Quote from mktman:
I must have missed this what does "ftt" stand for?
Great thread!!
Thx.
Ftt stands for failure to traverse.
BO is breakout from the existing formation whatever it may be
FBO is the event that sometimes follows a BO. Failure to Breakout.
Three intrachannel formations are common and they are abreviated too:
FTP is flat top pennant and it has a propensity to breakout up (long)
FBP is the converse or opposite. Flat Bottom Pennant which tends to breakout down.
SYM is symmetric pennant which has a breakout that could go either way but often the sentiment (Fast STOCH) dictates the Break out.
midday is usually depicted as CCC which stands for Congestion, Convergence and Centering.
All the formations are geometric boundaries that are codable. Coding is based upon human psychology as it relates to two things: "value" and "sentiment". All of this is being put into archivable forms as: 1. an organization of knowledge and also as 2. A model that is useful as a learning path. The model has six levels and each level has 10 common sectors. Each sector on each level has five topics and the topics are further divided onto three levels as a generation breakdown. The path is a spiral. Users are tracked as they use it to make it possible to iteratively refine the path and reinforce where stumling blocks occur. Access to knowdege is done by gating through questionaires where, if the person is uniformed, his wrong answers are explained and then he is conducted to the knowledge set he wants unencumbered by past mistaken stuff.
Work doing a process is how a person gets to form a partnership with the markets. By fast tracking this process, it is possible to get to a point where the acquisition of capital is rapid no matter what the initial capital. In ET you see the CW is to do the opposite and take a lot of time to get to something that is called break even. The 38 or 39 steps oft recited are humourour. about 8 or 9 steps are required to be an expert in trading which is not a competitive endavor in the first place.
The whole paradigm shift away from the CW moves trading to an operating place where individuals and pool operators can extract the full potential of the market by front running the CW model. You can see how stable and pervasive the CW is by reading ET. It is on a mythical level for all practical purposes. The MACRO part is least money velocity productive as the larger CW pools demonstrate.
I'll add a list of abreviations ASAP.
There will also be a link to some of the glossaries.
In particular, you can check out the Christopher Lott segmented (26 files approximately) glossary that first appeared in the days of misc.invest. technical and so on. At this location I was the contributor on the modernization of the MACD. and modernizing most indicator designer defaults. Pring et al picked these MACD settings up aproximately four years after it was posted with Chris et al on that part of the web in those years.
In time, the various universitiy archiving operations for this paradigm will be added as organized reference links as well.