Clown's Weekly 34.
- Thread starter The Dutch Clown
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janebowles
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Cassandra said:
I second this question.
Also with my respects
JaneB
The Dutch Clown
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What can I say,
Well my preferred smoke is an excellent cigar, handmade long filler, so I will pass on your pipe thank you very much. So what’s your question?
Mr. Churchill smoked a fine cigar and gave his name to a model.
So I will have one right now.
Cheers.
Well my preferred smoke is an excellent cigar, handmade long filler, so I will pass on your pipe thank you very much. So what’s your question?
Mr. Churchill smoked a fine cigar and gave his name to a model.
So I will have one right now.
Cheers.
Dear Clown,The Dutch Clown said:
What are you up to with that model? I must say I really miss your update. Even more because I understand a lot more of it than in the beginning. Solar calculator tells me that 0 is behind us. Focus on october 7th. Next move seems to be 21st or 22nd of november. Got a new toy: gannalyst. Fabulous Gann and Fibonacci calculations. Nice extra to the rest of my TA tools. Does it work? Well, in the last 8 trades only one minor loss. Nice page 58 last week.
Cheers,
Pacito
The Dutch Clown
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Pacito,
I have scaled down the update frequency dramatically to focus more on trading the longer term period and spend more quality time living. In the absence of the analyst his replacement made such a mess of the daily column I posted a couple of screens to show the differences.
You might recall the 478,44 and May situation where the Gann Squaring time/price did hit on both price and time in the 217,80 level. Well as you might have guessed the 480,59 again causes hesitation moving forward combining it with the time hit September 30th completes the picture. These points in price and time show the characteristics of at least hesitation in movement and possible turning point.
If you take a close look at your charts you will notice bearish divergence and that’s the thing that’s holding the AEX back so it has to be taken out in order to be able to move forward. So yes there are a number of Positive Reversal Signals indicating moving up so your Titanic scenario is not just valid yet.
One of the projects I am currently working on is a definition of a trending system within a trading environment. A closer look at the trending side tells us that the Longterm is ++ the Midterm is ++ and the Shortterm is ++ trending although the ST second + was quite close to changing into a -. It also could be used on the intraday charts but I want to be able to keep a bit more distance and the trend is definitely my friend here.
In Yank’s land we have elections coming up and Cowboy George will help his little friends to keep there comfortable seat’s where ever he can. So from that point of view it is extremely unlikely that we will see stock markets collapse. Yes I know it has nothing to do with Technical Analysis but one has to keep an open mind and common sense should be applied as well.
Have fun.
PS: Nootje Welcome (we control the quality here).
I have scaled down the update frequency dramatically to focus more on trading the longer term period and spend more quality time living. In the absence of the analyst his replacement made such a mess of the daily column I posted a couple of screens to show the differences.
You might recall the 478,44 and May situation where the Gann Squaring time/price did hit on both price and time in the 217,80 level. Well as you might have guessed the 480,59 again causes hesitation moving forward combining it with the time hit September 30th completes the picture. These points in price and time show the characteristics of at least hesitation in movement and possible turning point.
If you take a close look at your charts you will notice bearish divergence and that’s the thing that’s holding the AEX back so it has to be taken out in order to be able to move forward. So yes there are a number of Positive Reversal Signals indicating moving up so your Titanic scenario is not just valid yet.
One of the projects I am currently working on is a definition of a trending system within a trading environment. A closer look at the trending side tells us that the Longterm is ++ the Midterm is ++ and the Shortterm is ++ trending although the ST second + was quite close to changing into a -. It also could be used on the intraday charts but I want to be able to keep a bit more distance and the trend is definitely my friend here.
In Yank’s land we have elections coming up and Cowboy George will help his little friends to keep there comfortable seat’s where ever he can. So from that point of view it is extremely unlikely that we will see stock markets collapse. Yes I know it has nothing to do with Technical Analysis but one has to keep an open mind and common sense should be applied as well.
Have fun.
PS: Nootje Welcome (we control the quality here).
The Dutch Clown
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Pacito,
As you might know doing the many different Gann calculations cause almost a headache and is quite some work to perform. It is that C. Brown in the book admits that when everybody else is having a drink in the pub after stock market close she is working doing her calculations. So I sort of gave up my effort finding a piece of software that does the Gann thing and did write a number of routines in Excel to do part of the work. As you told us you now use GannAlyst I did a number of simple Gann calculations and I am wondering how much of it you will be able to do in that piece of software. The 217,80 shows 517,93 at 360°. The 307,31 shows 518,94 at 225°. The 409,56 shows 517,00 at 90°. The 460,17 shows 515,36 at 225°. Pretty much straight forward and should not cause any problem in your toy but what I am curious about is what level of interpretation this Aussie has put in of the more complex Gann theory’s if at all.
One of C. Brown remarks that sort of keeps running through my brains – like c… running around..- is where Gann and Fibonacci meet and if we consider a Fibonacci level of 517,77 we might have a winner here. In the mean time from a TA point of view it would be ever so nice if that bearish divergence will be blown out of the water, so things will get a bit less complicated. Yes I know there is no such thing like a perfect world. The most recent Positive Reversal signal indicates the AEX is preparing to have a go at it anyway.
Have fun.
As you might know doing the many different Gann calculations cause almost a headache and is quite some work to perform. It is that C. Brown in the book admits that when everybody else is having a drink in the pub after stock market close she is working doing her calculations. So I sort of gave up my effort finding a piece of software that does the Gann thing and did write a number of routines in Excel to do part of the work. As you told us you now use GannAlyst I did a number of simple Gann calculations and I am wondering how much of it you will be able to do in that piece of software. The 217,80 shows 517,93 at 360°. The 307,31 shows 518,94 at 225°. The 409,56 shows 517,00 at 90°. The 460,17 shows 515,36 at 225°. Pretty much straight forward and should not cause any problem in your toy but what I am curious about is what level of interpretation this Aussie has put in of the more complex Gann theory’s if at all.
One of C. Brown remarks that sort of keeps running through my brains – like c… running around..- is where Gann and Fibonacci meet and if we consider a Fibonacci level of 517,77 we might have a winner here. In the mean time from a TA point of view it would be ever so nice if that bearish divergence will be blown out of the water, so things will get a bit less complicated. Yes I know there is no such thing like a perfect world. The most recent Positive Reversal signal indicates the AEX is preparing to have a go at it anyway.
Have fun.
The Dutch Clown
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Hi Pacito ,Pacito said:
As I said to Clown , we are now on a ride...but wat is the meaning of 'pyramid' in your last attachment?
Have a nice evening contemplating the US market...
Greetz
Gogo
Clown
You remember my remark about the moneyflow index...My first research gives surprising results... despite the fact it has to happen between the soup and the patatoes.... according to the results we should reach a short term high of 491.08 ! Coincidence that GJN has the same target? ... is there some correlation with RSI?...so further investigation is now necessary on the formulae... What is white is not black or what is not black should be white? ...
Have a nice smoke
Gogo
The Dutch Clown
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Dear Gogo27,
The MFI is RSI plus volume into it... and that's also the problem since the AEX index volume is not available through the exchange and therefore dataproviders do not deliver it.
So take a close look at the volume that is being used...
have fun.
The MFI is RSI plus volume into it... and that's also the problem since the AEX index volume is not available through the exchange and therefore dataproviders do not deliver it.
So take a close look at the volume that is being used...
have fun.
Didi Gogo,gogo27 said:
That should be the last resistancelevel before going to 512. Don't put to much emphasis on it. Its a new program and I didn't finetune all the possibilities. Don't want to be a member of the defaultclub.
Pacito
PS At the moment I'm searching for my eyes. They fell out at about 22.30 seeing 11,850,61.
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The Dutch Clown
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janebowles
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Dear Clown, is it possible to explain what the blue dot means? Is it something from the Gann method?The Dutch Clown said:
Thanks, I myself am drinking a fine French cognac at the moment. It was a beautyfull day!
Have a nice on yourself,
Jane
janebowles
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Could it possibly be the crossing of the long term trendline with the 490 horizontal line?The Dutch Clown said:
With respect,
JaneB
