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SILVER
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Posts posted by SILVER
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Silver is moving towards 32.17 (1). This should be the point where it will either move up to the upper square or get repelled to the lower.For now SI looks to be in a strong position as it turned its move away from the lower square,However,this is all happening on low volume so to me it does not look like the upper square will be a near-term target.Instead I see it touch or maybe even pinch through 32.17 but will lose steam after that and go down below 28.I see a top in mid-february and a bottom in late march,from where it will move to its high in the second half of the year.
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You should inquire with the CME Group for that.I am sure they will help you with it.
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The 45 angle describes a 1:1 relationship,If some angle is supposed to be the 45 but doesnt look like it,this should be due to squaring issues
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I basically tend to think you wont find this type of info for free...maybe yahoo,but if you have a trade account you should be able to export daily data from your broker...other than that I guess you need to check with data vendors and buy a feed
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1. Sacred Geometry by Robert Lawlor
2.Secrets of ancient geometry by Tons Brunes
3. The trading methodologies of Gann by Hilma Reddy,shows non-astro basic Gann stuff
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I have no clue about easy language,only C,but have you tried putting the resulting values of X in an array over which you have a sort algo run afterwards and then have the largest value returned?
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Doesnt look like added value for short-term trading:2c:
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depending of the rest of your architecture.....I would go for the i3 of these two
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Chart could probably have been made with Wave59....another astro software is TimingSolutions
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If you take volume into the picture then the upmove we see these days is weak and not ready for the move over 28.5 IMO
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Mit,
Moon? Shhhh I forgot its a Gann thread....I´d rather go with the power of illusion
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I also expect an upward correction in Silver with stop below $25
Bob,
I bet your stop wont be triggered....at least not near term;)
The upward movement should take it in the 28.35 area and downside support is in the 26.87 area in my estimate.
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I would not think this to be true in general,what an academic achievement shows,however,is that someone spent a few years concentrating on a certain field and this is a trait necessary to become a successful trader.
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A healthy debate should not need any moderation IMO,sure sometimes things can heat up,but isnt that life?
Of course anything illegal must be moderated/deleted etc
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Are you managing a desk at Goldman or something? If not, then the above phrase sounds just a tad pretentious . . .What wording would you have chosen comrade word check?
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Not sure if Yoga is the same as Qi Qong,but the latter is usually associated with this demons stuff...way too metaphysical for me,but a quick google should give you some hits
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I can only but agree with your comment on TT being very useful. The part on the interconnectivity of time,price cycle is beyond my understanding,esp. the time aspect, but I am certain from what I read in your Gann thread that you have some arithmatic to connect these.Thats certainly a nice advantage for daily plannings.
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Good thoughts Mitsu using rally and decline a la Taylor....I always had logical trouble with these compounding two days and started using the H2L/L2H designation to split them for daily values that allow me to compare daily changes to daily changed volume.From your other posts it seems you add some more sophisticated ideas to Taylor to get further insights?
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if going by strict Taylor rules.... this was buying a higher low on buy day
however Taylor would say don't buy a higher low if it occurs at the close
so by strict Taylor rules... there would have been no long at all
i may be incorrect about that but i believe that's it according to Taylor
Taylor (p.30) advocates the buying of the higher bottom even if the low is made last...however...one is to watch the opening then and if the instrument does not hold the gain one should sell on any rally after the decline with the BD low as selling objective.....I personally favor your not going long at all as it relates to the fact that with a low made last chances are the occurence of a BDV and the not penetrating of the BDH as selling objective,I find it a safer play to go for the BDV on sell day.
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taylor says buy day is a long below SS dayby my count wednesday is buy day ... a long below the low of tuesday
for me .... a low put in on tuesday set up a long on wednesday .... however globex messed that up
here is where i differ....
taylor would say thursday is sell day and to just stay out.
however i say ... there is a low put in on tuesday ... and the same low put in on wednesday
for me that sets up a buy point 10 points below the low for a buy point on thursday
thursday is sell day but for me it doesn't matter
the chance for a buy point is set up ... that is how i differ from taylor who would say to just stay out on sell day
there is also friday's low ... and ten point below 38 is 28 ... which is below friday's low as well
the more people... that can be wrong at once.... the bigger the opportunity for those who are right
I am always confused by your wording,so not sure if I got you right....the way I get it you describe a buy day violation which if it occurs first can be bought and sold with BDL as selling objective(p.22)
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I have the same take on the count,it is just a naming system primarily to me.What I find more important is how Taylor characterised the typical behaviour of the labeled days and to apply this to the actual unfolding market regardless the name according to the cycle.Taylor describes the buy points as corrections and depending on up- or downtrend there are between 1 and 3 corrections possible,sometimes in an uptrend there is only one on SSD which elovemer already described,in this case the retest of the SSL on BD would fail which is according to Taylor a sign for higher prices for at least one day.
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It just isn't.Like a lot of things in this world it's just a theory.You cannot rewire a persons belief system in order for them to trade.You cannot rewire a wannabe to be a rock star (no matter how much they want it).You cannot rewire a pacifist into a soldier.
My prediction regarding your field making any inroads into the trading world has about the same odds as the gov war on drugs ever being won.
Let's re-run the turtles experiment,this time using their own money..and at some point before they blow up we'll send them to you ..for re-programming
I got stuck on your reference to military...while I must agree you certainly wont turn a pacifist into an urban combattant because he doesnt share the slightest idea about fighting,but this doent count for someone thats already having an inherent idea of what it takes to fight.A little help=reprogamming will turn the latter into an able soldier through reprogramming his attitude towards himself,the work he is supposed to do and his thoughts on how to perceive such fluid situations.Your examples all work on the assumption that one extreme is turned into its opposite which naturally should be hard to realise.Someone without talent for painting would never be turned into even a soso painter,even if taught by Leonardo da Vinci.I would think this is also valid for trading.IMO the psychological aspect can have merit for trading if you analyse and correct patterns on your own free will and insight,not just rethinking what someone else told one to think.
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Rande,
thanks for giving such insights in the ways you see the mind working.Helped me get a different perspective and work from that.How long does it take on average to reprogram certain patterns from your experience?
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I would also recommend building it yourself,which would take only a bit more time to get familiar with the building process,i.e what works with what and where to plug/put the devices on board etc....Build around a motherboard,pay attention to a fast processor and sufficent RAM and a powerfull power supply- that would be fine to fulfill the tasks represented in trading for a computer.As for how many screens you be using,decide what you need than pick a graphic card suitable to a chosen motherboard.
Invest in Silver !
in Market Profile
Posted
Mit,
time cycles are based on my application of Ganns 10year cycle and his Master Cycle