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You may be seeing things in numbers!
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Created: by MedianVelocity Attachments:2

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You may be seeing things in numbers!

  #11 (permalink)
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Yes, but I am not that good of a programmer. You have to pretty much have a background in advanced mathematics in order to create algorithms that can recognize those kind of things reliably. I am a media major, not a physics major... Hehe

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  #12 (permalink)
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I am a pretty good programmer, I think anyway. The issue is not necessarily programming skills. The issue is effectively how to program intuition or experience, effectively the biggest tools of a discretionary trader.

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  #13 (permalink)
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MedianVelocity View Post
Yes, but I am not that good of a programmer. You have to pretty much have a background in advanced mathematics in order to create algorithms that can recognize those kind of things reliably. I am a media major, not a physics major... Hehe

It could be relatively simple though. Let's just say you have a up trend, defined by a trend line. If the next price moves up and further away from trend line, you have an accelerating trend, more parabolic. If it moves down, you'd have more rounding.

The trick would be telling the algorithm what is significant, and what isn't. A 1 day parabolic move may or may not be significant. Same with a 10 day move.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
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  #14 (permalink)
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I have been thinking about it a bit more... And my definition of "parabolic" is more like "reaching a fundamentally unsustainable momentum for the instrument in question." Things are now getting a bit more subjective now that I think about it more.

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  #15 (permalink)
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I have fully thought out what my full definition of parabolic is. It isn't as simple as I thought. Parabolic is steady movement with no deceleration above a certain number of deviations from a moving average.

I just step away and wait whenever things start looking parabolic. Parabolic moves are hard to trade, and mostly impossible to time the end of. If I'm positioned with a move, and it goes parabolic, I get out.
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Now, for the most obvious parabolic I have seen in recent years... Silver!
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Last edited by MedianVelocity; December 14th, 2013 at 10:28 PM.
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  #16 (permalink)
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MedianVelocity View Post
I have fully thought out what my full definition of parabolic is. It isn't as simple as I thought. Parabolic is steady movement with no deceleration above a certain number of deviations from a moving average.

I just step away and wait whenever things start looking parabolic. Parabolic moves are hard to trade, and mostly impossible to time the end of. If I'm positioned with a move, and it goes parabolic, I get out.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Now, for the most obvious parabolic I have seen in recent years... Silver!
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You mean if it goes parabolic in the other direction than you are trading you get out? If it goes parabolic in your direction that's great!

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  #17 (permalink)
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I just plain stay away from parabolic moves. If I'm in and a move goes parabolic I take profits right there and call it good. If it was against me, my stop would have been hit.

There is something physiologically stressing about a market move which will unpredictably give back all of it's gains in the blink of an eye. One of the reasons I like the ES and SPY... Parabolic moves are VERY rare and when they occur there is usually a known news release as a catalyst.

I don't like the feeling of not being in control I guess. Choppy rounded market turns please!

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  #18 (permalink)
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I am not sure my issue with parabolic moves is not some sort of physiological block from getting sucked in early on in trading.

But, Ill show you the kind of conditions I trade horrible in, and the kind I trade great in. 12-4... Migraine headache already before even placing a trade. Some days I just decide to go back to sleep after not liking the first thirty minutes of price action. Versus the next day 12-5... Perfect trading conditions!!! Woohoo...

I'm most comfortable trading in markets that retrace each move at least 50%. Forex is a nightmare to me.


Last edited by MedianVelocity; December 16th, 2013 at 07:52 AM. Reason: Removing DT chart
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  #19 (permalink)
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Trading for small wins off new highs/new lows on cyclic low trending days has the least stress, best win rates, and is just my favorite trading conditions! One glance at my charts and you can instantly see I'm tuned for median return style trading. LoL...

Ripping parabolic trends... Or steady trending... Meh, not my thing!

My least favorite days... Fed announcement days, the day before the jobs report, and big market moving news days.

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