I am getting my butt handed to me on a daily basis!

Quote from jeredlbb:

Mr. Hershey,

I am not sure how to handle 'Hitch's' on the log or the chart.

Please explain about a 'Hitch'.

Many Thanks.
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Stich is an internal,so 'Wait".You didn`t even bother to outline them for all to see.
 
Quote from frenchfry:

To get the discussion about volume test procedure started I quickly filled the first 18 bars of the log. I got stuck at bar 12 and decided to stop here in order not to delay the discussion.

Why did I get stuck? This is what I did:

I assume that until bar 10 the volume bars are assigned correctly. So at bar 12 I test for a repeat of a P2. Is this volume bar >= the previous bar? Answer: F.

Now in reverse chronological order I test if it is a T1: Is this volume bar <= the previous volume bar? Answer: Damn!!! It is. The "Damn" comes from somewhere in my mind where I have "...there can be no new T1 after a P2". Therefore I put a F for T1.

I continue in reverse order and test if it is a P1. Is this volume bar >= the previous bar.... hahahaha... the previous bar or previous P1? Answer: F.

After I checked every possibility in reverse chronological order I need to go in the log to the next element which is a T2P.

I still need to think this through but it gives a good starting point for discussion.
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Hi FF,thanks for the input.Would you please consider posting the chart.
 
Quote from frenchfry:

To get the discussion about volume test procedure started I quickly filled the first 18 bars of the log. I got stuck at bar 12 and decided to stop here in order not to delay the discussion.

Why did I get stuck? This is what I did:

I assume that until bar 10 the volume bars are assigned correctly. So at bar 12 I test for a repeat of a P2. Is this volume bar >= the previous bar? Answer: F.

Now in reverse chronological order I test if it is a T1: Is this volume bar <= the previous volume bar? Answer: Damn!!! It is. The "Damn" comes from somewhere in my mind where I have "...there can be no new T1 after a P2". Therefore I put a F for T1.

I continue in reverse order and test if it is a P1. Is this volume bar >= the previous bar.... hahahaha... the previous bar or previous P1? Answer: F.

After I checked every possibility in reverse chronological order I need to go in the log to the next element which is a T2P.

I still need to think this through but it gives a good starting point for discussion.
More...

Bar #9 is XR,Bar #10is XR,Bar #11 is XB,Bar #12 is FBP,etc...
 

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My post stands.

Here are some corrections to your comment.

I was born in Jan 1933.

My partner was born in Oct 1954.

I have limited POA's to trade (under 15). Those I trade for are doing projects to solve local problems.

Our place has 6 hours maintainance/day three days per week, weekly.
 
Quote from jeredlbb:

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RTH means Regular Trading Hours for the session,which begins at 9:30 a.m. EST and ends at 15:45(for 'leveraged' traders) p.m. EST

More info can be found on the CME website.
 
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