Exact Science
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Good question. G situation is a midday situation. Thus we are kept out of market until G condition is met (The PRV @ open exceeds prior lookback peak above DU/VDU value).
G is the n+1 bar and you will exit on n+2 in all likelihood.
When n+2 opens G will take you to H before or after lock in (L) From H you get to "X". At "x" the choices are either J or K for the exit.
Lets say the bar n+1 (G) has a fading PRV and it drops to DU; then exit.
Lets say the n bar was above DU and not above prior peak, If PRV fades relative to the bar n, then you have an intrabar non dom and you exit via H to "X" to J.
the last cases that you keep track of are the n+2 becoming a dom and you are doing hold. This situation can lead to an intrabar IBGS (doji) and you go via M to N and do the test on bar n+2 during the bar. This can be a reversal. If not just follow the fail path.
Coming out of midday can happen slowly with repeated brief trades or the PM at settelement can be fairly robust. The robust situation puts you into an R and S feedback loop through Y. There a "trough" is needed for doing the Nreversal and staying in the market to make the opposite color money that ensues. In the AM this is easy since the day opens @ extrodinary volume. In the PM the route is via C to G and therefore there is no reference "trough". Hence you question and how you are thinking through this cycle 1 algorithm. Using "low" volume as a trough since it is "above" the C conditiion is the natural thing to do.
As a general comment, any person who is a potential trader, at the beginning of anyhing, feels daunted by the way the market operates. The cycle 1 algorithm is designed to make it possible for the potential trade to consider only two things as any time and it a progressive serial manner.
I'm sure most people cannot look at the flow sheet and see its underpinnings. Almost all trading considerations are introducted on the sheet, however. Most peopole will invent their way off the sheet into the CW approach to trading.
One of the most rewarding things for me is watching groups of earnest people get through the first 60 days of trading and emerge as nearly milionaires.
It is sad to see some types of potentially capable people cast aside thinking and rather be "right" than rich.
There are 24 letters. Reading has 26 and little children conquer understanding how to make words and use word to make sentences and paragraphs and books and literate informed lives.
I suppose it is fun to debate the exact science of the markets. Certainly if you measure the markets using the lesser tool, like probability, you cannot harvet the fruits of the market's offer. Markets were not set up to prevent people from takng the offer continually. That was just a decision that was most commonly made.
I ran into Frost at Middlebury. I had to decline being on thier ski team since I was a student at RPI. At least I got to ski free by being on the snow bowl patrol..... sometimes the least travelled road is the better road to travel.
The binary vector based systems are the better choices.
Jack, the following question involves the use of DOM and granularity in order to identify the change between dominant to non-dominant on our trading fractal .
I've observed that price advance in a dominant trend often involves a stalling period on decreased PRV. This would correspond to a B2B2R or a R2R2B on a smaller fractal than the one weâre trading on. It does not necessarily mean that a non-dominant trend has started on our fractal and the dominant trend can continue. How do I negotiate the available tools (S/S, tick, DOM sigma) in order to determine that a non-dominant trend has started on our trading fractal and I need to reverse my position? And how do I use those tools to determine that the dominant trend is continuing and falsify the earlier hypothesis? Due to my experience in trading your methods I can recognize this situation intuitively (what you call sports memory). I find it hard though to formulate a rule set that could be used to identify this situation in an exact manner.
I've observed that price advance in a dominant trend often involves a stalling period on decreased PRV. This would correspond to a B2B2R or a R2R2B on a smaller fractal than the one weâre trading on. It does not necessarily mean that a non-dominant trend has started on our fractal and the dominant trend can continue. How do I negotiate the available tools (S/S, tick, DOM sigma) in order to determine that a non-dominant trend has started on our trading fractal and I need to reverse my position? And how do I use those tools to determine that the dominant trend is continuing and falsify the earlier hypothesis? Due to my experience in trading your methods I can recognize this situation intuitively (what you call sports memory). I find it hard though to formulate a rule set that could be used to identify this situation in an exact manner.
i`m not Jack, but..the only thing that i could suggest is...front run your signals from the higher time frame of your tradable.For e.g., if you use 5Min, then start looking at 10 min entry point, then, from the 5 min frame you have the clue, when to start accumulate...and so forth...
This just begs the question. The same question could then be asked in reference to the 10 minute fractal.
Thanks for the Q.
I've been out of touch. I caught a lift back from China on one of the limo transports. S. Korea was fun too.
This is a 50 contract level question. By cycle 5 you DO have the pattern down cold. See the nutshell pic on cycles 6 thru 10. By assembling the back up (by googling) each of the cycle learning groups, you get to see the order of their applixation.
Futher, in the forum on pics of computer set ups, you see my set pu on screens and you see the chronological order od the glances for coming to the event, carving it, and moving on.
Here is the peel off order:
S/S leads OTR leads DOM wall leads DOM sigma Leads YM leads Volume on ES leads Pric on ES.
You also see the MACD and STOCH are available. This is simply two line theory, i. e., using the relationship (6 combinations) of two lines. Because all of thee lead the trading and there are three charts, the number of leading indicaots od ES price is further amplified. Just splice this order of events of the combos into the above order of events.
When you trade @ a multiple of the ES capacity, then you have to add leading harmonic analysis due to the partial fills problem. Harmonics are best handled on the OTR of YM OTR leading ES OTR. (google my commentary on these aspects of trading which preceded the HVT by literally years).
Nutshell pic attached.