This is a great post. The original complete is a great post.
Thanks Jack
Getting down and dirty is where the rubber meets the road ...
- Thread starter charts
- Start date
This is a great post. The original complete is a great post.
Thanks Jack
critique.
ftt's and FTT's are not getting done successfully in many places on these charts. I beleive there is a consequence: A person has to waita while to see if things are working correctly. this can generate "feelings". The feelings switch from MADA feelings to OODA feelings inmy opinion. It is like going from trading under certainty to trading under "betting".
We need to resolve this in a way that has good financial consequences. Here is the plan for dealing with the combo of earnest learning and growing wealth concurrently.
My preference is to move to reversal tradin ASAP and to also have an attitude that incurring losses is not part of learning to trade. Two drills come into play.
drills
1. Do reversals at FTT's. You have a trading fractal: trade it using FTT's and reverse to take profits and begin the next trading fractal. treat all FTT's on the trading fractal as POINT 1'S (The BEGINNING of a Hold.)
2. Sideline if you do not know what is going on. Always bbokmark in green with a horizontal line to show the current parallelogram limitation beginning at point 1 of the trading fractal. If you are approaching a green bookmark after point 2 of the trading fractal, take a small profit by sidelining. here you are learning to make money from two volume moves to get to point2 and one volume move to get to point 3 and one volume move to get to end of the Hold of the trading fractal. either you are "sweating out" volume moves or you are finding support and comfort in the "order of events" of the pattern unfolding. BY sidelining with small profits when you cannot go through the P to T to P in a parallelogram that is on its "limit", you learn to nail the fast fractal three moves within the point 2 to point 3 trading fractal move. as time passes you get to see that, specifically the second move of the fast fractal is where you also reaching a limit on a finer fractal.
Summary.
What will happen is that the opening trade will be entered using carryover parallelograms and money will be made AND a reversal on point 1 of the new trading fractal will be a successful reversal. Then you bear down to do MADA, the log and get in a second profit taking as the miiday part of the catenary gets under way. In this period before the PM settlement of mutual funds, etc, shows up you get to focus on learning to do thorough annotation. You have handy your old drill sheet on the complete cycling of the order of events that interlocked the three nested fractals.
Here is where during midday the "latral" case often comes into play. within laterals you "see" dominance and non dominance and you are looking at a parallelogram that is "horizontal", a case that is one of the cases we use and which from the library has its own boxing and background color. This IS a sub observational context of the fast fractal during volumne PACEs where you saw by drills and the 3D Excel the gaussian distributions tied to PACE delineations. Imagine yourself as a jet engine mechanic and you are remembering the training you when through to be able to have a license to step up to a real engine and make sure periodic maintenance was right on the mark. If you goofed off in training drills, here is where your skipping things because you were too smart to do the work gets you putting flight passengers at risk (flight passengers are the profits you are using for trading).
we are gong to learn to annotate thoroughly at some point. Follow the rules of M of MADA to annotate; do not use any short cut inductive inventions any more. the reason is that they do not work. do not put tape on a hardball that is to be used in our ballpark. Give the ball to the nearest wastebasket to keep it from falling over when the crowd roars.
This is a zoom in section of the daily I keep off to the side. Not a well annotated chart ( very poorly annotated, my apology )just a simple thing, but that drop looks wild on this image.
edit: there is only volume from recent contract here, again just a close up
edit: there is only volume from recent contract here, again just a close up
Lets look at starting a day.
There has to be a point 1 in play on each carry over fractal.
It is subject to the degapping that you do.
you handle this by putting the opening bar within the three boundaries of the three fractals and proceed from there.
I have posted several prints that fullly illustrate just how long it takes to be in the market and on the correct side of the market that sum up the partial fills to put myself in the market.
the market opens and on the trading fractal a postiion is held to get to the point 1 of the next trading fractal pattern. The reversal takes place then.
It is very clear that a bookmark is pertinent for each of the point 1's that are in play.
It is perfectly alright for anyone learning to recognize that doing a drill or drills at the open may be more important than "getting in the market" promptly. We all know how to use a compound interest calculator and we all know what the market offers and that it offers all the time.
It is, therefore, inevitable that a trained trader is going to become wealthy and getting the mind built is the name of the game. Anyone can learn to trade successfully. It is just a personal decision and a commitment to being earnest in the process.
When you have "continuation" from Analysis matching with M's data set, you are Entering and in Hold on the open on the trading fractal. there are three nested envelopes and you are, in the Present, doing MADA.
Today acceleration, shows us how you can get to an ftt (and FTT's) by completing the adjustment of the parallelograms.
There has to be a point 1 in play on each carry over fractal.
It is subject to the degapping that you do.
you handle this by putting the opening bar within the three boundaries of the three fractals and proceed from there.
I have posted several prints that fullly illustrate just how long it takes to be in the market and on the correct side of the market that sum up the partial fills to put myself in the market.
the market opens and on the trading fractal a postiion is held to get to the point 1 of the next trading fractal pattern. The reversal takes place then.
It is very clear that a bookmark is pertinent for each of the point 1's that are in play.
It is perfectly alright for anyone learning to recognize that doing a drill or drills at the open may be more important than "getting in the market" promptly. We all know how to use a compound interest calculator and we all know what the market offers and that it offers all the time.
It is, therefore, inevitable that a trained trader is going to become wealthy and getting the mind built is the name of the game. Anyone can learn to trade successfully. It is just a personal decision and a commitment to being earnest in the process.
When you have "continuation" from Analysis matching with M's data set, you are Entering and in Hold on the open on the trading fractal. there are three nested envelopes and you are, in the Present, doing MADA.
Today acceleration, shows us how you can get to an ftt (and FTT's) by completing the adjustment of the parallelograms.
ES Monthly Chart so far
My understanding is that fast fractals are the containers that form by grouping adjacent bars using the 10 cases. We fan the rtl as we encounter internals. When price creates an ftt and then closes outside the fast fractal rtl with a translating bar we construct a new fast fractal from 2 or more bars. When price closes outside this second fast fractal with a translating bar then the second fast fractal is complete, we have pt 3 of our Trading Fractal and we can draw our Trading Fractal RTL and the third fast fractal is constructed. Likewise, when we have two Trading Fractals and begin the third, we can draw the RTL of the Slow Fractal.
Is this correct?
Can you please highlight where I have incorrectly annotated ftts and FTTs and explain why?
Thanks
THe approach I recommend is a deductive one based on a paradigm (PEP), its applications (PVT, SCT and SSR) and a routine (MADA). The key to learning is to use the pattern for mind building (drills technique)which shows the manifestation of PEP and its applications.
Your comment above may fit into the M of MADA and particularly it focuses on Price as it is used in M of MADA.
In this thread we suggested printing posts and cut and pasting them into a heirarchy of topics that would be under four parts: I Market, II Trader, III carry over, and IV making Money.
I suggested beginning with 10 days of P,V charts and doing the P, V annotations under a sub topic of MADA's M which is part IV Making money oriented AND part I market oriented.
We use the word parallelogram in place of container. Parallelograms form by using a geometric rule (not grouping cases) whereby the right trend line is formed ASAP (using pt2 1 and 3) and then the left trend line is cloned into place using pt 2. Some platforms automate spraying around the pt 1,2, 3 as a click click click.
ASAP is qualified with a treatment for cases that are two bar combos; a phantom bar is composed so it has an OHLC character.
After that the parallelogram for price is complimented by the volume part of the pattern with the understanding that volume leads price.
After point 3, a parallelogram can be iteratively refined in three ways: speeding up the slope of the rtl (ve acceleration). expansion Continuing the parallelogram by haiving it operate as is over more bars., and slowing the rtl's slope (fanning. All three of these efforts have rules for dealing with what is going on.
The pattern has a defined ending after point 3 and the three iterative refinements are part of dealing with the end effects. Any trip across the parallelogram on dominant volume after point 3 prolongs the parallelogram if and only if the volume doniates and price responds to "traverse". A signal is generated when volume no longer "pushes" price to a better place in the traverse. This occurance is an ftt.
The measure is taken either crudely or by drilling down sufficiently to the granularity of the market. Trading to make money is a pragmatic function and this thread is devoted to building the interlock between MADA and making money.
Thus while trading on any fractal, a trader HAS TO FOLLOW the next faster fractal to be able anticipate carving the turn by reversing.
Thus the green line bookmark at each point 1 on each fractal. What is it like to be able to bookmark appropriate point 1's?
As you see above I laid back on a full treatment of volume's job in the "continuation" from point to point of the building of the parallelogram. I also laid back on the "change" that occurs for the advent of point after point.
I am going to stick with the topic of trading to make money by using a trading fractal and a faster than the trading fractal.
When you log and ftt and and FTT concurrently, you hit T and you put in the bookmark where you did the reversal. We will now work down to more detail and work up to the next fractal shell surrounding the trading fractal.
On the charts I referenced there are some short comings which need to be discontinued. They are all past stated drills, etc. A trader needs context to trade effectively. Most of that is missing. For example, Spyder stepped in to provide instructions on a supported platform where some cases were fouled up. Several clicks later they were in place and we moved forward. This is just putting the platform library to work. If there is no library, then you create the library components and get them working for you. ET has a thread that has fixes for most upgraing of standard fare of platform providers.
The point 1 drifts into history and the parallelograms have rightvertical boundaries on NOW. Non stationarity is thus defined and the fractal made up of the trading fractal moves is an outer parallelogram. All parallelograms in this nesting are subject to interative refinement.
In the first chart of the four, there was an FTT trading fractal(TF1) error by bar 6 of the day.
The trader moved into the market on the unlabeled stitch black of the open and he reversedl short on the unmarkehed trading fractal FTT on the top of bar 6.
As the trader thinks and does MADA he knows the next elements in the order of events.
A lot of things are missing on the chart, so there is no real context. Having a slow fractal (SF) context would help.
Learning is one attention aspect and trading is another trading aspect. Through meditation, the heart and mind are able to deal on the three integrated levels of life: awareness, love and compassion, and wisdom. The mind has an attentionspan of three to five seconds for most. Thus the mind is a blah blah blah and yada da, yah da, yah da "monkye mind at best. It has to be given jobs to do so that the trader is in charge and not saying "yessir" or "go away" to the monkey mind. To avoid either, you give your monkey mind part time jobs (3 to 5 second jobs) so you are in charge of the blah and yada da stuff and you can mentally have awareness at least.
the three fractal lines are awareness lines and FTT on bar 6 is an awareness of the trading fractal.
showing we see the mind's inattention for quite a while during an unannotated short position where two internals follow one after another FTP and Stitch red) Annotations show long FF nothing and long FF. FF means Fast Fractal.
Here the trader trading the TF reverses long because by iterative refinement he has an awareness of accomodating the long TF parallelogram as WMCN is a NEW FTT on a long FF and a long TF.
This is a 25 minute (roughly) event to get to a ftt and a NEW FTT.
So for the asdvanced beginner, the day begins and stays on the trading fractal with an open entry based on three carry over boundaries all gap adjusted. A reversal on an FTT of the TF and a reversal on an interative refinement and going to a WMCN Neww FTT to reverse short.
How you get to awareness is to assign part time jobs to your monkey mind and keep doing MADA with awareness so you can learn by repeated drills and trade by following the dicctates of the market on the fractal you have chosen.
TF1 puts our awareness to work on the bar 78 (degapped) green book mark as we leave bar 12 short trading TF2 and looking for the FF three moves which do not violate either green bookmark from bar 12 or bar 78 on the TF levels. Both book marks are missing. There is no FF, TF and SF volume annotations nor volume PACE annotations.
There is a trading reversal long on bar 12 the unlabeled ftt and FTT.
Are we inside or outside of the prior SF short? The way to find out is to look at the degapped SF short RTL.
If we got out it was by having a point 2 according to CP4.
On some bars ahead we see ftt's on parallelogram boundaries and on ve's. This is no a possibility in our M of MADA rules.
Generally, it is possible by going bar by bar to set forth the rulle needed where an error is occuring. My alternative is to try to provide a cogent set of comments that allow a person the go along with me and do what is needed on his three ring composite to bettr and better cut and paste in more and more detail as needed to get to going forward correctly.
What I did to get underway here, was review four charts and figure out how to correct tha problems by using as few drills as possible to get two things happening: lerning and trading.
learning is by drills and trading is by awareness as a consequence of MADA.
In any application, if you make a mistake, then you correct it by taking small profits and continuing on.
Here you saw a reversal on an unannotated FTT of TF!. That is the best that you can do. subsequently on an unannotated internal we fanned and reversed to go to the NEW FTT. This was a small profit and another small profit was taken as we reversed on the NEW FTT.
the monkey mind we keep working on jobs we assign to it that are not part of learning or trading. we just need that monkey mind doing PT jobs we give it so we are in charge of the monkey mind and when we need inference to match our sensing we get it on unconscious request for doing M or anything else of MADA.
right now this post is returning to the learning and trading process of having awareness and doing thorough annotating on three nested fractals. So far the three are not there not are the ftt's and FTT's we need. This will happen because we have two drills under way that take care of problems as yet unhandled.
This part of the first illustration is annotated to make a point about the green bookmark on the FF.
The ftt of the FF is there (See top of bar 30). I was erasing some lines to get the chart as simple as possible; it may be blurred a little.
We are long from the FTT of TF2. There is no parallelogram for the SF showing but it is either a short SF or a point 2 ws put in at the FTT of TF1. Most traders use these things as context.
We are long and we did Hold on all cycles of MADA
The illustration shows how a bookmark deals with an FF2 and deals with the end of the FF2.
Small note:
bar 30 and 31 form a FBP.. bar 31 nd 32 form a FBP. Each FBP has an ID as a single bar with an OHLC. this is two bars with each having an identity. I used the H's and L's to form a trend with an rtl and an ltl. Subsequently a hitch allowed me to fan the rtl.
On bar 34, four events occur for the trader Holding long on the TF. This is what occupies the trader's mind in the awareness category as the his monkey brain is doing its blah and yada assigned tasks in order that the traders mind can be aware and even compassionate and even wise.
Being aware and compassionate about an ftt, a bo of an rtl, and price going further on dominant volume, is what allows the heart and mind to be in synch and have an awareness of comfort, support and confidence (all heart feelings which come from below the neckline of your body.)
Later on bar 42 an ftt occurs for the FF3 and this is a possible FTT of the TF3. You see annotations on the first reference illustration that look like an ftt and an FTT may be occuring all according to the line weights. There are always line weights for each fractal
end of small note.
Now we can look at the elephant in the room in the above illustration
It is the trading fractal context extending from bar 12 which was a TF FTT. We do not know if this is a value that is outside of the RTL of the SF in existance @ bar 12. There is no annnotation on the third SF level as yet.
What do we know about the completion of the SF's, however, and in general? We know the limits of the parallelograms that form any parallelogram. And we have three iterative refinements that are useful. this is awareness stuff and maybe even wisdom we are capable of having in the space all regardless of our 3 to 5 second monkey mind part time assignments we give it to keep us in control by not saying "yessir" or "GET AWAY" which are choices to let the monkey mind be in control.
Notice our tooling for the mind and its coherence is our EMwave PC which shows us coherence.
For the pattern on any given level, we understand and "see" (have the wisdom) that three moves of P and four moves of V comprise the pattern.
On bar 35 the SF LTL drawn in is broken as a VE; then the LTL of the TF3 is broken as a VE. And the ltl of the FF3 is missing and not annotated.
The ftt of the FF is there (See top of bar 30). I was erasing some lines to get the chart as simple as possible; it may be blurred a little.
We are long from the FTT of TF2. There is no parallelogram for the SF showing but it is either a short SF or a point 2 ws put in at the FTT of TF1. Most traders use these things as context.
We are long and we did Hold on all cycles of MADA
The illustration shows how a bookmark deals with an FF2 and deals with the end of the FF2.
Small note:
bar 30 and 31 form a FBP.. bar 31 nd 32 form a FBP. Each FBP has an ID as a single bar with an OHLC. this is two bars with each having an identity. I used the H's and L's to form a trend with an rtl and an ltl. Subsequently a hitch allowed me to fan the rtl.
On bar 34, four events occur for the trader Holding long on the TF. This is what occupies the trader's mind in the awareness category as the his monkey brain is doing its blah and yada assigned tasks in order that the traders mind can be aware and even compassionate and even wise.
Being aware and compassionate about an ftt, a bo of an rtl, and price going further on dominant volume, is what allows the heart and mind to be in synch and have an awareness of comfort, support and confidence (all heart feelings which come from below the neckline of your body.)
Later on bar 42 an ftt occurs for the FF3 and this is a possible FTT of the TF3. You see annotations on the first reference illustration that look like an ftt and an FTT may be occuring all according to the line weights. There are always line weights for each fractal
end of small note.
Now we can look at the elephant in the room in the above illustration
It is the trading fractal context extending from bar 12 which was a TF FTT. We do not know if this is a value that is outside of the RTL of the SF in existance @ bar 12. There is no annnotation on the third SF level as yet.
What do we know about the completion of the SF's, however, and in general? We know the limits of the parallelograms that form any parallelogram. And we have three iterative refinements that are useful. this is awareness stuff and maybe even wisdom we are capable of having in the space all regardless of our 3 to 5 second monkey mind part time assignments we give it to keep us in control by not saying "yessir" or "GET AWAY" which are choices to let the monkey mind be in control.
Notice our tooling for the mind and its coherence is our EMwave PC which shows us coherence.
For the pattern on any given level, we understand and "see" (have the wisdom) that three moves of P and four moves of V comprise the pattern.
On bar 35 the SF LTL drawn in is broken as a VE; then the LTL of the TF3 is broken as a VE. And the ltl of the FF3 is missing and not annotated.