Those of you who are into clinical psych will recognize schizoid word salad here: "You will notice carefully and clearly that you are forming more corroberated interstitial differentiating networks in a lot of places in your mind." Whaddaya wanna bet Neoxx UNDERSTANDS it?
I think I must be slipping. I actually agreed with this: "The part of this region nearst the Present where the future comes into the present, continually becomes more and more certain...Certainty arrives in the Present, because in the near term future, all of the alternatives have been eliminated." Especially the distinction between "Present" and "present".
You should check out the sweeps chart and also check out "sufficiency' as applied in information theory on the non probabilistic fork. Two more major clues for you to begin to consider. We are dicussing making money here. It is a very pragmatic orientation. It is always important to observe how much the guy with the big stacks of chips bends his cards past the point of elasticity. It is a good idea for you to express yourself. But it is not a good idea to reject things out of hand that you have not looked at Lets contast "walls" on the DOM and "cascading". Think about it at least once. An ex President of the floor traders of the big S&P said to me in his office: "why are you not getting the spread why do you guys keep giving up the spread all the time?" He also said: "I'm a '58 Buick compared to you; you are red Masseratti's just off the production line (meaning free of faults)". The most I have ever seen him down on an account was 40 million. Any day I have seen him up side down I have been able to note the time and price when he could make it back to even. In trading a person makes the decision to make money or to be right. The decision is simply the choice of focussing on timing or focussing on price. I focus on the timing of doing a behavioral event every now and then. This is simply what I call level 1 trading on the ES emini. Why don't all those limit orders @ the wall get filled on the turns? Are those guys getting in the market or out of the market? Wheee.....What is cascading? Who makes money on those terrific cascades? Seamless Continuous Trading. It is a blast if there ever was one.
666, just between you and me, because I know no SERIOUS traders are watching, try adding 10 minute to you chart. Postage stamp size will suffice. And I wasn't joking about one second. I put my one second systems on audibles so that I can watch for S/R on the higher time frames without the visual distraction of the one second jiggles. I have about a dozen audibles that keep me informed without having to look.
Thanks for sharing. I like one second because with extreme time compression I get a better sense of price development than I do with candlesticks on higher time frames. Funny that you run an EMA on it. So do I!
Here's a good one, by Trader28 aka Schlap -- the Famous "I am Long and Strong" http://www.elitetrader.com/vb/showthread.php?s=&postid=1980384#post1980384 <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1980384> I guess he forgotten to the check the Zero Cross? (or maybe he doesn't use it at all.)
666, I only trade stocks for investment, and nothing exciting comes to mind, at least not to match pushing the button "convert every fucking thing to cash" year before last. Otherwise I'd be drinking beer now rather than an early start champagne. What I do every day would bore most people to death. I take a steady string of no-brainer scalps, each for a bottle of Gloria.
I am taking small positions in diversified industries, based on Joe Doaks' TDT system. Currently I have CMA, DPS, VZ and PFE. And a backlog of maybe 10 more that are recovering nicely. Many stocks have been outperforming the indices in the past month. (Yes, Jack, I know it's not as scientific as what you do. But I drink a lot of DP.)
The Sequences of Price and Volume are immutable. They are even clearly visible on a lowly 5M chart. It truly is an amazing thing! Happy New Year Socrates...