[BlowFish]

PF? - Price Failure? I guess when you have been posting this stuff for years it is easy to forget that not everyone will be up to speed with terminology. It would be helpful with a new thread at a new venue to treat people as complete nubs and give a brief explanation of terms and concepts as they crop up. Mind you even with a well defined terms mis-understandings still crop up, thats a whole other story .

[DbPhoenix]

Originally Posted by BlowFish »

PF? - Price Failure? I guess when you have been posting this stuff for years it is easy to forget that not everyone will be up to speed with terminology. It would be helpful with a new thread at a new venue to treat people as complete nubs and give a brief explanation of terms and concepts as they crop up. Mind you even with a well defined terms mis-understandings still crop up, thats a whole other story .

I have to agree. The rules mean nothing unless someone is willing to explain the terminology, and no one can be expected to read thousands of posts elsewhere in order to decipher it all (and any references to the "elsewhere" will be deleted).

To start, what do the highlighted terms mean?

The Intraday Trade Rules!

Perfect Trade – Summary (Intraday Trade)

(In Trading Decision Chart)
1. Prime Trading PPF trade through to Prime Trading Breach.
2. Verify Histogram is in Prime but not yet oscillating.

(In Strength Chart)
3. Confirm Histogram is in Same Direction on Strength Chart, next slowest
chart. (This is for see the overall strength)

(In Entry Chart)
4. ERG Oscillation in Prime.
5. Look for PF Bar or Bars
6. Look for Confirmed Price Failure Bar.
7. Enter at the open of the Execution Bar (this is the bar immediately following the Confirmation Bar).

(Exit Position)
8. Exit Position Condition.
a. Any ERG or Histogram Oscillation in Prime, and PPF exit immediately.
b. Any ERG or Histogram Oscillation not in Prime, and PPF exit immediately.
c. Any ERG or Histogram Oscillation in Prime, and a Breach, Breach or Match PPF, you may exit on PF Bar sequence or Adjust Stop to Previous like Oscillation until Stopped Out, a Divergent/Convergent oscillation is created or a failed oscillation is created.

And so on.

[Logic]

Originally Posted by BlowFish »

PF? - Price Failure? I guess when you have been posting this stuff for years it is easy to forget that not everyone will be up to speed with terminology. It would be helpful with a new thread at a new venue to treat people as complete nubs and give a brief explanation of terms and concepts as they crop up. Mind you even with a well defined terms mis-understandings still crop up, thats a whole other story .

TAMS posted the rules and I forgot to post the PF images.
Simply ask and you will receive.

[BlowFish]

Thanks. As DB points out to attract the widest audience it might be good to cut and paste the definitions so they are early in the thread. Just trying to be helpful rather than a thorn in your side

[cosmic]

good to see u here prof, have a time in nyc

[Logic]

Originally Posted by cosmic »

good to see u here prof, have a time in nyc

NY City was fun but Surf's get together was the best part. I got a chance to talk to a great group of traders and compare notes.

[brownsfan019]

Originally Posted by DbPhoenix »

I have to agree. The rules mean nothing unless someone is willing to explain the terminology, and no one can be expected to read thousands of posts elsewhere in order to decipher it all (and any references to the "elsewhere" will be deleted).

Just to clarify - is the new rule on TL that any link to elitetrader will be deleted?

I've posted plenty of links to ET on TL and they were never deleted. Now I see DB is policing this policy and I was not aware that it is against the rules to post a link to another trading forum.

So if someone could clarify the rules on posting links to other trading forums, that'd be great to clear up any confusion.

Thanks.

[DbPhoenix]

Originally Posted by brownsfan019 »

Just to clarify - is the new rule on TL that any link to elitetrader will be deleted?

I've posted plenty of links to ET on TL and they were never deleted. Now I see DB is policing this policy and I was not aware that it is against the rules to post a link to another trading forum.

So if someone could clarify the rules on posting links to other trading forums, that'd be great to clear up any confusion.

Thanks.

I suggest this be addressed with James and the other moderators.