Making JH' SCT and all his material alive

Discussion in 'Journals' started by WchPl, Apr 25, 2018.

  1. WchPl

    WchPl

    non dom M2.png
     
    #1061     Jun 24, 2019
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  2. WchPl

    WchPl

    Rereading this, I find a lot of explicative power. I mean, I can deduce a lot of things from this. Thanks a lot for that. I'm doing my best currently to annotate and log the last chart I was on, and first of all I have to clear the Aa on bar 6. I feel it's about to be done.
     
    #1062     Jun 24, 2019
  3. WchPl

    WchPl

    I don't know if it's a good or bad signal, thing, feeling but in any case I trust it :

    I now feel the most supportive thing is BOTH logging AND going through hand-drawn EEs catalog that most helps. In the past, I was crystallized into the "hand drawn way" of seeing the market scenarios of volume elements and EEs.
    Recently I realized it was more the "log directly from the market's scenarios happening for real" way that would support.

    Today, don't know why, but I feel I need the two of them. The routine base would be logging from the market and get answers directly from it, AND, when it's required immanently, hand-draw from thos happened scenarios and DD other cases that can be found whithout having to wait for them to appear for real in any chart.

    It's the sync of the two. I feel like the two ways support to each other, "talk with each other, ask and answer to each other".

    It's... great
     
    #1063     Jun 24, 2019
  4. Simples

    Simples

    Just a suggestion: a lateral would maybe encompass mostly the middle of PA of nD M2? From this, one may DD why markets often have sharp reversals after some Lat BO's.
     
    #1064     Jun 24, 2019
  5. WchPl

    WchPl

    3rd refinement on 060519's chart.png


    NB : the bar numbers in the next texts, follow the numbers of the chart, not the log's.



    Bar 6 : Aa, P1ass, BM short
    Bar 7 : T1, RepBM
    Bar 8 : T1/P2, troughs first do not yield turns, RepBM

    BUT : you had said :
    If bar 6 is an Aa my DD is :
    Bar 6 : P1ass, BM short
    Bar 7 : close is not above BM so RepBM, volume is DEC so T1. No rtl is built.
    Bar 8 : OB on DEC volume, so T1/P2. Close is not above BM so RepBM again. I'd see this bar included inside the trend.
    I don't see how this bar could be a PP!.



    Bar 9 : Repeat P2. BUT I must admit that the "leftmost" concept passes through my mind at this moment. If I consider the leftmost T1, I have an incrasing volume bar being below this T1, which would make bar 9 an Ab. I don't know why and have no explanation for that, but I feel it would not make sense to see this here. Let's see what's next.

    Bar 10 : In the vein of prior paragraph, I could see Ab too, but I better see here a T2P because volume is between P2 and last T1.

    Bar 11 : OB with DEC volume with level being below last 2 T1's. I see in the order an Ab LBVO so BM short, and because of the presence of the OB, the upper row would be P1ass; then, being as the bar is also a P1/T1, there is PP4 which assigns P1 to next bar, so to next row, the below one. In the vein of post #991, I'd see here the long trend initiated by te Ab ends when the OB locks in and a short trend begins at its high.

    Bar 12 : BMrev, P1ass

    Bar 13 : P1 repeat

    Bar 14 : T1 and BO of rtl = BO,T1, P1ass, short BM.

    Bar 15 : P1 repeat

    Bar 16 : T1 between two prior P1's : PP3. BM long and newt bar will be P1 ass.

    Bar 17 : P1 ass

    Bar 18 : P1 repeat

    Bar 19 : third P1 in a row fulfilling requirements for Not PP1. Ac scene is set. rtl is fanned and extended.

    Bar 20 : wait

    Bar 21 : volume is below leftmost P1 so T1. (drawing non-true rtl)

    Bar 22 : by degap we have FTP on DEC volume so wait again.

    Bar 23 : volume above last measured bar which was T1 so : P2

    Bar 24 : volume between P2 and T1 : T2P.

    Bar 25 : StB with UL so we measure volume.
    My DD : volume is above prior one so it could be T2P repeat; but it's also above P2 so I'd say this bar is in the rev chron zone and is new P2.

    Bar 26 : P2 repeats.

    Bar 27 : I see volume is under T1. Last IDd volume element (from my DD) was P2, so I'm in A-band. Only A-band EE can appear. I see that bar fits the definition of Ab LVBO. P1 ass, BM short.
     
    #1065     Jun 24, 2019
  6. WchPl

    WchPl

    Next part of 3rd IR:

    3rd refinement on 060519's chart part 2.png

    On the last BMrev EE labelled, I find stuck. The one but last EE is PP2 (without further refinement) and I can't start from that EE in the MT on Set A. Either there is something to DD here, or I missed any EE before that PP2, yielding a cascading effect.
     
    #1066     Jun 24, 2019
  7. Simples

    Simples

    What if you disregard lat (sub of TF) EE's from MT consideration?
    Also, not sure about resetting RTL once established.
     
    #1067     Jun 24, 2019
  8. Sprout

    Sprout


    The OOE of the Bands create zones by the appearance of successive volume elements coming into being. The volume element ranges gates and kills the rev chron ranges. The progression of the OOE of the VTP turns on/off bands to keep the context precise.

    What makes a P1 repeat different from a P2 repeat?
    Where can a P1 rev chron come into being and where can it not?

    Just as the volume elements have a ‘pattern’ in the volume pane with colored rays and bar measurements in an annotated chart, it also has a ‘pattern’ in the log. Your EE catalog would be supported by it’s associated log ‘pattern’ similar to how you were working out your OB distinctions.

    It’s not necessary to post your catalog we are focused more on you logging turns and trend types.
     
    #1068     Jun 24, 2019
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  9. Sprout

    Sprout

    The lateral fill should be consistent with the current MADA annotation convention. The H and L boundary are also defined by the extreme of bars. For each lateral you have defined one of the boundaries has that definition the other does not.

    In this drawing the volume bars would be that a retro was triggered and expressed itself into a complete fast fractal trend.

    There are also 6 more potential areas where laterals could come into being. The difference is that in this current drawing, it’s a logical understanding of what “waits” are and how they can progress into laterals and where those would be placed in the 3 moves of a trend.
     
    Last edited: Jun 24, 2019
    #1069     Jun 24, 2019
  10. Sprout

    Sprout


    This window is different than the one that you showed before. This causes a cascade effect.

    In so doing bar0 (10:55) would shift the BO,T1 to it instead of bar1.
    The two requirements were met on that bar;
    1) a rtl was present from the BM and there is a XO of the rtl
    2) and there was a T1.

    Bar2 then is a PP3 and Bar5 is a BM,rev.
    Bar7 is another PP3 which makes Bar8 a PP4.
    Bar9 then is a BM,rev and Bar12 is a BO,T1 and a BM,rev.

    I'm not sure what is happening with your bar coloring for bar14 is a XR not an internal and Bar22 would be an FTP when both are degapped. Regardless of what opinions there are about the necessity of degapping, it is a requirement for this method.


    Bar19 is not considered a notPP1 because it violates the rtl. The acceleration of volume for a PP1 must be within the same trend. So a notPP1 would also be considered if the not acceleration was in the same trend. Since there was a XO of the rtl, then not the same trend is true.

    Most likely there was a BO,T1 intrabar on this bar but that's more an advanced discussion since we are logging eob. This is where the MA and DA of MADA are distinct and can have different considerations in realtime trading. The MA generates context that continually informs DA. Sometimes during trading as one places a BM and rtl pronto, the rtl gets adjusted or deleted depending on context. If the long sentiment had truly shifted then the next bar (or two) as a FS BM,rev or early bird BO,T1 would have kept one on the right side of the market as the RTL would have had a XO.


    Bar25 is the progression of trend into the secondary band. The P2 rev chron is a EE in the B-band. It's important to understand the OOE of OOE's to know why this is so.

    With the turn types and trend types, you are starting to understand how the progression of trends work, now change the color of the turn arrows so that they are the color of the new sentiment.
     
    Last edited: Jun 24, 2019
    #1070     Jun 24, 2019