ES Journal - 2019/2020

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Buy1Sell2 said:
I've already proven time and again with chartings and tradings that my definition of gap is the correct one. --Most recently today when the first thrusting took us to my definition and a quick selloff ensued. Feel free to continue to discuss, however I will not engage as I have already won the decade---
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A closed mind never sees the truth
 
Buy1Sell2 said:
Certainly are more profitable.---You need to understand something. After years and years of study and practice---I know what's what.
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A number of us have many years of study and experience but once learning stops, we stagnate. You can't learn anything if you already know everything.
 
speedo said:
A number of us have many years of study and experience but once learning stops, we stagnate. You can't learn anything if you already know everything.
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Unless you have reached a stage where you know what is successful. Markets do not change. Only the logistics of placing a trade and ease of analysis do.---Right now we are in phase 6 of the journal and I know everything I need to about trading.--
 
Buy1Sell2 said:
I've proven it by tradings. Also here is a quick example----by Volente's definition, there was a gap from 2582 to 2585 on Jan 15. It can't be seen easily, because the wrong definition is being used. You will see though that there is no gap by my definition which is the correct one. When you use the incorrect definition by Vol and Peks, you would be keeping track of bogus and meaningless gaps all across the charts. ---Gaps must be able to seen readily and easily to the naked eye.
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Proven it by tradings? What does that even mean?

@volente_00 and @Pekelo's definition is the correct one.

The gaps you're referring and claiming to be the correct definition is simply one subset of gaps. One could define them as outside gaps since the requirement from you is an open outside yesterday's range. Interestingly, these gaps can be quite small also. Even less than the 3,0 points in your example above.

But the common definition of a gap is the difference between the prior close and today's open using the cash session at 09:30-16:00. This represents UNTRADED prices from one session to the next. Hence why it's called a gap. If you can't spot these charting RTH data on minute charts, you need glasses. :)

If you don't want to consider these gaps within your own methodology: fine. That does not change the definition for the rest of the trading community though.
 
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