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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: kimberley who wrote (59167)	5/5/2022 8:00:13 PM
From: Lee Lichterman III	3 Recommendations Recommended By ajtj99 kimberley towerdog Respond to of 97958

I tried putting it on a chart recently but I guess I didn't understand how to use it to try it out with real trades. It looked kinda like volume profile but with Bollinger bandy kind of curvy channels but they got bigger and smaller. My daily system that I use for my "normal market" swing trading is simple arrows firing that picks highs and lows. It's almost idiot proof. LOL It worked great in the 90s through early 2000s. I didn't trade much when I got a high demand job. When I started trading again, it still works but not as good as it used to. I've been tweeking it but I think the computerized algo environment has changed things in the overall market. Sometimes my signals are a day early and sometimes late. Day trading is kind of the same. I never had intra day charting software so never wrote a formula like my swing trading system. I used to just use online charts and some simple indicators and trend lines, formations etc. Now that I'm starting to do it again, I'm having more success with channels. On daily charts I always used pitchforks so I think channels just look more familiar to me. I used to just trade on my phone but finally broke down and started doing it on my laptop two days ago. It's a LOT better but I'm still getting used to the new software. Today I had an order in and couldn't figure out how to change my ask price. I was in a panic but luckily the market bounced and I got my fill. LOL

To: kimberley who wrote (59167)	5/6/2022 12:28:49 AM
From: Lee Lichterman III	2 Recommendations Recommended By ajtj99 kimberley Read Replies (1) \| Respond to of 97958

So I put VWAP on my chart again and during regular hours, it looks like it basically divides the action into bullish/bearish action so it would be useful for knowing if you should be long or short so you aren't fighting the trend. Then you can use other tools for entry/exit. Afterhours though like now, it is still using the higher range and volume from regular hours I guess so the boundaries are wide which is shrinking my actual price bars to almost unreadable. Do you use it for actual trade price entry/exit because mine looks like price didn't make it all the way to the edges on default 2/2 setting. I knocked it down to 1.5/1.5 but then it gets overshoots every once in a while that would be whipsaws. I might use it to keep me with the trend so I don't get "lost" during the day when I'm zoomed in and might miss the bigger picture.