Quote from frenchfry:
The little details seem to escape my mind. "Turns", "dominant", "non-dominant", "segments", "EE turns", "colour change", "vector direction". I could show you on your charts where I might see what I think you mean and at the same time I could show you on your own charts where it doesn't seem to apply the same way. You talk about "turns", dominant or non-dominant. Maybe that is something different for you than when I talk about "moves", "segments", "vectors".
When you talk about "dominant vs. non-dominant" this is what I have in mind:
Dominant = Volume increasing in the direction of the price.
Non-dominant = Volume decreasing in the direction of the price
Thanks so much for your reply AND for the illustration.
We each work in different modes. So it is probably difficult for me to communicate to you,
When I post charts, I am showing how a RDBMS works. I see that you are using bunches of bars to describe your context for trading.
I also keep logs where a row on a log is a parcel of info on a display (where volume and price bars are in line with each other(vertically speaking).
In the upper left of the first illustration you show an Outside Bar (OB). I always have to divide my log row into two horizontal levels to record both aspects of the OB. See the list of PP's which contain PP4, PP5 and PP5a a few of the 13 PP's.
For me an OB is always two points on a geometric price annotation.
for me, trends overlap during a period beginning with the FTT and ending with the BO of the prior trend RTL. To describe the volume and price activity during this period does take some typing detail to keep things straight.
So at last I can see why you are usually mentioning my inconsistencies in my commentary. We definitely use a given name to describe different things.
I posted my chart of Monday last. I also mentioned how the zigzagging of periods of holds between reversals worked out for me. As you look at that chart, you can see that bar by bar, for me, only one unique thing is going on at that parcel of information (a five minute parcel).
So now I understand why you only go so far in being specific about things. You do see two things going on concurrently in various groups of nearby bars.
If a bridge were to be built across this dilemma that has been created, I would really have to think deeply about how to do that.
This week has been a complex one for me. I deal hour by hour with medical people all in their little silos not paying or heeding others.
We are removing an ion generator from Liz's hip and they do not even want to do blood panels on the ionizatiion levels (now half way to the poisoning level).
LOL the lawyers has had 100% of scientists decline to testify. and the lawyers do not understand the mechanism, its measure and its cure. No problem, paying scientists to solve problems has always worked.
We are happy though. We will get the ion generation stopped and we know how to monitor waste to see the residual ionization depart via the cleansing organisms of the body. we also have aguy that can induce the organs to proces these foriegn little ions out of the body. And we are keeping independent records that will pass any science quality level.
The trading profits are larger than Liz's problems and the implant manufacturer has admitted liability. So we just go through getting past this problem by solving it.
I can see you do have the price pairs in boxes and the boxes have background colors. But they are meaningless up to now.
you work with the dependent variable and note what is going on in the independent variable. How math works is to go from the independent variable to the dependent variable. But is has to be done bar by bar.
the notes on your illustration are journal notes and do not represent the power of the independent variable Test Procedure OOE. So it looks like you do not monitor and analyze charts as real time passes. A while back years were spent doing boot camps to get the MADA routine to sink in. It didn't.
I like the cold start and spending 20 days doing purposeful work. Mostly because I remember that personal sequence I went though.
I'll spend the next few days looking at your post and illustration.
Thanks again for your detailed reply. I'm beginning to get the picture of where you are. I remember it took months to get a doctor in London to buy a color printer. But two years later he bought a ticket to NYC to meet others who were cool traders. We picked 70 out of 700 to attend.
Covel just talked about a phone call interview. Will he and MS and perkerlo ever get to see the markets? it doesn't look like it.
