Hi Chief what I found very helpful in the beginning was to prepare some initial analysis sheets (IAS) for stocks with rank. The way I did...
Admittedly I only have what you wrote to go on, but it is apparent to me that you did not understand my analogy. Thanks for the education into...
Lets say you are driving to work the same route everyday: As you approach a particular junction you have learned that if you switch lanes a...
The retrace before a point 3 is often hesitant, uncertain and a little shy. The new point 3 bar is thrusting and confident and tripping over...
Presumably you want to pick locations which are only hit with momentum. i.e. behind a large wall of volume, say. Then why cap the upside? Take...
Jack, I feel a little responsible for describing one aspect of your methods as "almost cheating" on another thread. LOL. Ed Seykota, who I...
What are your exit rules? (I ask because it seems like the trade is not working out but you are hoping it may yet.)
Anyone who thinks that giving away their "edge" will reduce their individual profitability: a) is paranoid or delusional b) does not...
His filter is 80% effective in normal populations, apparently. On ET it is more like 95% effective. Where have I seen that number before?
I care. Knowing why it works conceptually means you will know its limitations and times when it could cease to work (if it ever does). If you...
:confused: I don't know where you got the impression that I don't believe the YM leads the ES. I have observed it and believe it: it's almost...
FWIW, this is what I think about YM vs. ES: At times of change the YM has a higher signal to noise ratio than the ES: the signal is amplified....
Take a look at this snippet - note where I've put the circles marking a couple of linked FTTs early in the session.
They don't, rightly IMO, as it is has proved to be the most effective filter. Either you can see the potential of this approach or you can't - it...
In Australia: "Brace yourself Sheila!" Nothing turns me off quicker than someone who makes a bald assertion and ends it with "period", as if...
How about this as a way to see where the bigger channel might form: 1. Fast paced tape. 2. FTT of tape, BO (the retrace). 3. You are now...
Do you really not understand the difference? Think of the method as a series of containers. We are in the outermost container at the moment....
Hold until the next FTT. Was there a FTT of your short channel prior to the BO? Just eyeballing your chart it looks like there were a couple...
You can still see the FTT (point 1) even with the laid back major channels Steve has drawn. Sequence: FTT - retrace - X2X confirms - BO...
Here's a schematic I put together on the P, V, A/D relationship following Jack's methodology. It's written from a long stock perspective but is...
Separate names with a comma.