Getting down and dirty is where the rubber meets the road ...
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I'll restore them and post the chart later.Jack,
Here is a K200 5 minute chart for Friday April23.
Chart is clean with only internals annotated. This can be annotated for the evening open.
Here is a K200 5 minute chart for Friday April23.
Chart is clean with only internals annotated. This can be annotated for the evening open.
Quote from charts:
I guess you can use a 2 minute K200 to optimize entries / reversals / exits, ... and holds too
Going to finer fractals on the aame index is not advantageous. See "freakout trading".
Comparing the cash to the index is most fruitful.
Another trading essential is using leading indicators of the index.
Doing cycles of a routine (MADA in this case) assures a "sufficient" binary vector data set.
Intrafractal moves each have three parts (two dominant and one non dominant). Trding to make money carving turns involves the "completion"aspect of nested fractals. This provides the core understanding for taking the market's offer as it is made. Volume leads price and this is very informayive regarding taking multiples of the daily ATR.
As each additional multiple is attained it is a consequence of putting pieces together rather than just changing what is viewed.
For a trader to become expert, he has to have a differentiated mind. Fully annotating 10 days and degapping the carryover allows nested fractals to exhibit the order of events on all fractals of the market. On each of these nested fractas the pattern is completed.
As a trader shifts to trading fasater fractals, he also gains greater multiples of the ATR of the market. Carving turns is telegraphed before the action of reversing.
It is very tough for a person to move away from the CW and OODA. You see people here slogging for years to get to a placejust past BE or just making 100K a year after many years. Mutuals and hedge funds do not make much money based upon their capital. THey use stats and CW and OODA which is "betting" through induction. To eliminate this oreintation is a problem most people cannot succeed is overcoming.
Timing each trade comes down to anticipating the order of events.. In binary vector terms it is an either or decision. there is never any question when choosing one thing or another each sweep of the MADA routine.
Thanks Jack. I was suggesting trading the 5 minute chart while annotating the 2 minute chart too, only to better see the dom / non-dom /dom moves of the first observable fractal on the 5 minute chart, and to better time the trades ... (?).
Would you please mark on the chart you've already annotated where would you take each of the trades for beginner (one short, one long, one short), then for the next level (assuming no other tools than the 5 minute chart)? I assume that when the green line is broken (what wasn't that) a few tics are lost ... (?).
I'll take you through this slowly.
For example, I will name a bar and a member of the fintie set of Analysis A of mada I will name its one to one corresponding member from the finite set of M of mada.
You are asking how I trade an instrument. You have reasons and they probably have to do with making money. The attached is a structure for compiling all my posts form any archive in which they are found. I am responding to you in the part IV Making Money area and in particular the A rules section for analysis.
Roughly speaking, there are two items involved for trading successfully: H1 and H2. It is so simple, it eludes most people. It is NOT like the GS "betting" systems we are hearing about on cspan. GS did S and M and has now turned to "trading" to make money via S and M.
The retail trader has endless advantages for making money.
Most of Mr Black's annotated posts are the same as you will see here.
Here is an illustration of the beginning of the day.
as you see there are 9 members of M showing in 10 events.
In analysis the one to one correspondence is illustrated. this never changes and is a part of the mnd's inference.
we put all of those things in french fry's mind when he did all the drills he asked for to be able to grow his inference. the inference organizes as he sleeeps by having his unconscious sensing join wityh his conscious snsing and inference. This sums up to a great deal of long tern memory under the headings associated with three of the mind's operators: spatial, patterns and movement. These are the same as for driv8ing a car.
At the end of bar one about 1.5 times the daily range (H-L) has been either realized or is in a trade not realized as yet.
notice how closure of the routine is reached frequently and that I know that I know.
You see an entry and a reversal based upon MADA rules. Depending upon expertise (as defined as the mind's level odf differntiation), more or less money is made.
A trade is made on an ftt and a point 2. As you see you may be annotating these points as a consequence of doing the work of part I Market. You platform gave you the yellow of the OB which has two points on the bar (at either end).
As you see there is no critical thinking involved. What is involved is doing a routine. Everything on the display is done as the routine is done.
when I first came to ET, I posted a print of a day with 17 trades. It was quickly determined tat it was "photoshopped" by a person who, apparently, is very discerning and can see more than an ordinary person. I remember when he blew up a few decembers ago.
Later, I posted prints from an IB account to show how opening trades worked in the market place. The timing they provided is the same as the events in the illustration shown where the two behavioral actions took place.
H1 dictates "continuation".
H2 dictates "change".
To traders, these words are the results of Analysis of a M member (element) of a finite set. In ATS's these things are known as "look ups" or records.
Money is made during continuation and profit segments are taken during change. During change two trading actions are taken by a behavioral action.
On some platforms reversals are able to be sent to the IB; on some platforms a reversal is done by using double the contracts on the "exit" since that complete going flat and also puts the person on the opposite side of the market.
this thread was set up to understand k200 could be traded using PEP and its application SCT. Reduke did not want trading aspects in his thread (or at least not PEP and SCT). There you had asked about the trades of k200 and your request was not welcome.
This is how trading k200 is for me using MADA to apply SCT. SCT means Seamless Continuous Trading and it is based on two hypotheses.
Why not take the opening price and go long to the ftt coming up? As you see it is easay to do since you carryover the container inwhich the ftt will be appearing.
as you see there are 9 members of M showing in 10 events.
In analysis the one to one correspondence is illustrated. this never changes and is a part of the mnd's inference.
we put all of those things in french fry's mind when he did all the drills he asked for to be able to grow his inference. the inference organizes as he sleeeps by having his unconscious sensing join wityh his conscious snsing and inference. This sums up to a great deal of long tern memory under the headings associated with three of the mind's operators: spatial, patterns and movement. These are the same as for driv8ing a car.
At the end of bar one about 1.5 times the daily range (H-L) has been either realized or is in a trade not realized as yet.
notice how closure of the routine is reached frequently and that I know that I know.
You see an entry and a reversal based upon MADA rules. Depending upon expertise (as defined as the mind's level odf differntiation), more or less money is made.
A trade is made on an ftt and a point 2. As you see you may be annotating these points as a consequence of doing the work of part I Market. You platform gave you the yellow of the OB which has two points on the bar (at either end).
As you see there is no critical thinking involved. What is involved is doing a routine. Everything on the display is done as the routine is done.
when I first came to ET, I posted a print of a day with 17 trades. It was quickly determined tat it was "photoshopped" by a person who, apparently, is very discerning and can see more than an ordinary person. I remember when he blew up a few decembers ago.
Later, I posted prints from an IB account to show how opening trades worked in the market place. The timing they provided is the same as the events in the illustration shown where the two behavioral actions took place.
H1 dictates "continuation".
H2 dictates "change".
To traders, these words are the results of Analysis of a M member (element) of a finite set. In ATS's these things are known as "look ups" or records.
Money is made during continuation and profit segments are taken during change. During change two trading actions are taken by a behavioral action.
On some platforms reversals are able to be sent to the IB; on some platforms a reversal is done by using double the contracts on the "exit" since that complete going flat and also puts the person on the opposite side of the market.
this thread was set up to understand k200 could be traded using PEP and its application SCT. Reduke did not want trading aspects in his thread (or at least not PEP and SCT). There you had asked about the trades of k200 and your request was not welcome.
This is how trading k200 is for me using MADA to apply SCT. SCT means Seamless Continuous Trading and it is based on two hypotheses.
Why not take the opening price and go long to the ftt coming up? As you see it is easay to do since you carryover the container inwhich the ftt will be appearing.