Quote from TIKITRADER:
Jack,
you have an ftt of the container down at bar 40 correct?
next comes bars 42 to 47.
How do you handle this move? ( besides long on bar 42 . I am speaking of how it fits into bigger picture)
I see it has it's own pattern and thats easy enough.
How does this fit into the large red down container . . . as it is a fan out of the bar 36 right red trendline . . . but what is it building in the larger move? Is it all part of the retrace starting at bar 28 and ending on bar 47 ?
bar 47 on easy enough to see.
thanks
I try to point out that fractals are in relation to one another.
I also try to point out that there is a pattern.
Using deductive logic, it turns out that anyone can build his mind with these considerations in mind.
Think about how some people see up, down, up down up down over and over. In another thread there is a conversation about the probability of things repeating. It is suggested that 12 out of 20 times the up down pattern rerpeats. From that the person participating weave their ways to the fact that this is an "edge" and from that comes the deep and abaiding concept of letting winner ride and cutting loser short ASAP.
People believe this and act upon it and make X percent a year.
It may be possible to see the pattern on my charts. Long goes B2B 2R 2B. Short goes R2R 2B 2R. Also, perhaps a person can see that three moves complete a pattern. In those three moves are four volume moves leading price.
Up down is not a complete pattern. I read the price moves as left, right, left right, etc., as a matter of fact.
If a person can see trends (the topic I felt was the topic of the thread) have containers, it may be possible to see that any pattern in a container has three moves. Two moves cause it to be possible to make a container.
I make them ahead of time, anyways because I know I know the order of events.
What you are looking at is seven bars that begin a pattern and the pattern cannot go forward any further. The pattern started on bar 36 at the end of the prior pattern that ended on bar 37. This is a "context" that is arrived at by looking at thre fractals and keeping them nested in a way that simply comes from completing fractals.
some people look and call this orientation bizzare. It certainly is to them. they do not have minds that are dirrerentiated with respect to the logic of patterns, fractals and how fractals are nested by logical deductions. their minds have a vacuum or are empty or have hubris in the locations that could be filled. The mind deos not erase easily. The required biochemicals are not created easily and if they ar they are slow acting. Even before this, there has to be a mental reason to create erasing.
At bar 37 a short pattern begins on a BBT level. So do all faster fractals. They all begin in concert at the same moment. Lets say there are 10 faster fractals. This means some are very fast. Go down to the tick level of granularity. Three trades of one contract each can give three price moves; but it is not possible to have four volume moves at that level. So a few more contracts are invloved as a minimum.
Now, go back to your observation beginning at the wrong annotated time. You made some rules for annotating as you do. those rules are foreign to me in the sense that I do not use them but I do observe others being arbitrary. Being arbitrary does not solve deductive opportunities. It creates a sense of noise and anomalies. My person approach is to not have noise or anomalies since they are unreasonable and unreasoned.
The alternative is to have an paradigm that is unflawed in any way.
I begin on bar 37 to have a BBT short based on completing a BBT long pattern. The overlap of patterns is a deductive conclusion. During this period the old pattern is dominant.hvereds and only the new pattern is being formed in three parts or movements. Each of these has a RTL and is composed of its own three movements, etc and ad nauseum.
I must form an rtl for the short BBT. Here, in logic, we can deal with inequalities. By considering what is required for the short RTL to fail, I get around to the fact that if it is sloped positively, then a short is not possible. Because ticks are so large in granularity, this is never in doubt and when binary vectors are used things get simple. logically speaking.
as you see more and more of my charts, you may recognize I slip limiting cases in when it is important. I am trading and on the right side of the market all the time. But occasionally , I do have to switch sides.
from bar 37 onward I am short looking for point 2 of the BBT. It is on bar 40, so I am long now and looking for point 3.
Notice I get my money's worth on this hold long.
Your platform has a snippet on it that turns the background green. It is there because it is from the library of the platform provider because it was given to the programming staff of the corporation based in Colorado that has been working for three years to get their platform repaired.
The color we have placed on that platform as a consequence of persuasion, is there for you.
we are in a short tape and after point 3 of the short tape and going from point 3 to the ftt of the tape. So far we have put in some bars to get to point 2 of the short BBT 3 of the short tape.
then the green appears.
I logically determine that the short BTT 3 move 1 on sub 1 has just been cancelled. the logical reason is that the point 3 of the BBT 3 CANNOT BE FULFILLED IN ANY WAY WHATSOEVER EVER. THE LONG i AM MAKING MONEY IN IS JUST MAKING MORE MONEY THAN POSSIBLE FOR A FUTURE SUB SHORT TO EVER COMPLETE THE BBT 3 SO IT GOES TO THE SHORT TAPE FTT.
I know all of this because I put it in my mind a while back and it comes to mind as I trade unconsciously and competently.
It is my job to help you out. So I do it. I could pose a Q for you to figure out. I could tell you you made a mistake. What I do is inform you by persenting the logic of the matter.
All expert minds in SCT get the correct long term memory support at all times. it is because we give drills to those who work to differentiate their minds.
I simply squash the sub 1 short back into the BBT 2 long and let the sub 2 long continue to finish off the last sub 3 long of the BBT 2 long. that gets done by bar 47. this, then is a new point 3 on the short tape. since it is I FAN the RTL to show that.
What do I do at any point on a tape or BBT? I reverse to take the next sub to the next point 2 it gets to. On bar 55 I finally finsih BBT 3 and the short ape has its FTT there.
now we get to build a long tape out of three BBT's. As you see the long BBT is still under way and I have had to fan TWICE so far in building the BBT 1 out oif subs. So I repeat all of the above squashing and resuming and fanning my way to the next place to exit the market because the day has, yet again ended.
al I do is MADA. I answer three Q's each lap of MADA. I am on the correct side of the market making money.
I do not do anything arbitrary, ever. I keep all patterns rolling, fractals nested, and I annotate the leading indicators of ES price (seven of them).
So this is an interesting thread. The vendor OP has proved he cannot follow trends.
What I typed will help you.
Keep annotating so you see patterns completing on at least three fractals. The one you trade has to be in the middle. You see me trading subs. So I am observing sub subs.
I log 10 to 12 pages a day in 12 columns. I am only 77 going on 80.
Please take the trouble to do MADA and keep organized.
Make a list of the 25 trades today. What would doing 2 to 4 of them properly, yield? Using the rest of the time to keep things straight would be fun too.
What doi you thinkj it is like for a person who could not trade today? What is that person doing? He is frightened, anziious all the time, fearful for being in the market.
A person like that could say the thread is off topic. he could say there were no BO's today. He could come back to the thread and think it was off topic.
So what happens next? There is a flood of detractors and the moderator buries the thread in his fav place for TA threads of high quality. We all have another laugh on ET.
YVW, my pleasure.
Good question too. you are saving a lot of learning time by asking good Q's. So I am giving you a real workout.