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

[jack hershey]

Quote from jack hershey:

Here is the am today

As an exercise you can label the volume EE's from the three look up sheets.

Then label the types of turns in parallel with determining the trend type. Use Modrian panels.

finally, just use a go long or go short notation on price.

As you do this, think about how you would have built the EE look up sheets and the Modrian Table panels.

Now redo the sequences with the failsafe BM and rtl's added in.

By bar 5 (BO, T1) you see that you are upgrading your performance by picking up the non dominant move. A BM takes you back to dominance on bar 8.

You will get a good sense of how the a, b and c turns build, as subfractals, the main trading fractal c to neat c (with in between turns, often). This will give you an FTT to FTT on the trading fractal type reinforcement.

As river brings up, then on c turns, you use the DOM and its tools (STR/SQU and WALLS) to carve the "known in advance (n -1 to n)" c turns from the Modrian Table panels.


NB: notice that the failsafe only injects itself when the CW players (large and small) are waffling.

 

[frenchfry]

First attempt...

 

[tea_leaf]

Quote from jack hershey:

Here is the am today

As an exercise you can label the volume EE's from the three look up sheets.

Then label the types of turns in parallel with determining the trend type. Use Modrian panels.

finally, just use a go long or go short notation on price.

As you do this, think about how you would have built the EE look up sheets and the Modrian Table panels.

Bar 80. PP5a. a turn (Set D long type)
Bar 81. P1
Bar 1. Go Long at open. New P1
Bar 2. Stitch black, squish ULV bar 1
Bar 3. new P1
Bar 4. T1
Bar 5. new T1
Bar 6. PP6 (b turn). Hold Long.
Bar 7. P1
Bar 8. T1
Bar 9. P2
Bar 10. T2P
Bar 11. Aa HVBO (a turn). Hold Long.
Bar 12. BM REV (b turn). Hold Long.
Bar 13. P1
Bar 14. T1
Bar 15. Wait
Bar 16. new T1
Bar 17. P2
Bar 18. sym, squish ULV bar 18. new P2
Bar 19. Wait. T2P
Bar 20. Retro. T2F
Bar 21. Ca (c turn? not in modrian panel). P1. Go short.
Bar 22. T1
Bar 23. P2
Bar 24. Ab LVBO. a turn. Hold Short.
Bar 25. P1
Bar 26. P1
Bar 27. T1
Bar 28. BM Rev. b turn. Hold Short. P1
Bar 29. P1
Bar 30. PP1. c turn. Go Long.

 

[spatial]

Quote from frenchfry:

Every morning when a new day starts you might have a gap between the open and the previous day's close. You have to close that gap by either mentally or physically (copy the last bars of the previous day) aligning yesterdays close with today's open at the open.

You also have gaps between bars. Between the close of a bar and the open of the next bar. You have to de-gap intra bar as well. On your chart it looks like you have a XB (Translation black = two bars where the second bar's high and low are higher than the previous bar), but there is a gap between the close of the first bar and the open of the second bar. If you now adjust the close and open (you use the difference between open and close to adjust the high and low as well) you might suddenly have a two bar combination that looked like a XB but it is now a FTP.

Some platforms can do that automatically but the one Jack recommends can't do it. Therefore he puts a column in his log in order to remind him that there was a gap and that he has to make the adjustment mentally.

The UL or Use Longer is important as well. You identify an internal case/formation. Immediately you want to put a "Wait" in your log. But you still have to look at the volume of the second bar which is creating that internal. If the volume of the second bar which creates the internal is higher than the volume of the first bar, then you have to use and log that volume bar. So you don't put "Wait" in the event column but you put whatever your volume test procedure tells you.


correct. Change "longer" to larger.






According to the above information£¬I conclude£º
if the open price of the present bar is not equal to the close price of the prior bar, it¡¯s a gap .we should move the prior bar up or down to fill the gap between the open of the present bar and the close of the prior bar..
And all the cases are verified after the second bar has been degapped¡£

Am I clear here£¿
Further£¬sometimes the high of the second gap bar is near or on the previous resistance of price£¬after degapped£¬the situation has changed¡£

 

[tea_leaf]

Quote from tea_leaf:


Bar 21. Ca (c turn? not in modrian panel). P1. Go short.

If bar 21 was not c turn, we would have bar 35 as a c turn later on.. Looks like the open for tomorrow is short

 

[frenchfry]

Quote from frenchfry:

First attempt...

Sorry... for bar 80 I meant: PP5 or PP5a. And bar 81 I would assign WAIT because price doesn't give permission to measure.

On bar 6 I also had a PP6 as a possible assignment but because I placed a RTL from bar 1 to bar 2 then bar 5 looked like a nice BO/T1 and decided to label it a P1 instead.

 

[frenchfry]

Quote from spatial:

...Am I clear here£¿
Further£¬sometimes the high of the second gap bar is near or on the previous resistance of price£¬after degapped£¬the situation has changed¡£

Yes. But forget about support and resistance. We need to identify price formations. What formation (10 price cases) does the new bar create in relation to the previous bar(s).

Can you find and post a real chart which contains a lateral? A lateral = 3 or more bars still in the shadow of bar 1. Add a few bars before and after and then try to degap all the bars with gaps.

What do you get after the degapping? Are there multiple ways to do the degapping?

I said that the algorithm could be something like this: bar 1 and 2 have a gap. Remove gap. Bar 3 has gap. Take the result of the previous degap (both bars) bar 1 and 2 and shift them to match the open of bar 3. Bar 4 has a gap. Take result of the previous gap (all three bars) and shift them to match the open of bar 4. Etc... I hope you understand what I mean. After a new bar has been degapped it will be added to the previous bars and then the all previous bars will be moved up or down. BUT!!! My algorithm could be wrong!!!! Ask Jack or tea_leaf.

 

[spatial]

Quote from frenchfry:

Yes. But forget about support and resistance. We need to identify price formations. What formation (10 price cases) does the new bar create in relation to the previous bar(s).

Can you find and post a real chart which contains a lateral? A lateral = 3 or more bars still in the shadow of bar 1. Add a few bars before and after and then try to degap all the bars with gaps.

What do you get after the degapping? Are there multiple ways to do the degapping?

I said that the algorithm could be something like this: bar 1 and 2 have a gap. Remove gap. Bar 3 has gap. Take the result of the previous degap (both bars) bar 1 and 2 and shift them to match the open of bar 3. Bar 4 has a gap. Take result of the previous gap (all three bars) and shift them to match the open of bar 4. Etc... I hope you understand what I mean. After a new bar has been degapped it will be added to the previous bars and then the all previous bars will be moved up or down. BUT!!! My algorithm could be wrong!!!! Ask Jack or tea_leaf.

Thanks!
I understand the algorithm you say.

I attach a pic, I also have some questions.
If h.0 is a little higher than h.1 and l.0 is higher than h.0,then I should classify the case of the two bars as an XB for Boolean algebra. But actually the pair should be classified as an FTP.
Because the case is more like an FTP.
So after coding the ten cases on platforms, we should adjust the case on the log properly.
Some comments are needed to help me

 

[frenchfry]

Quote from spatial:

Thanks!
I understand the algorithm you say.

I attach a pic, I also have some questions.
If h.0 is a little higher than h.1 and l.0 is higher than h.0,then I should classify the case of the two bars as an XB for Boolean algebra. But actually the pair should be classified as an FTP.
Because the case is more like an FTP.
So after coding the ten cases on platforms, we should adjust the case on the log properly.
Some comments are needed to help me

If both h and l are higher (little or much) then it is a XB BUT only if the previous close and the current open are equal.

Looking at your image from left to right, top to bottom this is what I would say:

All top three = XB
Bottom: First is a Sym because the lows are not equal. Even if the difference between the lows is minimal. The last one is a XR.

 

[bh_prop]

Quote from spatial:

Thanks!
I understand the algorithm you say.

I attach a pic, I also have some questions.
If h.0 is a little higher than h.1 and l.0 is higher than h.0,then I should classify the case of the two bars as an XB for Boolean algebra. But actually the pair should be classified as an FTP.
Because the case is more like an FTP.
So after coding the ten cases on platforms, we should adjust the case on the log properly.
Some comments are needed to help me

Answers to your 7 cases
1. XB
2. XB
3. XB
4. SYM
5. XR
6. XR
7. XR