I'm not the subject of Schoeck. You are. I sugested that you read both Schoeck and the Frenchman he referenced, Riaga, because then you could understand better the Envy-indignation isssue you keep on the table. We are dealing wih the mental faculty of comparison in many ways. A goal of fighting me is humorous. Think five years hence. I am asking for suggestions on how to show a record. That record will be digested by any thoughtful set of people by then since they will have it to look at for over 10,000 hours (their suggested required processing time). As you can see on ET no one fights me intellectually. All the detractors do is whine and not counter with any intellectual commentary (you included). It is apparent that others work and clean highlited charts are available to the public. Right now we cannot look at bars 1 through 19 of Friday on either a chart or page 1 of a completed log. The clean intraday log is five pages long You want to compare your chart with my chart. Go ahead. Do my chart and compare it to yours.
This chart is from a degapped roll over symbol. Secondly, it is degapped day to day. What it is NOT is degapped bar-by bar. Therefore, any user has to degap bar-by bar mentally. the platform owner and his staff have come to understand the value of degapping bar-by-bar. They say they are reprogramming their entire system to accomplish this issue. It is now 2013. My programming is done "as if" they have completed these responsibilities to return to being competitive. By doing this you can then use the permission criteria, filters, fornulae, rules and strategy to determine if and when a volume bar can be measured in the three step test procedure. Of the 10 possibilies for adjacent price bars, 7 do not give permission and 2 do give permission and 1 requires two measurements. Ocasionally, a volume context overrides (by a specific comparison of the second bar to the first bar of the internal) the price denial.
You are not handling price permissions. your log is not hand written for each bar you speak of. When you log, for "repeat"you put a dot on the top of the prior bar volume "T" in the cell in the new row. Draw an arrow that follows the three part test procedure. For repeat you stay on the dot and fill in a T or F on the row you are testing It is the next bar and the row of the log where you placed the dot. Lets say it was false. Jot in an "F". You then begin to move the arrow to the prior element to the right (signifying you are doing a reverse chron). To determine the prior element you look up the events column and see the hand written prior element's ID. You go to the right with your arrow to an empty cell. You test. Your write T of F for the test result. you keep doing rev chron until it has gotten you to the right column of the log. Then you draw the arrow down to the bottom of the row. Then you go to the right as far as you need to to complete the third part of the test procedure called "next". At that empty cell you fill in true or "T". Now you can look at the row. You find the leftmost T and fill that element name in in the EVENT cell. You did a log for bar 1 of the 08th of FEB13. I put in a T for P1 so you could see two T's on that row. I also wrote the word "left most". The P1 on bar 1 was the third P1 and it was accelerating. This is the marketsurfer always winning trade he gave to marketsurfer's quant programmer for the programmer to use to treach surfer about making money and never losing using TA. He will not print the instructions. He will not hand it to a quant. The quant will not do the arithmetic coding to see 3rd P1 accelerate using addition and subtration that Derman told surf quants use. Attached are all the corrections. Start on bar 66 and follow the market. I frequently give you my trades. If you log each trend I traded, you will learn all the parts of price (10) and all the parts of volume (11), all of the test procedure; and all of the End Effects in groups A through K and the PP group. Keep you acquired knowledge organized in three ring binders.
Digesting your corrections. Thanks for that. I (think) I understand why you would/could (theoretically) assign a P1 Volume to it. But... if I only look at the volume of bar 76 compared to the previous two bars then according to the rules I would have to assign a T1. There was no P2 yet therefore I would think none of the other rules apply. Is that correct?
No. Look at your notes on TI and look at your notes on bar 78. If they are complete you will see a note on the only place (only means no where else) where T1 is possibly skipped is bar 78 where the event IS: Advance one peak. The peaks are: P1, P2 and P3. You have to know the status of peaks as bar 78 begins, forms and completes. Look up the event log column to see the peak status. There is no such thing as "assigning" T1. If you made something up, then eliminate what you made up. T1's only come from doing the three part test procedure. A T1 can only occur as a "next" after the assigned P1 or after a new P1 when only P1's are part of the trend. T1's can be "repeats" If a P2 occurs, then there are no more T1's possible From the above, it is possible for you to conclude that if another P1 occurs after a P2, then no T1's are possible at this point in the trend. Many many people and authors and traders are incorrect in their postulations about trends. They create risk and they create the need for money management. All bars are named. 50% or so are named WAIT. There is only one pattern. This enables you to get permission from price (here you make errors). Price permission lets you apply a three part test procedure (here you make errors). Where the test procedure does not yield a forwarding of the trend, from finite math and binary vector math, YOU KNOW YOU KNOW that an End Effect has ocurred. Name the End Effect and begin a new trend. Or skip naming the End Effect and just take that profit segment. None of this is rocket science. I keep posting the same things to you over and over. This series of posts comes from your error in annotating a lateral. Laterals have BO's. If there is no BO, then the laeral is continuing. See if you can post charts every 5 to 10 bars. Also include your hand written log with the dot and the arrows on each row. trading is not done in hindsight. trading is not done by making calls. trading is not done by predicting. Trading is not done with statistics. Trading is not done by setting targets. Trading IS only done by following a fully complete system. There are no flaws, no noise and no anomalies. A fully complete system operates in the Present which is sometimes called NOW. In the Present all price and volume bars have names. There are 10 price names and 11 volume names. 21 bar names that start, move through and bring the forward progress to an end when none apply on an bar that ends a trend. On that bar a unique End Effect is presented to the trader whereby he REVERSES to the upcoming trend corre4ct sentiment. There is a failsafe measure called a bookmark. On a book mark a trend FAILS and immediately on that bar a new first name is assigned to that bar. If you take notes, then you "GET IT" by doing the repetitions. some times you can follow the notes, when you do not have a note, then you write the correct note and your notes grow. I learned to trade in 1957 in 40 days, half of which The last half) I had begun to trade live. I bought my first MB sports car in 1960 while in Kopenhagen on my second European summer vacation. I started with 300 bucks. Darvas ws dancing and box trding. He toured Europe annually. He used the telegraph I used the telephone. In stocks there are five rules and you make 10% a turn and seven turns double your money six times a year. There are three Arithmetic equations. A one pager contains the rules and the chart and table. It was checked out with 400,000 data checks and no adjustments were made. The filter for over 7,000 stocks reduces the Universe to 100 stocks. You click one button to get the list. you can score the stock position daily. You can rank the stock automatically when you see the olumns on the list. Almost anyone can trade PVT. The filter and its criteria have been discussed endlessly. At this point your rays on volume bars in SCT do not even follow the standard color coding. You do not post daily logs (five page standard logs) nor daily charts for intraday SCT trading.
Here is a question about a lateral (bars 66-72) that Jack mentioned in his reply. Even with best will, imagination and de-gaping those bars I would never get a lateral formation (= at least two bars which are in the shadow of the first bar). I could however see it as a lateral movement. Is it that what you mean, Jack? I then also miss bar 73 as part of that "lateral". Maybe here even baro-san or somebody else can help?