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The Stochastic Indicator
- Thread starter jack hershey
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I am having trouble understanding jack last post, could someone maybe post the times or price values for a couple of the points he is talking about.
Here we go.
I want you to know a very important thing about each of yourselves.
I have done something that you need to thoroughly understand.
Lets focus on you. You now have the singular tool you need to correct all the past difficulties you have had.
Anyone anywhere can use this with any method they have and simply work their way out of every problem they have making money.
Use the flaw card approach as a card that applies to all mistakes that hit you or come your way. Make up a card for each defined thing that hits your space. If you do sequences it is very easy. If you don't it is different.
This card is a is neutral card, meaning it applies to your situation as a person. Everyone proceeds to get better as they go along. People who buy into full blown programs and take a plunge can use their personal logs to ID stuff that needs dealing with.
There is a kindred connection to flaws and early bad experiences people have. We know flaws tell us to act and we act as required. Bad experiences rate cards too.
I will use the "hair trigger" card as an example. It lets me make the key point for showing how cards can solve all problems. We know flaw cards are able to tell us what to do. These other cards relate to another kind of situation. They all relate to how what a person does affects making money.. Flaw cards deal with what the market does and how we follow suit to make mopney in the market.
A person is operating. He has a personal "hair trigger".
On the other side of the card there is written what is on the other side of all such cards. It says "Where did you acquire this?"
Nothing comes with the territory. It all comes from somewhere.
The real process of dealing with person situation cards is to replace the picture that is the present trigger with the proper picture.
We have definitely dealt with the hair trigger card. I mostly used a point 3 focus. We got through point 3. Some pervasive hair triggers called for getting to point 2.
You look ahead to the sequential action to write the answer on a flaw card. For personal situation cards of every sort, you look back in time at yourself and see the picture you have. You dig very deep and define the picture.
I use four steps with mentorees. I use the steps several times in an hour at the beginning These steps take more time at the start than anything else.
You get the picture drawn out. You seek and discover exactly what you need to replace it. (this is the key to mentoring: finding pictures and replacing them).
there is one question that answers what is needed. The question is a process question.
"What do you want to happen?"
Today someone did a thread. He said I have a hair trigger and I missed 12 points by getting out early.
He did not say what he wanted to happen. He asked other things.
After you define the picture that is present, step 2 is to define what you want to happen.
The answer to the hair trigger is: I want to stay in each trade as long as I can make money.
I request that the person reaffirm that and add to it any caveats he needs. There are none usually. making a statement like "Iwant to stay in the trade as long as I can make money (right to the end of it), is the place to go to. This is as far away from being a hair trigger as you can get.
The last thing (4th step) is to move on. Just move on and spend your time with what comes up.
You have seen people here get through hair trigger. they are oriented towards focussing on what they need to be doing. They face directly away from hair trigger land.
you can examine exactly where you are and how you got there.
In elsewhere in ET there are some really tough nuts to crack. You see them taking laps on the same problem. They have never changed one picture they have. We thoroughly know the pictures. if you look at threads, you see mostly statements about problems and ellucidations ad nauseum.
The required followon to this kind of stuff is to answer thoroughly "What do you want?" Affirm what you want and move on.
Erase and then make a space for the picture you want.
You are then asking to learn and you have a place for what you learn.
whenwe worked through hair trigger here we worked through in detail slowly getting all the way to a new point 3 then looking at the failure to traverse and seeing the VDU come on the scene. this is not a personal solution seemingly. It looks like dealing with the market.
Actually is was a personal thing. There were people facing directly away from hair trigger. There were people sweating and holding. People stuff. People said later when they made mistakes about whatever, they said I will review how I handled that successfully before. I will check out how I did that right.
This is dusting off behavior that is there and operational and looking at the contemporary situationas a mistake made departing from the normal.
Bring up what screwy (personal situation card). Go through remedying it. Use the remedy. See if and when you do not deploy, you see it as a mistake. Review and iteratively refine. This reestablishes your remedy.
When you have a problem making money, it is a personal situation. We know absolutely that flaws are market signals for action in making money. You now know that if there is not a market flaw there to act upon and you are not making money that you have a person situation to make a card on and do the four steps. You will always get a remedy.
Here is a bottom line fact. If you have the consciousness to discern a problem, you absolutely have the skill, knowledge and experience to solve the problem. It may be hard to do. You may have to turn the problem into another problem by partial solutions. But in the end you do solve all of the problem you discerned.
We now separate market flaws and presonal situations. Because you are now reading the first sentence over again you will also see that you are very comfortable with dealing with person situations.
I am doing an edit on stuff and putting it in journals. you will notice my runon first passes copy at stuff are easier to read when you do. As you do your personal journals, which meld thisstuff into your approaches, you will find fewer and fewer personal situations. you all do show yourselves as having really clear and strong pictures about more and more of this stuff.
People here are getting "realizations". They are spending more and more time in "text book situations".
The enerrgy levels and the cleaner filters are visible to me in the posts I read.
That "push" at the end of the day really sets us up for tomorrow.
I want you to know a very important thing about each of yourselves.
I have done something that you need to thoroughly understand.
Lets focus on you. You now have the singular tool you need to correct all the past difficulties you have had.
Anyone anywhere can use this with any method they have and simply work their way out of every problem they have making money.
Use the flaw card approach as a card that applies to all mistakes that hit you or come your way. Make up a card for each defined thing that hits your space. If you do sequences it is very easy. If you don't it is different.
This card is a is neutral card, meaning it applies to your situation as a person. Everyone proceeds to get better as they go along. People who buy into full blown programs and take a plunge can use their personal logs to ID stuff that needs dealing with.
There is a kindred connection to flaws and early bad experiences people have. We know flaws tell us to act and we act as required. Bad experiences rate cards too.
I will use the "hair trigger" card as an example. It lets me make the key point for showing how cards can solve all problems. We know flaw cards are able to tell us what to do. These other cards relate to another kind of situation. They all relate to how what a person does affects making money.. Flaw cards deal with what the market does and how we follow suit to make mopney in the market.
A person is operating. He has a personal "hair trigger".
On the other side of the card there is written what is on the other side of all such cards. It says "Where did you acquire this?"
Nothing comes with the territory. It all comes from somewhere.
The real process of dealing with person situation cards is to replace the picture that is the present trigger with the proper picture.
We have definitely dealt with the hair trigger card. I mostly used a point 3 focus. We got through point 3. Some pervasive hair triggers called for getting to point 2.
You look ahead to the sequential action to write the answer on a flaw card. For personal situation cards of every sort, you look back in time at yourself and see the picture you have. You dig very deep and define the picture.
I use four steps with mentorees. I use the steps several times in an hour at the beginning These steps take more time at the start than anything else.
You get the picture drawn out. You seek and discover exactly what you need to replace it. (this is the key to mentoring: finding pictures and replacing them).
there is one question that answers what is needed. The question is a process question.
"What do you want to happen?"
Today someone did a thread. He said I have a hair trigger and I missed 12 points by getting out early.
He did not say what he wanted to happen. He asked other things.
After you define the picture that is present, step 2 is to define what you want to happen.
The answer to the hair trigger is: I want to stay in each trade as long as I can make money.
I request that the person reaffirm that and add to it any caveats he needs. There are none usually. making a statement like "Iwant to stay in the trade as long as I can make money (right to the end of it), is the place to go to. This is as far away from being a hair trigger as you can get.
The last thing (4th step) is to move on. Just move on and spend your time with what comes up.
You have seen people here get through hair trigger. they are oriented towards focussing on what they need to be doing. They face directly away from hair trigger land.
you can examine exactly where you are and how you got there.
In elsewhere in ET there are some really tough nuts to crack. You see them taking laps on the same problem. They have never changed one picture they have. We thoroughly know the pictures. if you look at threads, you see mostly statements about problems and ellucidations ad nauseum.
The required followon to this kind of stuff is to answer thoroughly "What do you want?" Affirm what you want and move on.
Erase and then make a space for the picture you want.
You are then asking to learn and you have a place for what you learn.
whenwe worked through hair trigger here we worked through in detail slowly getting all the way to a new point 3 then looking at the failure to traverse and seeing the VDU come on the scene. this is not a personal solution seemingly. It looks like dealing with the market.
Actually is was a personal thing. There were people facing directly away from hair trigger. There were people sweating and holding. People stuff. People said later when they made mistakes about whatever, they said I will review how I handled that successfully before. I will check out how I did that right.
This is dusting off behavior that is there and operational and looking at the contemporary situationas a mistake made departing from the normal.
Bring up what screwy (personal situation card). Go through remedying it. Use the remedy. See if and when you do not deploy, you see it as a mistake. Review and iteratively refine. This reestablishes your remedy.
When you have a problem making money, it is a personal situation. We know absolutely that flaws are market signals for action in making money. You now know that if there is not a market flaw there to act upon and you are not making money that you have a person situation to make a card on and do the four steps. You will always get a remedy.
Here is a bottom line fact. If you have the consciousness to discern a problem, you absolutely have the skill, knowledge and experience to solve the problem. It may be hard to do. You may have to turn the problem into another problem by partial solutions. But in the end you do solve all of the problem you discerned.
We now separate market flaws and presonal situations. Because you are now reading the first sentence over again you will also see that you are very comfortable with dealing with person situations.
I am doing an edit on stuff and putting it in journals. you will notice my runon first passes copy at stuff are easier to read when you do. As you do your personal journals, which meld thisstuff into your approaches, you will find fewer and fewer personal situations. you all do show yourselves as having really clear and strong pictures about more and more of this stuff.
People here are getting "realizations". They are spending more and more time in "text book situations".
The enerrgy levels and the cleaner filters are visible to me in the posts I read.
That "push" at the end of the day really sets us up for tomorrow.
Quote from nwbprop:
I have been bracketing and doing pretty well. I was just wondering what other slalomers where doing today. At what time did you bracket or do you bracket on vdu? I have been doing a bunch of washes this afternoon with a with a few 10 cent plays. Great day for me. Up 150 cents(15pts). thnks Jack.
jc
Kwel Kwel Kwel. ugh
I look at my fingers
Kewl
the VDU was a "change" signal for intermediates and experts. this means an exit that is done with a reversal.
You go long and set the periodicity by following the trend to completion. Itis a narrow long trend points 1,2,3 etc.
You do not leave the "change" modus. The cardinal reason is that the volume level is staying the same.
Notice big time, I mean big big time that you have a rising trend on low volume. Put this in your IT trem fractal considerations.
the indicators take you out of the trend AGAIN it is a reversal because of being in the "change" modus.
You find yourself on the prior reversal value at 15:00 plus.
Look at the divergence on the STOC after 50% (not before). It is sustained. At about 990 your reverse. prorata volume is picking up past the prior bars every bar. MACD maintains divergence until the MOC exit.
Quote from oddiduro:
Okay Icarus, run throught the bracket and short on the break, I am not sure I understand this concept, as I saw no viable trades during the DU period.
Cheat a little on steady low volume. On the 5 go to a scale more fine than the 10 point. I go to 5 point divisions.
You also do not have a VDU flaw card for experts.. It says go to change mode. You reverse on the exit.
Beginners are using a VDU flaw card that says Exit. They do. they make money.
If you missed the VDU it is nota ploblem. you will not ever miss another VDU. VDU sticks to absolutely everyone when they learn it.
If they set up stars for making money in Hollywood sometime, there will be a VDU star there.
"The point is this: I want you to be in fractal heaven. I am getting you to a place where you can dicern what fractal to be on by looking at the performance of the indicators signals we use to make money."
I have had this question for a couple days. When you talk about using different fractals you regularly use the same ones, 1,(3), 5, 15, 30 etc. It was very kewl to see that a iceberg on the 5 min could be a rocket on the 15... I recognize the need for simplicity and keeping everyone in the same place but i was wondering;
are these simply the fractals that work best, and they are sort of a 'perminant' gift, or at times is there a different optimizal fractal in between. what I mean is this once you have a trend channel, when you bounce of the right side it occurs at the 80-20 stoc if you are on the right fractal. couldn't you search for the right fractal that put these two things in line and then get a 'cleaner' signals from this?
thanks again
I have had this question for a couple days. When you talk about using different fractals you regularly use the same ones, 1,(3), 5, 15, 30 etc. It was very kewl to see that a iceberg on the 5 min could be a rocket on the 15... I recognize the need for simplicity and keeping everyone in the same place but i was wondering;
are these simply the fractals that work best, and they are sort of a 'perminant' gift, or at times is there a different optimizal fractal in between. what I mean is this once you have a trend channel, when you bounce of the right side it occurs at the 80-20 stoc if you are on the right fractal. couldn't you search for the right fractal that put these two things in line and then get a 'cleaner' signals from this?
thanks again
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