Quote from ammo:
so ltl and rtl are left and right or upper lower trendlines
No, they are not. Try for just a moment to consider a different world than you are in. You have a LONG bias. Ease over to a NEUTRAL bias. In a lot of books the NEUTRAL bias is mentioned.
Now, you read my posts and you believe RTL is lower trend line. For a SHORT trend, the RTL is the upper trendline in your parlance.
By granting your mind the right to look at markts from a NEUTRAL bias, your brain has to deal with only half the elements that would otherwise be in the picture.
Meny definitions have twice the applications and half of what you may be trying to do now disappears.
Okay you spent the moment. You will go back to where you were. BUT in six months you may be able to accept having a neutral bias as one of your original ideas. Then you can become a beginner trader.
,ftt is failing to to bounce back up or down to the upper/lower tl in the present channel,
this rhought is a tough one to have to bear. In a parallelogram, points 1 and 3 establish the dominant slope. In a trend, price advances in the dominant direction. It is always one direction and one direction only. That direction is right to left.
Trends always are happening. We know this because they overlap. Once you know what is going on you always know the dominant side of the market.
Imagine, for a moment that you have (always) the skill to be knowledgeable about what the dominant side of the market is at all times.
Now, you cannot, but you could if you annotated and the lines went out into the future. Price would always be filling the boundaries YOU drew upon instructions from the market.
Your platform will not do that for you because you subscribe to a platform that is shoddy and incomplete. Most platform vendors are ignorant AND they do NOT listen to their customers.
This said, now, you can determine the end of each trend.
AFTER POINT 3, A TREND COMES TO AN END IF THE PRICE CANNOT GO FAR ENOUGH FROM RIGHT TO LEFT TO GET TO THE LTL.
this expressions says: "You have all the time in the world to make all the market offers by trading FTT to FTT. In detail you go through point 1, point 2 and point 3 holding and naking money. After point 3 you have to watch the trend come to its extreme price value just after the volume peaks and price Fails To Traverse the container width drawn well before the end of the trend and past the end of the trend.
What is it like to be a person looking at lines drawn to the right side of his screen where price moves along in between these lines, all after the lines are drawn. What is it like to look at 10 leading indicators of price and know the price that will not be exceeded (here exceeded means beyond the price in the dominant direction).
The RTL is behind the price and the LTL is in front of the price. Volume is rising. The PRV shadow of volume shows you 12 seconds into the bar what the ending volume will be and it tells you whether of not the peak is past. If not, then you sit for 5 minutes more and make more money. What if the PRV shadow is less that the prior bar's volume? Well then you know you are going to , somwhere in the next 300 seconds, see the maximum traverse the trend will make aftyer point 3 of the parallelogram.
Knowledge and skills combine to give you a one-on-one match of your sensing (10%) and inference (90% and from long term memory) to YIELD PERCEPTION.
as we know most trader about all of the time are betting because they have zero PERCEPTION. It is tough shit for all the people who can honestly read this and figure out they have wasted all their time screwing around instead of building their minds.
I cannot build your mind and so far it is NOT built.
Only a reasoned system results in a buuilt mind. Throwning random beliefs into a nind does NOT let it build itself. Look at reading and Arithmetic. They are built by a learning process that has a core of doing drills to make inference in the form of long term memory.
So I read what you post and see a messed up and disorganized mind and I know you never did any drills suggested by anyone.
To BE able to read a chart is done by annotating the chart first. You do annotating drills. Then you read the chart. If you annotate and if you read the chart (google: learning to read English; it is similar), then you can log the chart. Every bar deserves six rows in a log.
at this point,you start a new channel,
A trend ends on a fractal on the Failure To Traverse. All fractals are nested and about seven different fractals will cover the fastest trade to the slowest Economic or Econometric cycle. You do not start anything; the market is what dictates what is what. You obey at all times.
This is what i am deducing from your post, the ve,volatility expansion,i'm miffed,is that the same as a direction change,
No absolutely nd positively NOT.
Here is the bad news. The VE only steepens the trend and prolongs it. Think of it this way. I am telling the world about DOOMSDAY and you think I am saying things are turning around.
A Volatility Expansion is an imprtant happening on the LTL.
You may notice people, today, speak of the market's volatility. they do and they are still very ignorant people.
this post is a wake up call for you and for them.
When I say this leg (third and after point 3) of the Depression has four VE's coming up, what in CW I am saying is The Depression has four stages of getting WORSE COMMInG DOWN.
The sequence will last 10 to 12 years. I will be 88 to 90 when it is over.
BUT all the while, I have immunity to Depressions since I extract capital out of markets every day. I have a system that works for all markets given a minimum of activity. I have used it for 53 years.
and are you saying we will make it thru this fed printing for another 10-12 years before any serious market damage,
You haven't seen any damage as yet. It gets worse and worse over four more and more diofficult stages. Nations will begin to fail. we will have more and more terroism from those who have no rights where they live. Even in America those who have been screewed by the few will get angry and show everyone how lousy living from day to day is for them.
Force will begin to be used to control people who are having a hardtime and do not know how to do drills.
Learning by doing drills is the only way to be rich by using price change to make money.
your post says that you do not do drills. Do you have a tent and a sleeping bag? If so learn to cook over a sterno flame. Gas tanks blow up and kill campers.
if you are you've answered my question about you using this on weekly ,monthly.yearly charts
Yes. If you post a comment on my 01SEP09 pronoumcement, remember to put in piont 1, and 2 and their subfractals so you can actually perceive what I said. I said that on the way to point 3 the subfractal could no longer reach the LTL. Now, in 2011 we can see that was true. this Depression started in JUN/JUL of 06 and you can watch the camtasia's where I spoke that and but up the charts of past depressions from Van Tharpe's book.
Now is the time to come in from the c0ld and begin to learn. It is going to get a lot more volatile and that means alot more money velocity is ahead unless you get the Bohr or Lizard Syndomes.
