Do Trendlines work?

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

  1. Here are the "trendlines" that I have at this point today on June YM 15m chart.
     
    #831     Jun 9, 2005
  2. Update.
     
    #832     Jun 9, 2005
  3. FWIW, update.

    5m YM June
     
    #833     Jun 9, 2005
  4. Grob109

    Jack I know your setup by heart but am wondering if you have ever experimented with tick charts? I have been working with them since the Prof got me interested and when you find the right fractal they form some beautiful channels. Much cleaner than time charts. I monitor volume on a separate chart. I am beginning to think a person can trade off trendlines alone.
     
    #834     Jun 9, 2005
  5. ET abwhores a vacuum. Therefore absent a totally OT response by Jack, I shall respond. You see bitchin' channels on a one second chart, which might as well be a tick chart. If there were no spread (unlike as in sex, the spread is NOT good), and if those runs lasted more than 8 ticks, you could make beaucoup d'argent off of them. Alas, they are only good for tick fucking. Ask your girlfriend how many mini-orgasms it takes to equal a real screamer. It is a gender question. If you can only get it off once, don't tick fuck. Otherwise, by all means, enjoy.
     
    #835     Jun 10, 2005
  6. duard

    duard

    JM's prurient peccadillos purposefully promise to promote pandering.

    Amen
     
    #836     Jun 10, 2005
  7. LOL. Channels on a one second chart? Thats microtrading beyond even the master. I was just trying to get a rise out of the old man but I guess hes too busy. I have been experimenting with 150 and 300 tick charts on ES and they seem to eliminate some of the noise but as to whether theres any real advantage still remains to be seen. Ive got going with trend down pretty good but am still unable to come up with a viable countertrend/reversal strategy so I keep experimenting. I think the answer, for me, lies in the trendline/channel breaks but it still eludes me.
     
    #837     Jun 11, 2005
  8. I am the poster child for ADHD trading. And I wasn't joking. I was as serious as pussy.
     
    #838     Jun 11, 2005
  9. duard

    duard

    Today trendlines work!!!:D :p :) :eek:
     
    #839     Jun 13, 2005
  10. OK GROB, I am asking for some clarification please... I saw M0z's post but had some differences as to the items he ID'd as low risk. Nothing in this post is a response. No facial expressions or head gestures either :cool:.

    Picking up from our super in-person one-on-one/two meeting last week, which I again thank you for, and continuing the construction of this process, I have had the above containers organized across my home office floor, my girlfriend doesn't appreciate my initiative on this PROCESS construction effort but she's SOL. I am struggling a bit in the x, y, z, A, B, C against L, M risk identification and am trying to make sure I don't reach a frustration point... In one of your earlier posts, the definition for x was stated as a "knowing how to know" (text a few of us including myself have completed reading) and "not as an absolute statement that is intended to convey to others an absolute rigid defining descriptor". Judging by the fact that I said very few words in our several hour meeting, presumably, you know exactly how to provide the furthur clarity I am kindly asking for.

    Kindest Regards,
    Mak...
     
    #840     Jun 15, 2005