TTM Squeeze in QuoteTracker

TTM system for QT - 2 : TTM Squeeze

this video explains how to use it.
http://www.tradethemarkets.com/products/item5.cfm

coding set-up is followed.

1, in QT menu, charts --> Chart Paintbar Editor;

2, Add New rule "TTM Squeeze", apply the following rules, then save it.

if (Bollinger Bands(20,2).Upper-Keltner Bands(20,1.5).Upper)<=0 set color to Red

if (Bollinger Bands(20,2).Upper-Keltner Bands(20,1.5).Upper)>0 set color to Green

3, now go to any intraday chart. right click then select "Select Indicators", add the "Paintbar - Bottom" at lower left window, add "TTM Squeeze" indicator. Also, change the “Show On” parameter to “Shape Band - Zero Line”, choose “Foregnd”, Thick = 6, and Shape = circle.



4, after click OK, it will ask you if you want to add "Bollinger Bands (20,2) and Keltner Bands (20,1.5)" , Just click on “Yes”. When you are done, you can hide the Bollinger Bands and Keltner Bands top indicators by clicking on "Edit" followed, then selecting "Hide Indicator". if successed, "< H >" will be appeared after each indicators.

5, add Momentum Oscillator, changed its (5,34) to (12,34) by "Edit" it. personally, i would like to change the color too.



6, make sure that you link the Paintbar(TTM Squeeze) and Momentum Oscillator(12,34) by clicking in between the two dots to the left of these indicators.

at the end, indicator setting screen should look like this.



when the indicator applied, should look like this.

2009 January

all eyes should be on Jan. base on a report I read somewhere and sometime ago, Jan's market movement has 50% chance to set the tone for the rest of year.

as I see here, market might runs high on early Jan, to 920~940 level, intra-month down to 810~820 test support and fill its gap, finish its second down leg to 740 or not, all depends, then will close up a bit higher at 860 level to finish, make Jan a negative month.

following is an interesting comparision. why these two months? same market internal strengths. FED injected liquidity by historical rate cut ,( 2008jan cut 150 bpt and 2008dec cut 75 bpt), followed by all bad economic numbers, but market refused to drop.

2008-02


2008-12

all the mistakes u can make..and likely, will make..

option operation class by 老吴头

OK! Let's do it

Class two.....option time course and charactors.

1. the reason to list option is not for hedge in 90% condition and time. Option is the tool for the MM to make compensation for their huge stake holding. in most condition, MM try to sell option, but not buy. As results, if y buy the option until expired day, 99% people are loser. Therefore, if y want to play option, you have to understand MM's mind. ....their expenditure, then we have the time course that always happen in 90% condition.

2. Phases

Phase 1.
After expired day, there is 4-5 weeks to next ED. At the 1-2 week, the price of the option has more premium, therefore, MM like to sell them, buy not buy until premium smaller. In most cases, their moving is around 1-2 folds. For operation, I alway follow the MM, just short both siders at very little number, if one side lose 1 fold, short more. In most %, after one week holding short , you can get get profit from both side if mt no big moving. Then, time's phase 2

Phase 2
From week2-3, shares begin to move and in most case, they move toward opsite direction of week1 since MM sold that other direction. No reason to set fished free. But be careful, check the volume of both side, the prices is below or higher than the big volume. For examle, if the call is below the big volume in the history, the share shall be down, put should up. Now, be careful, before the direction change, MM always like to decrease the premium of both sides to confuse us. At phase 2, the time course mostly are longer that phase 1 and 3 up to 7-10 days. Ok, let see Phase 3. The short life but crazy shaking phase.

phase 3
After phase 1 and 2, MM sold the goods at both sides and option losed most premium. Then what is the most importanct? the volume, a) from the volume of 3 three weeks, y can see MM's mind and most huge volumes become the presure to the shares's moving. b) check the call/put ratio, make a judgement which side moving is good for MM -------selling more options of both sides , but not set tiny fish free. As the results, phase 3 is the most dangerous since its moving is very short life. It could be 1-2 day with 5 or higher folds moving. For operation, a) contrarian to know the ratio of call/put, to know the moving direction; 2)don't be greed , take profit ASAP; 3) if y can't find direction, short the one moving 5-10 folds.

Above is the basic time courses of option moving. In 90% condition, MM do like this.

TTM trend in QuoteTracker

TTM system for QT - 1 : TTM trend

this video explains how to use it.
http://www.tradethemarkets.com/products/item9.cfm
coding set-up is followed.

1, in QT menu, charts --> Chart Paintbar Editor;

2, Add New rule " TTM trend", apply the following 3 rules, then save it.

if (Bar High+Bar Low)/2<(((Bar High[1]+Bar Low[1])/2) + ((Bar High[2]+Bar Low[2])/2) + ((Bar High[3]+Bar Low[3])/2) + ((Bar High[4]+Bar Low[4])/2) + ((Bar High[5]+Bar Low[5])/2) + ((Bar High[6]+Bar Low[6])/2))/6 set color to Red

if (Bar High+Bar Low)/2>(((Bar High[1]+Bar Low[1])/2) + ((Bar High[2]+Bar Low[2])/2) + ((Bar High[3]+Bar Low[3])/2) + ((Bar High[4]+Bar Low[4])/2) + ((Bar High[5]+Bar Low[5])/2) + ((Bar High[6]+Bar Low[6])/2))/6 set color to Blue

if (Bar High+Bar Low)/2=(((Bar High[1]+Bar Low[1])/2) + ((Bar High[2]+Bar Low[2])/2) + ((Bar High[3]+Bar Low[3])/2) + ((Bar High[4]+Bar Low[4])/2) + ((Bar High[5]+Bar Low[5])/2) + ((Bar High[6]+Bar Low[6])/2))/6 set color to Yellow

3, now go to any intraday chart. right click then select "Select Indicators", add the "Paintbar - Top" at upper left window, and then click on the "Edit" to the right of the indicator. select "TTM Trend","Show On" should default to "Candles", then "OK". Also, make sure that in the same menu of "Select Indicator", "Chart Type" is using OHLC.

when finished, chart should look like this:

< how i made 2 million in the stock market >, by nicolas davas

interesting little book wrote by someone has no training within financial background. not the methods in the book attacted me, but the disciplines applied in his fantasitic works. here is what i got from it.

1, always has stop order readied. if you dont have one, dont buy.

2, stay away from chaostic sources, culture your own sense to the market. the herd behavioral model is a total disaster of trader. when everyone trys to stay close to wall st., you want to stay away from it.

3, box theory by nicolas mostly addresses the stock movement within a limited range. when price move to the upper limit of a box, its under selling presure, bounce back is expected, and stop lost should set to slightly below the lower box.

only if the price is pushed over the box with volume support, then we can confirm that the stock is moving to a new, higher box movements. stop loss should be reset as well.

4, for extension discussion, price and volume movement is the principal of all principals.

5, trust TA, mean while, be flexible of trend with no bias.

6, dont do stupid thing when you are sure that you are in the right trend, tough, but hold on to it.

炼心之战

once again, SPY reclaims its 50 MA close after 3 months.

牛熊过去三个礼拜的拉锯战，北风之下，Mr. bernake的屠城箭飘至，血花绽开，这个OE江山似乎已定。居高而下所见，实非牛军之勇，纯粹熊熊相互践踏而死。双方战士围墙高筑，主力尽藏，前哨稍有接触立刻变阵。阵法之多，熊旗，牛三角，倒头肩之阵，变化万方，阵中有阵。武器之繁，外汇，石油，黄金，日用品，联邦储备，飞花摘叶，随手拈来，无所不用其极。

胶着之际，双军将士彷徨无奈，心中煎熬。有早退者，后悔未能赢得更多。有临阵投敌者，丢下盔甲，却被自家人践踏而亡。呜呼，混沌有例，未过于此。

历史书之，名曰炼心之战。

然而飞刀尽出之时，穿透迷雾，未来更是清晰。且看牛军破釜沉舟之力，又能退熊军几里？