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

Quote from frenchfry:

Seems like. In this picture you see how I used Trade Navigator's "Copy Pattern" feature to copy and paste yesterday's last bars and move it to a position where the close of bar 81 is aligned with the open of bar 1.

Copying multiple bars this way of the day before I would also make sure that if yesterday ended for example with a lateral that I would capture/recognize what bar 1 does with that lateral.

Yes, that's a help. I did it mathematically. Your way is faster. Thanks.
 
Quote from outsource100:

Bar 4 is XB,Bar 5 is Stitch Down,marked "UL" as the volume bar is higher,hence NO "Wait".Do the 50 f..ing sheets for the cases!

thanks for showing the chart.
 
Quote from jeredlbb:

Would you say that bar 7 did not have a gap because of the adjustment of the previous bars?
Well... I would say... you first removed the gap between bar 5 and 6 by shifting bar 5(and everything behind. you do this mentally). Then there was a gap between bar 6 and 7 which you removed by shifting bar 6 and everything behind which includes your previous shift.

In this example the degaping doesn't change the result of the formation of bar 6 and 7. Bar 7 is still a XB.
 
Quote from outsource100:

I don`t know what the heck the "Wait" means,though, in the "Hold and Reverse" system!:confused: :confused: :confused:

You either Hold or you Reverse.Why "Wait"??

the MADA approach and system is an integration of 5 OOE's. The Wit is associated with the measurement of the independent varible volume.

hold and reverse, on the other hand, are trading terms.

mostly money is made while holding.

reversal is used to collect the segment's profits and secondly to reset to "window."
 
Quote from jeredlbb:

Ok. .

FrenchFry, thanks for the help.

If you and or Mr. Hershey would comment on this I would appreciate it. I think I understand now about 'Gaps'. I have some question as to which rows to indicate a 'Gap' on in the Log. I did it the way that seemed the most right to me. Hopefully I did not get it wrong.

Mr. Hershey, should I proceed with doing this 50 days in the past to 'cement' this in my hard head?

Thanks
Hurry up before Jack sees this. Look for his last post where he explains what you need to put in your log by now. Gap is OK now what you miss is for example drawing an arrow in the arrow column. See his last post. You also didn't draw a horizontal line through the volume columns until the event column if you have a wait. Just two things you should be doing by now. For an example see the first log that I posted and how Jack filled it out. There you see also the rest he explained yesterday.
 
Quote from jack hershey:

I'll finish up the whole nine yards with a 6 step comment tomorrow.

I wrote it but the post didn't stick.

I 'll include an illustration for those who are more visual.

Attached are the six steps.
 

Attachments

Quote from frenchfry:

Hurry up before Jack sees this. Look for his last post where he explains what you need to put in your log by now. Gap is OK now what you miss is for example drawing an arrow in the arrow column. See his last post. You also didn't draw a horizontal line through the volume columns until the event column if you have a wait. Just two things you should be doing by now. For an example see the first log that I posted and how Jack filled it out. There you see also the rest he explained yesterday.

I was doing that on my chart. Sorry, I misunderstood.
 
Quote from Crude Man:

If the trade goes for you great, If it goes against you no big deal. Because the next 1000 trades you put on, you will have more winners than losers. One trade doesn't make you or break you, the market cannot disappoint you, you cannot have expectations of what one trade will do. Take your trades!

By the way, do you have an edge? Mine is price action. what is yours?

I actually still cannot quite believe, that I am able to trade Crude using price action and be profitable week in and week out.

Lastly, please read TRADING TO WIN BY ARI KIEV AND TRADING IN THE ZONE BY MARK DOUGLAS. And No, not on a TABLET. Buy the physical book, highlight passages, take notes, read passages over and over again. I promise if you stick with it, you will progress in your trading.

Good stuff!

However, I'm a bit confused about this part:

You see the newbies in the forum shouting "go dollar go" as if they are urging on a horse to win in the grand national and you see yourself but many years ago now.

When I was a newb in Elite Trader's old chat room years ago, 1Reason taught me that shouting "go [symbol] go" (or, if short, "die [symbol] die") improves the odds of price hitting one's profit target.

:D
 
Quote from jack hershey:

Attached are the six steps.

To do the six steps you need some flow charts (3), a table of the volume element ranges (1), the three sheets tht specify all of the EE's (3), The failsafe band funtional descriptions (1), and the 8 panels that connect n - 1 to n so you have a complete advance warning system before sentiment changes allow you to take profits segments for the full offer of the market (2).

The above wraps up the whole nine yards for using the mind to manage the system of the operation of markets. This was the last contibution I felt like making in my life. So I finished two other papers this wekend befor just relaxing and puttin pencil to paper to complete the MADA system.

attached is the MADA routine flow sheet. As the posts indicate people are not able to degap between bars. so far several poeple have explained how degapping works, shown pics , and explained its powerful purpose.

Now you can also see that Genisis is not egapping day to day as yet. so "copying" makes this possible as suggested. some vendors are catching up. t took Pring 4 years to accept the post PC defaults on indicators.
 

Attachments

Back
Top