Where do the price action trends change on this chart?

Lucrum · May 11, 2013

Quote from relocate:

Jack,what TF do you monitor most during the session,percentage wise?
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His losses?

FreakofNature · May 11, 2013

Relocate the new resident clown, probably a spawn of who knows how many previous short lived usernames.

relocate · May 11, 2013

Quote from FreakofNature:

Relocate the new resident clown, probably a spawn of who knows how many previous short lived usernames.
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another fag went on ignore.makes three of them

MarketMasher · May 11, 2013

I dunno....

Where does price action change on this chart? :eek:

http://tinypic.com/view.php?pic=2z3s56g&s=5

MadeMan · May 12, 2013

Quote from MarketMasher:

I dunno....

Where does price action change on this chart? :eek:

http://tinypic.com/view.php?pic=2z3s56g&s=5
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its an ongoing story wich unfolds tick by tick...

MarketMasher · May 12, 2013

Quote from MadeMan:

its an ongoing story wich unfolds tick by tick...

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Thanks!

That helps!

Lucrum · May 12, 2013

Quote from jack hershey:

For me its neglible. As I posted, you can see my prints are stating that about 10% of gross goes to covering costs.

On the other hand, there is the considertion of getting from gross to net. Here my biggest cost is keeping on the correct side of the market. I certainly give up a lot of potential profits in this arena. That is to say, I make money less effectively and efficiently that is possible when really carving turns. I do not think of it as good enough type trading but instead I think of it as staying relaxed and not being concerned with what was left on the table.

For statistical reasons, I use all the daily 5-minute bars.

Until a person has worked through all the possibilites, it is still possible that he may find noise, flaws and/or anomalies. after this phase of analysis is complete, then not many bars are required to maintain continuity.

to better define the elmnts of a finite system, I found keeping a set of examples handy in a condensded collection was helpful. I keep on hand a minimum of six examples of each element.

I also do daily frequency analysis on the occurance of the elements.

It is very very amazing to know and work in a context where very few of the total possible elements are ever in play. sometimes I take snapshots of my annotations without the variables being present (when my computuer is reloading before open in the morning.

Thus, I decised to use a bar duration that aqfforded me much more time than needed to do monitoring and analysis. as you can see on my daily P&L log I have clumns for the EE and surrounding columns for putting in check marks (LI and fixed).

LI is lock In and fixed means I have perfected the annotating to keep my observation time in the 10 to 100millisecond range.
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Personally I like to print my charts and then observe the individual bars under an electron microscope. If you zoom in far enough you can see the individual trades and even the expressions on the faces of the traders who made them.

Very telling indeed.