…sharing this article to help you avoid the mistakes I have made…

Unless you are the Gugenheim Foundation and managing 294 Billion Dollars, you do not need a portfolio. With the large numbers your objectives would become very different as well. You are not eyeing major capital gains, what you are trying to do is storing wealth into the future with hopefully minimal losses. Pension funds and the retail are the default suckers to dump unwanted stocks to. A portfolio would multiply the possible ways of accumulating losses and would heavily cap your gains potential.

Stocks make zero sense to me: for the few that pay dividends, you would have to have held them a year back, and say one dishes out 8% which is the very steep end of the spectrum, but the stock itself is down 10% from where you bought it at, what did you gain at all? Wash sale rule makes it futile to sell within 3 months, for you do not get to have the benefit to write off losses, yet you have to pay capital gains on all of your wash sales (I had to pay capital gains on 32k despite of my portfolio being down 35k in my first year; by now even unreported crypto gains may set you up for tax evasion). Stocks come with all kinds of risks from merger, earning reports, medicine trials, mismanagement. I only owned like 10 different stock in my entire life, and 3 of those ended up in court papers because of mismanaging inverstor money (Apollo Group, Ormat, can’t remember the 3rd, was it SmithTown Bank?). I ended up opting for Mark to Market, but that still did not answer all the headaches that come with owning stocks.

There is another way to buy into a company’s growth. Look up what Chamath has to say about Tesla and corporate bonds. They come with 0% downside risk if the stock drops and 90% participation in the upside. He was the guy calling Amazon’s 25-year 25% a “drop mic.”

Here’s Buffett’s average yearly return for comparison:

For further gain percentages comparison, Jim Rogers & Gerorge Soros’s Quantum Fund – so goes the legend – had returned 4,200% gains in 10 years. That’s not 420% per year, it was calculated with 45% compounded gains yearly (although that figures to be 4,108% I believe). Some people have no living expenses or taxes to pay!

My education was very expensive: $250k and the opportunity cost of a whole decade. Most of my losses were due to Weekly Options expiring worthless and triple leveraged, index based ETFs, which had daily maintenance cost plus back then every trade ran me $7.50-$8 . (ThinkOrSwim was a little less than ING).

See, Go West & Invest did not pan out for me. My whole investment portfolio reached a temporary peak of +15%, when I went to DisneyLand just to return for a major gap down (with triple leverage) kicking in a cascade of having to fill in margin / averaging down until 6 months later down the road missing out on the end of the bear market’s bottom and holding virtually no positions for the run up. I was losing an additional 20-30% with every gap down for 3 weeks straight, which led me to eventually make the stupidest steps of my life: betting naked weekly calls 20k at a time & wiping them all out at the end for expiring out of the money (3 times of that as well).

The biggest misconception for those who can even distinguish between a stock and a currency, is that they think that everything that has data that can be turned into a candle chart can be traded the same way. Obviously an option can be charted but it does not trade the same way as the underlying stock. Not as obvious are the differences between stocks, ETFs, futures, commodities, currencies.

I used to trade UNG for a while. It was a pure windmill fight on the long side due to the underlying contango which I was not conscious about at the time, yet I had come to learn the way to survival by knowing when the weekly natural gas stocks report came out (I think it was 10 AM PST) and dumped on up moves my averaged down long entries.

But you obviously want more than survive.

I remember when a social media user was bragging about batting 16% with his portfolio in one year. He clearly had holdings at the moment he posted this, so he had multiple risk factors that could had re-adjusted the bottom line even the next day. Compare his temporary number with my yearly gains and the fact that I am all cashed out most of the time.

Not that Forex is much too easy. I do not know a single person who has been successful on a multiple-year time frame, and I am no exception.

I’m not sure how self proclaimed trading educators came up with the volatility difference between equities and Forex is 20% less for the latter, when you can see that a 1% move in USD translates to 5% on the S&P.

Yet I have worked out a way that lends me the hope of catching up with the losses and excel into the future. There is a good chance that I can claim back all of my Forex losses in the coming year.

To succeed in Forex, I had to find and exploit all possible edges. Starting from the lowest cost, the highest leverage, best liquidity (only one currency pair qualified); getting the size right, to building the right tools & indicators.

Finding the right broker without knowing what is out there and what parameters to look for wasn’t smooth sailing either. FXCM with their split window system was confusing and without MQL4 I could not possibly have developed the right tools. With Easy Forex I learnt about how important the spread size was having a “fixed spread” account. It was not actually fixed, but more like minimum 3 pips on EUR/USD, minimum 8 pips on GBP/USD that I used to trade a lot and 14 pips on an exotic pair like AUD/NZD. Imagine being at 14 pips loss the moment you open a trade!

Squared Financial taught me about the importance of being able to deposit without delay onto my account. I had to make phone calls to the market maker (here meaning spread-adjuster) sitting in to beg them to credit my funds over the phone. I got to learn their names & personalities! Later they passed me down to a sister company due to ESMA and forgot to mention that my 300:1 leverage was gone forever and now trade with the Cyprus forex company with 30:1. The worst of all worlds.

I never had a real account with IC Markets, but since I was testing all of my auto trading routines on their demos, I have come to learn intimately a painful feature of daily transaction cap: they would suspend your account if you exceed 25k transactions – which may sound like a lot, but for instance a trail stop or a frequent delete / place pending order loop can surpass this kind of a limitation in 15 minutes.

LQDFX had a lot size limitation of 50 (compare it with 1000 at Squared Financial) and bad liquidity.

Brokers may take money away from you, but what they cannot take away is your intelligence with which you can innovate and find your way to making profits in this world full of scams.

I used to hand out my Broker Auditor routine in the software package that came with my e-book, the Computer Aided Trading.

People who are satisfied with their broker’s 2 or 3 pips spread should pay attention to the average trade pips of my statement. I pay less than a pip round trip for commission and spread. Even if I only made 10 cents on a trade, one million times that is a 100k -this can buy you a property or at least a half in most countries (I paid for my 3-bedroom house in the Philippines a little over 30k USD with the upgrades).

Cheer up, you have not yet hit rock bottom if you did not end up having to work as a night kitchen porter at the Pullman Hotel.

What you should under no circumstances lose is your integrity.

There must have been people who were able to make 10x gains in a year, but they certainly weren’t the YouTube high fliers selling you their crap.

Despising scammers, staying away from them and their ways is in your best interest, and I am begging you to avoid at all cost fake gurus such as Samuel Leach, Stephen Dux and Tim Sykes – they would only ever be able to show forged proofs i.e. on Profitly – which is owned by Mr. Sykes or via owning a Forex broker that gives a leverage to forge account statements – and this guy even ventured into an ICO of his own. Ask yourself the question now, why is anyone issuing an ICO at all? To me it sounds like the need of doing this comes with a certain kind of personality.

Don’t bother with binary options either. I personally never fell for CFD trading or Crypto, but had my schooling in most other. Do not fall for automated trading routines either, if you do not have the same data provided by the same broker and the same privileges, your results would be wildly different.

Why Fully Automated Trading on MT4 is Not a Viable Thing

Sure, I have things for sale here. I would be an idiot for giving away everything for free, for I have expenses such as the blog or the maintenance fees of the USD account, but I don’t over promise and under deliver and certainly have personal problems with injustice.

I sold 2 electronic books with my added software package for $25 each and gave access to 2 people to all of my routines and their updates for $52 and $56. So don’t compare me with scammers ripping you off for thousands for worthless junk.

See for yourself how different it is what I say on how things operate and what pours at you from wishful thinking self-claimed “educators” – which seems to be a never ending cascade of drawing lines, triangles, percentages and comparing things that should be traded on their own merits >

Terzo Elemento

Homework Wars

Warriors of the Mangled Wasteland

The Sweetest Perfection (This last one is about mean reversion – there is no quality info on the subject anywhere.)

As for my trading, I get biassed by the media as anybody else, and filling up margin is part of the things I have to engage in at times. Although I seem to know all the answers – see the 4 links above – I do not know them by heart. That tiny transition would take me from being the worst trader who can make 1000% gains in a year to an absolute phenomenon. In the meantime I’ll remain Macdulio, the professor of trading.

As for the intelligence mentioned, I can honestly say that I have managed to find the answers for all major questions without using anything that anybody was ever teaching / broadcasting. Did you pay attention to how many times did I mention trendlines and Fibonaccis? Automatization can hold against a bad bias. Defying all odds, I found the right hedging conditions, the most of the proper exits and many of the best entries. Try to do what I did with merely having data flowing from a broker: figure out how the trading of a given instrument works.

“You don’t want to come across someone with a 100% win rate” – a sentence from a YouTube Forex trader arbitrarily drawing 1:3 ratio brackets based on virtually nothing. I don’t want to know you either. Or perhaps he wasn’t talking about me, I’m only averaging between 99.3% and 99.8% in most months. For you the 3:1 is risk management, for me it is a loss-application. I guess I do resemble Warren Buffett since this thinking was attributed to him: “Rule Number One: Never Lose Money. Rule Number Two: Never Forget Rule Number One.”

So, referring back to the beginning: Do you need to make a court case before putting on a trade? Does it matter if the ECB president does not like vanilla cupcakes? Why waste your time with the whys?

…

Let’s call things for what they are – a Scarabaeus is a dung bug – ins Achilles.

It’s been a great month, so why not post some more rather educational stuff here?

August 2021

Lesson numero uno

Why shorting today could had turned out to be a disaster.

I posted this image over the weekend:

then I played around with the quarter lines, changed the displacement to 15% and drew some conclusions.

see, one of the big lessons of trading is that the large / violent moves come from price losing the overbought / oversold status, for it may not stop until the other end of the stochastics

to appreciate what is at risk here, take a look at what can happen when the last week”s range gets exceeded by 50% (navy line) and simultaneously the overbought/oversold status gets lost:

what sample stochastics? On the hourly I swear by the Crack Ho, which is 60 sample simple D with 3 delay, and has been embedded on the upside for days

but on the weekly I use 18-sample

I don’t set indicators on closing prices, only on high low halves

to me 14-sample is amateur hour, and so is for instance an RSI2 over closing prices (do not tell Romulus)

Part Deux

How to time those ill fated shorts?

1. You would ideally like to see the Crack Ho lose its embedding first
2. The order of things as follows: measuring leg – divergent leg – soft or hard reset and a beat would follow in case of a soft reset [M-D-R (+B)]
3. The beat itself would be made up of the same sequence
4. Beats can be repeated until a hard reset comes along

The market has to make a call for a reset after lack of selling / buying between two highs / lows.

The plot is an “h” for upright and “u” (no upside down h in the font) and a pink shade to remind you of the “got pink?” Trivia(l) question.

Nick Rhodes, the indicator plots colored squares out of the scoring system classified RSI2 readings.

Pink is music with chairs, and the only thing that matters is when it ends.

The exclamation mark is supposed to bring attention to a possible counter trend motion being in progress after 2 hours of spinning (when the pink music stops).

It is always helpful to be conscious of where the usual suspects lay, aka the beat ticker. Since this is a secondary beat sequence following a soft reset, the beat should come to a stop somewhere before the re -hedge level, and likely closer than 36 more pips: scale in with your shorts.

As for target, you know that the hard reset can be found starting at the closer end of E67 & print a Zero (thanks to my previous blog entry). So all you need to do is put Code 7 for stop loss to have the target value be adjusted automatically by my Trail Stop Only Modified LT EA.

See how easy this whole thing is?!

I know, this one was more like 10 lessons in one breath.

For those that put me on ignore – good luck trying to obtain knowledge on market mechanics, nobody’s teaching it and nobody’s researching it consciously, but me.

Trading is not about drawing random lines on a chart or calling a 50% retracement a Fibonacci wrongly, not even about paying a self proclaimed guru on YouTube.

Trading is about knowing with great accuracy, what is happening, what is going to happen next and aligning your holdings / trades as best as you can.

You’ve seen it before. My W1/A plot.

The logic behind it?

loD[i]<0 && loD[i+1]<0 && loD[i+2]<0 
   && stoch[i]<33
    && stoch[i]>27
   && High[i+10]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+10) 
   && High[i+9]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+9) 
   && High[i+8]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+8) 
   && High[i+7]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+7) 
   && High[i+6]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+6) 
   && High[i+5]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+5) 
   && High[i+4]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+4) 
   && High[i+3]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+3) 
   && High[i+2]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+2) 
   && High[i+1]>iMA(symbol,0,67,0,MODE_EMA,PRICE_LOW,i+1) 
   && Low[i]<iMA(symbol,0,67,0,MODE_EMA, PRICE_LOW,i)-30*Point 
   && Low[i]<Low[i+1]
   && iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,30,i+1))>iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,50,i+32))+50*Point

But never mind. This isn’t gonna be a complicated lesson.

I have made numerous logic throughout the years to spot an End of Wave 2 or a qualified Wave 1.

One thing has always been the same: Mr. Maroon.

Two 67-sample EMAs, one over the highs and one over the lows. A band where the Market Makers can make a reversal live or die.

Elliott Vape is in a purple haze about moving averages, relative strength or volatility whips.

Let’s discuss with the aid of the following image what a qualified Wave 1 / Wave A is and what isn’t.

The white swings were approved by market makers.

1. They all had a travel distance of at least a fluctuation size (32 pips).
2. They all had a pause of at least 20 hours of no touch of Mr. Maroon.
3. They all crossed over at least the closer band and
4. They all had a “ZERO” RSI2 HL2 reading (<2.3 or >96.3)

Now, let’s look at the failed reversal attempts. The First red attempt fulfilled the first 3 criteria, but closing back too low made the RSI2 reading fall way short of a ZERO.

The second red attempt did not reach the Market Maker line (#3).

The first orange swing was too short with 26 pips (#1) and the second orange lacked the pause before the run (#2).

During the volatility squeeze where the check marks are, there were no qualifying ZERO readings.

…but of course Elliott Beethowen sitting in his puff of smoke never heard of any of these things.

Now just the qualifying daily dose of music, and you’re good to go.

Yeah, you’re right, the last one that got away, the last white did not have a no-touch series of 20 hours preceding. So that’s a quail’s egg in the cuckoo nest. Not a Wave 1 – Wave 5 then?

That channeling warning was not kidding on the left: if I make a parallel with the Zero – Mastodon auto plot Axis and push it out to the swing high… See where price was smacked back down on the FOMC Wednesday.

So now you know why I said this last weekend:

Because I’ll be here forever:

Said I’ll always be your friend
Took an oath, I’ma stick it out ’til the end

Cease & desist, seek and destroy…

2 ideas here:

1. Confirmed high / Confirmed Low. (10+ pips break – you better hedge!)

iFractals(symbol,0,MODE_UPPER,iHighest(symbol,0,MODE_HIGH,3,i)) && upK[i]!=EMPTY_VALUE && RSI2[i]>87
iFractals(symbol,0,MODE_LOWER,i) && upK[i]!=EMPTY_VALUE && (RSI2[i]<8.8  || RSI2[i+1]<10  )
where upK equals TTM sqeeze

2. This was the moment when I realized that I am not competing with Meet Kevin for the sake of my generation for the best self made up-and-comer, but with Beff Jezos for best value innovation in a century: the Energy Bands.

Be and Ki are In and Out in some language.

I need to get new business cards where I would start including Master of Volatility right below the Professor of Trading entry.

Shyness goes away with the age.

nesze neked volitalitas
meg semmi ilyet nem lattam
bitcoin az nudli
lehetoseg doszt
at a feher vonalon amikor a vonal maga fel uton van es kiszallni egy expansion napon a teljes testtel a moat folott

There are 23 similarities of how these two lows were made. Can you spot them all?

Both lows were made whilst the Crack Ho was embedded. Korrek. What else?

There were Zero-Mastodon trendlines (M-Axis) printed.

There was an approach that got really close (less than 4 pips in both cases) to the Axis & then there were fractals. Bill Williams advanced you these, so smart money may get going during the second hour of the low, knowing that this fractal would not likely be taken back.

When the market is embedded, it has a slip. The clutch has to be engaged twice, a single, M (measuring leg) pullback would have to be followed by a D (divergent leg) that usually would exceed the M by a few pips.

I made my first book’s cover more than 30 years ago with a Picture Publisher on a Windows 3.1.

I was always going to be someone. A drunk with big muscles in a far away land is no longer an unattainable dream.

“You’re only happy when you’re down.” Nial Fuller

Little 15
You help her forget
The world outside
You’re not part of it yet
And if you could drive
You could drive her away
To a happier place
To a happier day
That exists in your mind
And in your smile
She could escape there
Just for a while
Little 15… Little 15
Why take the smooth with the rough
When things run smooth
It’s already more than enough
She knows your mind
Is not yet in league
With the rest of the world
And it’s little intrigues
Do you understand
Do you know what she means
As time goes by
And when you’ve seen what she’s seen
You will
Little 15… Little 15
Why does she have to defend
Her feelings inside
Why pretend
She’s not had a life
A life of near misses
Now all that she wants
Is 3 little wishes
She wants to see with your eyes
She wants to smile with your smile
She wants a nice surprise
Every once in a while
Little 15

…

So, did I cry wolf 16 pips too early?

Perhaps. But at least I managed to figure out a bunch of things I was missing, such as the overriding nature of embedding. The hook back count came out to be even as well. A hook back can be taken away just as a fractal. A Bollinger Band is but a vague idea of anticipated volatility change upper limit thus it isn’t a target as much as a near miss of the M-Axis is (sorry, IRA).

Props to Claws for liking my posts religiously.

Props to Douglas of the Le Bateau Ivre for the “don’t let my son go down on me”

Cause I’m loosing everything… But the very least the embedding.

A zero on the upside means the new position opening direction is up – for an entry an M would do for 2 hook-backs now that the embedding has ended. I think it is possible to say with 75% accuracy what is happening. All you need is an RSI2 and a Crack Ho.

The market evolves continually so you need to stay alert & hungry like one of them e-wolves (the devisa of trading).

The first thing you need to appreciate is what is a hook back (tie off) on the RSI2.

I put out some Weissmüller (oh boy, not another Tarzan!) circles for better views.

RSI2[i+1]<6 && RSI2[i]>6)
and
RSI2[i+1]>90.5 && RSI2[i]<90.5

Now, being able to count to two would help with the second stage.

As you can see on the image above, the odd counts are grayed out (Los Insignificantes*). You need to start paying attention to every second one of these.

In order for a turn to ensue, following the even print you need to see counter directional volatility, say 23 pips.

Below: 23 pips, and this break out is Alive.

Now, as for the counter resets, I use the zero conditions (see last blog entry titled Was geht? Was bleibt?)

And another thing: the crack HO losing an embedded status. I made 2 changes here, I traded the 80 and the 20 for 76 and 24 for visual markers & changed up the expression a bit to now roll with a summation, i,e,:.

iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+3)+iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+2)+iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+1)+iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i+4)>320 && iStochastic(symbol,60,60,3,3,MODE_SMA,0,MODE_SIGNAL,i)<76

Peace out.

Los Insignificantes was my idea for the name of the touring music banda in the game where as an obstacle, the Columbian frog cartel throws bags full of blow from low flying double winged airplanes.

…

A new Mastodon was found and unearthed. M-Axis was generated automatically. Thanks again, Nick Rhodes (the indicator)! End of Wave 4.

One New Change is bringing down the upper M limit to 87.5

6/8/21

There is only one trendline with mathematical, ROC validity, the M-axis that is defined by a Zero and an M point.

9/8/21

Continuation entries are M.D. (medical doctor) M.D. practitioner and M.D. undergraduate or a sudden / time restricted naked M. They yearn to achieve a qualified M.

10/8/21

An M-axis is considered broken if price closes on the other side and makes a move 2-pips beyond the end point.

11/8/21

A directional change can be caused by:

• M-axis break
• a Zero print in the opposite direction
• a failed attack (fractal) that stops short of the newly minted M-axis

The M-D distance is typically 2, but not not more than 5 pips.

12/8/21

An M.D. is only interested in one thing: the resurrection of the Mastodon.

13/8/21

Your name is Victor Plankeinstein.

You work on an excavation.

Your objective is to resurrect a mastodon & then taking a ride on its back.

RSI2 is the drilling depth. You must find a corpse well preserved, so it has to be at the right depth, right temperature and from the right era.

The music looped is fittingly the Wooly Boogie song – we don’t know if it originated from the Pleistocene or the Iocene era, but it is primitive & catchy.

Once you rule out all the rational things, you are left with the unlikely, irrational answer.

Signals classified

Strong: M.D. in the direction of the last Zero. Exit upon seeing an unearthed Mastodon print.

Medium: close beyond an M-Axis away from the last Mastodon. Play the break with 2-pips of displacement over the end point.

Weak: fractal print falling short the freshly drawn M-Axis.

Consider a Zero print as a warning for an upcoming Mastodon grave.

///////////zero on the top
(RSI2[i+1]>97.3 && RSI2[i]<82 && RSI2[i+5]<97.3)
///////////zero on the bottom
(RSI2[i+1]<2.3 && RSI2[i]>3  && RSI2[i+5]>3)

Everyone ends up becoming a story in the end. As it turns out, I did have a knack for paleontology (~trading).

15/8/21

Introducing the Zero Mastodon “Richtig” scale (the bottom line) – something that you would expect coming out of a person calling themselves Hiero-Griffin trading. People spend their lives with f-ing up their own thinking. I spend mine with trying to correct the flaws in my own.

…

Hi guys, hope you’re well.

Macdulio Pastrami here.

I posted this image yesterday.

Let’s talk about it.

Leading Prognosticator

So as I said earlier, the bottom was in. If you tried to short here, you were picking up steam rollers in front of the penny or something.

My favouirite book is from Precter & Gambler, where they can almost predict different things with almost measurable accuracy. In fact, they are so good at it, that they don’t even need proceeds. To proceed, it is great for religious fanatics, but they may just buy Bitcoin these days as a default. Linda was a TV show in Hungary about a karateka girl. Leave your teenage crush’s name below in the comments. Subscribe to any channel, because I said so. Still I like me some Mike Hutchins for realz right now.

There is a cow shitting in the background right now. Fascinating.

Guys, like I said, if you don’t understand the following things about trading, I would argue that you don’t understand much.

Macdulio, how did you know that the bottom was in?

It is simple. Delete all the moving averages. Forget you ever met John Fibonacci.

What validated the trendlines, was the rate of change slowing down. The RSI2 readings showed a reversal divergence between the lower low/higher high and the intensity of the fuerza.

Most people don’t understand that a strong reversal divergence has at least 3 points of measure. The Zero point sets up the perimeter with a trip wire and a net. The Outlier trips on the wire, slashes a tear on the net and rolls a bit further. The Bushwick or beat is the last attempt on making some more progress but this time with dwarfed numbers and magnitude of fortitude. Small stabbing may continue, but the fight is already lost. In short the expectation is that price will fall short of the trendline at a minimum on closing basis.

This is why you need to know when and where to participate in a break out. A break of a Zero can yield an approximately 28-pip move (up to 45 during lower liquidity news event). The break of an Outlier would yield a handful of pips normally, don’t expect anything beyond 20 pips – so overall you are way better off scaling in in the opposite direction, even if you may need to wait a half a day for the turn around to start performing.

A two-point reversal divergence may set the price back temporarily, but remember, the Bushwick militia shall make another try to settle with a final score, just to confirm. Bushwick shall aztec from an RSI2>91 or RSI2<6 point.

I’ll see you in the next video, until then I’m going to make out with this good looking pine-tree.

///////////zero on the top
if (RSI2[i+1]>97.3 && RSI2[i]<82 && RSI2[i+5]<97.3){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
                      zeroup[i+1]=true;
                      
}
///////////M on the top
else if (RSI2[i+1]>91 && RSI2[i]<91 && RSI2[i+3]<91){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
   if (i>3 && (iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i-1))+55*Point)>=iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i-3)) && RSI2[i+1]>94 && iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,i-1))>=iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,22,i+4)) && RSI2[ArrayMaximum(RSI2,40,i+2)]>RSI2[i+1]){
                ObjectCreate("Panaceadd"+DoubleToStr(i), OBJ_TEXT, 0, Time[i+1], iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,4,i-1))+90*Point); 
                ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrPurple);
                      ObjectSetText("Panaceadd"+DoubleToStr(i), "Outlier", 22, "Impact", clrBlack);
                      ObjectSet("Panaceadd"+DoubleToStr(i), OBJPROP_BACK,1); 
                      

   
   
}



///////////zero on the bottom
if (RSI2[i+1]<2.5 && RSI2[i]>3  && RSI2[i+3]>3){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 41); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
                      zerodn[i+1]=true;
}

///////////D on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>6  && RSI2[i+3]>6 && RSI2[i+4]<2.2 ){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "D", 42, "Impact", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
}

///////////M on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>18  && RSI2[i+3]>6){
                        ObjectCreate("Panaceadc"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panaceadc"+DoubleToStr(i), OBJPROP_BACK,1); 
                      
                         if (i>3 && iLow(symbol,0,iLowest(symbol,0,MODE_LOW,2,i-1))<=iLow(symbol,0,iLowest(symbol,0,MODE_LOW,2,i-3)) && RSI2[i+1]<6 && RSI2[ArrayMinimum(RSI2,36,i+2)]<RSI2[i+1] )   {
                
                 ObjectSetText("Panaceadc"+DoubleToStr(i), "M", 42, "Impact", clrPurple);
                ObjectCreate("Panaceadd"+DoubleToStr(i), OBJ_TEXT, 0, Time[i+1], iLow(symbol,0,iLowest(symbol,0,MODE_LOW,4,i-1))-30*Point); 
                                            
                      ObjectSetText("Panaceadd"+DoubleToStr(i), "Outlier", 22, "Impact", clrBlack);
                      
                      ObjectSet("Panaceadd"+DoubleToStr(i), OBJPROP_BACK,1); 
            
                      
}

Let’s answer 2 more questions here.

Local militia can always be raised, all you need is an M.D. to carry out the recruitment. Marker, Diverger and stabbing some more.

When is a zero considered broken? The answer is disappointing: I would not consider a zero to be broken within a fluctuation moratorium. 32 pips.

Always ask yourself the question first: what has changed? No closes under the trendline, nothing has. I borrowed the moratorium end signals from the Holy Graph.

Now, the story would be over if there was a happy end. There wasn’t. I did not understand the second Bushwick run for a while. Why was it successful in reaching the trendline again? I know the answer by now: embedding.

I had to give an apt name to this trendline to remind me on what it means.

The Bias is to be derived from the price’s relationship to the embedded overbought / oversold axis,
which represents a fade in the rate of change.
If price cannot reach and turns around, the direction is away from the axis.
If price is cozy touching the line, that means acceptance, embedding and gearing up for further damages in the direction of the axis.
If price crosses over and closes beyond the axis, hedge immediately into the end of the day.

I could had spared me a 9k+ drawdown today if only I managed to figure these things out two days prior.

You asked for this. Actually, you didn’t, but neither did I.

To keep the short story long, I had this 3-day trip to Wakefield one autumn. I went via Coppenhagen, it was quicker and easier from Malmö. A Hungarian comedian (deceased) said once that if the ferry ride was half an hour longer, they would not be able to tie out the boat. Of course, he was referring to the duty free alcohol system on the north. It is a duty and care free bottomless beverage-consumption 3.5 hours ride in either direction (same thing from Belgium, was on it at least 6 times).

…After I squeezed the remaining small bottles of Ballentines at the local McDonalds into my diet coke (I was handed the remaining stock by the flight attendant out of courtesy) I was picked up by Bjorn Lynne / Dr. Awersome / Divinorum to take me to the Team 17 (during Worms Resurrection, but before the release of the Alien Resurrection) office, we went on attending a Toto concert in Leeds together and purchasing everything he ever released and had stock of till that point. I also purchased all available the Douglas Adams books to read & translate – back then all I was living for was to build a legacy website. The univ server was called Nostromo, I swear (another side effect of the 70s). I opted out from staying at the hotel on the second night and with the money I saved I decided to buy some CDs (a media of music that used to exist) upon returning to Sweden.

The local music store had a listen in section: headsets with promoted CDs (Covid was nowhere back then). This was how I casually came across the Geto Boys Resurrection album. I was blown away by it, but the cherry on top was listening to the “I just wanna die” track. From 2 mins 45 seconds into the song this is the lyrics:

I put the pistol to my temple
See the bullet in the chamber
Cocked it back and out of anger
I pulled the crack, see the shells jump out the side
Now I’m fallin back, I’m seein faces but they’re all in black

Without the headset you would probably miss out on this most ingenious usage of a stereo rendering I have ever encountered. There are four sound effects in a sequence:

you hear a gun being cocked up on one side of your head – ” I put the pistol to my temple” – close enough to your ear

then a spin of a barrel chamber – ” See the bullet in the chamber ” – right between your two eyes (ears – same thing)

the gun fires off – “I pulled the crack “

then you hear an empty shell dropping onto the stone floor – “see the shells jump out the side“

This very last sound arrives from the other side of your ear, and although it does not make any sense that the empty shell has “traveled through” your brain, it is as close to as an all attention encompassing self inflicted skull shot as one can go through without actually dying. Simply genius, bravo!

…

I help you one last time, not that you deserve it.

M= Marker; D= Diverger; B=BushWick

///////////zero on the top
if (RSI2[i+1]>97.3 && RSI2[i]<82 && RSI2[i+3]<97.3){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}
///////////M on the top
else if (RSI2[i+1]>96 && RSI2[i]<96 && RSI2[i+3]<96){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 99); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}



///////////zero on the bottom
if (RSI2[i+1]<2.2 && RSI2[i]>2.2  && RSI2[i+3]>2.2){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 41); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "0", 42, "Arial Black", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}

///////////D on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>6  && RSI2[i+3]>6 && RSI2[i+4]<2.2 ){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "D", 42, "Impact", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}

///////////M on the bottom
else if (RSI2[i+1]<6 && RSI2[i]>18  && RSI2[i+3]>6){
                        ObjectCreate("Panacead"+DoubleToStr(i), OBJ_TEXT, 1, Time[i+1], 37); 
                      ObjectSetText("Panacead"+DoubleToStr(i), "M", 42, "Impact", clrOrange);
                      ObjectSet("Panacead"+DoubleToStr(i), OBJPROP_BACK,1); 
}

…

Nothing Personal

I swear I’m not gonna mention here things like

Why I tried applying to be a Marine unsuccessfully twice.

What it was like to be detained in Minnesota.

What it was like to be detained by the DEA in Santa Rosa – went on my driver license as an entry – having my arms zip tied behind my back sitting on my own vehicle’s hood.

What it was like to be at an interrogation about an Interpol 10-most wanted person.

What it was like to lose my wedding ring on Waikiki Beach.

What it was like boom-netting on New Zealand next to the Marlboro private island. Or was it Pall Mall? How should O know, I don’t smoke.

Why do I have business card of an FBI agent somewhere at my house in the Philippines.

Why did my 3.5 years of work at Bloomberg end with a grievance.

The answer is simple: I always end up at the wrong place with the wrong face.

I’m just a next-door neighbor, working hard at trying to stay sober.

Found this too>

Come to think of it, just call me John Nescafee.

This is a collection of data towards a video that may or may not be made. The video was going to be called The Good, the Bad and the Lovely, but I may leave it all as is: raw data, some content, some ideology, nothing too heavy. Imagine U96 for sound track.

The collection started with my blog entry called J.P. Outlier.

Withdrawal may result in losing capital for several months & a lot of headache trying to retrieve it – see my example on this.

…

I get charged $35.70 for swap on 8.5 lots long EurUsd, and 3x that on Wednesdays, which is really painful when I csn only average $85.50 per day.