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vienna
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Everything posted by vienna
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You broke the red RTL on Inc black volume (intrabar)...good enough does not say it has to CLOSE above the RTL on black volume.... Then you get a black bar that clears the RTL (Mak term). That means that red container is done, finished for the time being. So you have B2B and can anticipate a retrace toe pt 3 (which might well happen inside the previous red traverse) and then you need IBV to confirm the pt 3. Note that this whole new up traverse is probably nondom - THAT is what the lower black vol bars tell you. hth, just my opinion vienna
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Did you call this a "mythology" instead of a "methodology" on purpose?
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Quote from CNMS2: "To be clear: trading "end of bar" means that you'll not usually trade at the optimum moment, not even on the optimum bar, but you don't really need to do so. You just need a way of making money in a consistent manner." -When you say 'trading End of bar" do you mean that ALL decisions are made end of bar? Or just the Entry decision? What about if you are long off an FTT, now price goes down (bar turns red) with increasing PRV. Are you still holding until End of bar? What about washes? Thanks! Vienna
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Sounds good... can see how that would work for traverse level FTT's. But what about traverse level Pt 3's? It seems that there, EOB would get you in too late...? Thanks! Vienna
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End of bar....do you mean that could be a valid approach? Does anybody actually trade like this (successfully)? My feeling was it would put the stop too far away? Have seen one or two mentions by Spyder regarding EOB trading but nothing clear...But I really am eager to hear your comments on this... In a related matter,I am looking for a good way to enter Pt 3's....they seen easy to spot....considering only the 5 min ES and the 2 Min YM, what I came up with is, after the ES x2x , the ES retrace pt 2-3. Then enter End of YM Bar when you get one of the SFC's (see above post) on the 2 min YM. I also filter them into the ones that retrace a certain percentage of the pt 1-2 move, but that is just a personal technique designed to stop me from entering too soon. I saw other suggestions (from Vorzo in the IR thread "For 123 pt3s, I like to see one bar in the direction of the 123 channel to consider it a pt3, and will enter on next bar if it breaks the end of the pt3 bar (BBO) on rising volume (over prior bar) and fast or extreme PRV.") but this seems very late for many pt 3's? Thanks! Vienna
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digging my way through the IR Thread (this time more in detail)...could someone (perhaps from the old hands) help me out: What are the FIVE traverse level signals for change? I have: 1) Peak Volume: Make sure it is not Price acceleration: - Did market VE? - Did it break out of a Lat? 2) Jokari Window: decreasing volume after increasing volume 3) Pennant (FTP, FBP, SYM) Break Out FBO 4) RTL Breakout on Increasing Volume 5) Change of Sentiment (increasing Red to Increasing Black)? Am not sure about 4) and 5)...perhaps it is Outside bar...etc etc.. Thanks! Vienna
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1. No, by a bar w/inc vol on the ES...think about what kind of bar that should be. What if it is part of a formation? Of a Lateral? 2. Signal for Change hth
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A chart is worth a thousand words...I indicated the bar that confirms the PT 3 (without which you can't go off looking for a SFC)... hth somebody, Vienna
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Good point! I would have gone short when the doji completed right at Resistance (the light blue horizontal line). EOD move. The lat had completed and the PT 3 was confirmed. A few weeks ago I took an FTT and tried to pick apart what would typically happen in what order, P and V, ES and YM .....before, during and after an FTT... is a schematic of the "dominoes falling"... note that this is a specific case,but it helps me to think through what has to happen. Edit: (7)/ the YM 2 Min fast tape completes a sequence/ does not always happen. maybe useful to somebody... Vienna
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Thought I post a chart...changed my color scheme to correspond to Spyders...makes decoding his charts (from 08 on) easier... Vienna
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Thanks a lot! Vienna
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[quote name=amisme;147709The reality is that the fractal concept.........is fundamentally incompatible with what is presented on TL. . I believe that to be incorrect. This information has been around long before even the first Spyder thread' date=' on usenet and other sites, for decades it seems....some of the most interesting posts by Jack I read were under Grob109 or Bubba on ET, and I really don't see much difference in the fractal concept. Fractals are fractals.... Different ways to talk about the same thing, really... by the way there were also quite a few people who could trade profitably with the info presented on ET without "trading equities for a few years", btw...Mr. Black, cnms, tums, callmate...etc.etc. In my opinion, this thread differs mostly in the sense that Spyder tried to get people to differentiate for themselves, so he provided only the basics and told people to see for themselves...the style of presentation changed, not the content. But of course, use whatever helps you...I did not find that delving into the gaussians of sub-tapes helped me see market direction very much...one can easily lose the overview and get lost in a maze...but that's me. Good trading and good luck! Vienna
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One more: So I somehow link the macro to bloomberg data? Thanks, Vienna
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Thank you...will check it out! Vienna
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" It seemed you had no idea how to annotate a chart at that time."- darn right!.... Just doing it, repetition, repetition. As to drills, the most useful I think was taking 50 charts with volume only, and draw what I thought price had done, and then the inverse: take charts with price only and draw the gaussians. Jack actually advised me to do this. Also, drawing each bar in real time by looking at volume only...did that for 2 weeks, bar by bar. Expect this to be very frustrating at first, but very helpful...good luck!! hth, Vienna
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OK thank you...this was not really my question but is welcome information ...where can i find the original spreadsheet with the macros intact? thanks, Vienna
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How do the values on this graphic (e.g. fast from 19-31k) relate to the pace lines? Would the pace line for fast be at 19k then, or in the middle between 19 and 31k? Just giving an example, the numbers might be off... thanks, Vienna
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I look at both the 15 and the 60 (and, infrequently, the daily) for the big picture, all of them degapped. The tapes on the 15 correspond almost exactly to the traverses on the 5 (got that from Mak)....so, if there is a slower fractal RTL or LTL looming nearby, I want to know....have seen price react to these too often....(don't ask me why this works, have no idea)... hth, Vienna
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Today's ES.... regards, Vienna
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....pretty similar.. Like your interlocking gaussians! best, Vienna
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upon debrief, changed the slow gaussians slightly...that increasing red vol at 11:50 threw me in RT, but then I remembered a comment from Spyder that sometimes increasing vol occurs on the nondom when it reenters the old channel (red)... Vienna
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What Spyder used to call "FTT to FBO" or what others call "rolling up" pretty much all day long... hth, Vienna
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Ok Ezzy, will do. The most important thing-IMO- is to let their top people know (by whatever means) that traders would switch to their software if they offered that feature...that is the language that software developers understand and respond to - the possibility to get more subscribers.......I told them (truthfully) that I know several people that would switch, and that I would beat the drum for them on ET if they added that feature etc... unfortunately, I ended up not going to the NY Expo, so I missed the chance to lobby for it in person. Btw...the "scrambling" in the first 5-10 minutes is certainly a pain, which must be a Hershey trader experience all over the world... best, Vienna
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Hope so too...:-) I got an answer from Richard Stoll on 1/20 that read: "The feature request is quite interesting. The ability to automatically shift the drawing tools and trendlines when using the degap feature would be quite useful. I do believe that our Development Staff may be able to devise a tool or functionality for this, but I can say without doubt that this would be an extremely massive programming project that could take months or longer to properly produce. Richard Stoll Director Customer Service" No idea if that means they will do something or if this is form letter #7B...
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I look at the 15, the 60 and the daily, degap. Don't find the 15 to be noise (review recent post by CNMS "no noise!")...:-D Leave the absolute minimum on your charts (only RTL's), so the shift is easier. Am lobbying TN to get them to program the automatic shift, the more people do that, the better... hth, Vienna