Hooti's Journey

Discussion in 'Journals' started by Hooti, Dec 1, 2010.

  1. Hooti

    Hooti

    Ammo, I'm still not getting the uvol to dvol compairison right... tho I'm closer...
    I have the numbers on the side as 6.74 to 2.43, Yours were 3.58 to 2.08, the proportion is not the same, so somethings wrong....

    I really appreciate the points you are making.


    [​IMG]
     
    #251     Feb 16, 2011
  2. ammo

    ammo

    uvol vs dvol
     
    #252     Feb 16, 2011
  3. ammo

    ammo

    point i was making about a trenday is the blue line at the bottom of your chart,it was flat all day while the uvol kept climbing,when you see those you don't fight the tape,contrarian traders usually give it back on these days,watching this tips you off not to fade trend
     
    #253     Feb 16, 2011
  4. Hooti

    Hooti

    OK, thanks!
     
    #254     Feb 16, 2011
  5. Hooti

    Hooti

    8:06 short 1333

    out 8:09 1332 +1
     
    #255     Feb 17, 2011
  6. Hooti

    Hooti

    8:40 seeing a double or tripple top for short,
    but also a large triangle forming from the open,
    so maybe a move coming either way,

    But family minor emergency with my father, have to go for a while,
    See what happened when return.
     
    #256     Feb 17, 2011
  7. Hooti

    Hooti

    back, and it did move nicely.
    Probably sit on my point for the day.
     
    #257     Feb 17, 2011
  8. Hooti

    Hooti

    [​IMG]

    finding these likely pivot points... as I understand ammo is talking about.
    was reviewing my trading lab with the class teacher who is so accurate with elliot and fibs. She commented that if she wasn't confident of the elliot wave count - and the resulting likely pivot points -- that she wouldn't trade that instrument. Look forward to getting better at this.
     
    #258     Feb 17, 2011
  9. Hooti

    Hooti

    8:11 short 1338.25

    8:19 out -.5 1338.75
     
    #259     Feb 18, 2011
  10. Hooti

    Hooti

    Ammo, I'm watching your profiles to find likely pivots

    I can see that not using this kind of thing is why my 'price action' trading failed at times.

    but is there a way to use the TPOprofiles as a basis for projecting pivots when it's going up beyond where it has been recently?
     
    #260     Feb 18, 2011