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Popee83 System

  • #541
  • Jun 25, 2009 1:16pm Jun 25, 2009 1:16pm
I wasn't posting because I cannot understand Katy.

Somehow it is not giving me the pips when all the signal is there.

Here is one that really baffle me and all I know is that the price whipsaw both ways so whatever Katy throw at the charts doesn't help at all.

I will continue to watch from the sideline in this house until I understand Katy better.
Attached Image
  • #542
  • Jun 25, 2009 1:21pm Jun 25, 2009 1:21pm
How to you use m-channel in Katy? I couldn't find the explanation Popee83 posted in the THV thread.

I can see the pattern but don't remember how to trade it.
  • #543
  • Jun 25, 2009 1:22pm Jun 25, 2009 1:22pm
Yes I know how to extract the ranges for the day but how do I actually trade it?

How do I know that price will move from one range to the other or it yo-yo between two ranges?
  • #544
  • Jun 25, 2009 2:58pm Jun 25, 2009 2:58pm
Quoting DOVOFreak
I wasn't posting because I cannot understand Katy.

Somehow it is not giving me the pips when all the signal is there.

Here is one that really baffle me and all I know is that the price whipsaw both ways so whatever Katy throw at the charts doesn't help at all.

I will continue to watch from the sideline in this house until I understand Katy better.
During choppy mkts ... try using this Trix template ... and trade the COG signals ...


Use the trix on daily and H4 charst to determine probable trend for the days trading ... then scalp the m5 chart using trix but along the COG direction...

Attached Image (click to enlarge)
Click to Enlarge Name: thv-cog.gif Size: 54 KB
Attached File(s)
File Type: tpl thv v3-daily.tpl   72 KB | 269 downloads
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #545
  • Jun 25, 2009 3:20pm Jun 25, 2009 3:20pm
Russell Reconstitution
Annual rebalancing of Russell Indexes
http://www.russell.com/images/blackline.gif

In order to maintain indexes that are truly representative of global equity markets, Russell annually rebalances the entire family of indexes in June.

link:

http://www.russell.com/indexes/membe...econstitution/
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #546
  • Jun 25, 2009 4:17pm Jun 25, 2009 4:17pm
It's Time For The Russell Reconstitution..........

Big volume coming: it's time for the Russell reconstitution, and this one will be large. Every year at the end of June, the Russell reconstitute their series of indices.

On the surface, it's pretty simple: on June 26, the Russell organization will rank the top 4,000 stocks in the U.S. by market capitalization. They will then slice and dice them by size as well as investment style.
A preliminary list was released by the Russell Investment Group over the weekend; an update will be issued this Friday, and the final list will come out after the close on June 26th.


This is no small matter: there is about $4.4 trillion tracking the roughly 25 Russell indices. Professionals who are actively or passively indexed to the Russell indices will need to buy or sell stocks in proportion to their new weighting.

In the last year, price swings have been so great that there is likely to be very heavy volume, particularly among small caps.


The most important of the different Russell indices is the Russell 1000 (the largest 1,000 stocks by market capitalization) and the Russell 2000 (the next largest 2,000, usually considered a small cap index).


Several important points:
1) market capitalization is down DRAMATICALLY compared to a year ago. According to JP Morgan, the cutoff for inclusion into the Russell 1000 this year will be about $1.2 billion, last year it was $2.01 billion! The cutoff for inclusion into the Russell 2000 will be about $70 million; last year it was $167 million!
2) while a small number of stocks (45) will be going into the Russell 1000 from the Russell 2000, and vice-versa (43 coming out), some of the biggest volumes will occur between small stocks that are going into the Russell 2000 for the first time (274). ............






link:

http://www.cnbc.com/id/31374400
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #547
  • Jul 7, 2009 1:16am Jul 7, 2009 1:16am
Not sure where the house is but I am still trading with Katy just as not often as I wanted to due to other commitment.

Today caught the Sidus signal, scalp it and exited at ATR. Quite a nice trade.


Also observed for the first time when the two outer arms of COG closing to each other signalling the change of direction as mentioned by Pop previously.

Still learning how to use Zig and Zag for reentry.

Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: popm5gu.gif Size: 33 KB
  • #548
  • Jul 7, 2009 1:39pm Jul 7, 2009 1:39pm
Quoting DOVOFreak
Not sure where the house is but I am still trading with Katy just as not often as I wanted to due to other commitment.

Today caught the Sidus signal, scalp it and exited at ATR. Quite a nice trade.


Also observed for the first time when the two outer arms of COG closing to each other signalling the change of direction as mentioned by Pop previously.

Still learning how to use Zig and Zag for reentry.

Cheers
Hi DOVO,

Sure man. Commitments everywhere. I'm doing range trading now .. based on S & R from larger time frames since am hardly at the front the screen. Basically, I just find the trend, S or R target and use m-fibo for the fibo projection ranges i.e COP, OP and XOP. Using smaller lots though ....

Here some of my charts:

EU m5:

Attached Image (click to enlarge)
Click to Enlarge Name: fibo_s.gif Size: 46 KB


EU h1:

Attached Image (click to enlarge)
Click to Enlarge Name: fibo_s_h1.gif Size: 49 KB



So, all the best folks. Currently swamped with work, but I guess, I'll post my range bias just for the kicks once in a while whenever possible. Hope many folks have benefited from Katy so far ..
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #549
  • Jul 7, 2009 11:54pm Jul 7, 2009 11:54pm
I see the following ranges today:

EU:
Pivot = 1.3944 below x_fibo 38.2 so the bias is south continue from yesterday down move.
North:
.382=1.4006 cluster with x_fibo 76.4
.618=1.4044 cluster with yesterday high
1.0=1.4106 cluster with +38.2
South:
.382=1.3882 just 5 pips below yesterday low
.618=1.3844 cluster with -23.6
1.0=1.3782 cluster with -61.8.

The PA is now whipsaw between MS1 and S1 waiting for a breakout. Also COG for m5 and m15 is not in tandem so I am using m-candles to tell me the direction for now especially retracement from yesterday down move.
  • #550
  • Jul 8, 2009 7:41am Jul 8, 2009 7:41am
Quote
EXTRAS: For daredevils ... you can ride the sidus signals ...in the trend direction of COG .. temporarily exiting on appearance of SHI or ZigZag ... that is against trend, and re-entering upon appearance of the next SHI or ZigZag in tandem with the trade ... Carefully respect x_fibo nodes while at it ...


Pop,

Just wanted to clarify on the above statement?

Is "in the trend direction of the COG" refer to the direction where COG is pointing to while "against trend" refer to the trend direction of the GMACD?

Observing the Katy on EU it seems to give me this interpretation.

Thanx.
  • #551
  • Jul 8, 2009 8:04am Jul 8, 2009 8:04am
When the extreme arms of COG intercept with the m-fibo level, is it a temporary support/resistance? At least I noticed that price will bounce away back to the middle arm.

Once the extreme arms moved past the m-fibo level? is that support/resistance level still apply?
  • #552
  • Jul 8, 2009 10:33am Jul 8, 2009 10:33am
Quoting DOVOFreak
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Pop,

Just wanted to clarify on the above statement?

Is "in the trend direction of the COG" refer to the direction where COG is pointing to while "against trend" refer to the trend direction of the GMACD?

Observing the Katy on EU it seems to give me this interpretation.

Thanx.
Sure. The main trend of GMACD.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #553
  • Jul 8, 2009 10:49am Jul 8, 2009 10:49am
Quoting DOVOFreak
When the extreme arms of COG intercept with the m-fibo level, is it a temporary support/resistance? At least I noticed that price will bounce away back to the middle arm.

Once the extreme arms moved past the m-fibo level? is that support/resistance level still apply?
Hey DOVO ... use KG resistance and Support to confirm the validity of the S & R zones whenever COG and m-fibo intercept. If here is a h1, h4 or d1 S or R line ... then the chances of a reversal are increased.

Currently am setting my eyes on the dips in cable and EU. Cable looking at 1.5915 and EU 1.3728. If all is well, I re-enter. Should EU go further down, I exit my range dips at 1.3423.

cable: h4

Attached Image (click to enlarge)
Click to Enlarge Name: fibo-s-cable.gif Size: 27 KB


EU: h4

Attached Image (click to enlarge)
Click to Enlarge Name: fibo-s-eu.gif Size: 29 KB



Keeping eyes open :nerd:. Not scalping now though.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #554
  • Jul 8, 2009 11:24am Jul 8, 2009 11:24am
On the answer to the trend direction and the S&R. I will add the KG Resistance and Support indi into the template.

I will have more screen times to understand Katy better on these two aspect.

I noticed your latest screenshot has done away with DigiSTOCH. Have you found something better?

Cheers
  • #555
  • Jul 8, 2009 3:10pm Jul 8, 2009 3:10pm
Quoting DOVOFreak
On the answer to the trend direction and the S&R. I will add the KG Resistance and Support indi into the template.

I will have more screen times to understand Katy better on these two aspect.

I noticed your latest screenshot has done away with DigiSTOCH. Have you found something better?

Cheers
Not really. Just that since am now range trading ... I prefer to use S and R in determining my targets ... h4 Tf. GMACD directs the major/main trends and S & R provide TP/SL objectives...

Using FIBO_S indi. also ... good dynamic fib for both smaller and larger Tfs...
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #556
  • Edited Jul 10, 2009 2:03am Jul 9, 2009 9:58pm | Edited Jul 10, 2009 2:03am
Hey Pop,

Looking at the Fibo_S indi now. It current session TargetUp and TargetDown doesn't coincide with the m-fibo projection. Which do you put more priority in your trading?

I also noticed in m5, the TargetUp and TargetDown line moves with the price. Not sure if this is something to take note of for scalping.

Also, what does the "Coral Signal buy/sell" alert do? Do you take that as a signal to trade?
  • #557
  • Jul 10, 2009 1:10pm Jul 10, 2009 1:10pm
Quoting DOVOFreak
Hey Pop,

Looking at the Fibo_S indi now. It current session TargetUp and TargetDown doesn't coincide with the m-fibo projection. Which do you put more priority in your trading?

I also noticed in m5, the TargetUp and TargetDown line moves with the price. Not sure if this is something to take note of for scalping.

Also, what does the "Coral Signal buy/sell" alert do? Do you take that as a signal to trade?
Hey DOVO,

Fibo-S isn't good with small Tfs. I use it on m30, h1 and h4. This fib tool is basically a direction indicator for the larger Tfs and works with S&R levels not its T-Up and T-Down that are dynamic. The histogram is best indicator .. In range trading .. I look at the histogram on m30, if south ... I then look at the H4 Resistance arm of KG support and Resistance .... Confirm the trend with H1 and H4 Tf for a possible target i.e historical H4 Surport and better still what we call S90/cross-overs which are always excellent targets for exits...

That is basically it .... Not a nice scalping indi ... needs lots of experience and fibo knowledge to scalp using Fibo-S.
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #558
  • Jul 13, 2009 10:17am Jul 13, 2009 10:17am
Thanx Pop,

I'll stick to the original template then.

Another thing still baffled me is the entry.

In the attached chart on GU 5m TF, there is a green hollow arrow (I change it to green for easier to spot) and the sidus cross over signal also out.

Then I look at the GU 5m TF, there is two yellow hollow arrow and yet the price continue to move north.

How would you make an entry in this kind of situation?

Look like the 5m TF has stronger influence in this case?
Attached Images
  • #559
  • Jul 14, 2009 7:07am Jul 14, 2009 7:07am
Quoting DOVOFreak
Thanx Pop,

I'll stick to the original template then.

Another thing still baffled me is the entry.

In the attached chart on GU 5m TF, there is a green hollow arrow (I change it to green for easier to spot) and the sidus cross over signal also out.

Then I look at the GU 5m TF, there is two yellow hollow arrow and yet the price continue to move north.

How would you make an entry in this kind of situation?

Look like the 5m TF has stronger influence in this case?

No. I would have to check whether a h1 or h4 support is in place, then flip north with the trend. Just as you know, mkts move between S & R.


Here is a nice read man .... It is worth its salt .. trust me
Attached File(s)
File Type: pdf RemiStockOperator.pdf   495 KB | 275 downloads
"I am convinced that He (God) does not play dice." - Albert Einstein
  • #560
  • Jul 14, 2009 11:59am Jul 14, 2009 11:59am
On that Reminiscences of A Stock Operator ebook.

I have read many times other also recommending this book and I just finished the 1st chapter. I'll spend some time reading this over the week.

EU is ranging in a wedge now so I am staying aside until it breakout.
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