Quote from Grob109:
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Sweeping is a killer mechanism because it stops the greatest two screw ups traders do not face.
1. Failing to collect data sets for analysis
2. Being oriented to reaction. This is where a signal appears (isolated element) and a reaction follows.
Sweeping makes you continually collect all data that comprises you set for being able to proceedto analysis. It cures "reaction".
Sweeping is a major aid to getting the market to talk to you. As you get competent in sweeping you advance to being thorough.
With thoroughness comes more and more analysis that is placed in fornt of provisional beliefs.
1000 such passes go far to finding out "this is how the market works".
By having a requirement for the pertinent data set all the time for what the market is telling you, you get to have a "partner". The market is your partner.
coarse, medium and fine take on meaning as you "process". You look "into" when the market tells you to look closer.
The reason for looking closer is singular. As posters have said today, it is because you need a fine control to trade, to act to make turns. The sweeps stay at the correct level of coarse, medium and fine because the market offers a complete set to you ate the right level. You get to fine when the market tells you to be there.
So you have to, at some point stop looking for what you "expect" because it distracts you from listening to the market. Next you have to stop fighting the market and consider it becoming your partner. finally you get to "do what the market tells you". At this point you understand the market has only one goal for you: To make you money.
So channel and traverse line drawing is just part of sweeping as is done when the chart needs completions here and there.
as you do the job comprehensively you find out that you are ALWAYS trading in the extensions fo the channels you draw and furthermore very often as a trend proceeds the limits of the extensional envelope is reached and retraced from. the beat goes on.
sweeping lets you know when a R to L traverse is not going all the way. you sweep into a greater focus. then you examine the workings of the end of the bar. then you ACT finally when the FLAWS supercede making money.
To get to having the market talk to you, requires that you do not pretend to need to be an inventor all the time. quite the oppositie is being asked of you. Just try to do the work that it required to be precisely in control of the infomation being told to you. If you are puzzled,repeat sweeping more carefully. you will know when your three column list is done. It is when the market talks to you and doesnot add to your vocabulary any more. you get the words from the market and the market doesnot understand what you invent for it.
