The Markets, Trading & Charts Thread

[kevsta]

Since no one seems to understand or get much out of your posts and charts, myself included, perhaps you aren't explaining things well? You seem to be utterly convinced of something, but I'm not sure exactly what.

I have considered this possibility. maybe people might also consider that it took me a long time to be able to look at charts and immediately insert the cycle and critical lines. A long time, months and months before it started to become reliable with future movement.

but as I had also previously spent months and months getting continually getting dragged backwards the wrong way in never-ending cycles (lulz) I could however immediately see it on their charts when drawn, and we don't seem to be getting that far. and, yes, that's fair comment, and is about right, definitely *something* going on here

Please do. I haven't laughed so hard in years!!!

If I were wholly convinced this were human, my answer would be something along the lines of savages, playstations and all that. lets face it, you cannot train a monkey to play a piano, they're just better with bananas and their nuts.

however I think this is more likely how it works, this is roughly how I would code it anyway. have any of you seen text spinning software before?

[Run;Loop:1-3;Spin]
[If PostValue<10 then:Repeat]
1. [It is|What a load of|You're talking]Nonsense]
2. [Warren Buffet|Charlie Monger|Forbes 400 position]
3. [How do I use browser search]
[ElseRevertto:FallbackCycle]
[FallbackCycle:InsertLaughingDog]

I might have it made for a laugh, register it here, say call it "The Central Scrutinizer's Mum" and have it track his posts and reply to each while running its very own cycles of 3.

actually, as that probably contradicts the TOS here and Im on a final warning as I recall I better just clarify that (registering the bot) is in fact said in jest, it was just another suggestion from some of my "helpful" friends. it would be quite funny though and would add at least equal value to discussions.

maybe just give it it's own twitter account instead then.

 

[The Central Scrutinizer]

Since no one seems to understand or get much out of your posts and charts, myself included, perhaps you aren't explaining things well?

It's also possible that it's because there's nothing to explain.

 

[kevsta]

It's also possible that it's because there's nothing to explain.

[That's|Maybe]because it's [Nonsense|Rubbish|Wrong]

will spin 6 times thus:

That's because it's Nonsense
That's because it's Rubbish
That's because it's Wrong
Maybe because it's Nonsense
Maybe because it's Rubbish
Maybe because it's Wrong

add this to the end: and [there's nothing to explain|he's insane]

and we get 24 variations. that's way too much isn't it, I need to think simpler.

 

[kevsta]

the argument that there is no 3 wave cycle present, is not one I've even heard before, to be absolutely honest. there is "skepticism" and then there is just straight out denial of well known facts, observed since time immemorial, pretty much

The whole Elliot Wave Theory http://en.wikipedia.org/wiki/Elliott_wave_principle is based upon the long-known observation, as far back the 1920's.

The argument is also faintly ridiculous if you have ever actually watched flickering price action when the pushes come, you get 3 distinct surges, with pullbacks in between, perhaps that's not visible to you on static charts, and where I take it for granted people know what a pin through an expected line means and how it looked at the time, you don't. I have tried to show this on multiple occasions, but apparently not.

Elliot spent his entire career trying to explain and master what he could see but his problem is that the waves in his system are primarily visible only after the fact and you are forever wondering if its some B wave retracement or the big one back down again.

it also does not really look at horizontal levels much, has anyone wondered what retail traders might call some of my lines I draw as "High Probability Lines" ?

that would likely be support and resistance to them. that's why manipulation there, is such a high probability. along with at Fib lines, pivots, trendlines, moving averages etc etc.

when we have several of these retailtraderp*rn lines at or around the same place, the probability gets much higher. that's what you are usually looking at on my red lines.

 

[The Central Scrutinizer]

I have to admit, the returns on your pretend money certainly seem impressive. Have you done any research to see how you stack up against other make-believe investments?

 

[John Jones]

Please do. I haven't laughed so hard in years!!!

Never happened.

 

[AdMan]

the argument that there is no 3 wave cycle present..

<boring nonsensical crap snipped>

Yawn.

Can you cut to the chase? How many actual millions have you made so far? I'm sure given your boasts that you have a historical comparison for a few years against an average market return to demonstrate how vastly superior your strategies are.

Let's see it. Let's see some actual predictions, too.

Put up or shut up.

 

[kevsta]

Yawn.

Can you cut to the chase? How many actual millions have you made so far? I'm sure given your boasts that you have a historical comparison for a few years against an average market return to demonstrate how vastly superior your strategies are.

Let's see it. Let's see some actual predictions, too.

Put up or shut up.

Ok, I am wasting my time here I think. Lolcats for you lot then.

the intelligentsia eh bwahahahaha degrees not helping you much now are they.

 

[kevsta]

Never happened.

I could easily stick in a 2nd fallback (after the dog) on the bot. it would make seem to sense to have it sniggering away in the corner to itself inbetween outbursts.

I was thinking about programming it in a slightly more Tourettes style.

 

[kevsta]

Yawn.

Can you cut to the chase? How many actual millions have you made so far? I'm sure given your boasts that you have a historical comparison for a few years against an average market return to demonstrate how vastly superior your strategies are.

Let's see it. Let's see some actual predictions, too.

Put up or shut up.

really, this is the kind of answer I would expect from a five year old. I wonder about the mental faculties of many here, but maybe you're all older than I can know and time is doing it's thing to the ol' grey matter.

there's one of you I have told at least 5 times that US tax laws do not apply to me, but like another pre-programmed loop, out it comes again every ten posts anyway.

you in particular should be able to remember at least as far back as End April when demo testing finished and I had to take some time out before restarting live in June.

Things I have never claimed

1. I am a millionaire.
2. I am anything other than a numpty noob trader, by what I consider highly skilled standards
3. I can win any more than 50/50
4. I am going to make any kind of predictions other than daily red & blue line predictions. (peppered through the thread from page 1. how'd I do? )

Things I have claimed.

1. I can see something and trade from it profitably.
2. Not a single one of you could keep in the green after a few trades.

unlike you, I would be MORE than happy with seeing profitable demo results from any single one of you, because I understand that it makes no difference and demo will whoop your butts exactly the same as real and teach you exactly what I have been trying to. and it will do it to you, over and over and over again. because all your degrees have prepared you for is average retail trader status. you are all more than qualified for that I fear.

TRY IT. PUT UP OR SHUT UP YOURSELVES.

 

[timhau]

Things I have claimed.

1. I can see something and trade from it profitably.

Then you got to ask yourself: Are you out to make money, or convert anonymous people on an internet forum?

 

[kevsta]

Then you got to ask yourself: Are you out to make money, or convert anonymous people on an internet forum?

yes I know, thank you. however as I have also consistently said I was primarily asking for help or thoughts on observations, and maybe somebody who knows more about leverage and real market mechanics than me to poke holes in the theories that seem to fit the observed events, but not really expecting just outright denial of basic market principles from the get go.

 

[psionl0]

really, this is the kind of answer I would expect from a five year old. I wonder about the mental faculties of many here, but maybe you're all older than I can know and time is doing it's thing to the ol' grey matter.

I think that at least some of the hostility you are getting is because many of the posters are nearly as stupid as I am.

Near as I can make out, you are looking for a certain pattern to appear in the price charts and when it appears, you buy or short accordingly. However I can't make out what pattern you are looking for. All I can see on your charts are arrows, lines and cryptic comments. I can't tell when you decide it is time to end the particular buy/short and I can't for the life of me see how this is any different from "algorithmic trading".

Have you got a "Dick and Jane" version of what you are doing?

 

[timhau]

Have you got a "Dick and Jane" version of what you are doing?

I think it's been asked for, and it hasn't been given. Maybe it's just me, but that usually makes me suspect that instead of a foaming pint of beer, what's being served is a pint of foam.

I also haven't seen anything that resembles what I'd call "basic market principles" here, but again, maybe it's just me.

 

[kevsta]

I think that at least some of the hostility you are getting is because many of the posters are nearly as stupid as I am.

Near as I can make out, you are looking for a certain pattern to appear in the price charts and when it appears, you buy or short accordingly. However I can't make out what pattern you are looking for.

All I can see on your charts are arrows, lines and cryptic comments. I can't tell when you decide it is time to end the particular buy/short and I can't for the life of me see how this is any different from "algorithmic trading".

we are looking for the "pattern" we perceive as "manipulation", which whether it is, or is not, intentional, is the point where the price turns, having first taken as many retail stoploss orders in the other direction as it can.

the fact that retail traders are being mugged at the turns is indisputable, so we are watching and waiting for the "stoprun" pattern, to happen in the specific places that we perceive retail traders to have their stoplosses, and only after that happens, would we take the trade.

and it is not pattern specific really as candle patterns are infinitely variable, but it is without doubt level-specific, we need to see the price push into an area the 90% all have their stoplosses, take their orders and reverse hard, in line with our expected cycle.

like this in fact, last weeks AUD trade and I quote:

how many of the retail traders laughed at the utter cheek of the game and calmly took it again immediately, because they recognize the game move? not many, I would also wager?

the point is, that I have high confidence in the high probabilities of these trades, over time.

it did that there, including my early stoploss (a long is a "buy" therefore when you get stopped out you sell. that is a "sell order", and SM is now buying, so needs as many as possible prior to trend starting) price had already hit all the sells, (stoplosses from the early longs, and new retailers shorting the bottom again) so the only way was up.

fundamentally it's very simple. execution is another subject.

Have you got a "Dick and Jane" version of what you are doing?

I think it's been asked for, and it hasn't been given. Maybe it's just me, but that usually makes me suspect that instead of a foaming pint of beer, what's being served is a pint of foam.

I also haven't seen anything that resembles what I'd call "basic market principles" here, but again, maybe it's just me.

ok, apologies, I haven't seen that asked for like this, but if I missed it, sorry.

"Basic Market Principles" were covered extensively in the first few posts, and again here, where I asked people who wanted to at least try to understand what I am talking about and who didn't currently to:

If you are reading this and not really familiar with basic market principles, this document, up until about page 25ish when it starts to get trading specific is essential reading http://vsa.pipbuilders.com/mtmv3.pdf

so 3 pages later I wouldn't usually expect people to be arguing about things in ignorance, without having read it. in that post I also talked you through the process in action currently, on Apple. An Apple short had already been predicted (as a future trade) and taken as a successful trade by then. and it has continued to do exactly what I was looking for ever since.

so if the above Jack and Jane isnt good enough, could you be a bit more specific about exactly what you dont understand?

 

[AdMan]

we are looking for the "pattern" we perceive as "manipulation", which whether or not it is, or is or not, intentional, is the point where the price turns, having first taken as many retail stoploss orders in the other direction as it can.

the fact that retail traders are being mugged at the turns is indisputable, so we are watching and waiting for the "stoprun" pattern, to happen in the specific places that we perceive retail traders to have their stoplosses, and only after that happens, would we take the trade.

Etc...

Utter nonsense.

Enjoy your palmreading.

 

[kevsta]

Ok, how about this, I dont think I can really put it more concisely.

I am not making my decisions by watching charts. I am making them by watching retail traders, watching their charts and indicators support, resistance etc, waiting for them to lose spectacularly en masse, then hopping onto the freight train that ran them down as it trundles past.

hows that?

 

[kevsta]

Utter nonsense.

Enjoy your palmreading.

prove it. or anything in fact. take my open challenge to all you brainboxes for $50 and humiliation for me, it's all free and will take you 20 seconds to download and get a demo. $100k demo + 20 trades @ 1% risk, and still be positive, and I will absolutely on my dogs lives send you $50 by Paypal.

otherwise your talk is cheaper than mine, because I have figures and countless examples. I have put my predictions out here. what have you done?

you have nothing but ignorance on the subject.

or if you dont like the lesson, just skip school, hows that?

 

[AdMan]

unlike you, I would be MORE than happy with seeing profitable demo results from any single one of you, because I understand that it makes no difference and demo will whoop your butts exactly the same as real and teach you exactly what I have been trying to. and it will do it to you, over and over and over again. because all your degrees have prepared you for is average retail trader status. you are all more than qualified for that I fear.

TRY IT. PUT UP OR SHUT UP YOURSELVES.

I just read this. This is *********** hilarious.

I am not doing this with play money, as you are.

 

[AdMan]

Things I have never claimed

1. I am a millionaire.
2. I am anything other than a numpty noob trader, by what I consider highly skilled standards
3. I can win any more than 50/50

Despite all your apparently highly successful charting examples? How's that?