Take a pound of Brooks and a pinch of PV, and voila' - trader's souffle' ...
Quote from Fleming Snopes:
Thank you all for your kind contributions. In closing, let me reiterate what the point of my inaugural post was that I failed to see until just now. If you insist on seeing in a sequence of volume bars a construct called a "guasian", then you might as well enhance the chart to make those imaginary structures clearer. And do so in a way which suggests finer distinctions (where have I heard that admonition before?) than simply "up" or "down." It is at least a step up from superimposing straight lines on a data stream otherwise devoid of them. I am further suggesting that traders avoid anthopomathizing trading and apply actual mathematics instead.
Quote from jack hershey:
At 7:37 the S/S is reading -137 and volume on bar 2 is greater than bar 1.(no OB on bar 1).
Think about why I put increasing, decreasing, accelerating, decelerating, peak (ing) and trough (ing) in my summary.
The math of markets is dictated by the market. This dictated event takes place while a person is using science and, in particular, logic theory (Carnap). Keynes clearly states how to deal with the HS and its PM.
It's 7:47 look at the YM to see the pattern which is not observable on the ES. If you watch the market and log it by the order of events of the cases, it is possible to SEE the order of events all the way down to the granularity of the OTR market profile oriented chart (this chart does hypo not have standard length bars in terms of time, however).
Quote from jack hershey:
Here is an uncontaminated chart. I "read" it just as if all the annotations were there. Putting all the annotations there for each bar is what I do ordinarily. I do it because I feel the need to partner with the market and to get the "tells" from the market.
I called ahead to not have any internals on the ES this am.