This chart doesn't show volume. And if it did, it would be 5 minute volume, not pro rata. And JH mentions in the above post that price only is considered. But thanks for your response. It doesnt seem likely, but only input from JH will move this forward to reproduce the trading as he has shown. Otherwise I will have to believe its a fine example of people fooling themselves with charts at the end of the day marking spots where they "would have" traded.
So if I hear you right, you are asking Chicken Parts to do some of his own homework. Why should he do that. After all, that would take effort and persistence and what would he do if he started to make money. Then his whole agenda is screwed. Be careful Oddi, no good deed..... I have to add, that I don't remember anyone extending themself as much as you have just now. I think you have been very generous and patient with your time and advice. Steve
He is adding plenty as did Oddi. Some things never change...give me a method I can understand in a half a day that will make me rich...if you can't, you must be a charlatan... What a load of elite losers...certainly not traders..... My favorite....trade real time and prove you can trade....for nothing......why should anyone who has offered a method (for free) feel the need to prove anything? Because you insist???...haha...get a life.... Why anyone that really can trade frequents this board is beyond me...cyber soap opera is overstatement.... Spend the time you spend on this board picking a method and studying same....you may find it useful or you may find it doesn't suit you.....you will have learned something regardless of the outcome.... More time studying markets/methods and less time dreaming up witty replies on boards such as this MAY be the answer.....
I have had enough CL, if this were a collegiate environment the professor would have little else to do with you. You are not serious. You do not seem willing to do your homework, as steve46 and a few others in PM have pointed out to me. If you do not understand the concept of prorata volume, then I cannot take you any further. You need to remediate this deficit by going back and doing some reading. If you put on some trades as instructed, we can do some AARs on them. Otherwise, you have not demonstrated in any way that you have an understanding of fundamentals. When you can show an understanding of fundamentals, then we can go forward. There seems to be an overwhelming opinion that you are not here to learn, why is that? Best Regards Oddi
What method is offered ? Sell the exact highs and buy the exact lows ? Yeah, you trade. What are you adding to the discussion of channel trading ? I offer a half cent for your two cents.
How can you claim that pro rata volume has anything to do with the charts JH posted ? They are 5 minute charts with no volume. HE says ONLY price is considered. It reminds me of the "two pair" tool. Every top and every bottom is characterized by the two pair. But so is every middle and other points in between. Are you telling me that you routinely make trades as he posted in the ES using pro rata volume ? Answer or not, I understand you are checking out and I thank you for your extending me the courtesy of the replies you offered. Good trading to you Oddi.
JH "revised" a chart I posted with his rendition of "what he woulda done". I didnt go begging him to show me a trading methodology. He made a claim and now I am investigating it. If you aren't prepared to back up your claims , dont make them.
I offer you the advice that looking to others to make the path easier is not the answer....even if the path is made clear you won't understand it without doing the homework..... Anyway, sorry I butted in....I will let you guys carry on amusing yourselves....