Pattern's Chemo-Electric Trading Journal

priceaction,

thanks for the vouch!

I enjoy reading your informative, no-nonsense approach to trading.


------------------

Using simulator to run trades, demo still too inconsistent.

Latest method, emphasizing structure through the entire TF spectrum instead of one-area reading of the rest of the chart, even while still use latter temporarily when the one area can be used, simplified of extra TL's, to contribute to the overall structure with its own TL or three:

The current approach to doing line patterns, that is,
(at the lowest TF level) when the price-time line is stuck in one area, read each pivot trend angle and occasionally draw TL's
(at just-touching 1') often, no good overall shape appears and price-time line does have minor areas to midline a TL from; then, consecutive such TL's works
(at smashed-together 1') highlighting boxes, each typically around an overall shape of two opposing patterns with a centering pattern in the middle
(at the lowest TF level, searched for at the highest TF levels) singular overall shapes from which TL's intersect key areas for months, other overall shapes falling in place with it
(at the highest TF's) blur TL's that capture the price-time line's widest swath, so that no one place has a TL more important than another

------------

It was an interesting experience posting in ff's 'Interactive Trading' forum section again. The contributors to the thread I visited were friendly and professional.
Again, though, I found my post to be a single try, however good I believe it. Inconsistency is my downfall.
That, and the thread was for a different method than mine.
A couple of other threads in that forum section would be appropriate for me, if I get my own method running.







----

(revised)

MM:

"Cut losses short and let your winners run." Googled. Motivations for doing well at chart study are adjusting in-trade drawdown, fast decisions so that one cuts costs from a loss, reducing work effort and increasing consistent profit, etc.

Attachment
06262010 demo or less

#lots/SL
To avoid having to calculate at every price, I could just 'circle 20' (lots, SL) and proportionally go around that number if still unsure about a trade : Multiplier=divider; thus, 2 is 40 SL, 10 lots, for ex. Very loose, seems reasonable. TP, whatever I can get.

Attachment


review of a trading plan's effectiveness:


# of pivot trend angles (or rather, pivot trend angle pairs/trend-stops;
a turn represents a new pivot trend angle one has to interpret versus the prior history,
for its clarity of direction upon solid or temporary s/r
or for its indecision of direction upon solid or temporary TL;
since alot of trend cycles are complex when larger trends react to other immediately-close trends) included in a study,
entire areas of them, or only a series and one or a few at a time, are to be compared;
often, the # of pivot trend angles almost all going one way, and then one gets enough going the other way, varies;
opposing angles brings levels in heavily to react against fast, settle into that area, or react lightly to go to another, close area, depending on the # of pivot trend angles it takes before a match/opposition usually happens or on whether an s/r or a TL was reached;
variables:
pivot trend angle opposition clarity within each and creation of new s/r and TL,
opposition #, span and level in each side thus weight toward one direction,
opposition reaction to old s/r and TL



specificness of knowing a pivot trend angle versus its nadir (the pivot's turn point) or contents (various pressures from/to/thru the pivot trend angle, oft represented with TL's)--
from signal (only studying the peak of a vertical turn - type pivot, instead of the contents of the two trends that connect at that peak)
to TL (which highlight a number of pivot-angles' pieces,
making it needful for the TL to be specially made to reflect some pattern the chart reacts to regularly
(thus, line patterns, the fifth TL-making variable)),
rather than studying the pivot-angle and thus the nature of its contents directly --
and thus struggling with deriving the pivot trend angle's nature versus going for its singular or projected worth

speed one devotes to knowing one's pivot trend angles, in general being from simulator which is 32 minutes a real minute in the LFH simulator, to paper which, while being zero, ranges from an 1-10 minutes for a cursory study to one or more hours for an intense, wide-ranging study
and in divisions would be caustically troubling, since one may, without realizing it, study heartily before running up the simulator and more or less get the first few trades,
and then, from exhaustion/stubbornness, watch the next portion of the chart speed by and study during that time before trading on the information tacked onto the well-crafted study,
which is a disastrous or at least low-edge, levels -only (or similar overly simple) technicals, way to trade;

attitude, which for the variable speed example just given, would be confidence and then frustration and then a kind of desperation ("When will that chart do (what I want) -- Up-down (or always up) and always disobeying me (when I feed it random, contrary-plan trades)" -- gotta laugh at myself, after the fact)
which is fine if I recognize and then stop it, to correct what's under my control to correct my reaction to what's causing the negative attitude,
since pivot trend angles, alongside the variability of the timing of how orders enter recorded onto the chart (i.e., the variability of order flow, which is missing in most simulators), are what intuition in reading charts does, even before feeding one's indicators' / drawing devices' info to gut instinct to yea/nay a trade -- and thus, a contribution to the attitude would be a gastric disturbance from odd-speed study sessions ( : ) );
another is confusion and distancing when one overly focuses on making TL's or taking pivots for granted, which expands specificness to the maximum while ignoring trend angles, their center

precision a simple beginning approach that gets the overall-direction TL and fits with blur, so anyone can check the effectiveness of a trading plan with this method

variables:

opposition clarity
within each
and creation of new s/r and TL,

opposition #,
span
and level in each side thus weight toward one direction,

opposition reaction
to old s/r
and TL[/list]
_________________________________________________________________



TRENDLINES: Introduction

The textbook definition of a TL positions a line at the edge of a large area so that only the pivot turns are fairly represented.
The TL's look 'different' because I deconstructed and reworked the definition.

Price forms in two ways: Logarithmic curves and midlines. A definition of logarithmic curves is here; I only use the face-value, no math. A midline is a line segment with a dot at its middle; in MT4, just highlight the TL.

Because of this, I prefer to include with the definition of TL's --

1. combos: This definition fails to consider either strong one-way energy from logr curves or neatly counterbalanced energies from midlines. You may say that, well, a fan works for the former and a channel for the latter. These are often crude devices, though, when an originally-drawn TL that considers the smaller-TF logr's and mid-'s and also other TL's creates a more accurate representation of both.
2. subtlety: A TL forms around a row of especially clear examples of logarithmic curves and midlines. Furthermore, a lower TF's logr or midline may slightly adjust where to represent a higher TF's mix of logr's or midlines.

The occasional clarity of price to form logarithmic curves and midlines is such that distinctive patterns often appear, whereupon TL's can be drawn within or around the patterns by following the alignment the logr's and mid-'s, which price forms, create. Sometimes it only takes one pattern to create one or more TL's. Other times, it's easier to align logr's and mid-'s that are few in bunches or only one and align with others that are far away, as long as larger logr's and mid-'s respond to the TL being created in order to justify drawing the TL.


Recently, I found that certain features of the two trends on either side of a pivot turn are very important in determining direction. It is more centering than the TL's it sometimes help create, and defines a pattern one compares to others that look the same only are a mirror reflection or other version. Thus, patterns can directly decide a direction, on occasion. Just as often, it's a TL that price surrounds.







VOLATILITY AREAS through TF's:
one trendline drawing method each

The current approach to doing line patterns, that is,

(A at the lowest TF level) bound when the price-time line is stuck in one area, read each pivot trend angle and occasionally draw TL's

(B at just-touching 1') volatile often, no good overall shape appears and price-time line does have minor areas to midline a TL from; then, consecutive such TL's works

(C at smashed-together 1') symmetric highlighting boxes, each typically around an overall shape of two opposing patterns with a centering pattern in the middle

(D at the lowest TF level, searched for at the highest TF levels) a gaggle of lead singular overall shapes from which TL's intersect key areas for months, other overall shapes falling in place with it

(E at the highest TF's, copies of the TL's put onto trading chart (1') ) blur TL's that capture the price-time line's widest swath, so that no one place has a TL more important than another in the overall

_________________________________________

TL areas line patterns cover:



Attachment .

"It's not how, it's how well."

Attachment

TRENDLINE variables:

 

1. 1. angle stress (dot)
   pivot trend angles --measuring the angle,
   finding regularities for TL's or other traditional trend
   features, and figuring several pivots together
   for a larger direction;
   TL's breaking up each pivot's connected
   two (or so, if considering a larger pivot) trends,
   in order to be approximators or batchers for getting
   through pivot trend angles more easily
   
2. 2. barricade (level)
   shape pivots, and thus TL's, are made of:
   logr <>midlines
   
3. 3. level differentiation (blur)
   simple vs. repetition-based structure,
   vs. 0 45 90 - degree direction and thus, often,
   a channel deviation or gap fill or a fan side choice,
   underlying line patterns; complex shape (circle,)
   
4. 4. repedity; i.e., # + velocity
   (& a little of size) (rep)
   #dir'n (1s, 2s) balance of same;
   contrast of TL's from different sources
   
5. 5. surround (diff)
   cycles of line patterns through periods
   of high parallelism, of a single area's parallelism
   that derives the major TL's,
   and of low parallelism
   and a nearly-continuous string of line patterns
   that are merely small areas
   of midline-controlled logr's.
   all, some or none that is on-balanced
   and not just having a TL
   through decent midlines
   through a series of various shapes --
   1. pattern-matching
      w/short, simple, dotted hz lines;
   2. one pattern to match within,
      with its derivative TL's;
   3. and, TL's to draw one
      after another matching each trend

line pattern examples,
broken down to recognize cycles --

_____



(a high-parallelism chart area) *

Attachment

SKEWED, MESSY

representative examples -- with a variables-list description, template (EST), and detailed chart pictures -- 5-10 each, of ten divisions (five types, each with an L,M and L:M side to it) of the range of possible line patterns

area ex. 1: 12182009 1503EST to 12302009 0945EST

1) pivot, L,M

1a) pivot, L:M
i a variables-list description, template (EST), and detailed chart pictures (1,2,3)
ii a variables-list description, template (EST), and detailed chart pictures (1,2,3,4,5,6)

2) level, L,M
i a variables-list description, template (EST), and detailed chart pictures


2a) level, L:M
i a variables-list description, template, and detailed chart pictures (1,)
ii a variables-list description, template (EST), and detailed chart pictures (1,2,3,4,5)
iii a variables-list description, template (EST), and detailed chart pictures

3) blur, L,M

3a) blur, L:M
i a variables-list description, template (EST), and detailed chart pictures (1, 2, 3)

4) rep, L,M

4a) rep, L:M
i a variables-list description, template (EST), and detailed chart pictures (1, )

5) diff, L,M

5a) diff, L:M
i a variables-list description, template (EST), and detailed chart pictures (1,2,3,4,5,6,7,8,9,10)

mix
i

SELECT OR REPLACE WITH THE VARIABLES

the ten divisions (five types, each with an L,M and L:M side to it) of the range of possible line patterns
,each sample with a variables-list description, template (EST), and detailed chart pictures
,broken down to draw TL's in a low-parallelism area
-- a midline area of various size (small, average, large)
and sometimes using small-pattern series (which is read) or small-area separation (which presents more skewed and/or longterm TL's) to modify the central approach of midline areas --
and the other such areas

area ex. 2: various times (11252009 1503EST to 12182009 1503EST and some 06232010 1030EST +)

1a) pivot, L:M
i a variables-list description, template (EST), and detailed chart pictures

2) level, L,M
i a variables-list description, template (EST), and detailed chart pictures
ii a variables-list description, template (EST), and detailed chart pictures

2a) level, L:M
i a variables-list description, template (EST), and detailed chart pictures

3a) blur, L:M
i a variables-list description, template (EST), and detailed chart pictures

5) diff, L,M
i a variables-list description, template (EST), and detailed chart pictures

_____

PLAIN AND CONSISTENT,
EVEN IF MISSES THE POINT

i low- (with good, early detection of single-line mid-'s)
a variables-list description, template (EST), and detailed chart pictures
ii low- (with fair, early detection of single-line mid-'s)
a variables-list description, template (EST), and detailed chart pictures
iii low-, w/highlighted a (proposed) mid-area
a variables-list description, template (EST), and detailed chart pictures
* iv mid-, w/ex. of a small high- area
a variables-list description, template (EST), and detailed chart pictures
v high- area, unvariegated of any possible low- or mid- areas within
a variables-list description, template (EST), and detailed chart pictures

TRADEABLE:
PIVOT TREND ANGLES FIRST, TL'S ONLY IF HELP

efforts

 

1. a variables-list description triple-opps, template (EST), and detailed chart pictures
2. a variables-list description, template (EST), and detailed chart pictures
3. a variables-list description, template (EST), and detailed chart pictures
4. a variables-list description, template (EST), and detailed chart pictures

-----

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

Don't mind me,
just recording some updates ('rules of trade', premise for rank of study TL's fall within, upgraded description of line patterns, an example of trading with same, and details on using volatility areas in (demo) trading) on post #1:



-------------------------------------------



MM:

"Cut losses short and let your winners run." Googled.

Motivations for doing well at chart study are adjusting in-trade drawdown, fast decisions so that one cuts costs from a loss, reducing work effort and increasing consistent profit, etc.

RULES OF TRADE:

1. plan on opposite of weak foundation -- not current enough, too forgetful of the overall, or not protected against a pure vertical run from the o/a about to hit you
2. time and energy, including record, spent enough to make a reason-full plan; and, including any very small reasons that tack on extra pips, adjust a greater direction for fewer pips, or, with enough need for nerves, such as with a pure vertical run, go to gut instinct for a speedier reaction to the unseen tick's variable speed after valid info is fed it (where one needs to recover afterward and slowly allow conscious reason in again, else confusion and then extreme loss destroy account)
3. Avoid SL:#lots way too high, TP's too low, i.e. risk >50%; holds too long or short i.e. e/e on contact, not reason, i.e. trade levels left to randomness
4. during trade: cut or let run around SL, TP, #lots
5. after trade: erasure of old TL's / highlighted-patterns shapes proportional to overall view; make a corrected version of trade, regardless of P/L

Attachment
06262010 demo or less

#lots/SL
To avoid having to calculate at every price, I could just 'circle 20' (lots, SL) and proportionally go around that number if still unsure about a trade : Multiplier=divider; thus, 2 is 40 SL, 10 lots, for ex. Very loose, seems reasonable. TP, whatever I can get.

Attachment


review of a trading plan's effectiveness:


# of pivot trend angles (or rather, pivot trend angle pairs/trend-stops;
a turn represents a new pivot trend angle one has to interpret versus the prior history,
for its clarity of direction upon solid or temporary s/r
or for its indecision of direction upon solid or temporary TL;
since alot of trend cycles are complex when larger trends react to other immediately-close trends) included in a study,
entire areas of them, or only a series and one or a few at a time, are to be compared;
often, the # of pivot trend angles almost all going one way, and then one gets enough going the other way, varies;
opposing angles brings levels in heavily to react against fast, settle into that area, or react lightly to go to another, close area, depending on the # of pivot trend angles it takes before a match/opposition usually happens or on whether an s/r or a TL was reached;
variables:
pivot trend angle opposition clarity within each and creation of new s/r and TL,
opposition #, span and level in each side thus weight toward one direction,
opposition reaction to old s/r and TL



specificness of knowing a pivot trend angle versus its nadir (the pivot's turn point) or contents (various pressures from/to/thru the pivot trend angle, oft represented with TL's)--
from signal (only studying the peak of a vertical turn - type pivot, instead of the contents of the two trends that connect at that peak)
to TL (which highlight a number of pivot-angles' pieces,
making it needful for the TL to be specially made to reflect some pattern the chart reacts to regularly
(thus, line patterns, the fifth TL-making variable)),
rather than studying the pivot-angle and thus the nature of its contents directly --
and thus struggling with deriving the pivot trend angle's nature versus going for its singular or projected worth

speed one devotes to knowing one's pivot trend angles, in general being from simulator which is 32 minutes a real minute in the LFH simulator, to paper which, while being zero, ranges from an 1-10 minutes for a cursory study to one or more hours for an intense, wide-ranging study
and in divisions would be caustically troubling, since one may, without realizing it, study heartily before running up the simulator and more or less get the first few trades,
and then, from exhaustion/stubbornness, watch the next portion of the chart speed by and study during that time before trading on the information tacked onto the well-crafted study,
which is a disastrous or at least low-edge, levels -only (or similar overly simple) technicals, way to trade;

attitude, which for the variable speed example just given, would be confidence and then frustration and then a kind of desperation ("When will that chart do (what I want) -- Up-down (or always up) and always disobeying me (when I feed it random, contrary-plan trades)" -- gotta laugh at myself, after the fact)
which is fine if I recognize and then stop it, to correct what's under my control to correct my reaction to what's causing the negative attitude,
since pivot trend angles, alongside the variability of the timing of how orders enter recorded onto the chart (i.e., the variability of order flow, which is missing in most simulators), are what intuition in reading charts does, even before feeding one's indicators' / drawing devices' info to gut instinct to yea/nay a trade -- and thus, a contribution to the attitude would be a gastric disturbance from odd-speed study sessions ( : ) );
another is confusion and distancing when one overly focuses on making TL's or taking pivots for granted, which expands specificness to the maximum while ignoring trend angles, their center

precision a simple beginning approach that gets the overall-direction TL and fits with blur, so anyone can check the effectiveness of a trading plan with this method

variables:

opposition clarity
within each
and creation of new s/r and TL,

opposition #,
span
and level in each side thus weight toward one direction,

opposition reaction
to old s/r
and TL[/list]
_________________________________________________________________

Firstly, pivot trend angles are ALWAYS #1. They're what I believe a 10k-hour experienced chart watcher unconsciously pays attention to (aside from variable tick speed, which is seen and (to my knowledge,) not (yet) recorded on the chart,) and thus uses gut instinct from, when trading 'without any indicators'.
(Candlestick reading is really first; it's tediously difficult, though, so reference helps.)
Then, line patterns that astutely collect them to create effective TL's. Line patterns provide the strongest chance of trading accuracy, with pivot trend angles' interpretation of them.
A simplified alternate to line patterns are volatility areas.
Last are TL's.
That said, here's


TRENDLINES: Introduction

The textbook definition of a TL positions a line at the edge of a large area so that only the pivot turns are fairly represented.
The TL's look 'different' because I deconstructed and reworked the definition.

Price forms in two ways: Logarithmic curves and midlines. A definition of logarithmic curves is here; I only use the face-value, no math. A midline is a line segment with a dot at its middle; in MT4, just highlight the TL.

Because of this, I prefer to include with the definition of TL's --

1. combos: This definition fails to consider either strong one-way energy from logr curves or neatly counterbalanced energies from midlines. You may say that, well, a fan works for the former and a channel for the latter. These are often crude devices, though, when an originally-drawn TL that considers the smaller-TF logr's and mid-'s and also other TL's creates a more accurate representation of both.
2. subtlety: A TL forms around a row of especially clear examples of logarithmic curves and midlines. Furthermore, a lower TF's logr or midline may slightly adjust where a TL is to represent a higher TF's mix of logr's or midlines.

The occasional clarity of price to form logarithmic curves and midlines is such that distinctive patterns often appear, whereupon TL's can be drawn within or around the patterns by following the alignment the logr's and mid-'s, which price forms, create. Sometimes it only takes one pattern to create one or more TL's. Other times, it's easier to align logr's and mid-'s that are few in bunches or only one and align with others that are far away, as long as larger logr's and mid-'s respond to the TL being created in order to justify drawing the TL.


Recently, I found that certain features of the two trends on either side of a pivot turn are very important in determining direction. It is more centering than the TL's it sometimes help create, and defines a pattern one compares to others that look the same only are a mirror reflection or other version. Thus, patterns can directly decide a direction, on occasion. Just as often, it's a TL that price surrounds.







VOLATILITY AREAS through TF's:
one trendline drawing method each

The current approach to doing line patterns, that is,

(A at the lowest TF level) bound when the price-time line is stuck in one area, read each pivot trend angle and occasionally draw TL's

(B at just-touching 1') volatile often, no good overall shape appears and price-time line does have minor areas to midline a TL from; then, consecutive such TL's works

(C at smashed-together 1') symmetric highlighting boxes, each typically around an overall shape of two opposing patterns with a centering pattern in the middle

(D at the lowest TF level, searched for at the highest TF levels) a gaggle of lead singular overall shapes from which TL's intersect key areas for months, other overall shapes falling in place with it

(E at the highest TF's, copies of the TL's put onto trading chart (1') ) blur TL's that capture the price-time line's widest swath, so that no one place has a TL more important than another in the overall


To figure which area I'm in at the time,
I may try:
* trend A small half-day of 1' candles -- Hz's at top and bottom, measure #pips and divide by the # of hours (rounded off) to get # pips an hour the chart's going
* channel width -- Measure # pips at widest breadth of chart ;
fan width -- the same, next breadth of chart
* line pattern type -- A channel vs. a bunch of ninety-degree moves from levels being hit vs. expansion from a single pivot into a fan

volatility areas, in practice:
An experienced person may find this approach imbecilically easy, simply drawing vertical lines between volatility areas and using 2-3 times the usual SL. Watching for levels, channels and small-area jumping are key. A pure vertical fall type of volatility area is the only downfall of this approach, so all efforts beyond a cursory view for other volatility areas go to protecting against this one. All it takes is one of them.
The best thing about using volatility areas in this way is the continuity. I feel unafraid to trade forever.
The worst thing is, of course, the SL. I may've gotten lucky, also, in my test -- The 4H may have had a surprise for me.
So, it's worth the work involved in doing the one current type of v. area of A, B or C, with a chart study getting D and E that lasts several days.
Using the A,B or C pieces of a mostly-(x) volatility area to read that area without TL's is another way to lower SL risk, as in this example.

_________________________________________

TL areas line patterns cover:



Attachment .

"It's not how, it's how well."

Attachment

TRENDLINE variables:

 

1. angle stress (dot (pivot)) pivot, one
   one or a few pivot trend angles
   shape pivots, and thus TL's, are made of:
   logr <>midlines
   pivot trend angles --measuring the angle,
   finding regularities for TL's or other traditional trend
   features, and figuring several pivots together
   for a larger direction;
   TL's breaking up each pivot's connected
   two (or so, if considering a larger pivot) trends,
   in order to be approximators or batchers for getting
   through pivot trend angles more easily
   pivot, one:
   1. a single price with a (horizontal) line from it, such as 00 and 50 (statistically common center prices)
   2. a single candle (high-average-volume (thus, < big news)),
   3. a set area with a midpoint price (say, orders reach balance at 1400est (.,p.24)),
   4. or small, somewhat rounded shape from which emerges one balance

2. barricade (level) level, right
   several pivot trend angles in one simple area
   level
   level, right:
   1. a right angle, w/o division included (the usual);
   2. a group of candles coalescing into one thin line;
   3. a crosshatch of an area;
   4. a thin line that's been there for a while, after which a vertical line reacts

3. level differentiation (blur) blur, div
   one or a few pivot trend angles, compared with several pivot trend angles in one simple area
   simple vs. repetition-based structure,
   vs. 0 45 90 - degree direction and thus, often,
   a channel deviation or gap fill or a fan side choice,
   underlying line patterns; complex shape (circle,)
   blur, div:
   1. a pair of TL's with a shared starter point, which one midlines and makes a third TL between or to the side of them;
   2. a small, central candle and then, after a time, a decently solid vertical trend with lots of candles evenly dividing it into distinctive pieces, a fan running from the former through the latter;
   3. a bunch type of blur, that is, a rectangle of close-packed candles followed with same, the decently-angled TL running between the two

4. repedity; i.e., # + velocity
   (& a little of size) (rep) rep, opp
   several pivot trend angles in one simple area, and the same, the both or more repeated in some major way
   #dir'n (1s, 2s) balance of same;
   contrast of TL's from different sources
   rep, opp:
   1. two waves of opposing (pivot trend pair) angles, with some kind of reaction thereafter;
   2. a level with 'branches' of short trends sprouting on either side of it, producing a fan -- detailed, exactly-opposing directions for price to go --;
   3. a group of waves each of which repeats shapes, with a proxy line that relates to history, balances in current, or screens in future

5. surround (diff) diff, mix
   several pivot trend angles in one simple area, and the same, both or more each different with a minor commonality tying them together
   cycles of line patterns through periods
   of high parallelism, of a single area's parallelism
   that derives the major TL's,
   and of low parallelism
   and a nearly-continuous string of line patterns
   that are merely small areas
   of midline-controlled logr's.
   all, some or none that is on-balanced
   and not just having a TL
   through decent midlines
   through a series of various shapes --
   1. pattern-matching
      w/short, simple, dotted hz lines;
   2. one pattern to match within,
      with its derivative TL's;
   3. and, TL's to draw one
      after another matching each trend

   diff, mix:

   1. a condensed-logr (a midlined, frame-ish area high or low, and a logarithmic curve - ish area the opposite (low or high), the two being of about the same width and there being a neutral horizontal line or lines between the two areas; reaction to this is a large vertical movement which drops or rises speedily, sometimes returning unevenly)
   2. or logr cycle (a collection of different shapes which align so that their angle eventually reaches zero from left to right on the screen; reaction to this is a large vertical movement which drops or rises speedily, sometimes returning evenly) type of differentiated pattern;
   3. a medium- or so sized area before a large 45- or so degree run that has several competing TL's of different angles, one of which wins in the immediate future and others which rank in use later on

line pattern examples,
broken down to recognize cycles --

_____



(a high-parallelism chart area) *

Attachment

SKEWED, MESSY

representative examples -- with a variables-list description, template (EST), and detailed chart pictures -- 5-10 each, of ten divisions (five types, each with an L,M and L:M side to it) of the range of possible line patterns

area ex. 1: 12182009 1503EST to 12302009 0945EST

1) pivot, L,M

1a) pivot, L:M
i a variables-list description, template (EST), and detailed chart pictures (1,2,3)
ii a variables-list description, template (EST), and detailed chart pictures (1,2,3,4,5,6)

2) level, L,M
i a variables-list description, template (EST), and detailed chart pictures


2a) level, L:M
i a variables-list description, template, and detailed chart pictures (1,)
ii a variables-list description, template (EST), and detailed chart pictures (1,2,3,4,5)
iii a variables-list description, template (EST), and detailed chart pictures

3) blur, L,M

3a) blur, L:M
i a variables-list description, template (EST), and detailed chart pictures (1, 2, 3)

4) rep, L,M

4a) rep, L:M
i a variables-list description, template (EST), and detailed chart pictures (1, )

5) diff, L,M

5a) diff, L:M
i a variables-list description, template (EST), and detailed chart pictures (1,2,3,4,5,6,7,8,9,10)

mix
i

SELECT OR REPLACE WITH THE VARIABLES

the ten divisions (five types, each with an L,M and L:M side to it) of the range of possible line patterns
,each sample with a variables-list description, template (EST), and detailed chart pictures
,broken down to draw TL's in a low-parallelism area
-- a midline area of various size (small, average, large)
and sometimes using small-pattern series (which is read) or small-area separation (which presents more skewed and/or longterm TL's) to modify the central approach of midline areas --
and the other such areas

area ex. 2: various times (11252009 1503EST to 12182009 1503EST and some 06232010 1030EST +)

1a) pivot, L:M
i a variables-list description, template (EST), and detailed chart pictures

2) level, L,M
i a variables-list description, template (EST), and detailed chart pictures
ii a variables-list description, template (EST), and detailed chart pictures

2a) level, L:M
i a variables-list description, template (EST), and detailed chart pictures

3a) blur, L:M
i a variables-list description, template (EST), and detailed chart pictures

5) diff, L,M
i a variables-list description, template (EST), and detailed chart pictures

_____

PLAIN AND CONSISTENT,
EVEN IF MISSES THE POINT
(also addresses Volatility Areas)

i low- (with good, early detection of single-line mid-'s)
a variables-list description, template (EST), and detailed chart pictures
ii low- (with fair, early detection of single-line mid-'s)
a variables-list description, template (EST), and detailed chart pictures
iii low-, w/highlighted a (proposed) mid-area
a variables-list description, template (EST), and detailed chart pictures
* iv mid-, w/ex. of a small high- area
a variables-list description, template (EST), and detailed chart pictures
v high- area, unvariegated of any possible low- or mid- areas within
a variables-list description, template (EST), and detailed chart pictures

TRADEABLE:
PIVOT TREND ANGLES FIRST, TL'S ONLY IF HELP

efforts

 

1. a variables-list description, template (EST), and detailed chart pictures
2. a variables-list description, template (EST), and detailed chart pictures
3. a variables-list description, template (EST), and detailed chart pictures
4. a variables-list description, template (EST), and detailed chart pictures

-----

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










------------------------------------------------------

(revised)

Line patterns (or, trend angle patterns) -- dot, line, blur (dot and line), rep (repeated shape, each a dot-line combo), and diff (different shapes, each a dot-line combo, with a minor -- read dot or line -- feature that ties them together) -- works with some imagination to produce TL's that, generally, skew from the main price-time line.
Skew?
Means it doesn't work, alone.
I tried to
trap an area with volatility areas
make consecutive TL's when an area is especially simple, symmetric or dominant
stick to one type of line pattern and keep doing it
and they didn't work.
The first failed with pure vertical drops bringing the account into margin call,
the second due to unprovability of longterm dominance of a pattern and thus confusion in applying the method,
and the third to the skewed, reason-selective TL's it sometimes, unexpectedly produced and thus increased hold and/or in-trade drawdown.
The general failure of completeness and thus big gaps in chart coverage compelled me to explore someone else's threads.

Scalping / daytrading tells me a trader really has a together chart approach, so rainbows were my first gambit. A harmonics pattern that can be highly precisely measured and then used for profit also says this, for longer-term or intermittent trading.
Rainbow indicators seem to depend on hugging the price-time line, while harmonic patterns work against the price-time line's flow with its short, nearly vertical trends.
Preliminary results reduce the three methods into a range:
rainbow indicators -- with the line
trend angle patterns -- skewed slightly away from the line
harmonic patterns -- against the flow of the line

Rainbow is basically compression reading, with types and actions.
trend angle patterns are types, all producing the same action (TL's from pressure that expands narrowly away from the price-time line).
Harmonic patterns depend on a trendline's midpoint, with its type and action.

I don't know if this will work, and I definitely know I didn't do these two chart methods justice. In addition, I may've missed another method that'd work better. Still, I must do something.



Anyhow,
here's an adaptation of harmonics patterns via my own trend centerlines, with 1-2-3-5-8-13-21-34-55 sma's all crossed over in the smallest areas I could find on the 5'TF, in the green boxes and their horizontal rays. The t.c.s' line segments subtly mix (drawn after the fact) to show how the major turn happens:



If I can explain all turns this neatly. Still need skew lines i.e. pivot trend angles and their line patterns, to call the run above it.

-----

new grouping: symmetry
5 castle-like -- volatility area: symmetry;
4 castle pattern off rolling, -- v.a.: one;
3 rolling, -- diff, harmonic-rainbow,
2 repeated-pattern -- rep
1 internal repeated-pattern -- pivot, level, blur

reason for new grouping, aside from having lost a lot of demo $ from a no. 5 on the g/u 1' yesterday and including the h-r - inspired treating of trend centerlines:
Logr vs. midline pressures that mostly go only one way or express a deadlock can produce great chart turns and TL's.

Attachment 498050
Attachment498005
Attachment 498181
Attachment 498171
Attachment 504932

----------------


(revised)


Symmetry, with relation to chart patterns, is a somewhat common approach to trading amongst several popular Trading Systems threads. Well-known ff traders use symmetry in a basic chart to place TL's.
Thus, I'm switching over my journal's post #1 to this purpose. I believe I have something significant to contribute in this area, and will adapt my dozens of names for chart patterns over to this purpose.

I feel I made a significant discovery. Perhaps it is one that has been found before; I haven't seen it to this degree on the site, yet.
Symmetrical patterns, whatever you name them -- I prefer to break them down according to geometric, symbolic underpinnings, such as 'it looks like a small circle, a period' or 'a bunch of funny lines above a broken-up level' -- create good TL's which serve exact purposes (deviation, horizontal to an approaching vertical, etc.) according to the shape of the symmetry.

I like my mm approach to measuring SL/TP/#lots, keeping that.

The trendlines definition stands; it's also a little too simple, so that most people understand it implicitly just through looking at the chart.
I probably will include logr, midline language, since it neatly divides symmetry pattern usage at times.

Lots of the TL-drawing methods I created and/or use, especially the repetition type, are important to my approach to using symmetric shapes to draw TL's. As noted earlier, I'll convert its description to a more easily understood one.

At first, it'd be easier if I merely listed examples and described them in a way that included any other examples of my approach to symmetry patterns. And no, I'm not going to throw a bunch of useless jargon at others. That's a study habit, and I really think I have a useful chart study method this time.

review / rewrite:

 

1. Keeping dot-level-(two of these) - rep ( similarity of several shapes binding them together )- diff (a dot or a level binding dissimilar shapes together) idea
2. and the pivot trend angles -- converted for symmetry use, as in symmetry (- pattern -inclusive) angles -- idea,
3. and adding deviation and its versions and other traditional terms along this nature,

working on a new structure to tie in the range of the 2nd and 3rd ideas to keep for each symmetry pattern the internal description the 1st is.

Okay then.....

(Post #1 reflects first and future rewrites of the above to bring in this method.)


latest version



demo

MM:
"Cut losses short and let your winners run." Googled.
consistency (something about it goes here)
#lots/SL
To avoid having to calculate at every price, I could just 'circle 20' (lots, SL) and proportionally go around that number if still unsure about a trade : Multiplier=divider; thus, 2 is 40 SL, 10 lots, for ex. Very loose, seems reasonable. TP, whatever I can get.

STUDY:

geometric breakdown and Logr vs. midline pressures adjusting from type of area
internal chart, at the candle level:
that wend the price-time line within each bit of a pattern so its pivot trend angles go left or right
internal/external TL from chart and within a patterned area:
that bring an entire pattern to go mostly only one way or express a deadlock between two of the same
external pattern, each an overall pattern that thus makes its own set of TL's:
the origin of a logr (or only the midpoint of a midline) as a dot/pivot
a midline without a midpoint (or two opposing logr's) as a level
external as an internal/external that is combined with another symbolic part of a greater pattern and its TL's:
blur(two of dot and/or level; symbolic shapes (circle, rectangle) empty of to filled with 'scribbles')
rep(any shapes similar, next to each other, producing an implicit, subtle representation of an L:M conflict)
diff(a dot or a level representing an explicit L:M conflict and binding any dissimilar shapes))
type of symmetry in a general area, expressed with the chart area's central, controlling pattern
1 internal repeated-pattern -- only one simple, oft higher-TF, TL; continuous with only immediate control of direction
pivot, level, blur
2 repeated-pattern --TL's drawn with a proxy line discontinuous with a moderate control of direction
rep
3 rolling, -- Hi/lo, natural and literal mid's, and any logr's, with an ever-changing set for each portion of the pattern as one goes along the price-time line of the pattern; continuous with a proportional control of direction
diff, harmonic-rainbow
4 castle pattern off rolling, --Hi/lo, natural and literal mid's, and any logr's, with extra emphasis on small internals; continuous from one control and for a longterm control of direction
v.a.: one (symmetry pattern that defines a much higher TF's area)
5 castle-like --Hi/lo, natural and literal mid's, and any logr's; continuous control of direction
volatility area: symmetry (highlighting boxes, each typically around an overall shape of two opposing patterns with a centering pattern in the middle, and TL segments between them)
purpose of a general area
each symmetry patterns' areas are buildable with traditional and highly useful ideas such as using an area for a deviation that is slight and eventual or immediate and a right angle midpoint-type It's like, what purpose does each symmetry pattern and its area serve.
TL's from one or more general areas example 1: slideshow, template; ex 2: s, t; ex 3: s, t; ex 4: s, t
a series of general areas
with symmetry angles, having one blend each symmetric pattern in with the more significant pivot trend angles connected to it, one can much more easily figure the current area from without any TL's, a much improved overall and specific view (destroys the concept of TF) from the symmetric angles over only pta's, incredibly speeding up a (lowest-TF) chart's legibility and making trade position watch between entry and exit easier




.

(revised)

MM:



brain status (something about it goes here)
"Cut losses short and let your winners run." Googled.
consistency (something about it goes here)
#lots/SL
To avoid having to calculate at every price, I could just 'circle 20' (lots, SL) and proportionally go around that number if still unsure about a trade : Multiplier=divider; thus, 2 is 40 SL, 10 lots, for ex. Very loose, seems reasonable. TP, whatever I can get.
expectancy rate (borrowed) Given an a% win/loss ratio and b:1 win/loss size ratio, calculate APPT = (Probability of Win x Average win) - (Probability of loss x Average loss)
= (a% of c pips) - ((100-a)% of c/b pips) = (d pips) - (e pips) = # pips per trade "expected". Final expectation of profit over a time period is # pips profit per trade on average.


STUDY:

description

candlesticks. Logarithm vs. midline nature of them. To go mostly only one way; or, express a deadlock between two of the same; or, a build one way and then a spasmodic letgo of that build due to crossed direction of pressure.

-------------LINE PATTERNS : four descriptions of types 1-5-------------

NAME (APPEARANCE)
1 internal (pivot/dot, level/line)
2 both/shape (blur)
3 repeated
4 rolling (differentiated / L:M-repeated)
5 castle (symmetric) opt. off rolling
CHARACTERISTIC (EXPRESSION OF PRESSURE)
1 a simple internal L:M relation
2 regular polygon (n=3-4, infinite: triangle, square, circle; to produce dot, line)
3 proxy line balancing the other TL's fro,at,to
4 dependent dot or line (set) the patterns related to it actively react with L:M-wise
5 parallel (hi,lo, mid true, mid natural, logr) lines
CONTINUITY (NO FALSE EXPRESSIONS OF OVERALL DIRECTION)
1 N with occasional partial Y help on pivot
2 somewhat random percent of Y
3 immediate N within pattern's area, then Y for a medium while after
4 Y within its set area and then during TLs' affect
5 Y, multiply divided (only split, with rolling) and thus, in a sense, forever
CONTROL (LENGTH OF HOLD PRESSURE HAS ON DIRECTION)
1 immediate
2 shape-dependent
3 moderate
4 proportional (while others do)
5 reframes continuously (anchors for longterm, off rolling)

--------various indicators to help select potent and easy line patterns---------

1. Volume Teacher v4. High-volume candles, very low then very low - volume candles, low-volume candles. Matching, opposing price range in the bar(s)/candle(s); helps select more potent TL's when mixed with other indicators.
2. 1,2,3,5,8,13,21,34 sma's, single color (personal, likely not ideal, choices) on 'None' most of the time). V's and tiny circles with all lines within them. Price-time line progression along horizontal TL segments.
3. Market Hours. 2-12 pm volatile, 12-2 calm, 1-3 pm turn. Opposing repetition, change in trend.
4. DutchCandle. Ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau) shapes to figure direction and draw TL's from.
5. Zigzag. Symmetry (pivot trend) angles. Entire-area pivot switches, repeated logr's from one s/r touch to the next, and others. A native sense of the angles helps, especially in speedy read of chart.
6. and others

examples example 1: slideshow, template; ex 2: s, t; ex 3: s, t; ex 4: s, t







.

I've been trying to make the Dutch Candle indicator essential to my trading, and I got this --

(revised)

Made the last post centerpiece of my method.

_____________________




If I take seriously the # and thus the leverage where SL=#lots (instead of testing the margin call with a near-infinite SL and leverage-maximum #lots),
then the only mm I care about now is consistency expectancy thru volume and frequency of past trades.




These are my spreadsheet columns' titles:

(rank)
base profit
X+
#
base loss
X-
#
rank
---- "base profit (loss)" the least and baseline amount of profit and loss each round of trades; the - and + separation of X etc. is to allow use of risk:reward measuring
---- "X" the multiplier at which # ("#") number of trades have their approximate profit or loss; as in, 50 75 55 80 100 has three approximate X's of 1, 1 1/2 and 2 with a respective # of 2, 2 and 1
---- rank: a formula -- sum approximate X's*#'s @; measures efficiency per trade


(body)
direction closeness to a perfectly trued gut instinct
(M)ajor (how true to the chart use of the trade reason was)
(m)inor (hints of how true the next trade's will be)

bad ---- exclusion (Dot outside of a corner)
neutral ---- parallel (two vertical parallel lines)
good ---- balance (a vertical tilde) – from where study-informed and - experience–trained gut instinct traces next chart move
neutral --- maturation (an up carat on top and a down carat below it)
bad ---- exchange (line with a carat on either side of it)


(brain)
. or _ ---- that is, in order and in a sense, emotion or reason;
too much nontrading energy, such as emotion, spent with .;
and, too much trading energy, such as reason, spent with _ .
The best is the middle. This would be to use a dispassionate logic with the occasional emotion to keep it in line for the trading method. Then, one lets the trade 'happen', moving on to the next one and sticking to the implied rules.

(correction)
_/ or X---- Did the work or not to stabilize and improve rank. If . or _, then do the other (1+ more trades) until doing both (the noted 1 extra trade), and then do neither (a 2nd(+) extra trade) and thus logic. If left/up bad and right/down bad, then next trade is at least one neutral, 2nd extra trade both neutrals, and 3rd extra trade at least somewhat the good. Of course, step down a notch trading when doing this -- Real to pennies, pennies to demo, demo to simulator, simulator to paper. Never work solely on paper, because that implies you're not ready to trade.





(action)



DutchCandle.
Ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau) shapes
The entire method is this:

 

1. drawing angles with line segments:trend,deviation(picture's 'resist.') and occasional symmetry of angles, plus the literal angle of each trend contacting each pivot and with only outer TL's, within line patterns to define level; also, Dutch Candle red candles in general and currently may be more responsive, that is, have more intercandle action related to it on the main chart, than green candles in general and currently; these are constant AND critical
2. interpreting the Dutch Candle patterns:overlapping effect and strength of Dutch Candle (removes price difference between candles) ordered shapes; this is constant and of average importance
3. selecting TL rays to make from those line segments and especially important ordered shape areas for big moves: pressure raying from any particular level beyond its first two points; this is of average importance
   The optionals are of
   rare critical, which the critical can catch,
   and constant subaverage, which has its average moments and the constant can catch.

work together to read the chart.

Above is a pictorial example of overall use,
and below is a definition of line patterns and a sample of other, optional indicators.

LINE PATTERNS
-------------four descriptions of types 1-5-------------

NAME (APPEARANCE)
1 internal (pivot/dot, level/line)
2 both/shape (blur)
3 castle (symmetric) opt. off rolling
4 repeated
5 rolling (differentiated / L:M-repeated)

CHARACTERISTIC (EXPRESSION OF PRESSURE)
1 a simple internal L:M relation
2 regular polygon (n=3-4, infinite: triangle, square, circle; to produce dot or line, or, for instance, midline-able right angle)
3 parallel (hi,lo, mid true, mid natural, logr) lines
4 proxy line balancing the other TL's fro,at,to
5 dependent dot or line (set) the patterns related to it actively react with L:M-wise

CONTINUITY (NO FALSE EXPRESSIONS OF OVERALL DIRECTION)
1 N with occasional partial Y help on pivot
2 somewhat random percent of Y
3 Y, multiply divided (only split, with rolling) and thus, in a sense, forever
4 immediate N within pattern's area, then Y for a medium while after
5 Y within its set area and then during TLs' affect

CONTROL (LENGTH OF HOLD PRESSURE HAS ON DIRECTION)
1 immediate
2 shape-dependent
3 reframes continuously (anchors for longterm, off rolling)
4 moderate
5 proportional (while others do)



--------optional indicators to help select potent and easy line patterns---------

 

1. 1,2,3,5,8,13,21,34 sma's, single color (personal, likely not ideal, choices) on 'None' most of the time). V's and tiny circles with all lines within them. Price-time line progression along horizontal TL segments.
2. Market Hours. 2-12 pm volatile, 12-2 calm, 1-3 pm turn. Opposing repetition, change in trend.
3. Volume Teacher v4. High-volume candles, very low then very low - volume candles, low-volume candles. Matching, opposing price range in the bar(s)/candle(s); helps select more potent TL's when mixed with other indicators.
4. Zigzag. Symmetry (pivot trend) angles. Entire-area pivot switches, repeated logr's from one s/r touch to the next, and others. A native sense of the angles helps, especially in speedy read of chart.
5. and others

examples example 1: slideshow, template; ex 2: s, t; ex 3: s, t; ex 4: s, t







.



_____________________




(trading)

update

I got the method above to work on simulator, EXCEPT for big runs.
TL's must fill this gap with their attachment to the types of angles, over an as-yet unseeable area -- either too wide or too narrow.
I've seen lots of these big-run TL set's (brTs' (no, just kidding)), and hope I can get over this significant hurdle.

ex. of a big-run TL set.

(old)









(special note: Any time I spend on trading is to test (do until I get the idea of its worth, which can be zero uses) and rewrite the material below.)

----------------------------

If I take seriously the # and thus the leverage where SL=#lots (instead of testing the margin call with a near-infinite SL and leverage-maximum #lots),
then the only mm I care about now is consistency expectancy thru volume and frequency of past trades.




These are my spreadsheet columns' titles:

(rank)
base profit
X+
#
base loss
X-
#
rank
---- "base profit (loss)" the least and baseline amount of profit and loss each round of trades; the - and + separation of X etc. is to allow use of risk:reward measuring
---- "X" the multiplier at which # ("#") number of trades have their approximate profit or loss; as in, 50 75 55 80 100 has three approximate X's of 1, 1 1/2 and 2 with a respective # of 2, 2 and 1
---- rank: a formula -- sum approximate X's*#'s @; measures efficiency per trade


(body)
direction closeness to a perfectly trued gut instinct
(M)ajor (how true to the chart use of the trade reason was)
(m)inor (hints of how true the next trade's will be)

bad ---- exclusion (Dot outside of a corner)
neutral ---- parallel (two vertical parallel lines)
good ---- balance (a vertical tilde) – from where study-informed and - experience–trained gut instinct traces next chart move
neutral --- maturation (an up carat on top and a down carat below it)
bad ---- exchange (line with a carat on either side of it)


(brain)
. or _ ---- that is, in order and in a sense, emotion or reason;
too much nontrading energy, such as emotion, spent with .;
and, too much trading energy, such as reason, spent with _ .
The best is the middle. This would be to use a dispassionate logic with the occasional emotion to keep it in line for the trading method. Then, one lets the trade 'happen', moving on to the next one and sticking to the implied rules.

(correction)
_/ or X---- Did the work or not to stabilize and improve rank. If . or _, then do the other (1+ more trades) until doing both (the noted 1 extra trade), and then do neither (a 2nd(+) extra trade) and thus logic. If left/up bad and right/down bad, then next trade is at least one neutral, 2nd extra trade both neutrals, and 3rd extra trade at least somewhat the good. Of course, step down a notch trading when doing this -- Real to pennies, pennies to demo, demo to simulator, simulator to paper. Never work solely on paper, because that implies you're not ready to trade.





(action)



DutchCandle.
Ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau) shapes
The entire method is this:

 

1. drawing angles with line segments:
   1. trend,deviation(picture's 'resist.') and occasional symmetry of angles,
      plus the literal angle of each trend contacting each pivot and with only outer TL's, within line patterns to define level;
   2. also, Dutch Candle red candles in general and currently may be more responsive, that is, have more intercandle action related to it on the main chart, than green candles in general and currently;
   3. looking for and only rarely drawing line patterns that fit in with the angles to make a big run/drop, which takes looking at and drawing between several screens for a screen that is too low or high to be seen

   -- these are constant AND critical

2. interpreting the Dutch Candle patterns:overlapping effect and strength of Dutch Candle (removes price difference between candles) ordered shapes; this is constant and of average importance
3. selecting TL rays to make from those line segments and especially important ordered shape areas : pressure raying from any particular level beyond its first two points; this is of average importance
   The optionals are of
   rare critical, which the critical can catch,
   and constant subaverage, which has its average moments and the constant can catch.

work together to read the chart.

Above is a pictorial example of overall use,
and below is a definition of line patterns and a sample of other, optional indicators.

LINE PATTERNS
-------------four descriptions of types 1-5-------------

NAME (APPEARANCE)
1 internal (pivot/dot, level/line)
2 both/shape (blur)
3 castle (symmetric) opt. off rolling
4 repeated
5 rolling (differentiated / L:M-repeated)

CHARACTERISTIC (EXPRESSION OF PRESSURE)
1 a simple internal L:M relation
2 regular polygon (n=3-4, infinite: triangle, square, circle; to produce dot or line, or, for instance, midline-able right angle)
3 parallel (hi,lo, mid true, mid natural, logr) lines
4 proxy line balancing the other TL's fro,at,to
5 dependent dot or line (set) the patterns related to it actively react with L:M-wise

CONTINUITY (NO FALSE EXPRESSIONS OF OVERALL DIRECTION)
1 N with occasional partial Y help on pivot
2 somewhat random percent of Y
3 Y, multiply divided (only split, with rolling) and thus, in a sense, forever
4 immediate N within pattern's area, then Y for a medium while after
5 Y within its set area and then during TLs' affect

CONTROL (LENGTH OF HOLD PRESSURE HAS ON DIRECTION)
1 immediate
2 shape-dependent
3 reframes continuously (anchors for longterm, off rolling)
4 moderate
5 proportional (while others do)



--------optional indicators to help select potent and easy line patterns---------

 

1. 1,2,3,5,8,13,21,34 sma's, single color (personal, likely not ideal, choices) on 'None' most of the time). V's and tiny circles with all lines within them. Price-time line progression along horizontal TL segments.
2. Market Hours. 2-12 pm volatile, 12-2 calm, 1-3 pm turn. Opposing repetition, change in trend. Another way to use this is to draw a TL from the open of 1pm to the close of 2:59 (or :55, etc.) pm.
3. Volume Teacher v4. High-volume candles, very low then very low - volume candles, low-volume candles. Matching, opposing price range in the bar(s)/candle(s); helps select more potent TL's when mixed with other indicators.
4. Zigzag. Symmetry (pivot trend) angles. Entire-area pivot switches, repeated logr's from one s/r touch to the next, and others. A native sense of the angles helps, especially in speedy read of chart.
5. and others

examples example 1: slideshow, template; ex 2: s, t; ex 3: s, t; ex 4: s, t



While angles and Dutch Candle work together with the occasional TL ray well for 80% of the time, sometimes a trend so big it gets rid of the entire account happens. So I was thinking, what do I need to do to go past this hurdle?
The last time I crashed my account, I entered the angle-based TL set that determined the big turn that I fell short of trading well on. (It's in a journal post.) I later checked on a few other big runs and saw they have a different group of patterns, the interpattern group of pattern features.
Then, I made a prt (pattern recognition table):

ANGLE.......................................................PATTERN..............INTERPATTERN
.internal of pattern, a deviation TL....................... . ................ logr
", a trend TL.................................................... _ ................ midline
internal and external of pattern, a symmetric TL..... _ . ................ fill-in
external of pattern, TL vs. the general trend.......... rep ................ opposition
", " with "......................................................... diff .............. progression

So, now I'm practicing to regularize big-trend moves's discovery with the interpattern column's pattern features.


___________________

Warmup 1h daily on simulator.
.



_________________________


(revised)


-----

angle lines (zero-pressure TL rays) (ex.'s 1, 2, )
-- divided i-, o- of a given pattern, and may consider a piece of the price-time line as a shape and its comparison (such as midline, logr, fill-in, opposition, progression) with another shape

1. static (bunch/blur,) -- one TL
2. static-dependent (diff,) -- sev'l patterns all dependent on one line or broken-up line
3. proxy-static (rep,) -- a crossover of TL's with one a proxy line
4. multi-direction (pivot/one,) -- sev'l / fan of TL's
5. any-direction

to watch for a big run/drop (and then enter the appropriate TL set to match it):
DutchCandle, which records no price change between candles -- ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau; consider bull, bear, or bull-with-bear symmetries) shapes
-- with the main chart window's devsym angles:

-------------------------------







----------------------

A really big problem I have now is justifying the energy. My lines work, and yet, time and time again, I'm surprised the price-time line obeys my lines so fiercely. Fortunately, my lines are almost all obeyed nowadays, after a few years of daily practice and theory rewriting about how to approach them. It's the Last Mile, why and how much the pt line obeys my lines, that I need.
That should break me through to capture and/or not be victimized by the big runs/drops.

Whatever I find to do this, it'll be a while. I begin with turning the attention of devsym angles with Dutch Candle to the purpose of to watch for a big run/drop, and then to spend extra effort drawing a TL set to match the likes of one.

Okay, enough. With one or two hours of simulator warmup, I can pretty much wipe the floor of forex. Except. Big runs/drops. So, I devote my time to them. (Don't want to, enjoy the noted action. Oh. I can do so even MORE?! Okay, then.)

I got two examples. It's that harsh symmetry and very strong reaction to certain types of patterns that gets me, no, gets forex to move like a big dog. I mean, MOVE.

So I'm on paper. I guess I deserve it, since I get only so far.

-----

The two examples are this and here. The first is okay, I was in the groove to make it; then second basically only has one line right, the lowest one off of which the price-time line jumps speedily, and the rest is ignorant of the subtle interplay that the first example represents.

So that's all I have right now.

I HAVE to get this; else, where all those years?


-----

(after a little thought)

I know that a warmup with devsym that includes lp lines from devsym, and thinking of areas, is a good beginning. The former keeps me into subtle interplay and the latter sets where I understand the sublety.


----






trading simulators

1. LFH Simulator (zip), thread
2. VHands Simulator (each file, not php): vHandsTrade, vHistory, VisualTestingTools, vTerminal, vhandstrade.tpl, vTerminal (the pdf); thread

another simulator thread.
I prefer LFH's simplicity; using only one TF suits my method. On the weekend, though, its spread on MBT goes to 17 or 25 for gbpusd and you can't trade on Alpari. Not sure why and it may only be sometimes; this is my best guess on what happens.
So when these problems crop up, I switch to VHands. Well, that's the plan. I'm having troubles starting the program.... Oh, wait. I got it. VTesting Tools has "(1)" attached to it, I merely erased it from the title and compiled VHands again. That worked. Neat! Now, if I can trade...
Couldn't find the original LFH site of the program's writer; the site name on software is sold.



-----------------------








Okay, I'm trying to work thru on the big run/drop inclusion. What I have to now, is yet another collection of shapes --

1. around any sym,
2. resist- and trend-;
3. lp- sym (the static -to - anywhere range),
4. rep (proxy: past, current or future)
5. and diff (a severe L:M, only maybe I can use the logr, midline, fill-in, opp and progression list above) .

My first try at it (see notes on pictures):

Pro's and cons to this approach: It's regularized. I used all the shapes on the list, tho diff's proposed inner list was cursorily treated. Right now, diff's inner list is merely a sample bag the price-time line dips into to explain an area's crossover of former ideas.
cons: It's messy. I like the original correct example's lp line - only clarity. Both the original (and the wrong-original) and the one above have a lot of symmetry, enough to get the same method.
Oh, and the last picture above, I just happened to see the two opposing shapes, and know nothing of how to figure this beforehand. That the one pair of opps landed on the lower right TL may be something, at least, to, say, end the TL's utility. (They look more opp on the 1'TF.) At a glance, with the first of the lower right opp, the Dutch Candle up-and-down spike match could be used on the latter pair as a return price point -- er, well, the base of that run and thus a bunch (a filled-in rectangle on either side of a TL) noted with arrow-- during the 12-2am EST, and, with the second of the lower right opp, this latter pair then adjusts itself session-wise via differing volatility to explain the 2-12pm.
Okay, the second half, in the fifth picture, makes a little bit more sense now.

(continued)
Looking at that fifth picture, I see an opportunity for a new list from diff's etc.:
compromise/surround/fill-in, ------------- The first is very much a hi and lo line and then a line between them compromising, then one vertical line later eclipsed with a taller one, and lastly an empty space 'filled in' in a later copy of the area that's filled in with the price-time line.
45 or 90-degrees difference, ---------- The second is the obvious geometric measure, only occasionally showing itself with straight trends.
copy-opposition (kind of a rep-lp combo: more opposition makes it more likely to be an lp),
logr-midline, and
diff/progression. The last three are already explained.
Compare it to this earlier list --

 

1. around any sym,
2. resist- and trend-;
3. lp- sym (the static -to - anywhere range),
4. rep (proxy: past, current or future)
5. and diff (a severe L:M, only maybe I can use the logr, midline, fill-in, opp and progression list above) .

-- and a new list --

1. around any sym,
2. resist- and trend-;

goes with
and diff (a severe L:M, only maybe I can use the logr, midline, fill-in, opp and progression list above) .

Compromise/surround / fill-in / 45 or 90-degrees difference / logr-midline / compound-to-simple symmetry------------- all single-dimensioned variables.
copy/opposition is derivative of symmetry, and brings in the lp (including its static - to - all-directions TL's range) - rep comparison.
Then there's a mixed bag, diff:
Condensed-logr (c-l) -- if geared to one idea (a horizontal line, a stack of a tiny logr (almost) atop a tiny midlining area; or an easier to recognize idea, a large area that's midlining or symmetric below a certain price and logr'ing above that price);
logr cycle (l-c) -- resist - trend with sym for the trend centerline angles going to horizontal, and one can throw in Dutch Candle with its ordered shapes and/or general bull/bear impression to help.
I kind of like the first grouping, Compromise/surround / fill-in / 45 or 90-degrees difference / logr-midline / compound-to-simple symmetry, for an ersatz 'completion' idea.
Too, sym can stand on its own. I've seen a half-hour 1'TF pattern rule the charts for several weeks in a row, and do a decent job for months thereafter.
Lastly, there's viral. I keep forgetting about it. You see it when you string 45 - 90 degree angles together; now, that can rule, because it gets bigger as it goes along. Oh yeah, and logic dot. Overlaying two reasonable ways of somewhat-evenly dividing an area and projecting each past their usefulness one more time, reaching the logic dot. I'm going to leave conceptual news bsTL's alone, despite their effectiveness.

That was a spin around the block.

Well, there's certainly the range of ideas --
Compromise/surround / fill-in / 45 or 90-degrees difference / logr-midline / compound-to-simple symmetry
copy/opposition is derivative of symmetry, and brings in the lp (including its static - to - all-directions TL's range) - rep comparison
Condensed-logr (c-l) -- if geared to one idea (a horizontal line, a stack of a tiny logr (almost) atop a tiny midlining area; or an easier to recognize idea, a large area that's midlining or symmetric below a certain price and logr'ing above that price); or, logr cycle (l-c) -- resist - trend with sym for the trend centerline angles going to horizontal, and one can throw in Dutch Candle with its ordered shapes and/or general bull/bear impression to help.
viral, conceptual, logic -- three more tough ideas
okay, I got one -- line segments designed with a certain progression in mind, one that reflects the area at hand

(no more time on the last post)

-----
Well, there's certainly the range of ideas --
Compromise/surround / fill-in / 45 or 90-degrees difference / logr-midline / compound-to-simple symmetry
rep-lp -- an average idea: a somewhat tough idea, with pivots off the price-time line used and on-the-spot experimentation necessary. Copy/opposition is derivative of symmetry, and brings in the lp (including its static - to - all-directions TL's range) - rep comparison
diff -- A reasonably tough idea, not as much so as the next one. Condensed-logr (c-l) -- if geared to one idea (a horizontal line, a stack of a tiny logr (almost) atop a tiny midlining area; or an easier to recognize idea, a large area that's midlining or symmetric below a certain price and logr'ing above that price); or, logr cycle (l-c) -- resist - trend with sym for the trend centerline angles going to horizontal, and one can throw in Dutch Candle with its ordered shapes and/or general bull/bear impression to help.
viral, conceptual, logic -- three more tough ideas, the toughest to make and accept. Strange that I put these together, because now I realize how similar they are. Viral is 100% a '45 or 90-degrees difference' idea; logic (dot) is a spacing idea which leads to a single level, and thus related to the same idea; and, conceptual, which is my true realization, is a big - news and a high - volume one - candle application, where one reaches from that candle to some sort of balance (a one-pip dot, a spinning top, etc.) -- even my post's chart's double-trend, double-symtri TL ('balance line' AH! a fourth idea.


organized:

The simple ideas I've really played through on with more complex ideas are

1. one or two small areas the Compromise/surround / fill-in / switch-sides(.) / (a compound-to-simple symmetry that's restricted to a single area with no or few other ideas dominating). Minor tricks the price-time line does to keep going, I suppose. When it's really compact or large and affects other areas greatly, then a higher-level idea is needed.
2. grid 45 or 90 - degrees difference, with viral/ conceptual/ logic /(the proven form of double-triangle version of) balance line. It's more about grid or point of origin than a pattern and its area of affect. That reminds me, there's another:
3. cycle -- fan, or dot and wall; and, oh yeah, pip line. I've done some simple TL-thru-the-middle-of-a-balance-pattern series of TL's, too. Next,
4. repetition copy/opposition, with lp (with its static - to - any-direction; I made a drawing of it here) - sym - rep; and now this
5. shape dependence logr/midline, and resist- - trend with sym, with diff. The complex idea to go with these, I guess, borrows symmetric patterns from the fourth level of ideas to include those that are juxtaposed with the much larger TF chart's logr so that the s.p. takes hold of the price-time line for a while.

Memory lane..
This one gathers all the good ideas I can recall now into a viable categorization. The levels are the same as before -- dot, line, dot and line, rep and diff. Now, each of these levels is an effective higher-order idea. With this replacement, vagueness is a threat to destroying the notion of levels; I have to be careful of reusing the same chart area for different levels and methods. Symmetric patterns undergo special scrutiny in this case, because each level uses them or a subset of them in its own way.
So, I want to discard old notions of dot such as a small, internally-balanced patterns that produce TL's from it. This type of pattern at first glance seems to be a type one line pattern, because it's small and symmetric; it is better to be considered a cycle pattern, because it fans through the rest of the chart.
one example of a small, internally-balanced pattern that produce TL's from it; this one is better explained as a semi-static lp that is fortunate to be positioned to cover all of the immediate area after it, even with the price drop after then and turning to only the base line; finally, in the last picture, my guess right now is that the price-time line went horizontal and then vertical on the pattern's TL, thus leaving the area altogether:

----------------

on a side note:
Everybody's so at each other's throat at the Cable Update (GBPUSD) thread, I might as well give the opposite view of everyone else and say I'm on demo. Just so I make the best, legitimate explanation I can.
No, probably not. "Demo" 's too much for them.
I gotta call the big 'uns, tho.

Practice.....


-------------

I added returns in the line patterns list,
rewrote post #1's blurb that goes with 'devsym angles'
(" With the main chart window's devsym angles can go DutchCandle. It records no price change between candles; thus, it isolates up or down direction. I like to use ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau; consider bull, bear, or bull-with-bear symmetries) shapes to help interpret its general flow and sometimes place horizontal lines.
Devsym angles with Dutch Candle: ".) ,
and included a to-do list between the general list of line patterns and the specific ones I use for everyday ("

chart study

I continuously passively watch and rarely take action to draw big-move TL's from line patterns type 1-5 as they form on the chart,
and only continuously actively watch pivot trend angles in terms of their symmetry and to fairly regularly draw lp's and resist- and trend short line segments to understand the time between big moves.").



----------

Okay, let's see if I can follow my own instructions and get a whole bunch of big moves in a row.

Okay, I have the skeleton of the chart, its core, the trunk of every chart area. Wide-set lp's, oft using unusual devices to get at the center point of a well-positioned pattern's sense of balance, do the trick.

directions blurb on post #1, rewritten: "

chart study

I continuously passively watch as they form on the chart
and rarely (actual rate dependent on central TL's progression) take action to draw big-move TL's, the core of the chart, from line patterns type 1-5 -- wide/split-base lp's, the origin of each TL oft using unusual devices (multiple midlines, triangles, etc.) to get at the center point of its well-positioned pattern's sense of balance,
and only continuously actively watch pivot trend angles in terms of their symmetry
and to fairly regularly draw lp's and resist- and trend short line segments, mostly to understand the time between big moves, to build upon the core of the chart,
all in timing with what available time I have to watch the chart and thus to set any trade I may undergo.
"

I'm currently working on the timing of when to draw the big-move TL's so that I can trade on their declaring direction at the earliest point. I'm comfortable with drawing them and with watching angles develop; it's easy to get caught up with Strategy Tester telling you every last moment of information from the chart, and then when I get to demo, I have to step away from the computer for hours at a time and thus to depend on TL's already drawn.
An example of this roadblock I now have is below:







------------------------------------

rewrite of post #1's instructions:

chart study

 

1. *NECESSARY* All in timing with what available time I have to watch the chart and thus to set any trade I may undergo,
2. I continuously passively watch as they form on the chart,
3. and rarely (actual rate dependent on central TL's progression) take action to draw, big-move TL's, the core of the chart, wide/split-base lp's, the origin of each TL oft using unusual devices (multiple midlines, triangles, etc.) to get at the center point of its well-positioned pattern's sense of balance (ex.s 1,2,3,4,5,6,7,8,9,10),, simple helper lines to abbreviate an area okay if wide lp's good enough
4. and only continuously actively watch pivot trend angles in terms of their symmetry
5. *OPTIONAL* and to fairly regularly draw lp's and resist- and trend short line segments, mostly to understand the time between big moves, to build TL's -- including any from line patterns type 1-5, the original source of lp's and use of pivot trend angles, and where one occasionally has to dig into to get an answer to represent the chart with (which then leads to a wide lp one missed) -- upon the core of the chart and so decrease trading risk to an acceptable level.

---------------------------------

(old)

Just another method dump.
simulator: I was having trouble coordinating angles and TL's together, so that it threw off any chance I had of understanding the overall flow of a reasonably large (1'TF) area.
On the plus side, I got much better at mm, that is, I burned into me selling off some lots is a good idea to avoid margin call and, most of the time, get the original TP after a much longer hold.

_______________________

chart study

 

1. *NECESSARY* All in timing with what available time I have to watch the chart and thus to set any trade I may undergo, I continuously passively watch and rarely (actual rate dependent on central TL's progression) take action to draw TL's as they form on the chart,
2. I must take a TL or set of TL's ONLY for what it's worth, and note the price-time line's progression through it as carefully as possible lest I grow too fond or mistrustful of the TL('s);
3. , the lines which I take action on being large-move TL's, the core of the chart, more price-time line - followed lp's, the origin of each TL oft using unusual devices (multiple midlines, triangles, etc.) to get at the center point of its well-positioned pattern's sense of balance (ex.s 1,2,3,4,5,6,7,8,9,10; somewhat of a new version of the older cycle idea of simple TL-thru-the-middle-of-a-balance-pattern series of TL's), simple helper lines to abbreviate an area okay if lp's good enough; a note of stronger vs. weaker lines, normally
4. and only continuously actively watch pivot trend angles in terms of their symmetry -- entire patterns get easier to read for angles, once practiced in watching the price-time line interact with lp's
5. *OPTIONAL* and to fairly regularly draw lp's and resist- and trend short line segments, mostly to understand the time between big moves, to build TL's -- including any from line patterns type 1-5, the original source of lp's and use of pivot trend angles, and where one occasionally has to dig into to get an answer to represent the chart with (which then leads to a wide lp one missed) -- upon the core of the chart and so decrease trading risk to an acceptable level.

Attachment

* with rep: low-pressure lines (lp's, or zero-(low-)pressure TL rays) (ex.'s 1, 2, 3, (Look at the picture names to tell there's a series of different chart areas represented in each example.) ) -- Note that the order below matches the above list's, only with a shift in number.-- divided i-, o- of a given pattern, and may consider a piece of the price-time line as a shape and its comparison (such as midline, logr, fill-in, opposition, progression) with another shape

1. static (bunch/blur,) -- one TL, a small area or two (beginning the TL)
2. static-dependent (diff,) -- sev'l patterns all dependent on one line or broken-up line
3. proxy-static (rep,) -- a crossover of TL's with one a proxy line
4. multi-direction (pivot/one,) -- sev'l / fan of TL's
5. any-direction -- grid

~sometimes with diff: angles With the main chart window's devsym angles can go DutchCandle. It records no price change between candles; thus, it isolates up or down direction. I like to use ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau; consider bull, bear, or bull-with-bear symmetries) shapes to help interpret its general flow and sometimes place horizontal lines.
Devsym angles with Dutch Candle:Attachment

line patterns

1. one or two small areas the Compromise/surround / fill-in / switch-sides(.) / (a compound-to-simple symmetry that's restricted to a single area with no or few other ideas dominating).
   Minor tricks the price-time line does to keep going, I suppose. When it's really compact or large and affects other areas greatly, then a higher-level idea is needed.
2. grid 45 or 90 - degrees difference, with viral/ conceptual/ logic /(the proven form of double-triangle version of) balance line. It's more about grid or point of origin than a pattern and its area of affect.
   viral grid. I keep forgetting about it. You see it when you string 45 - 90 degree angles together; now, that can rule, because it gets bigger as it goes along.
   logic dot. Overlaying two reasonable ways of somewhat-evenly dividing an area and projecting each past their usefulness one more time, reaching the logic dot. logic (dot) is a spacing idea which leads to a single level, and thus related to the same idea.
   conceptual (a balance TL set off one candle): My true realization, is a big - news and/or a high - volume one - candle application, where one reaches from that candle to some sort of balance (a one-pip dot, a spinning top, etc.)
3. cycle -- fan, or dot and wall; and, oh yeah, pip line. I've done some simple TL-thru-the-middle-of-a-balance-pattern series of TL's, too.
4. repetition copy/opposition, with lp * (with its static - to - any-direction; I made a drawing of it here) - sym - rep
5. shape dependence logr/midline, and resist- - trend with sym ~, with diff. Diff(erentiated) is patterns that all conform to a single shape, such as a level or a compact L:M pattern.
   I guess it could also mean a changing series of midlines along a turn (the 'harmonics-Gartley' idea posted in the journal; ) it has a modest logr value to it.
   The complex idea to go with these, I guess, borrows symmetric patterns from the fourth level of ideas to include those that are juxtaposed with the much larger TF chart's logr so that the s.p. takes hold of the price-time line for a while.

Attachment
Attachment

_______________________


Here's what I mean about "understanding the overall flow of a reasonably large (1'TF) area":

My favorite is picture #5, because it simply runs a good way to one's TL set and bounces onto every TL of the set.
Anyhow, you have an example of what I mean about representing an area. Of course, this is just a channel and the market often isn't one.
Other things to consider are the details within the area to make a trade and drawing a TL set for the next area.

Here's another example. In this one, I relied on the TL set in the first trade, and then gave up on the second and third. Plus, I think I missed a line that I could have put in, had I understood how good the lines were after the first trade. Thus, I made far less than I should have in the second trade, and, in the third and last trade, put my account at high risk through ignoring and failing to build on the lines I'd made.
And this was on a positive account. So this is my usual habit, why I fail. Because I fail to recognize and act regularly upon the worth of my lines. Well.... also ... Anyhow, that's what I want, to get rid of any variables besides them and, in a distant second, the price-time line's reaction to them.

A corollary to this is that taking an SL, and thus #lots, or a TP set before chart study finds them, is yet another path leading to self-destruction. And, any resemblance these three have to being preset reflects the quality of chart study one just did.

Recently, I posted a few times on the use of higher TF's. Don't ask me why, I'm no expert, the occasion just appeared.
So now, I feel compelled to include their significance in my method. Maybe it'll help.

When I draw old higher-TF trends' TL's at line patterns at each side of the trend, typical readings of the trend through the resultant TL set happen.
1'TF patterns fit well around these significant trend turns, so a simple read-through of a chart to identify these turn patterns using a minimal number of TL's may help. I don't think one can jump in and draw a bunch of TL's and get away with thinking one can understand which patterns are major turn patterns, because I've tried and failed.

A large area on a higher TF (not much higher, say 5 or 15') usually has a couple of things going on, such as a tendency to dip below a common horizontal line and also a shape curving to the left as if ready to be opposite a shape that is a mirror to itself. The first attribute leads to a lower touch on the horizontal, it would seem.


Of course, all this is specious and not too applicable. Details are necessary.
Drawing a decently sized 1'TF area's TL set, and then the next one's, etc., without drawing the TL set of each of the average areas between the chosen ones, could be enough to get a trade through very large trends.


------

Rewrote post #1's mm, more window dressing right now:

mm

a few may apply --

1. time available to trade (affects time)
2. reason needed to set SL (affects price)
3. a loss - to - in-trade drawdown selection (price and time)
4. leverage at which SL=#lots
5. style of trading:
   1. exclusion (Dot outside of a corner) – nontrading involved and ignoring trading
   2. parallel (two vertical parallel lines) -- acting neither involved nor uninvolved
   3. balance (a vertical tilde) – from where study-informed and experience–trained gut instinct traces next chart move
   4. maturation (an up carat on top and a down carat below it) -- entire method, carefully
   5. exchange (line with a carat on either side of it) – of considering the chart as if it is you -- sloppy, too involved in the trade, expectant

(trading)
Simulator.

Just doubled account on sub-100:1 every day for two days. In an hour, chart study included.
Thus, my process -- Do same, only at twice the speed so can fit a week in 89' a day. 7 days a week.
Do it for a month. Then trade demo, double a day at normal speed. Much tougher. Increase psych preparation each trade and overall.
Do it for a month.
Or, do a year of trades, double account a simulator 24 hours, as many hours in a day as can, until done.
Next, pennies for THREE months.
That's five months with one trading method.
Finally, real.

Or, I can keep getting margin calls. Four in two days!

-----

I AM finding how real that new psych list is. Every name in the checklist, critical.

-----

EDIT:
Eight in one day!


------------------

It seems I've made almost the exact same post in my journal several times before.
I've made no progress in the past year, perhaps.
I need a drastic, positive change.

On the other hand, my edge is much more defined. (whoopee.)

----------

To that effect, I rewrote the intro to Line Patterns in post #1 to explain why I organized them the way I did:

line patterns


How to use the list of line patterns:

1. number The list addresses the infinite #TL's thru division of types of TL's for any pattern, so that one may find and leverage major patterns each area to get a concise and accurate approach to drawing TL's.
2. area One may choose of the line pattern type's # 5 (high rank) to 1 (low rank), for perspective over an entire area,
3. position and center onto each position, that is, each consecutive micro-area, thru the line pattern type's # 3 (high import), 2 or 4, or 1 or 5 (low import), and noted for per-type separation with "i of area line pattern" (i.e., the micro-area is determined from a line pattern or group of same inside of it), "i>o", etc.
4. clarity Sometimes, a concise, accurate graphic representation is needed. Thus, one would go with a higher-ranking type of line pattern;
5. ease otherwise, recognizing the patterns and imagining the easier TL's from them is often enough. Thus, one may choose a lower-ranking type to facilitate this.

---------------

(old)

post #1 dump:



____________________________

mm

Stay on a level with what the market is doing, instead of trying to control what it does at any one moment, and you'll make money in the long run.
And, you always got to be in the ball park of the right number. Within safety, regardless of your need (fear and/or greed working the most damage around the possibility of a big P/L).
It'll obey your line patterns' TL's. Often, surprisingly sharply. But, HOW it obeys it is its (the market's) own thing. Often, to get to another TL (set) you already drew. SIGNIFICANCE -- The name of the game. Pattern ranking, in line with the overall area's direction, and similar notions.

Attachment , a yes or no checklist approach to mm:
ito: chart study (1=Yes, -1=No)
_____________

1. (current)
2. (overall)
3. belief in
4. no distraction from trading
5. safety vs. bad trade result

________
SUM trade effectiveness



examples of checklist identification --

1. no distraction from trading time available to trade (affects time, focus)
2. belief in reason needed to set SL (affects price)
3. safety vs. bad trade result a loss - to - in-trade drawdown selection (price and time)
4. safety vs. bad trade result leverage at which SL=#lots (anywhere)
5. no distraction from trading style of trading (anything at all):
   1. exclusion (Dot outside of a corner) – nontrading involved and ignoring trading
   2. parallel (two vertical parallel lines) -- acting neither involved nor uninvolved; possibly myopic, and if works then short-lived
   3. balance (a vertical tilde) – from where study-informed and experience–trained gut instinct traces next chart move, with a conscious understanding and application intact
   4. maturation (an up carat on top and a down carat below it) -- entire method, carefully; possibly myopic, and if works then short-lived
   5. exchange (line with a carat on either side of it) – of considering the chart as if it is you -- sloppy, too involved in the trade, expectant
   6. no distraction from trading go thru one trade, the physical portion, really slowly -- Feldenkrais, I guess

____________________________


------------------------------

("drastic", I said....)
I feel like a tourist, trading anymore.
Here's a favorite site of mine, a 350-pip drop. I can sit and stare at it for hours:

(old)



____________________________________________________





This is a TL and pattern approach, with a developed trading journal included.
Minor types of each line pattern will vary over time, to improve effectiveness; and, charts and other descriptions of each will also be revised to increase understanding of the approach.

line patterns


How to use the list of line patterns:

1. number The list addresses the infinite #TL's thru division of types of TL's for any pattern, so that one may find and leverage major patterns each area to get a concise and accurate approach to drawing TL's.
2. area One may choose of the line pattern type's # 5 (high rank) to 1 (low rank), for perspective over an entire area,
3. position and center onto each position, that is, each consecutive micro-area, thru the line pattern type's # 3 (high import), 2 or 4, or 1 or 5 (low import), and noted for per-type separation with "i of area line pattern" (i.e., the micro-area is determined from a line pattern or group of same inside of it), "i>o", etc.
4. clarity Sometimes, a concise, accurate graphic representation is needed. Thus, one would go with a higher-ranking type of line pattern;
5. ease otherwise, recognizing the patterns and imagining the easier TL's from them is often enough. Thus, one may choose a lower-ranking type to facilitate this.

 

1. i of area line pattern feature the third-most important line pattern; more about being common and thus to be read, vs. line pattern #5's being about a TL set in an area. Both are more structured than the other three. one or two small areas the Compromise/surround / fill-in / switch-sides(.) / (a compound-to-simple symmetry that's restricted to a single area with no or few other ideas dominating).
   Minor tricks the price-time line does to keep going, I suppose. When it's really compact or large and affects other areas greatly, then a higher-level idea is needed.
   
2. i>o angle The second most important line pattern, with #4's TL sets.
   Keeping with the price-time line's flow:
   Devsym angles with Dutch Candle ordered (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau; consider bull, bear, or bull-with-bear symmetries) shapes (description 1,2)
   grid 45 or 90 - degrees difference, with viral/ conceptual/ logic /(the proven form of double-triangle version of) balance line. It's more about grid or point of origin than a pattern and its area of affect.
   viral grid. I keep forgetting about it. You see it when you string 45 - 90 (that is, 50% of 180,90,45, and sometimes even 22.5) degree angles together; now, that can rule, because it gets bigger as it goes along. It's kind of odd something like this works; I guess it's like when midlines work.
   a symmetry pattern / grid viral-ness: . .
   logic dot. Overlaying two reasonable ways of somewhat-evenly dividing an area and projecting each past their usefulness one more time, reaching the logic dot. logic (dot) is a spacing idea which leads to a single level, and thus related to the same idea.
   conceptual (a balance TL set off one candle): My true realization, is a big - news and/or a high - volume one - candle application, where one reaches from that candle to some sort of balance (a one-pip dot, a spinning top, etc.)
3. i=o TL The most important line pattern: midlining TL's that balance symmetry with tension. cycle -- fan, or dot and wall; and, oh yeah, pip line. I've done some simple TL-thru-the-middle-of-a-balance-pattern series of TL's, too.
   Also, low-pressure lines, the lines which I take action on being large-move TL's, the core of the chart, the origin of each TL oft using unusual devices (multiple midlines, triangles, etc.) to get at the center point of its well-positioned pattern's sense of balance (ex.s 1,2,3,4,5,6,7,8,9,10)
   Methods abound to refine how to find the best TL that runs midway through an area, including:
   pip lines -- DutchCandles showing the smallest price range each candle for the most exact TF (or not); then, run a TL somewhere from within that flat area and through an area with lots of midlines and/or very big midlines.
   halfway through the slowest hour of the day using MarketHours or other, to reveal (rather than produce) symmetric patterns
   
4. o>i TL set The second-most important line pattern, with angle. More to draw TL set than be ever-present like angles. repetition copy/opposition, with lp * (with its static - to - any-direction; I made a drawing of it here) - sym - rep
5. o turn shape dependence Breakdown of the price-time line into its own way of seeing it is this highly structured line pattern's forte. It's the third most important line pattern, with line pattern #1. logr/midline, and resist- - trend with sym, with diff. Diff(erentiated) is patterns that all conform to a single shape, such as a level or a compact L:M pattern.
   I guess it could also mean a changing series of midlines along a turn (the 'harmonics-Gartley' idea posted in the journal; ) it has a modest logr value to it.
   The complex idea to go with these, I guess, borrows symmetric patterns from the fourth level of ideas to include those that are juxtaposed with the much larger TF chart's logr so that the s.p. takes hold of the price-time line for a while.
   a horizontal area with an obvious logr-midline separation going into it and defining the area; not your typical shape-dependence area, has advantage of being as careful as a multi-midline (the old harmonics-rainbow ex.): .

, 1=yes/is okay, -1=no; 0=recalled trade:

 

1. trade ID
2. TRADE STUDY real time
3. chart
4. type
5. area
6. position
7. clarity
8. ease
9. SUM efficiency
10. RANK mm
11. AFTER spin
12. spin diary

1. (demo: entry and exit prices, one line each) BROKER DATA #TimeTypeOrderSizePriceS / LT / P

.



___________________________________________________

(methodology)


I dropped the last version of line patterns because I figured an overall range for all of the methods I've done to now.



The difficulty is that this method is organized via chart pictures first in my brain. From there, chart pictures can be in forms such as

1. one picture in literally ten thousand others,
2. a picture whose title is in no way related to my current idea,
3. a picture I saw and did not record,
4. a picture I "recorded" through saving the template it was in,
5. a picture that I saved in any of the above forms before my computer crashed,
6. pictures I think of only in reference to a verbal organization (such as the one in the upper portion of the last post) and thus forget which form they are in,
7. or verbal recollections of a picture.

Because of this difficulty, I usually turn to verbal recollections of a picture in the verbal organization. Only this time, I'm fairly certain I have to put in the work effort.

(revised)

Okay, I'll give it a shot.


The subvariables are

1. one
2. origin ("from-a-")
3. MTF
4. errant (that is, not curve-fitting, and is in need of the other to guide)
5. multiple

Each one has two versions, each using both and only shapes and TL's, one where TL's are favored over shapes and another where shapes are favored over TL's.
I'll refer to them as (#)a shapes and (#)b TL's.
While the proverbial line between a and b of any one type 1-5 can get blurred, each type has a distinct method.


1a 1 has the most extreme difference between a and b. Thus, one is tempted often to combine 1a and 1b and call it a day. In figuring one when the other is present, quality suffers; an example of this, in which TL's were only minor and were too relative to what the shapes were doing, and thus which ended as a botched 5 attempt (at the time, a segue to making), is here.

2a (multi-midline)

4a
4b
5a

--------------

No, that was a bad shot.
I'll try another:

I often trade simulator without regard to what type of line pattern I use at the time. I pay more attention to how much I have to work to get that next dime.
No, let me change that: I'm not really that careful with my dime. It's more like I have a certain amount of attention and try and spend it effectively enough to either match my goal of producing "good" trades consistently for a new record of mine or to figure what I have to do to correct my approach to trading.

With that in mind, I propose this categorization --

----make sense of the next area from the get-go (which, in reality, only more or less happens (otherwise I'd have stopped rewriting)), to get a good sense of how energies cancel each other to get the net energy direction: To do so, I'd have to at least dabble in each of these line pattern approaches ----

inside -- As in, I'm so dang interested in these patterns, I'm going to tear them down into their components and then, more or less, interconnect the different pieces : from a TL, using midlines and logr's, and then include and interrelate shapes, or from a shape, from TL's being applied within each shape to represent that shape, and then include and interrelate TL rays

one -- Plainly, one pivotal shape OR one TL (set) each decently-sized area. If have both, then it's redundant. Also, a shape that MTF's with a higher-TF TL and later, on the lower TF, turns into TL's: %wise, one shape or TL each area.

several -- What you'd usually expect from using the line patterns table in the last post. Ranked and well-defined line patterns and their accompanying TL's. I don't really use an example from shapes, as the ones I've tried failed me; I guess you could use traditional patterns (triangles, bats, head-and-shoulders, and the like).

lots -- Kind of like one, only it's basically one idea that has some structure to it. The 'shape areas' idea in my Rookie Discussion thread is an example, from the shapes side of it.

infinite -- Angles and/or symmetric pattern - made line segments, or local and single-candle-derived line segments.

.

(new)

Post#1:



__________________________________

08162010 angle trading for a new overall area structure, TL sets to help
All I do is eyeball the price-time line's angles to see if they weight the current trend against the widest portion of the last eighteen or more hours on the 1'TF, and test to see if overall area's structure wants to do something new. (DutchCandle's optional(, with my proposed shapes (ex.'s: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau; consider bull, bear, or bull-with-bear symmetries ).) Occasionally, I'll draw

 

1. feature (an empty space later filled in at same price; a big area 'surrounding' a later small area; angle opposition; a logarithmic curve / Gann Fan; midlining; logr vs. midline; and a lot more), including anywhere lines;
2. grid, or a single line;
3. blur, or a TL which begins from a midline within a shape/pattern, or bunch, a TL between two consecutive, scribbled-in boxes;
4. rep;
5. diff

perspective warm-up


how much to study :


inside -- As in, I'm so dang interested in these patterns, I'm going to tear them down into their components and then, more or less, interconnect the different pieces : from a TL, using midlines and logr's, and then include and interrelate shapes, or from a shape, from TL's being applied within each shape to represent that shape, and then include and interrelate TL rays

one -- Plainly, one pivotal shape OR one TL (set) each decently-sized area. If have both, then it's redundant. Also, a shape that MTF's with a higher-TF TL and later, on the lower TF, turns into TL's: %wise, one shape or TL each area.

several -- What you'd usually expect from using the line patterns table in the last post. Ranked and well-defined line patterns and their accompanying TL's. I don't really use an example from shapes, as the ones I've tried failed me; I guess you could use traditional patterns (triangles, bats, head-and-shoulders, and the like).

lots -- Kind of like one, only it's basically one idea that has some structure to it. The 'shape areas' idea in my Rookie Discussion thread is an example, from the shapes side of it.

infinite -- Angles and/or symmetric pattern - made line segments, or local and single-candle-derived line segments.



pattern choice:

number infinite #TL's thru division of types of TL's
area One may choose # 5 (high rank) to 1 (low rank), for entire area,
position center onto each position, that is, each consecutive micro-area, thru the line pattern type's # 3 (high import), 2 or 4, or 1 or 5 (low import), and noted for per-type separation with "i of area line pattern" (i.e., the micro-area is determined from a line pattern or group of same inside of it), "i>o", etc.
clarity graphic representation Thus a higher-ranking type of line pattern;
ease recognizing and imagining enough. a lower-ranking type to facilitate this.



focus on one pattern for the area:

type of symmetry in a general area, expressed with the chart area's central, controlling pattern; alternate order of line patterns
1 internal repeated-pattern -- only one simple, oft higher-TF, TL; continuous with only immediate control of direction
pivot, level, blur
2 repeated-pattern --TL's drawn with a proxy line discontinuous with a moderate control of direction
rep
3 rolling, -- Hi/lo, natural and literal mid's, and any logr's, with an ever-changing set for each portion of the pattern as one goes along the price-time line of the pattern; continuous with a proportional control of direction
diff, harmonic-rainbow
4 castle pattern off rolling, --Hi/lo, natural and literal mid's, and any logr's, with extra emphasis on small internals; continuous from one control and for a longterm control of direction
v.a.: one (symmetry pattern that defines a much higher TF's area)
5 castle-like --Hi/lo, natural and literal mid's, and any logr's; continuous control of direction
volatility area: symmetry (highlighting boxes, each typically around an overall shape of two opposing patterns with a centering pattern in the middle, and TL segments between them)



what TL's cover:


static (bunch/blur,) -- one TL, a small area or two (beginning the TL)
static-dependent (diff,) -- sev'l patterns all dependent on one line or broken-up line
proxy-static (rep,) -- a crossover of TL's with one a proxy line
multi-direction (pivot/one,) -- sev'l / fan of TL's
any-direction -- grid
.


___________________________________

(new)




___________________________________________________________

method activities

Set up the chart with and its indicators 1,2,3,4 and maybe a template also with a few old drawn items.




Exercise to get an idea of the rest of the TF's:

1. Open a 5'TF chart, which I make sure is also effective for all the other TF's, with the template above,
2. circle each major pivot's pattern for a bunch of trends in a row,
3. open the 1'TF for each pattern to read the defining angles, patterns and TL's that define the turn,
4. and, after doing enough to feel comfortable with finding and interpreting them on the 1'TF,
5. run and trade a 1'TF simulator with this in mind.

Define the next 1'TF chart area to address one's brain zooming in on a channel vs. a deviation that takes one's attention dramatically away from the current area, through regulating how one area connects to the next, in a range from 0 simple to make and takes intuition to understand to 5 difficult to make and easy to explain rationally, WITH TYPICAL # PATTERNS WHOLELY DEPENDENT ON FOR SIGNIFICANT MOVE.[/size][/font]

0 a series of pairs of trends' angles for each pivot, modified between each pair of angles with line segments that help select which pair is the most vertical and contrastively or purely symmetric
to
1 measuring deviation of an area within each shape to highlight a single symmetric pattern that runs the center 1 2 3(another: only from a single symmetric pattern)
to
2 with two conflicting shapes defining each area off an overall underlying TL, cleanly between flat, repeated areas (another example)
to
3 as an adjunct to a repeated pattern only several TL sets reveals the complexity greater than a simple between two conflicting shapes
to
5 multiple, significant and ranking/overlapping areas of patterns from the list below and from which one elucidates angles and TL sets





Select angles and TL's with line patterns:

types/categories of line patterns:

0 feature (opposing, complementary shapes, no TL rays (unless other types happen to fit)):

- an empty space later filled in at same price;
- a big area 'surrounding' a later small area;
- angle opposition;
- a logarithmic curve / Gann Fan (which tends to note top and bottom only, without subdividing -- compare to midlining -- and to exaggerate a trend);
- any nonlagging indicator that can take pattern interpretation, such as DutchCandle (with my proposed shapes: solid, spike, logr-curved ramp, flat ramp, flat, mountain, valley, and plateau; consider bull, bear, or bull-with-bear symmetries)
- midlining (which tends to subdivide evenly and, overall, mute a trend);
- logr vs. midline;
- how, with a grid, price flips from multi-trending vertically to horizontally;
and, other ways how two shapes compromise their various microfeatures, especially when they're very similar, to make a third shape with a different energy and/or direction

1 grid -- anchored, a single pattern within which is a crucible of directions both major and adjustive to decide the next major direction;
or, midlines, parallel lines that price either stays with or touches and goes from;
or a mix of both, such as a single pattern anchoring two trends ninety degrees from each other and which one may subdivide evenly for further trending,
or such as a three-sided box with tiny adjustive candle variety within and just before the pattern that says an extra-strong direction will be next

2 blur, or shapes such as orbs, boxes or triangles, each instance perhaps only with a defining feature (midline with box, logarithmic curve with triangle, and the like), that create a TL -- a TL which begins from a midline within a shape/pattern, or a bunch, that is, a TL between two consecutive, scribbled-in boxes;

3 rep, that is, repeated patterns grouped together (with a no-read proxy balancing line going into the past, present or future);

5 diff, that is, differentiated patterns with one feature tying them together enough that their reaction to it 'creates' the price-time line (cl or lc (the former "condensed-logr", which is one tiny pattern with condensed frame below and one-sided triangle of a logarithmic curve pattern above (or visa-versa), exciting into a wave and trend;
and, the latter "logarithmic cycle", which is a series of patterns acting logarithmically to and calming down onto a horizontal line and/or a horizontally-inclined midline, balance point, or similar stability area, which then drops suddenly into a trend): contrasting features, such as midlines and logarithmic curves with cl (which makes of medium or big size the resolving rendering) / lc (which makes of compact or small size the same), which have the ability to make a chart area of several different shapes and then resolve the group with an underlying rendering of the features being contrasted)

Review old perspectives found below to generate a collection of new ideas and thus to be ready during the next work session to slice a trade from the next results of the above.


pattern and TL's
type infinite #TL's thru division of types of TL's
area One may choose # 5 (high rank) to 1 (low rank), for entire area,
position center onto each position, that is, each consecutive micro-area, thru the line pattern type's # 3 (high import), 2 or 4, or 1 or 5 (low import), and noted for per-type separation with "i of area line pattern" (i.e., the micro-area is determined from a line pattern or group of same inside of it), "i>o", etc.
clarity graphic representation Thus a higher-ranking type of line pattern;
ease recognizing and imagining enough. a lower-ranking type to facilitate this.

area
inside -- As in, I'm so dang interested in these patterns, I'm going to tear them down into their components and then, more or less, interconnect the different pieces : from a TL, using midlines and logr's, and then include and interrelate shapes, or from a shape, from TL's being applied within each shape to represent that shape, and then include and interrelate TL rays
one -- Plainly, one pivotal shape OR one TL (set) each decently-sized area. If have both, then it's redundant. Also, a shape that MTF's with a higher-TF TL and later, on the lower TF, turns into TL's: %wise, one shape or TL each area.
several -- What you'd usually expect from using the line patterns table in the last post. Ranked and well-defined line patterns and their accompanying TL's. I don't really use an example from shapes, as the ones I've tried failed me; I guess you could use traditional patterns (triangles, bats, head-and-shoulders, and the like).
lots -- Kind of like one, only it's basically one idea that has some structure to it. The 'shape areas' idea in my Rookie Discussion thread is an example, from the shapes side of it.
infinite -- Angles and/or symmetric pattern - made line segments, or local and single-candle-derived line segments.


area

one of a series of areas
contrasting, flat areas
lots of big, plain shapes
a few big, plain shapes
lots of shapes, difficult to distinguish



pattern and area
type of symmetry in a general area, expressed with the chart area's central, controlling pattern; alternate order of line patterns
1 internal repeated-pattern -- only one simple, oft higher-TF, TL; continuous with only immediate control of direction
pivot, level, blur
2 repeated-pattern --TL's drawn with a proxy line discontinuous with a moderate control of direction
rep
3 rolling, -- Hi/lo, natural and literal mid's, and any logr's, with an ever-changing set for each portion of the pattern as one goes along the price-time line of the pattern; continuous with a proportional control of direction
diff, harmonic-rainbow
4 castle pattern off rolling, --Hi/lo, natural and literal mid's, and any logr's, with extra emphasis on small internals; continuous from one control and for a longterm control of direction
v.a.: one (symmetry pattern that defines a much higher TF's area)
5 castle-like --Hi/lo, natural and literal mid's, and any logr's; continuous control of direction
volatility area: symmetry (highlighting boxes, each typically around an overall shape of two opposing patterns with a centering pattern in the middle, and TL segments between them)

TL's and area
static (bunch/blur,) -- one TL, a small area or two (beginning the TL)
static-dependent (diff,) -- sev'l patterns all dependent on one line or broken-up line
proxy-static (rep,) -- a crossover of TL's with one a proxy line
multi-direction (pivot/one,) -- sev'l / fan of TL's
any-direction -- grid








________________________________________________________

.

I'm happy with my chart study approach. No more changes.
This journal is now about in-depth trading issues I have each set of trades.