The Price / Volume Relationship

[padrotshik]

Originally Posted by ptunic Tuesday, July 27, 2010.

Thanks for posting your chart.
The volume from 15:35 - 15:55 (close) don't support your gaussian, decreasing vs. increasing.

[ptunic]

Thanks for the feedback. I was on the fence about that period (and many others on yesterday's chart!) but in particular those bars, changed my mind several times

I wasn't entirely convinced with the mode of those bars:

15:35 [close of] : decreasing red volume , mode: long
15:40 : increasing red volume -- but lower volatility (almost half the bar size). mode: long
15:45 : increasing red volume -- but bar is in flat bottom pennant : mode long
15:50 : increasing red volume -- but bar is outside bar, bar closes inside prev bar. mode: long
15:55 : increasing red volume -- but end of day effects starting, also closes inside prev bar, also almost spike bar -- mode: long

That said, totally agree, focusing at the volume it is clearly increasing red, and maybe after several bars of that it is enough to be more of a factor than whether bars are closing inside the previous bar etc. Sounds like my test for dominance is a bit too strict. thx

[cnms2]

Originally Posted by ptunic ... I was on the fence about that period (and many others on yesterday's chart!) but in particular those bars, changed my mind several times ...

Fractals at work .

[bluesky]

I tried to download some of the videos on pages 196 and 198, but I couldn't get to the
download page. Does anyone know if those files are still availabe on FileDropper?
Thanks.

[StephenR0]

Originally Posted by bluesky I tried to download some of the videos on pages 196 and 198, but I couldn't get to the download page. Does anyone know if those files are still availabe on FileDropper? Thanks.

It does look like they're going away. If you don't mind a slow download, I've created a torrent of the files. I've attached the .torrent file in a .zip. This will take some time because it's over 5.1 gigabytes and I throttle my uploads to 50 KB/sec. But it should work and if anyone else participates, it should work better. When you get it, you should seed it so others can get it too. Please, let me know if you have any problems. I've never actually tried this before.

[Ezzy]

Originally Posted by bluesky I tried to download some of the videos on pages 196 and 198, but I couldn't get to the download page. Does anyone know if those files are still availabe on FileDropper? Thanks.

Looks like they already took them down. If/when I get it resolved I'll let everyone know.

- EZ

[patrader]

Originally Posted by bluesky I tried to download some of the videos on pages 196 and 198, but I couldn't get to the download page. Does anyone know if those files are still availabe on FileDropper? Thanks.

try this link: 4shared.com - free file sharing and storage - Login

[Breakeven]

Hi all, I have a chart and some thoughts I was hoping to get some advice/opinions on if anyone is willing.

Lately I have been doing fairly decent (still a long journey ahead) at my MADA. At times, several days or even a week or two can go by with each gap-adjusted day flowing right into the next as expected. Of course it remains to be seen if this is actually improvement or just strings of luck where my mistakes are not obviously proven wrong by the market lol.

Then there are the times where a string of days is working perfectly followed by something that invalidates some or all of the previous days. Monday 8/2 ended the most recent string.

So, I thought to post a chart of Friday 7/30 with my thoughts at the time of what the market was building and what was to come.

I had thought the market was building a down channel starting on 7/28 bar 2. The first Traverse of this channel had several VE/Zone/Acc which I know are generally what lead to my MADA failing. But anyway, I ended the first Traverse on 7/30 bar 2/3. At this point I am building a non-dominant Traverse headed to Pt 2 of the down channel. This seemed to work out well through EOD 7/30, but of course 8/2 makes a gap-adjusted new high over my Channel Pt 1.

Possible places I went wrong:

1. There was no down Channel starting on 7/28.

2. There was a Channel there and I screwed the Traverses during all the VE's causing the Channel/Traverses to end sooner than I expected.

3. The market was doing something compeletly different and through luck of multiple errors I ended up with something that just "looked" right. Failure is always an option!

Please feel free to give advice on where I screwed up these last few days. I really hope the point of failure can be pinpointed (if my MADA was anywhere close) so that I can go about working out the "whys" with some surety I am in the ballpark.

Attached is a chart of Friday, as this was the last day everything seemed to fit perhaps the error lies here?

Ugh, re-reading this it seems to ramble.

To be specific with my questions: Do you think that a down Channel started 7/28? Do you think 7/30 was an up Traverse?

Thanks very much for any guidance you can give!

[cnms2]

Originally Posted by Breakeven ... I had thought the market was building a down channel starting on 7/28 bar 2. ... To be specific with my questions: Do you think that a down Channel started 7/28? Do you think 7/30 was an up Traverse? Thanks very much for any guidance you can give!

Have you looked at a de-gapped chart for the last ~10 days, or at least starting with 7/26?

[Breakeven]

Originally Posted by cnms2 Have you looked at a de-gapped chart for the last ~10 days, or at least starting with 7/26?

Yes, and starting the down Channel on the peak of the 26th would fit nicely. I had the 26th as pt2 of an up Channel and I have looked at that up Channel several times and it seemed correct...but it never occurred to me that my mistake might be further back than that

I guess the reason I didn't want to look beyond the 28th for the mistake was that everything from 7/16 onwards just "worked". Bad case of tunnel-vision.

I will work my way backwards tonight, hopefully without the blinders on.

Thank you very much for the tip!