Acknowledgement that you've played this "show me" game in the past and when someone or a few did, you still declared their results luck. Or.....proving that WRB is mistaken and that this DID NOT happen.
Thanks for all you work and questions. I can see you are working hard and your effectiveness and efficiency will improve. Laterals are tough to deal with and you do need to log. Years ago I suggested that logging was messy, but it is also spectaculalarly informative to others. thank you for using Excel to make a log. It ttok me about a month to learn how the markets worked and I only had the WSJ on a daily basis. From day one I made money by just placing orders and taking profits in position trading. In PEP and its apps, PVT SCT and SSR, you get to see two fully developed systems working side by side. PVT only has a few perfectly integrated rules. The catenary gives you the list of cummulative volume. The table explians every 30 minutes that you know you know. Someone did the calc from the print that PVT for beginners makes about 1000% a year. My thanks to him. As you say, you do not know how to count bars in a lateral even if you have a chart that is annotated and a log that is filled in. this means you need to concentrate and work harder. the first bar of a lateral is bar1 of the lateral. the following bars are counted in the deecimal order of the digits in the decimal system. I adopted the digits and the decimal system since it is used all over the world and in space. Do you see the horizontal line that intersects a bar that is the BO of the lateral? You posted the chart and the log together. they correspond to each other. All the volume categories have rules accociated with their definitions. If you look in your 3 ring binder you find the T2F page is still clean and not filled in. In RDBMS's bars are compared. To do this definitions of the relative values must be in a 3 ring binder or in a table for doing SQL as a language. there are 24 tables in my SQL tables 3-ring binder. they are typed and all the relations of adjacent bars are spelled out preciely. All you are doing is making several 3-ring binders where you look up stuff. take out your "glossary" 3-ring binder. Go to the L's section. See the page with the 3by 5 pasted on it for the efinition of a lateral. Add the line: count laterals using the order of the digits in the base 10 system. The bar that casts the shadow horizontally is assigned digit 1. volume is what we are using to make money to the tune of the full offer of the market. Put the important words in your glossary 3-ring binder. you are doing what learnering readers do. they build dictionaries through actually making them or making them in their minds through repititiion. here is your status: You are going to use your log to make sure you can ID bars, tend moves and do hold and reversal trading from bar 1 to bar 78 every day. you will have to do 81 rows in a log and you will use up ruby erasers very rapidly. my log is correct. My annotations on the chart start start at the correct point. You are now behind about 729 bars and about 45 pages of logging and about 36 pages of annotated charts. So lets skip that work and post your logs this week beginning Monday as you write them down. A F2F is like a T1 in definition. Copy your TI definition on the T2F page and erase the T1's and put T2F in their places. Post scans of both pages. If you work in French post the French version. the order of events is on the Pattern for the PVT. The spaces on your log that are still numbered will be filled in by you when you need them. Put the definition of the two logic boxes in your glossary. If and when you have 2 or more T2P's or T2F's, then you will begin to use the logic theory of Carnap. What we see is that stock trading is making 1000% a year as calculated by someone for some reason. SCT trades the ES and about 60 other markets in a leveraged way. so the 1000% a year is peanuts. to fill in the columns 3 and four, put in the second output of the AND and the OR boxes. One is Not T2P and the other is Not T2F. you may be able to figure out the 5 and 6 column. They are the columns 3 and 4 invertedrespectively. In logic, inversions take place. the markets are very counterintuitive. You have somequickies to look up. You also have some regularly occring trend ending to sort out.
From your posts you mention a lot of things. they tell me you do not know the volume category test procedure. I mentioned the parts of it by numbering them. I also said I would put the path of the volume category on the log for you. The path begins, as I mentioned to you, with a blob. the blob could be called a dot or a filled in circle. It is a writing gesture that gets the ink on my feather quill to begin to flow. then I scribe into my thinking process following the three parts of the volume category test procedure. Think of this as SQL insructions to use tables in the RDBMS look up system but I am using a feather quill to keep pace with you. If you see an arrow stop above a single cell, you are looking at a REPEATER. Note the same volume categy is entered in the event column. This was an easy money making hold. the logging was easy the chart annotating was easy. except for the fact that it has never been done before. i have many systems that make a lot of money every day using TA. I always annotate and I always log what ever system I invented I am using. when I had to go forward on the logging, I subscripted each test I got an answer for. sometimes a test is blocked. there is a deductive reason. you can see I have a new ignorer. the person who found out one of my beginners was making a 1000% a year ROI labelled me with a symbol: FOS. See, he is beginning to think in symbolic logic. Rereview, quill in hand, my log and make the connections to the volume category test procedure and the symbolism I used to guide you. Deepen your work and thinking. foolw the arrows that begin with a blob. Note the entries made as the arrow follows it course. Note that I led you to have to fill in the subscripts at the lower part of the log. for those who know about symbolism and its perfection read both volume of Tofte. i will start using page references at some point. Mind building starts very slowly if it is able to begin. When it isn't, it is not about a spinning ballerina. It is about how neuroscience works and not finger RDBMS's. LOLO..... we will start with Doidge in neuroscience. there is a guy who says he has an MA in psychology. do you see the screw up? lol.... Please be messy tomorrow. It will show how your mind is differentiated. then we fill in the weaker regions and you are rich.
Yes, and JCP is 24.10. I know that price drivers don't have exits, blah blah blah, but traders do. What is your game plan here surf as far as a stop loss. Being short from 23.50 from Aug 10th or so am curios YOUR strategy for taking a loss if need be. Do you have a predetermined price, perhaps a level on a chart ) ). What's your plan sir? To me, if it crosses 24.60 it looks like 28.35 or so is next stop. Just my 2 cents. Attached is chart.
Doubt Edwards & Magee not even speaking of earlier authors who wrote about TA were sponsored by FX dealers.
Two other l-words besides "luck" come to mind with surf's insistence of openly declared and profitable TA being the only thing he'll accept: "lazy" and "leech".