Fractal Theory: Redux

Discussion in 'Technical Analysis' started by llIHeroic, Oct 17, 2016.

  1. Sprout

    Sprout

    Looking at the middle circle in your example, the Internal starts at 10:10 (Bar 1) and lasts for 7 inside bars, first testing the short lateral boundary before BO of the long lateral boundary on the 7th bar. The lateral ends with two closes outside the long boundary.

    Bar1 - with a translation short (XR), There is one leg to the 10:10 bar.
    Bar2 - SYM 2 FBP, 2 leg
    Bar3 - XR, 2 leg
    Bar4 - OB, STD (outside bar -stitch down), 3 leg
    Bar5 - XB 2 FTP, 1 leg
    Bar6 - OB, XR (outside bar - translation short, stitch down), 1 leg
    Bar7 - OB, XB (outside bar - translation long, stitch up), 1 leg
    Bar8 - XB, BO of lateral, 3 leg


    From what I gather from your post, All the bars within a circle would add up to 1 bar. I don't understand how that connects with Jack describing legs of a bar, the dominant sentiment always being the second leg and how synthesizing all the bars of an internal can come up with one bar. Would you clarify?
     
    #81     Apr 17, 2017
  2. Not sure where did you oserved 7 inside bars...The internal(FBP) starts at 10:15 on my chart.You then treat the combinations as one bar and what that bar is?that bar is the translation down bar.

    I think you misunderstood the leg conseption suggested by Jack.The 'bar leg' is related to the forming bar when it first goes up/down then it goes the opposite, second leg, a dominant leg as you correctly described.It has nothing to do with the internals.
     
    #82     Apr 17, 2017
  3. Btw, you can see the 'legs' on my chart as the smal triangles.
     
    #83     Apr 17, 2017
  4. Sprout

    Sprout

    Ok, using your example - the combinations of what? Legs? Bars within the lateral?

    What I think I hear you saying is that a FBP (which is formed by the minimum of two bars) can be reduced to a 1 bar example as a translation down (XR) bar. Is this what you mean?


    Maybe I'm mistaken. From my understanding the Internal starts at 10:10. It's this bar that sets the high and low that contains the closes of all subsequent inside bars. In your example there are 7 bars that are contained within the 10:10's bar shadow. There are bar close's outside but not two successive closes prior to the 10:45 BO bar.

    Here is the post that describes legs and using them for internals.
    SCTlearning from scratch

    This was in the context of "trend segments."
     
    #84     Apr 17, 2017
  5. Yes.


    The leg of a bar is the leg that follows from the opening of a bar.Bar opens, it then ticking one tick up/down.Then it starts ticking in the opposite direction.It is a dominant leg.It`s all you need to know abot the bar`s legs.It sure can occur in an internal, but that`s another story.

    Some times a bar start moving in one direction from the opening.It`s a one leg bar.I don`t bother what a 3 -4 or 44 legged bars are, sorry.

    Hope that helps.
     
    #85     Apr 17, 2017
  6. Sprout

    Sprout

    I've come across some clarity with the legs. Leg 2 is ALWAYS present. Leg 1 and leg 3 are not always present. When seeing a 1 leg move. It's the dominant 2nd leg presenting. There is no fourth leg when viewing a single bar.
    Confusion arises in applying the word "leg" in different fractal context. Legs in CW refer to larger trending price movements.

    D-D-nD-D-nD-D
    B2B2R2B
    R2R2B2R

    On larger fractal reduces to

    Three turn types:
    D-D
    D-nD
    nD-D

    The D-D goes through a momentary nD at a (sym, ftp, fbp, hitch) but the end result is D-D.

    I'll post the HDHPP D-nD calculator to demonstrate. It's geometric and a toy and in iterative refinement. It's just a slightly different lens by which to perceive JHM.

    Yet somehow the child's play is the way to understand some of Jack's concepts.

    For any who want to get started with a mental workout, arrange the 10 price cases in a spatial geometry to clarify internals from the rest of the price cases. This spatial geometry is a 2d representation of the profile of a octahedron. The 2-d representation can be printed out 4x. Each sheet is a face, you guessed it, of a 3-d octahedron. There are 2 marked Dom, the other 2 non-Dom.

    Next comes assembly,...
     
    Last edited: May 18, 2017
    #86     May 18, 2017
  7. Sprout

    Sprout

    The geometry of price case cases.

    IMG_5518.JPG

    The tenth case connects the OB to a developing third bar which starts as a SYM. The pattern repeats again.
    Sym, ftp, fbp, hitch, make laterals. They also form a smaller fractal that enters and contains price until an exit. They cycle until we have a BO. The top and bottom XB, XR are the BO's that permit the measuring of volume.
     
    Last edited: May 18, 2017
    #87     May 18, 2017
  8. Sprout

    Sprout

    Now using the above as a template, create four in total. Notecards are good for this.
    IMG_5658.JPG

    Two of the four are Dominants. The others non-Dominants. Of the two in a set, one has increasing vol, the other decreasing.

    Color the price bars as you would annotate. Make trendlines. Some supporting the trend, some a BO of trend. Trend being a Bar by bar comparison.
     
    Last edited: May 18, 2017
    #88     May 18, 2017
    svrz likes this.
  9. Sprout

    Sprout

    Connect the four by their folded middle diagonal axis in an alternating series.

    IMG_5673.JPG

    The effect is like a circular flip book.
    Dom to non-Dom, non-Dom to Dom,
    Dom to non-Dom, non-Dom to Dom

    The transition to Dom to Dom closes the "face" of non-Dom.
     
    Last edited: May 18, 2017
    #89     May 18, 2017
    svrz likes this.
  10. Sprout

    Sprout

    A closed face, changes the geometry from four faces to three. The archetype D-nD-D cycling of trends is True.

    IMG_5670.JPG
     
    #90     May 18, 2017