Why do people use Volume, Range and Tic charts?

Discussion in 'Trading' started by fearless9, Nov 13, 2006.

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  1. this is simply another way to look at the same thing. there is nothing new here. remember, the professor has a near perfect track record and in this very thread stated he trades 66 markets and when challenged changed the wording to monitors 66 markets.

    go ahead professor with the personal attacks whenever your "system" is challenged--- continue to violate the terms of this site--- i am proud of the projects i have been involved in, what i have accomplished, and my friendships.

    getting back to fishing. see you later.

    regards,

    surf
     
    #121     Nov 20, 2006
  2. trendo

    trendo

    Is ProfLogic a vendor?
     
    #122     Nov 20, 2006
  3. yes He sells seminars. He hates Surfer since Surfer exposes the method for what it is. I am surprized he has not been bannd.

    Bunny
     
    #123     Nov 20, 2006
  4. I trade all 66 but not at the same time. Some markets might only see a single trade in a year. No need to trade them all the time when you can read the trend of each so clearly.

    Personal attacks? You start the attacks as always. Go back to your fishing and leave this thread to those that wish to contribute something positive. Your imbecilic childish rants are beyond stale.
     
    #124     Nov 20, 2006
  5. I teach at a local college and offer nothing here but ideas. I willingly share my ideas with all. There is no link in my bio to the college or any of my classes. You can search every one of my posts and never find a single solicitation.

    IMHO, marketsurfer is one insecure individual. Marketsurfer or his female alter ego bunnypink like to start arguments and trouble where ever "he" hangs out. In my opinion, the only thing outed is his propensity to come out of the closet as the pink bunny when the heat gets turned up on his constant embellishments on his so called accomplishments.

    Every time I post a copy of his made up resume the thread gets closed or the post gets deleted. Can't imagine why, all the information I post is searchable on the net. Think about it.

    So back to the intelligent content of the thread.
     
    #125     Nov 20, 2006
  6. I love speaking to bipolar people.

    bunnymarketpinksurfer I teach at a college. You know those are institutions of higher learning. You know those building you stay away from like vampires to garlic. I don't hate you I have great pity for you. And all you expose in your rants is your ignorance and sociopathic tendencies. Regarding my "method", you have no clue what I do or understand even a single percentage of the concepts. Lastly, most of here on ET are surprised your family, if any are still living, haven't committed you by now.
     
    #126     Nov 20, 2006
  7. RedDuke

    RedDuke

    ProfLogic,

    Please disregard this trolling. This is a great thread and your contributions are valued very much. Any chance you would consider discussing volume based squre trading in paltalk or similar?

    Thanks,
    redduke
     
    #127     Nov 20, 2006
  8. Thanks ProfLogic for the charts.
     
    #128     Nov 20, 2006
  9. ramora

    ramora

    ProfLogic, another thank you for the charts and a very full description of your approach.

    One question. There is what appears to be a divergence with the recent market highs last week. At what point would you call a market top on your charts? How early can you call a top or a bottom formation?

    Thanks again, I am sure that a journal thread, similar to the one you started a long time ago, would be well attended at ET....

    Good trading...
     
    #129     Nov 20, 2006
  10. Thanks for the support guys. I'll try to stay on focus.

    When we are currently at a Prime Resistance top as denoted by the indicator. This is established by reading sequential extreme oscillations. Next you see the divergence being created at Prime Resistance. I treat divergence as a warning signal because it is an inconsistent indicator. It is telling me to be careful that we are "in an area where a top COULD occur" but not necessarily WILL occur. The first confirmation I have when a top is setting in is the creation of a resistance oscillation in the price section (green lines) that fails to violate the last resistance top. The green lines are Prime Price oscillation from the next fastest square nested chart. But remember whatever top IS created first in the Price section is, in the beginning, a short term top. If price, verified by the extreme oscillations (Prime) of the indicator first falls to violate the last extreme (Prime) support, oscillates back up to fail the last extreme (Prime) resistance, and then finally falls back to violate the previous extreme (Prime) support again . . . then we have a long term top and we can then expect a longer term pull back.

    Simply look at the charts I posted and look first to the indicator to see the Extreme (Prime) oscillations. Those are what is used to create trends. Once a trend is validated one only needs to trade the price oscillation waves in-between the Prime tops and bottoms. In an established Bull Trend the up moves will be stronger and more profitable. In an established Bear Trend the down moves will be stronger and more profitable. Trading the counter trend can be profitable too but there will be less moves inside those pull backs because less strength exists there.

    This works because a Trend is strictly defined. It is in no way subjective in its existence. If you want uber-safe trades, only trade in the direction of the established and personally confirmed strictly defined trend. When you do that you can trade a lot of different markets as well. How, because you are only trading markets that are failing Prime Support (creating price oscillations that are failing support) in a Bull Trend or Failing Prime Resistance (creating price oscillations that are failing resistance) in a Bear Trend.

    Back to shopping tomorrow guys. Night.
     
    #130     Nov 20, 2006
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