walterw

XII.X is the symbol used in this thread, happens to be the Amex Institutional Index, how can we determine what is smart money can become a very subjective topic and beyond this thread spirit, the divergence shown before the 2/27 fall was clear... If its smart, dumb, idiot money I dont know... but its clear that the "institutional" sector was not bullish anymore on does dates previous to the fall.... I dont think this indexes are there for nothing, they have been built to be monitored, Notouch : If you dont believe in them, just dont use them... simple, like any other techniques been thought here, it is a little faith sometimes what puts you in action, being so pesimistic will keep you on a closed actitude too some things that can be of very good help... cheers Walter.

Amex Institutional Index The Amex Institutional Index (XII) is a capitalization weighted index of 75 stocks most widely held as equity investments among institutional equity portfolios. The index is designed to reflect the performance of core stock holdings of institutions. The XII Index was established with a base value of 250.00 as of June 24, 1986. (The index value was later split 2-for-1 on May 19, 1998.) I understand you can see what bigbrother is doing... cheers Walter.

notouch: I would suggest you look at the very first post of this thread and evaluate for yourself if this index doesnt has a valuable information.... by the way found it on esignal symbol is : $XII thanks Soul for help. cheers Walter.

Any technical input to this swing hi pre 2/27 drop level ?

If its not to much work, could we see an actual daily chart of the Institutional Holding Index ? I think I dont have it on esignal... would apreciate that, also is it posible to see a 5 min chart of the same compared to YM 5min.... thanks in advance.... Walter.

Here I post todays examples... you can clearly see momentum and non momentum conditions.... You will notice some blue arrows on the price pane... well thats another issue to deal with it is called: TIMING that was the "ideal" place to enter the market, now how to determine when to enter its a great issue.... Remind you that timing will be more succesfull if you have a clear momentum context... Will share later some timing ideas, open to yours ideas too... cheers Walter

I agree with the fact of fake orders... its not reliable information...

Yes Torero : I would suggest going thru this thread again : http://www.traderslaboratory.com/forums/f34/my-entry-vs-my-stop-vs-952.html it contains a lot of information about my M aproach .... cheers Walter.

momentom : nope, this is an experiment.... and it sugests trend trades, my M trades use to be contrarian (countertrend)... by the way, my best explanation of my M trades has been done on this thread : http://www.traderslaboratory.com/forums/f34/my-entry-vs-my-stop-vs-952.html cheers Walter.

Shure Blue Ray , it has a 50 default for a 233T, if you use it on a 23Tick should be set to 500.... I atach another example from this evening... cheers Walter. CCI 50.ELD

Here are some examples from today 23-4... and added the 50 ema ( wich is a 500 ema on the 23Tick chart) remember I am using the spirit of a 233 T chart... being plotted on 23 tick chart What I am doing so far is measuring momentum.... its not even near to dr bobs trades.... any way learning dr bobs method is very instructional for the new trader... cheers Walter.

Hello everyone, today I came across a post by a very new member mkp14 , he shared a very nice chart with a simple fibo retracement but with a very nice old technique from dr. bob (I dont know if you got to know him ). He was originally a woodies cci club member and went on his own with the two very interesting setup techniques 5014 and 5034.... I did trade woodie cci some years ago, then drop it not for being a bad aproach, just wanted something more price pane oriented, I remeber going thru dr bob 5014 aproach wich has a lot of sense but I never really traded the aproach because I was already on my M stuff having nice success.... Now, today as I see this chart from mkp14 I did got curios again to see a 50 cci on my chart, what would it look like and what information could I get that would be interesting... For My surprise I found something not related to normal CCI traders... and I called it : "50 cci momentum" what it means is that if your cci gets far from 0 you have momentum, if its near to 0 no momentum.... Far from 0 will be above +50 below -50 lines... if you are between +-50 you dont have momentum. I theoretically aplied a 50 cci to a 233 Tick chart from russell, so that would be a 500 cci on a 23 Tick chart wich I feel very confortable to scalp. On the example below, you can notice that when cci went above +50 and stayed above that level we had a very nice steady trending condition, as he went back between +-50 things got choppy.... This could sugest a nice "context" analisis.... Having that context per example you could take "Trend Trades" playing the dips and continuations.... Again, the spirit of looking to this type of indicator would be to understand market conditions and take profit from it (not become an indicatorist).... cheers Walter.

I would say yes, its a 61.8 retracement call it "ambush" if you want, now I like to see the 5014 cci entry and the ema rejections all together... What size are your 4 emas anyway ? nice chart indeed.... cheers Walter.

Sorry about the paragraphs.... it was holiday jejejej.... yes Soul, I do have a very nice set of rules, what happens is that this rules change depending on market conditions.... So determining market conditions starts the entire analisis... I have a second generation of rules also that will take continuations after a successfull M Pattern.... cheers Walter.

Pivot : should you specify what product and time frame your chart is and we should be completely happy.... cheers Walter.

Pivot : now you got a little more sense on your setup and the indicator usage its fine, you are not trading the indicator, you are using a fine setup criteria ( by itself) and the indicator is helping you to time the trade in the area of your criteria....

Brown : I do trade this concept discounted in a diferent presentation... what I never understand is how do you OPEN your trades in this method....

Hi Pivot : you quote on your chart this " If you Had" entered here... thats something I would like you to expand on HOW do you clearly open positions on that chart.... a WRB candle "after the fact" looks very nice, and that exit criteria has some logic... now the deal is to be on a position previous to that, would apreciate if you expand on that, maybe you can start a new thread on how do you open positions with xx technique.... cheers Walter.

would love if you guys could post charts of this concepts, imagining this concepts on a virtual chart on my head just gets the entire concept dificult to understand... nice thread indeed,but poor graphic examples.... cheers Walter.

Nihaba : could you start a thread on this Volatility Breakouts, I am interested to hear what you have to say..... cheers Walter.

let me add that esignal as software its not very nice, the data service from esignal is very good, you have a great amount of softwares compatible with their data feed,about prices, if you are not a ts acct customer esignal is much cheaper.... cheers Walter.

Brown : your issue is very serious and has to be dwelt professionaly... TS doesnt have the apropiate volume information (period).... from My experience esignal would be the best alternative in that aspect and in terms of service... hope you can migrate nice and smooth to the right change.... cheers Walter.

this is the VWAP average (developed by TS) its very similar to the yellow line from leveragefx (topgunsoftware) .... I dont use it to trade, but its very interesting how it works.... cheers Walter. V WAP.ELD

great cooter, by the way I did post that video here at TL jejejej cheers Walter. other thing I have their positions average (the yellow one) for TS...

I have a TS 8.1 with owndata 2.4.... work like a charm....