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Volman meets Burke or My journey with PA

  • #1,641
  • Feb 9, 2023 9:34pm Feb 9, 2023 9:34pm
Quoting spzd
{quote} A Very Good Day Pt-5 The News or Red Data Days Most red data releases are benign. Some are volatile. Sometimes one that hadn't amounted to much before suddenly goes BOOM. The moral of the red data story is: Be FLAT. It. Is. As. Simple. As. That. My broker has id'd these four as special. The margin is increased to 25% of the hold margin starting the night before. CPI PPI NFP FOMC This past week was the FOMC and the NFP. Red data has become more of a nuisance anymore. Due to it's potential unpredictability it is best to stay out. Most times...
A Very Good Day Pt-6

This market shuts down for an hour each day between 1700 & 1800 NY time. Equities close at 1600, then there is an hour of something, stuff I am sure I do not want to be a part of. Those times are convenient for me as I am an hour behind NY. That allows me to catch at least the first part of the Asia session if I so choose. I decided to give it one more hour of paper trading. It worked about how I expected. Through the months I have found that to trade during this session is only realistically done with the MNQ (Nasdaq100). It has the magnitude of price movement over the MES (SP500) during this period.

Some useful info on these two indices. The Nasdaq100 has 101 companies listed and the SP500 has 503. This is according to

https://www.slickcharts.com/sp500

That was trivia. Both of these indexes are weighted. The weighting is what causes the magnitude difference. The interesting part is the two top companies, Apple (AAPL) and Microsoft (MSFT). These two behemoths combined are primary movers of both these indexes. No, you cannot arbitrage this as the movements are instantaneous between the stocks and the indices (been there, blah, blah). Unless one or more of the stocks below these two has significant moves against the two mentioned it is AAPL and MSFT that move both the MES and MNQ and also their big brothers the ES and the NQ.

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Mark ... Everything you have been told is a LIE
  • #1,642
  • Feb 9, 2023 9:42pm Feb 9, 2023 9:42pm
Quoting spzd
{quote} A Very Good Day Pt-6 This market shuts down for an hour each day between 1700 & 1800 NY time. Equities close at 1600, then there is an hour of something, stuff I am sure I do not want to be a part of. Those times are convenient for me as I am an hour behind NY. That allows me to catch at least the first part of the Asia session if I so choose. I decided to give it one more hour of paper trading. It worked about how I expected. Through the months I have found that to trade during this session is only realistically done with the MNQ (Nasdaq100)....
A Very Good Day Pt-7

Nearly identical

MES M15

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MNQ M15

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Mark ... Everything you have been told is a LIE
  • #1,643
  • Feb 9, 2023 10:46pm Feb 9, 2023 10:46pm
Quoting spzd
{quote} A Very Good Day Pt-7 Nearly identical MES M15 {image} MNQ M15 {image}
A Very Good Day Pt-8

Quick review.

I prefer when the Hull forms into the cycle style or wave style. Much easier to see. Price is on the sell side. It then crosses the MA and a Floor is soon formed or has already formed. Price moves up however far it will. No more. No less. It then crosses somewhere near the Apex into the sell side and goes down.

There is often a more sideways move to the Hulls. This results from flatter price movement. These sometimes have your price oscillating from one side to the other. A variant of this is the grind move. These seem to pop up too often and are what led me to create the quick scalp.

The Apex and Floor. These are two important points of interest. They were mentioned in the video. Forget what Hull called them. They play a big role in the quick scalp. The Apex is the change from Buy to Sell. The Floor is the change from Sell to Buy.

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Mark ... Everything you have been told is a LIE
  • #1,644
  • Feb 9, 2023 10:52pm Feb 9, 2023 10:52pm
For any voyeurs, this works on forex. Probably works on that crypto crap. Works on oil. Works on metals. All may need a minor tweak. It is simple. With some work one could create a longer term method from this template. Don't look here for that for a good while. I have other fish to fry.
Mark ... Everything you have been told is a LIE
  • #1,645
  • Feb 9, 2023 11:48pm Feb 9, 2023 11:48pm
Because it's late and I'm tired and I am deeply enjoying the meditative music in the background and since I have tried it before with some success in other applications and because there are a lot of traders with many ideas on this thread and because many are showing and mentioning many different methods and tools both new and old and because there is a lot of trading talk about price manipulation by market makers..... has anyone tried using Remote Viewing as in projecting oneself mentally using the mind's eye into the trading room of the market makers and watching over their shoulders as they view their charts on their computers and listening to their chatter about price and seeing and hearing what they are 'going to do' ..... so we can be with them or even ahead of them when they move the market ? ; )
  • #1,646
  • Feb 10, 2023 7:17am Feb 10, 2023 7:17am
Quoting Lou
Because it's late and I'm tired and I am deeply enjoying the meditative music in the background and since I have tried it before with some success in other applications and because there are a lot of traders with many ideas on this thread and because many are showing and mentioning many different methods and tools both new and old and because there is a lot of trading talk about price manipulation by market makers..... has anyone tried using Remote Viewing as in projecting oneself mentally using the mind's eye into the trading room of the market...
I never tried that myself. Have read where people can do it. Have not heard of that since Art Bell show way back when. Perhaps remote view the #Algo code ...
Mark ... Everything you have been told is a LIE
  • #1,647
  • Feb 10, 2023 2:59pm Feb 10, 2023 2:59pm
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Mark ... Everything you have been told is a LIE
  • #1,648
  • Feb 12, 2023 11:35am Feb 12, 2023 11:35am
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Mark ... Everything you have been told is a LIE
  • #1,649
  • Feb 12, 2023 5:03pm Feb 12, 2023 5:03pm
Quoting spzd
{image}
all the best at kickoff
  • #1,650
  • Feb 12, 2023 6:24pm Feb 12, 2023 6:24pm
Quoting TimeTells
{quote} all the best at kickoff
Hometown team.
Mark ... Everything you have been told is a LIE
  • #1,651
  • Feb 12, 2023 6:55pm Feb 12, 2023 6:55pm
Quoting spzd
{quote} Hometown team.

Got it
  • #1,652
  • Feb 12, 2023 7:27pm Feb 12, 2023 7:27pm
Half-time. Down by 10.
Mark ... Everything you have been told is a LIE
  • #1,653
  • Feb 12, 2023 9:20pm Feb 12, 2023 9:20pm
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2nd Championship in 4 years
Mark ... Everything you have been told is a LIE
  • #1,654
  • Feb 12, 2023 9:29pm Feb 12, 2023 9:29pm
Quoting spzd
{image}
2nd Championship in 4 years

I don’t watch too many Mark, but that was so much fun

Down at half-time, too amazing
Great game

8 seconds to go
WOW

every 4yrs, you’ll be getting spoiled now lol.

ENJOY PAL !
  • #1,655
  • Feb 13, 2023 7:45am Feb 13, 2023 7:45am
Quoting TimeTells
{quote} I don’t watch too many Mark, but that was so much fun Down at half-time, too amazing Great game 8 seconds to go WOW every 4yrs, you’ll be getting spoiled now lol. ENJOY PAL !
American football is a somewhat unique sport in that the offense centers entirely around one person. In fact, the entire success and failure of a team is dependent on the performance of that one person. Of course, you need to put talented people in the other positions. It still boils down to that one individual, his talents and perhaps most important his leadership. Here is a 6+ minute video of Patrick Mahomes, that one individual who is the focal point of the Kansas City Chiefs, showing his leadership by congratulating everyone of his team members.

Inserted Video
Mark ... Everything you have been told is a LIE
  • #1,656
  • Feb 13, 2023 7:46am Feb 13, 2023 7:46am
Now that is all over I can go back to important things.
Mark ... Everything you have been told is a LIE
  • #1,657
  • Edited 4:50pm Feb 13, 2023 3:00pm | Edited 4:50pm
Quoting spzd
{quote}
American football is a somewhat unique sport in that the offense centers entirely around one person. In fact, the entire success and failure of a team is dependent on the performance of that one person. Of course, you need to put talented people in the other positions. It still boils down to that one individual, his talents and perhaps most important his leadership. Here is a 6+ minute video of Patrick Mahomes, that one individual who is the focal point of the Kansas City Chiefs, showing his leadership by congratulating everyone of his team...
Great win.
What I remember early in the game was precision pass to touchdown #15 to #87
These two seemed to blend very well together.
Plus #10 driving thru packs and weaving, gutsy.
And one other guy #6(x) I cant remember the last number, but making a long run down the right side of the field to the right of the screen.
I still love my Aussie Rules hahaa but Superbowl yeah. And a top late end of game result for you pal.

Exactly, now back to business.
  • #1,658
  • Feb 18, 2023 11:44am Feb 18, 2023 11:44am
Quoting spzd
{quote} A Very Good Day Pt-8 Quick review. I prefer when the Hull forms into the cycle style or wave style. Much easier to see. Price is on the sell side. It then crosses the MA and a Floor is soon formed or has already formed. Price moves up however far it will. No more. No less. It then crosses somewhere near the Apex into the sell side and goes down. There is often a more sideways move to the Hulls. This results from flatter price movement. These sometimes have your price oscillating from one side to the other. A variant of this is the grind...
A Very Good Day Pt-9

The Quick Scalp Pt-1

How I trade the micro mini es, MES, requires me to make my entries at certain specific moments (I was going to say time, but that could be misconstrued with a specific time of the day with all the talk of session times and this block of time and you get the point.). And, as usual (gets old, but I seem to have to endure through it) I burn through about 20% of the account figuring what is extremely obvious. Why? Because a) I'm hardheaded and 2) I seem to have to learn my discipline in trading through the pain method. Don't ask why because I have no clue. If I did, I would not need the process.

My "scalps" are entries at specific moments created by price and the Hulls that I think will go 5 pts in a few minutes (or less). In the evolution to this point, I have (hopefully) figured out the one-minute chart. After using a 2-minute for the time I did it became fairly easy to transition to the M1. The main points of entry are when (have discussed this many times) price crosses through the equilibrium point from Buy to Sell or Sell to Buy.

This cross occurs at an area where the M1-H and the M2-H are quite close. These moments often come at or near the current session highs or lows and/or at static price points and occasionally longer time period Hulls. Secondary entries are at the crossing of longer TF Hulls and price points as long as the momentum is still there. During this entire endeavor there is a bonus. That is I am learning some of the noticeable (at least from my perspective) price movement nuances of this instrument. This is valuable knowledge as price in most any instrument moves in a similar manner. Some more precise than others.

Friday with entries pointed out. The purplish color boxes are what I consider higher probability. The red boxes are valid entries that carry more risk from my observations.

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Mark ... Everything you have been told is a LIE
  • #1,659
  • Feb 19, 2023 12:28pm Feb 19, 2023 12:28pm
Quoting spzd
{quote} A Very Good Day Pt-9 The Quick Scalp Pt-1 How I trade the micro mini es, MES, requires me to make my entries at certain specific moments (I was going to say time, but that could be misconstrued with a specific time of the day with all the talk of session times and this block of time and you get the point.). And, as usual (gets old, but I seem to have to endure through it) I burn through about 20% of the account figuring what is extremely obvious. Why? Because a) I'm hardheaded and 2) I seem to have to learn my discipline in trading through...
A Very Good Day Pt-9

The Quick Scalp Pt-2

Going to attempt to take this through the thought (or attempted) process to what I try to do. For the most part everything I have now for entries at certain points and all the process to that entry are my basic thoughts (which are theories and laws and all that throughout this thread). My issues to this point come from me trying to get "cute" (as the wife calls my losing experiments and she is correct - need to keep to the basic hypothesis and subsequent affirmation) with my entries.
Doing the math, at 15 pts net per day would cover my living expenses with a little change (works out to a lower wage earner, what can I say my needs are modest). With every point worth $5 USD per contract I do not want very much to the negative side. With my current rule set I do think I have most of those problems worked out. In order to achieve what should be a relatively easier daily (always keeping in mind the market gives what it does and no more) target with as high a hit rate as I can possibly accomplish.

I am an hour behind New York, the times on the charts are NY time. One thing I have added to my pre-market routine is news that pertains to AAPL and MSFT. I believe these two move the MES and MNQ (ES & NQ). After feeding the cats and making the coffee and a bit of mediation then peruse the news it's time to see what awaits me for the day.

This chart is marked up how I view the start of any day. This is specific for Friday but is a general process to see what landmarks we may go visit. Here price is moving in an area between this month's open and last week's low. Those two price points are definite areas of interest. I also marked off a spot above where price was as a potential. What I look for is price to reach to or near these points and look for a turn in price.

This is about 15-minutes before open. I do not trade much inside the first hour box. I will make exceptions if the Hulls are looking to form a good apex or floor. I do not mark any of this on my charts as there is no need. My levels are there. The MAs give me my entries. I also do not stay glued to the screen, so I do miss some setups. Matters not.

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Mark ... Everything you have been told is a LIE
  • #1,660
  • Feb 26, 2023 3:08pm Feb 26, 2023 3:08pm
Was very busy with personal stuff.


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Mark ... Everything you have been told is a LIE
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