NICE... Your bars look very calm. I've been trying to setup my Ensign Windows to look like yours. Until then, I'll have to use my 3rd back up web-based program. Once I get the Ensign Windows template configured, I'll program all the tools EW and distribute. I tried all weekend and made small progress. We'll see how far I can get. Seeing your charts is encouraging. Keep it up! The volume stuff is really important to couple with channels and how price is pushed around by volume. Kind Regards, MAK!
It is good but I strive to do better. Alot of data providers allow for the ES# notation. The rollover is not an issue in my EW app since my data provider, IQFeed (no affiliation except subscriber), now implements this feature. The reason why this is preferred is due to the the channels of the higher fractals and how much of influence they become as their boundaries become more prevalent. Without this, I have to intermittently alt-tab between the SPX and ES. Often there is an offset too between the two which is ever converging from expiration date to expiration date. Kind Regards, MAK!
.....and then as the trend begins to set in I notice increased volatility (greater channel width) with volume pushing price past the former left channel line. So another segment of the left line is called for when the guassian on the YM shows the second half beginning and ES price backs off of this new extreme (which is in a new price space AND just caused the channel width to increase). The Q at this time is to consider just "holding" the channel until later or decisiding to pep up my money velocity and trade traverses of the channel. This gets answered on two levels. Stalker is reporting on one part now. And there is another part easy is taking up. Grasp these thoughts. we have just nailed down what is meant by channels and their maintenance once and for all. there is no question that projecting everyone of the channels envelops is very informative and definitely and strongly tells you where the currently forming bar is in the infinite scheme of thnings. Mark the words of stalker. You see his effort to asymilate is presently at a given level of performance and sort of a limitation. This is normal and excellent thqat he can observe himself. Stalker always observes himself. He truthfully debriefs where he is at in a sort of plan for transition to higher ground. Mark his expression for over load: catatonic. Mark his expressionf for understanding (most recently stated); he says: I don't see bars jumping up and down anymore; they are telling me something now. He is self witnessing seeing the connection between the notes of the melodies. He now sees the market like a person listens to music. So he is focused on learning how to read sheet music and "hear" the music coming from the sheet. He also says it takes time to do this transition from before to after. Easy is considering the two sets of data from the DOM. Dom is becoming a two dimensional vetor. There are four basic strategies played by winners. A winners is a person who is taking money out of the market all the time. Just so we understand the definition of trading and winning. SCT is being "pushed" by these guys. If you are "looking" at the market for something you are not a winner type trader. Winners are "playing" the market. This is a situation where a guy has an instrument and he can read music. He reads the music and plays the song. He monitors the market and he makes the trades continually. Who are the SCT guys? We are producers of MTV shows. We don't have scripts and sheet music. It is our job to go further. we know ahead of time what camera shot is important and so we cause it to be seen because we know that is what there is to be seen that makes the MTV viewers stay tuned to live broadcasts. Yes, there are rehearsals and story boards galore. And there is the performance by the players. We can get to a sensitivity where we see more than the bars jumping up and down and the DOM feeding us two signal sets. We see how to bring out the ultimate nuances of all that is being orchestrated because we know from all the camera screens that are on the bay, which one to "anticipate" will have what we need to know to be "pushed" continually by the opportunity at hand. when a person says "I see volume is able to push the extension of this price bar to make the bar different and to see that the bar is signalling delta volatility (change in volatility), that person is stepping up to being able to see to "slalom" the additional channel width versus just riding the money velocity of the narrower channel. Three people in three different places all moving towards better and better trading. On point is the recognition of volume telegraphing a strtegy change to move up one gear in money velocitiy. the next level down a guy (easy) is plugging into the full signal compliment telegraphed by the strategies (four winner type approaches) that show on the DOM, button and the T&S. Below that is the so prevalent melody of smart money on the YM 2 minute. each of these levels is superimposed above the multichannel projections that are tidied up as the day passes. They all swing into play as one after anopther is digested and gains a real time utility. what makes all of this so exciting and deeply frustrating is the hard bearing down in real time to asymililate the truths of each stream of consideration. Natrually, this thread is surfacing the considerations through a set of concurrent narratives that are all time stamped and annotated on charts that appear as attachments. It all is going into a mill that will regurgitate it in a while. So there is a dream team doing the earnest effort to become better in each stream of interest. Sweeping is going on and more and more elements are on the table; they have roles that are better and better defined. Thier mutual interdependance is recognizable and it has been dicovered that at any specific moment just one or two are carrying the mlody while others continue to harmonize. We are very ready to find out how it looks when something turns up missing. We are very ready for what wasn't that. So I view my job as coming up with the videos that tell you how to go through the transition of putting it all together. Naturally, we need about 10 videos to explain each of the 10 elements as they sit independently and pristine. We also need to see the independent free standing four parts of the routine. Naturally the editied taxt and attached charts is a starting point that underlies the above. It all comes down to being a minimalist and being at the right place at the right time. But first you have to know it all to get the truths settled in your mind. The posts being made are right on and so forwarding to get this all wrapped up.
Super! Being a musician in orchestras and jazz bands for many years (Bari-Sax, Bass Clarinet, big guy=big instrument), Grob's analogy is so neat. Stalker, txuk, it is so vital to persist and run the drills. Day after day, it will get you calibrated to the irrelevancy of "falling off the edge". It is the premier reason of what seperates "A" from "B". "A" shows up to the session and run the drills over and over all the while acquiring the skill. It is there and morning after morning, things begin to click (admittedly slower than one would like) but the drills become SOP and eventually, just straight to execution. As you see on my charts, I only show Price and Volume (for now no other indicators) so that after seeing dozens and dozens of charts (I know I've posted 70+) you begin to instill the continuation of Price and Volume. It took me alot of pondering and taking out trashed beliefs to "get" PV. Price bars are stuck on a chart, and it is volume that pushes the bars around. That's about as simple an analogy I can make. If anything I probably would initially make people orient their monitors to be flat with ground in order to deter persons from a bias that Price has a gravity component (ie. what goes up must come down). An etch-a-sketch chart screen may be better suited, one nob price the other volume. It is neat to see how this is all tieing together. Be encouraged that pieces will fall into place. It is a misunderstanding that all pieces are required to be successful. For effectiveness and efficiency, they are optimal and fortunately we are building and adding each aspect. So tomm is another day, and we will run the drills again. Today was neat to see the tight range that persisted most of the day. Kind Regards, MAK!
Nice post Mak. I cant tell you how much your input is appreciated here. I have never seen anyone pick up the basics as fast as you. You passed me up a long time ago. Hopefully some of it will rub off. You are absolutely right. Cosistency is the name of the game. You are also right in that you only need a fraction of this stuff to get started.
Taking your music analogy one step further. There are plenty of participants here who would enjoy hearing a performance. It would be appreciated for what it is : a fine performance. The main argument against doing a performance seems to be that the audience will learn nothing from it. Who cares ? I dont really expect to learn how to play the oboe by sitting in the audience. Its about sharing your talent. Its about witnessing great talent at work. Its about inspiration. Of course it could all be about bullshit as well.
Chicken little, come on, why do you care? If I were making money consistantly there´s no way that i would take on a challenge like that by people here. It´s just ridiculous. The only reson to do a thing like that would be to show off. A person with that attitude is better off as a rap artist than a trader. There´s one thing that you chicken brains don´t understand, and thats this - I don´t care if Jack has made a single dollar trading in his whole life. The question just doesn´t interest me. I´m not even gonna try to explain why because you probably won´t get it anyway. Follow the thread from the beginning and do a little creative thinking and you might get it, even if i doubt it... /Stalker
Easy, for many reasons I stick around here simply because, others just like yourself stick around. It is encouraging. Our efforts here is about who is where and effectively getting the job done. What is so neat here is that we are at different aspects and what anyone does is effective at their level and each successive level (ie. iterative). I work around the clock day in day out weekends and go over just about everything and allow for things to click (this is the slow aspect I mentioned before). When they click, "I KNOW", and it is unwavering. Where each one of us at is great and we are iterating our way. Time to get to work... Thru bar 02... MAK!
THru bar 03... Just A quicky on the YM note the dominant reds. Also note the green bar and how it related to the previous bar (ie. neither extended above nor below the previous bar). It just stalled. I need to revise the YM channel (ie. put in the traverse channel) and capture pt2 and wait for pt3 and mind synch... Get Busy... MAK!