Pattern's Chemo-Electric Trading Journal

sorry, another

and another...





this one with better psych...



next, downright robust psych...



technicals seems included, too...



One problem, however method/reality-accurate, is that a gut feeling high in the stomach equals a high-price item equals a high baseline for nerves to trigger body to move around. Definitely a mixed bag what such a chart with loc definition can bring!

another post#1




condensed; switched original market emotion chart's opposites that I put in, without switching the emotions' original order -- anxiety opp. hope, greed opp. capitulation, instead of reverse of this -- :




simpler, sense-wise: I can think thru how the emotional range for each technical drawing device works, and after a trade figure the true one when I was obsessed doing another one.



"Emotion charting" ??!, you may say...
WELL.. at least it's more fun.
And, 2%/h after 33h (8 trades, if interested) in FIRST account.
Then margin-called it on a heavy situation hitting me. At least I could explain the situation loss with the current method.

ANGLE is the most important, as the next version encircles to emphasize:



(a bit of psych, please take into consideration: )
Don't feed the monster that discourages all success and promotes total control -- Only they want a heavy situation to bring you down. Paying attention to them adds to your distress.
Another way to put it:
The higher the energy put into emotion charting, the worse off one trades. The more able to switch from one emotion set to another with the same level of energy, the more on each of the trades are.
Those who would create anarchy in one's trading
build a small amount of energy precisely applied to the chart,
to a wave of higher energy dispatching near margin calls and large in-trade losses,
and finally to turn completely against oneself and liking it with thinking about and resolving a situation the chart's emotions resemble and thus acting through those emotions instead of carefully applying the emotions' drawing devices onto the chart.
I believe the solution to difficult situations is to use the pattern with the emotion and to compound several emotions / patterns to evoke the sense of what each participant in the situation desires of the trader. Then, the trader either reads the chart through that compound emotion/pattern (say, 2-4 for "You'd better capitulate to my demands", which naturally results in depression after the trade) or combats it with a more appropriate compound (say, 1-3 for "No, I'm going to look into this matter and decide for myself which directions the trends will take").

The market is tough and the personal difficulties ever-present,
so I will keep a standing SL of 20 until proven otherwise for a particular trade
and the TP at 20 or where can put it reasonably,
including infinity if I am reasonably confident in either.

sorry, another post#1:

(gathers and simplifies types to draw)



The title brings a new commitment:
This must make me an market-emotions-and-chart-trendlines trader.

another :
(allows reading of emotion separate from and at the same time related to gut/body traces/feelings)


another:
(a little neater)



another:
(condensed)

sorry, another:
(reincluded mec; cleaned appearance more)


Attachment

ex. use method; each trade detailed for its technical reason:

1 candles selected for their ability to read steps in a series

2 (that is, "1 excluding others") -- angles

4 (that is, "2") -- trend centerlines, and a trendline


several
-- first trade (1) : small candles combined with the little symmetric triangle
-- second trade (2) : an l.p.3 from the two medium-sized shapes that repeat on the left portion of the chart, the crossing at a nice center / screen
-- third trade (3) : return to the second trade's lines; had to look at the two later and slightly bigger patterns to check if price'd react more to them than the crossing lines from trade 2
NOTE: That beaut of a pattern, where I typed in "WOW!" -- Gotta mean something big. I don't want to get too emotional about it, may start thinking of nontrading things and lose my concentration.

I did lose my concentration, and lost it all. Maybe there's hope for me down the line....
And there finally was a 3 ("1 over others"), since the pattern attached separately opp'ed the beaut of a pattern. I'm not claiming a trade reason after the fact, though. (Okay, I did suspect the leftmost box, a small one, would break eventually.)
Maybe there's time for admiration after risk is lowered enough to allow it.

post#1:
(cd: cognitive dissonance; ct: cognitive testing: moi: moving optical illusion; lh: learned helplessness; ar: anchor-reframe)
(the "X" of these items has loc (locus of control; in this case, a pattern dominant, with its lines and such, over the next majority of chart screen) at its center, for simplicity's sake, and is not related to how the loc cycle is shaped, instead being a spatial alternative to the time-based loc cycle; it's especially useful when a large sense of negativeness hits oneself, blocking any further progress in chart study (the positive opposite to the "X"))



#1, new:
(especially hostile others make one tunnel-vision and jumpy (physically, mentally, emotionally))

Attachment


#1, new:
(more psychologically comprehensive)



#1, new:
(revised lines order: none (continuous), 1 (fan, etc.), 2-3 segments, 2 (parallel) rays)





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Used only 1, from a slight revision of the last method picture:

(how the two Gann Fans intertwine is especially refreshing)


another post#1:

(separated psych from (chart-study) lines, still aligning numbers with emotions -- this time, a new set in common with both)



Hey! This one made it clear, the numbers and what to look for on the chart. Shapes also rearranged to match the numbers. In total, this new picture allows me to use the anchors idea in full, after working on it for maybe a year.

These two sets of charts each have fairly well-balanced trendlines-vs.-candles interpretations.

Here, I went straight for the big $, and it paid off -- if only to break what had made a lot more $ several times.


Here, a careful study of 0: angles and 2-3: oppositions, besides the more obvious infinity: channel (NOTE: as in, "every roll between the lines is (nearly) guaranteed to make profit, and who knows the number of times it will..."), reveals why a sharp correction from the Gann Fan's initial obedience was called for.

Bought the top -- I've been exactly flip on the market emotions chart to now today, so much so it's gone beyond mere spike-tunnelvision intermediary staging; good thing I can see it and thus have a chance to correct myself.

Notice that both studies did bring / would have brought the same amount of pips, even though one was crude and longterm and the second was careful and a small intraday perspective. This, I believe, is due to my new understanding of anchors (0,1,2-3,infinite).

The emotion patterns on the x vs. the y axis of the market emotion cycle resembles a reason and trade on the pt line.

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I just had about ten margin calls in a row. After a few of them, I started on making rules for containing risk:

Respect the value of your trade's reason.
For instance, each number can be worth 25% R:R overall to fend against a large move from another number when the predominant number mostly has a high R:R in the current area. Avoid 'chiselling', that is, taking an extra, low-pip trade, without a solid reason, or 'pandering', a low-pip trade to avoid a high-energy ('energy'=microtrends' rate*width) area or other likely-high-pip trade, or its opposite, 'glazing'.

I shortened this and put it on the method picture:



more mc's: Simplify --

post#1: new

(volatility the only real important thing, with emotion the human equivalent)
(erased it by accident; here's the worksheet for the next picture with this version's info on it)



reframed....




again...




after a visit:




upon thinking and then gaining perspective about the visit:




a necessary reversal to reflect the truth as have studied daily and with pedigree:

another post#1...



(same thing, trying to highlight different portions of the modified market emotions cycle)
(yeah, will work on this one...)


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was rummaging through the recycle bin and recalled papion's excellent thread. Looked thru the charts -- had to be several good ones -- and found this one:


The series.
The breakdown is FALLING THREE METHOD (what I like to call 'harami'; no need to confuse, tho) for the first box on the left, a flip-opp in the second, and a pennant on a flagpole, with a nice midline, in the third.
Why?

There's so many types of series, I'd guess. I've come up with
thread, in which a bunch of repetitions happen and only one tiny idea in each develops the entirety into a turn;
l.p.3, in which a couple to several copies of a pattern group to compromise their price positions at a neutrally-positioned candle after the set;
in l.p. 5, two specific polygons oppose each other with an s/r line between them;
trend centerlines, in which relatively straight trends are one after another, each with a more or less developed area around its center point;
L->C center, where one temporary pattern develops a center point on its right side and one such after it develops a center point in its middle;
considering volatility, the number of small trends is dense then light, or some such variance with these two;
again, volatility -- one area is rolling, another twisted, a third varying between jumpy and condensed.

Okay, here, I got it:
Under volatility, my method picture says 'repetition between p.'s (little-most)'. This tells me that as long as some commonality is available, temporary patterns may be linked as repeating. "Developing", perhaps, in a range with repeating.


-- hmm...



So, the chart above is a series. It also has a few characteristics of 'L->C center'.

I wasn't using the emotion part except as a toy, and the numbers I never used (except to point me toward 'continuous').

I found something that a lot of traders depend on to complete their trade.
You know how sometimes price won't make it to a certain level now, and then it will several hours (on the 1'TF) later -- without an undue in-trade loss?

Well, it's where price gets bogged down in midlines, probably with an angle-inclusive opp, to turn the price-time line before it hits the desired TL.
Too, it happens when 'tl series low, single tl high' is extant, an off (somewhere between momentum / Gann Fan (/ logr) - type and midline - type areas), wide pattern with separate TL's each of low and high. I suppose it could happen other times; I was only going for a continuum of similarity. There's alot of volatility in a midline area, with small series countering each other; or, I guess, conversely, there's low volatility in a Gann Fan - like area.


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


post#1: new




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post#1: new

Attachment

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"NEVER feel inferior. NEVER feel superior.

Ego checked."

-- egadsforex

sorry, another





post#1 dump:

Practice normally. If your technicals are failing, use the right. If your psych is failing, use the left. If the amount of both to fail is about equal, use the middle.

{with picture above, here}


post#1, new:

sorry, another





and another
(volatility defined)



and another
(trying a formula)

q: Why are boxes formed?




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post#1 dump:




post#1, new:



-- a motto of intention, not personal history (!). Seemed appropriate for trading the market.


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A way of drawing TL's that's new to me is below. A clear series of angles embedded in the PA at the start of each of the three solid trendlines make strong guides.

post#1, new:
(should make more sense than the last one(s); L is Gann Fan, what I like to call 'logr', and M is a line segment with a dot at its center, what I call 'midline')



I also followed Mr. Akumai's advice, at least as far as LFH simulator allows me -- I put reasonable-R:R SL's in and sold off (micro)lots if I was unsure price'd activate my SL and I caught it in time and with reason.
After several accounts lost/warmup, here's a winning account's results:
This, of course, does not guarantee I won't get a rash of margin calls daily for the next few years, again ; )

Hey, no margin call!
But my trading did get more grandiose,
with
one seven- and an eight-hour hold,
plus
lots of 'gee whiz, lookit that huge run about to happen' and forget I'm here to profit with it instead of BE it over several agonizing trades,
in two major runs
(trades 13 was +400,14 -400 (typical of my mindset right now, gotta break it)) ...



You know how long it's been since I did 30 trades in one account?!? YEARS!!!!!!!! Well, at least a year I believe.
This trade/money management approach agrees with me.

It'd probably be easier if I gave the Strategy Tester report, next time. I wouldn't mind figuring how to convert it into a webpage, first or sometime down the line.

review
So it seems that, at best, if I read up-close and fair-mindedly (last post), I do well, but if I pull back and count more on carefully studying a highly-condensed chart for longer trades (this post), then I get a flightier read and fumble along trying to use the info.

Okay, so I showed you a great account and a so-so account. Here's an account so bad that you may not want to look...

What it was, I fell in love with one formation I drew up (pictured), while price deviated from it for 600 unanswered pips. "It's gonna return!!"

So my Great Escape from margin-call -dom lasted 48 hours, and then I was returned to the loony bin.



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idea:

0 | = 1/(L M) -- worked with this recently, without success.
The notion is that a circle is an infinite number of diameters, each a midline dependent on one anchor; a circle can also be logarithms, that is, curved momentum portions, making up the edge of the circle. A line segment is one midline or is a straight momentum portion.
So maybe O | is an expression of the range of logr-midline.

Next, O | also means "anchor=compactness" for O and "angle=direction" for |.
That gets O is "anchor=compactness" is a circle is an infinite number of diameters, each a midline dependent on one anchor; a circle can also be logarithms, that is, curved momentum portions, making up the edge of the circle.,
while | is "angle=direction" is one midline or is a straight momentum portion.

A circle, or rather a well-defined curve on the PA chart, can anchor, divide, act as a wall to rebound or curve along on the outside of, connects more than one Gann Fan or corner to carry through more range of the chart, and other ideas along this line.
Up to now, I've considered a circle a curiosity relegated to the upper shelf with dust on it; only Koombj has had success with it, that I know of.
A straight line, I've done really well with.

Okay, so that doubles the number of constantly-used drawing devices.
That's something, I suppose.

ex.'s use circle:
-- see EUR/USD Patterns thread.
I'll show one here, one which is more short-lived than most of them, unless you count the well-formed Gann Fan run to be a perfect shape --



'Circle as and/or with a perfect shape' -- new formation to watch for.


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new post#1:
(to reflect inclusion of 'circle balance', the new formation above)







new post#1:
(to reflect a wider spectrum of precise, small patterns, as noted in eurusd patterns thread's latest post)




A note:
Nonlinear epigrammatically correct pattern sets appear to have disjointed lines, that is, its lines are copied en masse via enlargement from the pattern set to the area concerned. This reminds me of the older viral grid idea, where one small portion of a grid extends to an area far away, where the grid starts anew, and the process repeats in a third, fourth, etc. area, until an opposing trend happens.
It also reminds me of extended-trend Gann Fans, where one draws from a pivot that's not even on the price-time line to anchor the Gann Fan.
Balance lines, as defined strictly with spinning tops and vs. a huge area, are unusual in how much of a contrast they can handle between the line and the area size.
A difference is that the three just noted are of one or multiple anchors and the nl ec pattern set of a subanchor category, at least in the current categorization rendering.

trying to figure a way to answer questions about what I do --
IMHO, chart patterns are made of a set of bars/candles. In my most recent organization of them, chart patterns are one of three things: Precise, precise and fuzzy (~ volatility), or precise, fuzzy and functional.
In 'precise', every nuance of the pattern is copied onto a much larger version. In 'precise and fuzzy (~volatility)', only two variables, each used in an infinite number of versions, define patterns. In 'precise, fuzzy and functional', the pattern exists for the sole purpose of making a trendline or, less likely, another drawing device, to project from the pattern.
There are also functional patterns that borrow just as heavily from being precise, namely most of the exotics I've posted elsewhere. As well, I experienced an effective fuzzy and functional pattern recently.

Chart areas can be delineated as you suggested, "acceleration, loss of momentum, correction." Such general terms are useful while beginning to focus on the chart's actions. The easiest way to describe this set is a Gann Fan -- Price runs up the left side, slowly fans out into the wide upper lines, and then drops to roll narrowly at the lower right side.
But for me, I just got a bunch of candles. Candle reading is the most exact way to trade, and one should build any price action study directly from this skill. In advanced mode, one can use the patterns the candles form to know the candles' interrelations in shorthand.
For example, candles are smashed together so that one can just barely see their individual candles; this is where perfect shapes (interchangeable with 'patterns', in this context) can be easily seen, an overview of where the majority lies in being with fuzzy patterns, and pretty much all of the functional patterns on one screen.
Another example is when one only has two or four dozen candles, and read patterns from there; unless one got lucky with which chart area chosen, one can make just about one effective (~15-40-pip, on the g/u 1'TF) trade, and then must build technicals further from there.

post#1 dump:
(unworkable)




post#1, new:



post#1, new:

(word play)



(more)



(more)



(okay, a new view)



(includes social thinking)



(easier to digest)

price action:
bound, condense, copy, logr, oppose

(a little more honest -- ain't THat creative...)

price action and traditional (polygons; harmonics; drawing tools), other (hre, cup and handle, corner), my (fighter jet, lp3)) patterns:
bound, condense, copy, logr, oppose

(included more)


price action and polygons; harmonics; drawing tools; other (hre, (inverse) cup and handle, corner); my (fighter jet, lp3)) patterns:
bound, condense, copy, logr, oppose


(introduced relations)


price action and polygons; harmonics; drawing tools; other (hre, (inverse) cup and handle, corner); my (fighter jet, lp3)) patterns:
bound(condense:fill):copy, anchor:angle -> logr:midline


(more complex)


price action and polygons; harmonics; drawing tools; other (hre, (inverse) cup and handle, corner); my (fighter jet, lp3)) patterns:
bound(condense:fill):copy; anchor:angle -> logr:midline, volatility-rate build (V,H) : pivot/opposite turn (45,90,180)


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some really good advice, also condensed