Out of respect for some ET members who have asked that I remove my post, I have. As Fruity Pebble accurately observed, there is way too much drama going on here. Enough. I hope that this and other related threads return to normal although I suspect the provocations and nonsense will continue. But maybe not.
If you kids don't stop hitting each other I'm going to turn this car around right now and nobody's getting any ice cream.
Your post is a crucial one. You have made an important connection. As the market operates it is dynamic and not static. The clock ticks and the bars (price and volume) go up on the chart in a uniform presentation of data to us. The data is inserted into indicators as well. What we see is named by common consent so we can communicate about it to each other. You are acquiring a set of major names already. When I get a place to continue, I will comment on sequences for each fractal (seven). What you will see appear are natural lists of what is happening (name stuff) why it rolls out the way it does (the process of the market) and how we make money with this information. To let you know, I have some subtle things that I do. I love dry humor and I always buy joke books to send to people since they never get my humor consciously. Here I simply request that people keep lists of sequences. I check all posts for them because then I know the person's thinking better. My requests usuually go unheeded until a person makes a shot of money by seeing subconsciously, then consciously the sequence that made the money. there are people clinging to simple sequences all over ET; they have "keepers" and they think they are "edges". The sequences you will make for yourself or I will give to you soon, will change it all for you. Your post is a magic one for me. Pace is showing up for you. If we looked on the 5 min at a rocket, we could make a list of the rocket doing stuff. We could name things happening on price, volume, MACD and STOC. It is a barbershop quartet singing to us. That was a dark town strutters ball sequence if I ever heard one. Or in chess terms...blah blah blah... as a sequence of two sets of moves by openents. Four bridge players sequence through hands. If you make three moves a second on a Rubik cube you are integrating several sets of algorithms like you do with price, volume, MACD and STOC. 60 moves in the sequence and 22 seconds later you can pick up the next one to do. I want you to list what happens. We will see that different paces have different sequence adjustments occurring. what is there to see and do is get all the way to "driving" with sequences and recognizing that little anomolies are the key to what is conming up next. i call them flaws because it is familiar to all traders under the topic "what when wrong with that trade?" Flaws are cell "blockers" where a cell is a place where the market maytry to go to next. Scrimmaging is important in many games. If we have a play going down, for sure something is gpoing to end it. If you see the sequence of the play and you are a good cameraman, the public gets to see how the play was completed or screwed upby the other side. In making money, you are a cameraman and more impotant, you have a chance to see what messes up stuff and specifically what the countermeasure is that you could take to turn the situation into a favorable one to get the most out of the situation. We will get the names down for events. we will see what their natural combinations are and how they sequence. We will discover that there are a few flaws (KISS begins here) that really let us ace the rest of the crowd during the transitions during a profit building sequence and also from one profit taking event to the next. My goal during the beginner rocket building successes is to increase the length of people's attention and the depth as well. naturally I have to bury myths along with this. So I use things like "entwining" to describe the perfect accumulation of profits. Rockets are the first sequences. If a rocket doesn't pop you have an iceberg which is another sequence(s). Icebergs vary too. The easiest perceived sequence is the CCC. This sequence links on to fast paced stuff that hits support or resistance levels. You can start with CCC. Congestion (a lateral channel), convergence (a truncated symmetric pennant), and centering (pennant). what chunks them (divides the ccc into athree part sequence) is found by noting the other things than price formation. Gee Whiz you find volume stuff can be named and those named things in the list you make come ahead of the pice names (and after them too). Here you discover raw unadulterated power. Your post says you are gaining a consciousness. Ordinarily I let people have the brief discovery experience of putting together sequences and then deepening them with details and seeing branches form and then seeing the sequence come back on itself. They also see that things are corralled by flaws. discovering the flaws are like discovering how the immune system works. when we see a flaw we know that a path is blocked and that there are onlt so many possibilites as alternatives. When you run out of alternatives you know whats next. We just turn predicting inside out to win continually. I will be using momentum stuff for getting the pace gradations on the table. We will use what we have on our display to understand momentum. This is important as we get to using the two drawers adroitly. I feel that as we make low risk money first and it piles up steadily, then we can play in riskier places and have more tools to kill the risks. Always note that what you can discover instead of being told somehow makes it all more fun. If I could have rolled on the journal, I would be eliminatingsome discovery stuff but that'snot a difficulty either. It is good to learn fast too when the opportunity is there.
Jack, If I may, I have a suggestion. If it is not possible to construct your journal properly here, consider posting it in the documents section on Don Cameron's site, putting a link to it in your journal here. I'm sure David Marshall or Colin Anderson would be more than happy to help out with additions and changes along the way. There's a lot of your work archived there already and your journal, once completed, may end up there anyway. BTW , Thanks, for the thousands of hours you have given to help people over the years. Stevecs
Thanks a lot Jack. I think this post cleared up a lot of questions for me about the ouiji board. In terms of flaws that are cell blockers, i am gong to take a shot at the 2 i think i understand: For fast pace rocket too no pace(ccc), the cell blocker would be when price fails to traverse to the other side of the 2nd pt 3 channel. For no pace(ccc, more centering) too fast pace rocket, the cell blocker would be centering when there is no volume and price movement. What follows is volume above noise(signal) which continues and drives price. these may be wrong, just trying to give it a shot. Hopefully i got 2 cells of the 8 cell ouiji board understood. Although i find discovery of stuff fun, I would really really like to learn fast when the opportunity is there also thnks, jc
Today i think we have been in a medium/slow pace(iceberg) and no pace(ccc). At synch we had a rocket signal long that turned into a wash. At this point i think that we were entering a medium/slow pace. Eventually, i think we might want to short on the failed rocket long. The medium/slow pace continued to traverse the channels made until around 10:40; when it failed to reach the other side of the channel. From 10:40 to 11:20 it was ccc until it hit the top side of the channel at 11:20. I might be mistaking the ccc from 10:40 to 11:20 for slow pace which would also make the origial period between 9:45 too 10:40 medium pace. just trying to reach the next level of conciousness. Any thoughts would be appreciated. jc
Just wanted to post where i think possible C&R spots are. It seems that i get more(C&R spots divided by time) C&R spots in slower markets like ccc than fast rockets or medium pace. This might lead me to think i may be doing this wrong. jc
Jack, Thank you very much for 'showing' me what you did last week. I am sure you know how much it helped me, I have change/ continuation down and was sucessfull at doing/seeing things on friday that i didn't realize i could. I am currently most confused by the stop logs. I think i see the big picture on them but I am confused by exactly where we log them. I think I understand how they work, the importance of them, and how they show us a trend is slowing. In otherwords i think i understand everything but the most basic, where to put them, (this usualy means I am way off base). I think what we log is what nwbprop had previously thought were the opperating points (point 3s stalls etc...). I also believe that he is about to post a chart with his/our idea of what they would be. "What you record on your log is price values where the price bar formations exhibit the more important values." you suggested that we should be able to get it from this post, could you give me a little jump start to help me start logging. thanks again for your patience and increadible willingness to share your knowledge. BL