Quote from jack hershey:
That is a super thoughtful post.
I was unable to understand from your posted chart how far you have come in trading. My apologies.
Your narration is terrific and it points to how a person can progree from the first skill level of beginner up to advanced expert.
If a person has worked through cycles 1 through 10 and is following the principles as he has detailed them out through the experienceof repetition, then he gets to the place where, from his mind, the series of inferences that you have narrated arrive on the scene to match the infolding sensing.
One of life's rules is that a person will be presented with the same challenge over and over until he decides to and meets the challenge and makes its solution part of his bag of tricks (or arrows in his quiver).
I did the cycles 1 through 10 to iteratively refine the trading all the way up to expert or advanced expert level.
It was so cool for me to read your narrations and recognize that you DO SEE the opportunites to trade and you know just why and how to make the trade. And you recognize that at all times there are but only two possibilities and one of them is correct and the only possible chioce at that event in the well known order of the events.
What all this means is that you DO take all the trades on the faster fractal and you also use the YM 2 minute chart to reveal the even faster fractal. Also you can bring to bear the 10 to 12 leading indicators of the ES price on this fastest observable fractal.
Congrats on taking the steps necessary to "put the pieces together". I'll go through your next two Q's right now.
No.
What all this means is that you HAVE TO take all the trades on the faster fractal because you don't have the slightest clue where you are in the order of events.
BUT in order to use YM 2 minute chart to successfully trade the faster fractal on ES, you NEED to know where you are in the sequence on YM.
Cause if you don't, you'd be fucked.
Since the only reason you MUST take all the trades on the faster fractal is because you don't know where you are in the sequence on ES, how one would ever able to know where they are in the order of events on YM. (Since they are not capable of accomplishing that same task on ES)
There is nothing orthogonal about this and George Boole would agree with me.
Anybody who doesn't understand this trivial line of reasoning needs to have their brains checked.
This shit is not even stupid. To call this stupid would be an insult to stupid people.
