Quote from Grob109:
Nice post.
In the forum, Index Futures, A thread has begun on carry over for equities investing and trading into futures indexes emphasis is on ES.
The contrast of you words and the first three pages there is that you are dealing with the issues of: time frame (trading fractals), market pace, and the ammount of signals that are present and their frequency.
To make money best, a person does have to be at the right place and the right time.
Being excellent and trading KISS seems to be a remote possibility on that other threads from all the comments.
But is it?
By designing a perfect market to trade, it would naturally be easy to be excellent and KISS would be the mode.
Taping is the perfect trend. It is defined as equal length bars that overlap the same amount going in the same direction.
By rippling up and down fractals you get to see taping at some point as you go to longer and longer fractals. We are lessening sensitivity and really cutting down on the signals impacting us as well.
To "make money", I recommend that we, instead, look at stuff in a standard form as an alternative. That calibrates us and our monitoring (sensing and emotion pairs)to gathr data; calibrates our analysis by making it routine and repeated at a given frequency; gives us a standard set of data to use in concert with our comprehensive array of beliefs (NLP pics); and finally, we need only one action technique.
The single action technique is :"to hit the T as the Bbid/Aask goes to zero.
We have used your scope and bounds of this post; set up taping definition; set fourth four steps to repeat as a routine; and finally just defined action as one single act.
Now we have to do some work. We need to refine.
Start out with taping on the 5 min fractal. Take a bunch of charts a day long each (81 bars each). Look for taping on the 5 min. Then bunch in threes the 5 min bars and see if you find sets of three form 15 periods of taping. That is the given channel on the 5 min chart is traversed within each group of three 5 min bars. If not, then regroup the consecutive groups. Try 4 bars per group. try 5 bars per group.
Sit back and see that a lot of the time you have "taped the market".
Do this. For the tapes that work for periods of time using 5 min bars alone and not bunched, see what happens after the "tape" ends. You will find the following: It moves over and starts again. OR It is a tape if you bunch bars to some extent.
CCC is lateral taping if you do one of the above efforts.
Where we get to is coming to find out that we can see alot of taping for almost all of RTH.
"Bunching" to get "taping" is a method to "kill" an overwelming surplus of signals.
By doing this stuff, you find out that many fewer trades are required just based upon the fact that you "hold" through all tapes.
The "new point 3" has shown up as well. You see that most tapes are trend beginnings like airplane "takeoffs" and that after the initial money velocity, the trend goes into a "grind" of bunched bars that make a tape that continues along at a lower money velocity always within a channel that is defined.
So tapes are channels where each bar "fills" the channel. Channel that form and arenot tapes have traverses, where the traverses are often tapelike.
By using the coarse, medium and fine repeated laps, where all of the above comes under coarse, we have "smoothed" out life considrably. See that medium is a taping exercise as well.
Fine is just used for taking action at precisely the right time.
In SCT, we make money all the time by being on the right side of the trend all the time and finding out we made a lot of money.
I am doing now a days a series of important posts that are long each and redundant. Metalurgically speaking I am "soaking" and annealing. I am also making swords out of traders and Samurai swords were made. we are building strength through the length of our tools by having layer upon layer of pure materials that are consistantly applied over and over in the same way in each layer.
we are going to be able to focus upon where the "bends" are made to fold what we have into a most elegant and cohesive tool.
Tapes are the spans of money making. translation and continuous accumulation of profits occur. Between these we dynamically act to extract.
Coarse has three layers of detail.
Medium has three layers of detail.
Fine has three levels of detail.
Everything is made of sequences. Total sequences loop and repeat. The deepest layers are just nuances that still are pure and unfettered.
When you read the SCT Synopsis, you will be abkle to "see" all the layers, the sequences and how to get to "hitting the T in the same way always as is done at the lower right.
In the very middle you see the difference in a reversal and a resume. Trans is the word that means "taping" in DOM. 2 pair is the simplest ocsillation found in the market; it does not get any better as Jack Nickolson said.
If I take you to continuous (translation) and to the smallest oscillation and those are the only two choices and you "see" that, then you are going to take all the money out of the market that is available all the time it is available exeactly when it is there to take. QED.
What you posted is, if fact, the last question.
This is where people are going to "get" just what "Elite" means.
I have to explain the SCT synopsis in such a way that people get used to it just like driving a car.
The Q's on the table before this one you asked are:
a. What is next?
b. What should I be looking for?
c. What, at a given time, is the most important to look for?
answers:
a. see sequences
b. next step of sequence on coarse, medium and fine.
c. That everything is flawless. If a flaw occurs, then it shows up on coarse, then medium then fine.
NB: Never do only a partial data gathering. (See one signal and act on it.)
NB: Only act by hitting T when the Bbid/Bask goes to zero.
