Hi Tonyj, I have a PM for you. Thks for your reply.
- #75
- Aug 11, 2009 7:23am Aug 11, 2009 7:23am
- Joined Mar 2008 | Status: Still testing and trading | 1,454 Posts
With your quantum ideas....don't know where in the hell you came up
with that one...but we could change ideas since I too am interested in
the 'time factor' related to the market. The 'tick' is the only truth, and
is the only factor alive. I don't know where Mikkom ranges in your own
argument, but I'll give you mine. Price is the function of time...P=f(t).
The 'tick' (pip) is the only truth...it's in all the time frames or periods.
strange feeling."quantifiable" [as I use it] means just that I want to quantify, ie. test my ideas on long term data before using them. (I have spent my tens of k's trading by gut and decided to go this route because I can do it - I have been in IT in various positions for over 10 years)
I personally think the threads from people who have been in this game so long as tony (50 years? Mentored by Drummond? wow) are the best any forum can have, they always contain much more information than most people will realize.
If I can help in any way, let me know.
OK, If what your'e saying is that the DOT has been below the close for 3 days, BUT, the Fractals are hitting support, we have a market that needs to retrace for the TIME of ???? This time part still leaves me scratching my head. Am I getting close?
Cheers,
LR
is the connection of the last two lower Fractals. Yesterday's 'low' bounced
off that line. The TIME (that's troubling you) is the P&L's definition of what defines a trend run...and it being characterized by prices not clos-
ing behind a previous Dot. According to the P&L dogma...the trend starts
after the 3rd day. The 'time' is the 3rd day. By the way....Fractals is not
the part of the P&L. P&L had its Dotted Line way before even Fractal
became known. P&L has also isolated highs and lows, and phantom highs
and lows. It was Bill Williams who suggested this Fractal thing. I'm not
a believer in this Fractal...because it really isn't a real fractal. In fact...
I think I was at one time banished from this forum, for a year, because
I violated the rules of this forum for making scathing remarks in regard
to the subject Fractals. I now use the wording FRACTAL because it is
the "Dotted Line" and most of you are familar with it (I think). Joe Ross
uses it, without calling it the Fractal...but he has come up with his
"Ross Hook". But even there....Charles Drummond had it in our P&L way
before the Ross Hook. Look you guys...the DOT IS A GOLD MINE. All of
you should be able to 'eye ball' the Dot on the MetaTrader...especially
easier with the Dot only version. But the dot lines (solid red line) is
giving all kinds information. Follow the lines in the past. If it's straight...
what is it telling you? Let's say it curves up....doesn't it suggest that
the market is in a expondential path? If it starts to curve down...then
it's in a logrithmetic path. You should be able to figure out a lot of
different notions regarding the market, by taking into consideration this
and everything else that may suggest. We've all been brain washed by
the past gurus. Of course...use them, after all every one else is using
them...and the market reacts because of it. The idea is to try to find
something that will alert you about the market. Why you may have to
know when to 'fade' the action, but with the notion that the loss will
be worth it. The closer you can get to a major support or resistance,
then lesser the 'loss'. Try to think this out. The odds are that you are
going to lose...but that's why they use the word RISK. But the idea
is to have your 'loss' be minimal. So Money Management is the only
Holy Grail you'll ever get close to. Even if you have a gallon of Holy
Water....you ain't gonna make it without the MM. It makes it a little
more easier if you have the capital (stuffed coffer). The odds are
against you again if you think that you can run 'AFTER' to the
bank by starting out with holes in your billfold.
Again...I don't even know how to handle all the stuff like Smiles, insert
image etc....with my IQ of minus 5 (-5) what can you expect....
ciao,
tonyj
Thank you once more for helping me grasp what you are teaching. I've been brainwashed for years, and this is all new to me, never heard of the DOT before. Anyway, I'm all eyes, and hopefully ears as well.
It would be very helpul if you used audio in your presentaton and teaching as well. If you don't have a mic/earphone,a small cost would be involved, around $25 to $40
Cheers
LR
It would be very helpul if you used audio in your presentaton and teaching as well. If you don't have a mic/earphone,a small cost would be involved, around $25 to $40
Cheers
LR
LR
Thank you once more for helping me grasp what you are teaching. I've been brainwashed for years, and this is all new to me, never heard of the DOT before. Anyway, I'm all eyes, and hopefully ears as well.
It would be very helpul if you used audio in your presentaton and teaching as well. If you don't have a mic/earphone,a small cost would be involved, around $25 to $40
Cheers
LR
I could listen to the birds in the field behind my place. I have a mic/
earphone, but please explain to me how did you get the chart on
your POST? This is a POST...ain't it? One time I started to try out
Camtasia...but I couldn't get my 'mind' to accept the grind. The
Camtasia is probably the best around. I'll try it again, once I return
to Bangkok during the coming winter.
HOW DID YOU GET THE CHART ON YOUR POST?
The 'blazer' epistemical suggestion turned out to be an empty brothel
chicken house. Suggested by FXSurfer....
Explain to me....how did you do it?
caio,
tonyj