I'm trying to understand the "Cycle 1 flow chart" by trying to reproduce what Jack did in his October 15th log. Already starting from the first entry questions come up. Please see enclosed image. Jack, bar 81 you marked "through" under "Wait, hold...". Was that a mental note for when you get to "D"? The "through" was on bar 80.
And this is "n+2". Jack, in your log you have "L" already at bar 1 and for bar two you have a "S - L". That is probably because you did this in realtime I suppose. You also marked "Lock in" next to hold. But that would mean "J" territory or did you mean something different with that note?
Great assemblage of details. I was working with 6 other people at the time and there was a connection from the laptop I was using to a 52 inch flat screen wall mounted. We did not video tape it. As we all see the "trough" WAS on bar 80 and I just used the closing bar as a reference (without going through the details of explaining the nuance of a prior long becoming a "short" to open the day as a dominant.) What you see as through is a word that is shorter and has only one "h" in it; it looks like "trough" to me.. My "enter" was worse though. I spelled enter as EMTE. recently I poste two dates wrongly 08CT10 should have been 08OCT06. Similarly I misspelled 09OCT06 as 09OCT10. A person begins the day at "A". Bar 1 had a PRV to cause "a look back one bar. This yielded "a dominat trend is under way" at the time of look back at the open of bar 1. This beginning trade set the scene for a day in cycle 1. A short is in progress. the trader of events was: A>>>>D>>>>F at second 300 of bar 1. Later on that bar an "L" for lock in occurred. So the day began on a n+1 bar where the 'n' bar was from the prior day. A mere 5 bars later the group had done shout outs of R's or S's with lock in's for one kind of bar and not lock ins for the other kind. This dominant trend sontinued until bar 12 and during that time all persons in the group maitained being on the correct side of the market. For a beginner, there is a simple task of staying on the correct side of the market. cycle 1 engrains that concept over and over during the 12 days of cycle 1. By starting with 2 contracts and adding, from profits, the trader winds up on day 12 doing whjat he was told for 12 days and making his mind work automatically for trading dominant segments. Page 1 made 9.3 points percontract over a 45 minute period. with respect to hourly billing this is at a rate of 1300 dollars per hour as OJT'ing. You have to know look back D, F dominant bar; R or S and how an IBGS works N node with a pass fail test). These are found on 3 x 5 cards you make from the illustrations provided. This is an application of links and nodes. Arrows are there to limit where you are allowed to look for answers to make money. Summary the day begins @ A on bar 1. Bar 1 is realtive to a former bar: the last bar of the prior day degapped. bar 1 determines sentiment and if dominance is present at the open (Second 300) bar 1 is one of two possible things; both require look back D. Lock in happens sometimes during the bar 1. Bar 1 is an n+1 bar and the prior bar is bar n. Fillin rows on the log for both bar n and bar n+1.
Flow charts are fun to read. you can imagine how hard it could get if I used logic sheets and asked a programmer to do what is on the logic sheet. LOL... this is the JoePaterno situation. He might post what you posted to prove he is correct that I misslead and wreck newbies by my posts. Don't continue to think as Joe mistakenly does. Correct your thinking by using something new an different: critical thinking". critical thinking involves reasoning and not just being superficial and mistaken (See ALL of Joe's posts).
Bar n+1 ended and that put us at point Q flowing from the L lock in. this is critical thinking. you are on row 7 of a log and it states the facts. L means that the bar is getting to the PRV and the actual volume has exceeded the volume to which it is referred. In trading and especially in critical thinking type trading, a person is following deductive rules and not doing "INDUCTION" EVER. On n+1 you refer to n. On n+2 you refer to n+1. there is an arrow at the output flow of L. it goes to Q. there is also another arrow that goes to M. There is NO arrow at the end of the bar that goes to anywhere else. This brings up where could a flow person go BEFORE the bar. ends? being on F, you could only go to J. Look at F and J on your 3 x5 cards by placing them side by side. Can you reason a little? An F showing a nice PRV can have a shrinking PRV that falls below the lock in value before lock in or before the end of the bar. Here is the way it is. The flow chart is a super tool and a person has to rise to the occasion. It is a filter to filter away people who cannot think and reason. they look at the flow chart and post that I am misleading or I am a liar. this is perfect; they fit themsleves into the category into which they belong. Others look at the chart and have questions. WOW this is very forwarding for this self selecting group. I get to focus on helping people who desreve help and all the other get to keep making negative comments on my help or me personally. Everyone sooner or later can recognize people moving forward and then ignore those who are not capable. when a bar does meet lock in it cannot be the last bar of the hold. we trade on bar opens as you may surmise. sometimes we trade before bar open if we get an H leading to an exit in the EXIT column. All this trading is done by using a leading indicator of price. Price Action (PA) usues a lagging indicator system. Tough situation as thay say.(Its a JP in the parlance of the trade).
the S node is the coolest cat on the block. It is a GO that is small PRV BUT a "greater than" The reference trough for its given PRV. It is the sandwich bar. S for SANDWICH. as you see the PRV is another significant invention. It switches trading ends of bars to trading opens of bars. This takes a lagging traders to a front running trader status. This is a big deal in making money. This is a situation where on one fractal you are holding a profit segment. AND within that container there are faster fractals going through their routine of the pattern. We have to go through 10 cycles to get that sophisitcated. Driving a car is second nature to most people. trading turns out to be the same IF you get your brain engaged. If NOT you stay in JP land. So look at each column and find two basic choices for that column. cogitate about how two choices work in qa paradigm and in logic theory. It is clled binary logic and in this case there is a deeper richer choice basis. Vectors are also involved. Using binary vectors in a holistic paradigm Is an invention. While I did not invent MACD, I am referred to as the person who adjusted it for modern times ater the PC was put into use. There is a reason I am the reference. It is called critical thinking. Lokk at the binary vector pairs on the flow chart and its feedback loops. Look at the finite list of the MADA's for application in cycle 1. All we will do henceforth is build shells around the core of cycle 1. this is also an invention that you will find very beneficial. People curently doing cycle 1 with two contracts are making up to 4,000 dollars a day without adding contracts. Next they will do the same thing and add contracts, one for each 3,000 dollars of profit. Thank you for showing your thought process and illustrating it. I am supporting your questions with the answers you need to follow to do critical thinking. This is the core chart, there are nine additional shells that enhance taking the market's offer by pool extraction. PEP is the paradigm.
your attachments are like the TILE I use for witing instrutive documentation. Keep it up for the benefit of all. Your last "textual" comment in the attachment is a terrific conclusion to get from handling two bars of one day. That is exactly how it turns out in trading to extract the offer. You may remember or look back to the beginning of the Cash Cow thred. There you saw other leading indicators were used to trade. There the two line concept begins with fewer cases than are required for this paradigm. This rendition of a trading strategy is about as simple as it can get for anyone. It exemplifies going to the smallest pieces (nodes) of a system and then seeing the order of events by removing time from the picture. Shifting trading signals to a place where they are leading indicators, only took a small tweak. The tweak is PRV. Elsewhere there is a thread on how consulting can be done using the small tweak techniques in any field. Unfortunately the "tweaker" does not know how to do deals; he operates on a fixed price. I'm glad to see that people have begun to do the work of building their minds and I'm also glad to see that 2 contracts can generate up to 4K a day for these people at work with cash.
LOL I wrote out a detailed answer after I posted the illustration. this meant I spent more than 30 minutes working. This, in turn meant the post was not postable since I exceeded the response time. Here's the short answers. any way. Try to follow the arrows and differentiate between the beginning of the day and feedback later and coming out of midday. The C and, then, G are for coming out of midday and resuming trading. You get thrown out as midday approaches because the market goes non dominant leading into midday. This whole flow sheet is designed to answer the first 100 questions of newbies or oldbies who begin to think critically. A lot of people are beyond the line in the sand that allows them to build their minds. Too bad. On Monday I'm sure over 20 people will post their logs. that way, observers can see that a person gets right back on the track in no time flat.