Exact Science

Discussion in 'Trading' started by outsource, Sep 10, 2010.

  1. I responded to you before on this.

    I can repeat what I posted before if you wish.

    Or you may want to check my prior comments.

    In a nut shell the only way to get to A is by the pink feedback line.

    Look for A and see if you see it has one and only one arrow for an input.

    Logically any person looking at the chart would go to A to begin.

    BUT the logger/trader goes to his display to begin. As he does he views the bar 1 in relation to a prior bar.

    See if you can look at trading from a trading perspective.

    On bar 1 you want to "know that you know".

    You are @ second 300 when the bar starts; PRV is way up ......

    PRV is relative to something.

    What is PRV relative to?

    It is relative to the prior bar.

    What is the prior bar?

    The prior bar is bar 81.

    Do you see bar 81 on my log?

    Yes.

    IT IS ALWAYS ON MY LOG.

    Why?

    This is because I need a reference bar for bar 1.

    As you see, you left out many options. you can have as many incorrect options as you wish, BUT there is a requirement to list the correct options before you can get an answer.

    All this is in the realm of critical thinking. Begin anything you do in a critical thinking orientation.

    In another thread I started through an Art: painting. You cannot paint and get something sellable if you do not know how to paint. I made up five sheets to take the analogy to a place where a full picture of Art could be had.

    Should I do that here for you so you can understand about thinking where a neutral subject is involved.

    If I can remember correctly, I answered your question before, Why can't you review how you did bar 1 incorrectly once before.

    Soon you will exhaust doing bar 1 incorrectly, I hope.

    Please put up the option of "Put bar 81 on the first row of the log daily", so we can proceed with other items.

    Do several charts to build their logs. Pick out ten different days this evening and do thier 10 logs of 4 or 5 pages each. just do 50 pages worth to understand bar 1 etc..
     
    #171     Oct 18, 2010
  2. 20 has a typo. I copied 19 and forgot to change the first R to S.

    you also have to change the T to a V.

    Thank you.

    I have a wooden keyboard that is rather old. Sometimes it forgets what I want to do next.

    Luckily ET requires me to wait a few minutes; they want to keep the sponsor payments in a certain range.
     
    #172     Oct 18, 2010
  3. Sorry, didn't read this before I looked at your second log.

    The funny thing is: Even though I misplaced N, N+1 and N+2 by one bar I ended yesterday at the same node for bar 1, at "F"!

    Today I look again and see something different. Here is where it comes from:

    1. You say: "the day begins @ A on bar 1." Fine.
    2. MADA instructions for "A" only allow two options: "B" and "C"
    3. "A" is in the area of bar "n" which is bar 1. Correct?
    4. Before I can get to "F" or "G" I have to first be at "D" and then at "E". But "E", "F" and "G" are in the area of bar "n+1" which in this case is bar 2. Correct?

    You see where the confusion comes from?



     
    #173     Oct 18, 2010
  4. We did a boot camp in ET a while back,

    It prints out @ 1938 pages.

    There you will see a person who would NOT purchase a color printer.

    This went on for a month or so.

    Finally he did buy a color printer.

    Later he spent 11,000 bucks to get his computer trading set up properly. (from profits.)

    You are neatly pointing out to me that I have screwed up my suggestions to you and that the flow sheet is not workable.

    Go to the spot or area on the flow sheet which says: ENTER @ OPEN.

    The arrow problem arises immmediately; there are two things to do and do fast.

    In red type, you "look back" and you are in another area. The "history" area.

    In "relative bar numbers" it is an area thought of a the "n" bar period of history.

    ENTER is in the Present (real time in real market) and it IS called n+1 as an area. this area is AFTER the "n" area.

    You either get F or NOT F.

    NOT F is a lot of things and one of them is NOT ENTERING.

    Look back is in the "n" area.

    If you find a B, then you can F.

    The OPEN is used for ENTER, HOLD AND EXIT.

    A is used to get to B or C during n area.

    So, in summary, you are correct in what you say about the flow sheet and my comments to you; they do not work.

    Looking at an opening bar 1 requires that, in an instant, a person can "see" dominant Volume with color change. It is "in" the mind to be able to do this thought process.

    It is very cool to start the day and FAIL to have bar 1 "not pass the test". It gives a lot of potential traders relief, emotionally.

    Other traders BEG for a dominant bar W/color change at 300 seconds. They get to ENTER and sit and watch for about five minutes where only L lock in happens and there is usually NO N during the bar.

    To them, when they SEE F, B is a redundancy under "lookback"ness. It IS, of course. redundancy is NOT to be thought of as "confirmation", but in the mind, unconsciously it may be. The shadow knows.

    Lets say you got down to more detail and sensitivity.

    Lets say you degapped and you can recognize an IBGS. The color changes then.

    You were not watching the market during that time of day. You're questions are "hindsight" questions.

    Anyways, opens are fun and you can get yourself on the right side of the market shortly and start making money as the day procedes. yesterday, I commented that anyone can get off traget occasionally, and, it turns out, they soon result to being a good partner with the market.

    In a lot less than 10,000 hours any person who thinks critically can get themselves on the ball and making a lot of money.

    Below is a pic; on open we all are following the blue pathway. I erased a few non essential words so you can see, with less clutter, what the folw chart is suggesting to you on bar 1.

    [​IMG]
     
    #174     Oct 18, 2010
  5. This chart goes into detail on getting F rolling.

    At the end of the bar feedback is under way and the trader is looking at his display to do MADA and, inparticular, pick a node for bar 2 at the open of bar 2 or thereafter.

    Near the end of bar 2 you have gone to J, then A, then B.

    [​IMG]
     
    #175     Oct 18, 2010
  6. Here is the trip on bar an S bar that turned into a J, then went to A and got to B.

    There was no lock in which is a NOT L.

    you sit and wait for lock in on a potential S bar.

    That is why coming out of Z there are two paths.

    When lock in fails, you cut to "X" (for exit) and take the ride to A, then come to rest @ B.

    Well why go through all this thinking and logging?

    It sets you up for making money while nmaking money.

    checkers is a cute game.

    Usually a person gets around to chess and plays by setting up several moves ahead and at the same time keeps gaining advantage.

    Starting the day at A is checkers.

    Knowing bar 2 is a non dom is chess so you can nail 4. 1 points in the next 10 minutes.

    4 points when you are trading 50 contracts is 10,000 dollars.

    finish up playing checkers ASAP.

    [​IMG]
     
    #176     Oct 18, 2010
  7. The contribution suggests that we only deal with 2DOM trades in the 1st cycle. Only 2 dom damn trades. :) Did i skip smth? Maybe i did.But it didn`t bother me so far. I only have 2d trades I do 2 dom trades every day and do it well - 100%. No loss so far I think i`m gonna stay in the 1st cycle forever...i`m a repeater..:D
     
    #177     Oct 19, 2010
  8. :)
     
    #178     Oct 19, 2010

  9. The essence of cycle 1 is to trade the doms of a fractal by trading point to point and ONLY the dominant segments.

    Why?

    This is to learn several basic things about trading.

    These items are all listed in the potential trader's journal.

    He knows that he knows each of these items that were brought to his attention by an emotional signal. Then, he made reasoned changes to his technique or approach.

    Between doms there is a rest period called non dom. A learner regroups during this period as he LEARNS what WAIT means while on the sidelines.

    Next topic.

    Yes it is nice to settle down and not have losses anymore. And in a while, an emotional signal will arrive and say: "time to make some reasoned changes to improve taking the offer."

    Here is what will be noticed: Some doms are followed by doms.

    The attached chart shows this is coming into view. A point 3 to ftt is a dom. So is a piont 1 to point 2. The ftt is in on the black container (medium weght). The red container (medium weight) will be built from the ftt as time passes.

    The conditional aspect column is a perfect place to put the OOE for the medium and fine lined fractals. The ve on bar 1 allowed an m1 and then an m2 on the ccelerated ending of the short medium weight fractal.

    NEXT TOPIC

    A lot of poeple missed the lesson on the 2 trades a day and its corrollary:do not use targets. For example see pages 1 through 5 yesterday. there were 16 non targetted dom trades during the day. they totalled about 72% of margin for the day.

    Beginners who have learned to trade just doms in cycle 1 and while doing so they do not set targets AND they just take the market's offer of each dom segment.

    LAST TOPIC

    A person who is a CW trader would come to the conclusion just doing 2 doms a day and not having any losing trades is a great place to be. you named yourself "The Repeater". Good for you.

    I hope you get the emotional signal after two successful trades early in the day to go play golf OR EVEN DO MORE TRADES.

    The pm post "settlement" is just like the beginning of another day


    [​IMG]
     
    #179     Oct 19, 2010
  10. 5 points on the am trading session.....Thank you JH...!!!!!
    [​IMG]
     
    #180     Oct 19, 2010