Various NQ/ES Pals chat room discussions with Ingos

11/9/02 chat-

Gary......ingos_1: study bands first
Gary......ingos_1: take off the 20 and 180
Gary......ingos_1: study the 60 Gary......ingos_1: after you get that add back on the 20
Gary......ingos_1: see the relationship of 20 with 60Gary......ingos_1: when you get that then go to stoch
Gary......ingos_1: strip off lines
hanksterr: ok only 60 but what is the main thing to look for
Gary......ingos_1: study histograms
Gary......ingos_1: when you see relationship of histos to bars, 
Gary......ingos_1: then strip off histo and study lines
Gary......ingos_1: both fast and slow

Gary......ingos_1: and their relationship

hanksterr: ok relation of histo to bars
Gary......ingos_1: when got that, bring back histos  then you got it easy
Gary......ingos_1: and lines to bars
Gary......ingos_1: and lines to lines
Gary......ingos_1: there are relation ships in each
Gary......ingos_1: lots of information  

Gary......ingos_1: tells you everything about mkt
Gary......ingos_1: weak/strong, up/down, etc

Gary......ingos_1: compare histos

Gary......ingos_1: compare lines
Gary......ingos_1: takes an eye blink
Gary......ingos_1: alwaysvwman_1: do you mean histo on all the stochs?
Gary......ingos_1: always ahead of market
Gary......ingos_1: you only have histo on 21 and 5
Gary......ingos_1: or can use 15 if you like a little faster
Gary......ingos_1: the 21 goes on firstvwman_1: overlaid

hanksterr: can u type all your settings
Gary......ingos_1: the 5 is last Gary......ingos_1: yes

Gary......ingos_1: hang on
Gary......ingos_1: bands - 2/20, 2/60, 2/180
Gary......ingos_1: stoch - 21/9/9 and 15/9/9 slow; 7/3/3 and 5/3/3 fast
Gary......ingos_1: can change the 21 to faster if you like
Gary......ingos_1: play with it to your tast

Gary......ingos_1: taste
Gary......ingos_1: anything else up to you
Gary......ingos_1: but these will get through anything
hanksterr: ok thx
Gary......ingos_1: 
npvwman_1: ok thanks ill try
Gary......ingos_1: I do not use trendlines, fibs, etc, and no other indicators
Gary......ingos_1: clean and simple chart
Gary......ingos_1: cool
Gary......ingos_1: hope it works for you
Gary......ingos_1: :))

12/9/02 chat-

Gary......ingos_1: this is like watching a movie from outside the door
Gary......ingos_1: pay no attention to news
Gary......ingos_1: means nothing
Gary......ingos_1: mkt will always set up before news
Gary......ingos_1: the setup?
Gary......ingos_1: just look at histos
Gary......ingos_1: histos show money coming in and going out
Gary......ingos_1: sto histos always right
Gary......ingos_1: somebody knows something
Gary......ingos_1: or a lot of heavy betting in one direction
Gary......ingos_1: if you watch the sto histos look for this - 
Gary......ingos_1: if the mkt turns at the same time as histo, then mkt will return
Gary......ingos_1: and if histo turns before mkt then will not return
Gary......ingos_1: stoch
Brian...eminiwannabe: spread
Brian...eminiwannabe: not price histo, the spread histo
Gary......ingos_1: yes
FireCloud77: so he's watching the spread when he says that?
Brian...eminiwannabe: right
Gary......ingos_1: think of it as if the mkt is going up and turns from strength
Gary......ingos_1: then will return after profit taking
Brian...eminiwannabe: spread box checked and set up as histo
Gary......ingos_1: if histo falls off first, then profit taking already in place
Gary......ingos_1: weak
Gary......ingos_1: yep
Gary......ingos_1: a turn is not always a turn
Gary......ingos_1: yep
Gary......ingos_1: a turn, get in
Gary......ingos_1: oops
Gary......ingos_1: bitten again
Gary......ingos_1: there is a difference between a mkt with no more buyers and one that is full of buyers and only profit taking
Gary......ingos_1: or sellers in opposite direction
Gary......ingos_1: same with the stoch lines
Gary......ingos_1: if fast is on top of slower, 5 on top of 7, then strong, but if inside then weak
Gary......ingos_1: tells you weak or strong
Gary......ingos_1: gives clue whether short trade or longer term
Brian...eminiwannabe: red?
Brian...eminiwannabe: my short term is blue
Brian...eminiwannabe: long is red
Brian...eminiwannabe: i was using above below
Brian...eminiwannabe: rising/falling - above /below does color them different
Gary......ingos_1: that is it for now

1/13/03 chat -

vwman_1:   ingos do u use your 351 as primary chart?

Ingos_9:   hi vw - yes

Ingos_9:   and then glance only at the higher tf's

vwman_1:   and the 117 only for entry or do use them to test each other

Ingos_9:   vw - the 117 is for entry/exit

Ingos_9:   they do not have to test each other

Ingos_9:   the 21/15 stochs on the 117 are the same as the 7/5 on the 351

Ingos_9:   they compliment each other

Ingos_9:   vw - are you trying my setups?

vwman_1:   ingos yes with some others

Ingos_9:   k

Ingos_9:   anything I can help with?

vwman_1:   just trying to see relationships

Ingos_9:   k

vwman_1:   to understand timing

vwman_1:   thanks just need screen time

Ingos_9:   bars at bands, then histos turning and lines following

Ingos_9:   can weigh mkt strength with stochs

Ingos_9:   bands trap the bars

vwman_1:   weight by the closeness of the stochs?

vwman_1:   all together stronger than separate

Ingos_9:   compare previous high/low, as well as histo size, lines, etc

vwman_1:   ok

mxcoooz:   Ingos can u tell me how to use your histograms....do they give u a heads up as to where market is heading..???

Ingos_9:   mx - yes, when you understand the setup, you can be at least one trade ahead of mkt

blink_00:   still working on understanding the histo's

Ingos_9:   histos show volume in and out

Ingos_9:   and can compare highs or lows just like with lines

mxcoooz:   buyers and sellers?

Ingos_9:   study charts

Ingos_9:   yep, buyers and sellers

blink_00:   confuse me when they are up but market is fading them

mxcoooz:   okay

blink_00:   ie price is falling

Ingos_9:   mkt can never fade the histos

Ingos_9:   histos will always point way of next trade

mxcoooz:   buy pressure is when histo are still building

Ingos_9:   yep

blink_00:   Thursday the bb's were sitting at 933...but that market just couldnt get there

nazzdog:   histo on the MACD ?

Ingos_9:   yes, cause probably on higher tf there was 21/15 weak histo

Ingos_9:   causing down pressure

 blink_00:   so a low histo on 1053..close to 0 line....would = weak

Ingos_9:   histo on the stochs nazz

Ingos_9:   yes, could be, depending on how low it is

Ingos_9:   especially on the 3159 chart

nazzdog:   ahh, thanks

Ingos_9:   k

nazzdog:   never used a stoch histo... hmmm

Ingos_9:   have tried every indy out there nazz, and bands with stochs works the best

Ingos_9:   could use Williams %R, but stochs a little better

Ingos_9:   and macd can be set to look the same as stochs

nazzdog:   ok, been looking at Buffy B-line stoch

blink_00:   so ingos...when price goes into a zone between BBands and rambles around ...what do you look at to give indication of direction?

blink_00:   if that makes any sense

vwman_1:   look at higher band

mxcoooz:   u probably wait for next setup?? or high time frame

blink_00:   Thursday there was a period when we were above support bands...below resist bands....was trying to figure out where the pressure would come from...