Quote from jeredlbb:
I am attaching a log in Excel. I am sure I have some of the headings incorrect as they were hard to read. If you will give me corrections it will take a very short time to change them.
There are two options in this Workbook. The tabs at the bottom allow to print 5 pages at a time that are pre-numbered or the other tab allows for print one un-numbered page.
If you only want one page you can right click on the 5 pages tab and delete it.
abosolutely terrific.
For ease of use replace the word "date" with the word "time"
as we all see there are 18 rows that print when the sheet is printed.
what I did was fill in the bar numbers on five sheets where there were 18 bars named on each sheet ecept for the last sheet.
we use part of the last sheet to know that we know for the open the next day.
One person here has found he is all mixed up within the time of the first bar passing as the day begins.
He is explaining he does not do carry over and he does not degap and he does not log and he does not annotate volume and he does not annotate price. he also does not use a chart tht has the price cases color coded and in containers. He may be reading "trend Following" and "the wizards".
The way this learning process is going is that items are posted and they are exvaluated and then corrected if and when neccessary.
Soon a display will be put up and I willl transfer the missing highlight math to that person. ET probably cannot process zipped files as yet; we will see.
we now have the ten cases of price.
we have a terrific log.
The drill is to be able to name each price bar and to use Wait when a measurement is not allowed.
We are using RDBMS and we know we know what each letter means.
here is what is left to learn.
We need to use the modrian table with facility. You can study the four types of trens so you know them cold. This means you can pick the correct column.
now we have to learn to do two annotation to get the correct top or bottom of the Modrian Table.
Let's tackle this head on.
The BM uses a green ray. the rtl of the BO, T1 uses a sloped line segment between to adjacent values.
a bookmark is placed when an EE has ocurred. It is at the end of the bar that the price is going away from. Rays are horizontal in this world. If you have an end effect that is turning from "long" to "short", put the BookMark at the high of the bar.
On the otherhand, if you are at an EE that is going from "short" to "long", put the BookMark at the bottom of the bar.
As you see we use this failsafe modus for one reason only. the principle for making money is to be on the correct side of the market. If you cease to be on the correct side of the market you cannot make money during the time you commit this error.
So the Bookmark is used to create a turn when the market sentiment changes.
Wonderful. I think you have it. In Spain the rain is mostly on the plain.
the other failsafe is the earlybird for the BookMark. The reasoning is that the early bird gets the worm.
So when you make a Bookmark also make an rtl at that ime. make it on the right side as an rtl for the beginning new sentiment. the point 1 is the same point the BM stats at. The point 3 is the next bar end (adjacent bar of RDBMS) AND on the same end of the bar, relatively speaking.
As you have just reasoned the BO of this rtl comes BEFORE the BO of the BM. It is earlier when it is possible to draw it.
There is a caveat of two parts. This is another way way powerful invention. You may only have a TRUE BO of the rtl if and only if. a T1 is there and a P2 has not appeared before (at a lock in) the BO of the rtl. If you have not annotated the P2 it has not appeared as yet just for the timebeing.
what is happening in your thinking is that you are shifting from CW to RDBMS. RDBMS is all a TRUE/FALSE type algebra.
Everything your mind can do is also possible to do with an ATS. I prevent people who are greedy from making ATS's. As Gordon said Greed is good. So I am really greedy. As a consequence I use my mind to help others solve problems. Most problems need money. so this is a money making system.
above is how the top of the Modrian panels work. the yellow, mustard, orange and rad panels onlt require you to draw a BM and an rtl. then we look for violations called BO's.. THe ones that are important for making money are n - 1 events just before the n turn where you reverse to collect profits from a trend ending.
today you shifted from the Present in trading to the certainty of the near future before a reversal turn.
This is dumping "trend following" to begin to do trend monitoring and analysis. I have a 36 chapter book to replace the book "trend Following". 12 chapeters were done in a week a couple of months ago. All this text can go in the next chapters.
so take out 50 charts and just put in BM and rtls where it looks like an EE happened. notice the BO's and if volume died before and a peak came after. slip into the groove with me. fool around alittle. relax.
