Making JH' SCT and all his material alive

[Sprout]

Unfortunately and I apologize for that, I can't refind the chart I was on. I did not screen it wholly and can't find it anymore neither in my PC, nor on TradingView.
Nevermind, a log is a log, whichever chart it's on.

So I take (and screenshoted it ! ^^) this new chart, it's the 03/19/19 one, and I'll stick to this one 'til it's filled.

View attachment 199325

I began the log and the first problem I'm on is a t bar 7 and what I wonder is : being as I have a SYM at bar 6 with DEC volume, then when bar 7 comes and is an XB so permits to measure volume, what is volume bar number 7 to be compared to ? If it's to prior bar, so SYM's volume bar, then it's INC, if it's compared to the last measured volume bar, so bar number 5, then it's DEC. What is the rule here ?
Plus, another thing is that I'm unsure about, is if bar 3 isn't a new P1 due to the XB PC.

View attachment 199326

NB : I notice as I post this, that I began at 09:35 as bar 1 because I was influenced by Jack's log I used here, which begins one bar after opening. Can you point out if this is correct please ?

Put aside the carryover for now. Start with the opening bar as bar1. When you get to the point to do the carryover, bar1 will still be bar1 but it’ll be compared to the previous day’s settlement bar81.

So bar1 is P1, pt1, with BM short and in addition to your tapes of the prices cases also has a TL where pt3 fans to include bars where as the price cases accrue as long as the form and sentiment are congruent.
This can continue for many bars or just a single bar or anything in between. As you compare the form and sentiment to the TL, sometimes it’s clear the TL remains intact and other times it requires thinking. Your work on your great matrix did a lot of this thinking. Sometimes it makes sense to fan the TL, other times to accelerate the TL. Sometimes the TL is XO’d and a new trend segment is underway.

Whenever an EE gets ID’d, then the volume element OOE starts at P1 on that bar if FS or possibly the next bar depending on which Band. Refer to the documentation.

So in your annotation, PP6 could only be if a FS didn’t occur. Since you logged a FS; BO,T1 then it also resets the volume element OOE and gets an assigned P1 for a new trend by definition has begun.
If there was no XO of the TL, then yes 3 T1’s in a row is a PP6.


Internals with decreasing volume:
If a bar is not measured than that is what that means, it is not measured. The exception is if a Retro gets activated on bar4 of a lat. Then as per Retro one goes back and measure bars that were not measured. This can change the measured bars that came after bars that were initially not measured. There is a column on the log where this is performed when activated.


FS is always running in the background and will take precedence above all else, even on non-measured internals.

Whenever you locate a EE, place a BM. For an EE resets the volume elements at the beginning which is a P1. Some bands do it on the next bar after the EE ID bar. I also place a BM there as well.


FS are a special type of EE.


Start again at bar1 with the above in mind and take a clearer pic of your log.

 

[Sprout]

All people have different ways of "learning". There is no one size fits all, just as there is no one way that is the right way to learn.

Jack developed an "expert system". If you look up the meaning of expert system, at it most basic it is nothing more than a lookup table. If x happens, then do y, otherwise do z. If a and b happens, then do c, otherwise do e. ... It's a lookup table. I'm not referring to the modrian, move reversal, or any other handout. Those handouts require the expert system to even know when to use them... Lookup table A (the system) says to use Lookup table B.

This all lends itself to being a rule-based system. But when combined with market dynamics, there are holes... Things that happen that have no exact entry in the systems' lookup table. This becomes an opportunity to promote the "expert system" into a "learning classification system". A "learning" system learns. For purposes here, such a system is NEVER complete. Is that Inventing? I don't think so.

I agree with the sentiment of this post.

However, the Move Reversal table is the ‘learning’ part of this system and can be/is extended with additions. That’s why there are dates and times associated with the entries to add to the lookup tables.

 

[tiddlywinks]

I agree with the sentiment of this post.

However, the Move Reversal table is the ‘learning’ part of this system and can be/is extended with additions. That’s why there are dates and times associated with the entries to add to the lookup tables.

Possibly true... BUT, the move reversal is based on the 30 minute chart, with what I would say is an ad-hoc rule base as to when move reversal should be consulted/used, versus (or in addition to) the modrian table. A person using the prescribed 5 minute chart, trading bar-by-bar, point to point, ftt to ftt, or rdbms EEs/turns does not have any implicit or explicit use for the move reversal in order to trade successfully.

I look at the move reversal not so much as a learning extension of the original, but more as Jack wanting to extend to swing-style trading. "Totem" pages suggest the same imo. Nothing is impossible, but a red light/green light that is accurate to all trade styles and simultaneously all trading time frames is, well, happily not viable imo. Just my take. Elsewhere, Jack explicitly stated that C-turns are just another type of turn, nothing superior or special about them.

 

[Simples]

Possibly true... BUT, the move reversal is based on the 30 minute chart, with what I would say is an ad-hoc rule base as to when move reversal should be consulted/used, versus (or in addition to) the modrian table. A person using the prescribed 5 minute chart, trading bar-by-bar, point to point, ftt to ftt, or rdbms EEs/turns does not have any implicit or explicit use for the move reversal in order to trade successfully.

I look at the move reversal not so much as a learning extension of the original, but more as Jack wanting to extend to swing-style trading. "Totem" pages suggest the same imo. Nothing is impossible, but a red light/green light that is accurate to all trade styles and simultaneously all trading time frames is, well, happily not viable imo. Just my take.

Didn't know move reversal was for 30 mins. Wondering what "totem" pages are referring to? Searches yield nothing substantial.

 

[WchPl]

Put aside the carryover for now. Start with the opening bar as bar1. When you get to the point to do the carryover, bar1 will still be bar1 but it’ll be compared to the previous day’s settlement bar81.

So bar1 is P1, pt1, with BM short and in addition to your tapes of the prices cases also has a TL where pt3 fans to include bars where as the price cases accrue as long as the form and sentiment are congruent.
This can continue for many bars or just a single bar or anything in between. As you compare the form and sentiment to the TL, sometimes it’s clear the TL remains intact and other times it requires thinking. Your work on your great matrix did a lot of this thinking. Sometimes it makes sense to fan the TL, other times to accelerate the TL. Sometimes the TL is XO’d and a new trend segment is underway.

Whenever an EE gets ID’d, then the volume element OOE starts at P1 on that bar if FS or possibly the next bar depending on which Band. Refer to the documentation.

So in your annotation, PP6 could only be if a FS didn’t occur. Since you logged a FS; BO,T1 then it also resets the volume element OOE and gets an assigned P1 for a new trend by definition has begun.
If there was no XO of the TL, then yes 3 T1’s in a row is a PP6.


Internals with decreasing volume:
If a bar is not measured than that is what that means, it is not measured. The exception is if a Retro gets activated on bar4 of a lat. Then as per Retro one goes back and measure bars that were not measured. This can change the measured bars that came after bars that were initially not measured. There is a column on the log where this is performed when activated.


FS is always running in the background and will take precedence above all else, even on non-measured internals.

Whenever you locate a EE, place a BM. For an EE resets the volume elements at the beginning which is a P1. Some bands do it on the next bar after the EE ID bar. I also place a BM there as well.


FS are a special type of EE.


Start again at bar1 with the above in mind and take a clearer pic of your log.

Thank you very very much !!!!!!

 

[WchPl]

Feeling great, and more ready than ever.
50 5-pages logs, 350 only-JH-post pages and the two major PDFs. Printed charts coming soon.

Feeling really great !

 

[tiddlywinks]

Didn't know move reversal was for 30 mins. Wondering what "totem" pages are referring to? Searches yield nothing substantial.

Here is from the butt thread... not a specific mention of move reversal, but it is...
https://www.elitetrader.com/et/thre...on-a-daily-basis.275733/page-102#post-3908271

Attached are 3 of 4 "totem" pages I have. One was corrupted when uploaded and never fixed.
They are very poor quality. If you enlarge, you can see what Jack was going for.

 

[Sprout]

Possibly true... BUT, the move reversal is based on the 30 minute chart, with what I would say is an ad-hoc rule base as to when move reversal should be consulted/used, versus (or in addition to) the modrian table. A person using the prescribed 5 minute chart, trading bar-by-bar, point to point, ftt to ftt, or rdbms EEs/turns does not have any implicit or explicit use for the move reversal in order to trade successfully.

I look at the move reversal not so much as a learning extension of the original, but more as Jack wanting to extend to swing-style trading. "Totem" pages suggest the same imo. Nothing is impossible, but a red light/green light that is accurate to all trade styles and simultaneously all trading time frames is, well, happily not viable imo. Just my take. Elsewhere, Jack explicitly stated that C-turns are just another type of turn, nothing superior or special about them.

No, the Move Reversal works in tandem with the Mondrian. It’s not specific to the 30min.

Trading successfully does happen with the simplest implementation of his PVT system and gets incrementally and iteratively refined to extract more of the market’s full offer as one implements each of the various systems.

The last two ‘totem’ pages you posted are a trade log. It’s built by scanning over the daily log and filtering out the bars in between the EE’s.

 

[WchPl]

No, the Move Reversal works in tandem with the Mondrian. It’s not specific to the 30min.

Trading successfully does happen with the simplest implementation of his PVT system and gets incrementally and iteratively refined to extract more of the market’s full offer as one implements each of the various systems.

The last two ‘totem’ pages you posted are a trade log. It’s built by scanning over the daily log and filtering out the bars in between the EE’s.

Impressive

 

[tiddlywinks]

No, the Move Reversal works in tandem with the Mondrian. It’s not specific to the 30min.

Trading successfully does happen with the simplest implementation of his PVT system and gets incrementally and iteratively refined to extract more of the market’s full offer as one implements each of the various systems.

The last two ‘totem’ pages you posted are a trade log. It’s built by scanning over the daily log and filtering out the bars in between the EE’s.

As usual we disagree. I agree with almost nothing in your post.