Pattern's Chemo-Electric Trading Journal

Back on a roll again:
Here's another one. This time, I dump all pre-conceived notions of what a pattern will be, in favor of measuring it. Also, I get even closer to my own ptm with this chart method; in turn, I am at a loss as to how to explain it to the uninitiated, except that if it works, then I'll do my best.



-- I practiced this a little. I got one trade studying, lost one not studying, and middle-of-the-road trade with too big a drawdown. Focusing on how I get the pattern, rather than any one pattern, works better for me. Of course, I've tried this approach before, if only to get a feel for different patterns; now, though, I can get deeper into the chart without loss of proportion about what's going on for the trade, and visa-versa.
More practice: I find I forget when a small, medium or large frame ends or begins, and this method requires that I know. More loss...only, not due to the method nor to its over-general way of applying itself.
Oh, yes. This will be a very difficult rule set for me to apply to a chart. I much prefer a set-size box to which I draw lines in that align with points in the same box.
Okay, another trade: I chinzed it by lowering the commitment, feeling secure about the line to go to yet unsure about when it'll get there. Murphy's Law, wouldn't it turn out to have a lower than average drawdown before got the trade.


interesting chart approach, from here : 1 ; vague background, noted in interview 2









p1 dump:


another goofy self- / discretionary- trading approach, this one ignoring the charts- and gestalt-derived ones of my past for purely/mostly-psychological ones mind-body - derived:

-- for some reason, this post ignores all attempts to upload pictures onto it, even freshly-made 19 kilobytes of a picture.
Thus, refer to post #920's photo for the chart method.



-- Haven't yet tested it; my guess is that I'll need frames a lot more than this implies, and thus the entirety of my own ptm. The above should hold ground within well-formed frames.
...
Okay, tested it over three trades. Noticed I was missing 'focus' after first trade, had to redo patterns list. Got three of three, no overly-long trades and each of about average size.
Make that four of four, and the last trade won double that of the average ones and about the same as the high-risk first trade.
I'm thinking Ecstatic Postures, to project path/action, and, body contortions to support certain emotions adjoining with face's FACs, to motivate self to do that path/action, filled a particular frame of mind I'm in today, rather than the method itself. So coincidence / first-timer is likely in play.
I do feel the chart method covered all it can. It'd be nice if chart used focus from the gut trace, and thus emotion and then action and then path in the trace and its rings, unconsciously from said chart use, instead of me having to bring in the rather cumbersome EP/(whole-body)FACs, much less my own ptm, during regular trading. I only want to keep my trades aligned with what's to happen on the chart. I would not mind checking on my own mind-body set before a session, or occasionally check on this at significant points during the session (say, breaks), to keep the chart method able to work with me on its own.
Heh-heh, I lost everything once I wrote this lack of confidence in sustaining the chart method's win streak. Speed is a big issue, here. I'll identify brain speed and its relevant chemicals with 'speed', since it also fits into my own ptm.


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Still using the picture above as a chart method, with the following caveat:
Dropped the 'unique' etc. column and reversed the order of the first(after the title row) and last items in the first column.

Seriously upgraded own ptm and made it realistic to have a closer-to-self discretionary, but no new chart method as of now; the last one is long defunct, however. One thing, I gotta chart a few extra things and cut back on the things within each charted to measure; it does seem that the how over what within will stay.

definition of st-O, a key ingredient of my own ptm

info
A speed-fit : tension-except action

B (t.m./cont/situate) refit/layer : e.s. / pt.series
(tabula rasa / Socratic / Garden(win wenger)) transfer : FACs / xchg cycles
(stream (stream-of-consciousness(Image Stream,Photo Read,other),network) select : EP projections

C fake(-looking) detail --> natural(-looking) abstract, other balance

energy: A interact rate; B p.m. bound; C complexity (simple for contrast,complex for subtlety)

senses
A (K) mid- / multi-mid, zone/area, axis (angle)%#
B (V) (OUTER) fractal/ whole(RB) / pieces(LB) ( m(oi) ( (paired big-nature-objects,each w/a) color
C (A) some verbal patterns -- activity('think'(np's)),condition/interfere/flow('nerve'(vertebrae)),
..............................................environs('build'(mind)),line(stomach),scenario(heart))

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to help in above, thru detailing the chart-only stuff:
not in any inter-relateable order --
EP organized by shape; axis(angle)

Seems I got hooked on (popular) science instead of (practice-trading) finance. I'll try to return to the fold. Got to work thru the collection of mind-body processes I have now, so I can hold onto my sanity, and then I can fit trading back in.

Okay, worked through a bit with the collection of mind-body processes I have now, so that's a step forward.
And then I tested it once with the last post's stuff plus p.m. from my own ptm; didn't run a process/cycle from own ptm, for more difficult psych times. Will do so, path to doing so is simpler now.

thanks,your vouch some time back regarding the tail ,ive only just understood thank you

Sure, you're welcome, glad to help.



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Been working on other ways to get $, no real luck yet. Life is upside down, yet I still keep working on what I've been working on in this journal, only stopped with chart trading.... I figured, especially from about the last post I made in another thread here, that it's not that one makes especially interesting or broadly-covering chart patterns, it's that one figures how to consciously and logically/reasonably connect oneself with how any one chart area works or does not work.
So recently, I got especially able to understand and better cope with (though it's still very much there) what former posts discuss, my inner critic, and as well, brought chart patterns to the very center of my own personal thinking model (discussed lots of times before in that phraseology) because of my familiarity with making chart patterns and their, if done simply and working interactively with other pieces of a thinking model -- what I mean is, a theory of mind that one geometrically lays out with typical psychological terms and mind/body parts intersecting in the one model -- can make a human who uses that model act in accordance with its use in a thus fairly predictable way.
What I did recently on this is isolatable from the rest of the model, so I hope to use it for other than purely personal, psychological contexts, which can include chart trading.

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As for post 923, I haven't really got the hand of EP and the shapes I came up with for it; for axis, the stuff I just noted in this post expands on the concept of axis, so maybe I can connect that set of shapes in or in more easily.

Found something free -- just noting it -- called Spark Profit. It's an app in which you guess the currency market's direction. Haven't found any problems yet, will tell them here if I do. There's likely some catch. Was looking for a currency trading site that doesn't need much or any money down, having skipped the one or two choices already existing. Only saying I found it, not whether it's good or bad, only interesting. Says it'll pay you a little bit for making a right guess. My immediate guess is that the app owners piggyback successful app traders' decisions to make the site pay for them, because it says "while you simply take a share of the profits!". It is strange that the site/app already has a most-won-in-month person and then, down the page, says they'll open for business three days from now. Hmmm.

My first trade there is with GBPUSD to 1.725, exit as much down from current (3:10 pm EST, prob w/delay). Looks to be going sideways with lots of fractalling patterns and midline stuff, breaking a new high on the other side of a huge dip. Almost in a cup and handle over several days. The midline stuff leads me to believe there's news coming up, and I looked and sure enough, Thursday has a lot of news, so I'll hold into early Friday or so before calling it.
-- This is no money down and I don't get to a computer much, so it's practice with Spark Profit's tiny "future" offerings of $.

I remember most of the patterns I got on this and other of my threads; I'm staying with logr (triangle) - curve (circle) - midline (box) if I feel pressed to use some immediately. Logr, as in 112358 etc. pattern, as in Gann Fan etc., with a triangle making it easy to find one or compare two or more; curve, as in my "special" (I think I called it), where trendlines are vectored through a circle's significant points and price gets to the most significant of them; and, midline, as in Darvas Boxes or whatever if makes a frame, where price goes up a bit and returns or stops and continues half that much again, and the like.

Simple, or trying to be; I oft get complicated, dragging in my real need, patterns for my psych model (noted lots in former posts). To that, I caught on that, in charts, simple is better, which advice I'm only repeating from others, from a post before I left that some experienced traders left right after me in the same thread I was in.

Got it!

Hey, at least it's trading...

I didn't rank up too high at the site I'm trading at (noted in last few posts), though, in terms of cash rewards. Ah well. And I don't know if that stuff is real yet, so am not recc'ing the site, it's just enticingly safe for trading is all, a tiny step beyond practice trading.

Avoiding trading at noted place right now, method not sound enough beyond beginner's luck (at new site).

Still working on own ptm.


Erased method in the first post, also.

.

My own ptm (personal thinking model) has its own chart properties, now. And I got a charting example yesterday, through the reversal of the body t.m. off balance (NOTE: Makes sense to me, at least....) I'm fuzzy between the two, though, because I don't have a flow of examples in an environs, much less ANY environs (which is the way it should be). I'm hoping to get this really soon. One thing that bothers me, is that all the work I put into raw 2D charts, is going to waste -- It's all 3-4D environs stuff. I guess I could convert it onto one point and let it run through chemical types. (Again, makes sense only to me..)
All I'm really saying is, I'm still trying to get my act together, trading charts - wise. And I feel I'm a lot closer than I was, as of very recent figurings.

What I am after is to create and be in a life-changing-chemicals-running continuous set of interactions (i.e., a scenario)-etc. to that absorb and run my emotion etc. while I trade commonsense-ically.
I suppose many people have this type of thing together already, which is why they can do well at trading for a living.

Okay, I got a workup from inside my own personal thinking model (or, 'ptm'; also called a theory of mind, usually not completely put onto paper) addressing the last two posts' subject of per-spot psych framing. The way I did this is separable and shareable, with a minimum of junk from my own ptm, with others; vs. that, I haven't (beyond proof-of-fit(-into my own ptm) to even have such a thing) practiced the cover frame, much less applied it to technicals -- and/or news(,ff-rank selected) -- in chart trading. There is also a subcontext of calculus, in that and a derivative combines dots and an integral combines frames, if I read the online definition correctly.
So the first thing is to show the method in a picture, and that's below:




You may recognize it as a four-square, a popular thinking model. I blended into it a modification of a thinking model I created on this journal, that of a 5ps, or five-patterns set, where one takes five patterns and lists them left to right and both according to rank in order and also according to outer and inner brackets and a center as a second understanding of the same five patterns.

The next thing is to show how it may work in a trade. The connection between this t.m. (thinking model, the usual definition therein, such as flowcharts or mind maps) and the rest of the model is moot, so that it "twists" into my or anybody else('s own ptm).


As I worked the model, I figure how better to describe its components --

"Y" is like a flying V, which traps whatever goes between its tongs. It is also like a flattened set of three chart axes.
"N" is like two representative levels with uncertainty between them.
"O" is like a zero.
"I" is like the number one.
O and I would then be values.

IO is per the common interpretation, inside-outside, so that there is a border to enter and exit or row to be (not) a part of.
YN is also such, more a behavior-curtailing statement.
Both of these primary switches can mix and match their letters as needed:
So NO is like the word no, a common amygdala-derived, often behavior-curtailing aggressive word; NI a silly aggression or conquered area (a word first introduced in Monty Python and the Holy Grail (yes, I'll use any source if it's adequately aligned ('hits home') with others)); IN and ON are for the words as commonly used.
One can pair Y here with an environs and socially -- thus, YES, there being nothing in the brain as straightforward as its opposite in the amygdala -- the more common being YO an aggressive call, OY a complaint, YI if repeated, a verbal call for attack, and IY uncertainty on the disgust side.

I call it 'Venn diagram' because, in my own ptm, my model tends to be on the all-the-spaces-are-about-equal side and, of course, that's in no way true in reality, so Venn diagram functions as a connection between reality and my more-about-true model (theory of mind).

Some charts, with annotations from the t.m. shown --




[NOTE: I'll get to the two missing parts.... (and then erase this ^%$%$ round thing.... I got to it. Ehhh, whatever.]

Looking over my charts, I could have paralleled off the trendline, since there was a suggestion of this where the trendline first goes. -- Wait, I forgot, HERE's where the tl first goes --

Attached Image (click to enlarge)

The thing about this method, is that it prefers process over static positioning of drawn objects. What I mean is, that suggestion of where the trendline in a parallel line may go, could easily have been wrong, so that the only lines to count on were the shown lines.
I had a 40 limit - 100 stop in the first (and third) chart and a 30 limit - 100 stop in the second chart.

A second example:

--- Wait, while working through a second example, I found I need to place a pattern with the five shape, 'switch' --





These two trades, based on chart about a week after the other one and thus not the same technicals (it being the 1'), were 30 to 100 and 40 to 100, respectively, also.
Note the green vertical line. It shows where the MT4 simulator template started the trading day, and I decided I needed more data to make a call on the next trade. This shows some integrity for this trading method.
Lots of examples will make the method more understandable due to my idiosyncracies of how to explain something.
Of course, while I'M at the present sure of this method, why trust two days with four simulator trades?!? That would be absurd. I'll have to use this method in conjunction with my own ptm, as would anybody else for their own theory of mind about themselves and their life, to be effective trading with the method.
Oh, and the four center letters didn't make any difference for the chart technical analysis; they must (in my 'muse' view of it for me) connect directly with a / any theory of mind. I'll probably have to get to that, too, in the future. ..hough usually, I drop in for a little while and then leave a mostly-rough method without fully putting it online, mostly because I'm then off on some other inspiration to continue rewriting my own ptm('s pieces through some reality-based connection around them (or, if a new piece, it)) .
Maybe....I'm done rewriting my own ptm, it'd be nice, it's based on some intuitive common-for-all blueprint in my brain, anyhow, so experience adding or subtracting some area/connection/etc. would be making it more efficient but not necessarily more effective.

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I did a rough trade, ignoring the upper left 4-square and only doing the upper right one,which should result in a longer, possibly iff, trade, especially since I didn't write down what I saw -- thus, it being both a partial observation that is overly simple -- and based it on the last trade's stuff, which is, realistically, what I often do in trading. What I got was a bit scary, because price dropped to 3/4's of the stop before returning to make the limit; without regard to this, I did get this 30-100 trade.


(cont'd in next post)

(cont'd from last post)



I guess I should tell you, even though it takes from the realism of this trade:
I noticed most of the chart, after the last notated chart area, was bouncing up and down as if in a vertical position, generally around the last notated chart area. So, I must have, in nearly the back of my mind, combined this idea with the notated one to conclude a move upward was in order.

I certainly want to work with this method, now, as it'd be great to form chart technical-analysis details more exactly as well as contain my emotional nature with the method's connections with my own ptm.

template for this method --
Also, the THV candles indicator (version number 7 or 9, I think) from Miss Piggy(? or Miss Pips. Put on fixed space and no auto-advance and use the LFH simulator, if to practice as I do.
You can use any template, that's what I use. The Venn-diagram charting method should transfer over to most other setups.

Looking back at that last example trade,
the intuition must have been that it was about the last TWO on-chart studies in this second set of charts. The downward triangle had not broken point of direction, and with the balancing area (the second of these on-chart studies), that vertical bouncy area did show strong upward movement right after it, and that was the best indication of a turn that I was going to get.
Looking yet again, in these two noted former chart studies, back to the triangle shown, there was two SETS of levels with an origin between them that continutes the first set's triangle's energy, so that one enters the 'relate' stage and compares them in the bouncy area. So then, when the bouncy area goes sharply upward, that shows direction -- switch, that is, low to high -- which I then traded.

I may not have shown the back-and-forth with which to get where a possible switch may be. It's the general leaning of the chart one way or the other.

Added an all-symbols version of my own ptm (since it's my own, prob. won't display, but will use the sense of; it's, of course, based on and include prior displays of my own ptm) to match the charting method above.

The last charting method, reaffirmed in last post, was about projecting a frame (or other filled shape) onto the screen; the method divided using a frame, into i/o data with frame (UL), making the frame's bounds (UR), having multiple frames (LL), filling the frame regularly (LR), and perceiving the angle of the general trend of data, that is, for any one possible side of a frame, which is the foundation of a frame.
But this is not direct, since it has far more to do with an artificial overlay upon the chart, rather than dealing directly with the chart.

A new method, which addresses this issue --

I feel physically about the intended direction(s) of each chart portion.
Each dot (etc.) with two axis (ranges of) values:
multiple

level

direction

proportion
fill/bound

It's kinda dumb, I know, it's ad-lib chart reading as most anyone knows it. I merely wanted to have concrete terms to fit into my own ptm, since it's mostly very basic geometry, and I need to move beyond this to have any chart-like motion and/or speed up use of what I do have.

interesting post, one likely familiar to most here -- .

Haven't traded practice in a while; too busy trying to keep sane in regular life.
I'm fairly certain, tho, that anything less than using my entire own ptm would be meaningless. My own ptm is very complicated, if explainable. So I'm not sure how I would present it, maybe explain what I used at the moment of each trade and thus eventually show the ptm's structure through these examples, or really have no hope in such a direction, only be clear in what I do present. Every trade would have a different method, then. Since I've showed a whole lot of methods in my posts, that shouldn't be such an issue




Okay, first one:

I did my usual pattern repetition check on the last 1-200 candles, and found a zigzag-type shape with lots of sideways motion generally following that shape. Based on that, I liked a long. But then, I figured I may be discounting the longer-term use of such an idea, that I was noticing what was true and not what would really affect my potential trade. So I looked for something further in the past -- I had already looked at that past, only without considering the set shapes I was looking for to trade on -- that I may have unconsciously missed when I referred only to the recent past. A direct affect from such a miss could crash the trade. Consciously challenging the recent history's telling of the shape set used could be a good idea.
I found a place further back in the chart history to put a Gann fan on an apparently pivotal (read: super-leveragable) example of the shape set, and the fan went through the chart thereafter to say many things, one of which was that the turn I first saw would not last very long. So I waited out the expected short jump up of the chart and then placed a short instead. I got both more money and accuracy from the amended trade.
-- Not going to bore you with lots of charts, it's just a simple shape set that I happened to find and a well-placed Gann fan before a pivotal example of that shape set. It's how I got to the decision of the trade that is the most interesting to me. (Did save tpl at M w/Tdw -- note to self.)

checking in so not kicked out

Doing about the same as above, nothing really to say

Came up with a three-axis approach within own ptm today, may go somewhere.

Hello again

This is still interesting. Think i will go back and go over some of your thoughts, maybe tomorrow or next week. I will let you know if i think of something fun. Cheers anway!