Quote from mcdull:
Hi Jack,
I couldn't find much information on that Volatility, Overlap vs Volume Pace matrix. The only way I interpret them is near FTT, bar volatility decrease and overlap increase, given a particular volume. i.e. bar volatility smaller than the mean in the Volatility matrix, bar overlap value (compared with the previous bar) larger than the mean in the Overlap matrix. Am I correct? Did I miss anything?
OKAY GOOD WORK.
Reread my comments on the stitch and my commoents on the four zones that lead to thoroughness.
Pause.
there is little public info on these two when considering the VOLUME CONTXT. Elsewhere you can find five volatility estimatos and their pro's and cons. If you review these you see the contemporary blocks and stoppers for getting down to critical thinking. Examine how high the "HOPE aspect of trying to become a potential trader can get. Wrong math and wrong orientation (PREDICTION is easy when using advanced math that applied to a world of other non kindred workings like market workings. DEAD END.
What turns out to be the magic here? It is there bold and clear and yet unseen.
you found the mean (and mode) of the different paces (horizontally) and with respect to over lap or volatility (vertically). you find the gaussian distributiion is IN EFFECT both verticallyand horizontally. Now bring this to bear.
Look at the formation of bars and examine the relationship of the degrees of freedom you now have names for. You get to see how trending strats and stops during the formation of bars. How does this weigh in as to making money. You find money is being made or it is pausing. AND you find out that there is a time in formation of bars when the other consideration apprears: not making money.
here is where you discover onece and for all and finally that beginnings and endings are not at arbitrarily determined bar oopens or closes. Where are they? they are obviously at bar ectremes found during the formations of bars.
Do you want to know at the beginning of a bar when during the bar there will be an event? I hope so.
MEET the MEAT right here and now. this is where you make the single greatest improvement in effectiveness and efficiency.
I know these postsa are tough to take when you then understand the houndreds and thousands of hours wastd going out on limbd as opposed to climbing the stem of the tree. Just get over your wasted time spent in non critical thinking. Say to yourself that you promise to begin to only think critically in the future. There is one caveat; a lot of people get to discover that they cannot go forwaed because of the plethora of myths that they have incorporated in their thinking consequences. the landscape here is paved with the walking dead.
We posted the matrices on this stuff years and years ago. MAX can be googled.
today in exact science we have examined the many themes now on the table leading to the drilling down of this exact science. It is good to know for anyone that the pioneering has been done and the drill down has been completed all the way to the granularity of the markets. It is just plain good to be able to reflect on the writings of people who have successfully taken the trip. you also get to determine a more frefined critical sense for reading other writings. I do not spenf time corecting those who are out on a limb. they chose to go there.
Here is an example: A guy research for 8 grueling years. He doesn't get a clue. his publisher published him because he is a name dropper of others who didn't do the job but are well known for whatever they did.
Fast forward. we throw the pattern over to him and instruct him in how to drop trend following and adopt monitoring and analysius of trends in the Present. 8 grueling years of work and he nets out to calling the pattern "gibberish". his judgment is impared by the eight years of walking out on the wrong limb and reacing the trend following dead end. Don't make that trip as well. stay on the stem of the tree and work your way to the peak by drilling down into all the degrees of freedom of measuring markets performance. Make your trading performance match the market's continuing offer.
One of wich represents The Leo sign wich, by turn, reflects the 4 Elliot waves, and the other - The Taurus wich reflects the last 5th (distribution)Elliot wave