ProfLogic's Method

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

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  1. pismo10

    pismo10

    That might add a trade around 9:50 that did not really work out. I'll have to study it more. I am used to waiting for confirmation on the 16807 or very close or at least the histo Or the ERG with you.
     
    #881     Feb 25, 2009
  2. The trade at 9:50 am EST wasn't valid because there was no oscillation on your entry chart (2401) in Prime on the ERG. That oscillation didn't occur untill 10:12 am EST.

    Post a chart so we can see where you are looking.
     
    #882     Feb 25, 2009
  3. Whisky

    Whisky

    pismo: the 2401 ERG changed to blue at 10:13.

    According to the rules in page 10, no trade was possible in that ENTRY chart before 10:13. I suggest anyone trying to understand and or apply this method to become thoroughly familiar with the RULES in page 10.

    JW
     
    #883     Feb 25, 2009
  4. Wow . . . imagine that Whisky . . . we saw it at the same time. Mine was at 10:12:56 am EST.
    Well done!!
     
    #884     Feb 25, 2009
  5. Whisky

    Whisky

    LOL.

    The only thing you are saying is that I'm as smart as a box of silicon.:D

    JW
     
    #885     Feb 25, 2009
  6. pismo10

    pismo10

    I jump back and forth (and this is a problem of mine) between 2401 as the entry chart or the next slower trade chart. I cannot make heads or tails of the 343, I see PF bars all the time. Too fast/choppy for me so I need to stick to the 2401 as the entry, the 16807 as the trade and the 117k as the strength. Therefore I agree the 9:50 was NG.
     
    #886     Feb 25, 2009
  7. Wi!s0n

    Wi!s0n

    Maybe this will help(?)
     
    #887     Feb 25, 2009
  8. Most people don't realize they are . . . I know you already knew that.:D
     
    #888     Feb 25, 2009
  9. Pismo . . . take a breath.

    IF you want to trade the 16807
    THEN you 2401 will be for entries/exits
    and 117649 will be for ERG/Histogram Strength
    PERIOD.
    Think of a Teeter Tauter where the Trading Decision Chart is the fulcrum or center point.
    Don't look at any charts other than the 3 in your trading environment. It will mess with your head. This is exactly what happens to MOST traders.
     
    #889     Feb 25, 2009
  10. Whisky

    Whisky

    The thread is now mostly clean from page 1 till this post.

    Most/all off-topic posts and replies will be deleted.

    Bona-fide posters PLEASE show the discipline to not respond to thread trashers. It makes maintenance easier.

    JW
     
    #890     Feb 26, 2009
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