I am getting my butt handed to me on a daily basis!

Discussion in 'Professional Trading' started by jeredlbb, Jun 18, 2013.

  1. what is 6 hours maintainance?
     
    #441     Jun 26, 2013
  2. Great!Thanks for the diagram Jack.
     
    #442     Jun 26, 2013
  3. Add RTH to your glossary.

    Others suggest you search to get some printable text.

    Cut and paste this text on your glossary page.

    Attached is the "carry over debriefing chart.

    It is self explanatory.

    But here are some comments:

    Bar 79 was a BM, REV type "b" turn.

    A P1 is assigned to the BM, REV as stated on your tabbed "P1" page of my past post notes.

    Bar 80 is a TI, but a T1 and an arrow to bar 80 on volume, The form entry is XR.

    Bar 81 is very important. It's form is XR.

    As you see the BM is in and so is the rtl on price.

    since we are in a drift type trend and a b turn BM, REV is present, it is possible, by looking at the Modrian table to have a c turn that could be any one of the following (See Red panel across from the n - 1 Bm. REV)

    BO, T1

    PP1

    PP2,

    PP3,

    PP5,

    PP6,

    Ab

    or a conditional BM, REV.

    You have the look up tables.

    All the above are listed but some have elininated themselves. No is the time to cross them off the list.

    Only OB, T1, PP5, Ab and BM remain.

    Examine all four and think about bar 1 which will be a high volume, high volatility opening bar that you go short on.

    OB, T1 is likely and so is another P2 in volume.

    Could the bar riccochet enough to be an OB? Yes, that is likely. This leads to the PP5.

    If an OB could happen, then it could BO on either or both BM and rtl. rtl gets locked in first.

    So all of this adds up to a prudent play on bar 1.

    First, check the gap.

    small or large sown gap says feel good short (this is "intuition" which is dangerous).

    A gap up, can lead to reluctance of small money to enter on bar 1. (this is inutition which is dangerous)

    So you need to degap and get the form of bar 1 when it locks in.

    You can have an OB, an XR or and XB. intuition says an internal is not likely. This is intuition which is dangerous.

    we also just had a full moon and it was the "nearest type full mooon possible. (many lunar nuts are using their intuition which is dangereous).

    finally, it comes down to being prepared. reading this does not prepare you. Putting in the T1 and P2 do. Moving the notes to the right also help.

    Do the OB as well for practise. It Must be a P2 to T2P. it could get to be a P2/P1 rarely. If so you are looking at a failsafe action that is coincident and that has priority on Modrian. Look at the failsafe sheet to see this priority mentioned.

    Getting facility will take a few days if you keep thinking. french fry can tell you about taking longer. So can outsource.

    Terrorists will not bomb Chicago tomorrow. If they do and we are short, then it is okay. Being long when terrorist's strike is not good.

    The earth is turning to make sure the sun rises on time.

    Trading for 55 years makes the open seem like a common event.

    Trading 100 contracts gives an incentive. Knowing that each reversal is 4 to 5 digits bagged is uneventful.

    ET's P&L thread will show some member's trades. The chat room will not open on ET tomorrow.

    It is a goood thing to follow the open. I have to be at a radiation lab for doing data at 8:45 Tucson time. We are in a countdown..... blood panels for heavy metals are late in arriving.
     
    #443     Jun 26, 2013
  4. This week 40 minutes was spent on one day holding an "enmeshed* king snake. This means only 5 hours and 20 minutes remained for work that day. I used surgical scissors to cut away the mesh while our guy held the snake for me. King snakes kill rattle snakes and we protect our snakes and lizards that keep poisonous desert things away from living areas.

    This week and for two weeks grouting, descaling the pool bubbles, sorting three tools storage areas and upgrading two irrigtion zones are listed. Later, a new epoxy will be rolled out to build a 10mill smooth sirface for the pool. acid etch will be used on about 60 feet of newly grouted wall. after that all seating tiles will be removed and a masonry base screwed on to the seating planks. then the tiles will be regrouted onto the masonry base. The linear fottage is about 70 feet and 2 inch tiles are involved.

    There is always seasonal flower planting and we keep a bed running for growing an assortment of desert plants we propagate give to others. We also have a citrous grove and a lot of palm trees. The eucoliptus trees all shed their bark yearly. All shrubery is trammed seasonally. We no longer use a pasure for our llamas. That area is now gardens.

    *we grow grapes on some of our chainlink fencing. the grapes require protection with anti bird mesh. rccons can accsionally tear loose mesh. All vergatables grown require sun filters using mesh to block 35% of the sunlight. The wood seats around the vegatables require 1 gallon of stain to protect.

    How and where we live is just normal. since I trade, I cannot spent time doing maintenance. Making 42 points per contract on 100 contracts means I just schedule the maintnance. the money is used to help solve local problems, and we keep some for ourselves.
     
    #444     Jun 26, 2013
  5. Jack,can you please give more input on the A,B and C type trends?
     
    #445     Jun 26, 2013
  6. Go to your glossary and add to the definitions.

    set A is c to c turn

    set B is c to a to c turn OOE.

    set C is the normal turn as invented by "the Pattern. It is c to a the b to c turns.

    I am glad you have the drift set D down.

    when I post, print it. cut and paste the contents into glossary places. Tab the important glossary terms. Keep the glossary within an arms reach. I have 29 3-ring binders within reach. Go buy three dozen 3-ring binders, a puch and a ream assorted cover paper. Punch the ream of assorted cover paper. You will need topical dividers.

    If you wish save all of Atticus's posts for your reading humor. Label the cover HARD ONs of a detractor. Keep it in your toilet so the spray of pissing gives the cover some patina.
     
    #446     Jun 26, 2013
  7. FrenchFry,

    I am showing bar 14 was a Wait today. Is that correct? I see that you don't have one on your log sheet.

    I am still wrestling with what the next step is after the approval to measure volume.

    -Jered
     
    #447     Jun 26, 2013
  8. How is the A set is different then the B set?
     
    #448     Jun 26, 2013
  9. Mr. Hershey,

    I am having trouble getting from the "approval to measure volume" that I am familiar, to the next step...

    Is it geometry?
     
    #449     Jun 26, 2013
  10. Mr. Hershey,

    Do you mind submitting your log for today?

    Jered
     
    #450     Jun 26, 2013