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Sure. As I monitor I annotate. the long is where this trade began. I go short at each FTT after taking profits. At each penatration of the bookmark I wash and go long. Each time I have a new FTT I go short. As you see, I am keeping on the correct side of the market. At some...

I added points 1 and 2. I also put in along the bottom the defined trends. I also added the bookmark in green which is the slope limit for a long or for a short. leg two of a tnd has a name:retrace. It is the price trip from point 2 to point 3. For convenience, I will prbably place...

My charts do NOT show price. My charts only show volume at this point.

Well you may have just learned to not give up this profit by delaying your entry to the time BO. Instead, you can just get the new trade under way when you take profits on the prior trade. What is important about knowing about the BO is knowing that BO's only occur on the first of three legs...

In the first movement of a trend, some things become known; other things remain to be discovered. One thing is if the trend will fail. This is determined during the second movement of the trend. A trader annotates his chart to determine this. Learning all these facets is best done by...

To finish the trend, volume repeats the same process and PRICE DOES NOT REPEAT THE SAME PROCESS.

Here is what price has begun to do and what its container could become. At the end of a trend what happens is a Failure To Traverse (FTT). See pink vertical lines. All you need to know to take profits is that the trend ended. With that ending a REVERSAL BEGINS. So right after you take...

Here is another chart showing the repition of the lower pattern on the first chart. The BO of the RTL occurs twice on this chart. The place is the first and third trough.

Attached is a volume chart. There are two illustrations. The lower one is more accurate.

Have you been on a ship going from Cape Hook to the tip of Antarctica or vice versa. You would sail through the "convergence". There are many more things at play on that route. A person who looks at the processes the opposite way you mention, will make more forward progress than looking at...

Braincell mentioned that, to him, most of my significant words have ten meanings. You can get out of his dilemma by using the glossary I have created. Fortunately we just heard from bow wow. He has a 120K problem. You can avoid that too by using your mind to deal with a finite market and...

A retrace happens within a trend. BO of the RTL happens part way into a reversal. Both of the above are legs of a different sort. The trader who makes money by trend monitoring and analysis, simply trades from FTT to FTT. Part of this strategy, plan and consistency is to hold through...

Setting up the year ahead is not difficult. I used to do it here in terms of the legs. the beginning and end of each leg was noted as an x,y location on a chart. X was the time and Y was the price. The last time I suggested 7 legs and their runs. Someone promptly asked: "what is a...

You make good and proper points. I have mentioned these five books over the years. Their names and outlines have appeared on the webb as well. The books are just a culling and boiling down, topically, the five main themes of trading. FYI Groups of books with similar themes by one or...

I guess your posts are intended to convey humor. Good for you. I particularly liked your helpful post to McDull. FYI all trends have ended at the point where a BO of the RTL has occurred. A FBO comes later and adjustments are made then. At any rate the prior trend profits have...

the particular portion of this test is the data associated with its broad usage. the particular feature we use is the classification called "untreatable" such people who complete our program find that their post test provides a different category than "untreatable" this is considered an...

I guess our misunderstanding each other is that you think I trade the same instrument as you do. It would probably be best if you put up a blank chart for me to annotate part by part. If you wish make the parts as small as you wish so I can indicate to you my status all the time from hold...

At this time I have 7 books in the works. From a theme perspective five are financial, one deals with the problem solving aspect of PTSD (including both military and civilian), and the third is a book on environmental stewardship from a desert oriented multi-watershed very long term...

Happy New Year everyone. Be cool.