More YM Guidance... Whoa had to pick off 41 on the YM... Pro Rata Vol all the way. But volume doesn't lead according to ETer's latest poll... UM OK! ASAP channel on 41 was questionable and had to rely on YM Guidance... Did you "see" the YM convergence... Thru bar 45... MAK
I am going to redo the thread in a draft form using WORD. This means illustrations will be worked in as learn how to do that. Attached is a segment. Each segment will be a natural development of a specific step in the process. You will see that I also will post references to other documents. They will be posted in ET right after I get the attachment in place. I will do several versions of each posted element and the versions will be deepened by appropriate Inserts. This, then, will become a more substantive process. And it will actually be an example of the process of iterative refinement. Appendix F will accompany this. It will be a series of caveats on how B people get to be the way they are and how anyone can become very aware of how to avoid all of the kinds of the mistakes these kind of people are making. It is like the Chapter 20 of HTMMIS by WJO; he has 18 examples. ET has a complete set too. In this way we can get to a CPM and also avoid all the cowpies on the way. Our starting point is a normal place. a person sees in the market an opportunites to make a lot of money (trends) and he also sees that he knows of no way to figure out how to take profits. So he asks someone for information so he can compare it with other ways other people do things. Because I have little available time, I figured I would just post the whole 9 yards ASAP in response. Start with a 3 ring binder.
Reset of point 3 on YM... Thru Bar 52. Auto resize on my chart made the channel clear. You see how I failed to translate the CCC (in Blue - a volume story) on my ES. It contributed to not "seeing" the annotation for bar 41. YM corroborated. Was in all the while and then reset right back into the groove... An "M" day. Currently in 3rd leg... 4 th leg to follow... MAK!
Grob109 quoted that profits are taken at the left channel line. Does that mean the two 5 minute bar channel line or a higher timeframe ? If you reversed at the left channel line of the two 5 minute bar channel and it breaks out against you do you reverse again ?
Grob I will be happy to update the word doc and insert any illustrations if that saves you some time or if you prefer synopsis on how to do - let me know. Appreciate your time on this very much. 3 ring binder in hand Mak - superb charts and comments today many thanks for posting these Irl
cool I will use some of the superb stuff we are and will generate here. Elsewhere I have seen jpegs or something that does several unfolding bars. we might do that and do video clips too. I do intructional videos for getting corp decision making done and for presenting paradigms and for chaning a person meyers-briggs make up(leadership adjusting programs and cloning expert sales and marketing people) Mak I am commuting to RPI vis a vis their capital campaign and EWB. I can reroute a little.
YM Guidance cont... thru bar 72... (blue=congestion) perhaps should use yellow (ie. red/yellow/green) MAK