Correct support line?

[Wide Tailz]

Quote from jack hershey:

the yopic is support lines

This is how making money begins.

Two subjects that have nothing to do with a drug-induced dissertation of gobbledygook galore.......

:eek:

 

[Fleming Snopes]

Quote from jack hershey:

the yopic is support lines which the OP draws as trend lines, sort of.

There is only one way to deduce and use trendlines to depict leading indicators of trade signals.

To make money "efficiently" and "effectively", you must have a mind that is fully differentiated.

Making money speends upon knowing that you know all the time.

So this means each bar has to be evaluated properly to do the trend analysis and monitoring.

It is not possible to build your mind if you do trebd following. trend following is a lagging approach.

Reason dictates that you MUST not lag and that you can only deal in the Present. The Present is all you have in reality.

to view markets cogently you watch the future come into the Present.

This is like the action of a funnel where the funnel liines up things in it in the proper order to spill them out in the unveiliing Present.

So bars line up in rows and they are stable in the past.

The Philosophy of History (Danto, Columbis) propounds that PofH can be symmetric among other things. This explains the relative importance of things. the concept of "confirmation" is allowed to die through reasoning, we hope. we actually do not need it so it never enters the picture.

There is always a bar forming. There is NO time between an end of a bar and the beginning of a new bar forming. Therefore, it is not a good thing to use this non time for reasoning answers.

One answer is sought to optimize making the full offer of the market.

You must find the event that optimizes makiing money using trend monitoring and analysis. Throw away books that deal with the lagging trend following.

xspurt has given you the answer on my behalf.

The event that poptimizes making money is the end of the trend.

You are able to deduce that trends end inside of trend boundaries.

you also have reasoned that ends of bars are not ends of anything except ends of bars usually. If there is an exception, you must recognize it.

Look at all of the points xspurt used to draw lines. None of them were at the ends of bars as measured in time. All were during the formation of the given bar.


Baro san shows us the three parts of a trend. Two ends and one middle. Each trend, then, can be said to have three subtrends. the circles show ends. The line shows middles. this is all on one fractal level.

xspurt jumps fractals. Baro san does NOT jump fractals.

"Little Black Sambo" is a children's story about the topic of running around in circles. It has a buttery ending.

We can conclude and agree with xspurt that a trend ends within a trend and this optimum moment IS EXACTLY WHERE THE NEXT TREND BEGINS.

A theorem results. Write it out in your own words.

This post is about the topic that puzzles the OP: when is the excat time a trend begins. By knowing this you end once and for all the betting of the OODA of the CW.

In trading, you may not bet and confirm if you betted correctly.

You must have a mind already built that tells you "you know that you know". This topic is known as drivel and gibberish to some people. That is their right to name things any way they want. They get the consequences.

To envelop a tend for monitoring and analysis, enclose it always in a parallelogram. Point 1 is the exact place to begin. xspurt has given you the correct name for this point 1.

You take the trade at this point using the opposite sentiment of the prior trend.

This is how making money begins.

Monday, in ES you go long to continue the existing long trend that began at point 1.

Bravo to all of you! ET thinks I am nutso for spinning twenty personalities out of one mind. I think YOU all are nutso for melding twenty minds into one personality!

Word salad. Misspellings. Repetition. Disjointedness. Typos. Rambling. It's great! But, alas, no disguised nuggets of truth. Just one mistake. The original authentic Jack NEVER used upper case words. If ever there was an original authentic Jack.

I have to wonder, though, if twenty of you individually get as much pleasure jiveing ET as I do as one person.

Classic Jack: "you must have a mind that is fully differentiated"

127 hits when you search on that here. Clearly cut and paste, or a line in the random post generator.

106 hits on "you watch the future come into the Present"

Tests of statistical significunts is left as an exercise for the stoont.

 

[cactiman]

Quote from Fleming Snopes:

Bravo to all of you! ET thinks I am nutso for spinning twenty personalities out of one mind. I think YOU all are nutso for melding twenty minds into one personality!

Word salad. Misspellings. Repetition. Disjointedness. Typos. Rambling. It's great! But, alas, no disguised nuggets of truth. Just one mistake. The original authentic Jack NEVER used upper case words. If ever there was an original authentic Jack.

I have to wonder, though, if twenty of you individually get as much pleasure jiveing ET as I do as one person.

Classic Jack: "you must have a mind that is fully differentiated"

127 hits when you search on that here. Clearly cut and paste, or a line in the random post generator.

106 hits on "you watch the future come into the Present"

Tests of statistical significunts is left as an exercise for the stoont.

So are you claiming to be Jack Hershey?
I want to know whether I should Complain only about him or about you too.
This kind of "Troll Theatre" ruins ET for those of us coming here to converse with other traders and possibly learn something.

 

[Mercor]

Quote from Xspurt:


What you show is a classic trend line that needs a 3rd point for confirmation. However if you look at the tops you find that your line is a mirror of the top resistance so you have a proven structural reason for your line placement and hence no need for a 3rd point to confirm the trend line support.

This is the only way to play the 2nd point on the support line.
In this upmove make a top line, then mirror it off the most prominent point for the bottom line. This will give you a chance to buy that 2nd hit on the support line.
I call it completing the 4th point on a box. A high probability buy.

Xspurt, again you have the definitive answer. Simple and effective.

 

[jack hershey]

Quote from cactiman:

So are you claiming to be Jack Hershey?
I want to know whether I should Complain only about him or about you too.
This kind of "Troll Theatre" ruins ET for those of us coming here to converse with other traders and possibly learn something.

If you have difficulty learning, then narrow those you read by using ignore.

The mad faces are so charming; keep using them.

you will become quite busy when you take on the concurrent multi aliases. To complain about me you can cover all the bases by just refering to one name I use currently. My past aliases were serial (I used one at a time).

In ET I do not believe you have to have a bsis for your complaint. You can whine about anything that comes to mind.

 

[Wide Tailz]

Another approach to understanding the situation.

 

[ocean5]

Quote from jack hershey:

If you have difficulty learning, then narrow those you read by using ignore.

The mad faces are so charming; keep using them.

you will become quite busy when you take on the concurrent multi aliases. To complain about me you can cover all the bases by just refering to one name I use currently. My past aliases were serial (I used one at a time).

In ET I do not believe you have to have a bsis for your complaint. You can whine about anything that comes to mind.

Stop posting your moronic crap!You outta your mind,can`t you see that?

 

[cactiman]

Quote from jack hershey:

If you have difficulty learning, then narrow those you read by using ignore.

The mad faces are so charming; keep using them.

you will become quite busy when you take on the concurrent multi aliases. To complain about me you can cover all the bases by just refering to one name I use currently. My past aliases were serial (I used one at a time).

In ET I do not believe you have to have a bsis for your complaint. You can whine about anything that comes to mind.

So at this time are you also Fleming Snopes?