Two recent failures on my part are noted in this thread and in the closed thread on automating SCT. Both people I engaged with were vertically oriented and are now locked into that orientation for the forseeable future. My words and graphics fell on deaf eyes that were disabled by the locked in inference supplied by long term memory attained through drills and reptition of CW which is iconoclastically trapped in a vertical orientation.
If a person can begin with right and left boundaries, then he can begin to think and build his mind in terms of sequences.
Aside from vertical and horizontal there is the question of sequences. As we all saw the academic community did vertical tests on TA and got stuck at the first level of not having any expertise. This is a boon to parasitic traders who frontrun the herd. Rcanfiel (now traderzones) was mesmerized by this vapid reasoning o his part.
One of the classic yields in recent Years is in information theory. The division of the two main streams, unstated, is vertical and horizontal in terms of applied mathematics to markets. Maesurements are either made vertically or horizontally.
A weighpoint on the way to sequences is certainty. To have sequences certainty is required. Certainty grows out of the sufficiency arguments of non probabilistic information theory. A sucet of the proposition is to not be able to find anomolies as the path to advanced expert is attained.
For the probabilistic oriented types this is statistical insignificance in the third significant figure using 400K sample sizes in liquid markets.
For beginners, working in the outside envelope of three fractals, it is a matter of trading the long diagonal of a channel where the channel beginng point and end point is the same phenomena determined horizontally using the sequencing of the slowest annotated channel. This is not a challenge from about fourth form onward educationally speaking. In the fourth form a child can read music, play music, sing. He can also read and write and spell and memorize lyrics. These are mostly all a result of using the operators for spatial, movement and shape. My son could also plow (multi bottom) and disk after sunset at that age without pulling clay.
A advanced beginner does the same for the middle fractal where he trades (15) traverses using an identical horizontal template the beginner uses for channels.
The next level and before intermediate, the trader adds no trades but makes an additional point per trade (15 points on average per day) thrpough the use of the orange boxes I put up for ironfist in this thread. Orange boxes are internal formations and patterns that occur on traverses of channels.
The sequences involved in these three levels of expertise are shown daily on log entries. The sequences are "repeatable" and are described in horizontal terms.
All beginner trades start on the Right Trend Line and move away from the RTL to the end of the channel where Price Fails To Traverse on its last attempt to reach the Left Trend Line. The last attempt is after the channel (RTL, then LTL) has been annotated. As we saw ironfist dissagreed with this because he could not know what was necessary to trade as a beginner.
The Sequence for the Beginner is Pt1, pt2, and pt3 and FTT (pt1 of next channel) and reverse @ FTT. There are 4 to 7 of these on average per day.
Advanced beginners trade traverses between points using tapes of traverses. This is about 15 trades a day going from right to left then left to right. I showed three trades on ironfist's chart to illustrate this for the part of the day shown. The beginner trade would have been long and lasted longer than iron fist's chart.
Point 1 to point 2 is always from right to left. Point 3 to point 3 is always left to right. The FTT is after point 3. Volume is increasing from point 1 to point 2; volume is decreasing from point 2 to point three. As any point is reached volume changes its formr behavior and that is the signal that price has completed its effort. So it looks like volume is done vertically. Actually volume is done as a first derivative with respect to time which makes the cacluation a horizontal one that is certain (binary).
Everything in trading is done in a binary manner.
Take the the early exit syndrome of the vertical trader. Why did the chart of that trader show this syndrome. Uncertainty is the answer. This is where the anxiety, fear and anger come from in posts of vertical traders.
I'll take a beginner on a hike in the volume mountains. I do this so a vertically oriented person can "see" a reversal and trade without looking at price. A person doesn't need to see price to trade horizontally.
The hike starts at the beginning of the day. Put on your pack and hike up a black blazed trail. Blazes are colored swatches painted at eye level on trees where the bark is removed to smooth the cambrium for painting. Take the black trail to the peak. The peak is labelled (point 2 and B2R) and look about for the red trail. Beginners and advanced beginners hike along together and beginners hold and advanced beginners reverse on each trail color change. All hike onward on the new red trail leaving the peak going towards the next valley where a stream is located. At the edge of the stream we cross and pick up the new black trail (crossing is labelled point 3 and R2B). The beginners hold and the the advanced beginners reverse. The black trail has the same EC (elevation change) but is not so long as the fist black trail and at the peak the the label is FTT (and point 1 and B2R) and the trail changes back to red again. Everyone reverses here and the we head into the next valley where a bridge labelled BO and R2R) carries the red trail across the bridge and the steepness of the red trail really picks up as we all hike all the way to the next peak.(labelled point 2). The beginners hold and the advanced beginners reverse at point 2.
Beginners hold through all trail color changes and only trade FTT peaks. Advanced beginners reverse at each trail color change. Going from right to left is not spoken of but it is the up parts of volume trails (increasing volume). Going from left to right is going down volume trails.
A beginner learns to reverse on volume peaks labelled FTT because an FTT peak is described and labelled repeatedly by the map he is following. An FTT is a volume peak where the trail Failed To Traverse from the right trend line valley to the left ridge line because ther is a peak before the left ridge line in the distance is reached.
Fourth formers love to read the National Geographic and they like to be in cub packs or starting out in scouting after cubbing. Day hikes are fun and they can do compass and map reading of the terrain. Volume is the terrain and the trail color is the price trail that goes away from the valley as a dominat traverse and towards the valley as a non dominant.
The FTT marked the beginning of the overlap of a long trend's ending and the beginning of a short trend's beginning. The bridge over the stream at BO markef the end of the overlap and the red trail continued up the next volume mountainside.
Greaterreturns couldn't do the hike. He was looking for MLR's as shortcuts to the valley by bushwacking. He avoided peaks and got to a swamp as others posted their peak bagging prints. He is vertically oriented and left and right are meaningless to him.
Mr Black is trading 1 contract and bagging 5 to 7K every day in Bulgaria. A month for him on one contract is 100,000 dollars. I suggest that he put 5 or 10 contracts in his day pack and if he wishes he can purchase an automobile every day from now on.
Sequences of points and FTT's get a beginner and an advanced beginner to more profits per day than the margin on a contract. By adding to your day pack, more and more contracts a print goes in 5,000 dollar daily steps to 10,000 daily steps and doubles as frequently as a day passes each day.
No one has to step off the trail, it is colored showing the right side of the market. It is very easy to hike up and down volume mountains. At peaks there are R2B's or B2R's In valleys there are either R2B's and B2R's OR R2R's and B2B's. the trail doesn't change color on R2R's nor does it change color on B2B's on these bridges across streams in valleys called troughs.
If a person can begin with right and left boundaries, then he can begin to think and build his mind in terms of sequences.
Aside from vertical and horizontal there is the question of sequences. As we all saw the academic community did vertical tests on TA and got stuck at the first level of not having any expertise. This is a boon to parasitic traders who frontrun the herd. Rcanfiel (now traderzones) was mesmerized by this vapid reasoning o his part.
One of the classic yields in recent Years is in information theory. The division of the two main streams, unstated, is vertical and horizontal in terms of applied mathematics to markets. Maesurements are either made vertically or horizontally.
A weighpoint on the way to sequences is certainty. To have sequences certainty is required. Certainty grows out of the sufficiency arguments of non probabilistic information theory. A sucet of the proposition is to not be able to find anomolies as the path to advanced expert is attained.
For the probabilistic oriented types this is statistical insignificance in the third significant figure using 400K sample sizes in liquid markets.
For beginners, working in the outside envelope of three fractals, it is a matter of trading the long diagonal of a channel where the channel beginng point and end point is the same phenomena determined horizontally using the sequencing of the slowest annotated channel. This is not a challenge from about fourth form onward educationally speaking. In the fourth form a child can read music, play music, sing. He can also read and write and spell and memorize lyrics. These are mostly all a result of using the operators for spatial, movement and shape. My son could also plow (multi bottom) and disk after sunset at that age without pulling clay.
A advanced beginner does the same for the middle fractal where he trades (15) traverses using an identical horizontal template the beginner uses for channels.
The next level and before intermediate, the trader adds no trades but makes an additional point per trade (15 points on average per day) thrpough the use of the orange boxes I put up for ironfist in this thread. Orange boxes are internal formations and patterns that occur on traverses of channels.
The sequences involved in these three levels of expertise are shown daily on log entries. The sequences are "repeatable" and are described in horizontal terms.
All beginner trades start on the Right Trend Line and move away from the RTL to the end of the channel where Price Fails To Traverse on its last attempt to reach the Left Trend Line. The last attempt is after the channel (RTL, then LTL) has been annotated. As we saw ironfist dissagreed with this because he could not know what was necessary to trade as a beginner.
The Sequence for the Beginner is Pt1, pt2, and pt3 and FTT (pt1 of next channel) and reverse @ FTT. There are 4 to 7 of these on average per day.
Advanced beginners trade traverses between points using tapes of traverses. This is about 15 trades a day going from right to left then left to right. I showed three trades on ironfist's chart to illustrate this for the part of the day shown. The beginner trade would have been long and lasted longer than iron fist's chart.
Point 1 to point 2 is always from right to left. Point 3 to point 3 is always left to right. The FTT is after point 3. Volume is increasing from point 1 to point 2; volume is decreasing from point 2 to point three. As any point is reached volume changes its formr behavior and that is the signal that price has completed its effort. So it looks like volume is done vertically. Actually volume is done as a first derivative with respect to time which makes the cacluation a horizontal one that is certain (binary).
Everything in trading is done in a binary manner.
Take the the early exit syndrome of the vertical trader. Why did the chart of that trader show this syndrome. Uncertainty is the answer. This is where the anxiety, fear and anger come from in posts of vertical traders.
I'll take a beginner on a hike in the volume mountains. I do this so a vertically oriented person can "see" a reversal and trade without looking at price. A person doesn't need to see price to trade horizontally.
The hike starts at the beginning of the day. Put on your pack and hike up a black blazed trail. Blazes are colored swatches painted at eye level on trees where the bark is removed to smooth the cambrium for painting. Take the black trail to the peak. The peak is labelled (point 2 and B2R) and look about for the red trail. Beginners and advanced beginners hike along together and beginners hold and advanced beginners reverse on each trail color change. All hike onward on the new red trail leaving the peak going towards the next valley where a stream is located. At the edge of the stream we cross and pick up the new black trail (crossing is labelled point 3 and R2B). The beginners hold and the the advanced beginners reverse. The black trail has the same EC (elevation change) but is not so long as the fist black trail and at the peak the the label is FTT (and point 1 and B2R) and the trail changes back to red again. Everyone reverses here and the we head into the next valley where a bridge labelled BO and R2R) carries the red trail across the bridge and the steepness of the red trail really picks up as we all hike all the way to the next peak.(labelled point 2). The beginners hold and the advanced beginners reverse at point 2.
Beginners hold through all trail color changes and only trade FTT peaks. Advanced beginners reverse at each trail color change. Going from right to left is not spoken of but it is the up parts of volume trails (increasing volume). Going from left to right is going down volume trails.
A beginner learns to reverse on volume peaks labelled FTT because an FTT peak is described and labelled repeatedly by the map he is following. An FTT is a volume peak where the trail Failed To Traverse from the right trend line valley to the left ridge line because ther is a peak before the left ridge line in the distance is reached.
Fourth formers love to read the National Geographic and they like to be in cub packs or starting out in scouting after cubbing. Day hikes are fun and they can do compass and map reading of the terrain. Volume is the terrain and the trail color is the price trail that goes away from the valley as a dominat traverse and towards the valley as a non dominant.
The FTT marked the beginning of the overlap of a long trend's ending and the beginning of a short trend's beginning. The bridge over the stream at BO markef the end of the overlap and the red trail continued up the next volume mountainside.
Greaterreturns couldn't do the hike. He was looking for MLR's as shortcuts to the valley by bushwacking. He avoided peaks and got to a swamp as others posted their peak bagging prints. He is vertically oriented and left and right are meaningless to him.
Mr Black is trading 1 contract and bagging 5 to 7K every day in Bulgaria. A month for him on one contract is 100,000 dollars. I suggest that he put 5 or 10 contracts in his day pack and if he wishes he can purchase an automobile every day from now on.
Sequences of points and FTT's get a beginner and an advanced beginner to more profits per day than the margin on a contract. By adding to your day pack, more and more contracts a print goes in 5,000 dollar daily steps to 10,000 daily steps and doubles as frequently as a day passes each day.
No one has to step off the trail, it is colored showing the right side of the market. It is very easy to hike up and down volume mountains. At peaks there are R2B's or B2R's In valleys there are either R2B's and B2R's OR R2R's and B2B's. the trail doesn't change color on R2R's nor does it change color on B2B's on these bridges across streams in valleys called troughs.