Jump to content

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.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Spydertrader

Recommended Posts

Ezzy    10

Ezzy
Posted
ahhhh ! here is one of them

 

edit: this drawing of IF1 IF2 APA was created by Bi9foot. this is not the strategy report. This is a great drawing and explains well.

 

 

now I remember Ezzy searched extensively for these docs and they did not turn up.

 

Good memory. What you posted was the only "formal" write up. The "Report" was going to be part of series being done that was never completed, way back MSN board days.

 

Couple thoughts on it: Use it mechanically and get chopped up. But it's a good drill to do. Don't use it in low volume. Lateral movement will kill it too.

 

Not sure if it was created to help people who had trouble switching sides, kind of like the wash drill.

 

It can be used as a fail safe. To get more efficient you want to get as close to the LTL/FTT as possible. If you are on the wrong side of the market, consider the RTL as a last line of defense, line in the sand. Then IF2, then on to an IBGS type bar, and on to the (max efficiency) 2 pair at the top/bottom of the FTT bar at the finest level.

 

If you use it all the time you will get chopped up. You're trading before the bar closes. Pick your spots carefully. Some days it will seem to work great, others a nightmare. :boxing:

Share this post

Link to post
Share on other sites

cnms2    10

cnms2
Posted
I think observable is the key word here. Trying to stick to what is observable on the 5min. ...
From your reply I infer that I didn't express myself clearly: I was stating that on the 5 minute chart you may see finer market fractals only during the low volume periods (usually midday). So I was suggesting that the best trading (and non-trading) fractal for the 5 minute chart may inherently change function of the pace. It may not be optimum to stick to the same market fractal always. There are volume variations between days too, hence one day you trade one market fractal, another day another fractal.

Share this post

Link to post
Share on other sites

Ezzy    10

Ezzy
Posted
From your reply I infer that I didn't express myself clearly: I was stating that on the 5 minute chart you may see finer market fractals only during the low volume periods (usually midday). So I was suggesting that the best trading (and non-trading) fractal for the 5 minute chart may inherently change function of the pace. It may not be optimum to stick to the same market fractal always. There are volume variations between days too, hence one day you trade one market fractal, another day another fractal.

 

No I didn't catch that, but do agree. If often works out that way.

Share this post

Link to post
Share on other sites

rs5    10

rs5
Posted
Do you have on 10:50 bar OB IBV?

I think you forgot about the volume-in-a-formation rule?!;)

 

Hmmmm, what rule is that please?

 

On 4/26 I noted OB-IBV comparing the outside bar volume to its mate (the prior bar)'s volume. Do you mean I should take into consideration and compare the OB volume to the FTP formation volume prior to the mate? Yes indeed. I just eyeball to confirm that we are in a non-dom move, but do not really call it out (gaussian is notating that). Thank you for the observation :)

Share this post

Link to post
Share on other sites

rs5    10

rs5
Posted

Thank you so much Tikitrader, MKTr, Ezzy in response to my question on IF1/IF2 APA :) It looks like an advanced technique.........good to know but probably too advanced for me at the moment. I am still working on basics :)

Share this post

Link to post
Share on other sites

TIKITRADER    10

TIKITRADER
Posted
In the end we are interested in making money and not in making beautiful charts.

 

yep agree there. here is a very simple trade I took yesterday. live trade.

times can be matched to chart to see entry and exit of a faster fractal trade.

was out all day when I came home this was sitting there.simple 1 contract trade ES. left home after this trade missed rest of day.

5aa70ffe84d93_estradeapril27.thumb.jpg.83f882701af181ad8b1623bcbee93d12.jpg

Share this post

Link to post
Share on other sites

BlowFish    10

BlowFish
Posted
For more on IF1, IF2, APA from the horse's mouth check Grob109's posts here and here, and BlowFish's attachment.

 

Funilly enough I remembered finding that when I went on a similar search, it was somewhere obscure! I had a quick look on my 'cloud' storage and no Hershey folder, guess it got archived to old fashioned storage before clouds existed. Seemed like the newer documents covered it so didn't go much further. Glad I have not gone completely senile.

Share this post

Link to post
Share on other sites

MKTr    10

MKTr
Posted

On weekends I do a few days of drills. It is also a chance to to review previous efforts to see how they connect into the bigger picture. Here is 28 to 30 Apr 2010 on 5' ES.

 

BTW it is interesting to note how different the experience of drawing charts has become for me. It used to be very taxing, even stressful at times. Now I find it relaxing to the point that if I have a bad day I turn to chart drawing to relax. This is true in hindsight and in real time. I sign of progress, I hope.

 

Thanks for all the hard work rs5.

 

MK

5aa7100094445_MK20100428to305ES.thumb.png.5636b2d35bd0d0ce99c2b4e990a883c4.png

Share this post

Link to post
Share on other sites
Guest
This topic is now closed to further replies.
Go To Topic Listing

  • Topics

  • Posts

    • Stocks4life
      Breakout and Swing Stock Ideas

      By Stocks4life · Posted

      CVNA Carvana stock, nice top of range breakout at https://stockconsultant.com/?CVNA
    • Stocks4life
      Breakout and Swing Stock Ideas

      By Stocks4life · Posted

      GDRX GoodRx stock, good day, watch for a bottom range breakout at https://stockconsultant.com/?GDRX
    • HFblogNews
      HFMarkets (hfm.com): Market analysis services.

      By HFblogNews · Posted

      Date: 14th February 2025.   Can The NASDAQ Maintain Momentum at Key Resistance Level?     The price of the NASDAQ throughout the week rose more than 3.00% to bring the price back up to the instrument’s resistance level. However, while taking into consideration higher inflation, tariffs and the resistance level, could the index maintain momentum?   US Inflation Rises For a 4th Consecutive Month The US Consumer Price Index, or inflation, rose for a 4th consecutive month taking the rate even further away from the Federal Reserve’s target. Analysts were expecting the US inflation rate to remain unchanged at 2.9%. However, consumer inflation rose to 3.00%, the highest since July 2024, while Producer inflation rose to 3.5%. Higher inflation traditionally triggers lower sentiment towards the stock market as investors' risk appetite falls and they prefer the US Dollar. However, on this occasion bullish volatility rose. For this reason, some traders may be considering if the price is overbought in the short term.   Addressing these statistics, US Federal Reserve Chair Jerome Powell acknowledged that the Fed has yet to achieve its goal of curbing inflation, adding further hawkish signals regarding the monetary policy. Other members of the FOMC also share this view. Today, Raphael Bostic, President of the Federal Reserve Bank of Atlanta, stated that the Fed is unlikely to implement interest rate cuts in the near future. This is due to ongoing economic uncertainty following the introduction of trade tariffs on imported goods and other policies from the Republican-led White House.   Most of the Federal Open Market Committee emphasizes additional time is needed to fully assess the situation. According to the Chicago Exchange FedWatch Tool, interest rate cuts may not start until September 2025.   What’s Driving The NASDAQ Higher? Earnings data this week has continued to support the NASDAQ. Early this morning Airbnb made public their quarterly earnings report whereby they beat both earnings per share and revenue expectations. The Earnings Per Share read 25% higher than expectations and Revenue was more than 2% higher. As a result, the stock rose more than 14%. Another company this week that made public positive earnings data is Cisco which rose by more than 2% on Thursday. Another positive factor continues to be the positive employment data. Even though the positive employment data can push back interest rate cuts, the stability in the short term continues to serve the interests of higher consumer demand. The US Unemployment Rate fell to 4.00% the lowest in 8 months. Lastly, investors are also increasing their exposure to the index due to sellers not being able to maintain control or momentum. Some economists also increase their confidence in economic growth if Trump can obtain a positive outcome from the Ukraine-Russia negotiations.   However, during Friday’s pre-US session trading, 80% of the most influential stocks are witnessing a decline. The NASDAQ itself is trading more or less unchanged. Therefore, the question again arises as to whether the NASDAQ can maintain momentum above this area.   NASDAQ - News and Technical analysis In terms of technical analysis, the NASDAQ is largely witnessing mainly bullish indications on the 2-hour chart. However, the main concern for traders is the resistance level at $21,960. On the 5-minute timeframe, the price is mainly experiencing bearish signals as the price moves below the 200-period simple moving average.   The VIX, which is largely used as a risk indicator, is currently trading 0.75% higher which indicates a lower risk appetite. In addition to this, bond yields trade 6 points higher. If both the VIX and Bond yields rise further, further pressure may be witnessed for index traders.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Stocks4life
      Breakout and Swing Stock Ideas

      By Stocks4life · Posted

      LUNR Intuitive Machines stock watch, attempting to move higher off 18.64 support, target 26 area at https://stockconsultant.com/?LUNR
    • Stocks4life
      Breakout and Swing Stock Ideas

      By Stocks4life · Posted

      CNXC Concentrix stock watch, pullback to 47.16 triple support area with bullish indicators at https://stockconsultant.com/?CNXC
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept