HAL9000

OK, I understand. Because I don't trade on time intervals anymore, I would not be of much help anyway. Regards, Hal

Nice for you, are you willing to share them with us, here for all eyes visible? Regards, Hal

Or unlimited.

Unlimited implies, that you can't calculate other numbers than 0. Anyway, think about your calculations. In my view any numbers in $ are unimportant. Its about decisions, not bucks IMO. I once have written here: It takes, as long as it takes. Period. And I still stand behind this statement. Regards, Hal. P.S.: Peace. Bedtime.

Its not about the 3 pts, its about the 50k!!! Please, maybe you haven't read my second post yet, but just in case, whats about the risk of a short trade? Hal

As I made already a fool out of myself in here, an observation comes into my mind, your calculation must be for a long! Now a question comes into my mind: What is your amount of risk for a short? And what results should be expected per year? As I said, I am confused. Please, Hal

Hi, but I have to admit, that I am confused now. Its not wrong to trade conservative, but in my view, if I set 3 ES pts at risk, its 150 bucks, not 50k bucks. Please explain further. Regards, Hal

Hi, I haven't traded on Friday, so its just hindsight, and probably I wouldn't have stepped in, because I am still sorting my rules out. If I would have entered, I would have tried to enter on the extreme readings, to maintain a very small stop. But these kind of pictures, I see often. And while some might fail, the R/R seems to fine IMO. But I can't prove it, so just take it as a nice picture. Anyway, as I don't use VSA, I would be interested too, if there is a reason to enter here based on VSA rules! Regards, Hal

Hi, some people call a 50 % retracement an ambush, so this would be an entry for them, not an exit. Anyway, maybe you should think about placing your stop at BE, when appropriate, and exit on strength, or, if you like your profit target, or if something stalls (price/time). Just think about it. I guess Richard asked you, because of these 50 % retracement trade entries. Maybe he will add something, or correct me. Hal

Pardon me as well. but I have watched some of their videos. So first of, I have a question: I know different kinds of pivots, but excuse me, I am just a little beginner; What are future pivots? The more lines you add to your chart, the more often you are right, or wrong. Some future pivot lines were commented, some other lines, I thought these lines were future pivots too, not. Anyway, just lines. This was all IMO. :helloooo: Another thing, while it all looks so easy on their charts, on my charts its looks easy too. But real trades are often a different story. Some signals happen within not even a second on my charts, but after the thought process (??? sec) I need at least 500 ms until the signal from my brain reaches my finger for the mouse click. And then its needs some more ms's ... Anyway, a further question: Where these videos commented as things happened? Or later? (This one seems to be right, IMO.) Regards, Hal P.S.: Hindsight, yes we all know, what we have should have done a long time ago. And pictures, I have a lot of nice charts, but just, I have to sell nothing. Well, maybe they have something of value, maybe not, but just be careful. I could present you pictures, and sell you my indicators, but ... it doesn't not mean that you will make a fortune, only that I will get your money for my indicators. You know. :missy:

I think I made already a fool out of me. This week hasn't started for me as I have planned. There was still more things to do, not related with trading. So today I did my first real trade this week. The trade wasn't planned as scalp, and the entry signal was a good one, but for some reason (fear) I exited nearly at BE. Somehow I wasn't in touch with the market today. This might have two reasons: - That I really have spend my time with some other things during the last week. - Still too many potential setups/trades. So I have to work on this one next.

Lol, you've got it! So, this is for James, this issue is solved!

LOL, yes its really funny, maybe its best, if you answer my following question here on this thread! What is 2+2? Some might say 4. But sometimes 5 might be the right answer (1984)! So, what is your answer? I guess, you got it! Regards, Hal

NO! Hal P.S: May initial message was too short, so: NO! NO! NO! And a question! Is it so difficult, to write something useful?

LOL, but what should I say, once I have invested only in stocks, and I was right, so I won and won (mainly from 1999 to 2000). Somehow I knew, that this should have an end, but I had no clue about the forces behind it (shorting). In other words: I was naive, and lost, so this picture might show my past too. Then I decided to learn about day trading, but its difficult. (Stops are my problem, like in the past) Today I think I am at the point, but to be honest, I thought that a year ago too. I am still alive, and now it might change. Anyway, I have survived, and I will now survive once more. Somehow, I am sorry, that you lost money, I have lost much too, just being naive. But, my conclusion today is, just use real money, if you are really prepared. It is a business (not a game, not a retirement plan), and it is a cruel one. Regards, Hal

And to make you think about regression channels, here is a chart from today with a 10 and 100 linear regression with 2 SD bands. Its the 6B (GBP vs. USD). Maybe you see it, maybe you don't, but think about it.

Lol, funny. I am! Hal

Hi Tams, I have implemented this one some time ago for myself, you know, in Java for evaluating LR angles. Java, so it makes not much sense to post it here. I haven't implemented the Fourier one (but have thought about it), and I am impressed by your implementation (picture). I also like Ehler's work, like others here. But I have a question for you, with all my respect: Which of your indicators are you using to trade? Regards, Hal P.S.: I don't use all the indicators I have implemented during time, just a few have survived. And maybe these will die as well sooner or later.

Maybe I am wrong now on my own thread; I have planned today to trade real again, but I haven't. Today it was about family affairs, and I think many in here understand without much words. I saw a good setup on the AUD-USD but, real life canceled real trading. All in all, its not about money. And all seems to be OK now again. Anyway, here are two charts of the JPY-USD CME GLOBEX September contract. They are not annotated and chosen randomly, maybe because they are nice IMO. Between the dark vertical lines, the end of 20.07.07 and the major part of 21.07.09 is shown. Or in other words, the dark vertical line is placed at the 1 h trading break. Here there are, and here I stand: 7 range: 14 range: Hal P.S.: This is still plan B, but don't forget step 1. :missy: And maybe it might be necessary for me to take a day off or more, for more family business. Well, what is money worth? Guess this would be a good theme for a new thread, but if you have more than you need, give some away ... I don't have more ..., but I give some away too.

Thales, to keep it simple, I agree. The point to me is, that I haven't seen a complete concept on price and volume. I once stated somewhere, that it is unimportant to me, whether I will be stopped out on high or low volume. During the time I also saw many different developments on tape, that build my opinion, that for me volume in the way it was discussed here, is not important anymore. And my tape reading, just helps me to place my limited orders, once the decision is made. Well and my indicators, I somehow feel like I might be like your friend, you talked about on another thread, I have them, and maybe they are just for feeling confident now, but I check them against price action, s/r and trendlines. Time will tell. Regards, Hal

How should I start, as not yet profitable trader? In my understanding volume is one free variable, so it might not be right to ignore it, and as I have always a kind of tape reader running (5 seconds snapshot with vwap prices), I think it would be right, that my decisions, right or wrong, are influenced by volume and price and maybe some indicators. And until now, I think that volume can give you additional clues. On the other hand, would I try to trade just based on volume, only volume. No. I guess no one would try. And nobody claimed to do so. So what is my message? I think anyone new should try to trade price based first. If that works, maybe s/he should try to add volume. But maybe it is not necessary anymore at that point. Some more thoughts; is volume so important, when you trade currency futures (or in other words; is the market of importance)? Isn't the main market regarding currencies the cash market (forex, without volume information)? Furthermore, I like to trade from range bars, so if markets are fractal (like :rofl:), is it possible to apply the same interpretation on any frame (tick, time, range)? And finally, I like very small stops, but using them will volume of help, or more confusing? I don't have the answers myself, so I don't expect, that anyone else here has them. My opinion is, that volume might make trading more complex, but if someone has figured it out, yes he should be free to write about it (if s/he likes), and about the necessary money management of these kinds of trades too. Hal P.S.: Peace, and nobody should be forced to do something, even if it would be nice to see ... you know! :missy:

OK, It was nice to help you! See you! Hal

It was nice to help, I have received your message, but I got the following message, when I tried to answer: The following errors occurred with your submission: 1. ljyoung has chosen not to receive private messages or may not be allowed to receive private messages. Therefore you may not send your message to him/her. If you are trying to send this message to multiple recipients, remove ljyoung from the recipient list and send the message again. I think you have to check to settings, for allowing these. Hal

Hi Lj, James can answer that exactly, but as far as I remember it was a very low number, maybe five or so. I think your real question is, if you are already able to send PM's. If I am right, you might, if you like, try to send me one. Even if you just write "test ....." When it works, you will see it instantly, if not, at my time, there was a message, which told (will tell) you the required number of posts you need. But IMO, you should already be able to send PM's. Regards, Hal

First of all, I like to thank Thales. You might not know it, but you (and Brown too) have helped me a lot, within the last weeks. Maybe its premature, but something has changed a few days ago (i.e. guessing has gone, IMO). The last days I haven't traded at all, because I had some other things to do, and currently I decided to analyze further until Sunday (the AUD, JPY and CAD vs. USD). Analyze means, that I look at the setups and ranges needed, the stops, as well as R/R, and money management in general. The outcome will be visible here next week. I am currently very confident, and maybe it is just that. BTW. I see myself as a pullback trader (some might say bottom fisher :crap:), with a tendency to scalp. So next week I will know more, we all will know more, and hopefully I will not end up as fool of fools. Regards, Hal