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Fat Pitch ES Journal

  #21 (permalink)
 Grantx 
Reading UK
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Learn to hold
Learn to hold
Learn to hold
Learn to hold
Learn to hold

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  #22 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
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Grantx View Post
I think this is quite interesting because you can cut out a lot of noise and isolate whats relevant. Has this method helped you at all?

I have a lot of products I create from my model/system.
They are different ways of looking at the data.
Once I have the numbers in the spreadsheet I can compute many different things.

I think that each view can help and does help.
If I had more time then I think it could be of more help and perhaps even give my the magic key I am looking for - the ultimate equation that links time and price with perfection. For the time being I approach the puzzle from different angles and the synthesis of them gives a fairly good predictive method.

When I see something like the weekly chart I start to think of questions:
1. Can I see when the high of the week HOW and low of the week LOW are?
2. How often does the HOW fall on a Wednesday?, tuesday? ,,, etc
3. What are the conditions that identify it (the HOW and the LOW)
etc.

For example Gann noted that a change in trend can often happen on a Wednesday - is this true? how often? how do I know it is this Wednesday? etc.

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  #23 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
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Pretty thin this week as well
HOW 2403.75
LOW 2379.00
Week 415 -24.75
Week Dir -1


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  #24 (permalink)
trader14
Denver, CO
 
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Pretty thin this week as well

Right Aquarian 1.

I have another charting package I use for a bigger picture that's lacking in Q Trader.
March we were a tad oversold & had to move sideways (relieve the condition).
Three weeks ago price broke out of the hing (bull flag) but the bars close indicated
a lack of demand. I'm thinking more sideways before new highs are made.

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  #25 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
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Here's a swing (6pt or more)

It seems that 2390.75 could come into play.
(If a 20pt swing from 2404.50 it could bring up to 2384.50)

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  #26 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
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Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
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trader14 View Post

I have another charting package I use for a bigger picture that's lacking in Q Trader.
March we were a tad oversold & had to move sideways (relieve the condition).
Three weeks ago price broke out of the hing (bull flag) but the bars close indicated
a lack of demand. I'm thinking more sideways before new highs are made.

Could be. I'm hoping the 2404 area holds.


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  #27 (permalink)
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
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aquarian1 View Post
Pretty thin this week as well
HOW 2403.75
LOW 2379.00
Week 415 -24.75
Week Dir -1


Notice that 2387.50 is marked as an important price.
It has pushed down to 2285.25
6:16 PM 5/16/2017

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  #28 (permalink)
trader14
Denver, CO
 
Posts: 39 since Apr 2014
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The down bar you added to my chart would of been a spring. Like you my preference as well and we would be making new highs today.

I'm hoping we get a springboard on the chart. At the moment all we know is it's a lack of demand w/no selling so far.

Trade Well !!

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  #29 (permalink)
 Grantx 
Reading UK
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Missed approx 50 tick move which I more than likely would have taken had I not been watching correlations.
Textbook setup.

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  #30 (permalink)
trader14
Denver, CO
 
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Grantx, that's frustrating - huh!!

The lack of demand can be seen on the daily time frame as well as weekly.
Next week I'd like to see price action as you see on my chart.
Just a look ahead.

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