SCT High Velocity Profits Q and A Journal

Discussion in 'Journals' started by Grob109, Aug 27, 2006.

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  1. Get a hold of a sweeps chart in pdf and color. Do sweeps in black from bar 3 to bar 10. Make a line down the chart and circle where you reached step four of the routine for each line going down the chart. Think of the time spent doing a sweep. Then divide that into (10-3)x 5= 35 minutes. That is how many colored lines that you will have on the sweeps chart. Notice that you go to the bottom of the chart in ONLY three groups of sweeps (a few each) between bar 3 and bar 10.

    Change color ball point and do sweeps similarly from bar 10 to bar 15. There is some overlap in my request. Notice that you never get to the bottom of the chart even though you have gone through points 2 and 3.

    Change color and do sweep lines until you get to the end of the bars in my red annotations.

    Now you can see why putting up a five minute chart in ET is not the only place where the answers are for making money on ES. The five minute chart is the trading fractal and trades have nothing to do with the beginning and ends of bare on the chart. Nor do they have anything to do with the open, high, low and close of the bars. trades and actions take place as a consequence of taking data sets by seeeping the screens and making a pair of the data set and the appropriate conclusioon. That conclusion is paired with one of five possible decisions: hold, wait, reverse, enter or exit. That determined, you close the routine with step four by taking the timely action which is most often "hold". Hold is what is used to make money on the right side of the market.

    There is nothing new in this post. It is just an application of some previously stated and restated stuff.
     
    #171     Sep 18, 2006
  2. That information comes from logs since they are more comprehensive.

    this thread is fucked up enough without you continually whining away trying to get prints.

    Can you just fuck off and drop following this thread.
     
    #172     Sep 19, 2006
  3. Magna

    Magna Administrator

    This thread is closed for obvious reasons. I'm sorry it ends this way but some people will not or cannot remain civil, and refuse to follow a few simple guidelines. As the blog was freqently referenced it's probably best that future discussions take place there so Jack will have control over content.
     
    #173     Sep 19, 2006
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