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.

UrmaBlume

Time and Performance

Recommended Posts

I was asked these questions:

 

"Pat,

Have you noticed any degradation in performance of your indicators since you first discovered them -- specifically talking about the trade-intensity and order-flow based indicators that you have described on this forum. Have they become less effective as more traders use them?"

 

Answer:

 

Our work is based on the balance of trade/order flow and the influence of the commercial speculator as I leaned it from Peter Steidlmayer almost 30 years ago. Then we had no online volume, no means to determine commercial activity in real-time and no intelligent agents to process the data if we would have had it - now we have all of that and more.

 

Order flow is order flow and always has been. The movment of price is and always has been based on the degree to which order flow is unbalanced. So with regard to order flow nothing has changed except that now, with new technologies, order flow can be more precisely measured and used in ever shorter time frames.

 

As to Intensity the issue has been cross currents in the market, hedging vs spec trades, for that we have developed filters to tell one from the other. In the markets with little or no hedging, arb activity and certain foreigh markets little filtering is needed.

 

As to more and more people using them - we don't make them available to the public so it is a very small number of people indeed who have actually ever seen any of them, let alone, all of them in action.

 

We didn't just "discover" this body of work, we developed it after years of work and testing and it is an ongoing process. We only post about our most basic stuff, nobody has ever seen what we call our "power tools" and the public never will.

 

As I have mentioned I post to try and get people to think beyond what the masses think and do as the masses never succeed at anything let alone something that carries a failure rate at over 90%.

 

Performance over time depends on how closely the work reflects the base dynamics that drive the market.

 

Cheers

 

pat

Share this post


Link to post
Share on other sites

As always we should be grateful that someone as important and busy as Urma is willing to grace this humble website with his presence. And the jewels that he casts before you swine should leave you shuddering in ecstasy as he starts yet another thread.

 

Such beneficence.

 

.

Edited by Kiwi
Not clearly impressed enough.

Share this post


Link to post
Share on other sites

Kiwi,

 

And we all thank you Kiwi for yet another in a long series of on-topic, concept-rich, non-personal, objective and technically innovative posts.

 

cheers

 

UrmaBlume

Edited by UrmaBlume

Share this post


Link to post
Share on other sites

Urma,

 

I wouldn't post in your threads except that you are such a total headcase. And exposing you for what you are seems a worthwhile use of 10 minutes or so every week. I hate to think that newbies would get taken in by you.

 

No one else starts a thread every time they want to post.

No one else keeps saying how wonderful they are with so little basis for it.

No one else starts threads with the same thing every time.

 

The last time we saw someone like that it was a Texan. The funny thing is that he Big Noted himself just like you (you are your number one fan). In the end someone tracked down who he was because his ex-wife was so annoyed that he couldn't pay his alimony. He was another Texan with no money living in a trailer park pretending to be a big trader.

 

So here is the thing. You're posts are exercises in grandiosity. Your posts are posted here and, totally out of context, on poker threads. There is no evidence that you are not the same Texan posting from his trailer park trying to be the big man - on the internet!!!

 

(Photoshopped images don't count Urma)

 

For all we know, you are that person. A new thread just to say "I was asked this question by and my answer is "aint I fantastic." Hasn't anyone told you that big noting on the internet isn't really where it is at? Or haven't you talked to any realworld people this week?

 

In fact you must be that texan in his trailer park. Glad to see you haven't committed suicide yet Urma.

Share this post


Link to post
Share on other sites

Again Kiwi, thank you so much for again posting on topic and not getting personal.

 

The guy you write about is not me - I don't live in Texas and I have never lived in a trailor and I never photoshoped anything.

 

Having never posted any original technical material that you yourself created no wonder that you hack so hard against mine and no wonder that your posts are never on topic and always personal attacks.

 

All this negativity, all these completely wrong assumptions and this never ending petty little stalking and personal attacks plus talk of suicide - not only how shallow and petty your motivations, but really - how dark your internal dialogue must be.

 

Let a little light in, give it time and you will eventually conquer the green monstor.

 

 

UrmaBlume

Share this post


Link to post
Share on other sites

Urma,

 

Its not your content; its just you.

 

You have displayed all the characteristics of MM's "outright egomania" and I don't like to see it polluting our excellent trading site. So why don't you stop irritating so many people:

- stop starting threads

- stop behaving like you're in a texan trailer park (big noting on the internet to make yourself feel good)

 

This is the internet. All the evidence still suggests that you could be delusional and living in that trailer park. Actually I still think you are.

 

The last thing I am is jealous of you - I actually feel sorry for you which is why, after a few posts I tend to leave you alone for a few weeks to continue your pathology.

 

Kiwi

 

 

 

 

PS. And its "trailer" and "shopped" Urma.

Share this post


Link to post
Share on other sites
Urma,

 

Its not your content; its just you........ .

 

Rally have it bad huh?

 

Personally, I feel that the negative comments, name calling, condescension, and outright egomania are tasteless and poor form, and a definite indication of psychological instability.

 

Certainly we can all disagree with each other without the discoloration of the above. Much is learned through healthy debate. If nothing else, you obtain a clear understanding of the other's opinion.

 

If you need an ego boost, take your clothes off and look in the mirror.

Share this post


Link to post
Share on other sites

LOL

 

The funniest thing Urma is that you don't see yourself in MightyMouse's post. I could see my contribution but I guess if you are not sane then the ability to see yourself correctly is damaged.

 

Urma, I have called you Pat in the past and I apologise for it because it contributes to your pathology. Clearly you are not Pat; you are Urma.

 

 

I will clarify one point from an earlier post of yours so that you don't need to make that mistake again. You suggest that I am a "stalker." That would imply that I'm following you around but I don't - you are free to post your self-aggrandizing rubbish on all the poker sites in all the world. You see, I was at Traders Laboratory first. Too me you are the interloper who damages a good forum by repeatedly starting threads to say how wonderful you think you are (and somehow think that will make other people think you are wonderful). You are like a paedophile in my village. I am the concerned parent; I simply want to drive you away.

 

So feel free to leave. I have used up my 10m for this week and the next few so I shall simply post a warning on each of your new threads for now.

 

I hope you get better one day Urma.

Good luck.

 

 

PS Its "Really."

PPS. No, its not stalking. It's like warning everyone when you can see a paedophile. Disgust is the emotion.

Edited by Kiwi
Enough posts in this thread. Last word goes to Urma.

Share this post


Link to post
Share on other sites
........ I have used up my 10m for this week and the next few so I shall simply post a warning on each of your new threads for now.

 

So, no matter the content you post to each of my threads and that's not stalking?

 

This love/hate thing with Urma really has you going. Just let it run its course and someday you will find someone to obsess over even more than you obsess over Urma.

Share this post


Link to post
Share on other sites
So, no matter the content you post to each of my threads and that's not stalking?

 

This love/hate thing with Urma really has you going. Just let it run its course and someday you will find someone to obsess over even more than you obsess over Urma.

 

Kind of like Tresor does with me.

 

Kind of like Tams does with me.

 

Kind of like Urma does with me.

 

Sometimes the best advice is to take your own Pat.

 

:cool:

Share this post


Link to post
Share on other sites

Funnily enough Tams seems to have started with me. Its like he's Urma's girl or something - weird given that he seems to offer value to people interested in MultiCharts. I guess he's going for the Thanks that Urma gives him every time he posts anything that slightly agrees with Urmy.

 

The funniest thing with Tams is that he doesn't see himself as argumentative. Self-deception is a wonderful thing.

 

Here's a deal Urma. Stop generating new threads (the sign of a vendor or a slightly mad attention seeker) and I'll leave you alone. Keep generating threads, especially the value free, aint I wonderful type like this one, or the stupid photoshops that repeat the same rubbish (again, aint I wonderful), and I'll take that as an invitation to let the readers know what you are; ok?

 

 

 

PS. He isn't Pat, brownsfan; he would just like to be Pat.

Share this post


Link to post
Share on other sites
... the next few so I shall simply post a warning on each of your new threads for now....

 

...Stop generating new threads (the sign of a vendor or a slightly mad attention seeker) and I'll leave you alone. Keep generating threads, especially the value free, aint I wonderful type like this one, or the stupid photoshops that repeat the same rubbish (again, aint I wonderful), and I'll take that as an invitation to let the readers know what you are; ok?

....

 

Trader28... you have to choose your words more carefully. It is no fun when you give your ID away; people have no choice but to put you on ignore... and the party comes to an end. :-(

Edited by Tams

Share this post


Link to post
Share on other sites

Tams,

 

Your tag line defines you "...as expected, by a delusional comedian..." Thanks for yet another laugh.

 

Why don't you get drunk now and threaten to shoot me?

 

.

Share this post


Link to post
Share on other sites

Thanks for the information. I know time and performance really matters in financial activities, too. Every single event matters. We could rely to the time and performance to see if our work or investments would be appropriate. Why are some investors waste their time, what do you think??

Share this post


Link to post
Share on other sites

Order flow is order flow and always has been. The movment of price is and always has been based on the degree to which order flow is unbalanced. So with regard to order flow nothing has changed except that now, with new technologies, order flow can be more precisely measured and used in ever shorter time frames.

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

Share this post


Link to post
Share on other sites

I've been on TL long time ago, just when i was in Uni. Currently, i work in London City in one of the investment banks and i have a lot of connections in financial community. So i'd like to mention, dear Urma, that NOBODY who is successful in this business doesn't advertise himself on TL and just satisfying his EGO for years. If you are successful ( like you are ) - you are too busy posting bullshit here on TL, instead you are trading, driving expensive cars, drinking fine cognacs in a Michelin-starred restaurants. I know nobody posting bullshit like you, but these people earning 10+ mil. annually, so i think you are earning even more so you have plenty of free time? So i'd suggest to do same for you, Urma, way you should be too successful and too busy to post in this "kiddies" board and to spend your valuable time.

p.s. don't trust any scam artists around - go for investment banking studies, try to get junior analyst job somewhere in Manhattan or London City, at least you will be paid on monthly basis and will see how things are really going here.

Share this post


Link to post
Share on other sites
I've been on TL long time ago, just when i was in Uni. Currently, i work in London City in one of the investment banks and i have a lot of connections in financial community. So i'd like to mention, dear Urma, that NOBODY who is successful in this business doesn't advertise himself on TL and just satisfying his EGO for years. If you are successful ( like you are ) - you are too busy posting bullshit here on TL, instead you are trading, driving expensive cars, drinking fine cognacs in a Michelin-starred restaurants. I know nobody posting bullshit like you, but these people earning 10+ mil. annually, so i think you are earning even more so you have plenty of free time? So i'd suggest to do same for you, Urma, way you should be too successful and too busy to post in this "kiddies" board and to spend your valuable time.

p.s. don't trust any scam artists around - go for investment banking studies, try to get junior analyst job somewhere in Manhattan or London City, at least you will be paid on monthly basis and will see how things are really going here.

 

It is a lot easier to trade, engaging in moral hazard, when you are certain you will be bailed out by tax payers. Your statement " don't trust any scam artists around - go for investment banking studies," is irony at its best. The bulk of the traders who work for the firms you speak of can't trade worth a shit and get paid for reasons that they will not be able to explain, but certainly feel entitled to it.

Share this post


Link to post
Share on other sites

You are not sure what you are talking about at all, MightyMouse. In all the private hedge funds you'll be fired the very next day if'll not be trading by a system rules or you'll make an even 3% unexpected loss for the managed portfolio.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Method of analysis: Locked-in Range Analysis Period: 10 January - 15 January Currency futures: Euro FX, Japanese Yen, British Pound, Australian Dollar, Canadian Dollar, Swiss Franc, New Zealand Dollar * A maximum potential profit of the Gravitation Locked-in Range
    • re our ‘money’ Howard Wang
    • Date : 13th January 2021. FX Update – January 13 – USD & Yields stall their run, Politics swirls. FX News Today USD reversed its 5 day run as Yields stalled too. House vote tonight to impeach President Trump, (YouTube have banned him for 7 days), Pence will not initiate the 25th Amendment to remove him. The symbolism is significant, no President has ever been impeached twice. Equities flat too (UBER +7.24%,TSLA +4.72%, FB -2.24%, GooGL & NFLX -1.00%) Asian markets also flat. GBP rallied after Bailey pushed back on Negative Interest Rates. Oil rallied over 1% after surprise inventory drawdowns peaked at $53.90, AUD pegged by possible RBA “push back” to strong AUD. Gold recovered $1850.China reported its largest daily new COVID-19 cases in 5 months.USDIndex – Back under 90.00 from rejection of 90.50 yesterday. Trades at 89.95 just over S3 – PP 90.40 – S3 89.90, S2 90.07EUR – Recovered back over 1.2200 (R2) – Trades at 1.2215 now– PP – 1.2157. R3 1.2225 –JPY – Reverses under 104.000 – after rejection 104.50 on Monday. – Trades at 103.68 (200hr MA). – PP 103.90, S1 103.55GBP – Big rally – spurred by USD weakness and Governor Bailey pushing back on Negative Interest Rates. Breached 1.3600 after multiple attempts – rallied to 1.3690 – PP 1.3585, R1 1.3668, R2 1.3715AUD – Over 0.7700 yesterday to test 0.7770 (R2) now. R1 0.7748 – NZD – Over 0.7200 yesterday to test 0.7240 (R3) now. r2 0.7215 CAD – back to test 1.2700 (S2) today as Oil rises – S1 1.2725, S3 1.2664 from Friday CHF – Trades back to 0.8850 (200hrMA) and under S3 (0.8865)- PP 0.8900 BTC – Back to around $34,600. – PP today 34,500, r1 36,600, s1 32,800GOLD – Recovers over 1850 (PP) – Trades at 1860 (R1) – R2 1875, PP 1840 USOil – New 11-mth high $53.90 (R2) after surprise drawdown in private inventories (EIA data later). R3 $54.70, r1 53.55.USA500 – Closed up 1.5 (+0.04%) 3800 – USA500 FUTS now at 3808. 48 days north of 20SMA (3740).Today – EZ industrial production, US CPI, ECB’s Lagarde, Fed’s Bullard, Brainard, Harker, Clarida Biggest (FX) Mover @ (07:30 GMT) GBPAUD (+0.23%) 5th day higher – Bounced from 200MA on open, testing 1.7625 now, key resistance 1.7650. Fast MAs aligned and trending higher, RSI 59 and rising, MACD histogram & signal line aligned higher and north of 0 line from Monday open, Stochastics rising to OB. H1 ATR 0.023, Daily ATR 0.0125.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 HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex 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 FX and CFDs 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.
    • XRPUSD Is Ranging Within $0.28 and $0.21 Levels, Awaiting a Breakout XRP/USD Market January 06 An increase in the bears’ pressure may penetrate the $0.21 level; the price may decrease further to $0.17 and $0.10. In case the support level of $0.21 holds, the price may reverse and the resistance levels of $0.28, $0.39, and $0.49 may be tested. Key Levels: Resistance levels: $0.28, $0.39, $0.49 Support levels: $0.21, $0.17, $0.10 XRP/USD Long-term Trend: Ranging XRPUSD is on the ranging mode in the daily chart. The coin is range-bound within the resistance level of $0.28 and the support level of $0.21.  XRPUSD started the ranging movement on December 30. The bears made an attempt to break down the support level of $0.21 failed due to low bearish momentum. Today, the bears try to penetrate the resistance level of $0.28 but the level holds and the price could not break it up. Ranging movement will continue until there is a breakout. XRPUSD Daily chart, January 06 XRPUSD is struggling to breakout at the two key levels but the levels hold the price. An increase in the bears’ pressure may penetrate the $0.21 level; the price may decrease further to $0.17 and $0.10. In case the support level of $0.21 holds, the price may reverse and the resistance levels of $0.28, $0.39, and $0.49 may be tested. However, the price retains its trading below 9 periods EMA and the 21 periods EMA, the former is below the later. The relative strength index period 14 is at 25 levels bending up to indicate a buy signal. XRP/USD Medium-term Trend: Ranging On the medium-term outlook, XRPUSD remains in the ranging mode. The bears’ momentum and the bulls’ momentum are at equilibrium within the $0.28 and $0.21 levels. The support level of $0.21 is resisting the bears. The bears lose their momentum and the bulls’ pressure is equally weak. The price results in consolidation within $0.28 and $0.21 price levels. XRPUSD 4 hour chart, January 06 The fast-moving average is interlocked with the slow-moving average. The price is hovering over the 9 periods EMA and 21 periods EMA which indicates that consolidation is ongoing. However, the relative strength index period 14 is bending up at 60 levels to indicate a buy signal.   Source: https://learn2.trade                   
    • Litecoin (LTC) Resumes Upward Move as Bulls Buy the Dips Key Highlights Litecoin slumps to $121 low and resumes upward The altcoin will further decline to $73 if the support at $120 cracks Litecoin (LTC) Current Statistics The current price: $144.63 Market Capitalization: $9,613,048,370 Trading Volume: $12,189,426,086 Major supply zones: $120, $140, $160 Major demand zones: $90, $70, $50 Litecoin (LTC) Price Analysis January 12, 2021 Litecoin has fallen to $120 low as the coin resumed its upward move. The crypto has fallen into the previous range bound zone of $120 and $140. LTC will retest the $180 resistance if the bulls clear the $140 and $170 minor resistance levels. On January 10, Litecoin was repelled as the bulls attempt to break the $180 resistance level. Meanwhile, the crypto has resumed upside momentum as the market reaches the high of $146. LTC/USD – Daily Chart Litecoin (LTC) Technical Indicators Reading After the breakdown, the LTC price broke above the SMAs which suggested an upward movement of the coin. The crypto is at level 51 of the Relative Strength Index period 14. It indicates that there is a balance between supply and demand. LTC/USD – 4 Hour Chart Conclusion Litecoin has fallen to $120 low as the current support holds. This has propelled the price to rise on the upside. However, if the $120 support fails to hold, the Fibonacci tool price prediction will hold. On January 11 downtrend; a retraced candle body tested the 61.8%Fibonacci retracement level. The retracement indicates that the crypto will reach level 1.618 Fibonacci extensions or the high of $67.40.     Source: https://learn2.trade                   
×
×
  • Create New...

Important Information

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