The sideways is probably better for mental cohesiveness. I remember the transition form EOD data and trading to the first real time data collecting opportunities. I went to a retrieval system that took about 5 data point during the day and I noted the 16 cell Jokari paths on stocks at that time. A printed a blank 11 by 17 to get under way and then I glued on additional pieces as required. the folds every 17 inches alond the charts meaned that they got several feet long after a while and some got quite tall as well. 3M had taps then so I used them for my positions on the charts and on a wall in a hallway. Oppostie my hall wall was a 4x8 gizmo with a shelf. I printed 30 some listed and put them in this three level rack. A did add and deletes in four colors. My limit to stay amateur was 15 accounts so I had a fifteen page printout daily of all the trade distributions in those accounts. I "bunch" traded so I never knew who would get a small benefit as the partial fills went through. I probably can't explain how doing this for over 50 years affects what you mind is capable of. I do remember my intial appraisal of a stock making it into my niverse was about seven pages long. At that time printers had two widths and each printer had punched holes for guiding. The sheets all came through by rising out of a box on the floor and zigzagging into a collection place. Osmosis probably describes my mind building. I like this thread since mostly everyone doesn't see all the obvious things. I am glad you are seeing the market as an unfolding process and you see how recording each status point as a slice keeps the Order Of Events sooo crystal clear. Discarding time and adopting rigidly interelated events is such a pure transition to reality. I'm personally going through a physiological transition. I am monitored during my sleep. The classification of events is by their duration. Two main categories: over three minutes and under three minutes. the machine tabs the long ones and can tab up to 40 shorter ones in detail.... lol ... thats the way it is. I'm crusing at 17 to 20 longer ones a night and I shfted from over 40 to just 27 of the shorter ones. When I am in an event my pipes tend to collapse and the correction is to try to start breathing by beathing in and tighten the collapsed stuff. So I am going to get another machine to keep me pumped up and under pressure after they look at me long enough (medical liabilities, you know). I'm using four second chart data points for both cardiac and pulminary; they really synchronize, P leads C and if P is longer my C can double once the O-2 become available again. I get to have a device that makes the durations disappear and then my cardiac MLR becomes very consistent. So I am going to chack with the power company on their services reliability and hook up a computer powerfailure backup just in case. (just joking.. the power company here is always screwed up by HVAC problems) The switch to hold/reverse form entry/exit depends mostly on your realizing that volume leads price and the carving of profit segments is in the window the two variables create. In this thread you can see discussions and beliefs that realte to failures and consequencesand losses and such. those facetrs are not part of taking the market's offer as the market gives you the leading tells of the Order Of Events. Here you see posters who are fully entranced by the gamber's orientation of John Boyd and his CW fable called OODA. With three faster fractals alwaysavailable and their pure systemmic OOE, you are just watching the inimitabilty of the interlocking order of events unfold. You write the events in the columns of your log. Doing five cycles of the log for practice in a session is a real mind sharpener. Most learners are screwed as TO pointed out. They run out of time before their minds get built using the interlocking Order Of Events. One of their additional problems, is that they are not having a remotely purposeful ecperience in the first place. You are and you are "putting the pieces together". Your mind is now taking over the job of scheduling its growth through the questions that are raised as you annotate and record the interlocking order of events on at least three fractals. Congratulations. Macattack is not going to read rhis post. He is focussed on not reading gibberish. So is Covel. It is so cool how those who will not do the work don't get the consequences of doing the work.
I guess it is easy to doubt, even ridicule, what we don't understand, i try hard not to fall into that trap, not just in trading but in all aspects of life. However it is very hard to adhere to that rule with some posters.
I know that you charted by hand before the PC age...my training is as an Architect, probably the last generation that went through school drawing by hand, and I drew many many lines (miles? hundreds of them? thousands? on Vellum, with a rapidograph...erasing was a bitch, you had to do it with a razor blade and then a soft eraser, then use graphite before you redrew the line...)...I use the computer now, it's nice, but there is something about the hand-eye coordination that makes you see things (your "osmosis")... I can actually observe it with kids that come out of school now and were raised purely on the machine: many of them can't draw. And if you can't draw, you don't develop a feel for proportion etc. "Grinding it out" teaches the brain I think. The old guys that charted by hand probably learned certain things by doing it manually better than by staring into a computer. That can become like just more TV- your eyes are open but you don't see... I really hope your medical condition is not as uncomfortable as it sounds (something like sleep apnea?) and wish you the best recovery ! best,
Ha...that was me thinking it was the FTT in RT but not being 100% sure I did not pretty up this chart before posting it.... Stall is what it sounds like...a pause in directional movement. Search ET for flaws or stall under Spydertrader... hth
In the placement of the horizontal lines, is the idea that recent levels tend to form in roughly equal price bands, possibly revealing the buying and selling campaign of the major players over a period of time. TE used to draw levels on charts and also diagonal lines that looked like measured moves but there was no explanation as I recall. Trend lines were never drawn however. I notice that RN drew trend lines recently and I also draw them as it would seem foolish to ignore such obvious features. I've looked at various discussions about trend lines but I've never really been convinced that they are valid or represent anything real, maybe they are just artifacts of the way we think in that we tend to assign significance to linear features. In fact I suspect that if the time scale was transformed in some nonlinear way then the existing trend lines would vanish and new ones would possibly appear. I'd like to know if you have any belief in using trend lines or not. On another note, I just read the MATRIX thread and was none the wiser what it was about - a cube with diagonals opposing in direction for opposite faces, but then I've never studied GANN. It was interesting to read what elite34s was saying, especially how it was being said. Certain characteristic phrases and combinations of words were already familiar to me - small world isn't it!