A decision has been taken I consider all the charts & annotated logs that I've performed and posted are part of the past, and do not count for the road of 20 days of MADA drill to expert level in RDBMS. Up to now, 16 fully completed has been performed and posted. Let's start the count from zero. From today and for at least one week, at most two weeks, I'll perform 20 days of MADA in a row and will put aside the 3 parallel drills (corpus, EE's Matrix, EE's referencement with JH's & students' charts) and will be focused exclusively on MADA. When 20 sessions are made, we'll enter into more IR and differenciation.
Road to expert drill : 1st MADA session Annotated chart & Logs on 08/15/19 - 30 EE's IDd PART 1 PART 2 PART 3 PART 4 PART 5
08/15/19 's MADA's Debrief Bar 12 : IF BMrev had not been there, I'd have logged PP3 on the upper level AND P1ass on lower level. Bar 19 : The sequence is P1-INT-T1-P2. This fits with my current understanding of PP1b. If so, then here is the cascading effect : Bar 48 : Same DD as bar 19. Resulting cascading effect is : Bar 60 : Ab needs a P2 established. It is not, here. So repeat T1 and NOT Ab. Resulting cascading effect : NB : on bar 65 I had initially IDd a PP1. It was tricky AND I'm not sure about if I had followed the logic. I had an interruption of the existing tl initiated by H of bar 61 and touching after fanning, H of bar 63, because of the BMrep at high of Lat4. Lat 4 being above pt1 of prior established tl AND being as no rtl must be begun into a Lat AND from retro Lat 4 onwards we can measure all subsequent bars and then we have significant statistic measurement we can draw rtl (my DD). Then, I compared the slope of new rtl between Lat4 and Lat5, with the rtl's slope initiated by Lat1. There was acceleration AND additional requirement for PP1 was satisfied SO I had ID'd PP1. Just wanted to clear it a bit and expose this item being as it had been the first time I had to face it. With current debrief, the "tricky case" disappears. Let's see how I see it when it happens again. End of the debrief and part 5 with re-ID of turns, trends and blobs. There is only one zone requiring somme deeper DD and this deals with my EE's Matrix that I'll not touch until I'm finished with the 20 sessions : On bar 69 : BO,T1, P1ass bar 70 : INC vol so P1 repeat bar 71 : OB w/DEC below leftmost P1 so T1/P2 bar 72 : INC vol below leftmost P1 so P2 repeat bar 73 : INC vol above prior P1 so P1revchron bar 74 : INT w/DEC so wait bar 75 : second P1 after P2 w/P2 below P1ass so Ad. Here is what I wonder : what if volume had been DEC and above second P1 (so not the assigned) ? I'd say at first sight P1 repeat although it's below prior P1. But as I debriefed, I dwelled on this case a bit. No big deal, this will be solved later AND I will not dwell on this more being as it would not stick to the "doing MADA without constant corrections". Next session coming soon.
Road to expert drill : 2nd MADA session Annotated chart & Logs on 08/16/19 - 23 EE's IDd PART 1 PART 2 PART 3 PART 4 PART 5
@Sprout Me : The sequence is P1-INT-T1-P2. This fits with my current understanding of PP1b. You : Look on your sheet. The above is PP1c. PP1b has the element of repeats with acceleration. Here is my sheet : It appears PP1c does have the element of repeats with acceleration, and PP1b a sequence with INT-T1-P2 with window left event as P1. Is my sheet wrong ?
Due to a current too slow rythm of logging, I've lost the possibility to debrief actively this session on TradingView. Plus, I have many problems and bugs with them currently. So I make a little jump ahead in time in order to always have the datas recorded to debrief. No big deal, let's have another session that will be debriefed. Road to expert drill : 3rd MADA session Annotated chart & Logs on 08/16/19 - 40 EE's IDd PART 1 PART 2 PART 3 PART 4 PART 5 I have not managed to deal correctly with Bar 78. Thus, I've just considered it like any other OB.
Things that make one go hmmm. Check the handwritten version of that sheet. I’m away from my trading desk until next week, will verify with my notes then and will be able to comment in more detail. If I’m in error, my apologies, it’s not my intention to make this process more difficult. Keep up the good work!
After some research, I can't find for now any PP!s sheet handwritten. No problem. I'll deal with that following what I have an will adjust if any correction has to be made. If you are on "holidays", enjoy a lot for me !!!
Handwritten PP sheet is attached. Also, FWIW, there was discussion in another thread regarding confusion with PP1b/c definitions. Here is my "finding" post... Here is link to one of the offending PP1b definition written by Jack ... https://www.elitetrader.com/et/threads/market-system-of-operation.280654/page-6#post-3917860 NB: PP1b/c/d are listed on the modrian table exactly once... in total for all 3! More precisely, Set A, PP3->PP1c, that's it!!