Will do the last chart after dinner. Let me just add that although the process of physically changing locations (and perforce mental habitus) felt quite awkward at first, once I'd settled into a rhythm, it was surprisingly relaxing, and for want of a better word, almost soothing. The penny may slowly be dropping.
good job. Seeing the Lateral midday and doing the tapes in the lateral is very sensitive. When you begin to do this, then you are on the right side of the market as the lateral BO arrives. we don't do the trades in beginner BUT doing the annotations from beginner onward preps your mind for the more advanced levels. You can see that our objective is to trade from FTT to FTT because of the channel overlap concept or principle. Discerning what is going on by building from tape to traverse to channel makes trading by this principle very consistent and steady. This happenings are in soppurt of the parasympathetic emotions and feelings.
At this point we can see the Power Law in effect. Every other day an order of magnitude shift in contracts is occurring. This is what is required to show a trading approach has consistency and steadiness. The practical use of an equity curve obtained from forward testing (application of trading approach) is to determine the capital requirements of the approach. A line graphic is superimposed on the equity curve that corresponds to market capacity. This leads to developing a strategy for how to do partial fills and to what extent they are possible. We will see as we get this effort integrated that seasons and market PACE come into the picture. the range of capital application that is possible in SCT trading is between the limits of the line that is the capacity and the line that is 5 time the capacity. These 10 days we did were among the most productive of the market in making its offer to traders. So we see the Power Law shifts with the ATR of the non stationary window we view for doing capital application strategies. Market externalities do provide for how the ATR ranges and becomes a carrier of the application of capital strategy. The days where serious levels of blowouts were occurring DID affect the capacity and it was lowered in the highest levels of volatility. Blow outs are non reoccurring events and they usually are on lowest levels of the T&S. When you observe them on the 50 + T &S, then you do give consideration to a narrowing and redistribution of the demographics of the constituent players. We have not discussed the "thinness" of markets. That will come up when we start to use leading indirect indicators of price.