Here’s a start -

Price is the dependent variable of the independent variable volume.

The market’s system of operation follows a sequence of events.

The sequence of events unfolds in a fractal branching pattern.

The basic grandularity of the market’s price action is a finite permutation of 10 unique price cases and 11 volume elements. These combine to create 56 posssible unique price and volume combinations.

The market is fractal with symmetry. The basic pattern is composed of two interlocking yet opposite price trends.

The beginning of the next trend is contained within the present trend. The present trend began in the prior trend.

Trends are composed of at least three alternating trend segments.

This can be coupled to the three moves of a trend.

A trend begins with coherent price direction with increasing volume - this is known as Dominance. The next segment is a non- Dominant retrace of price with decreasing volume. The third segment is a return to Dominance with increasing volume.

This pattern can be observed in a single bar or clusters of bars contained within each segment.

Trends can be interrupted or progress to completion.

The market operates in an orderly manner to provide opportunity to fulfill the needs of all market participants. We know this because all participation is voluntary.

There is no noise, anomalies nor flaws in the market’s system of operation.

Many would refute the above collection of statements as not true which points to the math most appropriate to understand market dynamics, participant sentiment and orderflow.

The math of the markets operate on Boolean algebra with a bias toward negative logic.

In other words, one can know a thing by knowing what it is not.

All the above are observable and definable concepts with the ability to be tested as a True or False condition.

Testing follows the form; If,... then,...

Solutions exists outside the domains of the problem and require a different perspective to be perceivable.

What separates the two is the engagement of purposeful learning through work

Two broad classification of traders would be the informed and the un-informed. Another is the profitable and un-profitable.

Two polar extremes are defined - the informed and profitable engage the un-informed and un-profitable whenever the former wants to trade. The former only trades when it’s profitable, they are aware of fundamental values that the latter is not. Their trading is informative. The latter being un-profitable engages in trades when prices are not informative, thereby being un-informed.

Fundamental values are not well-known, if they were there would be no profitable trades since everyone would know the fundamental fair value.

Fair value and market value are not the same.

.