Trading Discussions - Notes from Jimmer's Echat Comments in B-Line room 1-30-06 to 2-10-06

Q -10:49 jimmer.... if band is at, say .85, is your CIT at 90 or 80?

A -10:51 jimmer49: coin toss
10:51 jimmer49: no rule
10:52 jimmer49: which do you want more - to be filled or to be conservative?

Q - 13:08 CB: jimmer - is that chart with the dacharts templates?

A - 13:14 jimmer49: CB - I really don't know, since I did not post the dacharts template

NOTE - The Bline room has constructed a template similar to Jimmer’s called 2X Basic:
http://www.dacharts.com/templates/index.php

Q -13:19 Jimmer, when you have time, on last mof (jimmer51.png) did you take mof after yellow arrow because STO7 was touching STO21 where as for yellow arrow, STO7 was not touching STO21 yet ?

A -13:32 jimmer49: I took the trade without regard to any of that
13:33 jimmer49: was a band entry after sto 21 had turned down and 500v looked friendly to the trade
13:35 jimmer49: I guess I was just more sure of the trade at the second touch


Comments on 500V time frame stochastics

Q -11:27 what time frames do you look at jimmer apart from the 92 v and 167 v

A - 11:28 jimmer49: 500, 1500
11:28 jimmer49: 55 at times
11:29 jimmer49: sto on 500 most important
11:29 jimmer49: entries on 92 and 167 usually
11:31 Kubes: which sto on 500v...7?
11:32 jimmer49: both
11:32 jimmer49: and how they relate to each other
11:32 jimmer49: together, separated, extended, etc.
11:34 jimmer49: almost all trades are with the 7, but need the other to measure validity and potential

SMAX Trading System Comments

22:21 jimmer49: Oh my gosh, not the smax one
22:21 jimmer49: that should be deleted by now
22:21 jimmer49: was first baby steps toward much better things
22:24 jimmer49: smax one was when daily ranges were 3 times what they are now
22:24 Red: jimmer on anticipation : a good story indeed
22:24 jimmer49: that one I still like, but might express it differently
22:25 jimmer49: it is what brought me to using bands
22:27 jimmer49: of course, if you anticipate too soon, you pay
22:28 jimmer49: haven't found the easy button quite yet
22:32 jimmer49: Buffy, can we get rid of that smax stuff or note somehow that it is now just history worthy of nothing other than curiosity?
22:34 jimmer49: just don't want them to try trading it in current environment
22:34 Kubes: jimmer most people ignore smax becasue it is clear 2X replaced it
22:35 jimmer49: at least not without a serious sim test drive
22:35 jimmer49: good then
22:35 @Buffy2: ok as is jimmer?
22:35 jimmer49: yep
22:36 jimmer49: thanks

Tiered Sling Comments

10:57 jimmer49: tiered sling very helpful in measuring potential
10:58 Kubes: because of separation aspect?
10:58 Kubes: both with 7sto and 21sto
10:59 jimmer49: yes
10:59 jimmer49: big separation is powerful
11:00 jimmer49: trumps a lot of other things

Chart Comments

14:55 jimmer49: 1500v sling triggered
14:56 jimmer49: reason for my 92 entry
14:58 jimmer49: not unusual to have some slop on those
15:09 jimmer49: buy div on 500 was there, but too much in muddle mode to see in time
15:10 jimmer49: first try was premature
15:11 jimmer49: but hard to know then
15:12 jimmer49: but is important to see those htf slings and stalk them
15:12 jimmer49: because so much juice when they go

92V


1500V