Simplicity in TA

Discussion in 'Technical Analysis' started by Xspurt, Feb 12, 2011.

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    Advanced Newbie
     
    #671     Jun 6, 2012
  2. ,

    Advanced Newbie
     
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    #672     Jun 6, 2012
  3. [​IMG]
     
    #673     Jun 6, 2012
  4. I wish some here would STFU and stay out of Xpurt's thread if you don't like what he's saying. Discussion is one thing, but some of you act like envious children.
     
    #674     Jun 7, 2012
  5. I believe it is over.

    The thread contributors decided to stop.

    Never cared for much for what Mr Xspurt Ambiguous had to say but Ammo and Red gave the thread new life, and apparently they too decided to stop, probably for different reasons, I take this opportunity to thank them both for the time they took to answer my questions.

    You are now left with Jack Hershey and his vomit.
     
    #675     Jun 7, 2012
  6. See attached.
     
    #676     Jun 7, 2012
  7. An example of what doesn't make any sense to you, consider learning to monitor and analysis trends using PA only as a starter.

    A very typical trend OOE in terms of cases is Xr, FBP, Xr, FBP, Xr and so on.

    FBP have second bars that are not measured (by leading indicators of price) since they "squish" into one bar which is the first bar of the FBP pair of bars. The trend becomes: Xr, Xr, Xr; it is the definition of hold in hold/reversal trading.

    I put up a pic of the last two bars I annotated a while back. Then I dicussed how this can be used a valuable information. The last two bars were Xr and Xr. The bars are diferentiable in terms of taking the full offer of the market.

    For example, it was explained to me that the readers knew that the OP had a bias on Friday. His views are lagging views as has ben pointed out by many.

    The last Xr could have been a forewarning in the form of more and powerful information.

    Today, Thursday, (07JUN12) within 30 seconds of open, intraday traders went all in short on ES. We all held until the end of the short segment. It was a time when the annotation I put forth here on another fractal was identical to what happened today in PA analysis of CW type traders.

    The five minute bar that "bottomed" the ES short was black bar following a series of Xr's. We followed this and reversed using volume analysis on ES. You would get the same answer on a Forex chart using the stand in for volume which I suggested.
     
    #677     Jun 7, 2012
  8. Of course Jack can't make a live call for crap, and all his analysis is in hindsight.

    I'll prove it....

    Jack, simple question, next week, red or green ? June, red or green ?

    Don't expect straight answers or anything at all.

    Here's mine, next week green, june green.

    But since you are a Guru and Gurus don't know shit, you won't make a live call.
     
    #678     Jun 7, 2012
  9. Watch how JH Guru acts folks...
     
    #679     Jun 8, 2012
  10. ammo

    ammo

    different doesn't mean stupid freak,don't mock what you don't understand,makes you just another member of the mickey mouse bash jack club
     
    #680     Jun 8, 2012