JI
jimkane
Rep: 3,058
Posts: 33,089
I sure wish someone else would step up and start these weekly topics...
JI
jimkane
Rep: 3,058
Posts: 33,089
Anybody seeing a theme in my posts? Seeing any patterns at all? Seeing anything at all?
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I think I'm caught up, and zero happened in the market during that whole time...
SI
sirios
Rep: 0
Posts: 157
Sometimes it is difficult to find patterns which your are talking about. Not always we know timeframe.
Originally posted by jimkane
Anybody seeing a theme in my posts? Seeing any patterns at all? Seeing anything at all?
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, here I didn't mean trading patterns, I meant a 'theme' to my posts. Like, for example, I post about a gold bearish setup, and mention doing a 'context' assessment. Then I comment about taking bearish setups only when you are bearish i.e. you see the layout as bearish, not just the setup. See what I am trying to guide the reader to do? Then I post a blog link about gold. When do I ever post blog links? You go there, read the first article, and he's discussing things about gold and his bearish bias. You think that was coincidental? See the theme? The pattern? This runs all though my posts. I am simply not willing to spoon feed readers my every thought. Give a man a fish, he eats for a day. Teach a man to fish, he eats for a lifetime.
As far as timeframes, should one be able to start at a high timeframe, and keep dropping down in timeframes until they see an ABCD near completion to find the pattern I am speaking of? It should always be obvious. But, I could start posting the timeframes with all my ABCD comments. I'd just think people should be able to hunt around and find it without that...
As far as timeframes, should one be able to start at a high timeframe, and keep dropping down in timeframes until they see an ABCD near completion to find the pattern I am speaking of? It should always be obvious. But, I could start posting the timeframes with all my ABCD comments. I'd just think people should be able to hunt around and find it without that...
Originally posted by sirios
Sometimes it is difficult to find patterns which your are talking about. Not always we know timeframe.
Originally posted by jimkane
Anybody seeing a theme in my posts? Seeing any patterns at all? Seeing anything at all?
SI
sirios
Rep: 0
Posts: 157
If I correct catch what you want to explain us (in simple words): we have bullish bias on stocks and commodities and we shouldn't consider any bearish patterns in this context. Am I right ?
Originally posted by jimkane
Well, here I didn't mean trading patterns, I meant a 'theme' to my posts. Like, for example, I post about a gold bearish setup, and mention doing a 'context' assessment. Then I comment about taking bearish setups only when you are bearish i.e. you see the layout as bearish, not just the setup. See what I am trying to guide the reader to do? Then I post a blog link about gold. When do I ever post blog links? You go there, read the first article, and he's discussing things about gold and his bearish bias. You think that was coincidental? See the theme? The pattern? This runs all though my posts. I am simply not willing to spoon feed readers my every thought. Give a man a fish, he eats for a day. Teach a man to fish, he eats for a lifetime.
As far as timeframes, should one be able to start at a high timeframe, and keep dropping down in timeframes until they see an ABCD near completion to find the pattern I am speaking of? It should always be obvious. But, I could start posting the timeframes with all my ABCD comments. I'd just think people should be able to hunt around and find it without that...
Originally posted by sirios
Sometimes it is difficult to find patterns which your are talking about. Not always we know timeframe.
Originally posted by jimkane
Anybody seeing a theme in my posts? Seeing any patterns at all? Seeing anything at all?
JI
jimkane
Rep: 3,058
Posts: 33,089
Otherwise, though, a very nice six point range for the entire RTH so far today. Wow, another exciting day in the ES...
JI
jimkane
Rep: 3,058
Posts: 33,089
For the most part. What I am saying is that 'context', 'bias' if you will, makes the decision on direction. This may vary from timeframe to timeframe (I may have a bearish bias on the 15-min or 60-min as a higher timeframe daily corrects), but for any given pattern, which has a traded timeframe, there is a bias. If there isn't a clear bias, then I stand aside. I want the setup to line up with the bias.
The 'context' tells me which way I want to trade, then I see if the market gives me a setup. Most people just look for setups. This can be a major mistake, in my opinion. Yes, one could look for setups and then see if there is a bias that lines up with that, but that's backwards, to me. I start with a premise, and idea, a bias, a direction I want to trade, then I look for setups to get on that direction.
The 'context' tells me which way I want to trade, then I see if the market gives me a setup. Most people just look for setups. This can be a major mistake, in my opinion. Yes, one could look for setups and then see if there is a bias that lines up with that, but that's backwards, to me. I start with a premise, and idea, a bias, a direction I want to trade, then I look for setups to get on that direction.
Originally posted by sirios
If I correct catch what you want to explain us (in simple words): we have bullish bias on stocks and commodities and we shouldn't consider any bearish patterns in this context. Am I right ?
Originally posted by jimkane
Well, here I didn't mean trading patterns, I meant a 'theme' to my posts. Like, for example, I post about a gold bearish setup, and mention doing a 'context' assessment. Then I comment about taking bearish setups only when you are bearish i.e. you see the layout as bearish, not just the setup. See what I am trying to guide the reader to do? Then I post a blog link about gold. When do I ever post blog links? You go there, read the first article, and he's discussing things about gold and his bearish bias. You think that was coincidental? See the theme? The pattern? This runs all though my posts. I am simply not willing to spoon feed readers my every thought. Give a man a fish, he eats for a day. Teach a man to fish, he eats for a lifetime.
As far as timeframes, should one be able to start at a high timeframe, and keep dropping down in timeframes until they see an ABCD near completion to find the pattern I am speaking of? It should always be obvious. But, I could start posting the timeframes with all my ABCD comments. I'd just think people should be able to hunt around and find it without that...
Originally posted by sirios
Sometimes it is difficult to find patterns which your are talking about. Not always we know timeframe.
Originally posted by jimkane
Anybody seeing a theme in my posts? Seeing any patterns at all? Seeing anything at all?
SI
sirios
Rep: 0
Posts: 157
Post like this has incredible value for my learning process. Thank you Jim.
I've got many questions how to act in few areas which are shown on the chart and I found are critical in early stage of trade, but I know you can't answer it on the forum. I have ideas and experiment with it and I'm very interested in opinion about it.
I've got many questions how to act in few areas which are shown on the chart and I found are critical in early stage of trade, but I know you can't answer it on the forum. I have ideas and experiment with it and I'm very interested in opinion about it.
Originally posted by jimkane
Okay, here's a chart showing some of my posts, marked at the times, as best as I could do it, when I posted them. Also check out the post I made at 15:53:40. I couldn't find the room to squeeze that one on the chart. Everything I mentioned was based on the methodology. Look at some of the other posts, like the one about the lines coming in. Look at that EXP ABCD. Study the higher timeframes and see why I thought this may go up (other than it was Friday close and time to prep for Sunday night GLOBEX/Monday).
No matter how many cool areas lie below, or how much I want this to sell, 'they' want it up, and the defense of the GZ was a clear signal. Note my post before I started this sequence, about rigorously defending the LOD via the GZ. It wasn't my first mention of that. Clues. Technical factors. The methodology. What roofer likes to call 'the tools'. Now, do some work. Study what led up to what I have shown here.
Chart created on QCharts, courtesy eSignal.

