Quote from makosgu:
Kind of like the traffic due to the UN General Assembly here in midtown, slow and messy on the 5M...
Thru bar 67... I had to T-out on the FBO that I didn't recognize off of the low volume FBP, it was a quick debrief so I went back and put it in...
How's the YM looking Stalker, NICE EH? 
Easy, the point3 for me is actually a very long period. If I am too early on the reverse (a few ticks), oh well I have to sit on my hands and monitor the rest of the pieces fall into place. I am somewhat tuned into how wide a channel is at it's onset. The greteast comfort is seeing the PRV showing a greater value than the previous bar's volume. Additionally, price does not just flee away like some wild animal, it requires volume to push it any direction. That is where volume becomes important. I shift focus to volume where as most may be glued to price.
MAK!
.....and then as the trend begins to set in I notice increased volatility (greater channel width) with volume pushing price past the former left channel line. So another segment of the left line is called for when the guassian on the YM shows the second half beginning and ES price backs off of this new extreme (which is in a new price space AND just caused the channel width to increase).
The Q at this time is to consider just "holding" the channel until later or decisiding to pep up my money velocity and trade traverses of the channel.
This gets answered on two levels. Stalker is reporting on one part now. And there is another part easy is taking up.
Grasp these thoughts. we have just nailed down what is meant by channels and their maintenance once and for all. there is no question that projecting everyone of the channels envelops is very informative and definitely and strongly tells you where the currently forming bar is in the infinite scheme of thnings.
Mark the words of stalker. You see his effort to asymilate is presently at a given level of performance and sort of a limitation. This is normal and excellent thqat he can observe himself. Stalker always observes himself. He truthfully debriefs where he is at in a sort of plan for transition to higher ground.
Mark his expression for over load: catatonic. Mark his expressionf for understanding (most recently stated); he says: I don't see bars jumping up and down anymore; they are telling me something now. He is self witnessing seeing the connection between the notes of the melodies. He now sees the market like a person listens to music.
So he is focused on learning how to read sheet music and "hear" the music coming from the sheet.
He also says it takes time to do this transition from before to after.
Easy is considering the two sets of data from the DOM. Dom is becoming a two dimensional vetor.
There are four basic strategies played by winners. A winners is a person who is taking money out of the market all the time. Just so we understand the definition of trading and winning.
SCT is being "pushed" by these guys. If you are "looking" at the market for something you are not a winner type trader. Winners are "playing" the market. This is a situation where a guy has an instrument and he can read music. He reads the music and plays the song. He monitors the market and he makes the trades continually.
Who are the SCT guys? We are producers of MTV shows. We don't have scripts and sheet music. It is our job to go further. we know ahead of time what camera shot is important and so we cause it to be seen because we know that is what there is to be seen that makes the MTV viewers stay tuned to live broadcasts. Yes, there are rehearsals and story boards galore. And there is the performance by the players. We can get to a sensitivity where we see more than the bars jumping up and down and the DOM feeding us two signal sets.
We see how to bring out the ultimate nuances of all that is being orchestrated because we know from all the camera screens that are on the bay, which one to "anticipate" will have what we need to know to be "pushed" continually by the opportunity at hand.
when a person says "I see volume is able to push the extension of this price bar to make the bar different and to see that the bar is signalling delta volatility (change in volatility), that person is stepping up to being able to see to "slalom" the additional channel width versus just riding the money velocity of the narrower channel.
Three people in three different places all moving towards better and better trading.
On point is the recognition of volume telegraphing a strtegy change to move up one gear in money velocitiy.
the next level down a guy (easy) is plugging into the full signal compliment telegraphed by the strategies (four winner type approaches) that show on the DOM, button and the T&S.
Below that is the so prevalent melody of smart money on the YM 2 minute.
each of these levels is superimposed above the multichannel projections that are tidied up as the day passes. They all swing into play as one after anopther is digested and gains a real time utility. what makes all of this so exciting and deeply frustrating is the hard bearing down in real time to asymililate the truths of each stream of consideration. Natrually, this thread is surfacing the considerations through a set of concurrent narratives that are all time stamped and annotated on charts that appear as attachments. It all is going into a mill that will regurgitate it in a while.
So there is a dream team doing the earnest effort to become better in each stream of interest. Sweeping is going on and more and more elements are on the table; they have roles that are better and better defined. Thier mutual interdependance is recognizable and it has been dicovered that at any specific moment just one or two are carrying the mlody while others continue to harmonize.
We are very ready to find out how it looks when something turns up missing. We are very ready for what wasn't that.
So I view my job as coming up with the videos that tell you how to go through the transition of putting it all together. Naturally, we need about 10 videos to explain each of the 10 elements as they sit independently and pristine. We also need to see the independent free standing four parts of the routine.
Naturally the editied taxt and attached charts is a starting point that underlies the above.
It all comes down to being a minimalist and being at the right place at the right time. But first you have to know it all to get the truths settled in your mind.
The posts being made are right on and so forwarding to get this all wrapped up.
