Maybe Mav can get back to you on this... I think I know what your after. I found OR size ( I think you mean duration or time) is 45 minutes fro me.. I am not all that interested in real short term movements
The NL are used in conjunction with your daily A levels that you use for trading, you don't want to put yourself in a position where your getting conflicting signals by using different levels for your NL's. At least that's my take fwiw
A fair warning. One of the cardinal sins in data analysis is run different data sets and select the one that looks best. You want to formulate your theory FIRST. Then TEST that theory very much like the hypothesis testing you learned in school. Create a null and alternative hypothesis. Calculate your t-value. calculate your t-crit. Try to reject your null. If you cannot reject your null, then you have something. If you can, try again. Run another test. ALWAYS put theory first, not data. One of my favorite data quotes is "if you torture your data enough, you can make it say anything".
Great post Coach! Besides expanding the Chapter on Number Lines from the underground ebook Mav the Mentor, I see that's it's also cross referenced and placed in the Best Half Time Speeches chapter. If this doesn't "juice" ACD newbs like me, nothing will.
All 11 of my sectors had a number line of 2 today, and that's rare: IYR, IYZ, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY. (I just typed those symbols in off the top of my head. Before I started keeping number lines I not only couldn't do that I didn't track sectors. I also look at the best and worst performing stocks in those sectors and never did that before. What a debt I owe to Master Mav.) IYR closed today at 70.48 and if it gets a 2 tomorrow it will confirm all three of my number lines. It also confirmed all numbers on 4/22 and continued well for the rest of the month. It appears due for a rest but you know what they say about "Obvious". My monthly A Up is 71.19 and my Qtr A Up is 70.14
Does anyone have a word document with some of the important highlights from this thread and/or important topics from the book they would like to share? I left my book at my house and need to do some reviews before Friday. It would be MUCH appreciated!
thanks ammo, i'll definitely re-watch these. but was hoping I could get something I could read while I'm at work during the day as well.