Exact Science

Discussion in 'Trading' started by outsource, Sep 10, 2010.

  1. your comments are correct.
     
    #481     Dec 20, 2010
  2. Bar 9, back to doji...
     
    #482     Dec 20, 2010
  3. didn't take the image...
     
    #483     Dec 20, 2010
  4. Bar 9, back to short...
     
    #484     Dec 20, 2010
  5. See attached:

    [​IMG]
     
    #485     Dec 20, 2010
  6. .
     
    #486     Dec 20, 2010
  7. From your comments, you haven't figured out you lucked out by making two errors.

    You are postt FTT and breaking a prior RTL and in a LONG pattern looking for point 2 as defined on clean page 4.

    You have BALLS.
     
    #487     Dec 20, 2010

  8. See attched

    [​IMG]
     
    #488     Dec 20, 2010
  9. Bar 9-End of bar.
     
    #489     Dec 20, 2010
  10. So after this, we get on towards point 2 and hang in there and make some money and sxit as the non dom trip to point 3 gets under way.

    On bar 9 one tick later we go long and we have crossed the RTL, as usual on dominant volume going to point 2.

    Bar 10 opens dominant and freakout fear rides into your picture. Not handling this means you do two trades on bar 10 and ride out the end of the bar long.

    Bar 11 starts dom and goes non dom before the DOJI; you peel out at the peak ogf the bar as the proverbial "second chance" (See SKO).

    you watch the non dom DOJI from the sidelines.

    you are IN on the open of bar 13 (long) and you exit on the open of 14.

    you get in on 15 short and reverse after the open of 16 and take the ride to the open of 17.

    with two contracts rolling on the 13th in cycle 1, you have almost racked up you goal for the day as shown on the P&L.

    The FTT of the long pattern is nailed on the "second chance on bar 19 and you know you are going into a short pattern and you are going to trade the dominant segments only of that pattern.

    So I think we have "killed" your "luck" and gotten serious on cycle 1.

    Tomorrows Tuesday why not try logging for a while and tear up the market instead of doing the "rule making".

    the way to make money is to FLOW along with the volume nodes and do an occasional DOJI intrabar reversal to stay on the CORRECT side of the market.

    this is NOR rocket science.

    It is using a MAP and doing drills.

    there are 10 cycles that can be learned in 12 days each. the first five are basic map reading that merges the pattern with the nodal aspects of binary vector logic. Then you are sitting at 3/4 of a million by adding contracts from profits only and it is 60 days later.

    No betting. No predictimg. No probabilistic sophomoric CW.

    End freak out by using a map and doing binary vector decision making.

    This is duck soup. Learn to Ladle.
     
    #490     Dec 20, 2010