The five pertinent levels are: Channels, Traverses, Tapes, and Building Blocks of Tapes (BBT's) , and sub building blocks. Can sub building blocks be seen on the 5 minute chart or are they intra-bar ? or Are sub building blocks considered "THE CASES" ? Sometimes. by using the 2 min YM chart you get to see all the subs and often the sub subs. If you look at volume anotations on the ES five minute, the parts of all patterns are usually included. There, sometimes, the lines are coincident for part of the pattern. Different platforms offer different capabilities. MC has the ability to chose line wieght and pattern independently. TN is not flexible at all; it lacks what is called a "global variable". On TN the convention is: Channel (thick); Traverse (Medium); tape (thin (skinny)); BBT (dotted); subs (dashed); and sub sub (dot-dash). In effective and efficient trading (reversal oriented) a person uses three nested fractals: the trading fractal and a slower fractal and a faster fractal. The trader makes the choice. The cases as shown on clean page 2 recent renditions, show the constituents of patterns. Patterns can occur on all six levels and, for ATS level coding, they drill down past human reaction and pattern observation capabilities. Personally, I can work off OTR charts and see the patterns easily there. This is faster than sub sub on the YM. I do this to get the harmonic precident at the time of "end effects" of turns where partial fills are required due to market capacity. My "fills" usually are like a stream of rows (lines) on the record keeping pane for each turn. When a trading system operates in concert with the market system (as constrained by its design and operating rules), the trading system may only use finite math since all markets operate by finite math constraints. This is apparently not understood by many system designers or operators. The cases represent all possible combinations of time based change that may occur. This establishes the information incoming bandwidth. From then on information is added to the system by creating additional degrees of freedom (all finite math based). 70 degrees is common for expert pool extraction. Cash Cow uses 31 different color lights, for example. So the single pattern that is observable comes from a hypothesis set and its parametric measure. This is what IS the foundation of the deductive paradigm. It is unique as THE foundational theory of markets. It solved the "riddle of induction" as applied to markets. Others created a paradigm to provide the general "riddle of induction" solution paradigm. Serendipitously, we were in the same building on different floors and separated by 55 years in time. The HS and PM operate in the finite set of the cases, defined by the P, V of each case. The single pattern applied to nested fractals creates a rigourous systemmic result that integrates fractals down to the fineness of market's operation and upward to the cultural systems since econometrics could be applied retroactively (tilips and rice included). This means simply and fully that markets do not have anomalies nor do they have noise. Many people look for both anomalies and noise and they use information theory to describe them. The results of this kind of application is globally known. In information theory, the branch is known as "probabilistic theory" The other branch, non probabilitstic theory of information theory, is where the market system lies and, as a consequence, is where a non probabilitstic trading system must be found and based upon. The current short channel we are in and which established that the Bull retrace was behind us started its final beginning on 26OCT09 on bar 20 of a five minute ES chart. The carry over for Monday 02NOV09 is a Short Channel; Short Traverse 1 (temp FTT@ pt 2 of BBT 3);Short Tape 3 (temp FTT@ pt 2 of BBT 3); BBT 3 pt 2 to pt 3; Sub 2 long pt 1 to pt2 after BO of Sub 1 RTL in flat top two bar pennant. Nice PFC template. If there is a volatility expansion big enough to wipe out long traverse, then technically we ARE BACK TO THE FIRST SHORT TRAVERSE of an ever steepening FIRST short channel AFTER a Bull Retrace failing. Thank You for explaining this. Is this 'technically' true all the time? By being systemmic in a finita math orientation and building a continuum of nested fractals, anomalies and noise are eliminated. By using a "logical' framework, a system wide integrity is created. From a practical point of view, it does take time for the assimilation to occur either mentally or in the conventional forms of archiving complete systems. Personally, I had a lot of time. At one point there were only mainframes with few instructions. I held a copy of the flow charts for about 18 years before they could be handled by well oriented people and sufficent software languagees had come into being. My mind was differentiated by that time of creating flow charts and all that had to happen was the appearance of real time data processing. Reservation systems and military aps lead the way on digital computers but before that DI's (GE) and analog (Reeves) proved inadequate in real time. Even TRM was not up to dealing with information flow. Differentiating could be like building a musical scale so a person could recognize music. Then enhancements like huge bandwidth processing and finally digitalizing music could become part of a person's musical capabilities. Where does the mind end and extensions of the mind become supportive? We are only at the stage of building libraries of snippets and scripts. It is like only cores can be made operational and surrounding them with shells requires original computer systems. You may notice most platforms anchor volume bars to an axis. How quaint. Clean page 4 was a statement of price regions relative to the price pattern beginning. couple this with the hypothesis set, and all the "technicalities" are on the front burner. An uncommon occurance can be through the interaction of two adjacent fractals. You are bcoming aware of this as a possibility. right now a short traverse hs been expanded on the LTL by VE's. It also turns out the RTL is affected as it is fanned to a less severe slope as net point 3's and new point 2's are accomodated. Tapes that would BO of the traverse are more remote from the RTL when the even tapes cause VE's of the Traverse LTL. There is also the daily gapping that occurs and how it shifts te whole fracatl picture in parallel. Because sentiment always exists ultimately the patterns close out on all fractals. Here we can see that BBT's form tapes and Tapes alternat within a larger container (the traverse) so the container is long lived. In conventional wisdom parlance, we are doing an inverted saucer. It has a lot of trend segments. Market dynamics will always be the direct or indirect consequence of human behavior. Human heritage and survival seem to be interlocked in a very rational way, although counterintuitive by the man in the street standards.
5 minute and daily shifted. Tape level gaussians. pfc - Tricky but I think tape long 2 sequences are complete. At worst, its a bbt short 2-3. Either way, imo, short is the right side of the market for the open.
In an effort to standardize my charts to more accurately keep track of the nested fractal counts, I have decided on the following. 5 Minute Chart Channels = double weight line Traverses = single weight line Tapes = single weight dots BBT's = not annotated sub BBT's = not annotated Gaussians = tape level Daily Chart Channels = double weight line Traverses = single weight line Tapes = single weight dots BBT's = not annotated sub BBT's = not annotated Gaussians = tape, traverse, and channel level Daily Fractal Count Channel Short - 1 Traverse Short - 1 Tape Short - 3 BBT Long - 8 (to begin short 9) Sub BBT - not counted
Well, it turned out to be a bbt short 2-3 off the open today. The bar 2 OB on increasing volume kinda let me know. Sequences seem to be complete, but with a ve of the channel on the regular chart and a ltl touch on shifted, it looks like overlap will begin. I changed the daily shifted to respect the highs and lows of inside bars and got rid of the traverse and channel lines until their 1,2,3's are known.