I had already understood all the above, and this was VERY VERY VERY nice, important and good from you and for me to have it reminded. It cleans even more things in my mind. That's a kind of "iterative strengthening" Thanks a LOT @tiddlywinks !
Got you very well. Thanks a lot for this very important contribution. All your words, either consideration and contribution, are a huge thing for me. Thank you very much for helping me with all this differenciation @Simples
I've just finished to read all your 14 messages from last Saturday's night. Thank you so much for this contribution to all of you ! I need a little break of some hours, cause the last thing I'm on, which is the issue with the colors on Move Rev is bothering me a bit. Need to eat something and a little nap
Hi All, My self intro: I use PA to trade. So far the result is not consistent. I think the problem is with me, not the method. Many times I'm not able to measure the right 'probability' to ensure the would-be trade be profitable. Other times I'm not sure whether to enter the trade and how far stop loss to place. Small stop loss can get whipped. A big stop loss may survive, but one hit can take all profit and more. I read in ET somewhere, JHM can take the full market offer. That means the winning probability should be higher than PA (40-60%). So I'm seeking help from JHM experts here in my journey to learn JHM. English is not my native. Please apologize if I understand slow or misunderstood you or be misunderstood. I'm now in GMT+8, my hometown in GMT+9. So please bear with me. Joining this forum should also help me improving my English. As English is not my native, and my background is in IT, actually I prefer to use excel/mathematics formula to explain things. It's more universal, readable, and understandable to most. I find long descriptive text sometimes can be hard to digest and understand. Thank you. To be continued.
I want to start the journey by doing MADA logging. There are few columns in the MADA log: Time, Bar, Turn Type, From, To, Price Case, DeGap, Arrows UL, Volume Test P1, T1, P2, T2P, T2F, BM, Additional Notes, Event, Retro, Trend Type, EE, Action. Please help advise me if my understanding below is incorrect. 'Time' refers to starting time to ending time, based on 5min chart of ES emini. 'Bar' is counter starting from 1 till end of the regular trading hour. 'Turn Type', possible values are 'A', 'B', 'C'. 'A' is for a move from Dominance(D in short) to non-Dominance(nD in short), 'B' nD to D, and 'C' D to D. Dominance/non-Dominance can be observed by comparing bars in Volume Pane. ==> Question: how to determine it exactly? is it only by comparing V.0 (current volume bar) with V.-1 (current volume bar - 1)? 'From' and 'To' refers to the from and to dominance/non-dominance move of 'Turn Type' column. 'Price Case' refers to 10 price cases: 1) XB (Translation Black/Long), few ways to explain it: i. H.0>H.-1 and L.0>L.-1, translated to High of current bar is greater than High of previous bar and Low of current bar is greater than Low of previous bar, or ii. HH HL, higher high higher low, or iii. H.-1<H.0 and L.-1<L.0, High of previous bar is less than High of current bar and Low of previous bar is less than Low of current bar. 2) XR (Translation Red/Short), i. H.0<H.-1 and L.0<L.-1, or ii. LH LL, lower high lower low 3) Hitch, i. H.0=H.-1 and L.0=L.-1 4) OB (Outside Bar), i. H.0<H.-1 and L.0>L.-1, or ii. HH LL 5) FTP (Flat Top Pennant), i. H.0=H.-1 and L.0>L.-1 6) FBP (Flat Bottom Pennant), i. H.0<H.-1 and L.0=L.-1 7) Sym, i. H.0<H.-1 and L.0>L.-1, or ii. HL LH, higher low lower high, or iii. H.-1>H.0 and L.-1<L.0 8) Lateral, i. H.0>H.n and L.0<L.n, n is 1,2,etc 9) Stitch Long/Black, i. H.0>H.-1 and L.0=L.-1 10) Stitch Short/Red, i. H.0=H.-1 and L.0<L.-1 Attached are price cases found in ET. Thank you. To be continued.