03/10/2003 21:28:38 EST   User [gary fullett] joined forum from 198.63.240.97 03/10/2003 21:28:42 EST   intraday u should only compare it to other bars in the same time frame u are looking at 03/10/2003 21:28:44 EST   hi gary 03/10/2003 21:28:44 EST   gary 03/10/2003 21:28:50 EST   Hi Gary 03/10/2003 21:28:56 EST   U can usuall spot heavy volume 03/10/2003 21:29:00 EST   good evening sorry I am so late 03/10/2003 21:29:02 EST   hi gary 03/10/2003 21:29:03 EST   from the price action 03/10/2003 21:29:10 EST   Hi Gary 03/10/2003 21:29:11 EST   I had a baseball meeting for the kids 03/10/2003 21:29:11 EST   Hello Gary - missed you today - glad to see you here 03/10/2003 21:29:19 EST   ok thanks zack. that's kind of what i was thinking... 03/10/2003 21:29:49 EST   yes I had a court date today that i needed to be at 03/10/2003 21:29:50 EST   User [kris] joined forum from 64.229.138.239 03/10/2003 21:29:57 EST   then a basebll meeting 03/10/2003 21:30:00 EST   I pologize 03/10/2003 21:30:16 EST   court is always fun 03/10/2003 21:30:21 EST   if u give me 1 minute 03/10/2003 21:30:25 EST   I will be with u 03/10/2003 21:30:34 EST   brb 03/10/2003 21:30:50 EST   Any other questions 03/10/2003 21:30:51 EST   I don't know what happened, got kicked out and then couldn't get back in. Anybody else similar? 03/10/2003 21:30:52 EST   guess the couldn't get that ticket fixed - heehee - 03/10/2003 21:31:08 EST   that door getting in your way tonight, kris! 03/10/2003 21:31:14 EST   working in corrections, I have been sued so may times I've lost count 03/10/2003 21:31:37 EST   User [kent] left forum. 03/10/2003 21:31:39 EST   anyone watching wheat? 03/10/2003 21:31:52 EST   MM---on your questions on time frames---yes they do all relate 03/10/2003 21:31:53 EST   just the uniform scares me - when an officer comes to the office to get work done, i still think i should panic 03/10/2003 21:31:56 EST   tuff job kent 03/10/2003 21:32:08 EST   Monthly is most important for general purposee because 03/10/2003 21:32:17 EST   it contains the most data 03/10/2003 21:32:23 EST   Weekly is next 03/10/2003 21:32:32 EST   ans so on 03/10/2003 21:33:21 EST   Do not expect a large move from an intraday 10 min chart as u would expect from say a daily or weekly 03/10/2003 21:33:46 EST   n 03/10/2003 21:33:48 EST   All will show wyckoff characteristics 03/10/2003 21:33:53 EST   zack, i want to learn to use weekly and daily and 60 min for timing - 03/10/2003 21:34:16 EST   sorry, mean use weekly with daily and 60 min for timing 03/10/2003 21:34:20 EST   zack, q 03/10/2003 21:34:48 EST   you said a few min ago don't need to look at vol 03/10/2003 21:34:50 EST   Then practice that way MM----look at those time frames consistantly with the markets you follow and 03/10/2003 21:35:00 EST   can read thru price action... 03/10/2003 21:35:02 EST   Identify the Wyckofff patterns with them 03/10/2003 21:35:21 EST   july wheat had 4-41/2 pt spread today but 03/10/2003 21:35:32 EST   looked like heavy vol 03/10/2003 21:35:34 EST   User [kent] joined forum from 172.190.247.23 03/10/2003 21:35:41 EST   User [kent] joined forum from 172.190.247.23 03/10/2003 21:36:08 EST   that revolving door got me too, lol 03/10/2003 21:36:09 EST   look at wheat close 03/10/2003 21:36:19 EST   I think tiem frames will be the topic tonight 03/10/2003 21:36:29 EST   YEA!! 03/10/2003 21:36:30 EST   as I think that thisis key 03/10/2003 21:36:56 EST   you are right mm, i looked at intra all day! 03/10/2003 21:37:13 EST   as u know 03/10/2003 21:37:19 EST   there are many times frames 03/10/2003 21:37:24 EST   from yearly quartly 03/10/2003 21:37:27 EST   to intraday 03/10/2003 21:37:52 EST   can you hear me? 03/10/2003 21:37:54 EST   simple question what is trend? 03/10/2003 21:37:56 EST   yes kent 03/10/2003 21:38:08 EST   hh - hl 03/10/2003 21:38:19 EST   the prevailing direction 03/10/2003 21:38:28 EST   higher highs and higher lows uptrend 03/10/2003 21:38:36 EST   Direction of prices 03/10/2003 21:38:37 EST   lower lower and lower highs downtrend 03/10/2003 21:38:40 EST   then ll - lh for down 03/10/2003 21:38:41 EST   with higher highs 03/10/2003 21:38:45 EST   demand overcoming supply 03/10/2003 21:38:53 EST   User [kent] left forum. 03/10/2003 21:38:59 EST   downtrend 03/10/2003 21:39:09 EST   supply overcoming demand right? 03/10/2003 21:39:14 EST   y 03/10/2003 21:39:16 EST   y 03/10/2003 21:39:17 EST   y 03/10/2003 21:39:18 EST   yep 03/10/2003 21:39:19 EST   y 03/10/2003 21:39:19 EST   okay 03/10/2003 21:39:20 EST   y 03/10/2003 21:39:23 EST   so.. 03/10/2003 21:39:37 EST   what is more relaible an intraday trend or monthly trend? 03/10/2003 21:39:43 EST   mo 03/10/2003 21:39:46 EST   monthly 03/10/2003 21:39:46 EST   m 03/10/2003 21:39:47 EST   mo 03/10/2003 21:39:49 EST   why? 03/10/2003 21:39:50 EST   mo 03/10/2003 21:39:50 EST   m 03/10/2003 21:39:56 EST   longer term 03/10/2003 21:39:56 EST   more info like zack said 03/10/2003 21:40:25 EST   longer term direction 03/10/2003 21:40:29 EST   it is more rlaible because of the time frames of the bars 03/10/2003 21:40:35 EST   more infrmation 03/10/2003 21:40:38 EST   is correct 03/10/2003 21:41:49 EST   okay 03/10/2003 21:41:50 EST   03/10/2003 21:42:02 EST   k 03/10/2003 21:42:02 EST   so the longer term si more reliable 03/10/2003 21:42:06 EST   do we all agree? 03/10/2003 21:42:09 EST   y 03/10/2003 21:42:10 EST   y 03/10/2003 21:42:10 EST   y 03/10/2003 21:42:10 EST   y 03/10/2003 21:42:10 EST   y 03/10/2003 21:42:11 EST   y 03/10/2003 21:42:12 EST   y 03/10/2003 21:42:14 EST   y 03/10/2003 21:42:18 EST   good 03/10/2003 21:42:34 EST   so have u all heard the expression your trend in your freind? 03/10/2003 21:42:39 EST   y 03/10/2003 21:42:44 EST   y 03/10/2003 21:42:44 EST   y 03/10/2003 21:42:45 EST   y 03/10/2003 21:42:47 EST   y 03/10/2003 21:42:53 EST   y 03/10/2003 21:42:53 EST   y 03/10/2003 21:42:59 EST   y 03/10/2003 21:43:07 EST   so the monthly trend is imp 03/10/2003 21:43:49 EST   so when we look at the trnd 03/10/2003 21:43:56 EST   we start at the longest time frame we can 03/10/2003 21:43:58 EST   User [kent] joined forum from 172.191.158.253 03/10/2003 21:44:35 EST   03/10/2003 21:44:53 EST   and work towards the smaller times frasmes 03/10/2003 21:45:06 EST   to get more exact entry if possible 03/10/2003 21:45:15 EST   why do I say that? 03/10/2003 21:45:21 EST   it is because 03/10/2003 21:45:32 EST   if u have monthly support lets say in beans 03/10/2003 21:45:49 EST   this can be a support area of like 10-15 cents 03/10/2003 21:46:10 EST   on the daily chart it may be a few cents 03/10/2003 21:46:12 EST   understand? 03/10/2003 21:46:15 EST   y 03/10/2003 21:46:19 EST   y 03/10/2003 21:46:20 EST   less risk 03/10/2003 21:46:21 EST   y 03/10/2003 21:46:23 EST   y 03/10/2003 21:46:23 EST   y 03/10/2003 21:46:37 EST   y 03/10/2003 21:46:47 EST   y 03/10/2003 21:46:47 EST   03/10/2003 21:47:31 EST   good 03/10/2003 21:47:35 EST   so as we said 03/10/2003 21:48:26 EST   the longer the time frame 03/10/2003 21:48:34 EST   the larger the risk and larger the reward 03/10/2003 21:49:40 EST   because the more cause 03/10/2003 21:49:45 EST   the more reward 03/10/2003 21:50:05 EST   so the monthly chart is very iportant 03/10/2003 21:50:15 EST   as it shows longer trend 03/10/2003 21:50:18 EST   and it shows 03/10/2003 21:50:24 EST   more risk to reward 03/10/2003 21:50:58 EST   what is the trade in wyckoff 03/10/2003 21:51:02 EST   that is the safest?> 03/10/2003 21:51:11 EST   what do we look for in monthly first to see if trend violated? or should we be looking at weekly or daily for this 03/10/2003 21:51:18 EST   retest after JOC or vice versa 03/10/2003 21:51:20 EST   joc and retest 03/10/2003 21:51:21 EST   retest creek 03/10/2003 21:51:22 EST   off creek 03/10/2003 21:51:25 EST   back up to creek 03/10/2003 21:51:27 EST   u look at the monthly trend line to be broken 03/10/2003 21:51:35 EST   right a retest of creek 03/10/2003 21:51:46 EST   or a retest of the breaking of the ice right? 03/10/2003 21:51:50 EST   y 03/10/2003 21:51:51 EST   y 03/10/2003 21:51:54 EST   y 03/10/2003 21:51:59 EST   y 03/10/2003 21:52:09 EST   r 03/10/2003 21:52:11 EST   well if this happens on a monthly or happens on the daily which is probbely more accurate trade? 03/10/2003 21:52:24 EST   d 03/10/2003 21:52:25 EST   d 03/10/2003 21:52:26 EST   mo 03/10/2003 21:52:30 EST   monthly 03/10/2003 21:52:30 EST   monthly 03/10/2003 21:52:30 EST   d 03/10/2003 21:52:38 EST   m 03/10/2003 21:52:41 EST   m 03/10/2003 21:52:43 EST   lol 03/10/2003 21:52:43 EST   trick q, huh? 03/10/2003 21:52:56 EST   i didnt mean it as one 03/10/2003 21:52:59 EST   comitt mm 03/10/2003 21:53:02 EST   l know 03/10/2003 21:53:03 EST   but I can see where it would be one 03/10/2003 21:53:04 EST   must answer 03/10/2003 21:53:09 EST   m 03/10/2003 21:53:11 EST   d 03/10/2003 21:53:11 EST   both 03/10/2003 21:53:26 EST   y 03/10/2003 21:53:37 EST   monthly more profitable 03/10/2003 21:53:52 EST   more dangerous, too 03/10/2003 21:54:00 EST   the daily will give u better price entry 03/10/2003 21:54:07 EST   monthly more meaning ful 03/10/2003 21:54:19 EST   but the monthly will goive u the best risk to reward and is the most relaible 03/10/2003 21:55:05 EST   so can you trade mo? 03/10/2003 21:55:07 EST   so the monthly chart 03/10/2003 21:55:11 EST   creek and ice 03/10/2003 21:55:17 EST   so use daily for entry and weekly or monthly for r/r 03/10/2003 21:55:17 EST   to me is the most important 03/10/2003 21:55:29 EST   so look for monthly creek or ice in this regard 03/10/2003 21:55:37 EST   and use the daily for the best possible entry 03/10/2003 21:55:42 EST   I will talk on entry 03/10/2003 21:55:44 EST   nest week 03/10/2003 21:55:48 EST   on where to enter 03/10/2003 21:55:56 EST   grt 03/10/2003 21:56:07 EST   like on which daily chart to enter on monthly retest of creek and ice 03/10/2003 21:56:08 EST   I haven't heard too much about when to exit a trade. Is there a Wyckkoff method to exit? 03/10/2003 21:56:34 EST   resistance 03/10/2003 21:56:54 EST   that MDD been studying 03/10/2003 21:56:58 EST   we have talked on it kent 03/10/2003 21:57:02 EST   but I can review that 03/10/2003 21:57:09 EST   please 03/10/2003 21:57:12 EST   if u buy mointhly support 03/10/2003 21:57:19 EST   exit is imo the most important; that's where the profit is made (hopefully) 03/10/2003 21:57:20 EST   I would place the stop under weekly resiatnce 03/10/2003 21:57:24 EST   why do I say that? 03/10/2003 21:57:38 EST   I mean under mnthly support 03/10/2003 21:57:57 EST   repeat, please 03/10/2003 21:58:07 EST   it should be on same time frame 03/10/2003 21:58:15 EST   if u buy daily support 03/10/2003 21:58:23 EST   your stop should be under weeekly support 03/10/2003 21:58:40 EST   in case of springs 03/10/2003 21:58:54 EST   yes mike 03/10/2003 21:58:56 EST   right 03/10/2003 21:59:03 EST   do u all understand? 03/10/2003 21:59:06 EST   y 03/10/2003 21:59:08 EST   y 03/10/2003 21:59:09 EST   y 03/10/2003 21:59:10 EST   y 03/10/2003 21:59:11 EST   y 03/10/2003 21:59:11 EST   y 03/10/2003 21:59:20 EST   y 03/10/2003 21:59:30 EST   if the trade is profitable, when do you get out? 03/10/2003 21:59:34 EST   u dont want to get caught in a spring 03/10/2003 21:59:54 EST   or in an upthrust in case the market jabbs resiatnce 03/10/2003 22:00:05 EST   that is a great q 03/10/2003 22:00:13 EST   that depnds on taste many times 03/10/2003 22:00:19 EST   but there are several 03/10/2003 22:00:37 EST   1) u can raise the stop loss 03/10/2003 22:00:44 EST   to have a 2-1 risk to reward ratio 03/10/2003 22:00:59 EST   so if your cpount is 30 cents in beans use a 15 cetn trailing stop 03/10/2003 22:01:08 EST   understand? 03/10/2003 22:01:09 EST   ok 03/10/2003 22:01:14 EST   y 03/10/2003 22:01:16 EST   y 03/10/2003 22:01:17 EST   y 03/10/2003 22:01:19 EST   y 03/10/2003 22:01:19 EST   y 03/10/2003 22:01:22 EST   y 03/10/2003 22:01:28 EST   y 03/10/2003 22:01:37 EST   2) 03/10/2003 22:01:41 EST   u can sell at resiatnce 03/10/2003 22:01:46 EST   trade 2 03/10/2003 22:01:52 EST   and sell 1 at resistance 03/10/2003 22:02:05 EST   and hold one with a stop 03/10/2003 22:02:08 EST   understand? 03/10/2003 22:02:10 EST   03/10/2003 22:02:11 EST   y 03/10/2003 22:02:12 EST   y 03/10/2003 22:02:12 EST   y 03/10/2003 22:02:14 EST   y 03/10/2003 22:02:15 EST   y 03/10/2003 22:02:16 EST   3) 03/10/2003 22:02:16 EST   y 03/10/2003 22:02:42 EST   forget 3 03/10/2003 22:02:49 EST   ? 03/10/2003 22:02:51 EST   y 03/10/2003 22:02:57 EST   so u can raise stops 03/10/2003 22:03:08 EST   but u should have a count on how far a move can go 03/10/2003 22:03:19 EST   so if u think beans can go 5 cents higher 03/10/2003 22:03:27 EST   the stop shouldbe be 10 cents lower 03/10/2003 22:04:03 EST   shouldnt be 03/10/2003 22:04:07 EST   ?? 03/10/2003 22:04:10 EST   ?? 03/10/2003 22:04:28 EST   ok\\ 03/10/2003 22:04:54 EST   so as long as u have a good risk to rewward raise stops 03/10/2003 22:04:59 EST   or get out at resiatnce 03/10/2003 22:05:04 EST   that is what i do 03/10/2003 22:05:08 EST   does that help kent 03/10/2003 22:05:14 EST   so you set a target by zack's three finger method and then move stops as you progress 03/10/2003 22:05:30 EST   :) yep 03/10/2003 22:05:40 EST   ok, got it, thanks 03/10/2003 22:05:53 EST   :) 03/10/2003 22:06:03 EST   any questions on what kent said? 03/10/2003 22:06:09 EST   three fingered Zack works well 03/10/2003 22:06:18 EST   lol 03/10/2003 22:06:44 EST   sounds like a new index 03/10/2003 22:06:44 EST   Three fingers? 03/10/2003 22:06:57 EST   :) 03/10/2003 22:07:00 EST   please explain three finger method 03/10/2003 22:07:02 EST   take the sideways action 03/10/2003 22:07:04 EST   User [Joe K] joined forum from 172.149.81.197 03/10/2003 22:07:07 EST   Yes 03/10/2003 22:07:08 EST   move it verticvally 03/10/2003 22:07:14 EST   Yo hobo 03/10/2003 22:07:16 EST   and it will give u a good guestimate 03/10/2003 22:07:20 EST   Scoot Zacky ! 03/10/2003 22:07:26 EST   say joe 03/10/2003 22:07:30 EST   (yawning) lol 03/10/2003 22:07:36 EST   thanks 03/10/2003 22:07:50 EST   referred many times in the archives as zack's three finger method 03/10/2003 22:07:59 EST   U always ahve to look at risk to reward 03/10/2003 22:08:05 EST   this is what risk management is about 03/10/2003 22:08:07 EST   Thumb and finger kent :) 03/10/2003 22:08:13 EST   so just stand the casue on its end 03/10/2003 22:08:18 EST   lol 03/10/2003 22:08:27 EST   Two fingers ok 03/10/2003 22:08:28 EST   cause 03/10/2003 22:08:35 EST   3 fingers? thaought was the rule-of-thumb 03/10/2003 22:08:38 EST   2 fingers? 03/10/2003 22:08:59 EST   just 1 thumb :) 03/10/2003 22:09:06 EST   Thumb + finger 03/10/2003 22:09:07 EST   O 03/10/2003 22:09:19 EST   Look at what Gary said---you can do this right on the screen---any time frame 03/10/2003 22:09:22 EST   you would stnad cause on its end and then measure same distance up from top of range? 03/10/2003 22:09:23 EST   3 fingers is for gamblers lol 03/10/2003 22:09:34 EST   yes 03/10/2003 22:09:34 EST   Yes MM 03/10/2003 22:09:34 EST   yes mm 03/10/2003 22:09:56 EST   User [MDD] left forum. 03/10/2003 22:09:59 EST   yea mm 03/10/2003 22:10:02 EST   thanks - 03/10/2003 22:10:50 EST   good tool i learned years ago but never really used it correctly until studying with you guys 03/10/2003 22:10:51 EST   Wyckoff said there is a 1 to 1 relationship 03/10/2003 22:11:05 EST   point and figure is more acurate but 03/10/2003 22:11:15 EST   harder to do 03/10/2003 22:11:29 EST   for a quicky estimate---use horizontal cause to equal vertical movement 03/10/2003 22:11:34 EST   User [MDD] joined forum from 67.235.152.64 03/10/2003 22:11:38 EST   thats is correct 03/10/2003 22:11:39 EST   Potential 03/10/2003 22:12:25 EST   do u understand? 03/10/2003 22:12:29 EST   y 03/10/2003 22:12:30 EST   y 03/10/2003 22:12:32 EST   y 03/10/2003 22:12:32 EST   y 03/10/2003 22:12:33 EST   good 03/10/2003 22:12:33 EST   y 03/10/2003 22:12:34 EST   y' 03/10/2003 22:12:36 EST   Cool 03/10/2003 22:12:38 EST   so when u look at a market 03/10/2003 22:12:46 EST   u should lok at the montly 03/10/2003 22:12:52 EST   determine the trend 03/10/2003 22:13:04 EST   then look at weekly look at trend 03/10/2003 22:13:06 EST   then daily 03/10/2003 22:13:20 EST   if all 3 are up look at the dailyy for a more percise entry point 03/10/2003 22:13:33 EST   if u have a monthly that is down weekly neutral 03/10/2003 22:13:37 EST   daily up 03/10/2003 22:13:42 EST   then u must be careful 03/10/2003 22:13:53 EST   because if u r buying the daily chart 03/10/2003 22:14:02 EST   Process of elimination to determine the best assumuptions and draw best conclusions 03/10/2003 22:14:05 EST   at weekly resiatnce it will prbbaly fail as the monthly is down 03/10/2003 22:14:18 EST   the best trade is when all 3 are the same trend 03/10/2003 22:14:25 EST   :) 03/10/2003 22:14:59 EST   but wouldn't it be better to buy when daily is in downtrend and weekly and monthly are up? 03/10/2003 22:15:10 EST   when this happnes a greater chance of sucess 03/10/2003 22:15:24 EST   I didnt get into that scnerio 03/10/2003 22:15:28 EST   I presume that the weekly should be a continuous chart as opposed to weekly for a specific month 03/10/2003 22:15:32 EST   if u have the monthly and weekly up 03/10/2003 22:15:34 EST   And if your smaller time frames are taking on your larger ones, contra-trend, your longer time frames should carry more weight 03/10/2003 22:15:36 EST   buy at daily support yes 03/10/2003 22:16:00 EST   y dca 03/10/2003 22:16:07 EST   thats is a proper trade 03/10/2003 22:16:08 EST   thax 03/10/2003 22:16:57 EST   when the times frames have differnt trends 03/10/2003 22:17:01 EST   that is why u must 03/10/2003 22:17:04 EST   be care 03/10/2003 22:17:14 EST   and look at risk to reward more carefully 03/10/2003 22:18:00 EST   When you get into the methodology deeper, you'll really start seeing, how beautiful, it all goes into itself 03/10/2003 22:18:04 EST   u r always judging this 03/10/2003 22:18:07 EST   when u enter a trade 03/10/2003 22:18:35 EST   Its an equalibrium 03/10/2003 22:19:05 EST   Combining the Principles with Time Frames 03/10/2003 22:19:22 EST   joe would u like to talk on time frames a bit 03/10/2003 22:19:27 EST   and how u use them 03/10/2003 22:19:44 EST   after a awhile it becomes second nature, and your reads come abiout easier 03/10/2003 22:19:47 EST   zack and joe 03/10/2003 22:20:04 EST   have a great understanding and sometimes when a wyckoff students talks on it it may be cleaer 03/10/2003 22:20:12 EST   after u see a SC 03/10/2003 22:20:16 EST   on the monthly 03/10/2003 22:20:23 EST   most trades should be on the long side 03/10/2003 22:20:42 EST   u are always judging the markets action 03/10/2003 22:20:50 EST   by the price range and volume and closes 03/10/2003 22:21:02 EST   u may have a bearish day 03/10/2003 22:21:10 EST   in a monthly and weekly uptrend 03/10/2003 22:21:15 EST   this doesnt mean much 03/10/2003 22:21:28 EST   as long as the longer term time frames are up 03/10/2003 22:21:34 EST   and proportionately, why ? A monthly Sc produces a Monthly AR, better chance of seeing a larger rally taking place, than on a Daily Sc 03/10/2003 22:21:40 EST   u can buy with a reasonable stop loss 03/10/2003 22:21:46 EST   as the oddsare on your side 03/10/2003 22:22:01 EST   makes sense 03/10/2003 22:22:09 EST   It all goes back into itself 03/10/2003 22:22:21 EST   Why its so well designed 03/10/2003 22:22:33 EST   Gary, would you please talk on exit strategies? That's where profit or loss is decided 03/10/2003 22:23:03 EST   I just did maurice 03/10/2003 22:23:17 EST   u can sell at resiatnce or raisde stop as long as risk to reward is proper 03/10/2003 22:23:18 EST   Only thing I've ever come across, where you can look at any market, under any condition, and formulate a hypothosis or opinion 03/10/2003 22:23:36 EST   u r always judging strenghth and weakness of markets 03/10/2003 22:23:37 EST   check the logs tomorrow, maurice - it is there 03/10/2003 22:24:19 EST   Your risk, entries, exits are ALL Proportionate to, the TIME FRAME your trading 03/10/2003 22:24:24 EST   how did I miss it ? :) 03/10/2003 22:24:35 EST   ? 03/10/2003 22:24:37 EST   when you went fix that sandwich - lol 03/10/2003 22:24:42 EST   If Im buying Monthly Wheat, I dont have a 2 cent stop 03/10/2003 22:24:48 EST   lol, mm 03/10/2003 22:24:58 EST   If Im buying Daily, or hourly, perhaps 03/10/2003 22:25:18 EST   no really, didn't leave the puter :) 03/10/2003 22:25:35 EST   must have nodded off maurice 03/10/2003 22:25:49 EST   them catnaps will get ya, M, LOL 03/10/2003 22:25:55 EST   I did explain that joe 03/10/2003 22:26:02 EST   about month suports 03/10/2003 22:26:05 EST   OK i'll go in the corner with poiny hat lolk 03/10/2003 22:26:10 EST   Cause vs Effect, Effort vs Result, Supply vs Demand 03/10/2003 22:26:16 EST   Always working 03/10/2003 22:26:24 EST   on all time frames 03/10/2003 22:26:42 EST   please note when u look at time frames 03/10/2003 22:26:44 EST   i beat you to the punch, maurice, i asked the same question 03/10/2003 22:26:48 EST   they ahve theri own risk to reward 03/10/2003 22:26:56 EST   Many of you should be excited about now 03/10/2003 22:26:58 EST   :) 03/10/2003 22:27:01 EST   :) 03/10/2003 22:27:08 EST   u cant have a large move on a daily chart compared to monthly spoport 03/10/2003 22:27:12 EST   support 03/10/2003 22:27:30 EST   so when u buy monthly support 03/10/2003 22:27:34 EST   u muts have a larger risk 03/10/2003 22:27:39 EST   as the reward is greater 03/10/2003 22:27:44 EST   but with the greater risk 03/10/2003 22:27:51 EST   u have a greter chance of being right 03/10/2003 22:27:53 EST   Well you can Gary, but Wyckoff teaches us, that if proportions are out of wack, the sustainment of such a move is unlikely 03/10/2003 22:28:02 EST   :) 03/10/2003 22:28:10 EST   and the potiential is greater ( as well as risk) 03/10/2003 22:28:20 EST   but the better trade 03/10/2003 22:28:33 EST   u can narrow it down 03/10/2003 22:28:42 EST   to 1 minute charts if you have good eyes 03/10/2003 22:29:00 EST   but the wyckoff wave works on all time frames 03/10/2003 22:29:02 EST   You can see a wild gap up move, and start wondering, well G, the Cause wont support that move, or the Vol wont support that move, and your right 03/10/2003 22:29:14 EST   the only diifernce is risk to reard 03/10/2003 22:29:32 EST   cause vs effect 03/10/2003 22:29:40 EST   the leger the cause greater the reward 03/10/2003 22:29:59 EST   so the monthly is perferable on wyckoff support than the daily sould be 03/10/2003 22:30:07 EST   but u can still trasde it on all time frames 03/10/2003 22:30:12 EST   am I making sense? 03/10/2003 22:30:18 EST   y 03/10/2003 22:30:19 EST   y 03/10/2003 22:30:22 EST   y 03/10/2003 22:30:23 EST   y 03/10/2003 22:30:26 EST   y 03/10/2003 22:30:28 EST   y 03/10/2003 22:30:29 EST   y 03/10/2003 22:30:34 EST   Why we all are excited about grains this year for great prospects going into summer, last year broke out of a 4 year TR 03/10/2003 22:30:53 EST   Took out Monthly Resistance levels 03/10/2003 22:31:05 EST   On last years SOS 03/10/2003 22:31:26 EST   any q on tiem frames 03/10/2003 22:31:31 EST   We have huge Cause 03/10/2003 22:31:32 EST   andwhat they mean 03/10/2003 22:31:37 EST   and how they should be used 03/10/2003 22:32:09 EST   repititon, getting a better understanding 03/10/2003 22:32:18 EST   cool 03/10/2003 22:32:28 EST   yes, it all helps - 03/10/2003 22:32:28 EST   It takes awhile 03/10/2003 22:32:34 EST   good 03/10/2003 22:32:40 EST   Its over whelming at first 03/10/2003 22:32:46 EST   Lots to learn 03/10/2003 22:32:48 EST   if u keep reading the wyckoff principles 03/10/2003 22:32:51 EST   great instructers 03/10/2003 22:32:56 EST   u will see why time frames are important 03/10/2003 22:33:00 EST   y 03/10/2003 22:33:08 EST   very - sounds easy but hard to apply correctly 03/10/2003 22:33:15 EST   cause vs effort effort vs result deamdn vs supply 03/10/2003 22:33:19 EST   question 03/10/2003 22:33:26 EST   the longer u have data and charts the more relkaible 03/10/2003 22:33:30 EST   and more protibale 03/10/2003 22:33:32 EST   That takes time MM---but it is worth the effort :) 03/10/2003 22:33:36 EST   with that profitablity 03/10/2003 22:33:40 EST   more risk as well 03/10/2003 22:33:46 EST   takes time MM 03/10/2003 22:33:51 EST   last week David W mentiioned some books he recommended on reading mkts 03/10/2003 22:33:53 EST   I am only telling u words 03/10/2003 22:34:05 EST   but u must believe it 03/10/2003 22:34:11 EST   and do charts 03/10/2003 22:34:12 EST   but the log was eaten, not available 03/10/2003 22:34:18 EST   yes - you gave the info i needed to mark s/r lines on daily - learn to do that better on weekly - sometimes so easy and sometimes so many s/r areas 03/10/2003 22:34:25 EST   How many times you think Gary has gone over Principles, or Time frames, but see, its reinforcement training, thats why Zack and I dont mind one bit doing things on Sat, because we are reinforcing our very own training 03/10/2003 22:34:44 EST   I will always do s/r on charts 03/10/2003 22:35:02 EST   I reinforce becase it doesnt take time 03/10/2003 22:35:09 EST   and the words need to sink in 03/10/2003 22:35:13 EST   yes 03/10/2003 22:35:30 EST   it soulnds like u cna do this in a few lessons 03/10/2003 22:35:37 EST   but it takes many months of hard work 03/10/2003 22:35:41 EST   But in awhile I start seeing the whole Wyckoff wave on even min charts, its unreal 03/10/2003 22:35:47 EST   you got that right, gary! 03/10/2003 22:35:54 EST   works on All time frames 03/10/2003 22:35:58 EST   have to be reptitaive and do charts 03/10/2003 22:36:07 EST   Min Creeks are so cute 03/10/2003 22:36:10 EST   lol 03/10/2003 22:36:33 EST   User [greg] joined forum from 206.58.228.37 03/10/2003 22:36:36 EST   cdavid one of the books was "Tape Reading and Market Tactics" by Humphrey Neills 03/10/2003 22:36:39 EST   after u look at charts more and more 03/10/2003 22:36:45 EST   Hello, greg! 03/10/2003 22:36:46 EST   evening all :) 03/10/2003 22:36:54 EST   Hey Greg 03/10/2003 22:36:54 EST   u will see the minut details 03/10/2003 22:37:00 EST   thanx med, hi greg 03/10/2003 22:37:01 EST   just call me joe jr. :) LOL 03/10/2003 22:37:09 EST   hey ! 03/10/2003 22:37:11 EST   shh 03/10/2003 22:37:30 EST   to yuor corner then jr. 03/10/2003 22:37:32 EST   thank u meg 03/10/2003 22:37:34 EST   sorry joe, didnt mean to wake you up :) lol 03/10/2003 22:37:56 EST   lol cdavid :) 03/10/2003 22:38:01 EST   any questions on time frames? 03/10/2003 22:38:09 EST   Then after awhile those SOT and Terminal Upthrust start sinking in, those take awhile, because its advanced Wyckoff reads 03/10/2003 22:38:14 EST   for those who have the CD rom did u have questions 03/10/2003 22:38:24 EST   if u reviewed the CD rim 03/10/2003 22:38:26 EST   thanks for going over again, gary! appreciate it 03/10/2003 22:38:28 EST   and have questions please ask 03/10/2003 22:38:38 EST   Yes when is CD number 2 coming out ? 03/10/2003 22:38:41 EST   lol 03/10/2003 22:38:44 EST   and that will be done on thursday 03/10/2003 22:38:50 EST   after seminar, joe 03/10/2003 22:38:54 EST   I am getting more wyckoff info 03/10/2003 22:38:55 EST   :) 03/10/2003 22:38:59 EST   from the SMI course to u 03/10/2003 22:39:03 EST   cool gary :) 03/10/2003 22:39:05 EST   i still don't havee cd gary, need to order tomorrow 03/10/2003 22:39:08 EST   fantastic 03/10/2003 22:39:09 EST   very good! 03/10/2003 22:39:27 EST   great !!! 03/10/2003 22:39:32 EST   write to kelly at knorris@ltg-trading.com 03/10/2003 22:39:36 EST   she will give u detals 03/10/2003 22:39:39 EST   i will thanx 03/10/2003 22:40:00 EST   great stuff 03/10/2003 22:40:02 EST   I did, she sent me Richard Simons " Sweating to the Wyckoff Oldies 03/10/2003 22:40:08 EST   :) 03/10/2003 22:40:08 EST   lol 03/10/2003 22:40:11 EST   are there any charts u want me to discuss/ tomoorow 03/10/2003 22:40:15 EST   lol 03/10/2003 22:40:19 EST   lol 03/10/2003 22:40:20 EST   i find it better to go back to CD now after having been to these classes and understand more 03/10/2003 22:40:23 EST   Rice !!!! 03/10/2003 22:40:29 EST   wheat 03/10/2003 22:40:32 EST   wheat, corn sugar 03/10/2003 22:40:34 EST   I will send that 03/10/2003 22:40:36 EST   coffee, 03/10/2003 22:40:38 EST   cd 03/10/2003 22:40:40 EST   okay I will :) 03/10/2003 22:40:47 EST   sugar 03/10/2003 22:40:49 EST   Aussie 03/10/2003 22:40:53 EST   BP 03/10/2003 22:40:53 EST   cheese 03/10/2003 22:40:54 EST   cotton 03/10/2003 22:40:55 EST   ECU 03/10/2003 22:40:56 EST   cotton a SOT 03/10/2003 22:41:08 EST   copper 03/10/2003 22:41:13 EST   talk about sot - look at euro dollar 03/10/2003 22:41:13 EST   do nuts? 03/10/2003 22:41:15 EST   coffee and hogs 03/10/2003 22:41:23 EST   at least 5-7 of em Gary, if possible 03/10/2003 22:41:33 EST   all of em 03/10/2003 22:41:42 EST   silk and hides 03/10/2003 22:41:46 EST   Many important junctures in lots of em 03/10/2003 22:41:59 EST   lol 03/10/2003 22:42:07 EST   yup joe :) 03/10/2003 22:42:19 EST   Silk and hides ???? lol 03/10/2003 22:42:22 EST   zack how many do you trade at a time? 03/10/2003 22:42:38 EST   How many what cdavid 03/10/2003 22:42:46 EST   commodities ? 03/10/2003 22:42:47 EST   He's old, probably 3 03/10/2003 22:42:48 EST   besides gold and swissy? lol 03/10/2003 22:42:49 EST   LOL 03/10/2003 22:42:51 EST   of the commodities 03/10/2003 22:42:52 EST   lol joe\\ 03/10/2003 22:43:19 EST   Eggs and Rubber 03/10/2003 22:43:30 EST   We try and keep Zack away from Cocoa and Crude, and Cotton more 03/10/2003 22:43:32 EST   he cant remember which ones, fuzzy brain (mold?) :) LOL 03/10/2003 22:43:34 EST   LOL 03/10/2003 22:43:38 EST   thanks everyone - will call it a night - see you tomorrow - thanks again, gary 03/10/2003 22:43:39 EST   03/10/2003 22:43:39 EST   03/10/2003 22:43:39 EST   I have traded most of them at one time or another with the exception of meats 03/10/2003 22:43:43 EST   :) 03/10/2003 22:43:50 EST   User [M.Martin] left forum. 03/10/2003 22:43:53 EST   n......MM 03/10/2003 22:44:31 EST   I will send those charts 03/10/2003 22:44:31 EST   Gary ya know I dont recall you doing too many meat charts lately 03/10/2003 22:44:38 EST   But I have narrowed down what I look at since starting Wyckoff 03/10/2003 22:44:40 EST   I will have a contest for a book tomoorow 03/10/2003 22:44:56 EST   thanks gary, zack and joe 03/10/2003 22:44:56 EST   I have joe 03/10/2003 22:45:38 EST   why is that zack? 03/10/2003 22:46:26 EST   I mean you don't necessarily eliminate markets for consideration do you? 03/10/2003 22:46:28 EST   I will send those charts 03/10/2003 22:46:29 EST   I now like to zero in to very small time frames and catch the ebb and flow 03/10/2003 22:46:36 EST   we will have a new quiz soon as well 03/10/2003 22:46:38 EST   Thus 03/10/2003 22:46:59 EST   cool gary, those are great exercises 03/10/2003 22:47:00 EST   during the day---I only watch a couple on a continuous basis and 03/10/2003 22:47:02 EST   great Gary 03/10/2003 22:47:07 EST   others on a periodic basis 03/10/2003 22:47:34 EST   gotch ya 03/10/2003 22:47:45 EST   No cdavid---I don't intentionaly eliminate most of them 03/10/2003 22:48:23 EST   Just that I can only truly "feel" so many at a time on intraday basis 03/10/2003 22:48:44 EST   i do know what you mean 03/10/2003 22:48:53 EST   thanx 03/10/2003 22:49:04 EST   User [MDD] left forum. 03/10/2003 22:49:11 EST   gary, gotta go...good class tonight..thanks 03/10/2003 22:49:13 EST   well, its that time again, thank you all, nite 03/10/2003 22:49:20 EST   thanks again - goodnight to all 03/10/2003 22:49:20 EST   User [Sid] left forum. 03/10/2003 22:49:21 EST   thx gary...........nite all .........c u tomm 03/10/2003 22:49:24 EST   User [Len] left forum. 03/10/2003 22:49:25 EST   User [meg] left forum. 03/10/2003 22:49:25 EST   well I will see u all tomooorw night 03/10/2003 22:49:28 EST   with those charts 03/10/2003 22:49:28 EST   User [cdavid] left forum. 03/10/2003 22:49:32 EST   User [Joe K] left forum. 03/10/2003 22:49:35 EST   thx gary nite all 03/10/2003 22:49:36 EST   I need to do chartsas I miseed today 03/10/2003 22:49:41 EST   User [dca] left forum. 03/10/2003 22:49:41 EST   Thanks Gary 03/10/2003 22:49:44 EST   good night all :) 03/10/2003 22:49:46 EST   User [gary fullett] left forum.