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LakotaTodd

How the Date Ties into Price.

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The 21 prices are for all year long everyday. They are the most powerful on the:

3,12,21 and 30th of each month, but are powerful everyday. If you noticed today the low on the British Pound was a 21# 1533; Crude bounced off a 21# a couple of times at 91.2

Low on TF was split halfway between 4 digit date and 21# 786.

Also Euro high was split between 2 digit date of 28 and 21 # 1326

When the #'s are clustered like that you will see the splits.

 

Also on a strong day if the market is moving up or down in one direction then it will go from one date or 21# through the next one without stopping and then find support or resistance at the one after that. That is exactly what happened today on the euro and the British Pound

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I have searched for reading material on this subject and have found none.

Gann was the only one that referred to time and price and 9's and he kept all of his information confidential to my knowledge.

 

I was shown this information and see it's relevance in all the mkts. I have looked at.

 

I am convinced that it is what black box systems use because the date would reflect different price levels every day. So it makes sense.

 

I did say there was more to it and it is for people far smarter than I am. Time especially cst since that is what the cme is on will reflect in the highs and lows. Such as the last two digits of the time will match the two digit date, or it will equal one of the 21#'s

such as 9:03 or some other time for that day. Again the calculations have to be made so fast that I see it only after looking back at it.

 

I wish I knew more. It is only the levels that I see everyday and how they will tie into the Floor Traders Pivots that keep piquing my interest. As I type this the es is at 1254=21 and the high on the euro is 1326=21.

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How do I use a date like 1/7/2010 ? What stock prices would be tied into this to be a change of trend ? I am not getting this all to well, but I get the point you're saying that the greatest change being the #3 or 21 not reduced ?

 

If you have written material that would be great................

I like the how the price and time are tied together, because I am working something similar but its really a lot different.

 

I have it that you use the time as your date would work ? :2c:

 

324.64 CME, and todays date 12/30/2010 ?

Edited by PQL111
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Let me try and address the questions. It can be confusing but once you understand it you see the mkts much clearer. First the question about 1/7/2010

 

The days that you would use these price levels on are 7, 16th and 25th of each month.

These dates are all separated by 9 and the latter two added together individually = 7

example: 1+6=7; 2+5=7

 

This is your two digit date price levels. So whatever instrument you are trading if the last two digits end in that price level then it may provide support or resistance. Now as I have stated earlier if you are trading a stock (which I dont trade stocks so I would only be guessing on price levels) or currencies or the YM you may have to omit the last digit on the right to get an accurate level or you would have so many price lines your chart would be cluttered up.

 

Lets say for example the YM (dow futures) was trading at 11070 on the 7th. Well trading would be easy if all price levels were on the exact date. So removing the last digit you would have 1107 as your possible support and resistance. It would be easier to mask these levels and keep them hidden from the majority of traders if on the 7th of the month the YM traded at 11160 or 11250 and so on adding 9's. Example 11340, 11430, 11520, 11610, 11700, 11790, 11880 and 11970. Now remove the 0 from the end and add the last two numbers together and you receive sums of 7 or 16.

This is how you get a two digit date. On the grains or metals or futures such as the ES or TF you do not have to remove the last digit.

 

So for 1/7/2010 your two digit date would be 7,16,25,34,43,52,61,70,79,88,97

Use these #'s next Friday on the 7th and see how they work.

 

Your 4 digit date is different because the total of the price will equal one of the above #'s.

Lets say you trade corn and the price is at 304.00 on the 7th. Add 9 to that and you get 313.00 which added together gives you 7 and also 16 and also 34. You keep adding 9's as the price goes higher or subtracting 9's if the price moves lower to get your lines for support or resistance.

 

I dont understand the question about 3 or 21 being reduced. I have seen that the #'s that equal 21 on the mkts. that are traded are powerful everyday of the week not just on the 3,12,21 and 30th of each month.

 

For example corn: 309, 318, 327 should always have lines drawn on them.

The YM would be 11460,11550, 11640, 11730 and so on.

 

The mkts have been dead the last couple of weeks so next week volume should pick up and you will have larger ranges and see the markets move off these levels.

 

On my charts I have 3 different colored lines for price levels. One for the two digit, one for the 4 digit date and then the 21# lines. Every mkt that I have looked at the price will move off of one of these levels or all of them at some time during the day.

 

I know it is hard to grasp at first that is why seeing is believing.

 

Good Trading!

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Hey Lakota, help me out here.

 

Treasuries and grains are killing me.

 

Why in god's name aren't these products being traded in decimals yet?

Who the hell trades nowadays in fractions? :doh:

OK, I confess that I trade them, though I've never noticed how some math can be tricky when dealing with fractions.

 

I've looked at the example you've done to johnpinochet for ZN (10Yr Note), but I'm not getting their :confused:

Have you been following it?

 

When prices move from 119 to 120 it seems the 9's get mixed up when drawing the lines on the charts.

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Grains look good. High on soy 1384 two digit date.

High on corn 4 ticks through 21# 624

Low on wheat 21# and high on wheat 7 ticks through 21 # at 795

 

Today was the first time that I looked at grains in months but my previous experience has always shown the date to work in those markets.

 

I have no idea on treasuries. The #'s are strange to me and are not easy to see. I am going to continue to watch them but I will not post any #'s on them as I do not have any confidence in seeing that market correctly.

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I posted the prices for Monday January 3rd on the blog.

The prices are the same for today. (3,12,21,30) I posted the grains and they were spot on today.

ES had a great cash high of 57 two digit date Not to mention the british pound and euro.

 

If there are any other markets you would like me to list just let me know. As long as I can pull them up with Ninja Trader charts there should not be a problem.

Have a great weekend and a Happy New Year.

Good Trading!

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Well three are an interesting natural number that 21/3 = 7, (7X3 = 21), 2+1 = 3 of which makes this number balancing with time strongly for a change. I could understand support and resistance around this a number like 21 and 3.

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Lakota, would you be so kind as to point me to your first post(s) regarding this technique? I've done some Gann stuff BUT I'm not familiar with the technique you are describing. Getting me to a post or page to understand this better would be appreciated.

 

"Gramps" is kinda out in left field this 1st day of 2011.

 

Tomazo M.

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Let me try and address the questions. It can be confusing but once you understand it you see the mkts much clearer. First the question about 1/7/2010...

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

 

Lakota, I just FOUND this in going back over this thread and it appears to answer my earlier question of where to find some info on this. "Gramps" is feeling more alert now. Thanx again for a different perspective on trading. Tomazo M.

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[HIGHLIGHT YELLOW][/HIGHLIGHT YELLOW]

There is an another way. Alot easier way.

 

Stogie, what did you mean by the above?? Would you mind sharing this "easier way" with us?

 

Would greatly appreciate any input to make something easier.:bang head:

 

Thanx...Tomazo M (Pathfinder62)

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In philosophy and science black box theories have been proposed for various fields by various philosophers and scientists. Such a prominent theory is the so called "black box theory of consciousness", which states that the mind is fully understood once the inputs and outputs are well defined, and generally couples this with a radical skepticism regarding the possibility of ever successfully describing the underlying structure, mechanism, and dynamics of the mind.

 

[edit] ExampleIf we had a black box that we could not open, could not just "look inside" to see how it worked, all we could do is guess how it worked based on what happens when we do something to it (an input) and what occurs as a result of that (an output). If we put an orange in on one side, and an orange falls out the other. We can make educated guesses on what is happening inside the black box. It could be filled with oranges, it could have a conveyor belt to move the orange from one side to the other, it could even go through an alternate universe for all we know. All we can do is guess.

 

Every now and again something strange will occur that changes our understanding of the black box. Like if we put an orange in and a guava popped out. Suddenly our "filled with oranges" and "conveyor belt" theories no longer work and we have to change our "educated guess" as to how the black box works.

 

The black box theory is a fairly popular method to describe what psychology is like. We cannot open the mind and simply "peek" inside, we can only do something to the mind (show it something scary) and from the results guess what goes on inside.

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    • Date: 17th April 2024. Market News – Appetite for risk-taking remains weak. Economic Indicators & Central Banks:   Stocks, Treasury yields and US Dollar stay firmed. Fed Chair Powell added to the recent sell off. His slightly more hawkish tone further priced out chances for any imminent action and the timing of a cut was pushed out further. He suggested if higher inflation does persist, the Fed will hold rates steady “for as long as needed.” Implied Fed Fund: There remains no real chance for a move on May 1 and at their intraday highs the June implied funds rate future showed only 5 bps, while July reflected only 10 bps. And a full 25 bps was not priced in until November, with 38 bps in cuts seen for 2024. US & EU Economies Diverging: Lagarde says ECB is moving toward rate cuts – if there are no major shocks. UK March CPI inflation falls less than expected. Output price inflation has started to nudge higher, despite another decline in input prices. Together with yesterday’s higher than expected wage numbers, the data will add to the arguments of the hawks at the BoE, which remain very reluctant to contemplate rate cuts. Canada CPI rose 0.6% in March, double the 0.3% February increase BUT core eased. The doors are still open for a possible cut at the next BoC meeting on June 5. IMF revised up its global growth forecast for 2024 with inflation easing, in its new World Economic Outlook. This is consistent with a global soft landing, according to the report. Financial Markets Performance:   USDJPY also inched up to 154.67 on expectations the BoJ will remain accommodative and as the market challenges a perceived 155 red line for MoF intervention. USOIL prices slipped -0.15% to $84.20 per barrel. Gold rose 0.24% to $2389.11 per ounce, a new record closing high as geopolitical risks overshadowed the impacts of rising rates and the stronger dollar. Market Trends:   Wall Street waffled either side of unchanged on the day amid dimming rate cut potential, rising yields, and earnings. The major indexes closed mixed with the Dow up 0.17%, while the S&P500 and NASDAQ lost -0.21% and -0.12%, respectively. Asian stock markets mostly corrected again, with Japanese bourses underperforming and the Nikkei down -1.3%. Mainland China bourses were a notable exception and the CSI 300 rallied 1.4%, but the MSCI Asia Pacific index came close to erasing the gains for this year. 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 on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst 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 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.vvvvvvv
    • Date: 16th April 2024. Market News – Stocks and currencies sell off; USD up. Economic Indicators & Central Banks:   Stocks and currencies sell off, while the US Dollar picks up haven flows. Treasuries yields spiked again to fresh 2024 peaks before paring losses into the close, post, the stronger than expected retail sales eliciting a broad sell off in the markets. Rates surged as the data pushed rate cut bets further into the future with July now less than a 50-50 chance. Wall Street finished with steep declines led by tech. Stocks opened in the green on a relief trade after Israel repulsed the well advertised attack from Iran on Sunday. But equities turned sharply lower and extended last week’s declines amid the rise in yields. Investor concerns were intensified as Israel threatened retaliation. There’s growing anxiety over earnings even after a big beat from Goldman Sachs. UK labor market data was mixed, as the ILO unemployment rate unexpectedly lifted, while wage growth came in higher than anticipated – The data suggests that the labor market is catching up with the recession. Mixed messages then for the BoE. China grew by 5.3% in Q1 however the numbers are causing a lot of doubts over sustainability of this growth. The bounce came in the first 2 months of the year. In March, growth in retail sales slumped and industrial output decelerated below forecasts, suggesting challenges on the horizon. Today: Germany ZEW, US housing starts & industrial production, Fed Vice Chair Philip Jefferson speech, BOE Bailey speech & IMF outlook. Earnings releases: Morgan Stanley and Bank of America. Financial Markets Performance:   The US Dollar rallied to 106.19 after testing 106.25, gaining against JPY and rising to 154.23, despite intervention risk. Yen traders started to see the 160 mark as the next Resistance level. Gold surged 1.76% to $2386 per ounce amid geopolitical risks and Chinese buying, even as the USD firmed and yields climbed. USOIL is flat at $85 per barrel. Market Trends:   Breaks of key technical levels exacerbated the sell off. Tech was the big loser with the NASDAQ plunging -1.79% to 15,885 while the S&P500 dropped -1.20% to 5061, with the Dow sliding -0.65% to 37,735. The S&P had the biggest 2-day sell off since March 2023. Nikkei and ASX lost -1.9% and -1.8% respectively, and the Hang Seng is down -2.1%. European bourses are down more than -1% and US futures are also in the red. CTA selling tsunami: “Just a few points lower CTAs will for the first time this year start selling in size, to add insult to injury, we are breaking major trend-lines in equities and the gamma stabilizer is totally gone.” Short term CTA threshold levels are kicking in big time according to GS. Medium term is 4873 (most important) while the long term level is at 4605. 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 on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst 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 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.
    • Date: 15th April 2024. Market News – Negative Reversion; Safe Havens Rally. Trading Leveraged Products is risky Economic Indicators & Central Banks:   Markets weigh risk of retaliation cycle in Middle East. Initially the retaliatory strike from Iran on Israel fostered a haven bid, into bonds, gold and other haven assets, as it threatens a wider regional conflict. However, this morning, Oil and Asian equity markets were muted as traders shrugged off fears of a war escalation in the Middle East. Iran said “the matter can be deemed concluded”, and President Joe Biden has called on Israel to exercise restraint following Iran’s drone and missile strike, as part of Washington’s efforts to ease tensions in the Middle East and minimize the likelihood of a widespread regional conflict. New US and UK sanctions banned deliveries of Russian supplies, i.e. key industrial metals, produced after midnight on Friday. Aluminum jumped 9.4%, nickel rose 8.8%, suggesting brokers are bracing for major supply chain disruption. Financial Markets Performance:   The USDIndex fell back from highs over 106 to currently 105.70. The Yen dip against USD to 153.85. USOIL settled lower at 84.50 per barrel and Gold is trading below session highs at currently $2357.92 per ounce. Copper, more liquid and driven by the global economy over recent weeks, was more subdued this morning. Currently at $4.3180. Market Trends:   Asian stock markets traded mixed, but European and US futures are slightly higher after a tough session on Friday and yields have picked up. Mainland China bourses outperformed overnight, after Beijing offered renewed regulatory support. The PBOC meanwhile left the 1-year MLF rate unchanged, while once again draining funds from the system. Nikkei slipped 1% to 39,114.19. On Friday, NASDAQ slumped -1.62% to 16,175, unwinding most of Thursday’s 1.68% jump to a new all-time high at 16,442. The S&P500 fell -1.46% and the Dow dropped 1.24%. Declines were broadbased with all 11 sectors of the S&P finishing in the red. JPMorgan Chase sank 6.5% despite reporting stronger profit in Q1. The nation’s largest bank gave a forecast for a key source of income this year that fell below Wall Street’s estimate, calling for only modest growth. Apple shipments drop by 10% in Q1. 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 on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst 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 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.
    • The morning of my last post I happened to glance over to the side and saw “...angst over the FOMC’s rate trajectory triggered a flight to safety, hence boosting the haven demand. “   http://www.traderslaboratory.com/forums/topic/21621-hfmarkets-hfmcom-market-analysis-services/page/17/?tab=comments#comment-228522   I reacted, but didn’t take time to  respond then... will now --- HFBlogNews, I don’t know if you are simply aggregating the chosen narratives for the day or if it’s your own reporting... either way - “flight to safety”????  haven ?????  Re: “safety  - ”Those ‘solid rocks’ are getting so fragile a hit from a dandelion blowball might shatter them... like now nobody wants to buy longer term new issues at these rates...yet the financial media still follows the scripts... The imagery they pound day in and day out makes it look like the Fed knows what they’re doing to help ‘us’... They do know what they’re doing - but it certainly is not to help ‘us’... and it is not to ‘control’ inflation... And at some point in the not too distant future, the interest due will eat a huge portion of the ‘revenue’ Re: “haven” The defaults are coming ...  The US will not be the first to default... but it will certainly not be the very last to default !! ...Enough casual anti-white racism for the day  ... just sayin’
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