Pattern's Chemo-Electric Trading Journal

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Achieved about 10% each of yesterday and today, using the new hand-drawn same-spread bar channels approach to close-up work (found in 'balance lines' thread.) It was a fairly easy 24h, after the 30+ and the 50+ flattening the g/u into easy waves. That is, easy enough for a new approach like mine to stick to enough to get by with.
It's a good feeling surrounding and being fairly certain about, instead of taking pot shots at and getting what is then partially justifiably worked up over, the next price-time trend.
One basic mistake I made was on a good opportunity to explain the multiple trend with trend centerlines (in deep sky blue lines), here. Just including that concept regularly should help to develop it. Price seemed to jump above the (yellow-green rectangled) bunch.



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Also:
A kind programmer in my 'tick beat indicator' thread said that the gaps between prices on charts are due to the lack of ticks. They are also and, I would surmise, often due to the provider's data feed breaking down. The example below shows no trades were taken during the FOMC Statement / Federal Funds Rate news announcement on 11042009 at 2119 gmt+2:




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While looking around, found this neat page for daylight savings time around the world and for lots of years: http://wwp.greenwichmeantime.com/tim.../rules/usa.htm

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Just clicking along, having had 10% a day for Thursday, Friday, Sunday and Monday, and using the same-spread bar channels method still, mostly only eyeing different local levels where two or more spinning tops and maybe small, opposing doji are near the same price range. There's also the most recent major logarithmic curve's major levels on the screen.
The rest of my time is spent working to select types of logarithmic curves that are more relevant, for possible future use.
When overlapping both of these, study and trading, my brain often gets too general on the trade's reasons and too specific on the study's reasons. So another challenge, a psychological one, is to keep the two tasks separate enough for both of them to be worthwhile.

5

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0445est
Walked right into news effect. Gotta read for it and then apply logarithmic curve, etc., to prepare.
Actually, all I had to do is note the news item and visually prep a bit of logarithmic curve, to realize the extra kick the news had. Also in play was my oversimplification of entry, ignoring details such as the effect logarithmic curve has on exactly where one enters.
Went over self-imposed margin call 2 1/2%. Gotta call FXCM to see where this'd stand in a real account.

Dropped that account -- Called my old broker, who said free/usable margin is the only real number for staying away from margin call. So not only did I break my 10% stop rule, every trade I'd made on that account was bogus, having dipped into negative status on free margin most of the time.

So now I trade with 80:1, enough to give me twice the number of pips in my stop: New stats (see post #1). The slight slip on my mental stop of 10% would've been okay; I would've kept my account. I also would've stopped trading it and rewritten my charts' technical method, which I did and have yet to include.

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0
Lost account. Newbie mistake: Margin call. (75:1?)
Got my first news trade in a year, on forex (demo, of course), on the way down, a really smart trade because I already knew that, with this chart situation, news will retrace a price set up artificially and within the past several hours' pattern. I had my 10% for the day.
Then, I traded against the breakout from a narrow, sharp ascending triangle that satisfied what the ascending channel from an average-spread pattern was doing. Why? Greed.
In news trading, one has to know and have ready every trade one is to make, before one trades it. At least, this is what I'll aim for on the next news trade, so that if I get tempted to reenter the news trade, I'll be prepared. Usually, one can bluff one's way through most trades with only the entry or exit.

Sketched a little on what happened ( second picture: yes, price returned as shown, only it rebounded off my entry after this chart, too). Third picture, I already had decent info, the green lines for opposing doji, to carry me through the trade.:







I've got to rank what I trust, at least when.



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Adjusted mm and technical method to reflect what happened above. 50:1 and 55 pips a day: See post #1 again.
With this, as long as I keep producing 55 pips a day, I'll retain a buffer vs. extraordinary loss that skips a physical, or takes advantage of a mental, stop. That 21 pips saves me from margin call and allows me to have an industry-standard (there being a study of armed forces soldiers and NYC traders that arrived at this notion of just above 3:1 RR) 3.25:1 risk-to-reward ratio from 55-pip limit over 17-pip stop .

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Alright, on to trading.

Lost a few more accounts. Beginning on trend centerlines in relation to logarithmic curves, which is necessary to put on the wide 1'TF chart for me to go forward.


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technicals --

Ah-ha! Something new. Always is. Useful....
News patterns, or rather patterns very close to or at news items, repeat and complement.
If I compare it to isolated balance lines, which often have a pattern exactly in the middle of it that defines the line, or opposing copies of a pattern on either 'side' of the line, then it makes more sense to pay attention to.

(revision)

psychology, a first summary of Zurich's Axioms --

Beware others' opinion: Astrologers or 'experts', and the majority.

A hunch is fine, when have a reason for the hunch. It's from the 'tip of the iceberg' of own knowledge, so occasionally, when only intuition is due, more dependence is on this.

Beware the orderly illusion -- History, charts, cause and effect. Random chance, at least through ignorance, is a powerful effect.

Plan entry and exit. Optomism is dangerous, confidence, that is, when you also know when wrong so can respond easily to it, is fine.

Take profits early; else, greed, optimism, hope, fear and regret are sure to follow.
Let losers go, allowing lots of small losers. Admit when wrong.

-- mm and imagery stay the same.

technical method, the logarithmic cycles approach --

intersession: trend centerlines' right angle (or, essentially the same, where some are parallel or same-origin-point), which is variously with its midline an in-trend or fall from the top of the trend;
the right angle, in a range with the same-spread bar channel approach , especially the opposite doji and the spinning tops separately forming s/r lines or areas

with interruption from

internews: (level - spread pattern - dot),

and a weekly or longterm view obtained variously from (the Friday-Sunday gap)) or a super-news' l.c.





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STORAGE

old method:

TL's: the logarithmic curve approach: logarithmic curves (at least for the 1H and with trend centerlines within a logarithmic curve on the 1', from scale), TL's (bar spread: 30+'s complex of lines (continuity), Friday afternoon drawn to explain Sunday open's gap (overview)) and same-spread bar channels / balance lines from the context of the recent spread pattern (detail)
+


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(revision)

technicals:

Charts are in a range of spikes and its digestion, to balance and its volatility; put with news and sessions, these two categories group spikes, session (horizontal) midlines, and news lines, and then flat balances, session lines, and news (horizontal) midlines, respectively.
To measure around these lines and their midlines are:

1. Logarithmic cycles (trend centerlines and same-spread bar channels that run continuously through the cycle, with closure after the trend centerlines level (go horizontal), find a spread pattern, and create a dot for the turn) on the 1'
2. Logarithmic cycles on the 1H that cover the Friday close's bar channel determining the Sunday open's gap, and less often an especially potent news' bar channel

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(revision)

-- a slight one, just to present all of it at once


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trading with bsTL's

Demo (#118-)


psychology, a per-trade summary of Zurich's Axioms --

(warmup)
Beware others' opinions: The majority, and otherworldly astrologers or know-it-all 'experts'.
(opportunity)
A hunch is fine, when have a reason for the hunch. It's from the 'tip of the iceberg' of own knowledge, so occasionally, when only intuition is due, more dependence is on this.
(confirmation)
Beware the orderly illusion -- History, charts, cause and effect. Random chance, at least through ignorance, is a powerful effect.
(plan)
Plan entry and exit. Optimism is dangerous, confidence, that is, when you also know when wrong so can respond easily to it, is fine.
(trade)
Take profits early; else, greed, optimism, hope, fear and regret are sure to follow.
Let losers go, allowing lots of small losers. Admit when wrong.


imagery gut-instinct imagery that verbally sketches one's fight-or-flight response to chart's next pattern (focus)


mm

1. daily Sunday to Friday
2. 3.25:1 (55 pips limit vs. 17 pips stop, over 1-4 trades) reward:risk
3. 17-pip (trailing,) SL
4. 50:1 (to 85:1, nonnews with area studied well)
5. 84-(to 56-)pip free (usable) margin gross to start
6. 55 (to 34) pips i.e. 10% profit a day (34 (to 21) pips) plus 6.18% loss buffer (21 (to 13) pips) net of spread
7. TP set in 10-pip multiples a trade
8. 1-3 trades a day, compound each trade

technical method, the logarithmic cycles approach --

overview

Charts are in a range of spikes and its digestion, to balance and its volatility; put with current vertical lines, that is, news and sessions, these two categories group news lines, session (horizontal) midlines, and 5'TF spikes, and then news (horizontal) midlines, session lines, and flat balances, respectively.
To measure around these lines and their midlines:

1. 1': Logarithmic cycles (defined as trend centerlines ( trend centerlines' right angle (or, essentially the same, where some are parallel or same-origin-point), which is variously with its midline an in-trend or fall from the top of the trend ) and the same-spread bar channels (especially the opposite doji and the spinning tops separately forming s/r lines or bunches that run continuously through the cycle) after which they find closure with level (go horizontal), find a spread pattern, and create a dot for the turn) on the 1'
2. 1', used longterm: Logarithmic cycles that follow (or, occasionally, precede) a large build-up that needs explaining, such as several condensed-1' areas of different volatilities, a huge wave that has near its finish an NFP news item, an especially large small- (or other-) spread pattern, or an especially well-placed, regular event such as the Friday close's bar channel determining the Sunday open's gap and thus need to stay on the chart longer than the usual 1' one

One can save time making templates for current vertical lines (news, session, 5'TF spikes) and for l.c.'s used for more of the longterm view.


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Part of the bsTL microverse: Overview, patterns (or, those with fewer or more candles), TF use, trading. (And its future: automatic; precise.)

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psychology --

Being a Zurich's Axiom trader has helped. I've lost all day, and yet retained most of my early, big profit from just a few trades early this morning. One of the afternoon losses took three hours and eleven minutes in five partials to leave the trade! Excruciating. It was supposed to take ten minutes...

technicals --

Ranking my bsTL's -- Next step.

Alright, I'm telling ya, I'm sick of avoiding the big guns -- 55, 100 pips at a time. I had read yet another of these this morning, and it drove me nuts after I saw it. I don't care what happens, I want that dough.

Yes, I'll fill in the logarithmic cycles.
Aargh. Continuity and all, of course. Got an idea to improve closeup work, too.

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Okay, first, the superbig stuff.

I need to know if they really do have logarithmic cycles at that level, 1h TF and such.

I'm seeing right now, it's not in 1*1, so chart pictures will be inaccurate from the get-go.


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I do the below, a Zurich's Axioms trader of the logarithmic cycle technical method with 55 (fewer, with more trades or higher (to 85:1) trades; stop around 17 pips) pips a day at 50:1 leverage and expecting to lose 6.18% of that amount for a longterm net of (or whatever it takes to earn) 10% a day.


mm

1. daily Sunday to Friday
2. 3.25:1 (55 pips limit vs. 17 pips stop, over 1-4 trades) (at 50:1; drops to 1.618:1 at 85:1) reward:risk
3. 17-pip (trailing,) SL
4. 50:1 (to 85:1, nonnews with area studied well)
5. 84-(to 56-)pip free (usable) margin gross to start
6. 55 (to 34) pips i.e. 10% profit a day (34 (to 21) pips) plus 6.18% loss buffer (21 (to 13) pips) net of spread
7. TP set in 10-pip multiples a trade
8. 1-3 trades a day, compound each trade

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overnight trade

Yesterday, I practiced losing. (Hey, I didn't really know.)

overall approach --
I did so when I knew my trade reason was, in the morning example, initially wrong, and in the second example, entirely wrong.
My approach in the former was to exit an even percentage of my holdings each time actual price got very close to my entry price. My approach in the latter was, first, to scale the exit in several trades for a lesser portion of the holdings when I knew my reason to trade was lousy. Next, the bulk of the trade's holding, I treated as a new trade.

what I did on the lesser exits of my holdings --
In yesterday morning's trade, they were all lesser exits. I'd lost when my hunch was that the price was going to match again eventually anyway. I exited each portion of the holdings with a bias toward figuring my chances of a new reason going in my potential loss's favor were high. This dropped the edgy feeling I may have had against just exiting the entire position on a whim. After and somewhat during the lengthy, evenly proportioned exit, I still felt somewhat exasperated, as Zurich's Axioms says to exit early. Zurich's Axioms also say to exit with a small loss, only I missed the proper exit to also exit early -- (I want to look at it as) this happens. I felt like I was in a marathon, after the entire event; it was a sigh of relief to finish, also. A calm persona, meditation or something, during this time helps to take the edge off each small exit, for the sake of thinking of the majority of the trade and where it's to go for exiting.
Last night, I'd lost when my hunch was that the price was going to go against me. I accepted that the price would drop again, to a degree, only less so, realizing my real danger only somewhat going along with it. Thus, I exited with a higher loss on some of my lesser portions.

what I pretend I did on the greater exit of each of my holdings (last night's trade only) --
In last night's trade, I pretend I obeyed Zurich's Axiom on exiting early to take a proportionally small loss. There was an excellent reason to think that price would hold for a while, which (I pretend) I attended to and waited an hour or two after stopping my continuous watch of the screen to capture this price with the majority of my holdings. A lot more anxiety was with this trade's exit, which (I pretend) I held in bay until I knew I'd exited the majority of the holdings. I held (,and this is true,) that it's possible my hunch about being wrong on the trade was wrong, and this contributed to the anxiety. I (pretend I) let go of the anxiety through letting go of the hope for a miracle (humor, here) my hunch was wrong, and had waited for reasonable proof my hunch was right that my trade was wrong, which is a consolation (I pretend I took myself up on).

In conclusion, I did one each of an evenly proportioned and a weighted scaled exit. The former was applied to a trade I was sure had a reason that would eventually work, the latter on one that'd fail. The former was, for the most, fun, the latter difficult: According to Zurich's Axioms, it's far more difficult to admit you're wrong. And yet, I (pretend I) did.

Made some changes:

1. Including all timeframes, since found a way to do logarithmic cycles on the 4H. Working on connecting the path between the 4H and 1'.
2. Doing volume, only the highest-volume candles and hz's from its high and low or a simple bsTL of it with a spinning top or the like. Otherwise, I don't have the stomach for forex's irregular volume, knowing price can be bad enough (here, vs. another's).
3. Adding 'center' and 'dominance' to list of logarithmic cycles' ingredients, the former drawing a crossover point from a bunch of spinning tops (or the like) and connecting it to a significant later bar, and the latter ranking each of the inner ingredients -- trend, center, level and dot -- to see which one the logarithmic cycle mostly is about, to relate it in the story of several l.c.'s that are same- and other-TF-near it.
4. Added to my view of trades a table of all the P/L, indiscriminate of and not listing the source -- paper, simulator, demo, penny or real -- the trade was from. Seems to help encourage my competitiveness at the same time as, whenever I trade pennies or real, spreading risk.

Kept the same:

1. Still trading only the 1', only now realize I'm more comfortable having evidence from all of the rest of the TF's I can really trust that 30-100-pip move I think I see.
2. Same rules (Zurich's Axioms) and mm.
3. Same method, logarithmic cycles with bsTL's.
4. Demoing's still the most I trade on. Hey.

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update:
5'TF forms or shows bsTL's that last better than 1'TF's, at least for small-spread patterns. If I have to get into a small area, I will, for 4H TF logarithmic cycles' pieces and bigger news / spreads.
Now I'm doing various TF's, 5,15,30,1h; it's a tradeoff between being right and having enough.

Results of 1' - to - 4H TF study, my very first tradeable multi-TF bsTL:









I want to see if I can get it to work as the ALL, one piece of a logarithmic cycle, and thus do them regularly. Or maybe this replaces the logarithmic cycle idea. I do know this one bsTL worked fantastically, and I'm ready to do lots more like it.
Then a few lesser 1' and greater 4H logarithmic cycles to keep this multi-TF bsTL tradeable and I've a technical method.
(It's only my first one, so it's only in the journal. I don't know how difficult it'll be to make a lot of these.)
The multi-TF tradeable bsTL lasted about a week, so maybe the Fri-Sun gap bsTL could sketch the area for each one and thus help one draw it in earlier....
I know the 4h logarithmic cycle's areas have to play into this formula somehow. Maybe the multi-TF tradeable bsTL changes the TF's it includes regularly, so that it only includes a 4H logarithmic cycle when appropriate. That'd mean the multi-TF tradeable bsTL always is part of a logarithmic cycle, which doesn't make any sense, considering the level and dot would be atop the dome the bsTL shown is in; I could turn to using a conceptual logarithmic cycle, to .... Well, got lost there.
Balance is key, anyone can see this on the chart for each bar the TL's are from and go to. Why they fit together, I don't know. I'll make a bunch of them to see if I can figure something.

(some hours later)

I got it.
The above multi-TF bsTL is in a logarithmic cycle as the area (multi-st) bsTL. It'd be ideal if I figured two logarithmic cycles continuously: One for the 1' and one for all of the TF's.
One note is that, if cautiously done, I can only use one piece, often the level's spread pattern, from all of those 1'TF logarithmic cycles, to save time. Also, the all-TF logarithmic cycle varies on which TF one uses -- through which TF establishes enough spinning tops to represent the majority of a logarithmic cycle before the level.

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Another first was that I broke the code on same-spread bar channel approach's 'other' candles, mid- to high-, and thus on all candles. Like above, I only did it once; plus, this one'll take more effort to generalize, as it's far more important than the above, touching on sacred ground of candlestick interpretation. It also labels what people'd call 'common sense' into a method, though why, when nobody actually makes money at that level, is beyond me.

Natural features that often feed into such as a 4H TF logarithmic cycle make for good patterns which force a gap, channel or centering, for examples. They go on the horizontal.
These go with tiny 1'TF logarithmic cycles with bsTL's, to adjust one's path along the all-TF logarithmic cycles.

(revision)

(mm)

small adjusted to mm: A process instead of a goal.
trading income
105 to ~1250, 10% daily and compounded daily forever,

55 pips on 50:1 to 34 pips on 85:1 from 1.65/contract g/u forex with all-TF logarithmic cycles with bsTL's method,
at least 61.8% times the running total of 10% daily and compounded from last withdrawal, kept in account to absorb any potential losses,

withdrawing after

1 month
3/4
1/2
1/4
go!

You'd earn about $3,750 in 2 1/2 months, about right for lower-income living,
and build your capital so you can withdraw a weekly income of $385 from $500 capital,
enough to live on for at least an extra income beyond a more stable, maybe parttime job that made up for the $115 missing.

(technicals)

steps:
Make template --
1) Look for enough spinning tops on a TF to represent what looks to be the 4H's average-sized logarithmic cycle at the current time. This TF is where one makes the logarithmic cycle.
One can use the Friday close bsTL that explains the Sunday gap-and-close open, to help draw this logarithmic cycle, if it's on the 15'TF; or, on the 4H, entire areas replace the spinning tops, so that silent areas around jumps and other typical bsTL-laden areas are to look for.
2) (all-TF logarithmic cycles: the area (pre-level) bsTL) Gather these spinning tops into a bsTL that crosses before the level and dot and at a significant spot; use lower TF's, especially different broke rs' platforms' versions of the 1'TF, to figure the exact bar to draw one's TL's from.
3) (natural features on the 1' that show on higher TF's) There will be no-brainer natural features one finds along the path. Note these with a horizontal TL for as far as the features seems to have effect; they can be month or more old. The usual effect for a horizontal line depends somewhat on where it began and ranges from a gap of a clean run, to a channel, or perhaps centering around the hz.
4) (same-surround areas) With solid lines available that the price-time line will react to, measuring the reactions is next. Find and put same-color boxes around areas that are similar in shape at different places along the price-time line that react to the TL's.
maxim for using logarithmic cycles with bsTL's
You need enough lines to capture the areas in which you are studying; otherwise, you don't trade.
Trade --
5) (1' bsTL's off the level, and the dot) Draw local lines around above lines to hone in their path. Some same-spread bar channels {NOTE: I've more work on this} also'd help. Best dot there runs the most.


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psychology --

I burned through first impressions and then possibilities of last night's technicals, this morning on two trades, respectively. Figured it's too early in the morning to be able to do a series yet; simulator an old one, to anchor the idea.
Then it's, oh let me try this -- Once I sort through old stuff to drag in a minor device such as dot or to ah-ha! a creative, unproven use of a device: Quantity over quality. To this, I tell myself, could go the other way just as well. Even if it does work... Laugh's on me. I get in my way in this approach, also. See, I did anchor on good indicators just before the minor and creative uses, and apparently 'inserted' bad vibes to move on to good stuff. I guess I felt a little miffed I can't just handle the amount of time it takes to make a new all-TF l.c., or rather the steps above.
So now I make another call and it's right. Short trades, all or most. That's good for trouble, so I know I do hold myself away from such. Anyhow, locked in for tape-reading. Problem is, that's insecure, because I can't make nor show my trades then. (Unless I invent some off-the-wall lingo to describe the type of tape-reading. Been there, no thanks.)
From (this), emoting the chart right alongside with it. This is my getting-into-it pattern, at least one variation amongst similar others. Any gut instinct reading of the chart will have a range of effectiveness variated on that time of day's nontrading tap into this emoting -- Solving nontrading problems. Hmm, a trap I've lain for myself. On the other hand, slight and simple use of emoting can keep me in tune with the charts if they're fact-standardizing and while I spend most of my time doing something more important such as make a new all-TF l.c.
I did see a possibility on the chart of a few days ago, somewhat like the exit of the area pattern of the all-TF l.c. I drew recently; I was only waiting for line breakdown and/or enough material after this exit to warrant drawing a new one. Hmmm, will look anew...



There's a wave between the Thanksgiving low and the new area pattern exit ("portal"), so I'll have to consider two aTlc's or figure why there's a huge balance area smack in the middle of the screen, that is, in the dip before the new exit. (No, I'm not trading with Gann Fans now, it's there just so I notice logarithmic curves, which GF represents, in its own way and for its own purposes as far as I'm concerned, well. Also, I don't trade with this screen, it being the 5'. I'd trade more on a screen like this, if drawing lines goes this well:



Usually, I'd trust the lawn green all-TF l.c.'s area pattern lines only, consider the yellow natural-feature lines as a modifier area, think little of the all-TF l.c.'s dot's deviational horizonal line in yellow green unless proven with former material (various-sized groups of bars), and huh-what the all-TF l.c.'s level's spread pattern lines in coral. With practice, I'll draw and see their utility jumping them, notably since they're on the 5/15 for the 1; just, now....no. Looks promising, though, even though the all-TF l.c.'s level and dot in this picture were drawn after the fact.
Hey, I guess I am following my own trading system. Worthless, yet; it'll happen.

charting approach workspace
TF combos thread post: Merge approaches into one tradeable.

I finally realized how shape areas offer more than bsTL's: They compare logarithmic cycles for the best one.
This, with dominance readings of each logarithmic cycle vs. others and in reference to this view of shape areas, throwing in balance lines -- the exclusive type, not the small groups type, although they contribute to finding them, and indeed, significant repeatables (nothing beyond 2-3 bars in width, as per approach, to avoid the resulting need for measuring beyond simply viewing it) in the sg approach -- works around traditional or, indeed, any traditional patterns to capture their effectiveness.
Otherwise, I'm just daytrading with trend centerlines and affective bsTL's from logarithmic cycles, and I'm sick of that approach. There's nothing sure about it, no absolute boundaries I more or less get right that can go with the real absolutes, 00-50, without using them.

How about level and dot with shape-area lines (the vertical lines only, to demarcate the flow of patterns in each area) with high-spread bar symtri st's and isolated 1psb-type balance lines, and exclusive 2-3 bar groups (high-volume bar hz's included) .

In other words, the small groups of bars approach from the 'balance lines' thread produces 2-3 mid/high bars that denote price flow, spinning tops / opposing doji / 1psb's that denote a balance, and volume bars that settle price around it somehow. This last one may be a crutch, just like all those bsTL's organized into a logarithmic cycle, to fit with a trend, or otherwise.

Problem with bsTL's, they're either extremely exact yet local, or very general yet global.

The logarithmic cycle plus the shape area lines, these two ideas, fit together as a 3D logarithmic cycle, an upgrade to the current l.c.'s.
3D logarithmic cycles with super-bsTL's. Here's my point: Super-bsTL's express an area extremely well, -- alright, high-volume hz's just sit there, so are, in this context, no good -- an area larger than 1-2 l.c.'s and no hz's apply. I need to know if it's going there, and when it's (price-time line's) stopping cold, the cleaner the use of the TL's use the better. I don't have time to devote to a zillion lines that 00-50's can replace.
I can't really say small-spread patterns only, and sometimes l.c.'s level's spread pattern grows a balance line. Hz's are fine if they're a balance line, not visa-versa. Utility gets washed away after too many applications, with an hz.
Dependability, in trading charts, is an absurdity, and hz's are a fine example of this.

Of course, vagueness/discretion is also an absurdity. Compromising precision a little for more pips... Aargh, getting nowhere. What rules? Fast, big money. News, in a flash of down 40, up 80. A drop of 140 from a weeks-long balance area that, with a balance line off the drop's top's symmetric triangles, returns a day later to that balance line for a projected 100. Two matched candles repeat down the price-time line until an old support is found, and the inevitable settle. Isolated pips connect, in the distance, with the two's help, to give to an area astir with new life. This is a logarithmic cycle with super-bsTL's, the boildown of generations.


the matched candles, it being unusual for a high-spread news bar to have two no-shadow, also high-spread bars with about the same prices follow it:


repeat down the price-time line (the old support, not shown, is the Thanksgiving low):


'the inevitable settle':



, in which 'isolated pips attach' in several pairings 'with the two's help', that is, with 2psb's, the idea repeating a second time with increased effect:









'into an area astir with new life', where I made my first trade.
Most of the above is post-trade. The first trade was reasoned from a scant knowledge of the string of candle groups into the the central discovery I made the trade from: the area of the second, more significant bsTL of 2psb's with two isolated 1psb's.
The second trade fed off the MPC Statement also being a high-volume bar, and that price had not significantly connected with the horizontal lines at top and base of that bar:





So I need to spread a wider net. That 15' area bsTL for the l.c. worked, and an event's ... the range, tying it all into one range, therein lies the rub. I think there's a standard for picking the logarithmic cycle's TF through what super-bsTL is attached to it. Most bsTL's and their spread patterns on the 1' reflect the current logarithmic cycle; super-bsTL's there do more, and one has to note them for future reference.

What are super-bsTL's? Two isolated one-pip bars reasonably close to each other, that attach to two two-pip bars that are exactly midway within a 45-degree trend right before the pair of 1psb's. You know when it's a super-bsTL, since either a very important nonchart event is about to happen or several repeats of the super-bsTL happen before or after it. Once these fade, the super-bsTL's effect, that is, the tradeable area, is on.

And super-bsTL's are not isolated. I once thought they were, due to their unusual features. No, they're a natural product of the price-time line's flow; thus, the connection to repeats and special nonchart events. A third feature is their juxtaposition with the super-bsTL before it: A large balance area, full of 1psb's and highly significant horizontal TL's, happens after a run for an entire day.

The two isolated 1psb's, just noted, happened several hours after a news event produced two large, body-only candles of approximately the same high and low, with progressively smaller and then nonaligned and then more than two body-only candles tracing the fall from this news event. A very flat logarithmic cycle whose level fed a channel directly into the dot, producing a faint echo of deviations that countered, when falling to, a very strong average-spread pattern that made a balance line and then a dot whose hz's, however not used now, did guide a return to the first l.c. A simple bsTL that called a 40 low - 80 high jump. A string of eight 1psb's on an hz that, after the fall at a right angle, had price return for a hundred pips. Five two-pip bars at the same price started a four thousand - pip drop that had a small, last one with a tiny, silent, matching pair of areas on its top and base and TL'd the story, with a few other jumps they tied into, of the 4h chart's two most important pivots for the next half of a year.
Lastly, an upside-down cup that had a bunch of spinning tops on the 15' that, when one ran TL's from them and through a stopping area in an otherwise clean drop forming the last wall of the cup, went to all of the major pivots for the next week.
It's all these examples of super-bsTL's that make each 3D logarithmic cycle worth looking at.

One range of situations that each needs its own bsTL pattern before it happens, or, history tells, gives 30-100 pip trades at high leverage. I guess it's the pattern that counts, checking it for bsTL's that reveal its effectiveness. Such a range, though, far more than I imagined, do these patterns have. It makes for a pleasant task (unlike what I expressed in the erased post this one took over for), arriving at such symmetry and making a living from them.

Alright, that's it, 3D logarithmic cycles with super-bsTL's: A souped-up version of what the 'moving averages draw' thread introduced.
So this is what the 'TF combos' thread's screen is to do.



-----------


I wrote the above after making the first profitable trade I thought I could repeat, which I did right after it -- 45 and 34 pips, respectively, at about 65:1 of 100:1 allowed, on g/u. Last week, I made my first tradeable bsTL, and now I have it in perspective. My technicals will evolve as usual within or from the 3D logarithmic cycles with super-bsTL's approach.
Since I'm making decent pips, it's appropriate for me to study each trade I make from a technical view and so derive any errors I make to correct my trading behavior. I view the 3D logarithmic cycles with super-bsTL's approach as having several layers, each of which produces an higher leveragability of the trade one commits to a move while retaining the relaxed, conservative buffer of the first trades just done. Study of each trade should help me generate more layers than the single one I have now. I guess what'd make the first extra layer or two is 1' logr cycles, only I have no substantive ideas about it.

(revision)

I was working to improve the logarithmic cycles idea, and didn't get it far enough to really show anyone. It needs lots of work through examples.

Also, gotta change the name, since the current one is too math-like when the approach isn't.

logarithmic cycles

This technical charting approach borrows from the idea of natural logarithms, which appear sometimes with a high-spread bar in its immediate area. The logarithmic cycle approach contains a general area which eventually creates a level and then its end, the dot.

A structured version of drawing logarithmic cycles is in post#7 and after the adaptable one below. A trader who uses drawing tools a lot may recognize Gann Fans on the dot or Fibonacci Time Zones in repeated shapes of logarithmic cycles.
Below was written to allow wider applicability for l.c.'s., in an approximate order of focus.

The reason for applicability variables can be understood with the first one.
Usually, another logarithmic cycle weighs in consideration for how the current one acts, sometimes one for whom the xy axes are extremely different. This can be a big challenge to the l.c. trader, and dependence on these l.c. variables increases.
The variable most used would be the loop variable, since it allows easy comparison of approaches.

*The inter-logarithmic cycle variable measures proportion within what affects an l.c. and a sense of localism to globalism as to how much affects, where it is, what specifically contributes to the current l.c., and thus what l.c. the current area is actually in:
An easy way to think of it is in two variables,
the x- (horizontal) axis, which is time-based distance, how far away, or the width of, the affecting l.c. and thus its pieces is,
and the y- (vertical) axis, how big the affecting l.c. or a portion therein is versus the current one.

The general area of a logarithmic area has a couple of variables:

*size-of-loop variable, in which the chart is either a trend or an area,
repetition (reframing on and along the price-time line) increases the chance of a logarithm completing its shape,
and difference (anchoring, with projected, imagined TL's representing the cycle's excess energy influencing off of the price-time line) more about pieces of a logarithmic cycle.

*loop variable itself is a definition of trend and area, with allowance for them together being a range in terms of, and representing the majority portion of, a logarithmic area

WHAT
trend.................area...............with channels a compromise of these
TO DO
small groups.......spread patterns
FOR THE PURPOSE TO
reframe......anchor
.......for..................for
anchor afterward......reframing afterward

Then, there are the level and dot:

*level, which can be considered a variable in terms of use with its context and size varieties,
is conceptual if it is more trend than area, and thus has a highly contained (including rl, though with forex there's less use to note this feature of the) inner area;
and, it is definitional, that is, horizontal, if it is more area than trend.

*dot has area - trend varieties too, derivative of the above two portions of an l.c., with one specialty being that a balance line (optional) (a device of the small groups approach, upon which trend depends) may connect the spread pattern of the level the dot is related to, and another being that horizontal lines with the nearest pivot to make another such line parallel with, is the usual spread pattern (and thus area, which depends on it) used, tho on occasion the dot will include with itself enough near itself for a small-spread pattern.
The dot is often the central trade, since it's where the price-time line takes a 90-degree turn, with a conceptual variant in logic dot, where price doesn't return from a turn.



MM is different, in #1 of my journal.
-----
trend
It's more of an attitudinal change. Price-time line flows between trend and area regularly. On Friday afternoon of 12112009, the high-volume bar after the last post's had different bar patterns after it: The small group of bars was symtri's with small releases. This gave a sideways pt line and, with the high-volume bar and the one before it, lots of bsTL's, because of the natural spinning tops and other balances; thus, the bsTL's were more balance lines, at least the ones attached to the small groups. (various green)

area
A very strong bsTL of five patterned 1psb's showed on my platform (in white and grey TL's), which I'm leaving as rays for Sunday; I connected it with the copy in front of it, as well as an hz ray from inside of it. Price'll hyper-balance on this, from the trend even having balances that became limited TL's.



compromises
An average-spread pattern showed in the middle of all this, between the two above. (brighter teal)



Overall on the 5':



Okay, that's what happened Friday afternoon. It should help start Sunday, also.



----------

Those white & grey lines don't jive with the 4H picture, and a general consensus from several experienced ff traders says down. I just don't have the experience to put up a reliable 15' and/or 4H set of bsTL's; I've only done a couple of ones higher than 5'.
I will practice, though, in hopes to be able to do so next week.

(revision)

Ach! Just went traditional.

Was working on balance lines as a replacement for logarithmic cycles (since they feed through level and dot, anyway), and ran across your average 5' TF symmetric triangle and flag / channel. All with bsTL's, of course.





Level and dot, with the occasional spread pattern to balance with and find a good dot, may serve a purpose within themselves, to help balance lines find the next big run's hi/lo pivots.
Shape areas seem to replicate balance lines to a degree, same concept and all.
Small groups are basal to balance lines' existence, while challenging shape areas to how much of an area of patterns to consider.
I was able to find that shape areas' triangles/frames/ellipses help draw TL's and spread patterns, if in an uncertain relation.

A balance line can depend on a small-spread pattern (sorry for all the other lines, it's just the light green TL pair with the pattern in the white box):

The following is a history of discovery to find consistent use of bsTL's. References and terms may be obscure, and the train of logic confusing.

The idea of logarithmic cycles was one of my first tries, after the '30+' idea, to get bsTL's to appear consistently and thus be more dependable. One problem was a confusion of the amount of space each logarithmic cycle covered. The '30+' idea drew ire (from me) when it got too many exceptions to how one draws bsTL's for it, that is, appearance of a bar with a spread of 30 or more. The logarithmic curve idea, in which a very high spike has bars before and/or after it fade in size from the initial spike, has been around for awhile, due to its natural appearance. The '30+' idea tackled this idea's consistency, with little luck, although it did uncover a few interesting uses of the bsTL, such as a closely held isolated balance line.
Another device, the logic dot, I'd floated around to see where it'd stick. It's when price, due to a the finishing, flat area of a logarithmic curve, refuses to go above one single one-pip bar after the price-time line breaks down from the flat area for a week or so. I'd originally made one from measuring waves on a 5'TF scale in the right wall of a large, upright bowl of a formation, so that they broke from a measuring of midlines between red-flag news items.
I'd never properly recorded the idea, so I keep describing it without showing it. Finding them shocked me for their existence, and I wanted to keep building on them until I fully understood why the logic dot happened.
Some weeks after getting the logic dot idea, I came up with level and dot, found in the 'moving averages help draw' thread as logarithmic cycles. It used a small rendition of the logic dot idea effectively; however, it never explained news midline use, which logic dot depended on. Next, I did shape areas, which set aside the regularity of logarithmic cycles and excused the notion of bsTL's appearing most effectively at level, dot, area or what not. (Thus the confusion at using logarithmic cycles and why I left them, having expanded the l.c. idea into the 15' and 4H TF's.)
Then, I took the shape areas idea, which was solid enough to take a little abuse, and added the logarithmic curves idea to it. I needed to expand the shape areas' solidity, because shape areas' bsTL's need to overlap too much to create the sense of a logarithm.
No, that's a minor problem. Shape areas are too small. They offer the possibility of understanding a trade through breaking up the chart along highly consistently-found widths of chart; at the same time, they fail to portray trend in one or two bsTL's. Wave areas do this, and they also include unusual patterns, sets of red-flag news in a day, and still-useful and very old bsTL's.
One thing wave areas implicitly do that logic dots explicitly did, is internews and one-week midlines. Because of the efficacy of putting bsTL's where there is a reversal of a wave area's center's side, using midlines seems irrelevant. Trend centerlines took over the area preceding logic dots, only they just kind of sat there. Early in the e/u patterns thread, I think I discussed a similar idea using only in-trend TL's; and recently, I tried again and extended each in-trend-only (that is, not with wide midlines and their nontrend areas) trend centerline of almost every trend. The extensions aligned similarly to bsTL's, as you would expect. What's interesting, is that the extensions were more vertical and yet made a clean fan. Most bsTL fans are horizontal, including the wave areas' (not published). What's more, the vertical fan of these in-trend-only trend centerlines, or rather trend balance lines since each TL vied for the exact middle of the current trend in an effort to intersect the pivot into the next trend, broke into midlines once the vertical fan was done.
This is new to bsTLs' evolution: Knowing when to use vertical or horizontal bsTL fans. The current 'wave areas' idea has consistency, pivot, trend, pattern, news and time frame. While it doesn't have internal direction between the bsTL's and thus tradeability, small groups from the 'balance lines' thread, which adapts the candles tradition for localized patterns in small groups of candles, takes care of this.

Alright, think of my problem this way. You have 360 degrees in a circle; price starts in at one angle from an initial point, and, in a pseudo-logarithmic pathway, stops an area at another angle from the initial point. Sometimes, this completed area is a mere dip from the horizontal; other times, multiple areas' pathways is changed on the vertical. It'd be to reason that there is an extreme middle to this: Price rushes for both the vertical, first, and then the horizontal, or visa-versa. Draw a TL in the middle of each tiny trend the price-time line goes through, and you can see how this extreme, middle variant works. You could easily throw a bsTL fan atop this area and get something interesting, only it wouldn't represent the area effectively: You wouldn't see that a midline appeared amidst this area and turned the area to that point into a new direction. So, you need a new type of bsTL fan, one that represents such an area effectively.
In fact, any midline developing in a one-anchor bsTL fan should tell one needs real mid-trend TL rays to bring in the midline effectively: It's useless to midline a point, that is, the anchor of the bsTL fan, since that's ultimately what you're trying to do; intersection, which is all a bsTL fan, which is of one anchor, is meaningless to describe the progression of a logarithmic curve. A bsTL fan does offer several points to derive a TL from, within its spread pattern, bowl of an area, level, dot or other representative description of a set of bars and their high, middle and low. It does NOT, at least in any ordinary sense, offer multiple, widely separated anchors.
The logarithmic cycles approach offers this, and it may be effective to adopt into the l.c. idea the counting of ray extensions of each small trend as building the logarithmic curve implied within the l.c. Then, a midline that appears from the progress of these rays more effectively represents how the wave of the l.c. will be next, based on whether the rays are crossed and reverse to avoid any logarithmic progression, or are separate and do logarithmically progress. A midline then puts the new price-time line subarea it controls high, mid- or low of the old logarithmic cycle's main body.

Wave areas with a general inclusion of which side the implied logarithmic cycle's body goes, that is, whether the l.c. has a large body and a flat area that's small and/or wide, or whether the l.c. has a narrow body and a flat area that's big and/or narrow, or a narrow body and a wide flat area, or, lastly, a large body and a narrow flat area, changes the balance of the wave area and thus where the center of the wave area is.

A way to think of this is that large one-pip-bar areas continue the rhythm of these trend rays' progress. It's ad-lib to draw in the trend rays when the trend are larger; thus, I won't try and use the above picture's pattern in the blue box.
The large one-pip-bar areas are trend centerlines that become effective bsTL's for the entire area after them.

(Trend TL's + trend rays + logarithmic progression of trend rays) plus various use of bsTL's, which is far more common, and midlines, necessitates an extreme use of separate, logarithmically progressive trend TL's (here, I got it this time:




Looking over them, I'd guess the angled line running from the big blue box with the midline from it, is a higher-TF trend TL. That makes the little, light blue box a dot and the midline a level. -- I seem to have destroyed the idea of logarithmic cycles, no, wait.... Level and dot, and their respective usefulnesses may still be there. I put in a horizontal derivative line from the midline, instead of the usual natural line.

Going over the level and dot idea more, I can see this combining of level and dot is a bit artificial. Perhaps one l.c. is stronger than the other and rebounds price to the last l.c.'s level. What does work is using several levels derived as horizontals of the center of midlines of patterns between separate, logarithmically progressing trend rays. If one lets these specially-derived horizontal rays go on a bit, the price-time line does react to them.
My thought is, let'em run the gap to the next one and maybe to the significant gap after that. TF is moot: One of these lines can be effective for months and still make sense when it's time for it to intersect a price-time line area. Sense is when one of these derived horizontal rays runs across a gap, is the only line being used as resistance, center or support, and progresses visibly from being used a lot to being used a little, after which it's coincidence, replaceable or 'awfully effective (while making zero sense)'. Of course, this is true of all bsTL's, only it's more obvious with bsTL's that have an angle to them, because they disappear faster.
Even taken this way, these wave mid centerlines or whatever serve as longterm exuberance levels (see 'balance lines' thread, under small groups) and little else.

What is important about a logarithmic cycle? It projects what level, to a degree, a higher logarithmic cycle will go. What is wrong about a logarithmic cycle? There are varieties: Conceptual, where the level is not horizontal.
I've had the experience (not posted) of finding a midline that turns a logarithmic cycle's advance as the price-time line goes with centertrend TL's that are separate and progressing logarithmically.

Alright, I think I got it.

-------

No, there's too much guesswork.

1. So here I am, drawing TL rays through little trends to gather separate and progressing logarithmically until two cross where price direction reverses.
2. On another realm, I may be drawing triangles, frames, ellipses and lines to see the boundary of where shapes turn significantly different.
3. On a third approach, I'd measure linear areas to decide where its center is -- left, right or center -- and choose the pattern that lay between linear areas that jump from left to right or, if it's an especially wide area, left to center or center to right.
4. Then of course, there's traditional patterns.
5. And going through extra-high TF's to find relatively small areas on the 1' TF that are extreme jumps and extremely flat areas conjoined. And prenews flat stuff with super-high jumps, in general. Logarithmic cycles with their level and dot fit this description, also.

Good for: 1. finding levels while price drops a whole lot. 2. the next range while price is in a wide channel. 3. following a rebound of the price with an irregular, somewhat horizontal path. 4. using discrete areas for their line-producing capacity. 5. following angles to ninety degrees or less of a trend change.

1. and 5. are similar, depending on significant drops to be effective. They're good for breaking up large areas, especially that are sharp turns and runs.
2. and 5. are both reasonably consistent and detailed areas. 2.'s strength is breaking up small areas; thus, its weakness is trying to cover bigger patterns.
1. and 3. offer irregular patterns that produce effective bsTL's, while 2.'s are often partial bsTL's.

settle, balance, hit-through, touch -- Typical minor-level activities price-time line puts it to, after start.
All TL's do this, so what is each based on?

1., 2. and 3. are loose, relative drawings to find an exact pattern.
5. combines loose and exact patterns and produces a single dot.
4. is an exact pattern with loose drawing within.

5. deals with big runs with big horizontals, 3. and 4. with irregular areas, 1. with big runs, and 2. with regular areas that run or go sideways. Actually, 2. deals with irregular areas, only not big irregular areas. No,....

2. deals with lots of patterns easily, while 5. deals with one pattern, 4. with only a few patterns, 3. with one pattern amongst several competing patterns, and 1. with several patterns within one pattern.
So, a better order would be 5., 3., 1., 4., then 2:

a) 5. And going through extra-high TF's to find relatively small areas on the 1' TF that are extreme jumps and extremely flat areas conjoined. And prenews flat stuff with super-high jumps, in general. Logarithmic cycles with their level and dot fit this description, also.
b) 3. On a third approach, I'd measure linear areas to decide where its center is -- left, right or center -- and choose the pattern that lay between linear areas that jump from left to right or, if it's an especially wide area, left to center or center to right.
c) 1. So here I am, drawing TL rays through little trends to gather separate and progressing logarithmically until two cross where price direction reverses.
d) 4. Then of course, there's traditional patterns.
e) 2. On another realm, I may be drawing triangles, frames, ellipses and lines to see the boundary of where shapes turn significantly different.

Alright, this sounds like a viable approach.
I'll take a chart upon which I circled what I thought looks interesting --



-- and apply this approach. What I highlighted looks like a logarithmic curve, which is one shape. I'm not really interested in what's inside of it, just any TL's projecting from it.
If this approach is to be any good, I can't look beyond the posted chart until I've completely finished drawing my TL's from the noted area.

The area has no severe up or sideways, so it won't hold highly significant TL's; it probably wouldn't show on a higher TF very well.
So I apply a small logarithmic cycle --





Seemed to work this time. Guess'll try the approach for a while. Actually, showing a bunch of the different methods in a row could only show if this approach would work. Anyhow, somewhat ready for Sunday.

Had an account all week. 20W-10L-1draw for +12.8%. Leverage 50-80:1.

First day, made more profit than have now. Then, churned the rest of the week.

Rewritten chart approach almost several times a week since last posted a new one. Current one seems reasonable; involves alot of work, go figure. I like it, should be that way. Anchored (bsTL's) and unanchored (trend centerlines) TL's, balance patterns (amorphous, just what the chart shows me, matches the next potential move rather than a prefigured idea of a pattern), and a range of small chart areas from large right angles (big candles or flat areas) or, yes, logarithmic cycles.
I let go of directly talking about the latter, being satisfied with using its pieces when necessary; interesting pictures in 'bar channels' thread post #1 had me expanding the notion of a proper chart area to think of, even to include (unposted) shapes that had to be with much higher TF's. This adapability convinced me the approach I have now, however difficult to do, is the one for me. I'll just have to be okay with fewer pips and more risk if I fail to do the work.

What the...

This last week, I somehow finished the week with five very different chart studies of the same TF and area. Which one should I choose?























Obviously, I used the final one to trade with last week.

Source for each chart's TL's wasn't posted. I wanted to figure the commonalities and arrive at next week's chart.

(revised)

This is an effort to drop all the fancy names I've arrived at for different lines:
TL angle level, unsettle, peak, comp, wave
angle use pivot (logr, shape), trend, grid
I want to build directly from the easiest to read, candles.
The last post's charts are trend:2, pivot:1,4,5,6 , and grid:3,7 .

The fancy names did serve to distinguish the various ways to draw TL's and find the patterns they connect with, which are categorized now in the above revision, in order to reflect all-TF logarithmic cycles and other developing of inter-TF spread patterns.
On the other hand, something like Gann Fan, if fixed, is easier to apply to the screen for logarithmic representation than, a lot of the time, my own brand of TL's. The last post's two grid charts cross each other in a sort of Gann Grid, only it's not practical to use Gann Grid because I find that any grid-like drawing of intra-trend lines shifts the grid often. One, of course, must watch lest adjusting the TF's candle width also changes where the Gann Fan's lines are; probably, I'll return to using the old spread patterns for this on the 1'.



One could consider the area between the second and third white frames to be 'trapped energy', with the lower frame midlining from the first white frame. Then, energy 'floats' gently upward in a logarithmic way, until it settles within the midlined area and upon the center line at the fourth and fifth white frames. Energy is trapped up and down and sideways now -- a layer of perfectly trapped energy with a layer of gently floating energy above it, if you will -- and energy 'releases' rapidly and into the Gann Fan logarithmically.
Or however you want to describe it. This, if you follow it, can clarify why I drew the devices on the picture.

Perhaps I could consider the above approach effective to widen the usefulness of logarithmic cycles, and the approach before it developed into a higher-TF approach. Logarithmic cycles, even the improved version, are unpredictable on the 1' TF, because they tend rather to be okay for a while and then jump TF's wildly. Thus, I'd rather use the consistent approach of wide horizontal (or, similarly, the "wide" Friday-Sunday gap's weekly) or tall vertical (or, similarly, (some) big news' weekly) bar spread TL's, any repeated pattern after them, and any balance line before and/or after them.
I've also begun using a version of the last post in my personal therapy; it's good in considering spatial maps of the psyche, in a prt.

(revised)

Finished TL types, now I focus on getting the best crosses to trade:



order of complication:
candle (high-volume, short series,)-- difficult to select what to do with it, and easy to know what to do what's done
dot (logarithmic cycle's, with level; logic; balance lines; pip lines)
center (TL drawn from midline of an area; short lines drawn from the middle of one trend to another's)
pattern (small spread pattern, mostly, though average and high apply some)
multi-pattern (high spread pattern, repeated pattern) (can anchor a set of lines lots of places) -- easy to select what to do with it, and difficult to know what to do with what's done

example --





All of the lines above were drawn before the trade below. I was depending on the grey lines to break and reaffirm the higher set of high-volume candles' horizontal lines.

TL's table (columns) imaginary, candles, shapes, multi-candle pivots, patterns (rows) anchor, balance/center, multi-/anywhere

I've reached my comfort zone: Make up a TL / pattern-repetition reason to trade from the TL's table above -- each one never done before, usually -- trade it, and, unless evidence shows its utility for longer term, erase it.

This keeps the chart fresh so I can interpret the basic data.

-----

On trades, demoing at 50-80:1 leverage has gotten to +35% in 12 hours over the usual subpar (to me) 1-10 pips a trade. If I can justify each trade rationally with TL's / pattern repetitions, then I will have done my job and enjoyed myself doing it.
Thus, I practice using this TL's table on the (LFH) simulator and occasionally gather trades for their each being unusual approaches to trading and post the batch with explanations.

(technical method scratchpad)

*
*
*
*
*
*
*
*02132010
*The condensed and logr areas of the same, small size and very close and often stacked, method, is modified with this repetition and above-below upper (of the lower pair of white TL's) white TL shown in picture, how differently the upper and lower develop. What got me was when the upper calmed down its height and breadth; I thought it may turn. I was very, VERY wrong.



This was what was on my mind at the time, and I got the below confused with the above.



Perhaps it is because the latter interprets in the opposite direction than the first:



Wait, oh no! Another idea. The condensed&logr-areas notion led to the above change to it, which I discovered connects to centerlines in general, producing a new way for sideways markets and/or c&l areas to tell the next direction:







It seems that this proportioned angle that the matched-condensed-and-logr-areas idea has now taken on works with the today-posted idea that a particular area is the anchor and/or framework that is angled or anchored on the diagonal. (I guess I could throw in pip lines for good measure. )

(revised)

chart study, new:


The underlying framework: It has to be a grid. A skew to the grid forms a deviational trend, which is still the grid, only an alternate. You align a pivot to the grid. The grid has a mid, which is a formal breakdown of the grid as the pivot aligns with the grid.
One trades from the pivot to the mid, with the SL just on the other side of the pivot. It's decision time at the mid: The mid is where the pivot's effect ends (so, exit), turns (so, exit and reenter in new direction), continues (hold position) or converts (figure new pivot and, optionally, trade it).

Okay, there's the mm. Now the terms: Grid, skew, deviational trend; pivot, mid. The methods (TBA, already made) for the terms:

independent chart study

grid
00-50 with flats (areas with lots of one-pip bars) excepting
midlines between weekends, with verticals (high-spread bars,) excepting

skew
spread patterns:
hi
average
small

deviational trend
deviation:
anchored
angled

trade-ready chart study (added on top of the independent one)

pivot
condensed-logr
dot
transitional balance, other lines with midline help
hi: low vs. side

mid
isolated balance/center lines
hi: mid