ideal

i have taught this many times... here it is again

the computers that run the markets are programmed to act on a combination of

indicator pattern over multiple time frames

geometry

trade signal

the indicator pattern is MEANINGLESS without price at a line and

price at a line is MEANINGLESS without a predefined trade signal

the IDEAL INDICATOR SIGNAL is so simple that i have taught an 8 yr how to look for it.

HERE IS THE SETUP

on your 5 min chart have the cci40,cci120,and cci480 below your chart

first the cci40 goes from above100 to below-100 WITHOUT THE CCI120 GOING WITH IT!

then the cci 40 andcci120 go together

on the next trip up to above 100 on cci40 and cci120 you want the cci480 to JUST KISS THE 100 LINE!

THE SETUP IS MEANINGLESS!!!! UNLESS PRICE IS AT A LINE!!!!

and it is all MEANINGLESS! unless a predefined trade signal triggers

this morning it was the computers favorite the 886 algo.

out at target line

the TNA had very different geometry than the SPY

but note...

IDEAL INDICATOR SETUP+PRICE AT LINE+TRADE SIGNAL


EVERYTHING I USE TO TRACK THE COMPUTERS IS PUBLIC KNOWLEDGE
available to any trader who takes the time to record what happens at thousands of turns
in the markets

again, my work suggests price is trying to make an important choice...

I STILL do not have enough info to say for myself which way it is going..

in the meantime i do what i do.. taking chunks of price based on the tools

what i need from this point is for price to either to break out to new high

or the IDEAL, FOR PRICE TO TRADE INTO LOWER CIRCLE O/N 12/13

''as price approaches an important pivot the tools work better and better on smaller and smaller time frames
traders, mesmerized by their success miss the bigger turn'' joed

the computers that run the markets don't churn out the money if price doesn't move...
when they are preparing to move price out of a turn but are not quite ready the will relentlessly bounce price off the tools
in a confined range...

the past days in the SPY is a good example

awesome work roofer

True dat!

Al Kamego