trader's desired time frame of trade.... (shorter-term 3 day versus longer swing) .... this is very clearly stated in his work.... if you mean to suggest that blindly keeping the same unchanging 3 day cycle year in and year out ... is pure Taylor .... then i would suggest that you are reading something other than what Taylor has written...... .... Taylor may have a confusing writing style.... but these things are very clearly stated.... ..... luckily... we all have different styles and we don't all have to trade strictly according to what Taylor put forth....
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