Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

Re 1: The accelerated stuff has all of the ingredients of a traverse. Look at the following chart

http://www.elitetrader.com/vb/attachment.php?s=&postid=2288546

 

and pay attention to how the market finished building the second pink traverse. The nondom tape of this traverse is built on increasing vol creating a faster fractal stuff. This pink creature wouldn't have been a traverse anymore had the market created a complete traverse in the nondom direction instead of a faster fractal stuff.

 

Thanks gucci, for your responses and all of your contributions to the thread. Could we also say that the pace acceleration at 13:10 (eob) put us on notice for the traverse acceleration?

pace-accel.gif.3e065560734842ed1741d0de165e8ebb.gif

Edited by moosie
added image

Share this post


Link to post
Share on other sites

10/15 to 10/18.

 

I am not sure that I didn't jump up a fractal, but it seems that the first traverse has to end outside of the previous channel (for chan pt 2), and then it was accellerated. Is this right?

1018.thumb.gif.74e66e28a3a890aff7c7e0b62f0c808e.gif

Share this post


Link to post
Share on other sites
From me too ... here's wishing everyone a happy and successful 2011:)

 

Let me add, to everyone, good health and success and a Blessed New Year.

Share this post


Link to post
Share on other sites
BTW, have a new link for the files at a hosting site. They work. :thumbs up: PM if you're interested.

 

- EZ

 

I've added a few of the older posts and files of interest from MSN and Usenet days, including various drills.

 

Happy New Year :beer:

Share this post


Link to post
Share on other sites

My view of the day. The R2R ended at bar 21 on my chart, although I had mistakenly taken it to be at bar 10 earlier , only to see the market prove me wrong. So I do not know the reason why as yet why the sequence has not complete at bar 10.

 

The market showed on debrief that a r2r2b2r faster fractal traverse was in place that ended at bar 10. Then 2B and 2R to complete first move down to bar 21.

 

I see the gaussians, but I do not fully understand or comprehend what they tell me. Would appreciate if someone point the way how to better recognize these road signs as they appear ? In order words, the market must leave clues to tell me that it has not reach completion. I know there is a missing link. :)

 

TQ

5aa7105547018_ES4Jan2011.thumb.png.7e52fe8fbf5bd9f93e9489e8b025cc29.png

Share this post


Link to post
Share on other sites

Hi All,

 

I just subscribed to this thread which, at a first glance at least, looks to me that deals with, sort of, 'measurable' objectives and it must be a real fun and challenge to study. Before I'll make it thoroughly through the 261 pages I want to ask - has any of you guys here made it to actually using this method of market analysis as your primary trading tool and with what success? And what about spydertrader - what level of success does it bring to you?

 

May the pips be with you and happy and prosperous 2011!:applaud:

Share this post


Link to post
Share on other sites
My view of the day. The R2R ended at bar 21 on my chart, although I had mistakenly taken it to be at bar 10 earlier , only to see the market prove me wrong. So I do not know the reason why as yet why the sequence has not complete at bar 10.

 

The market showed on debrief that a r2r2b2r faster fractal traverse was in place that ended at bar 10. Then 2B and 2R to complete first move down to bar 21.

 

I see the gaussians, but I do not fully understand or comprehend what they tell me. Would appreciate if someone point the way how to better recognize these road signs as they appear ? In order words, the market must leave clues to tell me that it has not reach completion. I know there is a missing link. :)

 

TQ

 

Compare your 2b following bar 10 with the 2B following bar 21.

 

Also looks like you have the old lateral movement code on your charts. It's no longer used FWIW.

Share this post


Link to post
Share on other sites

what work for me is to pick a something, some seq, some pattern that is easier for me to recognize than the others , build up from that, write down all clues before it, clues going to it, build your check list. The next time when all items on the list are checked pull the trigger. be realistic stay with 1 or 2 contract in sim until you are consistent green then live occasionally build up your neuron pathway until you can make the transition without any change in your now familiar routine. Good Luck Hope It Help!

Share this post


Link to post
Share on other sites
what work for me is to pick a something, some seq, some pattern that is easier for me to recognize than the others

 

Do you mind sharing which seq/pattern is easier for you to recognize?

Share this post


Link to post
Share on other sites
Do you mind sharing which seq/pattern is easier for you to recognize?

sure, for up channel: B2B, 2R 2B so you have B2B clues, 2R clues leading to 2B I enter at end of 2R and beginning of 2B.

sample_cl.thumb.png.b1f358cff4695b3f83f985bc562d5d39.png

Share this post


Link to post
Share on other sites
Compare your 2b following bar 10 with the 2B following bar 21.

 

Also looks like you have the old lateral movement code on your charts. It's no longer used FWIW.

 

Can it be that the 2b after bar 10 occured in a Lateral Movement, in which bar 10 in itself is also a non dominant bar. Hence the sequence has not completed by bar 10. By contrast, the 2B after bar 21 occured after dominance has returned at bar 20 (am I correct to observe so on this bar 20?) in which the sequence has completed.

 

This is the code I have to date. I notice it doesn't draw the LM correctly as per my understanding. If you can kindly point out where I can locate the newer code, that would be very helpful.

 

Thanks for the pointer.

Share this post


Link to post
Share on other sites
Can it be that the 2b after bar 10 occured in a Lateral Movement, in which bar 10 in itself is also a non dominant bar. Hence the sequence has not completed by bar 10. By contrast, the 2B after bar 21 occured after dominance has returned at bar 20 (am I correct to observe so on this bar 20?) in which the sequence has completed.

 

This is the code I have to date. I notice it doesn't draw the LM correctly as per my understanding. If you can kindly point out where I can locate the newer code, that would be very helpful.

 

Thanks for the pointer.

 

There's no new code, though you might find the regular lateral code on ET. To be more specific, the lateral movement concept is no longer used. See this link, it might help you with those 2b's too:

 

http://www.traderslaboratory.com/forums/34/price-volume-relationship-6320-18.html#post71337

 

A lateral starts with 2 bars inside the first.

 

Look at the volume in your 2b's. They are different. Also look at the price movement, but mostly your volume sequence.

Share this post


Link to post
Share on other sites

Look at the volume in your 2b's. They are different. Also look at the price movement, but mostly your volume sequence.

 

OK, thanks . Relooking at the 2b again, bar 11-12 was a stitch long creating a possible b2b with the increase in black volume. If that was the case, then bar 13 should be point 2 to 3 with decreasing red. Instead bar 13 had increasing red indicating that a change in dominance had occurred and the sequence is not completed yet.

 

The 2B from bar 21 is full sequence non-dominant move from bar 21 to 27 with a decreasing volume to create Point 3. Bar 28 confirms WMCN with Point 3 move.

 

Am I close ?

Share this post


Link to post
Share on other sites

My view of the day, corrected after RTH in pink and grey to see the turns and forks better. Still many errors and I will need to do a detailed differentiation on the turns and forks.

 

I have a question - in order to stay in the same fractals, is there a way or particular thing to keep in mind at all times e.g.

 

1. I originally annotated that the 2R retracement (bar 21 to 32) ended on bar 32 but reviewed later to see that it should end at bar 26

2. bar 61 to 65 revealed a faster fractal gaussians, at that point in time, my mind was telling me my B2B from bar 56 to 60 MIGHT be a 2B retracement being completed , and the final 2R move is on the way with a BO r2r bar 65. The only signal I see was volume was low. So in order not to jump a fractal and maintain the outlook that bars 61 to 65 is but a faster fractal, what must one do when monitoring the volume and gaussian pane ?

 

TQIA

5aa71056e989b_ES11Jan2011.thumb.png.b8bc4c53b8987d58229ccebc3fa1931c.png

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Topics

  • Posts

    • Be careful who you blame.   I can tell you one thing for sure.   Effective traders don’t blame others when things start to go wrong.   You can hang onto your tendency to play the victim, or the martyr… but if you want to achieve in trading, you have to be prepared to take responsibility.   People assign reasons to outcomes, whether based on internal or external factors.   When traders face losses, it's common for them to blame bad luck, poor advice, or other external factors, rather than reflecting on their own personal attributes like arrogance, fear, or greed.   This is a challenging lesson to grasp in your trading journey, but one that holds immense value.   This is called attribution theory. Taking responsibility for your actions is the key to improving your trading skills. Pause and ask yourself - What role did I play in my financial decisions?   After all, you were the one who listened to that source, and decided to act on that trade based on the rumour. Attributing results solely to external circumstances is what is known as having an ‘external locus of control’.   It's a concept coined by psychologist Julian Rotter in 1954. A trader with an external locus of control might say, "I made a profit because the markets are currently favourable."   Instead, strive to develop an "internal locus of control" and take ownership of your actions.   Assume that all trading results are within your realm of responsibility and actively seek ways to improve your own behaviour.   This is the fastest route to enhancing your trading abilities. A trader with an internal locus of control might proudly state, "My equity curve is rising because I am a disciplined trader who faithfully follows my trading plan." Author: Louise Bedford Source: https://www.tradinggame.com.au/
    • SELF IMPROVEMENT.   The whole self-help industry began when Dale Carnegie published How to Win Friends and Influence People in 1936. Then came other classics like Think And Grow Rich by Napoleon Hill, Awaken the Giant Within by Tony Robbins toward the end of the century.   Today, teaching people how to improve themselves is a business. A pure ruthless business where some people sell utter bullshit.   There are broke Instagrammers and YouTubers with literally no solid background teaching men how to be attractive to women, how to begin a start-up, how to become successful — most of these guys speaking nothing more than hollow motivational words and cliche stuff. They waste your time. Some of these people who present themselves as hugely successful also give talks and write books.   There are so many books on financial advice, self-improvement, love, etc and some people actually try to read them. They are a waste of time, mostly.   When you start reading a dozen books on finance you realize that they all say the same stuff.   You are not going to live forever in the learning phase. Don't procrastinate by reading bull-shit or the same good knowledge in 10 books. What we ought to do is choose wisely.   Yes. A good book can change your life, given you do what it asks you to do.   All the books I have named up to now are worthy of reading. Tim Ferriss, Simon Sinek, Robert Greene — these guys are worthy of reading. These guys teach what others don't. Their books are unique and actually, come from relevant and successful people.   When Richard Branson writes a book about entrepreneurship, go read it. Every line in that book is said by one of the greatest entrepreneurs of our time.   When a Chinese millionaire( he claims to be) Youtuber who releases a video titled “Why reading books keeps you broke” and a year later another one “My recommendation of books for grand success” you should be wise to tell him to jump from Victoria Falls.   These self-improvement gurus sell you delusions.   They say they have those little tricks that only they know that if you use, everything in your life will be perfect. Those little tricks. We are just “making of a to-do-list before sleeping” away from becoming the next Bill Gates.   There are no little tricks.   There is no success-mantra.   Self-improvement is a trap for 99% of the people. You can't do that unless you are very, very strong.   If you are looking for easy ways, you will only keep wasting your time forgetting that your time on this planet is limited, as alive humans that is.   Also, I feel that people who claim to read like a book a day or promote it are idiots. You retain nothing. When you do read a good book, you read slow, sometimes a whole paragraph, again and again, dwelling on it, trying to internalize its knowledge. You try to understand. You think. It takes time.   It's better to read a good book 10 times than 1000 stupid ones.   So be choosy. Read from the guys who actually know something, not some wannabe ‘influencers’.   Edit: Think And Grow Rich was written as a result of a project assigned to Napoleon Hill by Andrew Carnegie(the 2nd richest man in recent history). He was asked to study the most successful people on the planet and document which characteristics made them great. He did extensive work in studying hundreds of the most successful people of that time. The result was that little book.   Nowadays some people just study Instagram algorithms and think of themselves as a Dale Carnegie or Anthony Robbins. By Nupur Nishant, Quora Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
    • $CSCO Cisco Systems stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?CSCOSEPN Septerna stock watch for a bottom breakout, good upside price gap
    • $CSCO Cisco Systems stock, nice top of range breakout, from Stocks to Watch at https://stockconsultant.com/?CSCOSEPN Septerna stock watch for a bottom breakout, good upside price gap
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.