right on.
I was suggesting that the rocket is the low risk beginner only allowable trade until a profit that is a multiple of the i unit initial trading capital.
the PM BO ranks along with the rochet if it is as you described. Your very salient point is that you SEE that the prior centering on VDU volume happens remotely from either S or R. There are three basic places ion the price map where BO's occur. The beginner low risk single location is the "neutral part of the map that is "away" from R and S.
Obviously the backtesting for BO's has to include and define which of the three regions in which the BO is taking place.
The Bracket is the safety value for all three locations, of course.
take alook at further refining the BO entry from the sidelines. You have it straight that the rate of change of volume is the trigger(implied at least).
Do BO's ever test R or S? Do they ever successfully test R or S? what is the factor that they over come if they do not turn into FBO's?
It there a connection between the sequencing of the kinds of trends? What is the most likely trend after a money making trend? Do several money making trends occur in sequence.
How do you change the hold/reverse sequencing signal regime when you have gone from a money making trend to a latral trend (inwhich you also make the otrntial the market offers you/).
Now we can see that under various eMF's (electromotive forces, so the speak), that a lot of energy is involved when a lateral channel is a channel that is testing an R or an S as compared to the "starting energy" required to leave the RR station situation
i am going to treturn to the axy and ABC stuff shortly. this thread is a good one to deepen the genral conversation about the market and how to "know" it. I am also nailing down what has to be done to move into a rational level of backtesting. no one can ever consider backtsting if they do not start right at the level of the interaction of the trader and the market whereby the backtesting includes the division of responsibilities accurately and also exactly when the monitoring and analysis shifts are taken into account very thoroughly with respect to coarse, medium and fine monitoring and analysis. There is not such thing as backtesting on one level of fineness. There are always at least three levels. furthermore the "what wasn't that' is often where the signals come from that are indicators of automatic shift levels.
Can you imqgine what a prop shop would look like if theere was a main focus on the markets operation instead of "anomolies". lol.
