Recent content by ljyoung

This is quite excellent and will allow a trader to get to the meat of a run, then actually take some. We are all in Mr. Tom William's debt. The point about increased volume with decreased volatility [(H - L) = range = volatility] is spot on. Another indicator of smart$ shenanigans is the...

This is a "tidy-up" post (I received a French maid's outfit for Christmas and am dying to try it out) to show some data I collected a while ago with respect to variability in the opening price for an equity (GOOG), quoted by various 'quote providers'. The table is self-explanatory but if anyone...

Ahh. Now with the cascade of ad hominems but only one pitcher. An improvement. Again, I said that fractals were not necessary to trade effectively depending on what type of protocol one uses, a simple statement which you just are not getting, nor will you ever. Who cares? While some level...

It's good that you've returned to form tempy-baby. It's clear that attempting to converse without the use of visual aids was simply too much to handle. Your riposte has left me shattered. I'm glad to hear that you know a LOT (why the caps?) about probability theory (and yes Virginia...

Your condescension is REALLY more than a bit much and I welcome your continuing to use it as part of the justification for your premise. I'm not sure (REALLY) what the opening words in your post, "No, it does not ..." refer to. As for confusion-engendering palaver, PA people, by the very...

What we have here is a difference of opinion with respect to the relevance of multiple time frames in a trading protocol. One discussant says they are irrelevant while the other says they can be relevant. As for whether or not being aware of time fractals involves less than not being aware of...

Quote: Originally Posted by ljyoung I'm talking more about how Einstein's results facilitated the movement and tracking of astronauts in space. That is a trivial, mechanical problem - far removed from trading. Sorry. My original point was simply that discoveries in one field can be applied to...

Vide supra. lj

Which is to say that a trading protocol if it is truly time fractal idependent will apply equally well to a 5 year weekly chart and a 1 year daily chart. The latter for the purposes of data point equivalence, in this discussion will be assumed to have 260 trading days. lj

Time fractals by their very nature apply to all markets. It is the trader's methodology which may not be fractal independent. lj

Which market and what is the context of its yet to be determined relevance? lj

Why is oxygen a ground state triplet? Ans: If it wasn't we wouldn't be having this conversation. The same, IMO, holds true for fractals, as in why is a tree a fractal entity? One can contemplate reasons why a tree is like a tree as opposed to it being like a stone and then test your various...

Was Albert Einstein a good astronaut? lj

Fractals exist because they are a fact of nature. As to position size, yes of course, one doesn't want to perturb what you perceive to be happening by being greedy - patience is better. Channels (a diagonal trendline pair) are, IMO, the 'carrier' of price. lj

Yes, well, now that we're agreed that price and B/S activity around that price are of consequence, we can move to the next portion of the syllabus (let's call it Trading 101.1)which is, "Why is it even possible that Sarah Palin is considered by so many Americans to be a VP option and how can...