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John, all that are interested in the Gator, I piece together the re-posts
(thanks all) in I believe the correct order and attached the original gif.
Hope it helps someone make some $$.
Enough said.
don ewers
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----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Tuesday, October 24, 2000 6:06 PM
Subject: Re: [RT] New Trading Dimensions
I use the "gator" extensively in my short and long term trading. In my
opinion an excellent method to stay on the right side of the market.
I would second the thought that one can always gain adopting interesting
ideas found in many systems.
The "and don't feed the gator" statement has kept me out of trouble,
many a time. A great visual tool in my opinion. I have and would recommend
the
book
don ewers
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----- Original Message -----
From: "B.Tharp" <bulldog5@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Tuesday, October 24, 2000 8:41 PM
Subject: Re: [RT] New Trading Dimensions
Post an example of it , sounds like what I have always seen as a swing
failure ,simple Macd divergence not to say it is not worth looking for
but timing is everything .
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B. Tharp
Here is an example on 60min bonds. The "gator" (Alligator) is represented as
three exponential moving averages (13 offset by 8 (jaw), 8 offset by 5
(teeth), and 5 offset by 3(lips)) and it is visualized as an animal that
sleeps (moving averages inter-twining), wakes up (yawns, creating a fractal
pivot) and then begins to feed (moving averages running parallel). There is
more to it using a 5/34 oscillator to determine where you are in the big
picture, additional entry (and exit points), but I will leave that to the
people who read the book.
Attached is an example of 60min bonds, which shows three buys and one sell
(that failed using stops along a gator line).
The author's claim that you can look at any chart and in seconds know
whether to buy, sell or do nothing in seconds, as I have stated has been a
great visual tool for me.
The comment, "don't feed the gator" is one where you find your position
opposite and the gator is FEEDING ON YOU.
don ewers
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To: "Real Traders" <realtraders@xxxxxxxxxxx>
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
Date: Wed, 25 Oct 2000 15:34:34 -0500
Subject: [RT] Gator
To finish off the gator, a sell signal today at 100-17, as well as a
DiNapoli Double Repo sell signal (good book by the way) at 100-20 (not
shown), would have put traders short. Also a negative DMI cross today in
the 1020 hour also yet another caution at least short term.
I am not sure of the 1-2-3 count down (shown on the Advanced GET chart) so
ignore at the moment, it could also be an ABC with a "hammer" bottom in
place.
Anyway a trading opportunity and something to watch if you were tempted to
go long in those areas. Can they fail, of course they can, that's where
money management comes in, and a failure also tells you something . .
(notice
what followed the sell signal).
And always, always, remember "don't feed the gator" unless you enjoy being
gator meat.
don ewers
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----- Original Message -----
From: "Richard" <rparrbird@xxxxxxxx>
To: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
Sent: Wednesday, October 25, 2000 7:10 PM
Subject: Re: [RT] Gator
Don, OK. You got me. I can't figure out what constitutes a "yawn".
Also somehow I missed the name and author of the book that contains
this. Thanks for any help you might throw my way.
Rich Parrott
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Richard,
What is a yawn . . . Ahhhhhhhhh . .... just kidding.
First Bill Williams wrote the book New Trading Dimensions which someone else
inquired about (as well as Trading Chaos), regarding the Investors Dream
software he sells, that where this all started. I simply replied I have
found parts to be useful.
Regarding a yawn, it is a "fractal", which he uses. It is basically a pivot,
which he defines as a high or a low surrounded by two bars on each side that
are higher or lower than the pivot. There are various patterns which are
well defined in the book (like when the pivot high or low has several bars
at the same high and low), but just stick with the basic definition. Now, a
yawn is a fractal that occurs when the displaced moving averages cross and
ideally inter-twine. It can be inside the mouth (between the lips (green)
and the jaw (blue)) or ideally outside it. The key is when a horizontal line
is drawn from it the subsequent intersection happens outside the mouth. That
is your buy/sell point, one tic above/below that depending on the direction.
I drew a red arrow on the last gif showing the sell today. By the way the
teeth are red, appropriately.
I mis-spoke on my earlier post regarding the sell in the middle of the chart
by the way, there is a sell fractal but notice it was never subsequently
taken out, so no short would have been initiated. A total of five yawns,
four were triggered and four were profitable, not bad.
don ewers
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