I deleted the post because I promised myself that I wasnt going to respond to this sort of think but I wasnt fast enough. fwiw I did call three of my trades live today. ciao
And for that YOU are to be commended. However you are not the supposed Guru on this channel. Lets see those blowing hard respond. MAK said his spreadsheet was a POS and yet does double digits per day. NWBPROP and others begged for a mechanical 1 point a day method and were left dangling in the wind. If MAK posts his spreadsheet or even just the trading logic behind it I VOW to never darken his or Grob's threads EVER post facto. Oh yeah, I mean provided it works HAH !!!!!!!
fodder for the fowl's FOCUS... LOL never seen one of these in your life... GWAN... bomba... dis a murda... 08.24.05 RUN TIME LOG! As you can see the EQ level for some is a b!tch, beyond desparation. MAK!
Aegan. Thanks again. SPX was the answer I was looking for to what you had suggested. Quarterly Charts... Much Obliged, MAK!
Grob please find attached 2 docs in 2 posts 1. sct 1 a (no charts - just minor spell checks etc.) 2. sct 2 a annotation skill development stream (charts added + spell check) Mak - informative charts today - thanks for posting thanks Irl
For some, holding can be uneasy. For me, it is a matter of continuation via bar extensions and more importantly volume. How did I arrive at volume being meaningful? So let's say that we independently gathered each separate 5 min bar along with its volume and did some simple comparisons between the bar's volume and volatility (ie. H-L). Without being statistically technical (since it too can be done in a spreadsheet ), it would be revealed that a simple relationship exists between the bar's volatility and volume. In the simplest of terms, the relationship would reveal that bars with large volume, comparitively speaking, also exhibit large volatility. NEAT! Stalker asked somewhere along the day whether the volume is unusual. Thank goodness he is tuned into volume. CONTINUATION & VOLUME For sticking to a hold, I am in a continual monitor of YM and ES (biased to YM) and often sticking to a hold by analyzing the whether bar after bar is extending in the direction of the traverse. To be more specific, if the traverse/retrace is short, I am looking for bar after bar to continue extending lower bar lows (higher bar highs for long traverse/retrace). As in Grobs 5 pairs of bars, the same 2 bar combinations are continuing. As long as bars continue extending the trades direction it is continuation and easy groove. For bars that are neither and/or both it is be alert time. It is a particular time when volume is particularly informative for me. Then there are the take action points. I've attached a chart below... Kind Regards, MAK