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

paltalk room performance week 2, I plan to run it for 2 more weeks, thanks to all who stop by.

 

Interesting take on the JH method...thanks for sharing it! Basically, you are scalping for a tick or two (average profit/trade=1 1/2 ticks)...I saw how you average into the trades. I guess there is no arguing with a 100% Win percentage, even though I would wonder what happens if you get a fast move against you... then you might take lst's say a 2 pt loss on your 5 lots, and one such trade would wipe out a week of the small wins... especially since you seem to trade through market news....but apparently you are able to make it work, which would seem like a strong argument for the validity of "wmcn".... my interest lies in the opposite direction: I would like to figure out how to trade the way Eric did on one of the videos, just be right on the main direction 3-5 times a day and hold until the RTL is broken.

Share this post


Link to post
Share on other sites
Interesting take on the JH method...thanks for sharing it! Basically, you are scalping for a tick or two (average profit/trade=1 1/2 ticks)...I saw how you average into the trades. I guess there is no arguing with a 100% Win percentage, even though I would wonder what happens if you get a fast move against you... then you might take lst's say a 2 pt loss on your 5 lots, and one such trade would wipe out a week of the small wins... especially since you seem to trade through market news....but apparently you are able to make it work, which would seem like a strong argument for the validity of "wmcn".... my interest lies in the opposite direction: I would like to figure out how to trade the way Eric did on one of the videos, just be right on the main direction 3-5 times a day and hold until the RTL is broken.

 

just try to get people to start figure out how to put into practice some part of the method, surely this setup is not the most money making setup or the most winning setup. It is just something that is simple to teach simple to show. I like to keep it at 100% if I can, the next step is to reduce number of contracts while keeping target of 100/day the same. One step at a time, crawl , walk then fly.

Share this post


Link to post
Share on other sites

some more thoughts;

 

I Basically, you are scalping for a tick or two (average profit/trade=1 1/2 ticks)..

 

each es level is 2000 deep, think about it.

 

... my interest lies in the opposite direction: I would like to figure out how to trade the way Eric did on one of the videos, just be right on the main direction 3-5 times a day and hold until the RTL is broken.

 

I am not Eric and neither are you, give it some thoughts, would you.

Share this post


Link to post
Share on other sites

My attempt to annotate yesterday, which appears to me an elongated pt 3 move after the news. One which from the gaussians shows it is yet in the last leg up of a fanned the channel. I think Monday will confirm that observation of WMCN. I might have made a couple of mistakes in the lower fractal annotations which is not surprising with the slow pace in afternoon session.

 

:)

5aa7105c280b1_ES11Feb11.thumb.png.63ed5ae869d2d68bf9ae48003c865d59.png

Share this post


Link to post
Share on other sites
some more thoughts;

 

 

I am not Eric and neither are you, give it some thoughts, would you.

 

That is true of course, but neither am I you... just have never traded a method where the target is 1 or two ticks, with the risk not really defined, no matter how much volume there is...but, like I said- thanks for sharing!

Share this post


Link to post
Share on other sites
Google faster fractal traverse

 

Thank you for your suggestion. Unfortunately I am none the wiser. Nowhere can I find a definition of a "faster fractal traverse" or an explanation for the difference between it and a "real traverse". I am still puzzled as to how one can identify and correctly annotate nested fractals.Would you be kind enough to give an explanation here for the benefit of myself and others in a similar situation?

Edited by Zan-shin

Share this post


Link to post
Share on other sites
Thank you for your suggestion. Unfortunately I am none the wiser. Nowhere can I find a definition of a "faster fractal traverse" or an explanation for the difference between it and a "real traverse". I am still puzzled as to how one can identify and correctly annotate nested fractals.Would you be kind enough to give an explanation here for the benefit of myself and others in a similar situation?
I use the words "faster fractal traverse" when I refer to a traverse on a fractal faster than another fractal. I don't give it a special significance that has a specific definition. I use "faster", "slower", or "same" to relate traverses on various fractals. In the example you posted, that started this exchange of messages, there was a non dominant traverse. In relation to it I annotated a "faster fractal traverse", which was one of the legs of the traverse in discussion. There is no other meaning behind my using of "faster fractal traverse".

 

Regarding the second part of your question, and I assume that this is the actual thing you're struggling with, "how one can identify and correctly annotate nested fractals", this is actually one of the fundamentals of the method in discussion on this thread. I have no better way of explaining it than what Spydertrader posted. There is a "puzzling" contradiction between the simplicity of the basic principles of this method and how difficult it is to actually apply them successfully in real time. This is probably caused by the baggage of beliefs and misconceptions that every student of the method adds.

 

My suggestion, to anybody who asks, is to not get stuck in looking for irrefutable definitions and rules that would make it all clear and mechanically applicable, but to get into the mode of trying to understand what's happening on three observable fractals, where the middle fractal is the trading fractal, and have an opinion at the closing of each bar.

Share this post


Link to post
Share on other sites
just try to get people to start figure out how to put into practice some part of the method, surely this setup is not the most money making setup or the most winning setup. It is just something that is simple to teach simple to show........

 

Some more thoughts:

It seems that many are struggling with the whole fractal issue...and it seems that you have developed a method that identifies one specific leg of a sequence (such as the 2nd 2B in a B2B-2R-2B sequence) and then takes out a small amount of that leg with high reliability.

 

Now- if you can identify one specific leg with such high reliability, why not the END of a whole sequence for a longer trade?

What I have a hard time understanding (and I mean this in no way disparaging!) is that years of study of this method would not result in being able to identify the major turning points, and that being able to define one specific leg so precisely does not automatically lead to understanding a whole sequence? After all, what is different about identifying the 2nd 2B from identifying the R2R which should start a whole new sequence?

 

In the old ET threads that I reviewed, it seems to me that Spyder went from coarse to fine...he talked about identifying the FTT before there even was any precise Gaussian annotation on the charts, that came later..?

Share this post


Link to post
Share on other sites
Some more thoughts:

It seems that many are struggling with the whole fractal issue...and it seems that you have developed a method that identifies one specific leg of a sequence (such as the 2nd 2B in a B2B-2R-2B sequence) and then takes out a small amount of that leg with high reliability.

....

 

....?

my theory is very simple if you learn how to id a specify seg of fractal then you id them all, sort of if you know for sure where the tail is then you know where the head is. The rest of your post is highly speculative feel free to speculate it anyway you want.

 

ps. a case for why free teaching is a bad idea.

Edited by Corey

Share this post


Link to post
Share on other sites
my theory is very simple if you learn how to id a specify seg of fractal then you id them all, sort of if you know for sure where the tail is then you know where the head is. The rest of your post is highly speculative feel free to speculate it anyway you want.

 

ps. a case for why free teaching is a bad idea.

 

A "bad idea"? How so... because I voiced a question? Isn't that a bit thin-skinned- I said "in no way disparaging"...trying to understand that's all!

 

"my theory is very simple if you learn how to id a specify seg of fractal then you id them all'... yes, that was exactly my point...so...why, if I may (respectfully) ask this question again, do you trade a portion of one leg and not the whole sequence? Did I perhaps misunderstand you? Are you saying that you normally trade the whole sequence, but for teaching purposes you split it up? I thought you always trade this way.

 

I remember some JH post on ET where he talks about trader Greenspan who scalps for a tick with 140 lots, and I think he calls him an example of inefficiency... so, just wondering...

Share this post


Link to post
Share on other sites
if you take 4 trades,

one trade makes 1 pt (4 ticks),

3 trades break even,

what is the average PnL?

(assuming the comm is built-in)

 

1 tick obviously.

Why don't you shoot for 1 pt with all 4 lots for a total of 4 pts?

Share this post


Link to post
Share on other sites
1 tick obviously.

Why don't you shoot for 1 pt with all 4 lots for a total of 4 pts?

 

Why don't you shoot for 2 pts with 4 contracts in a throw for a total of 32 pts?

 

 

 

 

ps. this is not a smart a** reply... if you can see the fault in your reasoning, maybe you can see the wisdom in mine. Or... maybe you will re-evaluate whatever is in front of you.

Edited by Tams

Share this post


Link to post
Share on other sites
Why don't you shoot for 2 pts with 4 contracts in a throw for a total of 32 pts?

 

 

 

 

ps. this is not a smart a** reply... if you can see the fault in your reasoning, maybe you can see the wisdom in mine. Or maybe you will re-evaluate whether RTL is what you should be aiming for.[/QUOT

 

???... I give up. This is not about what I shoot for (which, btw, is 8-16 ticks per contract, I trade only mornings 8-11:30.)

 

This is about your method, not mine.... I am checking it out and was surprised to see that such numbers were considered feasible or desirable.... But it seems that I am either misunderstanding something or not- either way it seems that I can only get cryptic puzzles as answers...too time consuming, so let's just let it rest.

Share this post


Link to post
Share on other sites
Volume leads Price. Always. And without exception.

 

 

Much debate has ensued over the years with respect to whether or not Volume represents helpful and / or useful information with respect to understanding Price change....

 

Rather than create yet another environment for posting opinions or sowing the seeds for epic battles over dogmatic philosophies, my goal here is to provide a framework, for anyone with an interest, to learn how to learn to ‘see’ the Price / Volume Relationship at work as shown through the fractal nature of all markets. In other words, this thread isn’t about me teaching people to trade, ‘calling’ trades or seeking converts to a new religious cult. This thread is about the individual trader developing the skills needed, and the knowledge required, to learn to trade based on what the market says, instead of what the trader believes (or I post). ....

 

To reiterate, this thread will not teach you to trade. If you are looking for a canned set of rules for entry and exit, look elsewhere. However, this thread will teach you to learn how to teach yourself to trade using the only tools you’ll ever need – a chart and your own brain.

 

- Spydertrader

 

Vienna,

 

I can understand and appreciate the frustrations of a student or someone new trying to learn especially through forum threads. I know how you felt and feel the same many times before. I believe there have been others as well. If I am not wrong, one example, I quote is Gucci who apparently had "get it" after going through the same, maybe longer. Believe me I had the same issues in studying the JH method.

 

But what I found was that those who offer to help are sincere and trying their best. I found that the process was done in a way for us to discover the way to read the markets, rather than to point and show us that is so, as many would have love it to, as would me LOL.

 

But the market does not appear as simple as 4 vol moves and 3 price moves to us newbies, or at least to those untrained to see it so. Hence, I think IMHO, we need to go through the drills and screen time to be able to correctly annotate it and see the market in its fractals. It might not be a short journey and its also has been many months for me.

 

I appreciate those who took their time to post the questions like yourself and many others some of whom are no longer active, because it is through these questions, that we the more quieter or busier ones can learn; when we have the time to. Many times when I do not understand something, I would move on till later someone else posted a more correct question and the answer comes along as sometimes, I would find myself in a situation of not knowing how to ask :). I can imagine what went through those who untiredly continued to answer questions upon questions (and mostly the same ones!) over the months if not years (cnms2, gucci, corey, tikitrader, spyder, etc, etc). I can see they too had to continue to post charts and edit charts posted in order to help in the best way they can.

 

I hope you do not take offense of my comments. I can see you are also sincere in learning. I am still very much in the process of learning too but if you like to perhaps share thoughts and to help each other along, you are welcome to PM me.

 

Have a good day,

emac

Share this post


Link to post
Share on other sites
Vienna,

 

............

 

I hope you do not take offense of my comments. I can see you are also sincere in learning. I am still very much in the process of learning too but if you like to perhaps share thoughts and to help each other along, you are welcome to PM me.

 

Have a good day,

emac

 

Thanks for the kind words!

Share this post


Link to post
Share on other sites

Here's a suggestion on how to speed up the process of reviewing the jhm journals in ET.First make a list of all the posters in the first futures journal(http://www.elitetrader.com/vb/showthread.php?s=&threadid=83604&perpage=6&pagenumber=1) except Spydertrader.Then go to the home page on ET and click on your "inbox".Then click on "edit ignore list".Put all the usernames in the ignore list except Spydertrader.Now review the first futures journal skipping quickly over the finer tools sections(starts around pg 450). Then move on to the iterative refinement journal(http://www.elitetrader.com/vb/showthread.php?s=&threadid=113310&perpage=6&pagenumber=1) and add to the ignore list any additional usernames.Do all the drills in the journals.Then reread both journals again this time reviewing the finer tools.hth

Share this post


Link to post
Share on other sites
Here's a suggestion on how to speed up the process of reviewing the jhm journals in ET.First make a list of all the posters in the first futures journal(http://www.elitetrader.com/vb/showthread.php?s=&threadid=83604&perpage=6&pagenumber=1) except Spydertrader.Then go to the home page on ET and click on your "inbox".Then click on "edit ignore list".Put all the usernames in the ignore list except Spydertrader.Now review the first futures journal skipping quickly over the finer tools sections(starts around pg 450). Then move on to the iterative refinement journal(http://www.elitetrader.com/vb/showthread.php?s=&threadid=113310&perpage=6&pagenumber=1) and add to the ignore list any additional usernames.Do all the drills in the journals.Then reread both journals again this time reviewing the finer tools.hth

 

That is funny...that is exactly what I did!

I figured if any of the contributions were useful, Spyder would respond to them...so they should appear in his posts.

Share this post


Link to post
Share on other sites

Great post. I am a 25 year student of volume and range analysis and I would urge that all volume is not created equal. In other words, volume seems to have some analytical or predictive value only when the volume correlates to an instrument that is not dependent on the price movement of another instrument. For instance, the ES (Emini S&P 500)--when the S&P 500 Cash Index is increasing in price, the ES will follow, regardless of the volume. A multitude of program traders assure the price of the two instruments stay within fair market value of one another. But this cannot mean that the ES volume holds predictive value for the cash index it follows. With that said, it can reasonably be argued that the ES influences the cash market prior to the cash market opening. But that influence is shortly lived. In the end, and as the old saying goes, cash is king.

Share this post


Link to post
Share on other sites

room performance final week - goal $100/day - the room purpose is to show you how to gain a toe hold in Jack Universe by using a simple setup. I hope I show it clear enough and simple enough. Thanks to all attendants we may do it again if time permit, so long for now.

room4.thumb.png.71695d2c813de395129e9e9980a23e9d.png

Share this post


Link to post
Share on other sites
Great post. I am a 25 year student of volume and range analysis and I would urge that all volume is not created equal. In other words, volume seems to have some analytical or predictive value only when the volume correlates to an instrument that is not dependent on the price movement of another instrument. For instance, the ES (Emini S&P 500)--when the S&P 500 Cash Index is increasing in price, the ES will follow, regardless of the volume. A multitude of program traders assure the price of the two instruments stay within fair market value of one another. But this cannot mean that the ES volume holds predictive value for the cash index it follows. With that said, it can reasonably be argued that the ES influences the cash market prior to the cash market opening. But that influence is shortly lived. In the end, and as the old saying goes, cash is king.

 

I think you make an extremely interesting point. Since I am new to PV trading and the JH method I am hopeful that someone with more experience will respond to your post.

Share this post


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

  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

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