Are you talking about the demented gibberish and scribble that you posted on those sheets? It was a treat all right... ROTFLMAO!!! Since you claim to routinely make 3X daily range in ES, why don't you demonstrate that in a clear, transparent, public demo where you can't fake it in any way? Answer: because you can't. You're such an attention whore that you would if you could for sure. Instead, in a trading contest where you couldn't fake it, you came in dead last with -24%. P.S. What happened to your promise to your former IBD group to turn $10,000 into $1 Million in 100 days and document it on ET? http://www.mediafire.com/?1gi2qygm3yh Answer: you failed to do it. About the only thing you seem to be good at is suckering noobs with your pied piper routine which you've been playing on the internet for over a decade. Remember these people from Harvard? They came up empty handed after trying to decipher your "teachings" for more than a year, starting in 1999. Look at posts # 1 and 2 here: http://groups.google.com/group/misc..._frm/thread/e21428336d0962ed/4088dacd0b5143e7 Now look at how they felt over a year later. ...I don't understand why it's not possible to verify such a successful futures trading system if it is based on objective rules. My own attempts to automate the system have been frustrated at every turn by an enormous problem that is apparently only resolvable by gut instinct... I have spent a great deal of time respectfully reading and thinking about what you have written, but mostly what I feel now is frustration. http://groups.google.com/group/misc..._frm/thread/ccc785d53a418f8a/ad6210f80809669d Keep up the good work, Jack!
I did covr move1 and move 2 in another post. Here is another run through for today's chart which is interesting in itself. I labelled the three M1 M2 places. The VE was NOT handled on any of thenm so there was an anticipated M1 and M2. Precisely what "handling" means is determined by the "zone". The zone is the space between the old and the new RTL as I mentioned. If the close of the VE is in the zone, then expect an M! and M@ set of moves to get the the END of the VE consequences. In every case the END is an FTT related to the VE pattern. For trading, it is important to "know that you know". Trader666 has conveniently pointed out the extent of the daily market offer. There are two groups that respond to the ATR: those who want to learn to make money (trader666 fits this group) and those who are focussed on effectiveness and efficiency (you for instance). To make the offer, a person has to learn to learn, differentiate his mind and focus on trading the tells of the market as a partner with the market. As you look at the chart, you see the frequency of occurances of VE's and fanning RTL's and the number of bars that end in internals (the twobar yellows). You also see the volume pace changes in the day as various time segments of the day. the FTT at the top of bar 1 took us into the market short on bar 1. as on the day where I made the calls, we talked about getting to point 2 and going long. Repeating that trading sequence today was just like the prior day. No VE for either the first short or the first long. Bar 16 formed as a stitch EXCEPT volume did exceed the prior and it was a peaking volume. The close was in the ZONE. As I mentioned I usually sideline by optimizing my exit in the VE when price is hanging in the zone near the end of the bar. 20 minutes of no price movement ensued and then it was time to carve into the long and take the ride during the second pace segment of the day. To be precise, just slip in rtl anotations on M1 and M2. there is also the IF 1 , IF 2 logic you can use. there was a VE at the end of the long (bar 37). there wasa thin zone and it was not occupied by a close. I use the red translating bar as point 1 of the short. The VE of the short had the Hershey Hinge in the VE's second and thrid bars. this makes the HH tradable for me and I anticipate a period of M! and M2 to take time because of the time of day and the corecsponding pace. THE M! and M2 were identifiable sub BBT's. My focus was on getting pt3 of the first long tape of the new restart of the long channel. the VDU 14:00 bar that translated really caught my eye. tnslation on little volume meant a really thin market control by the minority. The last move 1 move 2 (bar 72, etc..) was also Hershey hHinge oriented so we could expect to have two more chunks to add to the multiple of the the daily ATR. So of the four M1 and M2's, two were trades and one was a sideline @ high market pace. The other was "handled" by not being in the zone. So the other two topics that rate with VE's are fanning and two bar yellows. Internals are good to have your trading platform annotate automatically. you also see that laterals are automatically annotated. Also you see that P's appear for peaking volume and incidently there is always a blue PRV for volume on the chart. Increasing volume gets a little arrow up and decreasing volume or equivalent is NOT annotated. At first, treat internals as single bars. One internal is a single bar on its own; it is special and called the OB. As we all see from the recent revelations, trader 666 doesn't like my advance calls. Rather than post calls I should have just posted the coding behind the calls. It is a series of if, then statements for doing the way patterns make the integrated nesting of fractals. Once when T666 fucked up the back testing on PVT trading I posted a one pager with the lookup tables and the rules for not fucking up backtesting. as we saw for several years now, no results of backtesting have ever appeared from trader666. Prima facia, for others this means the lookup and rules (in color) are perfecto for trading PVT. congrats all around to the users and for trader^^^'s silence. ^^^ is his nick name. at this point you can handlke the two bar yellows by thinking about them critically.
I'll be damned, LOL. Thank you very much for this delightful reminder to pay attention to all available data. I have been so narrowly focused on RTL in my differentiation attempts, that I totally missed the significance of the other trendline, LOL. Thank you again.
Unlike you, Jack (with your delusional 3X daily range claim despite your actual performance of -24% in a trading contest), I do know how to make money. Remember when I challenged you to a trading contest and you chickened out? Let me refresh your memory: http://www.elitetrader.com/vb/showthread.php?s=&postid=1089241#post1089241 http://www.elitetrader.com/vb/showthread.php?s=&postid=1089742#post1089742 http://www.elitetrader.com/vb/showthread.php?s=&postid=1089925#post1089925 http://www.elitetrader.com/vb/showthread.php?s=&postid=1091102#post1091102 Why don't you show us all how you routinely make 3X daily range in ES in a clear, transparent, public demo that you can't fake in any way? Answer: because you can't.
Now I inderstand what you meant by urging us to leave the "mess" on the charts... Thanks a lot. I guess that was the last building block for my being able to groove.
Here ia a chart for the am and midday across to where settlement took effect. As it happened after gapping a new FTT after the VE at the end of the day occurred. As you see the BO of bar 81 top (gapped on bar 1in greens) was the beginning of trading for the day. Then we get to begin BBT 2 short of the tape1 long of the new long channel AFTER the bar 1, 2 and 3 consecutive VE's were handled. My print is showing first partial short @ 9:45:29. This is after the FTT was put in and early in the bar 4; it is called a "second chance" reversal during the window of the second hypothesis which define "change" of trending of P, V. For most of the index record keeping, the non RTH's have dominanted the net progress of the indexes... In this Depression the gap downs during non RTH's will become fairly significant to financial planners and fund operators. We remove gaps and carry over the patterns on the various fractals. Glance at chart for a vertical pink line labelled gap. As you see there was a cancellation of the long following the intial FTT. The market may be trying to go long but most long efforts are being orerridden by the herd. Go through the chart and begin to mentally put in place the pieces. Once facilty happens for the invidivual pieces, then your mind will begin to put the pieces together. To day has been a good "working" day for operating and dealing with the interrelationship of the pieces. A lot of lateral time was available today See red boundaries on automated platform.
Thank you, Jack. Quick question - the vertical medium weight magenta (pink) line with the blue label "gap" on it on a top of the bar 34 (12:20 close of EST) - is there any significance to that annotation?
I use the gap to set up the day. As time passes I find a place to park it out of the way. The "gap" is just a label I use. Occasionally during the opening bar I am in a rush. So I make a vertical bar before open and use an estimate from another platform that runs 24/7. When the opening price appears I tweak the vetical bar and use it five times for the specific offsets you see annotated. Usually I skim this 24/7 platform to see if, during foreign market RTH's, anything caused shifts in the overnight trading. The latest I have ever traded is 10pm NYSE time.
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Mostly everyone on ET takes your word for the fact that you do know how to make money. It always is your choice to demonstrate why, what, how and when you do it. Therefore, I'm sure most people who are interested have observed you and your successful methods. The same is true for people checking out how others have learned to us PEP, PVT, SCT and SSR, tha applications of PEP. 40 of these people and a corporate sponsor met all day yesterday in Vegas and reported they had a worthwhile time together. Sub group meetings continue today. You are sucessful and the meeting attendees and presenters are successful. I and I'm sure, the attendees thank ET for providing a place to be able to exchange ideas and to learn to trade. So a large group of people, individually and collectively, have made learning and using PEP and its applications (PVT, SCT, and SSR) fully transferable to any one who when through the learning steps (presented as a syllabus) over a multiyear period. Please read through any parts that appear to be less than transparent to you. Cut and paste the text you are concerned about and post it in a thread you can OP. Use the thread you set up for the contest you made the rules for, if you wish. If you wish, prep ahead of time for possible questions on what will be happening on any part of any day coming up. If you wish, after we contribute responses, post your trades during that interval to help others see what could have been done using your method(s). I have given you a lot of updates on trading stocks over the years. You may have backtested these rule sets. If you need any further help in backtesting them, let us know. There are always daily emials circulating that have IAS's Universes, DAS, and current hotlists and batting orders which are activily in use. Let us all know who you read in the P/L thread and if you have any unanswered Q's about how any of those trades were accomplished. If you wish set up a forum where all of use can place our calls for the day. Please feel free to repost any of your prior comments to me. It is always a good idea to refresh everyone's memories. Smart money is short over the beginning of the weekend.