I've had a couple of requests to post a full and updated list of vocabulary terms for the various columns of the log: Monitoring Volume I/D R2B - This symbol means two things: A bounce off a LTL on a "short" channel and a bounce off a RTL on a "long" channel B2R - This symbol means two things: A bounce off a LTL on a "long" channel and a bounce off a RTL on a "short" channel R2R - This trough symbol marks the end of the overlap after the end of a "long" channel and after the start of a "short" channel which was signified by the FTT that gave point 1 of the new SHORT channel. B2B - This trough symbol marks the overlap after the end of a "short" channel and after the start of a "long" channel which was signified by the FTT that gave point 1 of the new LONG channel. I - R = Increasing Red = this refers to the successively increasing red volume bars which occur after a bounce from the RTL on a "short" trend AND after the initiation of a new "short" trend D - R = Decreasing Red = this refers to the successively decreasing red volume bars which occur after a bounce from the LTL on a "long" trend I - B = Increasing Black = this refers to the successively increasing black volume bars which occur after a bounce from the RTL on a "long" tred AND after the initiation of a new "long" trend D-B = Decreasing Black = this refers to the successively decreasing black volume bars which occur after a bounce from the LTL of a "short" trend P - Peak volume: this symbol refers to the highest volume of a price move; price is unsustainable at this level. T - Trough - this signals the lowest volume of a price move; a volume breakout will precede a price breakout Pace These symbols refer to the horizontal rays going across the volume pane. X - Extraordinary F - Fast M - Medium S - Slow DU - Dry Up VDU - Very Dry Up P chg - pace change Here pace change is denoted by an arrow pointing at the symbol for the present pace. Price CH-T - channel trend LT - Long trend ST - Short trend INT - Internal - Price moving horizontally as the market pauses for breath. Internal formations consist of pennants (aka triangles) [symmetrical, flat-top, flat-bottom] and laterals TR-T - traverse trend ADV - Advance - price advancing in the direction of the traverse INT - internal (see above) Analysis Mode C - continue X - change Direction LT - a black bar occurring in a long trend ST - a red bar occurring in a short trend Sequence D - Dominant ND - Non-dominant Stage 1, 2, 3 and FTT - which at this level, would correspond to the stages of the traverse Vol- bar volatility No vocab established for this column yet Ovrlp -bar overlap IB - inside bar OB - outside bar NO - none SM - small HF - half MO - most ALL - all Various abbreviations, relating to the degree of overlap of a pair of bars. Decision W - Wait EN - Enter EX - Exit H - Hold R - Reverse Action L - long S - short cov - cover That should be everything!
My current priorities include: Full and accurate annotation Using the I/D column for Gaussian hiking (vs blind data-logging) Improving my appreciation of PV synchronicity Reaching closure at the end of each MADA cycle. Activating the nucleus basalis. When I get home from work, I intend to get started on last week's charts, and will try the process in real time tomorrow.
Hi. Neoxx: Jack just asked me to pick up copies of the segments of the charts for the 29th and the segments of the the 30th and the corresponding four logs for each day. Where are they? I can't find them. He wants me to print them out for him as you posted so he can check your progress.
Hey Brandx. 29th - thought I was still drilling, so was waiting for prints. Realized late in the day that I may have been required to work real time. 30th - at work Please tell him I've organized my trading and learning binders, will post drills with the new log tonight, and post intraday segments tomorrow. Thanks, Neo
Day 11 In retrospect, I suspect that my annotation is incorrect here. The golden circle effect may have necessitated an atypical first traverse construction, and I may in fact, be well into my second traverse. This characteristic is shared with charts 5 and 9, both of which were preceded by short trending days that ended in a dominant traverse, and for which a carryover channel was in place. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2153402>