Volume

[jack hershey]

Quote from iamdom:

Sorry but the entire 5th grade class is busy helping him find a way to post his trading record

Maybe you could help out here.

I am going to run a journal where moderators will delete all detractor posts.

Questions will be encouraged by thoughtful ET members who are demonstrated workers.

The journal record will have my SCT automated trading results.

It will be trading about 10 accounts where one account is a primary account and all others are linked in and only contain initial capital. After the market capacity is reached weekly sweeps will occur.

I have asked ET members to input me on the type of content and the form for my posts. No noe has responded with any detail.

I trade intraday.

My prime strategy is continuing to be on the sentiment side of the market. Making money takes care of itself.

If you have the capability to monitor trading accounts, could you suggest a format and the related content that could be used to achieve the goal of providing a sufficient record and, at the same time, not informing the greedy on how to do the same.

There are a lot of posts wher people indicate their trading results. They take all forms. Often detractors, spoil the reporting of others with bullshit comments. I expect rapid, succinct, accurate moderation to keep the journal pristine.

 

[jack hershey]

Quote from jack hershey:

The open is short.

reversals after thebar 69 reversal include reversals on bars

71 and 76.

I go flat before bar 78 so I only held the short for less than 2 bars.

bar 78 advanced one peak as required.

After that we had a lateral and there is a context of never having a T1 in this trend.

Being on the correct side of the market takes precidence over making money. the reason is that making money takes care of itself.

The open was short.

reversals followed on these bars:

6, 17, 19, 27, 30, 39, and 49

as of bar 51 @ 227 seconds of count down.

 

[frenchfry]

Quote from jack hershey:

The open was short.

reversals followed on these bars:

6, 17, 19, 27, 30, 39, and 49

as of bar 51 @ 227 seconds of count down.

Just to be sure I understood it correctly... on the open you are short and then reverse long on bar 6, short 17, long 19, etc.?

If that is correct, then on my chart it looks like pretty crappy trades. Could you please double check?

Thanks.

 

[jack hershey]

Quote from frenchfry:

Just to be sure I understood it correctly... on the open you are short and then reverse long on bar 6, short 17, long 19, etc.?

If that is correct, then on my chart it looks like pretty crappy trades. Could you please double check?

Thanks.

My bad.

6 was 8

After the 49 the trades were:

54, 58, 60, 63, and 67

as of bar 72 @ 177 secs.

 

[traitor786]

Quote from Mysteron:

This is a sad thread indeed

The OP with an unfortunate handle, searching for a way forward.

FWIW There is just one that I see that can help you right now, and not me for sure. Why is the obvious not so obvious???

Thanks for the change of pace (as you seem to imply). I'm just a bit curious about your need to raise my curiosity?

Or should I go down the quagmire of reading "Why is the obvious not so obvious???" that has taken pages to yet answer ?

 

[mcdull]

Quote from jack hershey:

My bad.

6 was 8

After the 49 the trades were:

54, 58, 60, 63, and 67

as of bar 72 @ 177 secs.

Hi Jack:

Were trades 54,58,60,63,67 on the tape fractal? these trades don't look like on the traverse fractal.

Thanks!

 

[jack hershey]

Quote from mcdull:

Hi Jack:

Were trades 54,58,60,63,67 on the tape fractal? these trades don't look like on the traverse fractal.

Thanks!

yes they are on the trading fractal except when the lateral bars reach 7. At that time a retro analysis is done and, on lat 7 a stategic trade is done to assure being on the coorec side of the market.

For Thursday (07FEB13):

the open entry was short.

Then reversals occurred (which reflect market sentiment changes) on 5 min bars ( people know what I trade):

16, 21, 31, 43, 48, 54, 64, 70, and 75.


The open for Friday is long.

 

[jack hershey]

The reason I post my trades is so a person can annotate from the beginning to end of each trade.

All trends follow one pattern of interlocking volume leading price.

Drills build the mind by following a MADA process.

It is extremely important to NOT follow the CW's OODA process of betting and hoping.

"Following" does not work either.

The world of expert trading takes place mentally in the "future" just ahead of the present.

As the future approaches and comes into the Present (where behavioral Action takes place.)

Behavioral action is a consequence of decisions.

At all moments of thinking an expert "knows that he knows". This is a consequence of the science of perception where preception is a weighted sum of sensing (10%) and inference(90%).

Inference comes from learning. My theory of learning is known and accepted by professions.

Acquiring knowledge and skills is proven by their pragmatic use.

you may be able to read this post. the reason you can read is is because your mind has a reading package you earned by doing the drills you were required to do.

reversals occur every so many bars.

You need a "reading" package for "reading" the "Language" of the market.

All of the trend "words" have been posted. There are 21 words.

I have typed many many more English language words in this post.

Any person can acquire 21 words by learning to read price and volume.

A while back I asked the OP to do the 10 words of price. He still uses bars that do not represents the 10 words he could have drawn out. I asked him to put each word on a separate page. He could not find paper (it is in his printer and in a printer package of paper).

In English, words stand alone. Here are stand alone words in a row.

Price words are all second bars in a pair of bars.

Here is a price bar changing names:

SYM>>>>FTP>>>>Hitch>>>>Stitich>>>>>OB. It had 300 seconds to count down. SYM (300)>>>>FTP (278)>>>>>hitch (163)>>>>>>half way through the forming (150)>>>>stitch(73)>>>>>>>>>OB (17).

I note this on each bar. My log has columns for the information.

More important is the volume.

So I invented a tool called PRV. Pro Rata Volume. All it does is give the "reader" a shadow of what the bar will be at ZERO seconds. I think. I only think about following MADA when money is being extracted out of the markets by my account which works for me all day long every second of the day.

Monitoring (this includes pasting the name on each volume and price bar)

Analyzing (I never find anything new); I always "know that I know the 21 words) I know all 21 words; my feelings inform me: support, comfort and confidence; my only feeleings. If I notice a tinge of fear, anxiety, or anger, I "know I do NOT know". I eliminate this in 10 to 100ms.

When I play 21 in Vegas I carry an ice bucket I do MADA and keep a card count. My chips sit and make money for me. I sweep my pile when space is limited. I watch the pit supervisor, I listen for his cricket. This means I have to learn to "read" a new dealer. I keep track of how long this dealer lasts.

decisions I decide on every price and volume bar. I have five entwined specific task series to do every bar. If I reverse, I annotae later. None of this is a conscious effort.

I am ski racing on a black diamond set of chamionship gates. I know I know how to take the next "H" gate or any other gating. Spaulding provides my ski poles; I cannot tell if I have snapped one with my ski when I land part way through an "H"gate. I only find out on the next "pick". Then I let to pole go; I can't use it anymore.

Action. CW OODA action is finding out if the bet worked....LOL.....

For me action is "timely" meaning I am carving using leading indicators. This is a strategic moment where I see partial fills doing like a gas pump right next to the DOM limit orders I am wiping out before the pile zero's out. I know that I know I have to initiate before the pile is smaller than my position. I am using market to take out limits. My gas pump print is unreadable a blur) as partial fill after fill spin through. All the extra chips are added to the capital automatically by having the % there instead of a # of contracts.

The mind is built by doing work in the form of drills. My log is invincable.

I find out what the type of the End Effect is AFTER the reversal. The CW targetting is utter bullshit. You all saw marketsufer reach his 1000 point target when his FREAKOUT COUNT was a mere 60% of the target. He did not know what was going on so painfully he became a QUTTER of his trading approach. He was never trading, he was "investing in his mindfucking himself".

 

[traitor786]

Thanks for the post Jack always appreciated.

 

[burt_schroder]

Quote from jack hershey:Drills build the mind by following a MADA process.

It is extremely important to NOT follow the CW's OODA process of betting and hoping.

"Following" does not work either.

The world of expert trading takes place mentally in the "future" just ahead of the present.



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