Translation in price is NOT backed up by the PRV ----- I presume you are referring to bar 38. I further presume, that seeing decreasing black PRV on bar 38 is not what you would expect to see. Could you clarify why you would expect increasing black PRV on bar 38, please.
Jack, On the "ten tapes" illustration attached, it would appear that the LTL has been drawn first on cases I and J. I know that we always draw the rtl first so I presume what is shown is incorrect and we would annotate according to subsequent bars. Case H shows a lateral but it would seem that when using FF annotations this would also be incorrect. Is that so?
A general comment then the specifics on trading a trend by using the pattern. General Comment We kindly pass forward the PEP and it applications to anyone who wishes to use them with the consideration that they pass it forward and they help to solve local problems. It works out in mot case and survey the web and terminate bait and switch operations quarterly. This approach was a departure from the financial industry's CW. The financial industry generally approaches making money from a fees and commissions viewpoint and primarily handles OPM. Since continuous functions were not available, the financial industry turned to statistics and sampling. This ia an "amateur" oriented approach that stemmed from creating "taking the market's offer" in trend segments. "Taking the offer" was always a problem to be solved. As a consequence, Science was used and you see this as a paradigm, deductively reasoned, and having a fineness determined by the market's character. Paradigm theory and logic theory are the basis. The Hypothesis Set (HS) and the Parametric Measures (MS) were created from the market's behavior. The key problem solving creation and mechanism is the use of binary vectors. In turn, the PMâs dictated the use of adjacent bars. Anyone can review the cases of possible adjacent bars. Two refinements occurred as well: The OB and the lateral. There is no consideration of the parallelogram with regard to the determination of the cases. By applying the HS and its PM a paradigm is established an then logic is used to build the bridge to âtaking the marketâs offerâ The consequence is the pattern which is composed of parallelograms and the nesting of fractals according to the application of parallelograms composed of faster fractal patterns.. Pragmatically, applying the paradigm, pattern and nesting fractalsls te marketâs offer to be taken seamlessly and continually.
From the above general comment, you can get the message that the cases are correct and they are what we use to examine how the market works and how to make money. If you do not want to accept the cases, that is fine. they are provided simply as a consequence of determining the possibilities and having a mechanism for taking a measure. With respect to parallelograms, We use the TrendLine of TA to construct the parallelogram. With respect to treating some cases as single bars, use the resulting OHLC of the combination. Whenerver you think you have a choice when using the rules of M, A, D, and A, you do not; one of the choices you created is incorrect. Trading is a process in logic. To do logic you need to know how to think, have the ingredients of information to put into the logic and have the appropriate logic available. Three items are involved as stated. Basically, this is why we used the approach we used to use. We encouraged people to think logically by using the three items as ingredients. Here I do critiques and give you drills, instead. Next I will go through using the pattern to make money.
Here is an illustration whose value is that it shows a series of bars going from FTT to FTT. Bar 30 is the first FTT and bar 37 is the second FTT. The profit is (161- 154), roughly. 7 points. we will use the standard of 30 points per contract margin which means 30 points allows another contract to be traded from profits. 7/30 is a decimal percent of capital; call it 23 percent profit over 7 bars. On bar 37 a long TF is indicated so the trader goes long. As shown in the illustration the trader isgoing to reach the final new FTT with a reversal on bar 46 with an approximate profit of 15 points or 50% of capital. For this illustration lets just believe the final new FTT is on bar 46 and the pattern is finally traded. regard the market's offer as 15 points between bar 30 and bar 46 which is noted as 17 bars or 85 more or less minutes. Logic dictates a lot of stuff. We deal in binary thinking to eliminate probabilities is what some people would say. The proper thought is that we deal in binary because it is the way to take the market's offer and that is the basis of the paradigm. So let me take you through making money from bar 30 to bar 46. Go long on 37; go short on 39 (as a wash); and go long on 46 to end the FTT to final new FTT profit segment. All are reversal trades. Lets look at this as a generic TF trade where we trade all TF's generically one after another for the whole day. What is the message I keep giving and which it takes so long for most to connect with? The message is that PEP and its applications deal with binary vectors which are based on market behavior. SCT has an anti whiplash additional benfit. It is not a corrollary or caveat. It is built in to SCT as a consequence of the logic. Critique. The annotations on this illustration are messed up; I fixed up the first part in another illustration. We actually know that the real final ftt was on bar 46 as a matter of fact and that the next TF FTT was bar 50 (long) and the next TF FTT was bar 55 (short). Drill 1. Do wash trades on TF's that fail. 2. As you succeed at "washing", if possible let volume "tell" you to reverse as part of the wash. 3. Learn to fan on TF's that fail. 4. As you succeed at washing and fanning let volume tell you to reverse as part of the wash and fanniing. 5. Learn to extend LTL's that are still in play. This achieves two things: you will not use arbitrary LTL beginning points and you will see VE's. 6. Accelerate TF's as TF's (use the red or black middle weight lines). You get to see the new FTT and you have the RTL that is important for upcoming price movements.
In annotating there are a lot of small things that come up which could cause indecsion the first few times they appear. Use your gaining experience to help you understand which decision is correct. I will try to keep highlighting places for improvement. we are gaining in using the ES to see the ftt's and FFT's as they occur. There are two considerations when it comes to making money. Always choose the pragmatic one which there right at the moment. You can make sure you have everything very complete when you have the time to do that. you will notice that as you get more accomplished at trading the TF, you sometimes think about trading point to point. Point to point is even more pragmatic than the TF trading. What is melding together in your mind are all of the aspects of available information. We begin with binary vectors which are one step more informative than price and volumes values. We add the cases since they are pertinent information regarding the adjacent bar analysis. So how does the sequence go for assibilating what you need to go through the levels of skill improvement and expertise? You may recognize that you know you know before you can actually put into words what you know. This subconscious or unconscious massaging to you is the repetitions adding strands of parallel neurons and their intersynaptic connections. By now changes in perception may be most noticable in the morning. Let me take up two series of bars that were in the last illustration. As we see the time under consideration is late morning and into midday. Here more cases show up that generally cause slower money velocity for making money. first is bars 32 through 34. 32 is an ftt and you place your crayola there. bar 33 and 34 are "outside the prior FF. So you construct the new FF from the representations of two cases. It turns out to be a lateral (flat FF). Now look at bars 39 through 43. Finding the ftt is facilitated by fanning on EOB 40. EOB means End Of Bar. The crayola was bar 39's ftt and the price is still the same so far. The geometric aspect is the issue, as usual. bar 41 adds another case and subsequent EOB fanning. In the first, for TF trading we are in hold on the second move. It is non dominant as expected and we get through the FF and on our way into the third move conveniently. Here in this second example we are looking at our money making after we washed on bar 39 to take us short again after a long TF failure. A FBP may not be uncomfortable, now fanning a stitch may be registering some subjunctive flavors beyond Neopolitan. In Sienfeld George's father was always handling things with "tranquility now". Fanning shows us time is passing and the stitch is the least attractive cases. Tranquility is replaced in SCT by coherence. "Mindfulness" uses as a cornstone, meditation; as time passes doing MADA on an expert leveldoes become similar to meditation in terms of the heart Fourier waveform analysis. As you see by doing the fanning a prior ftt became a point 2 on the FF. Look at the three volume bars for the fanning bars and the PRV on bar 42 when you are 12 seconds into the bar and it is still a SYM. there is no fanning possible at that moment and .......thereafter. Look at the fanned ltl and see how it forms a ve on bar 43....... You are short and the green bookmark was exceeded giving a NEW FFT on bar 42 @ EOB and the open of bar 43 matches the NEW FTT. Tranquility now........ What the earnest trader is viewing is a volume 12 seconds into the bar that is a vector called "increasing". You know with repsect to what. The prior bar....and you allow yourself to take a relative measure with respect to other prior context. Bars 39 and 37 (not color in this case but the IBGS red part (the bar is miscolored since it ended as a black volume bar)). Long story short for the second example. By earnestly doing a vey coherent job, you find that you are subconsciously or unconsciously urged to take complete data sets. you keep getting feelings that encourage you to deal with trading point to point since the TF trading is coming to be a very coherent MADA routine. So bar 46 began a long that lasted until bar 54 where the next short TF began. This short TF first ended on bar 58 and then we got to go throughtwo more roitines like the two examples above. These were tougher to handle for fanning reasons but the NEW FTT's wee put in one after another and then the day ended on a long TF finishing up. In trail design and building most places in the world, several passes are made in both the design and the build. The last round of each is called "polishing". I couldn't allow myself to axe three black firs along an avanche shoot since they were so beautiful and mature (A tree in that area @ 30yo was 6 feet tall). we wswere on our last day of polishing 4 miles of new trail. Naturally a new user also used the three trees; A a consequence the grizzly dropped down onto the avalanche trail inbedment and explained to me why the trees needed to be removed for about 25 minutes. He retreated up the shoot once I had explained why and how I was going to make the trail more free of sight hazards during the25 minutes. Lets begin to polish the FF's....when we do then the TF's become more easily traded for their full FTT to FTT price change. this day had the four usual TF's in a W daily pattern. The TF's yielded a multiple of the ATR and expert trading point to point exceeded the3x ATR as you may see. Polish with binary vector thinking in mind.
Thank you. Please see attached clip. The stitch at bar 33 was used to form horizontal FF2. Your description suggests that we fan FF5 at bar 41 EOB. Why do we not use the stitch at bar 41 to draw another horizontal FF?
Hi Jack, one of the important parts in your trading seems to be "log". Numerous times(years) you try to get people to create a log and enter "this" or "that". But so far success seems limited. Neoxx seems to have been the only one who used one and who publicly posted it. To be honest: so far I also belong to the majority who don't do a log or don't see the need or use of keeping one. People like me would probably say: "Why should I enter again what I already annotated on the chart? On the chart I have every information/annotation that I need. What's the benefit of doing the work again (just in another form or shape)?" What would you say to those people? What is the goal, or what are we trying to achieve with a log which we can't achieve if we only annotate a chart? Nevertheless I will give it a try and then decide for myself if a "log" helps me in any way or not. I will first start with a simple version. Below please find what I think I should log. Am I missing any obvious information? A log only makes sense if it contains all important (and correct) data sets. Monitor Volume: a) Increasing red, decreasing red, increasing black, decreasing black b) Pace (9 levels) Price: a) Translation red, translation black, Outside Bar, Hitch, Stich Long, Stich short, FTP, FBP, Sym pennant ------------------------------- Analysis Price trend/direction: up/down (long/short) Sequence: FTT, ftt, pt 2, pt 3 ------------------------------- Decision Hold, reverse ------------------------------- Action Long, short, hold Thank you for your feedback.