It is (about to be solved) There is reading, reviewing, AND there is assimilate = incorporate inside oneself until "this" is leading one, rather than "one is following this". And then, the prior short RTL is not longer to be taken into a count, it is part of the past and not used as a reference. So, something unexistant anymore can't be violated. So, NO. Here you described reality so well and thoroughly (and in english), I mean you planted the context so firmly that I did not understand the phrase. My bad. Gonna refine from this. Thank you very much for the repetitions you provide. The patience and empathy you are revealing are huge, definitely. Thus, it makes me say sincerly that you deserve what you have. Congrats for your determination, you can be proud of your devotion.
It appears like there's a bug, my prior post was directed to @Simples 's last post with comments within quoted text. The "reply" button seems to misfunction currently for me .
Bar 1 : sent is long, as I put the carry over aside for now, I ignore what is on the left. P1 is assigned at bottom so long BM because of the sent. Bar 2 : SYM, DEC volume, a first tape is built and it's a long one as that's what makes most sense considering both bar 1 and 2. Bar 3 : LAT 3 and XR, close breaks out prior rtl on DEC volume so BO,T1 = FS EE = OOE resets on current bar = P1 assigned and BM short is placed at top. A new trend is beginning. Bar 4 : XR, degap required, BO of LAT, rtl accelerates, volume is DEC so OOE advances : T1 Bar 5 : XB, neither close violates prior rtl nor prior BM so OOE advances, volume is INC : P2 : we have A-Band Pass. Bar 6 : XR, rtl accelerates, OOE advances to repeat of P2 BUT it's a "just-after-P2 P2" being above P1 so EE Ag VEBO is located : P1 is assigned and new opposite BM is placed : a long one at bottom. Prior short trl is no longer considered cause it's part of the past that ends at the new long BM just placed. Bar 7 : XR, close does not violate prior BM, just penetrates. A repeat long BM is placed at bottom as virtual pt1 of new long trend segment beginning underway. OOE advances , vol DEC : T1. Bar 8 : XB, long rtl can now be drawn, OOE advances, volume is DEC : repeat of T1. Bar 9 : XB, rtl accelerates, OOE advances : repeat of T1 AND there is acceleration so "NOT PP6". Bar 10 : XB, rtl accelerates, degap required, OOE advances, volume is DEC so repeat of T1 with acceleration so again "not PP6". Bar 11 : XB, rtl fans, volume is INC, OOE advances : P2 so A-band pass AND it is both after two consecutives T1's AND between them in value : PP2 EE -> P1 is assigned on next bar with opposite short BM placed at top. Bar 12 : SYM, degap required, P1 is assigned due to prior EE, sent is congruent (short). Bar 13 : XR, tape is built and a first short rtl appears, volume is INC, OOE advances : repeat of P1. Bar 14 : XR, degap is required, volume is INC, OOE advances : repat of P1 AND that's the third P1 in a row AND there is acceleration -> PP1 EE so P1 is assigned on next bar with opposite long BM at bottom placed. OOE resets. Bar 15 : XR, P1 is assigned due to prior EE, BM long. Bar 16 : XR, close violates prior established BM -> BMrev = FS EE = P1 assigned on current bar with associated short BM at top. OOE resets. It has been impossible to draw a long rtl. Bar 17 : XR, degap required, short rtl appears, volume is INC, OOE advances : repeat P1. Bar 18 : SYM on DEC volume BUT the close breaks out prior rtl so if this takes precedence then -> BO,T1 = FS EE = P1 assigned on current bar with long BM. OOE resets Bar 19 : XB, long rtl is created with the tape, volume is DEC, OOE advances = T1. Bar 20 : XR, degap required, neither BO,T1 nor BM, AND this reminds me bar 6 to bar 7 move, so I'd say repeat BM long at bottom AND volume is DEC so OOE advances : repeat T1. Bar 21 : XR, close is both breaking out prior rtl AND violating prior BM -> BO,T1 and BMrev EEs. Two reasons to assign on current bar P1 and short BM at top. OOE resets. Bar 22 : XR, degap required, volume is INC, OOE advances : repeat P1. Bar 23 : XR, degap required, close is out of prior rtl on DEC volume : BO,T1 and BM long is placed at bottom. OO resets. Bar 24 : OB, a long tape appears so we have a long rtl congruent with the assigned long BM, VTP would say P1/T1 so PP4 EE so P1 assigned on next bar woth short BM at top BUT the close both crosses rtl and prior BM so BO,T1 and BMrev so P1 is assigned on current bar. What I wonder here is : what tales precedence ? I'd say BO,T1 and BMrev do. So I'd say P1 is assigned on curreent bar only AND P1 is not assigned on next bar. SO -> due to the nature of the OB, two opposite BM are placed at top and bottom and we have a short rtl built. OOE resets. Bar 25 : XR, rtl accelerates, prior long BM is violated so BMrev = FS EE = P1 assigned on current bar, BM short is placed, OOE resets. Bar 26 : XR, rtl fans, volume is DEC, OOE advances : T1. Bar 27 : XR, rtl fans, volume is DEC, OOE advances : repeat T1.
If you continue from this operating point, then you will have overcome your current sticking point. Welcome to a new shell layer! To slightly amend the idea of left event. On the trend segment level, yes, discard everything to the left. In drawing larger fractal containers, no, these points are still valid to piece together these trend segments (themselves faster trends) into trends that encompasses more bars ala’ SCT. What supports keeping things clear is the use of different line weights on your annotated trend lines. For now, keep doing what you are doing in building from the price cases for that was a past sticking point and it’s good to build reference. As you can now see the importance of the BM and it’s utility in identifying the right side of the market in the fastest fractal (and up) of the 5m. You can also see where some bars are either FS or both and how they are all distinct and apply to specific bar combinations of form and sentiment. To refine this chart snippet from here. 1) T1’s represents deceleration not acceleration. 2) A lateral ends when there is a second close that closes outside the lateral boundary. The BO bar is the functional end of the lateral. The bar with the 2nd close is the confirmation bar and the technical end. On your chart, that would be annotated by the number ‘3’ on the volume bar and the next sequential numbers above/below the corresponding price bars. When a lateral exists, all bars subsequent bars get measured, even if they are an internal with decreasing volume. The next significant bar is the 4th bar and whether the condition triggers a ‘retro.’ These numbers are placed, in addition to the chart; A) As Jack does it, in the price case column on your log. Then he puts the price case in the event column. B) For me, what I’ve found since they are affected by ‘retro’ that it’s easier for me to write them in the event column and put the price case in the retro column, since retro when activated will change what theses price cases end up to be. Either will get one to the same place. After doing it Jack’s way for a while, you’ll see why I do it the way that I do. What’s next is to drill a bunch of charts/logs so that the distinctions up to now get placed into your LTM. You’ll find that what you know that you know will steadily increase and the parts that are still unknown will prime your subconscious to ask the right questions to discover your answers. A question that helps is “is there another EE that could better describe this trend segment with the assigned P1 timing the turn perfectly” - most times there are, sometimes not depends on how good one is getting in ID’ing EE’s.
What a feeling...... Strangely, this seems now clear to me. What I deductively understand is then that PP6 describes three T1s not being superior to each other. I'll have to fix what I just said means really. For now, I'd say bar 9 was a PP6 EE so bar 10 is P1 assigned. Hi hi cascading effect ^^ Definitely, I have to print my self-initiated Journal. Thank you @Sprout , thanks a lot. Reseting it all now, and will post the whole chart annotated with the log including all what you just mentionned. Then, as a first step of the "bunch of charts" I'll do the same on each chart between 03/27/19 until today's one, 04/09/19. I'll post everything chart by chart. Never felt so in love with the work nor happier than I am now to see all the work that is waiting for me.
You're doing great. Your logical thinking has improved as well as your skills of deduction. As you are experiencing, trading is building. Since you have, like @Simples, built a foundation on the basic granularity, you can see things that others have skipped over in an attempt to find shortcuts. There are no shortcuts for doing the work, throughly and completely as one's current spectrum of differentiation allows. As you are also experiencing, the invaluable aspect of doing the log. It is a cornerstone that captures continue/change that isn't fully represented on an annotated chart. Now start a binder that contains your logs and associated price chart. Reverse chronological order, most current on top. You'll probably have to do a graphic snapshot of the chart to print it and have it contained on 1 sheet. Also make electronic copies, organize by date first on the file name will keep them orderly. Also with this, have a sheet that has each operating point that you are currently implementing. This will be invaluable as your explore different operating points and the resulting cascading of ID's of volume elements. Sometimes the exploration gives new insights and better clarity and other times one must 'roll back' to a last known good. Since you are mind-mapping this is also very supportive in documenting your current context.
I am everything but satisfied about it, it's a first "throw on the paper and try to link/ get separated what is to be" about the EEs. It must represent a bit less of the fifth of the whole mindmap I have about the work. It's the first version I just finished (as for EE part), and it's a very poor one, unfunctional, messy and incomplete. At least PP4a, PP5a, PP5b, PP3a, Ah, Ka, Kb, Ja are missing. And I'm maybe missing some more. Nothing wrong with that, it'll be completed. Right now, gonna take a break of one hour, and gonna begin to finish to annotate the 03/27/19 chart, log it, post it, and will begin the same on all new charts from this date until yesterday's one. See you after
On your chart, the convention is: 1) Place the 3 for the lateral - close to the base of the volume bar. 2) The BO bar of the lateral gets a numeric label as well. The confirmation bar does not. 3) The numbers incrementing the lateral are either a) all on the top or b) all on the bottom. You can offset them slightly, when getting into double digits. On your log for the first lateral, 1) The Sym has a wait, therefore a strikethrough on the log. 2) The next row gets a 3 in the price case column ala Jack. 3) The next numbers defining the bars included in the lateral also get placed in the price case column ala Jack. 4) The price case of the intra-lateral bars then gets placed in the event column ala Jack. 5) Changes in the volume event via retro get placed in the retro column. 6) If a retro gets activated a retro label is placed on that volume bar. As a general note for your log; In the T1 column, the gesture starts in the upper right hand corner, goes to the left and in accordance with Volume Element Ranges continues left as one does Rev Chron or circles counter-clockwise around the "F" in the cell to advance the trend. You are starting the gesture at the lower right hand corner. It's a minor nuance but could lead to confusion later due to how you build the habit. This will make more sense as one includes Rev Chron in the checklist of what processes to perform on every bar. Ie. when a 2nd P2 is > the P1 of that segment. You are now operating at the level of fanning and accelerating the fastest fractal on the 5m, using BM's and rtl's. With the current iteration of your log your can write the sentiment of the current BM that is relevant in the appropriate Position column. As an tangential exercise, you can zoom out and see how the gaussians of SCT now map as an independent overlay by keeping focus on two primary things: 1) pt2 of a slower trend is always (w/ infrequent exceptions) outside the TL of the opposite trend on the same fractal layer. 2) Increasing volume sentiment is included in the larger fractal container until a new Dom trend segment with it's associated pt2 BO the operating TL. 3) At times a trend gets interrupted and is better categorized as being incomplete as per the gaussian b2b2r2b and r2r2b2r when built from the granularity of the fastest fractal. ie. b2b(r2r)2b, etc... If the last paragraph above doesn't make sense, don't worry about it and keep doing what you are doing. It'll reveal itself as you continue.