Trend Following dying?

Discussion in 'Trading' started by JezLiberty, Feb 17, 2010.

  1. I sit here with great desire to create a masterpiece. My world is empty without a way to express myself. The tools of my thoughts are sitting lifelessly awaiting this vision within. It may be time to sweep the voices of the market with colors to reveal the inner emotions of those who have left their footprints . . . through chartistry a world emerges
     
    #441     Feb 27, 2010
  2. It is done. So beautiful the secrets of the market. Whispers so faint for those whose sounds are song for few.

    I call this . . .


    Layers
     
    #442     Feb 28, 2010
  3. tackrl

    tackrl

    thanks jack,

    i figured it was an intrabar move or going to a
    faster time frame, but its good to get it from the source.

    as you point out, many times it takes more bars than
    the minimum, so i know what to expect for the typical trend.
    will continue with the work of mada and
    debrief.

     
    #443     Feb 28, 2010
  4. tackrl

    tackrl

    thanks for posting.
    looks like plenty of bars at the atomic level.

     
    #444     Feb 28, 2010
  5. nkhoi

    nkhoi

    this stretch needs more works but the rest is not bad.
    [​IMG]
     
    #445     Feb 28, 2010
  6. 'Kit, you seem to be where I am. You want to share, but you don't dare. But your posts have influenced me. I put up a five minute window. I do that about twice a year. Then take it off in disgust.
     
    #446     Feb 28, 2010

  7. If I may suggest also, please . . . to keep the chart displayed longer than 5 minutes I found it helped me tremendously. :D
     
    #447     Feb 28, 2010
  8. Lame excuses? What's your excuse for showcasing Jack's stock picks by ignoring his buy and sell dates and cherry picking dates in hindsight?

    You started a new nic and your very first post was on Feb 26 when you posted an attachment which you said is "the stock list Jack sends out each week." Your second post was a "Clearstation portfolio" of those stocks, presumably to show how they have done.

    So I decided to reconcile the two. The first stock on Jack's list was RNOW which according to your first attachment he bought on Feb 8 and sold on 9 Feb (probably at a loss) -- just before RNOW's big move up.

    Yet your second attachment showed RNOW at 16.60, gaining 10.96%

    There are two problems with that. First, the stock's high on the day that Jack sold it was 15.25. Second, RNOW has fallen the last 4 days and hasn't seen 16.60 since Feb 23.

    If you want to showcase Jack's stock picks you can't ignore his buy and sell dates and cherry pick dates in hindsight to make them look good. But keep digging deeper :p


    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2747381>
     
    #448     Feb 28, 2010
  9. My "Jack Hershey Trading Acumen" thread was deleted this morning as someone thought it was too rude. Hopefully, this time around, my SCT/PVT usefulness poll is a bit more objective and less condescending.

    Sorry if I offended anyone. Jack, I also apologize to you, if I offended you.

    You can vote on the new poll here:

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=192492

    Jason
     
    #449     Feb 28, 2010
  10. Just a heads up....Investor RT and Market Delta have volume not tied to a horizontal axis. It is called the volume breakdown indicator. The IOAMT room teaches footprint style and the FulcrumTrader room teaches how to read the volume delta/breakdown.
     
    #450     Feb 28, 2010