[elovemer]

..... you haven't read the book.... you proved that already when you proposed that changing the cycle for up trend and down trend is not part of the method.....
... go read it ... go study it.....
..... offer something to the thread... once you know what the method entails....

..... if you want to post here on a personal basis.... which is what your original post was.... a personal post.....
.... then send me a pm ....
..... otherwise.... offer something of value... which has nothing to do with individual traders... but rather with method.....best would be something of your own ....

.... your quotes from Taylor don't change the fact that you are not familiar with his work .....
..... your last quote has nothing to do with your proposition that Taylor does not change his cycle when the trend changes up/down
..... and especially ... it has nothing to do with your proposition .... that by changing my cycle.... that i am putting my own spin on Taylor's methods.....

.... if you want to post on a personal basis... go post on ET ... TL is not the place for it.... or contact me privately....
.... i wonder what your handle is over there.... you have probably littered that site with the same kind of personal posting which you are doing here....

... if you have actually read the work .... then it should be no problem for you to determine that the work describes very clearly that changing the cycle depending on whether the trend is up or down ... and depending on the time frame the trader is working with ..... is very much a part of the method....

.... if you want to keep this idiotic exchange going.... then send me private message.... don't pollute this thread......

Originally Posted by monad »

But as I said this is getting us nowhere,
[/B][/COLOR]

[elovemer]

..... there is nothing in this post.... which comes from you as a trader.....
..... just you quoting others.... while trying to correct other's methods.... without having read Taylor's work....
.... offer something of your own.... and this thread might benefit from it.....
..... this is not my thread..... Dogpile.... please dogpile this joker.....

...by the way ... i never claimed to offer anything of value to this thread.....and i still don't...
..... but i sure won't take any SH** from someone who has not even read Taylor's work.....(your quotes only prove this out)

Originally Posted by monad »

As WHY? and Richbois have explained,

QUOTE FROM WHY? [COLOR="Blue"]"
/COLOR]

and again as Eiger has posted on VSA thread

[elovemer]

..... I have no idea who this writer is or what this writer could possibly mean by this passage....
....it is so .....unclear.....

.... changing the cycle in uptrend/downtrend changes.... would be sacrilege..... !!!!!

-----------------------
It is a fact and the records show it, for many years back that the market has a definite 123 rhythm, varied at times with an extra beat of 1231 and at times 5, these figures represent days. The market goes up 123 days and reacts, the 4th and 5th figure is the variation when it runs that extra day or two on the way up and on the way down in both bull and bear trends. This beat of the market subject to these occasional variations occur with surprising regularity, so it seems that the same methods of manipulation used in the past are still used today,

...... that is of buying and then selling every third or fourth day in an uptrend
......and reversed for a downtrend and this action the book records very faithfully.

[richbois]

Chapter 1 page 10


It is a fact and the records show it, for many years back that the market has a definite 1-2-3 rhythm, varied at times with an extra beat of 1-2-3-1 and at times 5, these figures represent days. The market goes up 1-2-3 days and reacts, the 4th and 5th figure is the variation when it runs that extra day or two on the way up and on the way down in both Bull and Bear trends. This beat of the market subject to these occasional variations occur with surprising regularity, so it seems that the same methods of manipulation used in the past are still used today, that is of buying and then selling every third or fourth day in an uptrend and reversed for a downtrend and this action the book records very faithfully.
We consider 3 days as a trading cycle—the 4th and 5th days are the (1st) and (2nd) days of a new cycle. We use the 1st day for buying and the 2nd and 3rd days for selling.

Therefore the cycle does not change but only the way to trade it.

[elovemer]

".....and REVERSED for a downtrend "

.... therefore.... in an uptrend B/M/S/B for a 3 day cycle
... and in a downtrend S/M/B/S for a 3 day cycle....

... ******** you say the cycle does not change..... i say it does
.... just a difference of language....which is not important

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

" the market goes up 1-2-3 days and reacts"

... obviously ********... in a down trend... the market will not go UP 123 days and then react
... in an up trend ... the market will not go DOWN 123 days and then react upwards....

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

"the 4th and 5th figure is the variation when it runs that extra day or two on the way up and on the way down in both Bull and Bear trends"

... obviously ******** .....

..... it runs that extra day or two on the way up ( in bull trend)
.... it runs that extra day or two on the way down ( bear trend)


..... THERE IS NOTHING CONFUSING ABOUT THE WAY THIS IS WRITTEN....
... again... you say the cycle does not change .... i say it does....
.... but we are saying the same thing in different ways.... which is not important....

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

... so as far as the 3 day method is concerned..... ********.....

... i think you are not disagreeing with what i have already clearly stated in previous posts.....
... i.e. .... that for an up trend... the majority of days in the cycle will be up days.... the reaction days will be down days....
..... and that for a down trend .... the majority of days in the cycle will be down days... the reaction days will be up days....

.... there is nothing confusing about this.... and nothing confusing about Taylor's writing concerning this point....
--------------------------------

... in my original post.... i said that if the trend changed to a down trend.... i would change my cycle to S/M/B/S where it was originally B/M/S/B

.... ******** ... you can say that the cycle does not change all you want to.....

... but the above is very clear and simple to understand.....

....********
.... up trend ... the market will go up most days....and then react
.... down trend... the market will go down most days... and then react...

... if anyone believes this not to be true....... i would love to see any evidence of it.....

.... so... ********..... in your post above.... YOU HAVE SAID NOTHING WHICH HAS NOT ALREADY BEEN SAID.....

.... and frankly... i am tired of saying the same thing over and over again....
.... especially since no one disagrees with it....
.... and since it is not coming from me... but from Taylor....

[elovemer]

.... what i have been trying to do with my posts.... is to use the 3 day method ..... on a day to day basis....
.... as no one else has attempted to do so....
.... by posting my expectation for market action BEFORE it happens....
... and by posting according to the rules Taylor laid out....

... i have not tried to sell any system to anyone....
.... and i have not tried to fit market action into any statistical category... THE DAY AFTER market action unfolded....

.... anyone can make anything seem reasonable.... THE DAY AFTER .... in retrospect....
.... that is not the point
... the point is to show the system at work.... before the market opens....not after

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

.....********.... your system is something that you developed....i suppose
.... and as far as i can tell....
.... in order to use it... one would have to purchase it from you....

.... so unless everyone had already purchased your system.... there is no point in you demonstrating how the market fit into your statistical expectations....

.... unless you are willing to provide everyone on this thread a copy of your system FREE OF CHARGE.....in order to evaluate its merit...
..... if so ..... i will let you know where my copy can be sent in a private message.....


.... if not.... you should at least provide ***** with a free copy ... as you have gotten at least that much free advertising from him on this forum.... ha ha ho ho..... ... just a little humour..... but not really..... ha ha hee hee

[elovemer]

... i have friday as buy day on a B/M/S/B cycle....

[WHY?]

Quote from Taylors book chap 1

"It is a fact and the records show it, for many years back that the market has a definite 1-2-3 rhythm, varied at times with an extra beat of 1-2-3-1 and at times 5, these figures represent days. The market goes up 1-2-3 days and reacts, the 4th and 5th figure is the variation when it runs that extra day or two on the way up and on the way down in both Bull and Bear trends. This beat of the market subject to these occasional variations occur with surprising regularity, so it seems that the same methods of manipulation used in the past are still used today, that is of buying and then selling every third or fourth day in an uptrend and reversed for a downtrend and this action the book records very faithfully.
We consider 3 days as a trading cycle—the 4th and 5th days are the (1st) and (2nd) days of a new cycle. We use the 1st day for buying and the 2nd and 3rd days for selling."
End Quote

The topic under discusion here by Taylor is the rhythm of the market which is caused by the "same methods of manipulation" used in the past. This rhythm is to be seen in the larger "trend" i.e. bear or bull trend. He is saying that those methods of manipulation that cause to market to tend to go up or down 123 and sometimes 4 and 5 days takes place in BOTH bull and bear trends. That is; in a bull market it can go up 123, or 4 and 5 and then react or it can go down in a bull market 123 4 or 5 and then react off that. Ditto for bear trends.

He is not dealing with the subject of changing the cycle or reversing the cycle. He is simply saying that this rhythm seen in the market (in both bear and bull trends) is caused by the METHODS of manipulation used in the past and still in use today. The 3 day cycle is a mechanism to take advantage of this rhythm. The rules employed by Taylor in the use of his 3 day cycle mechanism are designed to keep you on the right side of the market in bull and bear trends wherein many 3 day cycles occur. The continuity of the cycle, per Taylor, does not change. He is NOT advocating a reversing of the cycle. He is dealing with the rhythm of the market caused by manipulation and showing how a 3 day cycle mechanism gives one an edge. This is the only explanation to his statement above that will logically concur with other statments in his book indicating clearly that the continuity of the cycle is not to be changed. You cannot take a Taylor statement in a paragraph or two out of the larger context of the book and make it say something he is not trying to say or make it say something to support ones own "spin" on the cycle.

One must remember Taylor is dealing with manipulation, larger trends, and how 3 day cycles fit into this. One can tweak Taylor anyway they wish..maybe for the good maybe for the bad..but it is a bad interpretation of his system if one cherry picks a statement or two in his book to build a straw man to support ones own particular spin.

Taylors system is one thing. Our own spins to his method are another thing. Not that our spins are necessarily bad or even better but it seems to me we must be careful to separate our particular version from his and perhaps give our reasoning but we certainly can't call it "Taylors method". At best we can call it a modification of Taylor.

However, one must remember that any modification has the potential to affects the rules he designed around the 3 day cycle and how to play it. That must be taken into consideration when we tweak or toy with his method.

You see, the larger market trend (bull or bear), the beat (123 or 4 and 5), tend to create things he calls "failures to penetrate" and BV's..etc. The cycle is still there and intact but the rules he employed deal with senarios such as these two and other senarios.