I slipped in a cycle 2 non dom enter followed by a hold going into dom. This is the circumstance found on the pattern first move going from point 1 to point 2. This circumstance was brought up a couple of weeks ago in a cycle 1 meeting. I boxed "cycle 2" to give a context to the rows for bars 11 and 12. The morning trades, if in the latter part of cycle 1 where 3 contracts are traded, would yield enough points to go to 4 contracts. oing from 2 to 3 contracts takes the longest in the cycling. 30 points combined from two contracts are required. At a trading level of 4 contracts an 8 point accumulation per contract takes the trader to 5 contracts. He stays at 5 contracts to acclimate to that level of making money. During acclimation 150 total points of profit are accumulated. At this point the 12 trading days of cycle 1 are considered over. A journal will show up to 100 entries triggered by an emotional signal. The dialogue in ET for cycle 1 type emotional signals has gone from bar 1 through bar 2 for one posted log. Previously "N" type questions were asked; thsi indicated that the person had cycle 1 down pretty well and he could either reverse of exit on an N, depending upon comfort level. Outsource posts a contribution that shows how skipping steps can prevent a "flow" from having any practical order of events. For me this is a very common occurance as potential traders work their way to the exit by doiing repeated failure. If a person leaves out an inequality sign, what happens? Mistakes result. Anyway, here is page 2 of today it ends where midday begins.
This pic shows how midday safety is part of the cycle 1 trading. The C part of WAIT is there to handle the midday when feedback takes you back to wait. Wait is "completed" by an occurance of D node, BUT a wait can only go to an F and a C wait can only go to a G. cycle 1 has no "nuances" BUT cycle 1 does require working the flow sheet as an "exact science" in terms of logic flow. This example of finite mathematics is under non probabilistic information theory. All of this is in a category of "gibberish" and/or "heirogliphics" as designated by a lot of folks who only use induction and probabilistic information theory. Either orientation has many kinds of successful traders. The degree of performance is also a consideration. So today, 11 trades occurred before miday and post midday began on bar 58 looking back to the peak of bar 56 and looking back at the trough of bar 57. From this point on there are many bars to get to bar 81. There are more than the number of bars in the AM trading period.
Hi Jack, before I could even start trying to fill out my own log one thing immediately jumped into my eyes from your log: Your first bar is immediately in node "F"!? Sorry, but I probably misunderstood something. If I follow the flow chart and instructions then I start at Node "A" where I only have two choices: 1) Node "B" and 2) Node "C". This leaves me with these options: 1. My understanding is wrong. At node "A" I can jump to any node depending on what the market does. 2. The log entry for bar 1 is wrong. Could you please clarify this? Thanks
Hi Jack, in this document there might be another typo. MADA # 19 and 20 are the same but there is no instruction for node "S". Please have a look. Thanks.