samsammy

Judgement Time.
I have been watching the ichimoku system live - for few days- and i believe now that is very very good.
So first I want to thank Ganymed for starting this wonderful thread, cashmanic, indicart, laser, santosh and JD for sharing such valuable infor with all of us.
The ichimoku looks threatening and confusing when you first look at it but once you read and understand what each component function is- you understand that it is very smart and actually a genius work.
I would stay away from the big thick book - very bad , boring and black and white tradestation pictures- horrible, i would suggest to read the short wiki one and the other short forext whatever even though his language is not perfect.They are both short and to the point- no need for anything else.
 
The ichimoku method generates 5 types of signals ( read the books- only 37 pages for the wiki) some are good and some are bad but very easily filtered.
 
I decided to adopt it on my renko 1-1 and 2-1 chart. It gives you a very good visual perspective of whats going on and also prevents you from getting stuck in the woods... for example- shorting above the kumo- cloud etc.
 
The only advice i can give you- it might sound lame or simple - but you have no idea how important it is.
 
I'll begin with a statement- EVERY INDICATOR WORKS - even a simple moving average.
 
The problem is- AT WHICH TIMEFRAME ?
Let me elaborate- lets assume that we have a dream day of huge and long moves and since we started trading only today we only got to the simple moving average so we buy and sell when the market goes above/ below it.
Lets face it- we would make a fortune that day.But then next day the moves are only 2 points size and by the time we enter its already too late and we keep getting killed till we go out of business- sounds familiar.
At the end of the day we look back and we say- oh- the system was great but the time frame was wrong- so we optimize and try again next day and again and again- let me tell you- YOU WILL LOSE.
The reason why is very simple- the market changes its time frames because it moves in waves within waves within waves and its very touch to see them all and update and change the time frame. some people adjust their inputs by the atr- or volatility- but again- if the market is choppy you will lose.
 
Bottom line-
 
Use the ichimoku but visually watch the legs and volume. if the volume is less that 4000 lots per minue on a 1 minute chart- you wont get big and long moves which means you can watch the ichimoku on a renko 2-1, if the volume is less than 2000 per minute - you can easily trade on the renko 1-1- but if its high with big legs then use the renko 4-1 for trading.
THROW AWAY ALL YOUR INDICATORS and focus on the way the legs look.
 
I am doing something else here- i am sharing here MY ENTIRE SETUP so you can see the components- no need for anything else.
There are 2 screen so if the image doesnt get there here is the link for the entire setup.
Take care and hope that helps
Traderbeauty Jane
 
/////////////////////http://i.imgur.com/p89Eejn.png/////////////////////
 
http://i.imgur.com/p89Eejn.png

hi guys, the linked pdf for the cloud charts book above is just a few pages.. basically the first page of each chapter.
if anyone is interested in the full book, go here:
 
http://k2s.cc/file/096c60a43dcc0/0956517102_cloud.pdf

Ouch! My bad! ~X( Terribly sorry for that.I must have absent mindedly uploaded the abridged version instead of the full one, but sam thanks man for picking up on that and for your upload.:)

hey cash, no problem... glad I could help.
and thank you for bringing the book to our attention.

hi guys, the linked pdf for the cloud charts book above is just a few pages.. basically the first page of each chapter.
if anyone is interested in the full book, go here:
 
http://k2s.cc/file/096c60a43dcc0/0956517102_cloud.pdf

hi guys, the linked pdf for the cloud charts book above is just a few pages.. basically the first page of each chapter.
if anyone is interested in the full book, go here:
 
http://k2s.cc/file/096c60a43dcc0/0956517102_cloud.pdf

hi guys, the linked pdf for the cloud charts book above is just a few pages.. basically the first page of each chapter.
if anyone is interested in the full book, go here:
 
http://k2s.cc/file/096c60a43dcc0/0956517102_cloud.pdf

hi guys, the linked pdf for the cloud charts book above is just a few pages.. basically the first page of each chapter.
if anyone is interested in the full book, go here:
 
http://k2s.cc/file/096c60a43dcc0/0956517102_cloud.pdf

Friends,
I read the recent Indo-Investasi Wyckoff thread with great interest and am pleased to see the strong interest in Wyckoff methodologies.
http://indo-investasi.com/showthread.php/25214-Wyckoff
 
Well let me check my DVD discs for any Wyckoff related material that I may have.If you have an interest in Wyckoff, good on you! I dare say it will be time and effort well spent.
Wyckoff techniques can be very profitable if you know how to implement it's logic into your trading system. But Wyckoffian logic has a long and complex learning curve, however it's definitely worth the effort and time to learn and study. So if you have the opportunity to learn from Wyckoffian experts like Weis, Dayton and the master Richard himself,then you should grab the opportunity.Like I said, it will prove to be a worthwhile,even noble and probably lucrative effort.
 
Firstly here's the Weis-Wave 2.01 plug-in for NT7
WeisWave-ninjatrader.zip
https://www.sendspace.com/file/vmf3bu
 

It was educated or uploaded to II way back when. My gratitude and thanks to whoever it was.I am also going to include the well acclaimed Weis Wave Training Webinar to supplement the indicators And I have also included the accompanied pdfs Where to Find Trades and Springs pdfs .....as advertised here http://weisonwyckoff.com/weis-wave/
 
Secondly here's the webinar and supplemental pdfs.
http://www.sendspace.com/filegroup/%2BnkAADAU4Ry30HA0jezsJPVgZBAQiejk

And I have read that some of you are looking for the Wyckoff Bar by Bar Analysis and the hard to find new book Trades About to Happen both by Dr.Gary Dayton. Trades About to Happen wasn't easy to find
online in ebook format.I have included both books for your study and perusal.
To make it an inclusive package for Wyckoff study, I have also included the Weis Intro to Weis Waves,the Wyckoff-Studies in Tape Reading, Analyzing Trends using Wyckoff Method, The Wyckoff Spring and the favored Richard Wyckoff's Day Traders Bible.
Thirdly and finally,
Here are inclusive WeisWyckoffebooks.zip
https://www.sendspace.com/file/6ncb4t
 
 
Hope you all enjoy the material.
 
Cheers!:)
Cash,

So here is the answer how i derive these numbers.
You can see the daily chart ( actually its 1440 minutes- as per Admis advice - this way we see the daily with the overnight activity).
If you remember- and if not just look at previous posts- i got out of my shorts and reversed to longs at 1892.5 - because it was a perfect 50% fib retracement on a daily level.
I need to repeat here something which is very important and is worth way more than all these worthless indicators-
when i see a 50 fib retracement- most of the times - i would say 80-90% my target is AT LEAST 1.272 extension but MOST LIKELY 1.618.
I got out of my longs too early at 1960 - but you cant blame a girl for taking almost 70 points profit lol. ( btw- i was doing each one of the calls either in real time- check the time stamp - or attached a broker report) - the right thing to do in trading is to forecast AHEAD OF TIME and not after the fact.
So the theoretical target is the 1.618 which is 2044.50 but ... and here i make the mistake of being a judge and a prophet- i do not believe that the market will get there.
And that is how i play the countertrend game play.
I shorted 1 lot at the double top 1895.50 , will add at the 1.272 and another one at the 1.618- all these with no stops - so please do not try that at home. EVEN IF the market will get to 2046.25 IT WILL go down to 1968.25 ;. my average is going to be 2013.75 multiply that by 45.5 points that is a net profit of $6825- not bad for practically doing nothing. i have all my entries and exits and i will ignore any consolidation noise.
now- if you look at the volume you can see that the market is going up with very low volume which is bogus - i dont care because in my daytrding account i take a long every time we have a deep enough retracement.
now let me spell it- if the market stops here and goes down from 112.80 ( see image ) then i hold my shorts till we get to 88 fib.
if it goes down from the 1.272 then my target is 61.8 and if it goes to the 2044 - my target is 50 fib.
if the market goes nuts and goes to the 1.918 then i will add there and exit at the 38 fib STILL with nice profit.
 
As i said before- this is a REAL TIME AHEAD FORECASTING that i share with you- calling the numbers WAY AHEAD OF TIME not after-
The only way to know if these is any interest and i am not wasting my time is by watching your response of THANKS BUTTON. so if you want me to continue push this button so i know .
Take care
Traderbeauty-Jane
 
http://i.imgur.com/g2NsjES.jpg

will answer all questions later today after the close so i can attach a daily chart with volume.
The 2011.5 is exactly the 1.272 fib extension of the last leg.
Wizard- thanks for your charts but did not really understand- we are in an uncharted area right now- these are new highs so there is no previous highs or lows in the current levels.
in the meantime- no sense to be cute or smart- no need to be a genius or try to guess the market- JUST DO WHAT THE MARKET IS TELLING YOU TO DO and so far its is saying GO LONG.
in order to reduce your risk you need to wait for a nice retracement BEFORE you go in, look fr previous supports and if the legs on the 2-1 renko are too small then just ignore them and do not go in.
jane
jane

if there is interest i can post later some day trading entries from today using hardly any indicators - just fibs and renko- navi

I have to tell you that nasty remarks like his are causing actually the opposite- meaning to post some more nice analysis using no indicators.
I still believe that the ES is a very good medium but again- its my humble opinion only.
I added to my method a 1-1 renko spectrum and in reality I can see almost every move in the ES makes no difference if the market is choppy, sideways or fast going one sided. .
Its amazing how perfect the es is behaving most of the times.
For example- when you see that ( for an up move ) we get one tick above the previous
http://imageshack.com/a/img12/4096/ihr0.jpg
just see the above image- this is amazingly strong setup and is working almost 90% of the time.
If you combine it with the location that you are getting it then its almost 100% ( almost ).
I would do an entire day or a big chunk of a day but it takes me forever and then i have to "enjoy" some "pleasant" posts by some members - whatever...
What I really want to do is to post a perfect analysis with no indicators to GAVESTO's great post with his indicators on the CL using Jay's indicators if i am not mistaken.
That was a choppy and consolidating day which ended as a big loser day.
Using my method of just reading the market, using a little fib analysis and using the renko spectrum 6-2 as an entry/ exit signal ; would have netted a very nice positive winning day including areas and locations where its very simple NOT to enter.Would love to do so but again- I am hesitating and dont want to hurt anybody's feelings or trading macho.
One more idea that has been lingering in my thoughts is maybe to run a room where members only can watch my trades and entries live- in real time.
Obviously i will not be able to explain but definitely all my trades are LIMIT AHEAD of time with stops of 2-3 ticks max. ( ES ) while targets are 1-6 points.
Again I am not sure if this goes side by side with the rules and regulations of our amazing site and not sure what some might say about it so I would like some feedback.
here is my entire setup; as you can see i hardly use any indicators- i just like to see the volume indis to make sure that i am not hitting my head into the wall.
http://imageshack.com/a/img23/4997/8o7q.png
I see that it did not catch the entire a screens so here is the link
/////http://imageshack.com/a/img23/4997/8o7q.png/////
As you can also see- i added very small charts of the YM ,TF and NQ that help me many times to confirm what i think is the right direction or warn me that I am going to make a mistake and should not enter in my predicted direction.
Would love to hear what everyone has to say.
Thank you all for your valuable and amazing help and sharing.
Traderbeauty- Jane

i found the ela text:- as far as i know it was not converted to ninja------
 
[LegacyColorValue = true];
 
inputs:
PriceActionFilter(1),
TransColor1or2or3(1),
UseZeroLag(False),
CCIAvgLen( 20 ),
CCISmooth1( 3 ),
CCISmooth2( 5 ),
StochLength1(5),
StochLength2(3),
StochLength3(3),
UpColor(Green),
DwnColor(Red),
PlotWidth(2);
 
{****************************************}
 
variables:
Price(0),
First(0),
Second(0),
Curve1( 0 ),
Curve2( 0 ),
Zscore( 0 ),
OverBought(80),
OverSold(20),
Switch(0),
KFast(0),
KFull(0),
DFull(0),
LL(O),
HH(0),
Dira(0),
Dira1(0),
Dirb(0),
Dirb1(0),
ZL1(0);
 
{****************************************}
 
Price = SmoothedAverage(Close,PriceActionFilter);
 
First = (Price-Average(Price,CCIAvgLen));
Second = (StdDev(Price,CCIAvgLen));
 
If Second = 0 then Second = .001;
 
ZScore = (First/Second);
 
Curve1 = Average( ZScore, CCISmooth1 ) ;
Curve2 = Average( Curve1, CCISmooth2 ) ;
 
{****************************************}
 
LL = Lowest((High+Low)/2, StochLength1);
HH = Highest((High+Low)/2, StochLength1);
 
KFast = 100 * IFF(HH-LL=0,0,(((High+Low)/2) - LL)/(HH- LL));
KFull = Average(KFast, StochLength2);
 
DFull = Average(KFull, StochLength3);
 
ZL1 = Zero_Lag(Average(Kfast, StochLength2), StochLength1);
 
{****************************************}
 
SetPlotWidth(1,PlotWidth);
SetPlotWidth(3,PlotWidth);
 
{****************************************}
 
Plot1( 1,"CCISmoothBar");
Plot2(-2,"Spacer");
Plot3(-1,"StocasticBar");
Plot4( 2,"Spacer");
 
{****************************************}
 
If Curve1>Curve1[1] Then Dira=1;
If Curve1<Curve1[1] Then Dira=-1;
 
If TransColor1or2or3 = 2 and Dira>0 Then SetPlotcolor(1,UpColor);
If TransColor1or2or3 = 2 and Dira<0 Then Setplotcolor(1,DwnColor);
 
If TransColor1or2or3 = 1 and Dira>0 Then SetPlotcolor[1](1,UpColor);
If TransColor1or2or3 = 1 and Dira<0 Then Setplotcolor[1](1,DwnColor);
 
If TransColor1or2or3 = 3 and Dira>0 Then SetPlotcolor(1,UpColor);
If TransColor1or2or3 = 3 and Dira<0 Then Setplotcolor(1,DwnColor);
 
If TransColor1or2or3 = 3 and Dira>0 Then SetPlotcolor[1](1,UpColor);
If TransColor1or2or3 = 3 and Dira<0 Then Setplotcolor[1](1,DwnColor);
 
{****************************************}
 
If UseZeroLag = False then Begin
If KFull>KFull[1] Then Dirb=1;
If KFull<KFull[1] Then Dirb=-1;
End;
 
If UseZeroLag = True then Begin
If ZL1>ZL1[1] Then Dirb=1;
If ZL1<ZL1[1] Then Dirb=-1;
End;
 
If TransColor1or2or3 = 2 and Dirb>0 Then SetPlotcolor(3,UpColor);
If TransColor1or2or3 = 2 and Dirb<0 Then Setplotcolor(3,DwnColor);
 
If TransColor1or2or3 = 1 and Dirb>0 Then SetPlotcolor[1](3,UpColor);
If TransColor1or2or3 = 1 and Dirb<0 Then Setplotcolor[1](3,DwnColor);
 
If TransColor1or2or3 = 3 and Dirb>0 Then SetPlotcolor(3,UpColor);
If TransColor1or2or3 = 3 and Dirb<0 Then Setplotcolor(3,DwnColor);
 
If TransColor1or2or3 = 3 and Dirb>0 Then SetPlotcolor[1](3,UpColor);
If TransColor1or2or3 = 3 and Dirb<0 Then Setplotcolor[1](3,DwnColor);
 
{****************************************}

Trading is not a black and white or red and blue act.
The market is composed out of legs.
The market is either going up or down and as dumb as it sounds it is the true.
As long as you have a fib extension or 1.272 or more that means that the trend is alive and you should continue with the market direction on any retracement.
Once you have a smaller extension that means that either we have a reversal or a more deep retracement- normally equal to the last leg- meaning symmetry.
You should not try to create dry rules or entering the next bar or this bar etc.
you need to look and judge and decide and that is why i highly recommend to trade the ES because you have more than enough time to made the right decision.
I use a 1 renko spectrum chart so when I forecast a possible scenario 9 for example going long at 61.8 fib retracement ) I look at the 1 chart and wait till it confirms by making a miniature h-h and h-l - that is when the volume is low, ; if that happens close to the open you cannot really wait for a confirmation- just wait for the market to slow down and consolidate around your entry and just go in.
If enough people will show interest then i will go more in depth and etails.
Hope that helps
Traderbeauty-Jane

Hello Trader Friends.
Wanted to thank again everyone that is helping and sharing and giving ideas.
So what is JTMI scalper- J is Jane, T is Traderbeauty , M is Mechanical, A is Adaptive to the market conditions and I is for *****s ( no pan intended - just wanted to create an impressive name lol ).
since I am a full time trader , its hard for me to post during the day so i use the weekend as an opportunity to help or at least try to help others.
First- let me warn you- do not use this method live unless you traded paper for few weeks with no losses.
http://imageshack.com/scaled/large/51/6evq.jpg
This is no magic or anything new but there are many rules and pointers that will prevent you from entering at the wrong time or place.
This is a plain 2-1 ticks renko spectrum with only the zigzag UTC on it just to clearly mark the zigzags.
I did not post the big picture on purpose- meaning i am ignoring all the big support and resistance, double tops/ bottoms etc which you should watch normally and consider them but in this post i like to keep everything simple for *****s like me that need a simple yes or no in order to push the button.
So lets get started-
Rules 1: and the most important one- since we dont use indicators- the only way to know the end of a move/ trend - ahead of time is by watching the distance between the tops for an up move or bottoms for a down move.once we have 1 or 2 ticks then it means get out and sit on the sidelines.
Lets look on friday's trading.
Point 1- that is early in the am and we are still fresh and anxious , we can clearly see that we had 2 tops before with a nice distance between them so we are looking for a long entry,once we got it we go long with a stop 1 tick bellow point 1 or you can use a 70 tick chart with acme trend and only go in when you see a clear consolidation then you can get in with 2-3 ticks stop.
since the distance beteen the last 2 tops was big it tells us that the trend is strong and we can easily few points- in this case we could get 3 points easily.
Point 2- we still see that the distance is big so like machine we look for the next long entry which came at point 2- this one would have given us 5 points meaning we could actually stop trading less than an hour after we started with 8 points.
Rule 3---- its not advisable to go more than 2 or 3 times in the same direction, normally the market changes sides and we should expect it to start going the opposite direction so being greedy is ******.
that is why we could but should not take a long at point 3, but even if we did we would go long at 1695 and exit with 2-3 ticks loss once the next bar turns red.
point 4- we have now lower low with a big distance between the bottoms so we look for a short- we take it with stop above point 4 . could have gotten another 3 points here- again using the 70 ticks to monitor.
point 5 is a very small loss or breakeven.
point 6 is a winner for another 2 points. but noticing that the distance between the tops( will call it DELTA from now on ) is much smaller than before gives us the knowledge that this is not a strong trend.
point .
point 7 is ultra obvious- you have to be an ***** NOT to take a short there- look at the delta and the length of the previous move- the market is TELLING US that the move is strong with a big gain expected in this short entry not only few ticks- this was a 4,5 points profit.
point 8 -i need to explain what is going on here-so please pay attention- the ***** rule is- since we have a lower low we just look for a short and we did get it at point 8 and even if we shorted there we would win a little and definitely not lose. BUT...look at RULE 3 - we just entered 3 times short down and point 8 is the 4th short entry with the direction down with hardly any retracement - so we just have to watch, the other more important fact that you have to notice is- we had a VERY STRONG down move with a huge delta- so WHY THE HELL DID THE MARKET GO UP SO HIGH AND SO CLOSE TO POINT 7? unless its planning to reverse. ( mmm, so that is not just for dummies anymore, we need to think a little ...).
point 10- basic and obvious long for another 2 points.
point 11 - same as 10 with another 2 points.
by now we made so much money almost 20 points using only ONE CONTRACT. we had 1 or 2 very small losers and its total mechanical entry with hardly any rules so we cans top trading after 4 hours and go to the beach.
Bottom line- if the legs start to get too small it means we are in either chop or consolidate and we better stay out or SWITCH TO renko 1-1.
Hope it helps-
I am willing to continue my analysis posts but only if I see enough responses and the only way to see that is by people hitting the "THANKS" button.
There is much more to this method by using very basic simple fib levels that will allow you to enter countertrend and make even more money but as i said before- i will only continue if i see some responses and support.
Hope you enjoyed and thank you all again.
Jane

Hi Niftymover
 
Thanks for your big helping,i'll try to help also.
 
I can upload stuff from the collection that I bought from Andrey. I will post links for everyone. I am not ewef member so there is nothing that Leon can do about it.
 
Just tell me what you want from it.
 
You can see all content of the collection here
http://trading-software-collection.com/wincatalog/index.html