ImpLaNT wrote: Sun Apr 16, 2023 11:05 am
Apparently I somehow put it wrong, maybe I didn’t choose the words very well. All I wanted to say with this sentence is that we need to look for the folding phases and the corresponding combinations of dots no lower than M30.
Your point that M30 is a convenient trade frame is most probably well taken and I think the reactions seen is to do with term
"noise" used in explaining your preference of 4n as a
trade frame over partitions lower than 4n. That caused the reaction. Clearly, there is
zero noise in a fractal structure because of
self-affinity as the pattern is the same across all dimensions of market time. Further,
pivots are
nested and if you look at btc (as of the time of my post and I hope it stays the same for the sake of this point), we see see an intraday stop at 30373.27. This point reads across as 6n = W(1), 5n = Y (2), 4n = 2(Y), 3n = 3(A), 2n = 4(G) and n = 5(M) which gives the
nested set of Semaphores for that single point at a given time point. So in fact the same point can in theory be traded from any of those frames and all have the same implication for direction (therefore covered by the Screenface in terms of cueing entry). But yes translation speeds differ across time and so does
confidence about the finality of a stop in space, etc. As such, yes M30 is a great
window to base your entry approach for its visual convenience. The presentation of your approach is fascinating to me as I get to see firsthand how an
expert trader reads the model to trade and so far it is well articulated. But what thrilled me the most yesterday was the general reaction to the term "noise" based not just on the experience of users but also on the firm grasp of chaos theory. I was really thrilled by this because it does in fact show that people are not just
attentive but deeply
interested in what we are doing. That made my day and all of this stems from your kind willingness to share your approach. One request I have though is this - is it possible before your next lesson (which I follow as a student), that you outline on a step by step basis in a few lines (bullet points), your entry and exit algorithm? What I mean is a kind of
summary of the key steps you take. Thank you so much for the good work.
(-_-)
PS: Pi = {6n = W(1), 5n = Y (2), 4n = 2(Y), 3n = 3(A), 2n = 4(G) and n = 5(M)} is one of several sets indicated in one of my many documents posted in forum which lists others (and of course people are free to note any such that work for
entry and
exit). Pi = Pivoting Index and any forum user who recalls the particular document can please point us all to it. I forget which. This of course is just BTW.