Why Is The Obvious Not So Obvious?

Quote from Vienna:

Dear Jack,

I hope this finds you well (especially health-wise...)!

Having spent some time getting into your method, it seems most of the concepts are becoming clearer and clearer, which is great. It seems I am becoming sensitized to Pace quite well.

I was wondering if I could ask you a question. The question concerns some remarks of yours regarding Volume> than prior trough and same color (I saw that both in the Flowchart and in other writings).
Does one compare troughs to troughs or the current peak to a previous trough?

If there is a better venue for clarifying this, please send me a PM and let me know...

TYWM!

Vienna

P.S. just so that you know I am not some deranged detractor, attached please find this AM chart of the ES...:-)
More...

Nice chart.

You have figured out the pattern and how dominance and non dominance works as well.

Probably the greatest reson I suggest that a person does three fractals, and keep the trading fractal in the middle is so he can trade the dominant FTT to FTT and then reverse tp trade the non-dominant as presisely on that same middle trading fractal.

When you compare the peaks and troughs on the FTT to FTT dominant move, you will find that they have higher relative PACES than those on the non-dominant FTT to FTT trades.

As time passes and a person's knowledge and skills become more complete and rounded, the person sees his infilling questions on his improving differentiation, LEAD him to consider becoming more confident in taking the more and nore apparent opportunity to move to the faster fractal than the current trading fractal. About 3 times as many trades occur and the net money velocity of profits rises accordingly.

It boot camp many years ago we made a family of curves that shows this increasing profitability by repeating the same trading charts six times using the same method but on faster fractals.

Here you see the faster fractal peaks and troughs on the carrier of the slower fractal peaks and troughs. Natrually the dominants still have higher PACE than the non dominants.

Thank you for your questions thay are always welcome.
 
It looks like potential learning traders are exploring some of the major CW myths about how a potential learning trader relates to the operations of markets. There is some sense too that the compatibility myths have their traditional applications regarding one's personal character and heritage.

This system of myths will always persist and the CW of market performance will always be there as a checking device for the great contrast of the market's offer as compared to the mythical performance limits of the CW of the financial industry.

The academic world of CW and the strains that come from Behavioral Finance go far in supporting this myth filled system.

hahahaha guy went far in explaining how he takes all of the market's offer:

1. He connected peaks and troughs of price after he found them.

2. He then drew channels of parallelograms around these peak to trough and trough to peak lines.

3. Finally he circled and put a label on the peaks and troughs. A sell was used for peaks and a buy was used for troughs.

4. He didn't say how he made money or when he was in or out of the market.

A learning tradition was suggested.

1. Look at the market and see if you can find some copacetic trades.

2. Take them with small amounts of real money.

3. Do better as time passes.

This is definitely not what Sister Wanda would have let you do with the 5 times table in multiplication.

So it turns out the Market is the same as Sister Wanda.

Sister Wanda would tell you to "learn the 5 times table by copying it over and over as you thought about memorizing it."
if you memorized it you could use the 5 times table to earn a living with it later in life. Here you get told to buy a calculator.
 
Quote from Vienna:

.....

I was wondering if I could ask you a question. The question concerns some remarks of yours regarding Volume> than prior trough and same color (I saw that both in the Flowchart and in other writings).
Does one compare troughs to troughs or the current peak to a previous trough?
...
More...

Hi Vienna,

I think I know what you are referring to but your attached chart might have "distracted" Jack. His answer was interesting. But nonetheless could you please repost the flow chart you are referring to so he can clarify that question?

Thanks.
 
Quote from jack hershey:

Nice chart.



When you compare the peaks and troughs on the FTT to FTT dominant move, you will find that they have higher relative PACES than those on the non-dominant FTT to FTT trades.

...............

Here you see the faster fractal peaks and troughs on the carrier of the slower fractal peaks and troughs. Natrually the dominants still have higher PACE than the non dominants.

Thank you for your questions thay are always welcome.
More...

TYWM for taking the time Jack!

I was sitting in a train the other day and was re-reading CFBW. I looked at the included charts and suddenly realized what you meant with "Volume leads Price" when I saw that both the Gaussian Peaks "peak" before the waves of price do, and the individual Vol bars within each Gaussian do so as well more often than not. Quite an aha, lol!

If I may clarify once more: are you saying that as you are nearing a turning point, the Troughs are getting smaller as well (not just the peaks)?
 
The Market is the same as Sister Wanda.

Thus begins the Saga of what Sister Wanda disguised as the Market who would tell you what to understand and do.

Everyone trusted Sister Wanda. Everyone did what she said or they got the "ruler" which backed up Sister Wanda.

The market does the same thing. It takes your money away when you are mistaken in your fooling around thinking up stuff to try out.

So Lesson One is don't fool around with Mother Market. One sentence.

In the market, there are some times tables you can learn. Learn the tick times table. And learn the point times contract table.

Go futher and learn how to compound profits so you can make a million dollars a day.

Once you learn those tables by heart, you are incentivised sufficiently to get your Sacred Heart Diploma from Mother Market.

You quickly figured out that the ES today will give you an offer (in points times the value of a point) and the offer times the contracts (the contracts your capital provides) has a product of a million dollars a day at some point.

Anyone can tell you that 250 contracts will get you a million dollars a day.

Do you understand what Lesson Two is? Leson Two is to take the market's offer every day by doing the same thing every day.

This thread is about guessing something everyday. Look and guess. Make a slight change.

Lesson Two in trading is: Look and Accept.

The market tells; you accept. If you do this, as I do, then you get to TRUST the market.

Everything in the market comes in two's. Make a list of all these pairs. Make a column on a sheet of paper for each pair. Make a symbol for each of the items in each pair. Log the market.

After a few days, use your logs and make a drawing of the market from the logs and see if it agrees with the chart print you saved with that log.

Sister Wanda shecks you out and naturally she hits your hand and wrist with a ruler because you screwed up.

So make just two columns and use symbols in each column and see how it turns out. See attached for two consecutive profit takings.
 

Attachments

Quote from jack hershey:

It looks like potential learning traders are exploring some of the major CW myths about how a potential learning trader relates to the operations of markets. There is some sense too that the compatibility myths have their traditional applications regarding one's personal character and heritage.

This system of myths will always persist and the CW of market performance will always be there as a checking device for the great contrast of the market's offer as compared to the mythical performance limits of the CW of the financial industry.

The academic world of CW and the strains that come from Behavioral Finance go far in supporting this myth filled system.

hahahaha guy went far in explaining how he takes all of the market's offer:

1. He connected peaks and troughs of price after he found them.

2. He then drew channels of parallelograms around these peak to trough and trough to peak lines.

3. Finally he circled and put a label on the peaks and troughs. A sell was used for peaks and a buy was used for troughs.

4. He didn't say how he made money or when he was in or out of the market.

A learning tradition was suggested.

1. Look at the market and see if you can find some copacetic trades.

2. Take them with small amounts of real money.

3. Do better as time passes.

This is definitely not what Sister Wanda would have let you do with the 5 times table in multiplication.

So it turns out the Market is the same as Sister Wanda.

Sister Wanda would tell you to "learn the 5 times table by copying it over and over as you thought about memorizing it."
if you memorized it you could use the 5 times table to earn a living with it later in life. Here you get told to buy a calculator.
More...
Dear Jack, a real trade should look something like this....Entry....Stops and Targets
attachment.php
 

Attachments

Quote from Vienna:

TYWM for taking the time Jack!

I was sitting in a train the other day and was re-reading CFBW. I looked at the included charts and suddenly realized what you meant with "Volume leads Price" when I saw that both the Gaussian Peaks "peak" before the waves of price do, and the individual Vol bars within each Gaussian do so as well more often than not. Quite an aha, lol!

If I may clarify once more: are you saying that as you are nearing a turning point, the Troughs are getting smaller as well (not just the peaks)?
More...

I mentioned a "set" of P's and T's for a dominant trend as compared tp a setof P's and T's for a mom-dominant trend.

To FF: for most of us charts flow an Order Of Events and the P's and T's are on the chart. In TN the Volume "P" is also put on the chart as is the Up arrow for each volume bar. When there is no UP arrow the chart is showing its opposisite the DOWN arrow as no arrow.

Now, on to your recent refined question as to how the peaks and troughs shift during a trend.

The first BO trough is when trend overlap ends and, as you know, there is a lot of CW type lagging trading going on due to the very mediocre reasoning of these types of folk.

The second trough is at point 3 and well after the traditional CW "early exit" crowd so you would expect only the more proficiient money makers would be still in and keeping on the correct side of the market.

The last climb to the peak does depend a little on the FTT relationship to much slower type trading coincidentalness (Hedge and other poor coefficient type manangement groups).

The aha was really an AHA, finally letting "volume leads price" sink in is so cool because it always assures that you are getting PUSHED ALL THE TIME BY "SMART MONEY".
 
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