Quote from Mysteron:
Didn't take long to find this. It was posted on page 339 of this thread, post is dated 10-20-11 12:17 AM
Also in the thread: Finding the Holy Grail
historical note:
Mark Brown, a vender of little note, picked up on a prior joke I made. The joke took on some realtiy and became a CW oriented myth in ET and elswhere.
So today it is a guilibility test for ET members and moderators.
Reminder for Monday's open (in terms of Why the obvoius is not so obvious, the thread topic):
A long completed (bar71) late on Friday. An immediate reversal (long exit/short entry) took us into a short. On bar 78 the RTH margin ended. Most skilled traded would then get a margin call. To preclude this, during the appropriate best advantage (Look at the exisiting upper Wall on the DOM) most traders would enter a market order 1 tick below the Wall and exit for the day. See 2 ticks below the top of bar 77.
the trend channel was set by bars 75 (point 1) and bar 81 (bar 81). The liany of the primary OOE is P1 on bar 72 and 73; T1 on bar 74; and completion of the first trend move on bar 75. (P1 to Ti (at BO of RTL) to pt2. fro geometric reasons on price the top of bar 75 becomes pt1 and the bottom of bar 75 becomes pt2.)
Volume values for the trends peaks and troughs are set serially as the trend progresses. P1 is replaced on bar 77 and and P2 is replaced on bar 78, each for different not obvious reasons to CW type potential traders.
bar 81 a lateral BO gave us pt3 of the parallelogram. This is a very important signal for ending the second move of price in the trading trend (short in sentiment).
after the sceond move is signalled to have ended, then the LAST move begins. The trading trend segment and the thrid move end simultaneously. So the serious trader turns to monitoring the leading signals of the subtrend of the trading trend. there are 12 of these. They peel off just as a squadron of fighter jets would have in the past old fashion warfare of bygone days. Now we use unmanned droned piloted by folks in Tucson remotely fighting in the EAST. No PTSD results.
So on the first 12 seconds of Monday's open the entry is short.
Give a look at the OOE of the subfractal to see either its shortcut or its normal flight path. If you like logging ahead of time (5 to 15 minutes) you can mark both rows on the log that are potential trading bars.
Depending on your skill level you can do the trade when either bar is "certain" as shown by the logic sheet used to code the ATS. Use a coloered ball point ben to follow the unilateral pathways on the logic sheets. If the earliest short cut is "killed", then you are certain two bars ahead when the carve the turn on the second path. Knowing that you know is very calming.
Do not spent time on targets nor setting stops. Both of these things are detrimental to differentiating you mind fully.
All the above in trading parlance is referred to as a CALL. I usually do CALLS two or three bars ahead of the current bar. What does this style of trading achieve? In ET it achieves hits and criticisms from others.
for the astute trader it "steers and focuses" the traders mind to the correct places to measure and to use the correct measures.
the place have names in the OOE. the OOE of the test procedure tell you the step by step means to know that you know.
In this thread anyone is free to watch me call the market. anyone is free to critique me. anyone is free to say all the negative descriptors she can think up. anyone with questions may be moderated off this thread as just happened when a superior question was asked. It was repeated alsewhere and answered elsewhere.
The password is TFF.
