Quote from frenchfry:
third part...
Thanks for all you work and questions.
I can see you are working hard and your effectiveness and efficiency will improve.
Laterals are tough to deal with and you do need to log.
Years ago I suggested that logging was messy, but it is also spectaculalarly informative to others.
thank you for using Excel to make a log.
It ttok me about a month to learn how the markets worked and I only had the WSJ on a daily basis. From day one I made money by just placing orders and taking profits in position trading.
In PEP and its apps, PVT SCT and SSR, you get to see two fully developed systems working side by side. PVT only has a few perfectly integrated rules. The catenary gives you the list of cummulative volume. The table explians every 30 minutes that you know you know. Someone did the calc from the print that PVT for beginners makes about 1000% a year. My thanks to him.
As you say, you do not know how to count bars in a lateral even if you have a chart that is annotated and a log that is filled in. this means you need to concentrate and work harder. the first bar of a lateral is bar1 of the lateral. the following bars are counted in the deecimal order of the digits in the decimal system. I adopted the digits and the decimal system since it is used all over the world and in space.
Do you see the horizontal line that intersects a bar that is the BO of the lateral? You posted the chart and the log together. they correspond to each other.
All the volume categories have rules accociated with their definitions. If you look in your 3 ring binder you find the T2F page is still clean and not filled in.
In RDBMS's bars are compared. To do this definitions of the relative values must be in a 3 ring binder or in a table for doing SQL as a language. there are 24 tables in my SQL tables 3-ring binder. they are typed and all the relations of adjacent bars are spelled out preciely.
All you are doing is making several 3-ring binders where you look up stuff.
take out your "glossary" 3-ring binder. Go to the L's section. See the page with the 3by 5 pasted on it for the efinition of a lateral. Add the line: count laterals using the order of the digits in the base 10 system. The bar that casts the shadow horizontally is assigned digit 1.
volume is what we are using to make money to the tune of the full offer of the market. Put the important words in your glossary 3-ring binder. you are doing what learnering readers do. they build dictionaries through actually making them or making them in their minds through repititiion.
here is your status:
You are going to use your log to make sure you can ID bars, tend moves and do hold and reversal trading from bar 1 to bar 78 every day. you will have to do 81 rows in a log and you will use up ruby erasers very rapidly.
my log is correct. My annotations on the chart start start at the correct point.
You are now behind about 729 bars and about 45 pages of logging and about 36 pages of annotated charts.
So lets skip that work and post your logs this week beginning Monday as you write them down.
A F2F is like a T1 in definition. Copy your TI definition on the T2F page and erase the T1's and put T2F in their places. Post scans of both pages. If you work in French post the French version.
the order of events is on the Pattern for the PVT.
The spaces on your log that are still numbered will be filled in by you when you need them.
Put the definition of the two logic boxes in your glossary.
If and when you have 2 or more T2P's or T2F's, then you will begin to use the logic theory of Carnap.
What we see is that stock trading is making 1000% a year as calculated by someone for some reason. SCT trades the ES and about 60 other markets in a leveraged way. so the 1000% a year is peanuts.
to fill in the columns 3 and four, put in the second output of the AND and the OR boxes. One is Not T2P and the other is Not T2F. you may be able to figure out the 5 and 6 column. They are the columns 3 and 4 invertedrespectively. In logic, inversions take place. the markets are very counterintuitive.
You have somequickies to look up. You also have some regularly occring trend ending to sort out.