Do Trendlines work?

Discussion in 'Technical Analysis' started by duard, Apr 3, 2005.

  1. dkm

    dkm

    Thanks Jack. This is going to take a little time to digest.
     
    #181     May 2, 2005
  2. BSAM

    BSAM

    Caught a couple more, huh Jack?
     
    #182     May 2, 2005
  3. Who knows...ET has a B crew here who keeps track....chack with your crew mates....
     
    #183     May 2, 2005
  4. EXCELLENCE!

    It's there, it really is! Dig deep and start monitoring/analysizing/deciding/act timely.


    Kindest Regards,
    G33M4K Type A (non-BEginner)

    Today's Results
    1 ES Contract +11.75 pts (fully automated) context free unfortunately w.r.t. volume - will nail soon
     
    #184     May 2, 2005
  5. B Team punter checking in to the game! I am still waiting for just ONE real time call and execution report. With a five minute chart perspective it is perfectly practical to do that here. I have done that with my pathetic little NQ tick fucks on scalps shorter than his bar.
     
    #185     May 2, 2005
  6. BSAM

    BSAM


    Mako.....

    You need a light?
     
    #186     May 2, 2005
  7. You saw the Greenspan a few weeks back? Still not convinced? This is all OT. I will refrain out of respect for the thread initiator. My apologies for addressing Special Team B...
     
    #187     May 2, 2005
  8. duard

    duard

    I'm lost?:confused:
     
    #188     May 2, 2005
  9. volente_00

    volente_00

    #189     May 2, 2005
  10. dkm

    dkm


    Are you using reducing pro rata volume on the slower fractal to indicate that the trend is ending?

    The crucial factor in your answer appears to be "pace". These are the points that I have identified:

    Context:
    I am looking for peaking volume at the LHS of the channel.
    I am looking for minimum volume at the RHS of the channel.

    Pace:
    If the pace is fast, sideline if I see reducing volume on 5min fractal. For a slower pace I have the option to trade the countertrend traverse, which I am not doing at present. Focus on pace instead of formations, for the time being. Compare peaking volume in successive guassians on 2min fractal to help identify reversals, along with the usual B2B and R2R.

    My apologies if this is too simplistic, but I am trying to reach a practical understanding of how to use trend lines in the context of price and volume. Although I am using multiple fractals (15, 5 and 2) I still find that the channel context frequently becomes unclear, leading to whipsaws etc.
     
    #190     May 3, 2005