walterw

Nice issue Brown... on my case I keep working on a second paralel proyect, for me its forex, so far still on research phase, couldnt start live trading for personal reasons, but having a paralel proyect t my regular trading gives me that motivation, on this case I have a 150 Millon target proyect wich will take me arround 5 years once I get started... It really opens my mind and keeps me motivated on my regular trading as well... thats my two cents, cheers Walter.

Obviously James you pay a higher margin there dont you ?

well nice to meet you Hal, and thanks for your kind words... as you know the process of colaboration is a process where we all grow together... I had received lots of great help in the same dimension as my inputs on this forum, but certainly it was posible thanks to the spirit of respect we have here on TL... and that is something we must be greatfull to James for installing that etiquete, about a new thread on ES flips it would organize the topic, we will get there... all interactions are very welcome Hal, cheers Walter.

well nice setup and timing thru candles and key S&R levels presented by Brownsfan... the Flip (S&R changing roles) is a very simple way to aproach the markets, in this case its interesting to see it on a 3 min scale... I add this chart wich has one of Browns examples, notice on the same day how we got another clear flip on ES for more concepts on flips this thread http://www.traderslaboratory.com/forums/f34/the-flip-trade-support-and-resistance-1714.html it has some good info, now it is more a scalper type trading, on 3 min we can go for more longer trades... another example : maybe we should start a ES candle flip thread... cheers Walter.

this would be a basic thread where some timiming concepts are being presented http://www.traderslaboratory.com/forums/f34/timing-alternatives-3520.html take care, cheers Walter.

yeap, I see and obviously that will give diferent RRR`s as well... cant get more clear than that... thanks Brown.

good good good... so we have in this case a piercing pattern right on old resistance new support (flip)... in terms of "timing" would the swing of the high of the piercing pattern be the place to enter ( above the high of the green candle )... or other alternatives ? thanks Brown.

OK let me add a very small detail I am actually using on my timing that can give you a very interesting edge... this is on the case of a "pivot swing" timing... remember I am a scalper myself so its viewed from a scalper point of view, but may also be tested on diferent time frames... on this case you have the pivot swing type of timing being slightly modified... instead of taking the first break, you may want to take the trade on the second attempt... this way you can avoid false breaks and have more confidence on the entry... on this chart you can see the concept : and a real world example : screen time is the best way to see this timing edge... normally you get a small bounce before doing the real break... ok... thats my latest 2 cents, cheers Walter.

Nice nice charts as usual Brown ¡¡ on this case you whent right into posible setups... on my vocabulary the two type of setups you refer to, would be "coil break" and "flip"... the coil break was the break of that wonderfull rectangle (coil) and the flip would be the re-test of old S&R levels.... Thru candles we can have a complete new set of simple timing methods as also discussed on the corner... one is the close itself of a key candle on a key area setup... the other can be the swing high/low of a key candle on a key level setup... NOW... adding candles to price action readings as Brown gave us this powerfull examples can be one of the most simple and yet efective way to trade the markets.... the setups : coil breaks, false breaks, flips, continuations, extreme reversals are just a few to mention on the setup world that can be so well detected thru the powerfull candle aproach... thanks Brown for great inputs ¡¡ as always it is a pleasure to interact with you ¡¡ more insights will be strongly apreciated ... cheers Walter.

NIck in terms of average crossovers, not any regular averages... I use a combo of hull with sma... you also have the vma aproach as well... cci can be leading and readings can be very simple... but the final product is very similar... Remember that if the setups concepts are not the right ones, even on good timing methods you will lose money... you first need good setups and then implement the timing method that suits your personality... cheers Walter.

I asume James you are using the cci hook at the end or almost at the end of the bar... is that the case ? cheers Walter.

Markets are permanently doing "pivots"... that famous "V" shape... so you can use those V`s to organize your timing moments... For example lets deal with two scenarios where we can take two diferent types of timing methods : 1) The Pivot Swing Timing in this case you enter a trade with the criteria of swinging an x pivot... some kind of a break trader... 2) The Pivot Inflection Timimg In this case you are timing right on the V formation actually, you can use averages crossing themselfs or oscillators crossing levels like I use to do with cci... ( you may want to check the flip thread, lots of cci timing examples there)... So those are two types of timimg methods you may use acording to your strategy needs... cheers Walter.

Hello my dear fellow traders.... this will be a simple thread where I will start to discuss some of the simple timing methods I use and have in consideration... Its no brainer and its nothing new at all... but may be very nice to give some light for newbies in terms of how to organize their "click" moment... Timing for me is the click moment when you press you mouse button and send an order on your dom... trading soft etc... but timing can also be more than that, its your straregy of "when" "where" on the entire price action picture you do enter a trade... thats an entire arena that will depend on the type of strategy you will trade... In this little compendium, the idea actually is to give some hints on how to enter a trade based on x simple criteria... previous to that you actually need a setup... I am NOT discussing setups on this thread at all, just diferent type of timings that you can use "After" an x given setup... so there we go.... I am not being 100% active as before, so be patient for answers in case of questions.... cheers Walter.

Sure Sledge ¡¡ maybe I can start a new thread about that... lately I am not having much time but I will try to get that asap... take care... cheers Walter.

most volume based oscillators have more + presence, thats why + or - its not the issue as the divergences you can capitalize on... watch for strong momentum conditions may get tricky... works very good on cycle days... cheers Walter.

Nice charts there James, I also see some powerfull hammers right on this key levels... personally I am testing them on historical data and a hammer on the right context may be a 80% winner most of the times... CCi could also be used on 50 and 100 lines crosses as agresive anticipation timing tool... thanks for inputs... would be nice to add more examples on a daily basis during some weeks ahead on this same thread so we can hammer our small brains with this succesfull stuff... this is what I mean James with hammers on proper places : nice stuff keep them coming.. cheers Walter.

Hi James, are you using cci on some particular way ?... cheers Walter.

oh yes Sledge, reading volume its not easy... in terms of timing I would use some other easy simple methods... volume can be used as setup info, but not for timing.... 64.000...mmmm maybe more... once you master timing, you are in bussiness... cheers Walter.

we have the candle corner here on TL, powered by the legendary Brownsfan, a candle profesional among us... literature would be Steve Nison... cheers Walter.

Thanks guys I am very happy to be back as well... cheers Walter.

I always liked this great article... if we had to apply to intraday a YM 1 min would look like this : pullbacks are clearly identified by small volume... well not much of a volume trader myself, but on this hyatus I am taking being reading some of this good volume stuff... still for me, price action is king... (specially revealed thru candles) maybe Martin could add some more articles on this thread, that would be awesome... cheers Walter.

To all my fellow traders I have to anounce I will be out of the forum and trading for aprox. two months as I will be going thru some persoanl issues... When I come back I will be very active again on the interaction as the chimp usually does... so see ya soon all... cheers Walter.

hello James, this looks very nice ¡¡ as usual TL is getting even more cool ¡¡ My bug : I am not able to enter the chatroom, tells me to login, login doesnt get you there... sorry for the inconv. hope all this doesnt give you to much headache... Thanks for all the work James... cheers Walter.

Another one... cheers Walter. Magenta Rejects with slope.swf

here a video on this... cheers Walter. Trading with flips and abc.swf