Ok jack... I'm hanging at 60 and 240 is ahead, but I have it now, because I chose to do something about it and brought it to the present , theres no need to procrastinate. Any advice as I hit 60 because theres a lot of feedback there that even continues as it passes to 3x60,4x60 , because I know the road ahead even though its not visible... I know this road and want that curve ahead that is not in sight displayed on the navigation ... which can be programmed to display what has yet to be driven. The navigation needs to show the interactive maps . The map has a big x on it . I'm taking gps at 1x60 . any advice ??? Were taking serious gps jack , the real deal I'm asking santa for a kick ass navigator this year .
I corrected the mistakes and made some changes. I used 25/75 for Stoc(14,1,3) for entry and Stoc(5,2,3) for exit. The result is improved. Here are the updated rocket criteria: 1. Long when macd(5,13,6) histogram >= 0.4 and stoc(14,1,3) K > 75 and stoc(14,1,3) D > 75 (K or D is crossing 75) and Vol>=Fast Pace 2. Short when macd(5,13,6) histogram <= -0.4 and stoc(14,1,3) K <25 and stoc(14,1,3) D < 25 (K or D is crossing 25) and Vol>=Fast Pace 3. Close long when stoc(5,2,3) K < 75 4. Close short when stoc(5,2,3) K > 25 I used stoc(5,2,3) K crossing 50 as an entry signal, but more losing trades resulted. I am still studying how to apply stoc(5,2,3). There are 4 cases for the two line relationship (Please see the attachment): 1. Convergence (C) 2. Divergence (D) 3. Crossover (X) 4. Parallel (which rarely happens) The 6 triad cases (The 1st element is either C or D and the middle element is X) are: CXX, CXD, CXC, DXX, DXD, DXC I am still figuring out how these triad cases relates to the order of events. Do these 6 relations refer to B2B2R2B and R2R2B2R? The full version of the blue post is here: http://www.elitetrader.com/vb/showt...ight=long+canoe+that+is+longer+th#post2923398
I always found CXD in MACD (the green rectangles in the attachment) and it is a lagging signal. I seldom see CXX, CXC, DXX, DXD and DXC in MACD. I focus on these 5 triads (CXX, CXC, DXX, DXD and DXC). Am I on the right track?
Hmm. A rocket. Let's see. How would a rocket scientist characterize a rocket? Measure position as a function of time? Derive velocity and acceleration as functions of time? Maybe characterize propellant consumption from telemetry? Process all the data he has with modern DSP filters? Nah! He'd use some fucking seventy year old voodoo formula from the slide rule era!
The rocket is a moniker for beginning Hershey traders who cannot see the market yet. The indicators are there as training wheels. To make this right down to earth in a language that you can easily understand, a rocket is when you enter a position as price is within 75% of it's 14 bar high and on heavy volume relative to the bar by bar volume of the prior month. How hard is that?
They have been trading rice in japan for several hundred years young man, a piece of paper and a pencil is really and truly all you need.