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...haven't had any questions yet...

.... not much to disclose

 

This is like TRO but with all semblance of context removed so as to preclude any sense of intelligibility.

 

Have you considered posting a chart, a few words of explanation, etc.? There is such a thing as providing so little information, that others do not know how to begin to formulate a question.

 

Best Wishes,

 

Thales

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Seems pretty simple to figure. It looks like the guy is looking for reversals after the daily average true range ( or some take on that number ) has been accomplished. If they don't manifest, he decreases the daily ATR from the previous week by 1/2 a point ie 9 to 8.5. If they overshoot, he increases the daily ATR figure he used from the week before.

I'm sure I didn't hit the nail on the head but I think that might give you guys someplace to start.

Edited by clmacdougall
spelling mistake

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...sorry...

..i thought i posted some explanation somewhere....

 

... let me find it and i will repost it....

 

page 5 ? is that not good enough ?

 

if you need more explanation... just let know and I will be happy to try again

 

 

This is like TRO but with all semblance of context removed so as to preclude any sense of intelligibility.

 

Have you considered posting a chart, a few words of explanation, etc.? There is such a thing as providing so little information, that others do not know how to begin to formulate a question.

 

Best Wishes,

 

Thales

Edited by elovemer

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no. much more simple than that.

 

1. fade a ten point move.

2. 9 points is good enough sometimes

 

about 8.5..... i was just commenting that there were no signals lately because the moves were less than 9 points

 

 

Seems pretty simple to figure. It looks like the guy is looking for reversals after the daily average true range ( or some take on that number ) has been accomplished. If they don't manifest, he decreases the daily ATR from the previous week by 1/2 a point ie 9 to 8.5. If they overshoot, he increases the daily ATR figure he used from the week before.

I'm sure I didn't hit the nail on the head but I think that might give you guys someplace to start.

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no. much more simple than that.

 

1. fade a ten point move.

2. 9 points is good enough sometimes

 

about 8.5..... i was just commenting that there were no signals lately because the moves were less than 9 points

 

From which point do you begin to consider a 10 point move has begun? For example, from 3 days ago, or within the timframe of a single session?

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... it doesn't have to do with time as much as with distance... 10 points distance

did you look at page 5 as i referred to above ?

i am using 5m chart... a move can cover more than one session

... it is not about deciding where to start..... it is about where does it finish

..actually.. .the best way i can think of to explain how to see this...

... is to just go to the chart ... 5m globex chart

 

... now find all the 9-10 point moves... using ES contract

.... sometimes it will turn... sometimes it will pull back only a little

....sometimes it will go 20 points

.... sometimes it will go 13 points and come back to test the 10 point before continuing

...sometimes it will go 12 points and turn

..and when it does turn... sometimes the pullback will be small... sometimes it will be a full 10 points

... but to get a feel for it... it is best to just go over the chart... and see for yourself

..... somebody trying to explain it is sometimes not the easiest way

 

... you know... i could say this and that...

... then you come back and say "hey this didn't work here like you said it would"

...it's better to just explore it for yourself

 

... not trying to avoid the question... just trying to help

... and i will say this... it works best when there is no trend or when the trend is changing

....when the trend is strong... it is better to fade the system and go with the direction of the 10 point moves as the pullbacks will be very small

 

From which point do you begin to consider a 10 point move has begun?

For example, from 3 days ago, or within the timframe of a single session?

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... take yesterday for example...on globex

 

from 44.25... you would look for 34.25

... it ended up going to 33

-------------------------------------------------------------

next pivot is 37.75 during rth

.. so from there you would look for 27.75

it ended up going to 27.75

--------------------------------------------------------------

so you see... on the first signal... the pullback was small

 

but on the next one... it went all the way up to 37

...so you would reverse your position at 37 to short

... and you already have 10 points in the bag assuming you held

 

ended up going to 32.25

..from 32.25... if it gets to 42.25 you would go short again

 

... from 32.25 ... if it can't get past that 37.... and goes back down..

... then you would go long at 27 if it gets down there subsequently

 

...there are other rules... but you get the idea...

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... take yesterday for example...on globex

 

from 44.25... you would look for 34.25

... it ended up going to 33

-------------------------------------------------------------

next pivot is 37.75 during rth

.. so from there you would look for 27.75

it ended up going to 27.75

--------------------------------------------------------------

so you see... on the first signal... the pullback was small

 

but on the next one... it went all the way up to 37

...so you would reverse your position at 37 to short

... and you already have 10 points in the bag assuming you held

 

ended up going to 32.25

..from 32.25... if it gets to 42.25 you would go short again

 

... from 32.25 ... if it can't get past that 37.... and goes back down..

... then you would go long at 27 if it gets down there subsequently

 

...there are other rules... but you get the idea...

 

A picture is worth a thousand words (wink wink)

 

Gabe

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.... actually i am happy to help...

... but honestly... i did not start the thread as something for others...

.... i started it as a kind of journal for myself...

... so i didn't really care if anyone understood anything...

 

... if someone is interested... i am happy to help out if i can...

This is like TRO but with all semblance of context removed so as to preclude any sense of intelligibility.

Have you considered posting a chart, a few words of explanation, etc.? There is such a thing as providing so little information, that others do not know how to begin to formulate a question.

Best Wishes,

Thales

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..... start what ?

... start posting a tutorial ?

 

...i'd rather not... but i am happy to answer any questions you may have if they are specific

... it's really not complicated

... and it really is best if one explores the chart themselves... and then comes back with a question from the chart

 

... how about i just continue what i was doing... which was posting signals that i see

... and if there are any questions... i can just field them

 

does that sound ok ?

... that would probably lead to some kind of progression.. which would be good maybe

please do start it

thanks

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how about this....

...i just continue posting signals... but with charts this time for the thousand words thing

...then if there are questions.... we can just go from there ?

 

i am glad others are interested... because i think it is a swell method

... but it is definitely not easy... and definitely not programmable

 

...and as i have said already... i did not come up with this method

Edited by elovemer

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