Price Action Kewltech Style - futures io
futures io



Price Action Kewltech Style


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one Maricas69 with 47 posts (19 thanks)
    2. looks_two Eug911 with 38 posts (19 thanks)
    3. looks_3 1zach4 with 24 posts (14 thanks)
    4. looks_4 TheTradeSlinger with 19 posts (49 thanks)
      Best Posters
    1. looks_one TheTradeSlinger with 2.6 thanks per post
    2. looks_two 1zach4 with 0.6 thanks per post
    3. looks_3 Eug911 with 0.5 thanks per post
    4. looks_4 Maricas69 with 0.4 thanks per post
    1. trending_up 114,504 views
    2. thumb_up 242 thanks given
    3. group 99 followers
    1. forum 332 posts
    2. attach_file 25 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Price Action Kewltech Style

(login for full post details)
  #101 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
Here is my understanding of the Longer term trend / progression for GC.

Daily Chart shows these last tests at 1362 as us testing for the third time the Support that we failed to gain back in 2016 highs. We have been testing this area with less momentum each time.





We still have the leg start on the lows of 2015 untested. So its possible that we will go down there at some point.

I am thinking that if momentum starts waning, the leg start of the last leg down on the intermediate time-frame at 1350 should provide a good down move which may even take us to new lows below the 1307 level.





Am I getting the right idea here with bringing in the longer term trend / time frames?

I went and looked at Kewltech. Read entries#76,77,78...maybe read it MORE THAN ONCE!!

Reply With Quote
The following user says Thank You to Maricas69 for this post:
 
(login for full post details)
  #102 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

Will do, thanks. I am on my third read through the blog. Every time I get something new.

Reply With Quote
 
(login for full post details)
  #103 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
Will do, thanks. I am on my third read through the blog. Every time I get something new.

Good! What I have noticed is no matter what it is, people are too lazy or impatient to take the time and really understand or explore something new..TAKE YOUR TIME!

Reply With Quote
 
(login for full post details)
  #104 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
Will do, thanks. I am on my third read through the blog. Every time I get something new.

So by moving from s to R or vice versa whats it doing the momo of your adjacent higher tfs momo n wiping out as possible R or levels of S so the higher tfs can head to whats UNTESTED IN THE CURRENT MOVE AND IS IMPORTANT TO THE CURRENT BIGGER TF MOVE THAT GAVE THE L OR H OF IMPORTANCE

Reply With Quote
 
(login for full post details)
  #105 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
Will do, thanks. I am on my third read through the blog. Every time I get something new.

So in the case of Gc you knew what it was doing since the Feb L

Reply With Quote
 
(login for full post details)
  #106 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

We have been in accumulation since FEB 8th Low.... targeting new highs maybe hmm. Technically the leg start at 1350 should still provide resistance though doesn't it?

Reply With Quote
 
(login for full post details)
  #107 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
We have been in accumulation since FEB 8th Low.... targeting new highs maybe hmm. Technically the leg start at 1350 should still provide resistance though doesn't it?

If u have the resource in front of you why dont u use it, read it N REALLY UNDERSTAND IT and ise that thing sitting on your shoulders instead of guessing???!!!

Reply With Quote
 
(login for full post details)
  #108 (permalink)
 latron 
chicago, IL
 
Experience: Beginner
Platform: thinkorswim
Trading: es
 
Posts: 3 since Jul 2012
Thanks: 4 given, 1 received


1zach4 View Post
I have a PDF of the entire blog

Would you be willing to share the copy of the blog? I've been following this post and it's really interesting.

Reply With Quote
 
(login for full post details)
  #109 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


latron View Post
Would you be willing to share the copy of the blog? I've been following this post and it's really interesting.

KEWLTECH

Reply With Quote
The following user says Thank You to Maricas69 for this post:
 
(login for full post details)
  #110 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

We got the 1350 reaction...
Is it gonna have legs....lets see.

Reply With Quote
 
(login for full post details)
  #111 (permalink)
 latron 
chicago, IL
 
Experience: Beginner
Platform: thinkorswim
Trading: es
 
Posts: 3 since Jul 2012
Thanks: 4 given, 1 received


Maricas69 View Post


Thank you for responding. I've been trying to access more than 2 pages from the blog (issue 83-89 and happy new year from 01-04-2010), however, I'm unable to see more. Is there a pdf of the blog?

Reply With Quote
 
(login for full post details)
  #112 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: IB Canada/Rithmic
Trading: CL
 
Posts: 344 since Jul 2011
Thanks: 391 given, 492 received


latron View Post
Thank you for responding. I've been trying to access more than 2 pages from the blog (issue 83-89 and happy new year from 01-04-2010), however, I'm unable to see more. Is there a pdf of the blog?

https://web.archive.org/web/20170706135210/kewltech.blogspot.com:80/2011/06/issue-076-sweet-oily-legs.html

Reply With Quote
The following 4 users say Thank You to olobay for this post:
 
(login for full post details)
  #113 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

When looking at a product like gold, or currencies. Which charts are more important the futures or the spot?

Today's high doesnt like up with any GC levels but it does with the xau/usd chart. 1357 was a key level on that chart.

Reply With Quote
 
(login for full post details)
  #114 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
When looking at a product like gold, or currencies. Which charts are more important the futures or the spot?

Today's high doesnt like up with any GC levels but it does with the xau/usd chart. 1357 was a key level on that chart.

Easy answer... look at chart you are trading.

Reply With Quote
 
(login for full post details)
  #115 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
When looking at a product like gold, or currencies. Which charts are more important the futures or the spot?

Today's high doesnt like up with any GC levels but it does with the xau/usd chart. 1357 was a key level on that chart.

Nothing on GcJ8 at 56.8? Really? Take a look again .
Sounds like someone needs to research more.

Reply With Quote
 
(login for full post details)
  #116 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received


Maricas69 View Post
Nothing on GcJ8 at 56.8? Really? Take a look again .
Sounds like someone needs to research more.

Are we talking about the Daily Doji on Feb 16th?

Reply With Quote
 
(login for full post details)
  #117 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
Are we talking about the Daily Doji on Feb 16th?

Do you read what i first started to post? In the move down, wouldnt it fit w move to 18h and whats inside n one would expect to be what 16H CLEARED AND LOST ..Bigger to smaller tf once u know based on bigger where to look when looking at move being retraced NOW N IS UNTESTED and can use lower tf for being more precise?

Reply With Quote
 
(login for full post details)
  #118 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
Are we talking about the Daily Doji on Feb 16th?

So on GcM8 wouldnt it also fit w what move 18H had to clear/lost in move down from it that fits w the important H since S was found in 2015, the 16H cleaeed and lost n is in move to S found after 18nH. What the 18h would have had to clear n lost. So wouldnt that be the June 16h on weekly hit. Will see how fits w what move 2015L lost

Reply With Quote
The following user says Thank You to Maricas69 for this post:
 
(login for full post details)
  #119 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received


Maricas69 View Post
So on GcM8 wouldnt it also fit w what move 18H had to clear/lost in move down from it that fits w the important H since S was found in 2015, the 16H cleaeed and lost n is in move to S found after 18nH. What the 18h would have had to clear n lost. So wouldnt that be the June 16h on weekly hit. Will see how fits w what move 2015L lost

Which high do we count here the April at 1356.8 or the June at 1362.60?

Reply With Quote
 
(login for full post details)
  #120 (permalink)
skrapposten22
Härnösand, Sweden
 
 
Posts: 2 since Jun 2016
Thanks: 4 given, 0 received

Would it be possible for someone knowledgeable to show exactly what constitutes a move/leg, like the current and the one thats getting retraced. And what an untested level looks like in this context. Maybe with pictures maximum clarity.

I hope I don't sound demanding. Its just that I've read the blog multiple times and I'll keep reading it, but I think either my english skills or IQ is too low to understand it properly. Haven't managed to wrap my head around it. only managed to get a very shallow understanding of how it works.

Reply With Quote
 
(login for full post details)
  #121 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

Looking at the S&P, we are at the right shoulder of a Inverse Head and Shoulder Pattern that has bullish momentum building since March 23rd. Also the last leg down from Friday already had its leg start support lost tested once. Hmm I wonder what will happen next....

Reply With Quote
 
(login for full post details)
  #122 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Eug911 View Post
Looking at the S&P, we are at the right shoulder of a Inverse Head and Shoulder Pattern that has bullish momentum building since March 23rd. Also the last leg down from Friday already had its leg start support lost tested once. Hmm I wonder what will happen next....

Did that give the low of importance? Hmmmm

Reply With Quote
 
(login for full post details)
  #123 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received


Maricas69 View Post
Re All in the charts. From what have been told, just redressing whats been covered in prior blog to make a dollar but misses the mark. Got idea from another who drank from same cup but also missed the mark.

So best imo to read original info, disect and take away from it WHAT YOU DECIPHER and run with it.

Sad fact is that it is a common theme re lots of charlatans in financial markets because of the $$$ that can be made so there is a never ending supply of possible victims!

lel

allinthecharts.com is just a re-write of KT in my own words, that I put together 6 months after finding the original blog. The original blog can be a little hard to decipher, so it was just my attempt at better trying to understand it... Literally the only reason I created it was in the hope it might get some attention from people who trade it every day and would be willing to share their knowledge - as it turned out that is (indirectly) what happened around six weeks later and I am glad I did it for that reason alone. The domain runs out next week, so it will cease to exist at that point...

I made it private as I felt it was in my best interests, I kept getting either abuse from maroons or questions from people who genuinely wanted to learn. I ignored the former and didn't feel I had the right to answer questions from the latter about KT, as all the question were about KewlTech - KT has nothing to do with me, I just learned from it, and thus I have zero right to claim otherwise... Indeed, as I made abundantly clear on the blog, I learned from KT and that blog is a huge inspiration in the way I trade. Do I trade the KT way? I have no idea, and neither do I give a damn to be honest....

Getting to the reason I felt the need to reply - I have never made a penny from that blog and nor would I dream of selling access to a re-write of KT lol. I am strongly of the belief that the original KT blog did it right - no cash exchanged, just concepts.

Reply With Quote
 
(login for full post details)
  #124 (permalink)
dolan
Manchester
 
 
Posts: 5 since Apr 2012
Thanks: 0 given, 3 received


timmymagic07 View Post
lel

allinthecharts.com is just a re-write of KT in my own words, that I put together 6 months after finding the original blog. The original blog can be a little hard to decipher, so it was just my attempt at better trying to understand it... Literally the only reason I created it was in the hope it might get some attention from people who trade it every day and would be willing to share their knowledge - as it turned out that is (indirectly) what happened around six weeks later and I am glad I did it for that reason alone. The domain runs out next week, so it will cease to exist at that point...

I made it private as I felt it was in my best interests, I kept getting either abuse from maroons or questions from people who genuinely wanted to learn. I ignored the former and didn't feel I had the right to answer questions from the latter about KT, as all the question were about KewlTech - KT has nothing to do with me, I just learned from it, and thus I have zero right to claim otherwise... Indeed, as I made abundantly clear on the blog, I learned from KT and that blog is a huge inspiration in the way I trade. Do I trade the KT way? I have no idea, and neither do I give a damn to be honest....

Getting to the reason I felt the need to reply - I have never made a penny from that blog and nor would I dream of selling access to a re-write of KT lol. I am strongly of the belief that the original KT blog did it right - no cash exchanged, just concepts.

If you're going to delete it could you give us access or possibly share some snippets with members? Thanks.

Reply With Quote
The following user says Thank You to dolan for this post:
 
(login for full post details)
  #125 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,042 since Jun 2009
Thanks: 854 given, 7,911 received


dolan View Post
If you're going to delete it could you give us access or possibly share some snippets with members? Thanks.

try some google https://archive.is/nK2XD
https://web.archive.org/web/20170706161517/kewltech.blogspot.com:80/2011/04/issue-065-compartmentalizing-price.html

Reply With Quote
 
(login for full post details)
  #126 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received


dolan View Post
If you're going to delete it could you give us access or possibly share some snippets with members? Thanks.

There's no point, I wrote the majority of it last summer before I got a proper grasp of the concepts. Just read the old blog from the various web archives that are available, or use the PDF that someone linked in a prior post.

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #127 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received

The kewltech guy talks about the move off a reaction from the news as being setup prior, which i completely subscribe to, but what causes the actual reaction when the news comes out for example the minute non farm comes out the market will explode into action why does the market wait until the publication if it's already setup prior?

Reply With Quote
 
(login for full post details)
  #128 (permalink)
2Fast2Good
Atlanta, United States
 
 
Posts: 7 since Mar 2018
Thanks: 2 given, 1 received




Distribution?

Same thing on the U.K. index, clear head and shoulders (distribution) pattern. However, Draghi extended QE by 3 months and a weaker Euro incoming due to no rate hike.


All in the chart?

Reply With Quote
 
(login for full post details)
  #129 (permalink)
HitTheBid
Dallas, TX USA
 
 
Posts: 23 since Jun 2018
Thanks: 36 given, 22 received


TheTradeSlinger View Post
From my journal to start us off here.



I didn’t know this style had a name? This is actually fundamental in how I have been trading since becoming profitable years ago. I watch multiple timeframes as well as fibonaccis and support/resistance. But for example - this is the first chart I look at of the /ES in the morning.

Attached Thumbnails
Click image for larger version

Name:	c4b4a5e1-bc01-4c6d-9fea-7f6eca875618.jpg
Views:	1248
Size:	100.0 KB
ID:	250909  
Reply With Quote
The following user says Thank You to HitTheBid for this post:
 
(login for full post details)
  #130 (permalink)
HitTheBid
Dallas, TX USA
 
 
Posts: 23 since Jun 2018
Thanks: 36 given, 22 received

I’ll go ahead and blow some minds with this one. /ES Monthly chart

Attached Thumbnails
Click image for larger version

Name:	c1437fc4-d89c-40e6-994f-b951d3e21f05.jpg
Views:	1310
Size:	124.6 KB
ID:	250910  
Reply With Quote
The following user says Thank You to HitTheBid for this post:
 
(login for full post details)
  #131 (permalink)
2Fast2Good
Atlanta, United States
 
 
Posts: 7 since Mar 2018
Thanks: 2 given, 1 received



Took half my 2680 longs at 2740, let the rest run into this weeks OPEX. Would love to see some move down back to 2740 but still trying to figure out how this all works. Leg start is still untested @ 2805

Reply With Quote
 
(login for full post details)
  #132 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


HitTheBid View Post
I’ll go ahead and blow some minds with this one. /ES Monthly chartAttachment 250910

M8 is already done so...

Reply With Quote
 
(login for full post details)
  #133 (permalink)
Oventure
Oklahoma City, Oklahoma, USA
 
 
Posts: 1 since Jun 2018
Thanks: 0 given, 0 received

Could someone that has a copy of the Kewltech PDF send a copy to this temporary email address below? Please change (at) to @ and .C0m to .com. It wouldnt let me paste the actual address.

moveni(at)creazionisa.C0m

Thanks!

Reply With Quote
 
(login for full post details)
  #134 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


Oventure View Post
Could someone that has a copy of the Kewltech PDF send a copy to this temporary email address below? Please change (at) to @ and .C0m to .com. It wouldnt let me paste the actual address.

moveni(at)creazionisa.C0m

Thanks!

I am sure if you scrolled back in this conversation you will find the link to a pdf. of it

Reply With Quote
 
(login for full post details)
  #135 (permalink)
Kewltechgrad
London
 
 
Posts: 4 since Apr 2018
Thanks: 2 given, 0 received


mattwj View Post
The kewltech guy talks about the move off a reaction from the news as being setup prior, which i completely subscribe to, but what causes the actual reaction when the news comes out for example the minute non farm comes out the market will explode into action why does the market wait until the publication if it's already setup prior?

Trouble with this question is where to start! Re-read the blog, if still don't get it read the final blog entry - the answer is in your question regarding 'reaction' have we reached the point to cause said reaction....or any reaction? Basic PA

Not singling out anyone but common theme is people aren't really reading the blog.
Put another way say you're on the motorway/freeway and at some point you realised that you left the iron on - do you;
1, stop, crash through central reservation and immediately go back or;
2, wait until the next exit to go back....

Reply With Quote
 
(login for full post details)
  #136 (permalink)
malaro
Los Angeles
 
 
Posts: 2 since Jul 2018
Thanks: 0 given, 0 received


Kewltechgrad View Post
Trouble with this question is where to start! Re-read the blog, if still don't get it read the final blog entry - the answer is in your question regarding 'reaction' have we reached the point to cause said reaction....or any reaction? Basic PA

Not singling out anyone but common theme is people aren't really reading the blog.
Put another way say you're on the motorway/freeway and at some point you realised that you left the iron on - do you;
1, stop, crash through central reservation and immediately go back or;
2, wait until the next exit to go back....

The problem with the blog is that the author is probably not a native English speaker and thus some of the run on sentences and lack of grammar makes for an incredibly convoluted and confusing read. If it read more like a technical paper it would make more sense to more people. While it's clear that the blog contains some important concepts, it's not presented in the best way it could be. If someone had a good way of rewording it that would be perfect.

Reply With Quote
 
(login for full post details)
  #137 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


malaro View Post
The problem with the blog is that the author is probably not a native English speaker and thus some of the run on sentences and lack of grammar makes for an incredibly convoluted and confusing read. If it read more like a technical paper it would make more sense to more people. While it's clear that the blog contains some important concepts, it's not presented in the best way it could be. If someone had a good way of rewording it that would be perfect.

Yeah, it's written in Chinese! lol confusing? maybe read it a "few" times..lol

Reply With Quote
 
(login for full post details)
  #138 (permalink)
Kewltechgrad
London
 
 
Posts: 4 since Apr 2018
Thanks: 2 given, 0 received


Maricas69 View Post
Yeah, it's written in Chinese! lol confusing? maybe read it a "few" times..lol

That's why lol. I reluctantly answered as some questions are on par as asking how many quarters are there in the game....can tell haven't really read it.

One of many reasons why blogs were taken off cos of abuse and plagiarism. Any attempts of reworking the blogs will be reported to the authors to take further action.
You're given chart posts - would you not open up your own platform in your preferred chart style and perhaps try and study in that manner...
Will leave it there and if you do have any questions the answers will be the same - re-read the blog.

Reply With Quote
 
(login for full post details)
  #139 (permalink)
malaro
Los Angeles
 
 
Posts: 2 since Jul 2018
Thanks: 0 given, 0 received


Maricas69 View Post
Yeah, it's written in Chinese! lol confusing? maybe read it a "few" times..lol

Hey, not my fault your writing style is confusing.

Reply With Quote
 
(login for full post details)
  #140 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

To those that use the MACD along with the price action... Is there anything else you look at other than divergence between price swings and the swings of the MACD?

Reply With Quote
 
(login for full post details)
  #141 (permalink)
Maricas69
Toronto
 
 
Posts: 46 since Mar 2018
Thanks: 6 given, 19 received


malaro View Post
Hey, not my fault your writing style is confusing.

I am NOT THE AUTHOR and to me its clear as the day has 24hrs in it.

Here is another person who took a look at it and was a former CME/CBOT floor trader who owned 2 seats ( retired now) and what he said.

"I tried to read as if I was ignorant, I cannot understand how people dont understand whats being stated.

It's really simplistic as all hell, yeah it wld take a bit of work, chart studying and yeah a few good reads of Dawg's blog but the principles are so plain and easy to visualize. I'm left w a huge WTF

Maybe vanilla isn't a colour many can see?"

Enough said!

Reply With Quote
 
(login for full post details)
  #142 (permalink)
tradernurse
Chicago
 
 
Posts: 2 since Mar 2017
Thanks: 1 given, 0 received

there's a lot missing from the blog that's critical

Reply With Quote
 
(login for full post details)
  #143 (permalink)
 cory 
the coin hunter
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
 
cory's Avatar
 
Posts: 6,042 since Jun 2009
Thanks: 854 given, 7,911 received


tradernurse View Post
there's a lot missing from the blog that's critical

such as?

Reply With Quote
 
(login for full post details)
  #144 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received


Eug911 View Post
To those that use the MACD along with the price action... Is there anything else you look at other than divergence between price swings and the swings of the MACD?

Try to ignore the MACD (remove it from your charts if you are comfortable enough, or even if you are not) and instead think about what is happening to produce the divergence you are referring to and focus on price action.

If the market is smacking really hard and we are coming up to a 15M level say, what do you think the chances are of us bouncing off that 15M level and popping say 10-15 points on something like NQ? The blog talks about slowing of momentum, which is in effect incoming volume that is less bearish/bullish (depending on whether market is going up/down, so if market is smacking hard it is clear incoming is less bullish or we can see there are not many bids if you prefer - see below) than that which preceded it.

If you have seen the TIDDI videos, in one of them he mentions how markets drop on no bid (one of the recent ones), NOT on mass selling. Think of an auction house selling a painting, if they start the bidding at say £2,000 for some POS painting that no one wants there will be no bidding, so what do they do? They have to reduce the price in order to attract bids, there is no other way to achieve a sale - otherwise they just keep it. This isn't really an analogy - markets are an auction, albeit two way. So if no one is bidding, price just keeps coming down.... The opposite could be described as asking - lots of bidding, not much 'asking'. This is a high level way of looking at it, but hopefully explains the background.

Think of this in a market situation - if people are going to start bidding, the market will slow in its downward momentum. So, all divergences are is an indication that the market is slowing as we come into a level - could be any level, if you are good at identifying turning points and then take into consideration slowing on an adjacent time frame (so say you have a 15M level, you see slowing in a 5M chart or 3M etc.), you put the odds in your favour more significantly. So basically you can read the slowing in momentum via price action and naked candle sticks/bars, you do not need the MACD and indeed the MACD can make it harder for some as they wait for divergences prior to getting in.... This is waiting for confirmation and bad - what you really want to focus on is identifying the correct turning points and the slowing of momentum into them.

If you think about it, this is also how accumulation/distribution works, as big players do not buy all they want at once, they get in as the market comes down into the key levels they are watching - hence slowing of price action/momentum.

Reply With Quote
The following 2 users say Thank You to timmymagic07 for this post:
 
(login for full post details)
  #145 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received

The blog has been really useful and i have read a couple of times and every time i read it my form picks up in trading especially by the end of the blog but the problem is, i always seem to lose sight and end up making the same mistakes, i've struggled for quite a while now to try and get this on paper as a strategy since all traders always say stick to your system but i never know how to tie it all together into one piece of analysis to get a trade out at the end.

Have any of you guys had success trying to get the method down onto paper, if so could share it or give advice on how to make this into something you can trade off without always feeling like i am missing something. Thanks

Reply With Quote
 
(login for full post details)
  #146 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


timmymagic07 View Post
Try to ignore the MACD (remove it from your charts if you are comfortable enough, or even if you are not) and instead think about what is happening to produce the divergence you are referring to and focus on price action.

If the market is smacking really hard and we are coming up to a 15M level say, what do you think the chances are of us bouncing off that 15M level and popping say 10-15 points on something like NQ? The blog talks about slowing of momentum, which is in effect incoming volume that is less bearish/bullish (depending on whether market is going up/down, so if market is smacking hard it is clear incoming is less bullish or we can see there are not many bids if you prefer - see below) than that which preceded it.

If you have seen the TIDDI videos, in one of them he mentions how markets drop on no bid (one of the recent ones), NOT on mass selling. Think of an auction house selling a painting, if they start the bidding at say £2,000 for some POS painting that no one wants there will be no bidding, so what do they do? They have to reduce the price in order to attract bids, there is no other way to achieve a sale - otherwise they just keep it. This isn't really an analogy - markets are an auction, albeit two way. So if no one is bidding, price just keeps coming down.... The opposite could be described as asking - lots of bidding, not much 'asking'. This is a high level way of looking at it, but hopefully explains the background.

Think of this in a market situation - if people are going to start bidding, the market will slow in its downward momentum. So, all divergences are is an indication that the market is slowing as we come into a level - could be any level, if you are good at identifying turning points and then take into consideration slowing on an adjacent time frame (so say you have a 15M level, you see slowing in a 5M chart or 3M etc.), you put the odds in your favour more significantly. So basically you can read the slowing in momentum via price action and naked candle sticks/bars, you do not need the MACD and indeed the MACD can make it harder for some as they wait for divergences prior to getting in.... This is waiting for confirmation and bad - what you really want to focus on is identifying the correct turning points and the slowing of momentum into them.

If you think about it, this is also how accumulation/distribution works, as big players do not buy all they want at once, they get in as the market comes down into the key levels they are watching - hence slowing of price action/momentum.

Thanks i agree with that i think that may be why i am still failing but how do you know momentum is slowing on this chart for example, since the level is a h1 and the chart is from a m15 and it looks like it slows down going flat but as we get towards the level price start accelerating downwards with the red candlesticks getting bigger and bigger but it still bounces off? Thanks

IC Markets GBPUSD m15 jcB6n | cTrader


Reply With Quote
 
(login for full post details)
  #147 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received

That just looks like typical slowing to me, we even spent the best part of an hour and a half around that area before pushing higher, sounds like something beginning with a...

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #148 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


timmymagic07 View Post
That just looks like typical slowing to me, we even spent the best part of an hour and a half around that area before pushing higher, sounds like something beginning with a...

haha accumulation by any chance. But what about this on gbpusd yesterday we had a short level on the m30 from quite a big legstart and on the m5 it looks like momentum slowing similar to the other long level but price eventually blows through it. The target for a level is the support lost leading in to the level is it not? so how do you know if the accumulation/distribution and slowing off momentum will be enough or just a temporary pause? Thanks
(the white line is the level i am talking about, the other is just a pending order)


Reply With Quote
 
(login for full post details)
  #149 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received

Look through your charts and work out what you missed, we also appear to have smacked from a few ticks below that level you drew - was it front run?

You have to do the work, look through the charts and work out why it turned out how it did and learn from it. Just takes a bit of work.

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #150 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


timmymagic07 View Post
Look through your charts and work out what you missed, we also appear to have smacked from a few ticks below that level you drew - was it front run?

You have to do the work, look through the charts and work out why it turned out how it did and learn from it. Just takes a bit of work.

I think progression was the cause, since it looks like a higher timeframe was in an upleg, but then again it could of been a scalp against the main trend however i am not sure what determines the difference between that potential scalp and scalps that are successful- what is a front run? and you said to stop using macd and i do agree with that but how can you see stuff like macd divergences without it? Thanks

Reply With Quote
 
(login for full post details)
  #151 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received

You cannot spot divergences without it, but you can read slowing of momentum via candles and simple price action. That said perhaps it was wrong to suggest removing MACD, if it works for you then use it.

Front running is simply market participants getting in a few ticks ahead of a level, getting in a bit early. This is all assuming your level was correctly drawn of course, again the answer is in the charts.

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #152 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


timmymagic07 View Post
You cannot spot divergences without it, but you can read slowing of momentum via candles and simple price action. That said perhaps it was wrong to suggest removing MACD, if it works for you then use it.

Front running is simply market participants getting in a few ticks ahead of a level, getting in a bit early. This is all assuming your level was correctly drawn of course, again the answer is in the charts.

ah right yeah i get what front running is now thanks, and yeah i think perhaps it could be that but the move did not seem big enough to have reached it's target.

So where do MACD divergences fit into trading, so you have the level you find, then you compare that to legs that price have already reacted off and their targets on the same and higher timeframes (progression) and then when price approaches the level you go to the same timeframe as the level and lower to see the slowing off momentum. Is that all or what else am i missing, does macd divergence and the cycles they run form part of the analysis as well? Thanks for your help

Reply With Quote
 
(login for full post details)
  #153 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received

The MACD is just a tool for analysing momentum, Dawg did a post on that in the blog.

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #154 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


timmymagic07 View Post
The MACD is just a tool for analysing momentum, Dawg did a post on that in the blog.

so you use the macd in the same way as you use momentum in analysis, have i got everything else down?

And i seen that post today where he called himself a dawg and some other guy was having an argument with him and was called kitten "And being a eager helpful dawgie, I suggested the MACD. This rude ... hmmm ... (be nice) raunchy feline. =), proceeded to call me a liar and said that the MACD is price base. How rude!!! And how stupid!!!" lol

Reply With Quote
 
(login for full post details)
  #155 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received

I wrote an essay earlier in this thread on why I do not use the MACD?

Yes, in the main post on the MACD he talks about how he uses the MACD to analyse incoming volume - as I covered in my prior post.

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #156 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


timmymagic07 View Post
I wrote an essay earlier in this thread on why I do not use the MACD?

Yes, in the main post on the MACD he talks about how he uses the MACD to analyse incoming volume - as I covered in my prior post.

Yes so is this what you mean in the essay, since they is no macd divergence on the m15 which is where the level is from or on the ltf's either.


But how come that would be the case for this, when price seems flat before the slowing in momentum is leading into the level, is that because its an accumulation for a much larger play and the level is of more significance, which you can tell through the setup being so great? and also if price is in an area where price momentum has slowed down because of accumulation, then why would it drop on no bids since, price has moved lower so if anything it makes it more desirable to buy as the price is lower, so they should be bids right? or is it longs being offloaded. Thanks

Reply With Quote
 
(login for full post details)
  #157 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received

I don't know, I do not follow that market so I have no idea how it was set up across time frames.

Just from that screenshot, it looks like you had a pop from the level you have drawn - the higher white line, probably a level if you look further left - then we went through it on the second touch (or third touch it looks like, whatever touch that is depending on HTF), then we came into the next level you have drawn, move sideways for a few candles and then popped.... No need to over complicate it, the market fell to the next level you have drawn, moved sideways as momentum slowed and then popped.

I do not have time to go through every chart example you have mate, just read the blog articles on compartmentalising the price action and most of the issues after that to refresh your knowledge. Also spend time just watching and observing the same thing happening over and over again, to solidify it in your mind. Also bear in mind there are traders out there who have made fortunes being right 50% of the time, you do not need to be perfect....

And sorry - to answer the question at the top of your post - yes, that is exactly what I mean. There is no MACD divergence, but you do not need it to notice that momentum has slowed. This is the problem I had when first using the MACD, I kept waiting for divergences or trying to find them across time frames etc. etc. - getting rid of it helped. Again though, that is personal preference.

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #158 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


timmymagic07 View Post
I don't know, I do not follow that market so I have no idea how it was set up across time frames.

Just from that screenshot, it looks like you had a pop from the level you have drawn - the higher white line, probably a level if you look further left - then we went through it on the second touch (or third touch it looks like, whatever touch that is depending on HTF), then we came into the next level you have drawn, move sideways for a few candles and then popped.... No need to over complicate it, the market fell to the next level you have drawn, moved sideways as momentum slowed and then popped.

I do not have time to go through every chart example you have mate, just read the blog articles on compartmentalising the price action and most of the issues after that to refresh your knowledge. Also spend time just watching and observing the same thing happening over and over again, to solidify it in your mind. Also bear in mind there are traders out there who have made fortunes being right 50% of the time, you do not need to be perfect....

And sorry - to answer the question at the top of your post - yes, that is exactly what I mean. There is no MACD divergence, but you do not need it to notice that momentum has slowed. This is the problem I had when first using the MACD, I kept waiting for divergences or trying to find them across time frames etc. etc. - getting rid of it helped. Again though, that is personal preference.

Thanks a lot for your help! I think i'm going to get rid of the mac, it couldn't make my trading any worse lol. Thank you!

Reply With Quote
 
(login for full post details)
  #159 (permalink)
timmymagic07
London, United Kingdom
 
 
Posts: 33 since Apr 2012
Thanks: 3 given, 16 received

Remember that the MACD is just a tool, there are traders who follow this style of trading and do fantastically whilst using it and fitting it into their process. So do not just get rid of it because I suggested to do so, make sure it makes sense and best of luck mate.

Reply With Quote
The following user says Thank You to timmymagic07 for this post:
 
(login for full post details)
  #160 (permalink)
nenuser
Buenos Aires, Argentina
 
 
Posts: 2 since Jul 2018
Thanks: 0 given, 1 received

I would pay particular attention to maricas69 and kewltechgrad posts. For some reason I think they might be something more than guys who understood KT's concepts!!!!

Reply With Quote
The following user says Thank You to nenuser for this post:
 
(login for full post details)
  #161 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

Its almost a year for me now of studying charts using the kewltech method and I have come pretty far. The missing part from before of progression is starting to make sense, I could just not understand it from the blog posts but watching the price action over and over especially on shorter time frames helped me understand progressions. To me its basically the exhaustion of buyers and sellers as we yoyo from leg start to leg start. At some point one side gets the upper hand and off we go. I still cannot really verbalize my understanding but I understand what will happen as I watch it. My biggest issue now is knowing exactly which level to take trades off within the leg start, this is easier on shorter timeframes where the leg start is small but on a 4 hour leg start this can be 0.50 to 1 point on CL of variance. Usually I either wait for the perfect spot which never comes and I miss the move completely or I start building my position at different levels that I deem important, this normally leads to taking heat on the trade but when I am right... ohh boy.

Any hints to picking out levels within the leg start would be greatly appreciated... Maybe I am just being a perfectionist and should be fine with scaling into the trade as I have been doing.

Timmymagic07, your blog was helpful for me when it was active, thanks for writing it. It did not give me the Eurka moment but it was still a good resource. Any little bit helps in this long difficult solitary journey.

Reply With Quote
 
(login for full post details)
  #162 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received


Eug911 View Post
Its almost a year for me now of studying charts using the kewltech method and I have come pretty far. The missing part from before of progression is starting to make sense, I could just not understand it from the blog posts but watching the price action over and over especially on shorter time frames helped me understand progressions. To me its basically the exhaustion of buyers and sellers as we yoyo from leg start to leg start. At some point one side gets the upper hand and off we go. I still cannot really verbalize my understanding but I understand what will happen as I watch it. My biggest issue now is knowing exactly which level to take trades off within the leg start, this is easier on shorter timeframes where the leg start is small but on a 4 hour leg start this can be 0.50 to 1 point on CL of variance. Usually I either wait for the perfect spot which never comes and I miss the move completely or I start building my position at different levels that I deem important, this normally leads to taking heat on the trade but when I am right... ohh boy.

Any hints to picking out levels within the leg start would be greatly appreciated... Maybe I am just being a perfectionist and should be fine with scaling into the trade as I have been doing.

Timmymagic07, your blog was helpful for me when it was active, thanks for writing it. It did not give me the Eurka moment but it was still a good resource. Any little bit helps in this long difficult solitary journey.

is they a blog i can look at from Timmymagic07 on way back machine perhaps, i pretty much have the same problem, i can't get it down into a mechanical system and they is so many levels how do you know which ones are important, they is the standard s/r and the legstart types of levels, how do you decide what ones are important or not?

Reply With Quote
 
(login for full post details)
  #163 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

I agree with the sentiment of just reading the original blog over and over and just looking at the charts on multiple time frames. At this point of my experience level I try to trade only the big leg starts on the bigger charts like 1 and 4 hour. I form a bias on my understanding of progression and where price should go and not go if I am wrong and trade with wide stops. Ideally i'd like to get more precise and use much smaller stops but the only way I see of doing that is switching to scalping every rotation but I am not into that kind of rapid decision making yet. I like the stuff from Timmy's blog where he talks about auctions, it's a fantastic explanation of momentum.

Reply With Quote
 
(login for full post details)
  #164 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received

Lakai says learn how to read a chart and then learn technical analysis, how are these different from each other since i and how can you learn about them? Thanks

Reply With Quote
 
(login for full post details)
  #165 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received


mattwj View Post
Lakai says learn how to read a chart and then learn technical analysis, how are these different from each other since i and how can you learn about them? Thanks

My take is that technical analysis refers to using indicators.

Reply With Quote
 
(login for full post details)
  #166 (permalink)
raidenko
Washington DC
 
 
Posts: 5 since Sep 2018
Thanks: 2 given, 2 received


1zach4 View Post
I have a PDF of the entire blog


Eug911 View Post
My take is that technical analysis refers to using indicators.

Hey mate, I noticed you mentioned you have a pdf of the entire blog. Do you mind sharing it with us? I noticed a few mentions of the pdf in here but it wasn't attached anywhere in the thread. The archived site is hard to navigate in order.

Reply With Quote
The following user says Thank You to raidenko for this post:
 
(login for full post details)
  #167 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

Question to the more astute chart readers who have a working knowledge of this method.

Why did CL not get a good smack from hitting the End of June / early July leg start (supply zone) ? We had momentum divergence approaching it on the 1 hour time frame, everything seemed right. Is this just a matter of not all trades work or did I miss something in my analysis? I expected a much bigger reaction but it just never came.

4 Hour Chart



1 Hour Chart

Reply With Quote
 
(login for full post details)
  #168 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received

Because we were contained within the leg and the low of this entire move was a test of a much larger leg start, so you have to make a new high above

Reply With Quote
The following user says Thank You to 1zach4 for this post:
 
(login for full post details)
  #169 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


Eug911 View Post
Question to the more astute chart readers who have a working knowledge of this method.

Why did CL not get a good smack from hitting the End of June / early July leg start (supply zone) ? We had momentum divergence approaching it on the 1 hour time frame, everything seemed right. Is this just a matter of not all trades work or did I miss something in my analysis? I expected a much bigger reaction but it just never came.

4 Hour Chart



1 Hour Chart

#1 thing missing from your analysis is legs

Reply With Quote
 
(login for full post details)
  #170 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received


1zach4 View Post
Because we were contained within the leg and the low of this entire move was a test of a much larger leg start, so you have to make a new high above

So for this to be a valid leg start trade, we should have taken out the june low?

Reply With Quote
 
(login for full post details)
  #171 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


Eug911 View Post
So for this to be a valid leg start trade, we should have taken out the june low?

Yes

Reply With Quote
 
(login for full post details)
  #172 (permalink)
Endor87
LA + CA
 
 
Posts: 1 since Oct 2018
Thanks: 3 given, 0 received

I found Kewltech's posts and blog to be highly informative when I started trading although it is not entirely user friendly. I definitely utilize many of the kewltech ideas into my trading these days (levels, S/R, momentum) but I do not use the MACD and I prefer to use RSI with stochastic RSI to get a better idea of momentum.


"Since people here have been unwilling to share the PDF of the blog (which is publicly available), I've taken the opportunity to upload it to scribd - scribd.com/document/389865867/KewlTech-Blog-Posts . Each lesson has a link to the archived website in order to see better quality versions of the charts.

To learn Kewltech's Method properly kewltech.blogspot.se and spaztiksstockplanet.blogspot.com

All you need is in those 2 blogs. Markets moves from support lost to support gained and vice versa. Watch how markets react to levels. In every single time frame. Learn to put the time frames together. Learn Momentum, distribution, accumulation, legs, proper support and resistance is key. You'll get the hang of it if you hang in there.

I found Kewltech's blog posts to make total sense in his blog posts, but when you try to put it into practice I think it's very hit or miss. The subjectivity of it all really starts to stick out. I've had so many people refer me to kewltech blog, but when they try to explain the concept it always comes down to "well the trend was up so I bought at support" and I get shown an example where a previous resistance level held at support - that totally ignores all of the other examples on the exact same chart where doing the same thing would have lost you money.

Hopefully we can learn how to trade this method more effectively." - Jiren

Reply With Quote
 
(login for full post details)
  #173 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

Sell off in the ES last two weeks.... any comments on this? Markets has been distributing for a while according to the MACD's on the Daily and 4 hour charts but there was no Leg to reference to the left to know what the level of the big sell would happen from. How does one play a move like this?

Reply With Quote
 
(login for full post details)
  #174 (permalink)
mattwj
Warrington
 
 
Posts: 21 since Mar 2018
Thanks: 8 given, 1 received

On all the versions of the blog, the one just uploaded, another version of the pdf, the website they is always issue 6,16,36 missing, is that just a mistake or why have they been left out.

Reply With Quote
 
(login for full post details)
  #175 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


Eug911 View Post
Sell off in the ES last two weeks.... any comments on this? Markets has been distributing for a while according to the MACD's on the Daily and 4 hour charts but there was no Leg to reference to the left to know what the level of the big sell would happen from. How does one play a move like this?

Lost support to the high, only thing to reference

Reply With Quote
The following user says Thank You to 1zach4 for this post:
 
(login for full post details)
  #176 (permalink)
ShortBus2KoolTek
Portland, OR
 
 
Posts: 1 since Jun 2018
Thanks: 3 given, 0 received


mattwj View Post
On all the versions of the blog, the one just uploaded, another version of the pdf, the website they is always issue 6,16,36 missing, is that just a mistake or why have they been left out.

66 as well. I've been curious about this for a while too. I remember someone asking Dawg about the missing issues, and Dawg saying something along the lines of "some things people have to figure out on their own"

Lots of sixes...

Reply With Quote
 
(login for full post details)
  #177 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


mattwj View Post
On all the versions of the blog, the one just uploaded, another version of the pdf, the website they is always issue 6,16,36 missing, is that just a mistake or why have they been left out.

No mistake there. The issues were intentionally left out by the blog author. If you don't make the process your own by fitting it all together with your own special brand of glue, you won't understand it in the necessary capacity.

Reply With Quote
 
(login for full post details)
  #178 (permalink)
pennystock
San Francisco, CA, USA
 
 
Posts: 9 since Oct 2018
Thanks: 2 given, 0 received

Looks like the archive.org stuff was removed. The PDF has images of charts but they're small and it's hard to tell what's going on. Does anyone have better images used in Kewltech's blog posts?

Reply With Quote
 
(login for full post details)
  #179 (permalink)
Jiren
Chicago + Illinois
 
 
Posts: 6 since Oct 2018
Thanks: 2 given, 6 received


pennystock View Post
Looks like the archive.org stuff was removed. The PDF has images of charts but they're small and it's hard to tell what's going on. Does anyone have better images used in Kewltech's blog posts?

It looks like someone took down Kewltech archived links on Wayback Machine links on purpose to prevent people from clicking the links because the links were working until the pdf was posted here.

I do not believe Kewltech would have done it, and it appears some may have tried to stop people from reading Kewltech's info.

Does anyone here have local copies of the actual web.archive.org links? I can edit the pdf so that they contain the original images if they can post them here or DM me.


mattwj View Post
On all the versions of the blog, the one just uploaded, another version of the pdf, the website they is always issue 6,16,36 missing, is that just a mistake or why have they been left out.


ShortBus2KoolTek View Post
66 as well. I've been curious about this for a while too. I remember someone asking Dawg about the missing issues, and Dawg saying something along the lines of "some things people have to figure out on their own"

Lots of sixes...

On the last page of the Scribd pdf (which you need to download) - on the very last page Kewltech mentions that he left those lessons out on purpose as he said, "some things are better figured out on their own." So yes, it was intentional.

Reply With Quote
The following 2 users say Thank You to Jiren for this post:
 
(login for full post details)
  #180 (permalink)
pennystock
San Francisco, CA, USA
 
 
Posts: 9 since Oct 2018
Thanks: 2 given, 0 received


raidenko View Post
I think the picture quality is overall ok.

Some charts are fine if he's just showing stuff like divergences but when he discusses prices at various dates, it's really hard to see on most of those charts. Compare those images to the ones from the last few issues here: archive.is/emL4h

Your link is the same as Jiren's scribd link which people can also download the pdf from.

Reply With Quote
 
(login for full post details)
  #181 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received

You've got to be able to apply all of this in a practical way which I was never really able to do effectively. I ran across another guy who doesn't trade kewltech but some of the elements are the same and I've actually been able to apply them in my trading, so I signed up for his mentoring and hang out in his chat room during the day now

Reply With Quote
 
(login for full post details)
  #182 (permalink)
2Fast2Good
Atlanta, United States
 
 
Posts: 7 since Mar 2018
Thanks: 2 given, 1 received





Not sure if Spot is allowed in here but this was a quality example of what I'm currently struggling with. In the first chart you have the simple downtrend; lose support, run-down to next un-tested S (still trying to understand how to find these areas to play both ways) but the key part is just retesting support lost, then continuing to new lows and so on so forth which is clear as day in that first picture at-least to me.

But in the second picture you have the larger leg up, where it held S. Would going short based on the first bad be a bad idea since we held the lows on the higher time-frame? Just trying to get a better idea of knowing what kind of momentum is in play and if the short game is still valid.

Sorry if this is a bit scattered but that's really where the holes are in trading for me.

Reply With Quote
 
(login for full post details)
  #183 (permalink)
2Fast2Good
Atlanta, United States
 
 
Posts: 7 since Mar 2018
Thanks: 2 given, 1 received





Here's /ES, same thing. You have the HTF daily levels (2737 & 2700) but you still couldn't get above prev S on the 4HR leg down in the second picture. Just trying to understand how to put both time-frames together.

Reply With Quote
 
(login for full post details)
  #184 (permalink)
picklerick
Tallinn, Estonia
 
 
Posts: 6 since Oct 2018
Thanks: 1 given, 12 received


1zach4 View Post
We used to watch him stream live while he would consistently blow up. If you want to learn from a guy that gets run over constantly and has no idea what he's doing, go right ahead

That being said, the material does cover key points that I also learned from a profitable trader, so all I will say is take the material and learn it in your own way.

The basics of the methods are explained properly in the videos, but as you implied knowing the method is different than executing the method. Also yes, I am aware of videos 2-4 and that person's (aka CJP84 or CJP) sketchy/poor history from posts on reddit. At least those videos (2-4) explaining Kewltech's method in these videos are sound, and good enough to understand Kewltech's method better so I believe there's value from that, and for building one's own method. Note that video 1 is from a different person and displays the basics of Kewltech's ideas in its simplest form and is only 15 minutes long, and should help newbies get an idea of the basics of the method.

Personally, I don't rely on indicators that much like the MACD, and I tend to use RSI/sRSI as secondary confirmation of what I see on the chart. Indicators, as Kewltech suggests, & IMHO, are useful, but should not be used as a crutch i.e. use it to assist, but not to rely on. I do find, however, spotting divergences to be fairly robust for me though.

In any case, if anyone in this thread have videos that shows skillful execution Kewltech's ideas feel free to post them; I think it would be extremely valuable for the group and for beginners to see them as Kewltech's method isn't really that difficult – he's wordy, and I think that's where people get confused, but the basics of the method are simple and that's the value of video trading. The videos I listed at least provide a good base for building interest in the method, and getting a decent to good idea on how people do it .

Reply With Quote
The following 4 users say Thank You to picklerick for this post:
 
(login for full post details)
  #185 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received

The basics of this whole "method" are not unique to the Kewltech blog. The method is what investment banks/proprietary trading desks call micro and macro trend structure.

All truly successful methods of trading will employ the same basic understanding of structure in the markets, but I for one am tired of the Kewltech overlords trolling everyone that trades a price action/structure-based approach and saying they "stole the idea" or are "plagiarizing kewltech"

Get over yourself. Only an egomaniac would think they came up with something new as it relates to market structure. The best "kewltech" traders I know came up with their own strategies or were micro/macro structure traders before they ever heard of kewltech.

I don't see John Bollinger running around Twitter trolling people with Bollinger Bands on their charts, and he actually created Bollinger Bands. Kewltech = market structure = not proprietary = not an original idea

Reply With Quote
The following 2 users say Thank You to 1zach4 for this post:
 
(login for full post details)
  #186 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received

Also, who cares who you learn from, as long as you make money. The entire point of this business is to make money. My mentor has been trolled by Kewltech people before, but he doesn't care because #1: he has no idea who/what kewltech is and #2: his job is to make money, not worry about random people on the internet

I wish you all the best, but I'm officially jumping off of the kewltech bandwagon. There are other people that know how to trade market structure, and they don't have ginormous egos.

Reply With Quote
The following user says Thank You to 1zach4 for this post:
 
(login for full post details)
  #187 (permalink)
 mehmeh 
Miami/USA
 
 
Posts: 18 since Jun 2016


1zach4 View Post
All of this stuff is from *name redacted* on twitter who also runs *name redacted*. We used to watch him stream live while he would consistently blow up

If you want to learn from a guy that gets run over constantly and has no idea what he's doing, go right ahead

That being said, the material does cover key points that I also learned from a profitable trader, so all I will say is take the material and learn it in your own way.


I know these videos are of dopetrades talking about trading charts. Why have you included him with kewltech? As zach said, this is just simple market structure being explained. Also, I used to watch dope stream and I never saw him blow up his account. I did see him lose money in a couple of bad streaks, but blow up? If he has no idea what he is doing, then how does he know/cover key points that you learned from a profitable trader? Did you learn from him? Dope accurately called the bitcoin crash from like 15 or 16,000. That's how I found out about him. Are you suggesting that he got lucky? Really though, I don't see how this has any relation to kewltech.

Reply With Quote
 
(login for full post details)
  #188 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


mehmeh View Post
I know these videos are of dopetrades talking about trading charts. Why have you included him with kewltech? As zach said, this is just simple market structure being explained. Also, I used to watch dope stream and I never saw him blow up his account. I did see him lose money in a couple of bad streaks, but blow up? If he has no idea what he is doing, then how does he know/cover key points that you learned from a profitable trader? Did you learn from him? Dope accurately called the bitcoin crash from like 15 or 16,000. That's how I found out about him. Are you suggesting that he got lucky? Really though, I don't see how this has any relation to kewltech.

Did I suggest he got lucky? No. I've watched him stream plenty of times. He doesn't lose because he doesn't know market structure, he loses because he doesn't manage risk properly.

I don't care if he's related to kewltech or not, I want nothing to do with that crew, but I can point out his poor trading skills.

Trading knowledge does not = trading skill

and being able to "call" trades does not = being able to execute.

Please leave me out of further kewltech conversation, I'm perfectly happy with my trading and don't want the hounds of kewltech being sent after me for writing on a message board.

Reply With Quote
 
(login for full post details)
  #189 (permalink)
 mehmeh 
Miami/USA
 
 
Posts: 18 since Jun 2016


1zach4 View Post
Did I suggest he got lucky? No. I've watched him stream plenty of times. He doesn't lose because he doesn't know market structure, he loses because he doesn't manage risk properly.

I don't care if he's related to kewltech or not, I want nothing to do with that crew, but I can point out his poor trading skills.

Trading knowledge does not = trading skill

and being able to "call" trades does not = being able to execute.

Please leave me out of further kewltech conversation, I'm perfectly happy with my trading and don't want the hounds of kewltech being sent after me for writing on a message board.

I agree with you about the risk mgmt. I respect your request as well. Is there a way I can speak with you personally or via DM somewhere?

Reply With Quote
 
(login for full post details)
  #190 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


mehmeh View Post
I agree with you about the risk mgmt. I respect your request as well. Is there a way I can speak with you personally or via DM somewhere?

You can DM me on here

Reply With Quote
 
(login for full post details)
  #191 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,009 since Jun 2009
Thanks: 32,469 given, 98,303 received

Hi,

A copyright claim was received from Traders Underground pertaining to the scribd PDF link. Multiple posts quoted this link, so we've had to delete those as well.

We do not allow linking to or posting copyrighted material. Do not do it again.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #192 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received

Funny, considering that last part of the PDF was blatant plagiarism of the original blog which was free for all.

Reply With Quote
The following user says Thank You to Eug911 for this post:
 
(login for full post details)
  #193 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


Eug911 View Post
Funny, considering that last part of the PDF was blatant plagiarism of the original blog which was free for all.

And yet none of it is plagiarism or a copyright violation because it's all just market structure.

When will people learn this stuff is public domain. Hedge funds, investment banks, etc hire quants specifically to program/trade micro and macro trend structures as described by kewltech and the person claiming copyright infringement.

No one owns the idea or copyright on how markets move, yet everyone wants to claim they came up with it lol

My mentor got trolled by more kewltech people again this week and I saw a former goldman pm getting attacked on twitter for explaining how he trades because someone said it sounded like kewltech.

Did anyone ever stop to think about where kewltech got his info? Hint: he didn't just create it out of thin air.

Reply With Quote
 
(login for full post details)
  #194 (permalink)
Eug911
Thailand
 
 
Posts: 43 since Feb 2017
Thanks: 11 given, 20 received


1zach4 View Post
And yet none of it is plagiarism or a copyright violation because it's all just market structure.

When will people learn this stuff is public domain. Hedge funds, investment banks, etc hire quants specifically to program/trade micro and macro trend structures as described by kewltech and the person claiming copyright infringement.

No one owns the idea or copyright on how markets move, yet everyone wants to claim they came up with it lol

My mentor got trolled by more kewltech people again this week and I saw a former goldman pm getting attacked on twitter for explaining how he trades because someone said it sounded like kewltech.

Did anyone ever stop to think about where kewltech got his info? Hint: he didn't just create it out of thin air.


I hear you and agree with what you are saying, but the last part of that PDF that was removed, the one that apparently belongs to the person who submitted the copyright claim here on futures.io is literally a paraphrasing of the original blog. If something like that was submitted as a paper in university, he would have been expelled from the school. In the PDF that was posted he gave credit in the start to the original content but this is something that is also sold as a course on his website ... and it makes you wonder if that original credit is given there as well (It may be, I am just speculating here). It's one thing to teach market structure, and another thing to take somebody else's work which was free for all in the first place and re-dress it up and sell it for money.

I am guessing this is one of the reasons that the original content was taken down. It's too bad.

Reply With Quote
The following user says Thank You to Eug911 for this post:
 
(login for full post details)
  #195 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


Eug911 View Post
I hear you and agree with what you are saying, but the last part of that PDF that was removed, the one that apparently belongs to the person who submitted the copyright claim here on futures.io is literally a paraphrasing of the original blog. If something like that was submitted as a paper in university, he would have been expelled from the school. In the PDF that was posed he gave credit in the start to the original content but this is something that is also sold as a course on his website ... and it makes you wonder if that original credit is given there as well (It may be, I am just speculating here). It's one thing to teach market structure, and another thing to take somebody else's work which was free for all in the first place and re-dress it up and sell it for money. I just find the Irony funny that is all.

The pdf I saw had the entire blog in it, and that pdf was his course material, so I think he was giving credit to his source material. I get all sides of the argument...he is claiming infringement on his interpretation of the blog, yet the blog could claim infringement on his source material....

This is why I dont talk to kewltech people about trading anymore. I was taught how to actually implement these ideas by someone that knows structure and has never read some blog written by a canadian on blogspot, but if you even say the words support lost/gained/leg = you must've stolen it from kewltech or dopetrades

Reply With Quote
The following user says Thank You to 1zach4 for this post:
 
(login for full post details)
  #196 (permalink)
 mehmeh 
Miami/USA
 
 
Posts: 18 since Jun 2016


Eug911 View Post
I hear you and agree with what you are saying, but the last part of that PDF that was removed, the one that apparently belongs to the person who submitted the copyright claim here on futures.io is literally a paraphrasing of the original blog. If something like that was submitted as a paper in university, he would have been expelled from the school. In the PDF that was posed he gave credit in the start to the original content but this is something that is also sold as a course on his website ... and it makes you wonder if that original credit is given there as well (It may be, I am just speculating here). It's one thing to teach market structure, and another thing to take somebody else's work which was free for all in the first place and re-dress it up and sell it for money.

I am guessing this is one of the reasons that the original content was taken down. It's too bad.



I guess you guys haven't read any trading books written? Copying something word for word and posting it on a site for money is highly illegal. Paraphrasing is subjective. Writing anything about market structure, is exactly what Zach said...not an original idea. The individual that wrote the kewltech website probably doesn't want his private blog in a pdf somewhere. As Zack also stated... where do you think Kewltech got his information? Would you complain if Kewltech sold his information? Read any book published by Wiley trading company, how many books will you read about support and resistance that basically paraphrase each other?

Reply With Quote
 
(login for full post details)
  #197 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received


mehmeh View Post
I guess you guys haven't read any trading books written? Copying something word for word and posting it on a site for money is highly illegal. Paraphrasing is subjective. Writing anything about market structure, is exactly what Zach said...not an original idea. The individual that wrote the kewltech website probably doesn't want his private blog in a pdf somewhere. As Zack also stated... where do you think Kewltech got his information? Would you complain if Kewltech sold his information? Read any book published by Wiley trading company, how many books will you read about support and resistance that basically paraphrase each other?

Exactly.

Who cares if you pay for training or sell training as long as you didn't just copy/paste someone else's work and claim it as your own and the end-user sees benefit from the training.

I paid for training after failing to make kewltech work for me, and it worked for me, so no shame in that

Reply With Quote
 
(login for full post details)
  #198 (permalink)
 mehmeh 
Miami/USA
 
 
Posts: 18 since Jun 2016


1zach4 View Post
Exactly.

Who cares if you pay for training or sell training as long as you didn't just copy/paste someone else's work and claim it as your own and the end-user sees benefit from the training.

I paid for training after failing to make kewltech work for me, and it worked for me, so no shame in that


I would be willing to pay you for training if it's affordable for me. Is this something you are willing to do?

Reply With Quote
 
(login for full post details)
  #199 (permalink)
1zach4
Tampa, FL
 
 
Posts: 51 since Feb 2013
Thanks: 3 given, 20 received

.

Reply With Quote
 
(login for full post details)
  #200 (permalink)
 mehmeh 
Miami/USA
 
 
Posts: 18 since Jun 2016


1zach4 View Post
I don't train people, I was trained by my mentor

Is he taking on new clients?

Reply With Quote


futures io Trading Community Trading Reviews and Vendors > Price Action Kewltech Style


Last Updated on April 7, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts