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Volman meets Burke or My journey with PA

  • #2,641
  • May 6, 2023 3:06pm May 6, 2023 3:06pm
When you change the way you look at something, what you look at changes.

-Sundance
Mark ... Everything you have been told is a LIE
  • #2,642
  • May 6, 2023 3:15pm May 6, 2023 3:15pm
James Woods on Twitter: "While you work two jobs and can’t put food on the table… https://t.co/5CwqUMYaeY" / Twitter
Mark ... Everything you have been told is a LIE
  • #2,643
  • May 6, 2023 7:52pm May 6, 2023 7:52pm
Quoting Kwt4x
{quote} there is no starting point in TIME, periods overlap each other in cycles, the smaller periods gets the shorter they become and more volatile. smaller periods act as a leading direction, bigger periods act as S/R and general direction. UJ 50% of: week, month, 3M, 6M, 1Y, 2Y {image} cheers,
You misunderstand, sir.

I needed a starting point so I could have a link to the beginning of this series of posts.
Mark ... Everything you have been told is a LIE
  • #2,644
  • May 6, 2023 7:57pm May 6, 2023 7:57pm
Quoting Kwt4x
{quote} there is no starting point in TIME, periods overlap each other in cycles, the smaller periods gets the shorter they become and more volatile. smaller periods act as a leading direction, bigger periods act as S/R and general direction. UJ 50% of: week, month, 3M, 6M, 1Y, 2Y {image} cheers,
That is why I use what I call "dynamic" mid-points. Ones that flow with price. It is working fairly well.

I use a base of 30. Mainly because it created what I was looking for. Since I see the market in a more geometric way as opposed to mathematical, a progression off the base of 30 x the multiple for each higher time frame I use. This gives me a decent framework that I think is working well.
Mark ... Everything you have been told is a LIE
  • #2,645
  • May 6, 2023 8:22pm May 6, 2023 8:22pm
Quoting spzd
{quote} That is why I use what I call "dynamic" mid-points. Ones that flow with price. It is working fairly well. I use a base of 30. Mainly because it created what I was looking for. Since I see the market in a more geometric way as opposed to mathematical, a progression off the base of 30 x the multiple for each higher time frame I use. This gives me a decent framework that I think is working well.
Can you put up a chart explaining this ?
  • #2,646
  • May 6, 2023 8:26pm May 6, 2023 8:26pm
Quoting Lou
{quote} Can you put up a chart explaining this ?
Working on it. I have mentioned this a number of times. Have not fully discussed it.
Mark ... Everything you have been told is a LIE
  • #2,647
  • May 6, 2023 8:32pm May 6, 2023 8:32pm
Quoting spzd
{quote} Working on it. I have mentioned this a number of times. Have not fully discussed it.
Sorry... hope to recall when I see it again.
  • #2,648
  • May 6, 2023 8:38pm May 6, 2023 8:38pm
Quoting Lou
{quote} Sorry... hope to recall when I see it again.
It is all good. The intent is to do some posts on this subject. Just need to organize the order.
Mark ... Everything you have been told is a LIE
  • #2,649
  • May 6, 2023 8:50pm May 6, 2023 8:50pm
Quoting spzd
{quote} Working on it. I have mentioned this a number of times. Have not fully discussed it.
Sounds something interesting.
Success = Practice + Patience + Persistence
  • #2,650
  • May 8, 2023 6:57am May 8, 2023 6:57am
Delicate Arch
Arches National Park Utah, USA


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Mark ... Everything you have been told is a LIE
  • #2,651
  • May 8, 2023 2:13pm May 8, 2023 2:13pm
My choice for input value for indicators is completely arbitrary. There was no mathematical calculations to get to THE number. It was all "the look". For the Hulls I wanted a smoother "wave" look. It took a few iterations until I settled on the number "30". This became the base parameter. That is, I use the same number for any time frame. M1 Hull = 30 periods. M5 Hull = 30 periods. And so on.

I then use the time period as the multiplication factor to get that longer time frame Hull on the same chart. If it is M5 and I want an M15 it would be 5 x 3 = 15. Real basic. So, using a base of 30 for the M5 results in 90 for the M15, 30 x 3 = 90. And so forth.

I then incorporated the Kijun as a "dynamic" mid-point. Dynamic meaning moving. Sounds better. I settled on using the same periods as the Hulls for simplicity and those periods work just fine for my purposes.

The time durations are only for better understanding of the period encompassed by the Kijuns. These times are nothing more than the result of the parameters I have arbitrarily chosen. All I know is they work.

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Mark ... Everything you have been told is a LIE
  • #2,652
  • May 8, 2023 2:43pm May 8, 2023 2:43pm
Putting the dynamic mid-points on the charts has brought about somewhat of a paradigm shift for me, at the same time reinforcing many of my theories.

Anyone familiar with Kijuns knows they are nothing more than the midpoint over a specific period and that they will move as new highs/lows are added or when older highs/lows are dropped. Like the Hulls, the Kijuns have a buy side and a sell side. They are also an equilibrium point. Over time I incorporated trading to/from various mid-points. And all was settling into an acceptable scalping routine when I decided it was time to look at the bigger picture.

That is where the shift occurred. What I have is both a scalping system and a swing trading system all in one. And it is pretty close to catching most significant moves.

Going to go pat myself on the back ...
Mark ... Everything you have been told is a LIE
  • #2,653
  • May 8, 2023 5:27pm May 8, 2023 5:27pm
I am still not (and may never be) a swing trader. But the H1 and M15 Kijun used together can get you into some nice moves. Not all the time. If you are looking for something like that I gave you an example method, go get it.

I am looking more for moves I can exploit for a set amount in a specific time period. Here is a possible candidate. Great timing.


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Mark ... Everything you have been told is a LIE
  • #2,654
  • May 8, 2023 5:49pm May 8, 2023 5:49pm
We shall see ...

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Mark ... Everything you have been told is a LIE
  • #2,655
  • May 8, 2023 6:25pm May 8, 2023 6:25pm
Nope out.
Mark ... Everything you have been told is a LIE
  • #2,656
  • May 8, 2023 7:02pm May 8, 2023 7:02pm
So I flipped and went long UJ


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Mark ... Everything you have been told is a LIE
  • #2,657
  • May 8, 2023 7:16pm May 8, 2023 7:16pm
Results

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Mark ... Everything you have been told is a LIE
  • #2,658
  • May 9, 2023 6:48am May 9, 2023 6:48am
Poenari Castle Romania

Home of Vlad III the Impaler


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Mark ... Everything you have been told is a LIE
  • #2,659
  • May 9, 2023 8:17am May 9, 2023 8:17am
Pro dollar day.
Mark ... Everything you have been told is a LIE
  • #2,660
  • May 9, 2023 8:56am May 9, 2023 8:56am
Quoting spzd
Pro dollar day.
Or not. Pre-NY yes. Post open not so much.
Mark ... Everything you have been told is a LIE
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