Technical Strategy

Discussion in 'Chit Chat' started by Tums, Oct 3, 2008.

  1. Neoxx

    Neoxx

    Just a quick point of clarification.

    So point 1 to 2 is… a dominant traverse in a channel that has a designated direction. Therefore, in chart 1 in which the channel is short (and deemed short by the early expression of dominance that signaled entry), the second bar of every short-trending pair would be marked with a T in the price column?

    In contrast, every red bar in the first traverse would be marked with ST in the sentiment column?
     
    #321     Oct 22, 2008
  2. Neoxx

    Neoxx

    Here's the Day 8 entry drill.

    Regarding tomorrow's realtime preflight check and entry + two traverses, unfortunately working in ER until 1pm EST.

    Have all day off on Friday though, so can do everything in realtime.
     
    #322     Oct 22, 2008
  3. Seems like there is a coup. They removed our posts and instituted the Hershey crowd.

    That proves we are far better than them. One day of live calls and they stop us.

    Maybe we need to setup our own site.

    They don't want us here. Only the losers are welcome, so it seems.
     
    #323     Oct 22, 2008
  4. Good clarification and confirmation of a logging process.

    I parsed your Q's below.

     
    #324     Oct 22, 2008
  5. Neoxx

    Neoxx

    Perfect. Thanks.

    Start work in a little over five hours. Will be up-to-date by tomorrow night.
     
    #325     Oct 22, 2008
  6. Let me make a small observation. We are working through 10 days to achieve several drills. You work one drill through and we move to the next drill.

    At some point the beginner trading cycle of trading FTT to FTT will be apparent. That is bacause we have drilled sown each of the stages of the sequence that is repeated in beginner channels trading.

    We are NOT going to trade through a day until you are ready to trade a day.

    Boot camp is designed to learn. If you learn, then we have a differentiation in the mind that allows a person to sit bar by bar and always "know that he knows".

    This is a tough situation and you always demand to invent what you want to do instead of what you NEED to do.

    I feel that it is just fine to not be able to do everything in 15 minutes and march ahead.

    Since we both have ER experience we know how messy papers can get in the ER. Cop a long board and snag an empty bay. sneak in there when there are no ETA's for the next 20 minutes and do a chart and log and put it in a folder. Ask the chaplin to clue you in IF ANYTHING hits the fan. the chaplin ALWAYS knew where I was (changing, eating chocolate chips in mess or doing laps in stabilized patient rooms of ER.)
     
    #326     Oct 22, 2008
  7. Please Feel free to do your visualization of this post.

    Add a line of me doing the commentary on the 10 days of the drill to get from entry to point 3 in two annotated and logged pairs (chart and log) of each of the 10 days.

    This is something we are doing so you can learn from comments on actual efforts you have made in logging and chart annotations.
     
    #327     Oct 22, 2008
  8. Neoxx

    Neoxx

    Ok. I'll take my charts and logs into work and make the most of opportunities as they arise.
     
    #328     Oct 22, 2008
  9. Neoxx

    Neoxx

    The comments have been very helpful. Now that the trend component of price and sentiment has been clarified, I'll continue with the drills.
     
    #329     Oct 22, 2008
  10. Perfect. And I will assign you drills for after point 3.

    There are several:

    3. point 3 to FTT.

    4. The remaining beginner cycles for each day.

    5. Bebriefing to add contracts each time the opportunity permits.

    6. Doing the 10 day P/L equity curve for the Business Plan

    7. Beginning to annotate and log in real time.

    8. Repeating days 1 through 10 for the next skill level of SCT.

    ETC.

    We will need to get the biofeedback rolling too. We will work with some locals in your area to get up to speed. Checkout the cardiac folks in your area.
     
    #330     Oct 22, 2008