Making JH' SCT and all his material alive

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

  1. WchPl

    WchPl


    Uuups.... I posted without watching if something had been posted before. I apologize for that and will take into acount and incorporate all what you said after the break I take now.
    Thank you very very much @Sprout
     
    #831     May 3, 2019
  2. WchPl

    WchPl

    Thanks a lot for your words, I appreciate it a lot and it's part of the great feelings going through myself currently. This work is amazing.
    When I get up every morning, my mindset about the next chart I'm gonna log is : please chart, give me some troubles, give me some new EEs not encountered yet, give me nested laterals, give me troubles with the VTP, I want to face something harder.
    I've never felt so concretely in relationship with the market.

    Shame on me, I forgot to do it whereas you had already told me to do so. Thank you for your patience although I feel here you have empathy for me and most likely you must be telling yourself "it's normal that he forgot it, he's currently doing hard in incorporating everything".

    I have troubles with Tradingview. I had already saved many templates, but there's a bug I think as each time I wanna use/put a template already saved to just paste it and save time on labellings, it does not work. The saved templates appear to be forgotten by Tradingview and I can't use it.
    It's either due to the website itself, or the fact that there are too many infos labelled on the same chart that makes the browser a bit overwhelmed.
    Gonna solve this.
    Clear, and understood. Thank you very much.
    Once my issues with Tradingview are solved, i'll be able to use this. Meanwhile, I'll label things by hand when there's to.

    Thank you very much for your help, you make me progress a lot.

    Let's debrief, refine and log another chart right now.
     
    #832     May 3, 2019
    Simples likes this.
  3. WchPl

    WchPl

    A thought about OB on a particular context :

    I have two P1s in a row. The two corresponding bars create a given trendline. When the third bar comes, volume increases AND there is acceleration AND the price bar is OB.

    I see here there's a : INC volume = P1, and this is after two P1s in a row so 3 P1s in a row AND there is acceleration SO we have PP1. BUT, the third P1 is an OB and volume is INC SO there is also PP4 due to the OB. The question I asked to myself was : is there then a PP1 OR a PP4 OR both PP1 AND PP4 EEs ?
    What logically appears currently to me is that it's the order of identification that counts. In other words, I see a PP1 before seeing a PP4.
    It's exactly the case presenting on the first bar of the next chart I've just began to log. Let's see if what I said here is as logic as it seems to me now and what kind of result it provides.
     
    #833     May 3, 2019
  4. WchPl

    WchPl

    As often now, as soon as I ask myself something, the simple fact of logging kind of gives me the answer.
    I feel now in fact, after thinking about it, the right EE is more likely PP4 although it's a PP1 too.
    Let's reconsider what I said in my prior post and go with what I put in this one.
     
    #834     May 3, 2019
  5. WchPl

    WchPl

    Full MADA on 11/04/19 & Logs

    Full MADA 110419.png

    NB : a little thought on P1 assigned on OB.

    As you mentionned @Sprout , one is to make progress the trend forward when a P1 is assigned on an OB. In the example you talked about, it was on increasing volume. So it's P1 assigned that leads to P1ass/T1 = AND PP4. There could also be a BMrev, a BO,T1 or a prior PP! EE that assigned P1 on the OB in question.
    The example appeared on the chart posted in this message.
    AND -> I began to wonder what if it would be the same scenario BUT on decreasing volume for the OB in question ? This case also appeared on the chart I post here. And what I came as a conclusion is that if when a P1 is assigned on an OB w/ INC volume we are then to see a PP4 and more precisely an AND PP4, then what if it's on DEC volume, then which would be the path ? which would be the EE ?
    I watched at my PP!s board, and I noticed I had already seen something bothering me a bit as for PP4a. In the description, it's a P1/P2. The OOE is P1 T1 P2.. If P1/P2 exist, it would mean T1 is unexistant/avoided/jumped over etc. This may deal with rev chron or something else.
    I'm too tired at the moment to solve or DD anything about this, but I feel it'll be clear very soon. In any case, I think there's a problem with ID'ing a bar where P1 is assigned on OB w/ DEC volume as an AND PP4. It must be something else. For example : maybe the thing is just that if P1 is assigned on an OB w/ DEC volume, one is to assign P1, then consider the T1 was already there by the nature of the DEC volume bar and this leads one to make the trend progress forward to P2, jumping over the T1. I will study what I just said here, but tomorrow.
    Tomorrow i'll see clearer.
     
    #835     May 3, 2019
  6. Sprout

    Sprout


    If PP1, then P1 assigned on next.

    There are PP1’s that XO the RTL and those that do not.

    Of those third P1's, there are Prices Cases that are OB’s and those that are not.

    Of those OB's, there are those where sentiment are congruent with trend and others where it's not. Of those, there are ones with increasing volume and those that are not.


    The above is independent of PP4’s. As an ID it can have a P1, an assigned P1 as the top row. As a EE it has a P1 assigned in next.

    You’ll notice as you work through the logic, that the sentiment of the OB makes a difference in regards to Continue or Change as it relates to the trend segment and whether the turn has just happened or it’s about to happen.

    In both of those cases, as an independent event, a BM,rev on next bar is a possibility from what was anticipated by the PP4’s next P1 assigned. PRV on this bar clears this up.


    As for PP4a, it's a special case for bar78.

    Bar78 has a process assigned to it -> advance one peak.
     
    #836     May 3, 2019
    WchPl likes this.
  7. Sprout

    Sprout

    Comments within quoted text.
     
    #837     May 4, 2019
    Simples likes this.
  8. Sprout

    Sprout

    ...cont'd

    The following will be like retro but on a larger scale.

    To start with turns and trends, what you are looking for are a change in the dominance of a trend. As you have been overlaying the SCT trendlines, one can see the pt2 of the opposing trend correspond to increasing relational volume bars in the volume pane.
    Depending on what Set type of trend/trend segment it is (A,B,C,D) will give an accurate starting ID of a turn and associated trend OR it will spawn a retro (on a trend/trend segment level) to ID the turn. What this means is that one would go back in time on the annotated chart to re-ID a turn.
    An alternative is that one can also just go forward from this starting point. The process is self-correcting as one progresses forward.

    Using the 30m, one can see the larger trends shift in Dominance. From here zoom into the 5m and using the Modrian table look at the 4 vertical grouping of the 8 cells. Each cell is composed of 2 columns, a 'n-1' and a 'n' column. Since you are in the 'now' you are looking at the 'n' columns within the cells.

    You'll find a listing of EE's. Find the 'now' EE that you've identified.

    As you know; EE's are the ends of trends/trend segments. We know that the archetypal pattern is composed of three moves;

    M1 is Dom to Dom,
    M2 is Dom to non-Dom,
    M3 is non-Dom to Dom.

    This archetypal pattern completes, extends itself or is incomplete by being interrupted. To express this in SCT terms: On one level of awareness this is true on any particular fractal. On another level of awareness, all trends complete. At this level of awareness, the completion of a trend on one fractal level occurs within the nested faster fractal.


    Using the archetypal pattern, we take the case that it completes and yields to another archetypal pattern in the opposite direction. b2b2r2b -> r2r2b2r -> b2b2r2b -> r2r2b2r etc...

    From here we know that the pt2 of one pattern connects to the pt2 of the next pattern through a move from non-Dom to Dom.


    As Jack has stated, "we can know a know a thing by knowing what it is not."

    In the case that a pattern is incomplete this pattern gets interrupted from M2 -> M3 and the return to Dominance of the current trend and becomes the M1 of the new interrupting trend as b2b2r2r/r2r2b2b.

    In the case that a pattern is complete this pattern is not interrupted and completes as an archetypal pattern M1 -> M2 -> M3.

    In the case that the pattern extends itself, then M1 -> M2 -> M3 -> M2 -> M3 or b2b2r2b2r2b/r2r2b2r2b2r.


    Back to the Modrian Table. It's basic structure can have additional groupings. The eight cells can also be grouped into 2 groups of 4 cells. When grouped as Trends Sets A,B and Sets C,D then we have incomplete vs complete. When grouped as 4 cells per horizontal group, then it's FS's and Routine.

    Here's where the retro process comes in. Let's say you have on the current bar a BO,T1. There are multiple places on the Modrian table where this exists. So then one looks at the previous EE ID on one's chart/log and finds the pairing. Let's say it's another BO,T1. Since they are two FS's, then one confines their search to the upper row of cells. Still multiple choices from this level of awareness, and that's OK. As one trusts in the process, it will be auto-correcting.


    Let's say we go with BO,T1 as 'n' and BO,T1 as 'n-1'. We have now located a C-C turn.

    Now the next EE presents itself in another 'n' context. Our previous EE is now an 'n-1'.

    Now our 'n' EE becomes an 'n-1' and we ID'd it as a BO,T1 C-C turn, we look on the list of 'n' and we either find our new current EE or we do not.

    If we do not, then we have collected a 'Fail' or 'False' as another C-C turn. If it is not this, then it has to be an 'A' Turn and label this new current 'n' EE as that.

    Now the next EE presents itself, the trend is moving forward or it is not. The market system of operation presents itself as trends that develop in an irreversible manner unless they are interrupted by a new trend. When new, then start again at the beginning.

    If it is moving forward then we look in the Trend Set B: C-A-C column of the Modrian table and our previous EE is an 'A' Turn thus being located in the 'n-1' column and we are looking in the 'n' list of the C-A-C column of 2 cells (FS and Routine) for a match. If we find a match, then we have located another 'C' Turn as the C-'A-C' pairing of B trend that it implies. If we do not find a match, then we have collected another 'False' and the trend has progressed to present a 'B' Turn. We label this EE as a 'B' Turn and the trend progresses irreversibly.

    At any point if we do find an EE on the 'n' list of Trend column cells then we have located a shift in Dominance as a 'C' Turn implies. When locating a 'C' Turn we return to the 1st cell of the Set 'A' trend column and begin again just like the VTP always returns to a P1 when a trend/trend segment fails to continue.

    This is where your prior work of ID'ing turns at a beginner level will begin to make sense. The practice built a frame of reference by which all of the above will fall into place relatively quickly.



    When something fails to continue, then we have change. This is the binary result of a boolean operation. This is distinct from constructing a dataset using boolean operations to log a result in binary notation which can translate to decimal numbers greater than 0 and 1.

    In PVT, this scoring goes from 0 to 7. Each score defines a position that a particular equity is in with regards to it's expressed Price Volume Relationship. This score is the binary result of a dataset that has multiple elements. Each element goes through a boolean operation. When Jack introduced PVT, it was meant as a foundation, a place to build from. There are concepts in it that are not mentioned elsewhere.

    Thus from this introductory system and through successive cycles of iterative refinement, the Modrian Table is constructed on negative logic and it is the collection of 'falses' that move a trend irreversibly forward. On a fractal level, Jack's entire work went through iterative refinement to become more and more precise.


    It's beautiful in its simplicity when viewed from within yet ironically from the outside looks hopelessly complex.
     
    Last edited: May 5, 2019
    #838     May 5, 2019
    WchPl and Simples like this.
  9. WchPl

    WchPl

    I am obliged to put the work asid for 1 or 2 days. Take all care of you, i'll be back very soon.. Can't wait to be back !
     
    #839     May 7, 2019
    Simples likes this.
  10. WchPl

    WchPl

    Both my keyboard and mouse passed away recently. That's why I was unable to keep on working and post logs/annotated charts.
    I'm currently studying your last answers @Sprout , building with a bit of delay the templates library on TradingView in order to be operational for what's coming next. Also, i'm doing the necessary to print my own Journal, it'll help me, I need it. Today if I find the time among what I have to do apart from the work, I'll do another log/annotated chart just to be back into the flow after 3 days of interruption, and then I'll be debriefing the same chart attempting to include what is new for me now : turns, trend types, Modrian table etc.

    Wish you all the very best
     
    #840     May 9, 2019