LBR Forum November 2007

[fchris]

This forum is for LBR members to discuss LBR concepts.

My initial post to kick things off is a simple 'Taylor Summary' of recent action. This is for the period ended Friday 11-2-07.



I have 2 indicators at the bottom. both are simple.

First just calculates whether the highest or lowest bar of the day came 'first.' The market tends to alternate on this and Linda/Taylor stress the importance on watching highs and lows. This may seem subtle but I have found watching this alteration useful.

The second indicator helps to show 'location'. It is simply the distance back to the 15-min EMA for the morning session. If market is starting with an 'extreme gap' -- it will often head back toward the 15-min EMA at some point -- even if the ultimate direction is in the same direction as the gap.

Taylor also stressed violations of previous day 'high' and 'low'.

Thus in an idealized setting you would look for:
1) 2 consecutive high to low days
2) a 'violation' of the previous day low in the morning session on day 3
3) a start a good distance away from the 15-min EMA.

[fchris]

fyi, if you have any trouble uploading a chart, this 'screen capture' SnagIt software is a free download (for 30 days) and is really easy to use. you can capture anything on your screen with it and it saves it as a relatively small file:

SnagIt - Reviews and free SnagIt downloads at Download.com

use the 'manage attachments' button to upload a screenshot to your post. you can post it INSIDE the message like here if you make 1 adjustment.







after 'uploading' the file to the google server through the 'manage attachments' button. right-click on your mouse while over the filename in the 'current attachments' section of the 'manage attachments' window. then click 'copy shortcut'. paste this 'copy shortcut' into the box that pops up after clicking on the little 'picture' button on the toolbar of this thread as shown above.

this is not hard but maybe a little tricky to explain in writing.

[fchris]

if you can't view the above thumbnail attachment:

Taylor+Thru+Fri+Nov+2.png (image)

[hasian]

thanks all
it's my 2nd post

[hasian]

thanks all

[hasian]

Thanks all

[hasian]

Thanks all

[hasian]

thanks all

[hasian]

Show me pls

[hasian]

show me pls