MegaBlog

MegaBlog- – this is an amalgamation of posts from popular trading blogs . This section will allow you to track interesting topics and track popular trends in trading., understand what traders live.

Focus-pocus.

Following the release of Friday's unemployment data, supporters of the apocalyptic development of events in the market were already happily rubbing their hands, anticipating, that now, for sure, everything will fall into the abyss, but it didn't work out. Markets took the news negatively, but then they recovered quickly enough. I said that, the picture on the chart would be aesthetically ugly, harmony is inherent in nature, proportions.
When I was studying to be an architect, US, within the course, gave a three-dimensional composition. Something like this sounded: “Boys, here we often suffer, draw a bunch of sketches on tracing paper – does not work, ugly, not that… And finally, here he is, masterpiece. Now take it and draw it in proportion.. What happened?”. Idea, I think, understandable. We often spend incredible efforts., instead of, to act rationally. It's easier to go with the flow, than row against. Harmony is already inherent in us by nature. Many ancient buildings were built according to the laws of the golden section. The spiral of the Ionic capital is built in accordance with the series of Fibonacci numbers. Russian architect Zholtovsky was a big fan of finding proportions in nature., and as a consequence, all “Stalin's neoclassics” based on these principles.
From the lips of technical analysis detractors you can often hear, what is TA – chimera, placebo, no accurate statistics, mathematical justification, all this is very subjective and unscientific. May be. But all our assessment of the surrounding reality comes from our subjective perception.. Here's a favorite example. Foreign tourist on, say, La Rambla in Barcelona. Beautiful architecture, sun, warmly, the sea is splashing nearby, a lot of money on plastic, which can be spent on all sorts of pleasures. And the bum, sitting in a nearby alley. Objectively, these two people are in the same place. Subjectively, everyone will draw their own picture of the world. People, by perception, are divided into four categories. Majority, about 80%, visuals. Obviously, there are a lot of such among traders. Graphical analysis gives a very clear picture, visually reflecting the general market sentiment, efficient, easy to use, and does not require powerful economic knowledge. No need to be smart, enough observation and discipline. That, that the majority of market participants trade in TA, only strengthens his position. look, for example, how clearly the eurodollar has moved between fib levels over the past couple of weeks, is this not a reflection of natural perfection?! Most financial analysts, in my opinion, belong to people with a mathematical mindset. They perceive reality through the prism of complex formulas and calculations., and enjoy it. This does not mean, that their point of view is wrong. It just may differ from the point of view of the majority., and in the market you should not stand against the movement of the crowd, trampled. Lose money, mostly, because of emotions, illiterate money management, desires to catch the end of the movement, or, against, following the trend on his breath. In conclusion, I will give a graph for S&P500. Objectives, indicated in this post http://maxim-pr.livejournal.com/70157.html they were written about in many trading blogs. Everything is clear, by Murphy. How could you not make money on this?? :) Now, in a week, possible formation of the right shoulder. If the pattern is implemented, and a breakdown of the neck line will take place, correction awaits us, with a view to 950-960. And further up!



I do not believe in a global apocalypse, at least, economic. It's just that it will affect absolutely everyone., including, the mighty, but they are unlikely to be interested in this. Output options are available, and tested since ancient times, remember Solon's reforms. Believers in big n…h, can continue to buy carcass and cartridges. We are on the same street, but we play different roles. Personally, I prefer the role of a wealthy foreigner :)

results of the week

the week was sluggish. despite the daily selection of a large number of stacks – during the whole week there was no opportunity. more than half days I was inactive, because. did not see a single entry point for myself, where it would be worth going and I understood, what's happening. as a rule, the price moved sadly from the line, breakdown of which would lead to a short, to the long line and back. but on the day you can see, how a corridor was formed somewhere, but somewhere narrowing the range. all this suggests, that the next week will probably be richer.

today only zeros entered RGC

judging by the dynamics after the release – there was no chance of taking a normal profit.

improved the research method the, that I began to give more weight to the days, than 5m.. and it pays off – now if i see, what's on the day so-called. narrowing the range, or a clear range during the last 3-4 and more bars – only then I watch how she walked within the day and add to the plan. now I began to hit the levels more accurately. the point is, that this is how I select the most powerful candidates for the breakthrough.. when searching, I came across a lot of stacks, which formed interesting formations within the past day, but on the day it looked like an ugly candle vinaigrette. but later the whole picture collapsed – breakouts were false, the price did not reach and collapsed even earlier.
I think so, that it is caused by a change in mood for a new session, expiration of limit orders. but if you can see in the daytime, that the shadows of several candles rested on approximately one line , then this already speaks of the strength of the level and the breakdown of it would probably have greater strength.

well, it's better to see once, than hear a hundred times :) right?…
here is an example of a not very good situation for me. i would say not reliable:

Yes, actually, no one bothers to catch volumes at the moment of breakout and enter, spat on the day. but now I will not be distracted by such monitoring, most likely this stack will not get to me in the daily plan.

and here is an example of a ticker, which i like.
ie. I look at the day and think `` yeah! I have confidence in this daytime cut. ”.
this is always nice and interesting to put on watchlist and sniping :)

something like this…
of course still run in and out) but the mainstream – here it is.

The grail in action or the new high of the account.

Another report on my test trading strategy. The last two weeks have passed under the sign of working on bugs. I fell into the trap, which many traders fall into, acting on the principle “save”, but not “earn”. Trade began to somewhat resemble the structure of the layout of the Gaudí workshop, exhibited in the basement of the Sagrada Familia in Barcelona: many connections, balancing each other.



But it was worth making a mistake and a dangerous imbalance arose.. After trampling for a couple of weeks in one place, the deposit began to go into the minus. It turned out, that instead of, to punch, I hit with a relaxed palm. Therefore, I decided to focus on a smaller number of issuers and trade relatively short time frames. (within the week). Maybe, account volatility will slightly increase, but the maximum drawdown should remain within the stated 10%.



What to do, I weighed mine “Ferdinand” 200-millimeter armor on all sides and gave only a small cannon. As a result, he could hardly move, and was ineffective, although difficult to attack. Now part of the armor has been removed, and the cannon was replaced with a long-range 88 mm anti-aircraft gun. The result of the last trading week is visible on the chart. And if the total profitability for two months was 12.39%, then only for the last four trading days(the week was incomplete), the account got fat 5,04%. Shoulders, still, not used.



Why “Ferdinand” :) Some years ago, in the office we actively played in the evenings on the local grid in SuddenStrike2. Ferdinand (Elephant) was practically indestructible and very effective, although slow.

FORTS RTS has become a KITCHEN

It is high time for the management and employees of the RTS exchange to be prosecuted for disrupting trading and manipulating quotes..
In America, they would get fucked in full for this. But in Russia, the future meravian fenance center, you can do whatever. FFMS turns a blind eye to this chaos.

Here you can do whatever you want – if you want, you can toss ballots in a disproportionate amount for the desired party, if you want, you can wear shoulder straps, plump, drive in the opposite lane, shoot down pregnant women or just ram other cars with people. You can take subordinate military personnel and go to solve personal issues. Or you can simply take away the cargo at customs by declaring it contraband. You can kill Russian soldiers and become the president of the republic in the Russian Federation. You can fly in a helicopter and hunt Red Book animals. You can still steal the federal budget for tens of millions of dollars., pay a fine of thousands of rubles, and with a suspended sentence and fresh capital to get a job as mayor in another city.
Everything is possible here for money. And with power and money in general, everything, everything, everything.

Briefly speaking. In the morning, trading on FORST RTS did not open again. Of course, they did not open for technical reasons..
Hmm, for what reasons they still cannot open. It was impossible to withdraw and submit applications. But many saw in their glasses how quotes were running, as if the bidding is underway. Moreover, the decrease / increase in prices reacted to the MICEX and Dax. Year, one and a half ago, on the chart of a futures on ind.rts, a few minute candles once popped up a quote before trading. Many joked that it was from the future.. At the close, the chart plotted exactly the same candles for the formation and price – “prediction” came true.

Here I asked a question to the exchange. http://forum.rts.ru/viewtopic.asp?p=77458 But I think, like everyone else in this country, they will let the brakes go and the topic will be deleted, how admins have done it more than once.

Exchange questions
1. Whose placed orders we saw in the order book before the opening of trading 10.55
(these quotes have been seen by many bidders. I wrote down some of the quotes on the saw and will post it later.)

2. How could they get into the order book if the exchange did not work.
(it doesn't matter yesterday or today, what were they doing there?)

shl.
my IMHO
These are the orders of the RTS quotation robot, providing liquidity in the order book. because. decrease and increase in prices reacted to the movement of the MMVB / SIPI / DAC index.
That is why with Troika as a former Market Maker of this instrument (futures on the rtc index) no new contract was signed. Because RTS has created its own robot, and MM no longer needs services. This robot can do whatever you want. Want up- want to go down. Any quote.

Today RTS was openly burned and showed everyone, what a robot, who constantly played with orders in glasses, who extinguished all movements and threw applications this is their robot. RTS holds competitions for the LPI , identifies strategies, chooses something for his robot. RTS decided to cut coupons itself – she is so greedy.
RTS dropped to the level of the second-rate forex office RTS – KITCHEN.

cross-post is welcome.
http://www.livejournal.com/users/redlabel/890470.html

Survey: what is interesting / useful for you in my research?

When I am preparing for the upcoming session, i use a lot of data, I read a lot of news, reports, upgrades or downgrades of companies' ratings, looking at the economic calendar, I look through hundreds of stock charts and select companies on the list…. Materials (edit), which I post in the daily research blog – only the bulk of that, What am I doing. In order to: and) optimize […]

observation

will buy Buffett BNI, OK.
to people close to the market, the BNI ticker speaks about everything at once, including about Buffett. so when you see the BNI heep, Do you understand, that Buffett is increasing his share again, read and find out, which does not just increase, but greatly increases)

actual observation.
saw in several places instead of BNI such a record: Burlington Northern Santa Fe (BNSF).
Burlington Northern Santa Fe – the company is called, no question. but what is BNSF?

In one place (only one thing) saw how BNSF use as a ticker and conclude that, that the company is trading on the nasdake (however, over time, the mention of nasdak disappeared).

and again ok.
when there is an article and the name of the company is mentioned several times, then BNSF it is quite convenient to use an abbreviation.
but, if there is no repetition of the company name in the note, then the question:
where do people get exactly "Burlington Northern Santa Fe (BNSF)"? is it really all stupidly copying from one source?)

Eurobucks

And the next fibocele is at the level 1.51



Big-dot (D1)

I, by the way I took only that, what from 23 to 61%. When will I stop underpaying myself??

PS. Who knows where to find all Fibo levels for complete happiness? Although no! Do not. You have to be simpler.

plan of 6 november

  tr l sh
BPO fl x 10
CAB fl 13 12,2
CSE fl 3,6 x
CVC u 24,8 x
ERY fl x 11,5
FBP fl 2,05 1,87
INVITE d x 13,3
GRS u 9,35  
GT fl 13,55 12,5
OOPS fl 4,4 x
LEG fl 19,7 19
NRF fl 3,56 3,39
ODP fl x 5,6
OEH fl 9,15 x
OMX fl x 11
RGC fl 13 12,5
SE fl x 18,9
SKS fl 6 x
SOL fl 4,07 3,92
STJ fl 35 34,4
SUG fl 19,7 19,25
SWY fl 23 22,32
AND fl x 30,26
WPI fl 35,47 x
WRB d x 24,39

The main thing is on time

More often than not, I am in a hurry to enter a position. Most often I enter as soon as I recognize a pattern or see a favorable situation. Most often I catch one or two waves against the position.

With the release of the same bullshit. In a hurry “kill green”.

You must be able to wait for the right moment:





Not a bad balance picture yesterday (left) painted. The range is small.

I'm getting ready to go with a breakdown today. This usually happens as in the picture on the right..

I look more down, than up. Because yesterday they tried to break through, but didn't go, spike painted.

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