I'm caught up.
Technical Strategy
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okay.
We have completed drill 1 which was enter near the open
We have cpompleted most of drill 2 which was to get the point 3, get the channel in and do a lookback to annotate and log point 2.
this means we have done tapes to get travereses and done traverses to get tapes.
we failed to get the overlap started and that happens.
If that begins and I get to comment then I will add the vol wgich is in remarks and stands for Volatility.
By having the pair of overlap and volatility rolling we will be grooving on "adjacent" bar "knowledge acquisition".
I hope you are beginning to feel larger and larger; I am not too familiar with people who are reading changing size as they read stuff.
We have completed drill 1 which was enter near the open
We have cpompleted most of drill 2 which was to get the point 3, get the channel in and do a lookback to annotate and log point 2.
this means we have done tapes to get travereses and done traverses to get tapes.
we failed to get the overlap started and that happens.
If that begins and I get to comment then I will add the vol wgich is in remarks and stands for Volatility.
By having the pair of overlap and volatility rolling we will be grooving on "adjacent" bar "knowledge acquisition".
I hope you are beginning to feel larger and larger; I am not too familiar with people who are reading changing size as they read stuff.
We have reached a milestone in beginner.
When the day 10 of getting point 3 is done, then you are READY, willing and able to find the CHANNEL FTT.
This is the first CHANNEL MODE Change of a day. Change is a MODE term.
Here at change we get to list a price in the Action section as well as the direction.
as you will see there is a way of estimating the time and price of the FTT location. This gets a separate post. I will get it typed up with an illustration.
When you do page changes on logs BE SURE TO CARRY FORWARD all the column information like stage and side of market in Action section.
when we do aLL the Beginner cycles for days 1 though 10 , then we will get the contract additions (40 poionts is the margin requirement to add a contract) done as a debreifing.
When the day 10 of getting point 3 is done, then you are READY, willing and able to find the CHANNEL FTT.
This is the first CHANNEL MODE Change of a day. Change is a MODE term.
Here at change we get to list a price in the Action section as well as the direction.
as you will see there is a way of estimating the time and price of the FTT location. This gets a separate post. I will get it typed up with an illustration.
When you do page changes on logs BE SURE TO CARRY FORWARD all the column information like stage and side of market in Action section.
when we do aLL the Beginner cycles for days 1 though 10 , then we will get the contract additions (40 poionts is the margin requirement to add a contract) done as a debreifing.
ESTIMATING THE LOCATION OF FTT
By the time you establish the Channel that starts the day, you do KNOW the rhythm of the day as determined by the active traders for the day.
The location of FTT can be estimated from the rhythm in terms of traverse of price and channel points frequency.
So do this:
1. Draw a horizontal line through point 2 going to the right. The end of range expansion test. This is a quicky PA pattern so far never mentioned in ET.
2. draw a fine line from point 1 to point 2.
3. copy the line and place the left end at point 3.
As we do more and more charts for channels, the arrival of FTT will be come familiar. Sometimes there are several traverses before the FTT shows up. But the rhythm still does persist.
A major clue for FTT coming up when several traverses are in vogue is that a Volatility Expansion (s) (VE) of the LTL preceeds the FTT. This is pleasant because these events all represent more and more money being made on any level of trading during the range expansion.
It is fun to pass this estimated point.
It means that the price is going into range exapnsion on the first channel of the day. It is a wake up call (positive one) for several things.
To be sure the FTT can still come up. What we will be looking at as time goes by is the set of dominant internals that are possible. these do lead to reaching the other side (LTL) by "struggling" a little.
They also represent how approaching a day's R or S comes about.
As the vocabulary gets used for what is now INT, more and more flavor is added to the monitoring. As time passes everything is taken in stride.
The bottom line on this is the emotions associated with the M of MADA. Emotions are associated with sensing. the binary nature of SCT keeps certainty on the table all the time. There is no betting or guessing. All the capital used in a while will only be from profits and all initial capital will be returned to its original sourse location. We are building the mind to have a first recourse. The emotional set with the sensing and using the first recourse is support, comfort and confidence. Do not expect any size changing as you sit at the display.
By the time you establish the Channel that starts the day, you do KNOW the rhythm of the day as determined by the active traders for the day.
The location of FTT can be estimated from the rhythm in terms of traverse of price and channel points frequency.
So do this:
1. Draw a horizontal line through point 2 going to the right. The end of range expansion test. This is a quicky PA pattern so far never mentioned in ET.
2. draw a fine line from point 1 to point 2.
3. copy the line and place the left end at point 3.
As we do more and more charts for channels, the arrival of FTT will be come familiar. Sometimes there are several traverses before the FTT shows up. But the rhythm still does persist.
A major clue for FTT coming up when several traverses are in vogue is that a Volatility Expansion (s) (VE) of the LTL preceeds the FTT. This is pleasant because these events all represent more and more money being made on any level of trading during the range expansion.
It is fun to pass this estimated point.
It means that the price is going into range exapnsion on the first channel of the day. It is a wake up call (positive one) for several things.
To be sure the FTT can still come up. What we will be looking at as time goes by is the set of dominant internals that are possible. these do lead to reaching the other side (LTL) by "struggling" a little.
They also represent how approaching a day's R or S comes about.
As the vocabulary gets used for what is now INT, more and more flavor is added to the monitoring. As time passes everything is taken in stride.
The bottom line on this is the emotions associated with the M of MADA. Emotions are associated with sensing. the binary nature of SCT keeps certainty on the table all the time. There is no betting or guessing. All the capital used in a while will only be from profits and all initial capital will be returned to its original sourse location. We are building the mind to have a first recourse. The emotional set with the sensing and using the first recourse is support, comfort and confidence. Do not expect any size changing as you sit at the display.
