jack hershey and others..

Quote from ncx:

Jack,

I haven't been reading the forum since our last exchange. So I have some catching up to do. But I have been working hard on the fixes you've provided me.

For other learners: Spoiler alert (take a pen and a piece of paper instead of reading).



I deduced the 9 price cases tic tac toe. Only moves to adjacent non-blocked cells are possible (when bars are degapped). Sym is in bottom left corner. OB is in upper right. The paths are fun to watch. Sometimes only one path is possible regardless if price moves up or down.

I am a dynamic NOW window guy with a flowing volume equalizer. The two most recent volume bars in the equalizer is what I am watching. So I am beginning to see the music. Every 5 minutes someone takes a picture and the two volume bars and the two price bars land on a regular static chart. The second price bar and the second volume bar will cover something. Namely they will cover what used to be NOW. So I know exactly what and when the past will be in the near future.

It's fun to see how faster gaussians lead the slower gaussians.
So it's possible to know when the slower gaussian will peak. It's even possible to know what shape (peakedness) it will have since the shape slowly morphs from the faster gaussian shape and often stays intact.

Even though I see all this I am still learning to count to 3 (which is a big number).
How much finer should I cut at T2P is what I am asking myself now.


Thank you for all the magic. If that's not sourcery I don't know what is.

Amazing journey.
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Yes the tic tac toe is a module as you say. Very good reasoning, congrats! The 10th case (the lateral) is what appears when the bar 1 of the tic tac toe casts a price shadow over a thrid bar. In trending, the movement forward of a trend is caused by a sequence of translations. Squishing internals allows for this pair "reading" in the same fractal context.

So on a lateral or in a forwarding to and past the point 3 of the parallelogram, a person goes to the sub-fractal level of detail to "catch" the end of the trend.

Read about the "retro" on bar 4 of a lat.

The mind, when working (thinking) is so eloquent.

It is so neat that markets came into being. they have a purpose, of course, but their they are and the offer is always available to anyone for the taking.

I just see doing the extraction as a device for getting money being given away by Wall Street to a more useful place.

For a while I thought nodoji was going to be able to show MS a new occupation. But if he had money, he wouldn't know what to do with it anyways.

The sons of the owner of the gliderport I used were in college when they all learned to make money. The sons stayed in college and had the viewpoint that they were learning about helping out the world. They never formally worked, and they did just start out doing their best to contribute.

I remember chatting on the tarmac after a flight. One of the sons said "I was glad to see you keep that wing low on that takeoff. If you hadn't you could have clipped that telephone pole on the lee side of the runway." He was very observant. They weren't letting just anyone take a tow in the crosswind that day( about 30knots). My habit was to just get off, up and get windward right away so I could dive towards the tow'er tail and get slack in the line ASAP. The desert is all thermals anyway ...lol ..

Trading is similar to flying and doing acrobatics. Instead of seeing a display you just feel the air pressure in your five way. Its "tape reading" in the air.
 
Jack,

It has helped me tremendously to see a hand annotated log in conjunction with a TN annotated chart for the same time period. I then go through those by by bar and ask you many questions, and from your answers it comes together in my mind piece by piece. Please continue posting logs/charts from time to time if not too much trouble.

A couple more questions from 8-02-13:

1. If bar 11 had closed 1 tick lower it would have been a C turn on bar 11 via BM-Rev --> BO T1, correct?
2. Can an Ab occur after a T1 but before a P2? The sheet doesn't specify. I ask because If Ab is allowed immediately following T1, bar 11 would have been a BM-Rev --> Ab C turn.
3. How does one begin volume annotation from scratch, meaning I don't know the carryover context/N-1 turn for most days so if I wanted to begin annotating can I simply assign a P1 then look for an A turn followed by a B, etc? The problem I see with that approach (using 8-2 as an example) is the correct B turn and corresponding P1 occurred in the prior trading day.
 
Quote from jack hershey:

Yes.

Just begin with two price bars. See the brief drill called "research 2". I wrote it for our trading room.

we just go to ET and print copies for the group. I use the white board and we photograph the white board and print it to accompany the drill.

Since we "hilight our big wall screen, each of the price cases are there in a colorcoded manner.

Very quickly A person learns to read the market for logging since the chart is automatically annotated.

Dodd and Granville implied the market's algorithm. "Research 3" makes it explicit.

In past years, some traders have asked me to develop vrious systems form basic information feeds that were converted to indicators. All indicators reveal additional degrees of freedom from which "indicator signals" may be developed. The intermediate and experet levels of the cash cow were never presented in ET BUT they are very profitable scenarios to use.

Two line theory has never been presented on ET and it can be used as a leading indicator of price. For some reason, ET does not deal with forums that provide how the foundation of modern trading was established. It was completed well before the PC came along.

I wish ET had the capability to handle reports and documents or size. Our trading team is financing setting up a modern resource to supplement this void.

You are correct that if you find and fornulate the pieces of price and volume, you get the market's algorithm by putting the pieces together.

The market have very few RDBMS combinations of the building blocks called trends and turns. P and V pieces determine trends. Then 10 bands provide the locii for the 35 EE's.

I found it to be an amazing trip to design the Modrian table for trading fractal reversals and to include a failsafe addendum as well.

I am certain that in 5 to 10 years the market representations will be entirely different. But the underlying will still be the same but simpler.

The same thing happened in competitive sailing. My oldest winning boat was built in 1906 (Dark Harbor 12). I went to cruising and deep water sailing in 1960. Today, the hulls are not even in the water and 40 knots is a winning velocity. For TV, they drop dye along the path ... lol.
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cool stuff. As my alias suggests, I like simple so can't be bothered to translate in TA or rules etc. Keep it in original form and process real time. It works well enough for swing trading.
 
Quote from bh_prop:

Jack,

It has helped me tremendously to see a hand annotated log in conjunction with a TN annotated chart for the same time period. I then go through those by by bar and ask you many questions, and from your answers it comes together in my mind piece by piece. Please continue posting logs/charts from time to time if not too much trouble.

A couple more questions from 8-02-13:

1. If bar 11 had closed 1 tick lower it would have been a C turn on bar 11 via BM-Rev --> BO T1, correct?
2. Can an Ab occur after a T1 but before a P2? The sheet doesn't specify. I ask because If Ab is allowed immediately following T1, bar 11 would have been a BM-Rev --> Ab C turn.
3. How does one begin volume annotation from scratch, meaning I don't know the carryover context/N-1 turn for most days so if I wanted to begin annotating can I simply assign a P1 then look for an A turn followed by a B, etc? The problem I see with that approach (using 8-2 as an example) is the correct B turn and corresponding P1 occurred in the prior trading day.
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Yes, I understand your request to get started.

It is amazing how the slightest variation can cause a definite change in the sequences.

I am reading your comments with great interest. I am handicapped because usually I am working with a team and different Q's are piling in all the time.

What I usually do to get started is use the continuity of the carry over and make the entry within seconds of the open. There are past posts (with prints) of this nature.

Your post points out that you are now thinkng on each concurrent level of trend monitoring and analysis.

Please go back to 06-24-13 and find an attachment entitled "6 steps". From there onward you can "read" a description of how to get started. By the 27th you see I have posted some common errors and their corrections.

you can go all the way back to march 21st and see me working with a person who latter dropped out (jeredlbb)

Go back further to see day 1 of that series of comments. I put them into a 3 ring and I am editting the whole thread training into a booklet or report.

As you say just pick an arbitrary place and begin. what happens is this; you gradually have the self correcting nature of the design bring you into the correct alignment.

On Monday I am handing out ten anntoated charts. Our team will then fill in the ten associated logs to complete fifty pages of drills. This is a softening up approach where my charts are already done and following the chart annotations gets the mind to begin to form a spectrum. Gradually this psetrum fills in and the mind then formulates Q's whose answers fill in weak spots.

You can just open your platform and print two weeks of charts. then go through the charts and annotate them in pencil and also fill in the logs for the charts.

punch and tab the reference sheets and the flow sheets that were put up after the 24th. Make mistakes. When you find a mistake then go back and do it over correctly.

This Monday I will be trading live. Three people of five will be sitting watching me. they will "SEE" a person using annotation, logging and the 10 to 12 leading indicators of price on an array of screens. they get to see me move from mouse to mouse.

What they will like the most is watching the "gas Pump" action on the trading platform and how I prepare for each reversal immediately after I have locked in a profit segment.


You are working remote. If you review jered sufficiently you see his platform is no good and that he has to change it out. He found that it could not do any math based "hilighting".

The thread on color is now running. about none of the posters there are using color to facilitate their trading. As you look at my charts you see color is used to speed up the "tape reading" immensely.

We compress 10,000 idiot hours into 10 days live in Tucson. today computers can do all the work since it is easy to go to an ATS orientation. But it is best to build the mind over 10 days or so.
 
Thanks Jack, you answered my question #3, answer = start with a P1 and the annotations will eventually self correct. Can you please address questions 1 and 2 when u get a chance - thanks.

A couple more questions from 8-02-13:

1. If bar 11 had closed 1 tick lower it would have been a C turn on bar 11 via BM-Rev --> BO T1, correct?
2. Can an Ab occur after a T1 but before a P2? The sheet doesn't specify. I ask because If Ab is allowed immediately following T1, bar 11 would have been a BM-Rev --> Ab C turn.
 
Fear comes from loss. or some situations you do not like

1. you do not want to be stuck in a stituation you feel you are trapped, for example, a strong rally, you short it, and it continues to march up, bar to bar, day to day.
2. you just do not want to lose. you know the market is unpreticable. whatever you do, whether trending following, counter trading, indicator trading,FA trading, there is no gurantee the trade you entered is a winner.
3. you do not want to miss opportunties. the market is full of opportunities, it is so powerful, one trade may make you instantly rich. you wintnessed lots of opprtunties, that reminds you: you donot want to miss any more.

I use Bible to help me conquer fear.

"whatever planned by human beings will not be realized.
only God's plan will do", that makes me objective, not monitor my emotions closely , while stand outside, and observe market's plan closely,listen to its hartbeat (not mines), execute the market's plan .

the only thing we can benefit from the market is execute the market's plan, not ours.

when I just pay attention to market's plan, most time I can follow their dancing steps. when I do not, I often found myself in an unexpetced place, normally trapped, unpleasant.

think "fear and other emotions interfering your trading is Santan", you will feel better, you may have the conviction not let emotions rule your life.

read BIBle, read BIBle, .... after many times, those things will pop out of your mind, and Santan will be jailed!






Quote from SpunkyTrader:

Do you have any drills or practices a trader can do to help stay mindful in the NOW and execute their trading plan without fear?
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Quote from trader198:

Fear comes from loss. or some situations you do not like/B]
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Fear comes from not knowing

Obviously not knowing is an integral part of the mkt/ price movement (note; I said the mkt / price movement - not a trader’s actions)

Figure out what you can know…, come to accept what you’ll never ( gotta do some heavy lifting here)

Then determine if you can live/thrive in that type of environment

Proceed accordingly

==========================

Straight up; if loss/ a losing trade - causes you fear in any way – trading is not for you

==========================

Lot of usefulness from losing trades;

Protects one's ass/ account

Tells a trader what price is not doing

Tells a trader he/ she in not in sync with price

Many in a row alerts a trader he/ she may need a break/ vacation - and/or may need to reassess/ modify what they're doing

To name a few

RN
 
Quote from bh_prop:

Thanks Jack, you answered my question #3, answer = start with a P1 and the annotations will eventually self correct. Can you please address questions 1 and 2 when u get a chance - thanks.

A couple more questions from 8-02-13:

1. If bar 11 had closed 1 tick lower it would have been a C turn on bar 11 via BM-Rev --> BO T1, correct?
2. Can an Ab occur after a T1 but before a P2? The sheet doesn't specify. I ask because If Ab is allowed immediately following T1, bar 11 would have been a BM-Rev --> Ab C turn.
More...

1. If so, then this is true. As you watch the bar form, you consider what is the space. then you see the shape. The shape changes until it is locked in.

2. No. A band is formed as the Primary. Before P2 the primary is not formed. Look at my comments on OOE's. The OOE's provide a complete shell in the logic. Think of an onion have shells from a ball core. Human behavior comes from nature.
 
Quote from jack hershey:

1. If so, then this is true. As you watch the bar form, you consider what is the space. then you see the shape. The shape changes until it is locked in.

2. No. A band is formed as the Primary. Before P2 the primary is not formed. Look at my comments on OOE's. The OOE's provide a complete shell in the logic. Think of an onion have shells from a ball core. Human behavior comes from nature.
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So one cannot begin to look for any bands until after P2?

Can an Ab A turn be followed by a BM-Rev B turn ? don't see that combo in the tables
 
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