
This method is self-correcting, i.e. bookmarks.Quote from jack hershey:
Prediction is NOT part of trading to take the full offer of the market.
The sentiment changed to short on bar 78. A FTP followed, then two lat bars. No gaps to correct.
So the open is following an internal lat sequence of P1, T1 and P2. A point will appear that is an "a" turn (DOM to non DOM or a "c" turn DOM to DOM.
If the lateral continues it could be a new P2 or a first T2P.
If a BO occurs, then the lat is over and you go back to the regular routine instead of assigning a value to each lat bar in the primary and secondary sequence.
All you do is enter short @ the opening price and do the work required in the Present. At a bar lock in you analyze. this dictates whethr a decision is called for according to the name of the volume bar if the price bar has givine permission to measure. ...
Quote from 1a2b3cppp:
I'm thinking about starting a price action thread to have some focused discussion while I try to figure this stuff out.
Quote from 1a2b3cppp:
Actually, the amount of sheer nonsense and ambiguity in this thread is making me change my mind.
I mean, I'm still going to study this on my own, but I don't know if I can deal with another thread full of obfuscation, charts with non-specific commentary, and incoherent ramblings.
It might still be fun, though.