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

Here is the last third of the day for thursday (31oct13).

throughout the day I added a lot of "carving" notes.

yesterday added a lot of plain trading notes.

Before that I added simple notes on skipping trades (the notes wee intended to show how D to ND turns did not lways have to be taken and a slower fractal could be used, during that kind of context.)
 

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Quote from workwithus:

Hi Jack, i have a question on the open of 10-31-13.The carryover for the open of 10-31-13 was short per your log 5 on 10-30-13.Since the EE was an Ab band a P1 is assigned on b81 of 10-30-13 with a BM placed on the top of b81.So on b1 of 10-31-13 wouldn't this lead intrabar to a BM REV long? If so, then wouldn't a BM be placed on the bottom of b1 with a new P1 assigned?
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Thanks for your post and the accompanying illustration.

It is true that the b1 breaks the BM on b81.

Lets look at the bars from the segments of their unilateral movement. Years from now market analysis will be much inproved. At that time, their wll be many fewer price cases and the carnsp logic wll be greatly simplified.

By underatanding what is years ahead, i is possible to deal with the contemporary scene in a somewht stilted manne and achieve a good effectivenss and efficiency in present times.

So today lock-in has simple limitations aand making money to take the full offer falls into just a weekly doubling.

B1 had a long to short to long three unilateral segments. One was non dominant, then the length was dominan and finally the last pice was a black dominant. B2 opened red nondominant and when to pback dominat and finished with another piece.

As traders we just "anticipated" an optimized our short entry by doing an early trade on the "hershey hinge " (you can google this from years and years ago). B.2 , I hate to say it, "confirms" the long and the BM REV is booked.

Today, just be relaxed and use closes as lock-in's when the price formation dictates.

B1 close was on the "short" side of the BM. B2 close was on the BM REV side of the bar.

As has been stated by many skilled taders (in contemporary jargon) "stay with the plan and follow it conscientiously."

The plan is to use three lock-in's on three OOE's

Here is my insight with respect to the words you composed.

1. The entry is given before open. You do what the carryover dicteted the evening before open.

2. You hold until the approach gives you a "reversal Signal" via a sequence of three sucessive lock-in's. Using the maths and rules set of the system of the market's operation as expressed by the bundles of information.

This means that the entry and first reversal did no make any money BUT the followed process guaranteed that you stayed on the orrect side of the maket.

3. You are moving ahead in the process of skills develpment. My nickname in the trauma center was "duct tape". In thefield, I had a serious reputation for getting victims to trauma treatment while they were still alive. BUT then, when I was in a trauma center instead of in the field, I was held responsible for not letting duct tape get in the way of moving victims from one setting to another. Using a # 5 scapel is an art form it seems. First, you get the system understood. Second, you gain facility in real time. Doing a short on open is followed by using the OOE's. You saw the bar open and go non dominant. you could unsterstand that a translating bar ws forming early and not making any money. Then the b1 went into a dominant move, passed the doji and turned red. A stitch (black) lock-in came very late in the bar. The close happened. you facility allowed you to probably erase the Price cse and corect it. the UL was on the same row so you noted the volume test procedure resulkts and wrote in the Event for B1. Anticipating a PP! you would have noted the volume required for b2.

4. Anticipation. The logic of a PP1 was Not going to play out immediately of maybe otherwise. If you have facility and have many concurrent ways to make money at your mental disposal, you would go into the "early trade" mode. (I am stepping up my level of annotating to push brainpower into the higher levels of capital extraction since there is a wave of talent now operating in ET).

This means we are Moving from white to grey to black in CIA terms. In a foreign seting we are purposefully extracting the facts. A stich (black) is set with a tweak (end of b1). A wiff of red starts b2. Then earliest doji. We are in a three tick world and black doing a NON rtl REV. There is no gas being applied on the b2 opening bar. A routine EE is not coming up. No rtl. and a DOM wall is there on the bid. (price case shows as a hershey hinge for this).

No more money can be made short.

5. In chess type terms (anticipation), you play out the next three turns. It will take a lot of volume after b2 get the first six bars to set up a normal catenary on the 30 minute chart. Take an early trade on b2 (within three ticks of the DOM bid wal) and, through bar 6, it turns out to be checkers on the PP sheet.

I guess ET needs to upgrade and have skype and GTM to replace the chat room of years ago.
 
Quote from jack hershey:


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In the mean time, we degap bar by bar.
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You may discover that we do not degap the rtl's. They fit into the "good enough" category.

Notice the boundaries (orange) of the laterals are also degapped.
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Also you see the column "degap". A check is used to notify ourselves that we need to degap price and see how the RDBMS turns out.

There is no degapping on volume rays.
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What does "degap" mean? What is the expected result?

I have seen one define... Current bar open value == close value of previous bar.
No adjustment of HLC or V of any bar is involved in degapping.
Timeframe has no effect on degapping.

Based on that define, I have recently seen some Sierra code which is mostly inaccurate, or extremely inefficient as a best case. I can fix it if I know what degap is and the expected result.

Maybe someone has some comparison pics??

Thanks
 
Quote from tiddlywinks:

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No adjustment of HLC or V of any bar is involved in degapping.
Timeframe has no effect on degapping.
...
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The whole (OHLC) previous bar(s) has to be moved the amount of the difference between open of current bar vs close of previous bars.

Examples were in this thread I think. Look also for posts of db_sezwhat he had some examples.

It should be independent of timeframe. If there is a gap in 3min, 27min daily, etc. it needs to be removed.

Can you fix it for Ninjatrader, too?
 
Quote from frenchfry:

The whole (OHLC) previous bar(s) has to be moved the amount of the difference between open of current bar vs close of previous bars.

Examples were in this thread I think. Look also for posts of db_sezwhat he had some examples.

It should be independent of timeframe. If there is a gap in 3min, 27min daily, etc. it needs to be removed.

Can you fix it for Ninjatrader, too?
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>> The whole (OHLC) previous bar(s) has to be moved the amount of the difference
>> between open of current bar vs close of previous bars.

Realtime/actual Y-axis(price) values are meaningless in relation to degapped bars according to your explanation.
IOW, Degapping is solely about bar formation and visuals? "Offset" OHLC values not actual values?


>> Can you fix it for Ninjatrader, too?
I don't use NT. I do know NT code is based on C#. Therefore the answer is yes I could, but I would not be a logical candidate for coding in/with that platform.


EDIT: the more I think about this explanation, the more I really need to see comparison charts. Uniformly offsetting
(or not) all the variables (OHLC) of previous bars just doesn't seem right. I'm missing something.
 
Quote from tiddlywinks:

What does "degap" mean? What is the expected result?

I have seen one define... Current bar open value == close value of previous bar.
No adjustment of HLC or V of any bar is involved in degapping.
Timeframe has no effect on degapping.

Based on that define, I have recently seen some Sierra code which is mostly inaccurate, or extremely inefficient as a best case. I can fix it if I know what degap is and the expected result.

Maybe someone has some comparison pics??

Thanks
More...

A rudimental addition to my original questions...
What is the purpose of degapping and why is degapping needed to achieve that purpose?
 
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