Lay it on us.
I am getting my butt handed to me on a daily basis!
- Thread starter jeredlbb
- Start date
Lay it on us.
Jack,i do the last nine yard(volume) now.Something that came to my mind,all the P2P,TFT,etc stuff...Do you just do the scalar,bar-by-bar value for volume?
loloololo...FF,you hurt,baby.You`d better loosen up!
FF,do you think i`m pass the Combine?
I was trying to spend more time by observing the volume this time.Though i don`t know the all 11 instancies` functionality.I think i`ll be able to deduce them as the time passes.
Jack,would you mind to finish Ocean 11?
I was trying to spend more time by observing the volume this time.Though i don`t know the all 11 instancies` functionality.I think i`ll be able to deduce them as the time passes.
Jack,would you mind to finish Ocean 11?
Quote from frenchfry:
"P stands for peak, T stands for through and WYSIWYG". Wow!!! Really!?
Each bar (price and volume) has a name. WYSIWYG is only partially true.
What we see is not only peaks and throughs. Bar 1 was an OB (in price). I assigned it a P1/T1 (in volume) but taking the previous bars into account I could have assigned it something else. Anybody who doesn't know how to analyze what happened before has to start somewhere. Starting with a P1 is not a bad choice.
An OB with P1/T1 tells us we have a EE and I "think" we can consider this a BM, BO/T1 situation which means we are in the "Failsafe" part of the Modrian table. Which of the four? What kind of turn do we have? Maybe somebody more experienced than me, like baro-san, can tell us?
Now bar2. It is a XB in Price. It is a through in volume. Here I see three possibilities of what could be assigned to this bar:
1. We assume it is a "Repeat" of T1 and we assign a T1.
2. We assume it is a "Next" and we assign P2
3. We have a EE and restart with a P1
Based on the correct answer the assignments for the following bars which I made need to be changed.
Is there a fourth alternative? Why would you choose one of the three possibilities listed above and exclude the others?
This is a difficult time for me.
attached please find the "context" For the discussion of the open on 2JUL13.
Bar 78 of monday, 1JUL13 can be deemed a BO of the primary and secondary (this is a n independent variable (volume) statement) of the closing PM part of Monday.
As you see on bar 78 there is an EE called P3P. It's exact name in the EE list is found in band H , namely Ha. Look at the EE sheets I provided prviously.
Bar 79 is a WAIT in the event column of your logging.
The new P1 occurs on the bar 80 which is the FIRST translating bar AFTER the EE. (Only band A assgns a P1 on an EE of Band A.) (This is also true for the failsafe EE's as well) So this brief paragraph dictates how to always be able to assign a P1. this assignment technique is what assures trends are independent of one another.
As you can see bar 81 is also a P1.
The chart is degapped for considering the "carry over".
as seen an OB occurs. So divide the log row into upper and lower horizontal levels.
Do the volume test for the upper level. You get P1 with acceleration.
Look on the PP EE sheet and see it hs a name: PP1. place PP1 in the event column. In the rightmost column write Go Short.
Note that on the open of bar 1 you entered the market long as part of the carryover sentiment.
The lower value of bar 1 is completed in order to fill in the context of bar 1 so this context can be used in the future, relatively speaking.
Since an EE occurred on the upper level of bar 1 AND the band was a PP band, no P1 is assigned on the upper level.
P1 IS assigned as the OOE that occurs to name the lower level status. you may have to think about the fact that this is the only possibility and that you no longer make up or invent things to do inplace what exactly what is to be done. this is a new mental attitude and is time consuming to adjust to especially if you are plagued with a mind that is on the loose occasionally. Place P1 on the lower level of the events column.
The chart is degapped for considering the "carry over".
as seen an OB occurs. So divide the log row into upper and lower horizontal levels.
Do the volume test for the upper level. You get P1 with acceleration.
Look on the PP EE sheet and see it hs a name: PP1. place PP1 in the event column. In the rightmost column write Go Short.
Note that on the open of bar 1 you entered the market long as part of the carryover sentiment.
The lower value of bar 1 is completed in order to fill in the context of bar 1 so this context can be used in the future, relatively speaking.
Since an EE occurred on the upper level of bar 1 AND the band was a PP band, no P1 is assigned on the upper level.
P1 IS assigned as the OOE that occurs to name the lower level status. you may have to think about the fact that this is the only possibility and that you no longer make up or invent things to do inplace what exactly what is to be done. this is a new mental attitude and is time consuming to adjust to especially if you are plagued with a mind that is on the loose occasionally. Place P1 on the lower level of the events column.
Thank you for following along with me.
we used the tools as they would be used if now additional safe guards were available.
The long on bar 78 and then going long on he subequent open would all work out.
We do leave the market just before the RTH margin changes to the non RTH margin.
I would call what I posted was a good and methodical apporoach for learning.
By now you are more capable of always using the safe guards as well. there are only two. both are price annotations.
They keep you on the strainght and narrow path to success and not needing luck anymore.
So lets put the BM and the rtl to work, if possible.
as you see we used the bottom of bar 78 to sketch in the two items. The bar 79 was used to get the rtl. BM is simply a horizontal line.
On bar 80 yu see the BM has been penetrated,. So you go to the appropriate Modrian column to check out the scene.
This is a set A context. that puts you in the green pane. you see there is no P3P. This absence is clear.
While you are OUT of the market, you still keep track of things. you are doing work to set up the carry over.
At bar 80 there is no EE. So you assign a P1. (Not shown).
What is the lesson?
You are maintaining a failsafe system and you are keeping the market sentiment correct.
we used the tools as they would be used if now additional safe guards were available.
The long on bar 78 and then going long on he subequent open would all work out.
We do leave the market just before the RTH margin changes to the non RTH margin.
I would call what I posted was a good and methodical apporoach for learning.
By now you are more capable of always using the safe guards as well. there are only two. both are price annotations.
They keep you on the strainght and narrow path to success and not needing luck anymore.
So lets put the BM and the rtl to work, if possible.
as you see we used the bottom of bar 78 to sketch in the two items. The bar 79 was used to get the rtl. BM is simply a horizontal line.
On bar 80 yu see the BM has been penetrated,. So you go to the appropriate Modrian column to check out the scene.
This is a set A context. that puts you in the green pane. you see there is no P3P. This absence is clear.
While you are OUT of the market, you still keep track of things. you are doing work to set up the carry over.
At bar 80 there is no EE. So you assign a P1. (Not shown).
What is the lesson?
You are maintaining a failsafe system and you are keeping the market sentiment correct.