There is no "system"

[jack hershey]

Well, there is no such thing as a "system" that guarantees certainty - at least one that will keep the FBI off your doorstep.

If you require certainty, trading is not the place for you to be.

The statement above is what you believe. As is well known anyone can believe anything they wish.

The complete system of the market's operation is certain; it has no flaws, no noise nor any anomalies.

In my case, I have proven and published this as a matter of record.

The consequence of this effort, is that I extract capital from any liquid market by taking the full offer of the market.

Most people find my viewpoint to be UNBELIEVABLE as you do.

Our difference lies in one simple place.

I gain Perception from sensing the market and combining this sensing with inference from my LTM.

Your LTM does not allow you to have this Perception.

Others who have similar inference as mine, get to have the Perception I have.

Most people are denied the correct inference because, in the course of learning, they acquired unproven knowledge and skills. This consequence is irreversible. mistaken beliefs cannot be erased from the mind.

 

[actionzip54]

Predicting is not a necessary part of trading. Those who think it is are just mentally deprived for their reasons.

A zig zag chart just shows groups of bars with the same dominant leg 2's: black , red, black, red, ad nauseum.

This is just a collection of profit segments that takes the full offer of the market.

Draw the zigs and zags ahead of the bar's formation.

Better still use signals from the independent variable (volume) which leads price, thee dependent variable.

Jack I really like what you are saying. Is this in any way related to price drivers? Because it seems very similar....

 

[Brahmastra]

Those who use bars-by bar analysis and decision making, observe the parts of bars. Abar may have three distinct parts. the second part is the dominant part of the bar. Both the first and third parts are non dominant.

I call these parts legs and I number them in the order of their appearance.

Often some legs are omitted.

MADA is a routine I use. By having a leading indicator of price, it means that a person can take the full offer of the market.

I the lagging indicator, price, I Monitor the legs. Price also "gives permission" to measure the independent variable. leg 2 is where, during the formation of the bar, permission is granted as price comes out of the shadow of the prior bar.

The system of operation of the markets is a COMPLETE system. All of the parts work in a "relative" manner. The market is literally "read". Learning English is much more difficult than the language of the market.

"Run, Dick, Run" may be in your library. You could show this work to a child and over a few days, she would be able to learn English.

Today, you have found out that 81 five minute bars show up to 243 price movements in a RTH's. the zig zag sum of these bars allows you to double capital in one to three days. Show a child a 5 min bar chart and ask her to connect bar extremes in a zig- zag manner. She will know what to do from the sound of zig and zag. With a string, sum the zigs and zags. Measure the sum in points. In three days or less, she will have a string more than 20 points long.

Zigs and zags can be several bars long. just group bars with the same dominant leg 2. To make this easy, color up leg 2's as black and color down leg 2's as red. children can do all of this quite easily.

Still don`t get what is the leg 2 of a forming bar?Can you please provide an image of what you talk?(no preface needed)

 

[jack hershey]

The US government has many department with various missions.

I get into rather serious differences of views with some of them.

Almost all encounters come from their reviewing records of my activities.

A few come from requests I make for permission to operate under their jursidiction.

Above I commented on a belief Bone expressed as a result of his learning.

Both the IRS and the SEC have views regarding my records in trading. In my case their separate views are opposite with respect to my market participation.

The SEC feels what I do is unbelievable and the IRS believes I am not giving them enough from what I do.

I do a routine (MADA) which "profiles" as criminal with the SEC. The IRS feels I file incorrectly, etc..

All lawyers I work with, feel I should not be able to look at the software of the SEC nor IRS.

The SEC determined that I "could not know as many people as they felt I had to know". It was determined that all of these unnamed people could not be working in synch with me as effectively as would have been required.

So Bone is like an SEC and has beliefs that are okay to believe but the beliefs are not rational or applicable anywhere.

The IRS sends me Q's to answer. they review and ask a great number of q's. I provide hundreds of pages in 2 weeks; they review for a year and require me to answer a largem for practical purposes.r set in the same two weeks. The IRS Congressional liaison now has a full time researcher finding out what is going on in the IRS to create this deadlock. Sub contrCTORS TO THE irs PREPARE THE q'S I MUST ANSWER.

At this point I do not take the government's intellectual processes seriously at all.

Here in ET, the bar is very low, intellect is not part of the forum for practical purposes.

Markets are very simple operating systems because of how they operate. In set theory, there can only be a small number of finite unique pieces. Putting the pieces together is done mathematically using a simple Algebra.

Extracting unlimited capital out of WALL St and elsewhere is about the simplest kind of problem solving imaginable. It starts with the granularity of the variables. If you left that out, then start over.

 

[jack hershey]

Jack I really like what you are saying. Is this in any way related to price drivers? Because it seems very similar....

What drives price is the independent variable and it is named volume.

The elements of volume are seven items. These items follow an Order Of Events. As a consequence, trends have an assortment of End Effects. All are defined uniquely.

An EE is a signal to end a trend (there are four types of trends) where a turn is occurring (there are three kinds of turns).

The the sytem of operation of the markets is a multifeedback set of loops where the two variables "flow" as the respective OOE's unfold.

No noise, no flaws, no anomalies. It is 100% certain at all times bar by bar and leg by leg of each bar.

QED.

Use SQL as a RDBMS.

 

[jack hershey]

Still don`t get what is the leg 2 of a forming bar?Can you please provide an image of what you talk?(no preface needed)

When I train people I ask them to take out a sheet of paper.

do this.

then use a Crayola to mark the paper. Draw down in red from the middle of the top half to the middle of the bottom half.

discard the red Crayola.

grasp a black crayola firmly.

to the right of the red vertical dominant line, about one inch to the right, press the Crayola into the paper. draw to the right an inch an hit the red line.

Turn the Crayola upward and draw upward parallel to the red line until you reach the top of the red line.

rest for a while and drink some chocolate milk made with a Hershey product.

sit back up in your chair at your table. regrasp the black Crayola.

Place the point on the bottom of the red line. Keep pressing and go up to the middle of the page. Add a flag to the right (1 inch) to show the closing value.

With a ball point pen in heliotrope draw arrows to the salient parts of the three legged bar.

note OHL and C values

note red line as leg 2.

note the black leg (before your rest period) as leg 1. note the black after rest period as leg 3.

Label the whole picture as "A short trending bar" Footnote as follows:

red is dominant direction of trend. (even leg only)

black is non dominant (odd legs only)

frame and hang in front of toilet in your bathroom.

 

[Brahmastra]

When I train people I ask them to take out a sheet of paper.

do this.

then use a Crayola to mark the paper. Draw down in red from the middle of the top half to the middle of the bottom half.

discard the red Crayola.

grasp a black crayola firmly.

to the right of the red vertical dominant line, about one inch to the right, press the Crayola into the paper. draw to the right an inch an hit the red line.

Turn the Crayola upward and draw upward parallel to the red line until you reach the top of the red line.

rest for a while and drink some chocolate milk made with a Hershey product.

sit back up in your chair at your table. regrasp the black Crayola.

Place the point on the bottom of the red line. Keep pressing and go up to the middle of the page. Add a flag to the right (1 inch) to show the closing value.

With a ball point pen in heliotrope draw arrows to the salient parts of the three legged bar.

note OHL and C values

note red line as leg 2.

note the black leg (before your rest period) as leg 1. note the black after rest period as leg 3.

Label the whole picture as "A short trending bar" Footnote as follows:

red is dominant direction of trend. (even leg only)

black is non dominant (odd legs only)

frame and hang in front of toilet in your bathroom.

Can you do a simple image of what you say?

 

[actionzip54]

What drives price is the independent variable and it is named volume.

The elements of volume are seven items. These items follow an Order Of Events. As a consequence, trends have an assortment of End Effects. All are defined uniquely.

An EE is a signal to end a trend (there are four types of trends) where a turn is occurring (there are three kinds of turns).

The the sytem of operation of the markets is a multifeedback set of loops where the two variables "flow" as the respective OOE's unfold.

No noise, no flaws, no anomalies. It is 100% certain at all times bar by bar and leg by leg of each bar.

QED.

Use SQL as a RDBMS.

Jack I'm talking specifically about price drivers that financier legend marketsurfer popularized. Can you elaborate on this topic?

 

[Brahmastra]

Is that it?

 

[Brahmastra]

What are the even/odd legs?