The seven cases are part of this beginner module.
Here the beginner trader or the ATS for this level of trading does the processing indicated.
Are there indicators that help spot breakouts?
- Thread starter crgarcia
- Start date
The seven cases are part of this beginner module.
Here the beginner trader or the ATS for this level of trading does the processing indicated.
A voume module goes along in parallel with the price seven cases
you can see the same logic building block is used for everything in the pool extraction algorithm
you can see the same logic building block is used for everything in the pool extraction algorithm
Once an understanding of applying three points to make a parallelogram is understood using the adjacent bars and "sufficiency", the pbeginner goes to advance beginer and dos the trades shown in this illustration.
you can see in a trending day, the W trade is done on the traverse of the trending channel of the day.
trader666's choice of byzantine mess chart was especially good for bringing this out.
So what is it like for a beginning trader to do annotations of adjacent bars to get tapes and, then use the tapes to get traverses?
It is a routine type of annotating and he does another routine as well called MADA as he fills in a log.
you can see in a trending day, the W trade is done on the traverse of the trending channel of the day.
trader666's choice of byzantine mess chart was especially good for bringing this out.
So what is it like for a beginning trader to do annotations of adjacent bars to get tapes and, then use the tapes to get traverses?
It is a routine type of annotating and he does another routine as well called MADA as he fills in a log.
I want to know the indicators that help spot breakouts "BEFORE" they occur.
T
http://actionpointsta.blogspot.com/
T
http://actionpointsta.blogspot.com/
On the chart just above, there are four traverses (the smaller channels that make up the trading day. They form a W.
They are colored red, blue, red, green. See the BO's of the four as circled in pink with elipses.
BEFORE the BO comes, there is ALWAYS a signal. See the bold pink arrows. Here you see that the signal is several bars AHEAD of the BO. On this day, for an advanced beginner it is at least 20 or 30 minutes.
As you can see you would NOT want to wait for the trend BO because you have a signal BEFORE the BO and you can use the signal to make more money on the trade you are leaving and more money on the trade you would be entering if you used a BREAKOUT STRATEGY for trading.
Say you keep the BREAKOUT STRATEGY and are happy with it. Well then, just take the signal and wait for the price to BREAKOUT of the RTL (the places circled.)
Quote from jack hershey:
On the chart just above, there are four traverses (the smaller channels that make up the trading day. They form a W.
They are colored red, blue, red, green. See the BO's of the four as circled in pink with elipses.
BEFORE the BO comes, there is ALWAYS a signal. See the bold pink arrows. Here you see that the signal is several bars AHEAD of the BO. On this day, for an advanced beginner it is at least 20 or 30 minutes.
As you can see you would NOT want to wait for the trend BO because you have a signal BEFORE the BO and you can use the signal to make more money on the trade you are leaving and more money on the trade you would be entering if you used a BREAKOUT STRATEGY for trading.
Say you keep the BREAKOUT STRATEGY and are happy with it. Well then, just take the signal and wait for the price to BREAKOUT of the RTL (the places circled.)
Here is a detailed look at the signal and the break out for the middle part of the chart
As you can see there is both more money to be made and the trade you are in up to the BREAKOUT is not making any more money.
Meanwhile back at the ranch.
as a beginning trader puts P and V together he is using a P, V module with the following ingredients:
This is where the MODE binary indicator comes from.
It can easily be used in many many trading strategies.
the two binary states are Continue and Change.
Notice that they are orthagonal. many scientific fields use these types of orthagonal relationhships. Two oft mentioned ones are quantum mechanics of quant fame. And the electric and magnetic fields in electrival Engineering. the van Allen belts work this way too and the borialis phenomena is explained through orthagonality
ALWAYS KNOWING WHETHER A TREND IS CONTINUING OR AT AN END EFFECT OF CHANGE INSTEAD OF CONTINUING IS THE MAJOR MAJOR COMFORT PROVIDER OF THE POOL EXTRACTION ALGORITHM.
as a beginning trader puts P and V together he is using a P, V module with the following ingredients:
This is where the MODE binary indicator comes from.
It can easily be used in many many trading strategies.
the two binary states are Continue and Change.
Notice that they are orthagonal. many scientific fields use these types of orthagonal relationhships. Two oft mentioned ones are quantum mechanics of quant fame. And the electric and magnetic fields in electrival Engineering. the van Allen belts work this way too and the borialis phenomena is explained through orthagonality
ALWAYS KNOWING WHETHER A TREND IS CONTINUING OR AT AN END EFFECT OF CHANGE INSTEAD OF CONTINUING IS THE MAJOR MAJOR COMFORT PROVIDER OF THE POOL EXTRACTION ALGORITHM.
The mind has three multipupose operators:
SPATIAL
MOVEMENT
SHAPE
Notice how you drive your car. How you play sports.
notice how you READ.
WORDS APPEAR IN COMPLETE THOUGHTS CALLED SENTENCES.
WORDS HAVE SHAPES DETERMINED BY THEIR LETTERS.
YOU MOVE YOUR EYES OVER PAGES DOING ROWS OF WORDS AND GO DOWN PAGES ROW BY ROW.
Do you want to engage these operators in yet once again a new application??
Here you see the same module (look at shape) with two inputs (look at the spatial arrangement).
One input is how to look at the other input (the top one going down into the module.
Ihe other input is undigested information.
In the module work is done by the mind to produce and output.
What happens if this is done?
Examine your learning to read experience and find out.
By now you know what our OCD friends are going to show you spatially, movementwise and in shapes. they have given youall a drill of repetition which became sufficient to have a long term memory of it.
That is how reading is learned. through repeating reading sessions using the same learning module andnew reading books and papaers and such.
TV did the same thing to you and gave you long term memories of videos. Video games are the same as are all games like checkers and chess.
crayola 101 and 201 and 301 and 401 are the same.
In this thread you have experienced the base modules of the pool extraction algorithm and already you have all the cases upon which the totality of the algorithm is based.
It became a byzantine mess for the casual observer who is printed in his mind with the failure of scoring and, in particular, the P, V relationship. Too bad his mind was built on that tack. SPM's repeated failure built Trader28's miond. susana has gone through five trading strategies commonly used and she is now down to PA with three patterns (3BR and 2 matchers.)
SPATIAL
MOVEMENT
SHAPE
Notice how you drive your car. How you play sports.
notice how you READ.
WORDS APPEAR IN COMPLETE THOUGHTS CALLED SENTENCES.
WORDS HAVE SHAPES DETERMINED BY THEIR LETTERS.
YOU MOVE YOUR EYES OVER PAGES DOING ROWS OF WORDS AND GO DOWN PAGES ROW BY ROW.
Do you want to engage these operators in yet once again a new application??
Here you see the same module (look at shape) with two inputs (look at the spatial arrangement).
One input is how to look at the other input (the top one going down into the module.
Ihe other input is undigested information.
In the module work is done by the mind to produce and output.
What happens if this is done?
Examine your learning to read experience and find out.
By now you know what our OCD friends are going to show you spatially, movementwise and in shapes. they have given youall a drill of repetition which became sufficient to have a long term memory of it.
That is how reading is learned. through repeating reading sessions using the same learning module andnew reading books and papaers and such.
TV did the same thing to you and gave you long term memories of videos. Video games are the same as are all games like checkers and chess.
crayola 101 and 201 and 301 and 401 are the same.
In this thread you have experienced the base modules of the pool extraction algorithm and already you have all the cases upon which the totality of the algorithm is based.
It became a byzantine mess for the casual observer who is printed in his mind with the failure of scoring and, in particular, the P, V relationship. Too bad his mind was built on that tack. SPM's repeated failure built Trader28's miond. susana has gone through five trading strategies commonly used and she is now down to PA with three patterns (3BR and 2 matchers.)
Using trader666's byzantine mess we moved from two trades for the day where a beginner traded trending channels, the coarse part of the sweeps chart with 9 tables.
Then we looked at advanced beginner and saw 5 trades for the day by looking inside the daily trend channel and using the same 1, 2, 3, of annotating the seven adjacent bar cases.
now we go in and drill down another level to do intermediate trading. the same three modules are used by they ae looking into the price action inside the advanced beginner trading.
trading is getting more frequent than trades of long duration (hours so far for each trade).
Here you can see the 3x effect coming into view. Meaning for each prior trade on a lower skill level, now 3 trades minimum are occuring.
We also notice how market pace shifts on the volume rays which delineate the various paces. A pace change affects the annotating of the price envelopes.
Here five trades on the lower level shown before have become 16 trades. I super imposed the levels.
You may also notice that the volume swings fit together with the price swings in a fixed ratio.
Then we looked at advanced beginner and saw 5 trades for the day by looking inside the daily trend channel and using the same 1, 2, 3, of annotating the seven adjacent bar cases.
now we go in and drill down another level to do intermediate trading. the same three modules are used by they ae looking into the price action inside the advanced beginner trading.
trading is getting more frequent than trades of long duration (hours so far for each trade).
Here you can see the 3x effect coming into view. Meaning for each prior trade on a lower skill level, now 3 trades minimum are occuring.
We also notice how market pace shifts on the volume rays which delineate the various paces. A pace change affects the annotating of the price envelopes.
Here five trades on the lower level shown before have become 16 trades. I super imposed the levels.
You may also notice that the volume swings fit together with the price swings in a fixed ratio.