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Technical Strategy
- Thread starter Tums
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Quote from Jack Hershey:
From here on you will be logging the overlap column as a quasi analysis technique. Put in the overlap ASAP do not wait until the end of any bar. You can postpone this if you are working in pencil or pen on the line drawing on your print of the day.
So the logging of bar overlap is restricted to realtime analysis?
Quote from Neoxx:
You've alluded to the significance of outside bars a few times now. Has the increased frequency (e.g. four times in the first 28 bars of day 1) affected their role or significance?... if the question is premature, I can ask again at a more opportune time.
Day 2 is a failure at annotating and logging.
I know boot camp is difficult and as in any boot camp the plebes screw everything up all of the time.
Suppose everytime you depart from directions we take a day off the end of the 30 days of boot camp so I can shorten it up and get it over with for your bemefit.
You missed point 3 on day 1 by 5 bars. report to me how many bars on day 2, you missed point 3 by.
On both days you did not go back and log the row on which you were instructed to put point 2.
Do you know what annotating a print by hand using colored pens or pencils means? I see that you do NOT.
I had to put up with tons of people in ET whom I put on ignore. It is difficult to follow threads because so many pages (each containing 5 posts) turn out to be blank. Continuity is difficult.
Is there any possibility that you will be able to follow the directio9ns on a task?
Boot camp is a place where learning takes place with drills. An effort is being make to take you, a person who has a lot of CW myths all over you mind, to a place where you will for the first time begin to see the markets.
I am, at this point VERY VERY intolerant of you NOT following directions that I am typing out hour after hour to get the boot camp on the record.
I have mentored hundreds of people and qurantteed thier losses, if any, under my mentoring. do you think that you can continue your behavior by not following instructions and EXPECT me or any other person , for that matter, to continue to work with you.
Do you understand that this thread is constantly being bombarded by alias after alieas of people in complete and total OCD?
A lot of people are in support of this thread and you cannot even cooperate by following instructions.
Are you going to follow instructions?
Do you KNOW WHY the instructions are set up the way they are as yet?
Answer my questions before you proceed. If the answers are not satisfactory I will tell you and then you can have an understanding of how passing forward SCT works for everyone else in the world.
Quote from jack hershey:
Do you know what annotating a print by hand using colored pens or pencils means? I see that you do NOT.
Jack,
It might look sharp and slick, but I promise, every single annotation has been hand-drawn with a pencil or gel pen, and a ruler. If you have any suggestions as to how I may prove this, I'd be happy to oblige.
Quote from Neoxx:
So the logging of bar overlap is restricted to realtime analysis?
No.
In a drill you can fill in the overlap even though the whole bar shows up as you slide the cover to the right.
You are trying to think as you work. One issue is the HH and HL. In this matter there is a flavor as well the flavor is the overlap.
As you may learn in a while that there is strength and noise in the market. The sooner you begin to think about things your mind begins to differentiate.
Your handicaps are going to be handled as you allow them to be addressed. To keep closed to proceeding, is unusual.
You are sitting there not as yet recognizing the point at which overlap and its extent may be determined. Postpone this consideration with this sort of question as long as you wish.
The ATS lookup tables are 1600 bar tables. The coding for adjusting these tables is automatic as well. Many things about the lowly bar and its connect to its buddy, the prior bar are important.
If you will imagine that we have not completed day 1 as yet in the first level of trading. Can you imagine going to a school entering a classroom and having the students do what you are asked to do in the small doses that you are being given.
Now ask youself what is the lowest classroom age that could do these tasks as a game on a PC.
Think about it.
Money is made by price movement.
Would you like to learn how price moves?
I know you are older than a child. How can we get to a place where you are getting to the point where you can begin the boot camp process.?
Your mind is the focus of this.
you can see how so many people fail to learn to trade because they are focussed on making money. Money (often the entry price) is the total referent of their failure to learn.
We are in boot camp to build a partnership with the market. It a couple of days you will learn the time value of money. Namely what 2,000 dollars on day 1 of boot camp came top be worth on day 10 of boot camp and ultimately what that 2,000 dollars came to be worth on the 30th calendar day of the boot camp period of operation.
Your task is to find point 3 and lookback at enter point 2 on the log. To do this you, by hand annotate charts using pen or pencil that is color coded for long and short. you correspondingly fill in the log row by row (not bar by bar, this is NOT a bar by bar drill it IS a PV relationship drill).
Quote from jack hershey:
Day 2 is a failure at annotating and logging.
You missed point 3 on day 1 by 5 bars. report to me how many bars on day 2, you missed point 3 by.
It was obvious I'd made a big mistake on day 2, but rather than start over, and produce a perfect chart, I thought it would be more honest and instructive to post what I had produced.
I was mistakenly under the impression that I had located one traverse and was looking for the next traverse, with which to construct my channel. As a consequence, I missed point 3 on day 2 by 62 bars.
I can accept a zero-tolerance approach to mistakes, but in the interests of my learning, am keen to post my honest first attempts.
On both days you did not go back and log the row on which you were instructed to put point 2.
Apologies, my omission. I mistakenly assumed that inserting an extra look-back row after the point 3 obviated the need to go back and enter a point 2. My error.
Quote from jack hershey:
by hand annotate charts using pen or pencil that is color coded for long and short. you correspondingly fill in the log row by row (not bar by bar, this is NOT a bar by bar drill it IS a PV relationship drill).
Again, I promise I'm annotating by hand and filling in the log row by row, every single time. However, it was observant of you to notice that pages 2-4 of log for day 2 were rewritten after I got home (though every attempt was made at an exact reproduction). The originals were soiled by waste matter at work and were not presentable.