Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
-
Content Count
2245 -
Joined
-
Last visited
Content Type
Profiles
Forums
Calendar
Articles
Everything posted by walterw
-
Thanks to all for kind words and encouragment ¡¡¡ I know it is kind of crazy to ask for a rate, but I needed to know if the comunity would really apreciate more inputs from my postings... this is because the chimp is about to start a new period on his posting history, he is about to share some powerfull forex scalping methods in a very intensive way.... the chimp is also thinking about creating a gang "The Tokyo Gang" a group of traders that will somehow share the same trading style and together will work out a proyect to make a meeting in Tokyo... share experiences and success... they will be eligible if they are making regularly 5 digits per month on this type of trading with this methods... it is a challenge for the chimp as it is for those who want to take the challenge... Why Tokyo ? well it is the home of TL and a great place to be... it will be fun ¡¡ I think we will invite Janice there too ¡¡¡ You are not making 5 digits per month ? well maybe the chimp can help you out... as he is being helped by others with so much generosity... He will not charge you nothing, his satisfaction will be your success and your auto realization... He will try to show you that the only real barrier between you and that performance is YOU... not the market, not the technicals, not your small acct, not your broker, not your data feed, not your wife/husband, nothing of that... its YOUR choice to be succesfull... and it CAN be done ¡¡ Actually the chimp trades futures with some clear success... now he wants to trade forex with the same or even better success... If you want to see the process, you will be able to see it from inside as he shared so far an open research on forex... so far called the wikipedia of forex setups (jejeje) now he will share some more specific methods and will try also to show some more stabilty on his forex scalping aproach... He will make a grotesque experiment... he will start with just 3 contacts and grow all the way to 2000 contracts on forex... he will try to make this posible on a period of about 8 months... he will be sincere and tell you how he has been doing, success or failure... hopefully he is positive it will be success as he has some clear experience that trading is one of the most easy profesions of the world once the complex non easy person has been transformed into a humble sponge that absorves only positive and beautifull things... trading can be such a nice experience ¡¡¡ its not only about money as Janice is telling us, its about life ¡¡ its about challenge, its about success, its about realization... So the chimp will start soon a new thread on his forex scalping method that is no rocket science, its more simplicity science and belief science, optimism and faith science.... in other words... its about TRADING ¡¡... once again thanks for the encouragment ¡¡ and see you soon on the new thread ¡¡¡ cheers Walter (the chimp). for your rejoice this nice clip "One sweet day we will be together" notice the relaxation, enjoyment an expontaneous performance during this professional recording (work).... is your trading like this ? well it should be...
-
Hi Raul, nice to hear from you... the answer is no, unfortunately I couldnt bear with some extreme lag ( at least for me)... so I just keep doing my usual analisis... cheers Walter.
-
Money its such a taboo that I created a poll experimenting how was the mechanism of creating a poll with a tabu question ... do you make more than 30k per month or do you make less than 30k per month trading ? you know what it vanished jejeje any way it was a test of making a poll... lol moderators... cheers Walter.
-
Hillarious Doc ¡¡ its also funny to see how the others dont bother much to help... its more important their positions to whats happening there... good one ¡¡¡ About tabu doc... absolutely, from both sides, rich and poor... cheers Walter.
-
I am having an epifany... and previous to posting it here (it may sound a little selfish) I would like to know the overall opinion of the forum about my inputs here so far... fell free to vote... even if you want to add some comentarie of what you think about my threads, I welcome all comentaries... good and bad... cheers Walter.
-
and I thought my english was bad... jejej.... I will add him on the next funny video contest jejejej
-
Stops are part of our life... you have to love them ¡¡ you have to be greatfull to them, you must see how worst it could be without them... they are your friends... and like real in real life, sometimes your friends can give you some little headache...
-
I personally enjoy the "profession" of trading... I am very glad to be a trader as profession... I enjoy every aspect of the trading profession that not necessary is related to money, like technicals, trading itself etc... and then money its an expontaneous consecuence.... so I try not to focus that much on money as on the profession... certainly when money comes in, so the party comes in... but I try to treat it as a mere consecuence... ironically on this profession money is the only objective... but if to much focused on it, you most probably are going to fail... its better to focus on the traders technicall and psichological aspects more than money, thats so far my experience... cheers Walter.
-
Hi Traderxman.... I did the Drummond course and its very nice material, I personally dont trade their exact method but basicly I had taken the push and refresh concept clearly into my trading.... I had adapted some of their concepts to my style... thought the MTF concepts from them are very well simplified into indicators that plot all together in one chart, and that can be done with indicators as well, What I believe its not enough well developed on Drummond is the timing techniques as they are quite primitive to me.... cheers Walter.
-
Recession Risk Is Rising - Fed Better Get Aggressive Soon
walterw replied to Dogpile's topic in Market News & Analysis
Hi Dog, thanks for posting this interesting information... I dont understand too much of economy (fundamentals) but I understand some basics of what you are showing here...and is clear that US economy is in some crucial cycle turning point... I have a question maybe not easy to respond about market volatilty in relation to this economy stage... can we still expect high volatilty ? in this type of tense decisions as too where the US economy is lead, can we still have this high range on the markets ?....(from a fundamental point of view)... thanks Walter. -
Trading with Market Statistics VII. Breakout Trades at the PVP
walterw replied to jperl's topic in Market Profile
Thanks Jerry for response, its clear that it would be an agressive entry and I agree as presented also on video that tight stops or BE stops should be implemented on this case diferent to the more generous tolerance used for the regular vwap trades... One more question... being at the extreme of the 2nd SD, have you experimented doing counter "refresh" trades to the VWAP... wich would be nice on a cylce day ? just curious if you trade that type of strategy... thanks Walter. -
Trading with Market Statistics VII. Breakout Trades at the PVP
walterw replied to jperl's topic in Market Profile
Ok... I am following this thread from the very begining.... I will interact now... First of all thanks Jerry for such great job and for introducing this excellent concepts you have developed over time... My question here I believe has some sense (hope) and it really got me thinking after watching the august 10th video and also looking a chart posted here by dbntina... IF we where to be strict on the trend definition given by the skew... then so far it has been presented the entry ( example for shorts) on vwap area as on the sd`s below the vwap... now I wonder, if we have a down skew and we are like the first example on the video on the 1rts SD above vwap, wouldnt this be an actual competitive place to take a short ? thought we still have a down skew and we are testing a sd level... I attach two charts posted by dbntina where we have the same scenario.... expect your feedback... PD: I am about to test ensign, any hint how I can program the sd`s for vwap ?... thanks in advance Walter. -
welcome aboard Mark ¡¡ like any thing on this earth, time and dedication are a good way to success... remember any of this methods are by no means perfect and are not intended to be... but having certain practice and getting confortable with them you can eventually master them... hope you find usefull all the information on this site... cheers Walter.
-
Yes Mark... the area otside 2.5 atr is where market shows strength... when market go cyclical you will notice how it will normally bounce back in from that boundarie... in that case its ideal to trade the "false break" and "lazy" trades... cheers Walter.
-
Hi Mark in this case it would be 2 set of bands... one is 100 /1 and the second 100 / 2.5.... hope that helps... cheers Walter.
-
Hello fellow traders ¡¡ its has been some time since I dont write something down here... so let me share something here... I am taking some vacations on futures trading and giving myself some time to do research on forex... must confess a very stimulating experience, by the way talking about stress on other threads, I must confess taking some distance from tick charts lately and being looking 1 min and now even 5 min charts ¡¡¡ has been very relaxing... not extrictly that I am going into long term here, but the short term on forex is much relaxing than our usual waco speed on futures... On this little thread I wanted to point out some two big AREAS of analisis that a good trader must have under control and master to be succesfull... this two areas should be somehow independent by themselfs... and then integrated into one... One area of analisis is the SETUP.... thats where we have an argument as to "why" are we going to enter into a position... here we can argue so many things, like for example Breaks, continuations, reversals, rejections, failed moves, contractions, expansions, patterns, volume, deltas, MP`s... bla bla bla... big area of analisis, lots of schools of thought... but thats where we argument our bussiness on the setup analisis... The second area of analisis is the TIMING analisis, here is where we study the "when"... many good traders do well on setups but when it comes to timing they have a hell of a trouble doing so... in some ocations the setup himself may provide a hint into timing... but sometimes this is not the case... I am convinced that timing should be an independent school of analisis and not necesarily be dependent to the setup analisis... My ideal way of aproaching a technical research is going with the setup analisis on one part and doing timing analisis on the other part and then integrating both together into one final product... This makes possible the independent and non compromised setup analisis without any bias in terms of timing, giving place to some neat new timing aproaches as they can show their best alternatives and not submited to any particular setup... Maybe this topic sound unfamiliar to some traders, it really depends on what stage of analisis experience you got maybe to understand me and valorize what I am trying to say here... Now to make it more simple let me give some examples of what I am talking about... So far Walter has presented some kind of "universal" timing method that he applies to diferent types of setups, and that is the case with CCI... you can notice on diferent threads where he presents various types of setups like "flip", "false break", "lazy" etc... where he uses for all of them the same CCI timing method crossing levels like 50, 100 or 0 lines ... thats a universal and independent timing analisis that can be used on so many diferent type of setup analisis... I dont know if you get me... So thats one way to go on the method of creating finaly an "X" trade... you will combine a determined setup you found to be reliable and you make your timing with a universal timing method that works like a charm for you, that you feel confortable and that it makes your life easier and stressfree... Thats basicly is how I organize my research process and it gives me some nice results so far... SO what is the purpose of writing this... well I am doing an open resaerch on forex ( for those who are following ) and had presented various setup ideas....you may have noticed that I did try to use my universal timing method with CCI wich I find it does well sometimes on forex and sometimes not that well... so this relaxed days I have been using them to research on some new independent "universal" timing method to be applied into forex... On this process I did tour some forex forums and had some fun encountering very professional people who are developing incredible things that I could not get even near to them like a guy called fxcruiser who is developing last generation indicators, and I also saw some funny things from amateurs who amused me quite... all diferent thing in terms of setups as of timing... there is also lot of junk out there not worth loosing time... So I will be creating a new thread about this new "universal" timing method that I will use for forex... and then on separate threads I will present some new setups that I am considering where you will notice how I use my universal timing method... ok Dont want to make this any longer... stay tuned... cheers Walter.
-
Favourite (yes you Yanks I spell it with a u) music clips!
walterw replied to Nick1984's topic in General Discussion
Some argentinean contemporary... argentinean folk contemporary fusion instrumental -
Trading with Market Statistics VI. Scaling In and Risk Tolerance
walterw replied to jperl's topic in Market Profile
Hi dbntina, thanks for great contributions here, as you may notice TL is a very diferent forum for the level of collaboration and quality of content... I think we are all priviledged to have Jerry with us... so far all this threads had been evolving wonderfully.. My question regarding to your indicator now including dynamic PVP, when would this be available, would love to try it too ? thanks in advance, Walter. -
Trading with Market Statistics VI. Scaling In and Risk Tolerance
walterw replied to jperl's topic in Market Profile
NIce Charts Dog ¡¡ certainly this combination of price pattern plus statistical analisis is quiet a good way to trade, are you making some correlation analisis between futures on the breaks of this patterns ? validating or not ? cheers Walter. -
Trading with Market Statistics VI. Scaling In and Risk Tolerance
walterw replied to jperl's topic in Market Profile
dbntina... nice actitude ¡¡ thanks for great collaboration and welcome aboard TL... that indicator looks very nice... cheers Walter. -
jejeje... he has to go seriously, but very seriously thru my "false break" trade thread... jjejeje... maybe I should add this donation button on my thread...
-
Trading with Market Statistics VI. Scaling In and Risk Tolerance
walterw replied to jperl's topic in Market Profile
Allright Dogpile ¡¡ nice to have the same adictions jejeje... but that is a nice formula too ¡¡ I like to see this compression/expansion being more amplified visually with tis one.... thanks again ¡¡ cheers Walter. -
well he probably had some long positions uhu ? jejeje... he needs to read some threads here at TL and start to take some shorts... thats for shure... jejejej cheers Walter
-
Trading with Market Statistics VI. Scaling In and Risk Tolerance
walterw replied to jperl's topic in Market Profile
Ok Dog I see.... now this other, would that be diferent ? sorry for bothering you... thanks Walter. -
Trading with Market Statistics VI. Scaling In and Risk Tolerance
walterw replied to jperl's topic in Market Profile
this one Dog... is it yours ?... thanks Walter