Quote from Neoxx:
Just a quick point of clarification.
So point 1 to 2 is⦠a dominant traverse in a channel that has a designated direction. Therefore, in chart 1 in which the channel is short (and deemed short by the early expression of dominance that signaled entry), the second bar of every short-trending pair would be marked with a T in the price column?
You are pencilling across the rows. you come to Price column. You observe T for trending (it could be an internal so it wouldn't be "trending"). This is binary. If trending you put in T; if not you omit the T (do not note it). You are certain. This is an observation so it is linked to emotions. we do not want anxiety, fear or anger as you do this. We want support, comfort and confidence. The T is certain and omitting it is certain. we are parasympathetic and we do not have the fight or flee or Lizardness of sympathetic probability trading.
So after T if we have T, we put in L for long or S for short. We are certain of which to use as a consquence of looking at the ends of two bars. We have two primary cases or we need more info. these are certainties. we can rach closure with MADA by stopping observations of M and going to the certain finite sets of ADA which operate on one to one pairing and the certainty of the binary vectors of the subsewts of the finite sets of M, A, D and A.
It is a funnel that is based on information theory in the non probabilistic fork in the road where we did NOT go to the probabilistic side of information theory. Gaming is on that side and we "know that we know" at all times and do not play on the game side. CW plays on the game side where most people are only traders for a brief period of time.
So you do two steps: T and either L or S.
In contrast, every red bar in the first traverse would be marked with ST in the sentiment column?
Yes, exactly.