Quote from Nebuchadnezzar:
It is a basic econometric pattern of any trend. Combine it with the volume and you got the 1,2,3 formation. All markets conform to that pattern.
Quote from jack hershey:
You are INCORRECT.
Stay that way if you wish.
The mathematics of markets is Boolean algebra (See George Boole in the 1840's)
Unfortunately, most people who use Boolean Algebra do not know what unit of measure to use.
It is a vector and it is not relatede to time in any real and practical way.
your mind like Nez's is probably filled with things that do not interconnect and never will. this circumstance precludes a person being able to differentiate his mind properly.
the reason is simple; the mind does not erase. Too bad for you guys. It was your choice
You looking at the chart and seeing LTL being broken with close in the zone produces resumption - this is induction and a naive one. Sane person taking this as a rule and testing to see if it holds true - this is deductive activity. Anybody can degap charts posted by spydertrader and see for themselves that HE GOT THE ORDER OF EVENTS WRONG for the next day. Supposedly he was trading off those charts. Sane person seeing that all his charts anticipated wrong what must develop on the next day in order for those annotations to be correct - this is analysis. Coming to conclusion that he and you are fakes and frauds is simply logical. For everything else there is a master card.Quote from jack hershey:
This is all TA that works as founded on a deductive Scientific Method. Add a second page to each of the 8 steps with the deductive process you used to prove each step works based on scientific deduction. By doing each of these steps by scientific deduction you do not deny your self the opportunity to build the blocks of this system from the ground up.
The Scientific Method also ditates to you the kind of mathematics which must be used in trading. Put you write up on this facet before all the 8 steps so you know the MATHEMETICAL BASIS OF YOUR SCIENTIFIC DEDUCTIONS.
Quote from Nebuchadnezzar:
Logical calculus has nothing to do with your approach and the vector is not the unit of measurement. You are consistently borrowing concepts from real discipline but I think you have no idea what you are talking about cause you sound like you have an aphasia.
The purpose of annotations is for a trader to keep track of where she is in the order of the events. Every single chart annotated by spydertrader can be degapped and compared with the next day to see if "what must come next" based on today's annotations has developed tomorrow. Without a fail, it never did. Spydertrader never got WMCN right. Not a single time. Doing due diligence on his crap is time consuming. But it is worth it. Any sane person can review his charts, look at the next day, see that based on gaussians of various thickness his pre-flight check was wrong every single time. The first question comes to mind: if he was supposed to have traded off his annotations -- ARE YOU F*NG MAD. Am I talking to a bot? A hershey bot? WTF?Quote from jack hershey:
Yes, many people came and spent a day with Spyder.
He did carefully point out the single pattern that occurs in markets. B2B 2R 2B for long and R2R 2B 2R for short. The pattern is a P, V pattern and it shows the relationship of price following volume.
From this, person always knows WMCN. For example, I have posted a day ahead the next 18 to 22 trades for the following day. This included the time and price of the pm BO as well. Secondly, in december one year I posted the seven price moves of the economy for the following year. Then it happened over the process of the year.
None of this is predicting at all. All it is is knowing WMCN based on the interlocking relationships of fractals and how they are built from the finest market granularity to the present very slow fractal Depression we are experiencing.
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I am very f*ing informed, believe me. This is no trashing. This is a statement of fact. We just had the VE on ES didn't close in the zone, and low and behold, there was another freaking resumption. Only a blind person can't see that. It would've been another loss for a trader following your rules. You were very specific about the zones and the closes.Quote from jack hershey:
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I do not believe it is fair in any way for an uniformed person to take potshots at things they know nothing about. Obviously this site cannot be moderated in any way to eliminate such trashing. I am pointing out this trash talk because my name was trashed by posting improperly.
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