Thursday, May 09, 2013 11:46:36 AM
Use stops...
(maybe I'll edit this later...taking too much time...hope you get the points here...really is simple...)
The Bollinger Bands BOX price in...the real name VOLATILITY BANDS
In my definition you will see I talk about trading all timeframes with the daily bias...
TOPS are easier then bottoms.
Market isn't going to run away...these BANDS frequent stop an advance or decline...consolidations happen and reversals happen...before computers I drew my own charts...the calculation of these bands is a statistical reading and therefore centerline and "mean reversion" is the goal...crowd gets too far away from centerline it eventually goes back to centerline...you just need to know that centerline is a moving target as time goes by. BECAUSE its a moving average that keeps moving and averaging.
Everyone is afraid of the HFT Robots...algorithms...=Bollingers could be a part of their program...its no secret...just boring Math.
The parameters of the volatility bands define the trade...swing trades are there...so trade them until you own the index at no cost and then you can become the Market...just like those "evil" bigBoyCrooks.
FIND a method to Your madnes or the MADNESS 0f the CROWD and capitalize on it.
UP-SideWays-Down random wanderings
Add some INDICATORS that indicate where you're at...
Above below the 10day moving average...
If you don't know where you're at how you going to know where you're going...
ADD a faster average as a trigger...not rocket science just crowd behavior...sometimes out of control...not you control if you know how to define and see the crowd...
Price is the best indicator=indicates direction...turn price into an indicator(connect the dots)...cross some other indicator confirms change in direction...obvious change change most everyone can see...IF you know what to look for...
Chart price and moving averages ...Starting to look a whole lot like that MACD indicator...isn't it...Chart indicators and lines on the price chart are also indicators helps you KNOW Where You're AT...until it prints on the chart it didn't happen...its an IS thing...if you can't see it on the price chart it didn't happen...so if its on the chart it is what it is...IF you're paying attention people like me could be trying to distract you so you wonder in DOUBT of what IS and doubt of what you IS...sheeple...you're a slave NEO...if you don't reclaim your mind for yourself...
Bollinger AKA Volatility Bands box price in...a simple set of parameters...suggest that there are limits to this MADNESS...you call the CROWD...
3 months of the Madness of the Crowd...so there appears to be some definitions you can define to this CROWD behavior...man on the street or the evilBankerCrooks...those definitions have trigger points on the chart as they cross and change direction...
ONLY HUMANS CAN COMPLICATE...up...dOWN...sIDEwAYS...your job is NOT be a part of the crowd...and you can see changes in the crowd...recall=if it doesn't print on the chart it hasn't happened...all trades happen on the daily chart but you're a day late because you have to see it "PRINT"...this is where intraday charts are needed...it "prints" on the intraday first IF you KNOW where you're at...and know what you're looking at...
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p98088243486&r=1368111204343
6 months of Crowd Behavior...
ADD another price chart indicator...
2 standard deviation of a centerline to help define deviant BEHAVIOR of the CROWD...simple isn't...that is ...
3 monthes of MadNess...with a couple of overbought oversold "technical" indicators...If you don't know how you got here...you most likely won't know a change in direction if it bit you on your ass...Technical INDICATORS..."indicate" CHANGE,,,some INDICATE CHANGE when you're at extented/overbought/oversold/extreme levels within the ...parameters...of PRICE...BOXED inside those Volatility Bands...all objective data...not subjective belief or opinion...NEWS overrides that data but only for as long as it take for the price chart indicators to reset and the technical indicators to reset...intraday charts will reset first...NEWS happens...intraday cahrt will be the chart to look at first...
Its as simple as you'd like it to be...humans seem to want to complicare everything in order to appear knowing and in control when actually they don't know shit because they are to busy thinking they know...that's the MADNESS of the CROWD...you want to be part of the crowd or do you want to see the crowd from a different point of view...the objective point of view...
You are now an expert...if you were paying attention.
Give back some to a good cause...
We can and do beat the crooks at their game...
Enjoy...good trades...
You are only as good as your Next trade...trade it with objectivity not you feelings imaginings belief or EGO...just objective data...=SIGNALS at SIGNAL LINES...
Ki...Kiy...theMatrix
Statistical Six Sigma Definition
What does it mean to be “Six Sigma”? Six Sigma at many organizations simply means a measure of quality that strives for near perfection. But the statistical implications of a Six Sigma program go well beyond the qualitative eradication of customer-perceptible defects. It’s a methodology that is well rooted in mathematics and statistics.
The objective of Six Sigma quality is to reduce process output variation so that on a long term basis, which is the customer’s aggregate experience with our process over time, this will result in no more than 3.4 defect parts per million (PPM) opportunities (or 3.4 defects per million opportunities – DPMO). For a process with only one specification limit (upper or lower), this results in six process standard deviations between the mean of the process and the customer’s specification limit (hence, Six Sigma). For a process with two specification limits (upper and lower), this translates to slightly more than six process standard deviations between the mean and each specification limit such that the total defect rate corresponds to equivalent of six process standard deviations.
...KEEP it SIMPLE...
(maybe I'll edit this later...taking too much time...hope you get the points here...really is simple...)
The Bollinger Bands BOX price in...the real name VOLATILITY BANDS
In my definition you will see I talk about trading all timeframes with the daily bias...
TOPS are easier then bottoms.
Market isn't going to run away...these BANDS frequent stop an advance or decline...consolidations happen and reversals happen...before computers I drew my own charts...the calculation of these bands is a statistical reading and therefore centerline and "mean reversion" is the goal...crowd gets too far away from centerline it eventually goes back to centerline...you just need to know that centerline is a moving target as time goes by. BECAUSE its a moving average that keeps moving and averaging.
Everyone is afraid of the HFT Robots...algorithms...=Bollingers could be a part of their program...its no secret...just boring Math.
The parameters of the volatility bands define the trade...swing trades are there...so trade them until you own the index at no cost and then you can become the Market...just like those "evil" bigBoyCrooks.
FIND a method to Your madnes or the MADNESS 0f the CROWD and capitalize on it.
UP-SideWays-Down random wanderings
Add some INDICATORS that indicate where you're at...
Above below the 10day moving average...
If you don't know where you're at how you going to know where you're going...
ADD a faster average as a trigger...not rocket science just crowd behavior...sometimes out of control...not you control if you know how to define and see the crowd...
Price is the best indicator=indicates direction...turn price into an indicator(connect the dots)...cross some other indicator confirms change in direction...obvious change change most everyone can see...IF you know what to look for...
Chart price and moving averages ...Starting to look a whole lot like that MACD indicator...isn't it...Chart indicators and lines on the price chart are also indicators helps you KNOW Where You're AT...until it prints on the chart it didn't happen...its an IS thing...if you can't see it on the price chart it didn't happen...so if its on the chart it is what it is...IF you're paying attention people like me could be trying to distract you so you wonder in DOUBT of what IS and doubt of what you IS...sheeple...you're a slave NEO...if you don't reclaim your mind for yourself...
Bollinger AKA Volatility Bands box price in...a simple set of parameters...suggest that there are limits to this MADNESS...you call the CROWD...
3 months of the Madness of the Crowd...so there appears to be some definitions you can define to this CROWD behavior...man on the street or the evilBankerCrooks...those definitions have trigger points on the chart as they cross and change direction...
ONLY HUMANS CAN COMPLICATE...up...dOWN...sIDEwAYS...your job is NOT be a part of the crowd...and you can see changes in the crowd...recall=if it doesn't print on the chart it hasn't happened...all trades happen on the daily chart but you're a day late because you have to see it "PRINT"...this is where intraday charts are needed...it "prints" on the intraday first IF you KNOW where you're at...and know what you're looking at...
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p98088243486&r=1368111204343
6 months of Crowd Behavior...
ADD another price chart indicator...
2 standard deviation of a centerline to help define deviant BEHAVIOR of the CROWD...simple isn't...that is ...
3 monthes of MadNess...with a couple of overbought oversold "technical" indicators...If you don't know how you got here...you most likely won't know a change in direction if it bit you on your ass...Technical INDICATORS..."indicate" CHANGE,,,some INDICATE CHANGE when you're at extented/overbought/oversold/extreme levels within the ...parameters...of PRICE...BOXED inside those Volatility Bands...all objective data...not subjective belief or opinion...NEWS overrides that data but only for as long as it take for the price chart indicators to reset and the technical indicators to reset...intraday charts will reset first...NEWS happens...intraday cahrt will be the chart to look at first...
Its as simple as you'd like it to be...humans seem to want to complicare everything in order to appear knowing and in control when actually they don't know shit because they are to busy thinking they know...that's the MADNESS of the CROWD...you want to be part of the crowd or do you want to see the crowd from a different point of view...the objective point of view...
You are now an expert...if you were paying attention.
Give back some to a good cause...
We can and do beat the crooks at their game...
Enjoy...good trades...
You are only as good as your Next trade...trade it with objectivity not you feelings imaginings belief or EGO...just objective data...=SIGNALS at SIGNAL LINES...
Ki...Kiy...theMatrix
Statistical Six Sigma Definition
What does it mean to be “Six Sigma”? Six Sigma at many organizations simply means a measure of quality that strives for near perfection. But the statistical implications of a Six Sigma program go well beyond the qualitative eradication of customer-perceptible defects. It’s a methodology that is well rooted in mathematics and statistics.
The objective of Six Sigma quality is to reduce process output variation so that on a long term basis, which is the customer’s aggregate experience with our process over time, this will result in no more than 3.4 defect parts per million (PPM) opportunities (or 3.4 defects per million opportunities – DPMO). For a process with only one specification limit (upper or lower), this results in six process standard deviations between the mean of the process and the customer’s specification limit (hence, Six Sigma). For a process with two specification limits (upper and lower), this translates to slightly more than six process standard deviations between the mean and each specification limit such that the total defect rate corresponds to equivalent of six process standard deviations.
...KEEP it SIMPLE...
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
