ProfLogic's Method

Discussion in 'Strategy Building' started by El Guapo, Nov 24, 2008.

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  1. chart missing
     
    #211     Dec 22, 2008
  2. Tums

    Tums

    How many LCD does it take to read this?
     
    #212     Dec 27, 2008
  3. Whisky

    Whisky

    Hi. Thanks for input. I understand 6 and 7, but what is 5?

    Thanks.

    Johnny Walker
     
    #213     Dec 27, 2008
  4. Whisky

    Whisky

    Your 13:46 short is according to the rules?. I see higher highs and higher lows. :confused:

    Question: What is exactly the trigger bar (see my earlier post)?

    Thanks.

    J.W.
     
    #214     Dec 28, 2008
  5. 13:33 was the long entry; 13:46 was the exit. you are correct, higher highs and higher lows.

     
    #215     Dec 28, 2008
  6. Whisky

    Whisky

    Thanks man. Very clear now. My mistake.

    Re. entry. Do you enter on the next bar open after a color change?. Is that what the 5 below means?

    "(5) Look for PF Bar or Bars

    - PF Bar definition in Book"

    Do you have the exact definition in Book?.

    Cheers

    JW
     
    #216     Dec 28, 2008
  7. Whisky

    Whisky

    Hi Prof. In the chartscalp you posted between 9:45 and 10:00 the market was making LLs and LHs (in the depicted timeframe) yet you only painted blue arrows for longs. Am I making some type of obvious mistake (very likely) or are those trades against the rules?

    Thanks

    JW
     
    #217     Dec 28, 2008
  8. Hello Prof,

    is there any chance to watch you trade this live in the ET chat the coming week ?

    So far, I understand that using constant volume bars is a nice way of portraying price action (I agree with that) and that you seem to be using divergences among other setups ( have never found any value in watching divergences between oscillators and price).
     
    #218     Dec 28, 2008
  9. I have it spead across "7" but I never look at this much data at a time. Waste of energy. Just showing the entire week as an example.
     
    #219     Dec 28, 2008
  10. JW,

    reference the post so I don;t have to go searching for it, Thanks.
     
    #220     Dec 28, 2008
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