Why Is The Obvious Not So Obvious?

[rossky]

Quote from The Oracle:

RY does ask..about the task
where bizzy bee..sat on the tree
so let us look..into the book
and see if clear..what may be here

the fact is so..that most are slow
look in too deep..with little sleep
think what is gone..but miss the song
and wonder why..has passed them by

TO will ask..a simple task
look into book..with just one look
with no delay..write down today
what branch is best..and leave the rest?

Breakout --> Pullback --> Go!
On this snapshot there's a special situation produced by an Outside Down Bar. It made the First HH and it closed at a new Lower Low. Then a little pullback followed. The Outside Down Bar together with the little pullback forms an arrow showing us the direction we should go. The little bar on this blooming tree the low of which is marked as HL is where we would enter on the stop.
("We" = "I" here, 'cause there are several who talk in my head, always)

 

[Onra]

I'm getting a bit confused...

This thread started out as a kind of holy grail, which was apparently so obvious on charts, that every idiot could see it...
There were lines drawn and everybody was puzzling for this secret method.

At the same time a kind of "Trading in the Zone" talk developed, inspiring even some people to write poetry...
That's more about fighting (or forgiving yourself), and not deciphering markets.

Rossky's last post identifies correctly a breakout pullback short, which refers to (known) Price Action methods.

So:
1. is there a secret method or is it based on common Price Action principles (e.g. Brooks)
2. can you trade it only if you have become "enlightened"?

Cheers, Onra

 

[Redneck]

Quote from Onra:

I'm getting a bit confused...

This thread started out as a kind of holy grail, which was apparently so obvious on charts, that every idiot could see it...
There were lines drawn and everybody was puzzling for this secret method.

At the same time a kind of "Trading in the Zone" talk developed, inspiring even some people to write poetry...
That's more about fighting (or forgiving yourself), and not deciphering markets.

Rossky's last post identifies correctly a breakout pullback short, which refers to (known) Price Action methods.

So:
1. is there a secret method or is it based on common Price Action principles (e.g. Brooks)
2. can you trade it only if you have become "enlightened"?

Cheers, Onra

Interesting

You get a bit confused, and post an angry face

By chance do the markets or trading elicit the same… (rhetorical)
====================================================

The sum of the parts – make up the whole

We maintain one part is infinitely more important than the rest

But it would be disingenuous to totally ignore the remaining parts

In fact some parts are used to help grasp the most important part

======================================================

Think through this.., and your present dilemma

It may help bring clarity...., it will certainly go a long way in understanding what we believe to be most important.. and the essence of this thread..


===========================================================

Guru speak possibly… but I’m not known around here as being a guru – so take it for what its worth

================================================

Just because you hand a knife to a guy or gal – does not a butcher it make them

RN

 

[The Oracle]

what is the most important bar on the chart?

Quote from rossky:

Breakout --> Pullback --> Go!
On this snapshot there's a special situation produced by an Outside Down Bar. It made the First HH and it closed at a new Lower Low. Then a little pullback followed. The Outside Down Bar together with the little pullback forms an arrow showing us the direction we should go. The little bar on this blooming tree the low of which is marked as HL is where we would enter on the stop.
("We" = "I" here, 'cause there are several who talk in my head, always)

 

[alea_jacta_est]

Quote from The Oracle:

what is the most important bar on the chart?

The bar to the right of the one that closed at 33.58, which hasn't printed yet.

 

[The Oracle]

TO is just saying what he sees..each person has to think for self..what u see in a chart will always be a result of what u think..

Quote from J Ski:

I'm getting older and I think I have this damn ADHD, that some of the other guys that trade on here have. Thought it was only kids that got that.
So short of sitting under a tree, or walking through snow for 30 days like Buddha did, to achieve his altered state, I had my doctor find something to
at least manage it. Don't want to completely veg out, so it's got me stabilized somewhat.

"The knowing what to do.. but unable to do it..

Is a very dark… and a very lonely place"

It is dark, and then you think what you're doing and it gets darker,
lonely, then the price moving, it's quite unlike anything else you're used to.
It does take mind work, and right now I know it's important for
me to redo the foundation.


TO has helped so much, he really is a SENSEI for trading.
I keep trying to show Ross how to break his mind down, I don't know if he's done it.
He might be doing it now.
I'm not going to rehash how I got the blammo, but sheesh, it was a doozy.
Spun my brain good, it hasn't worked the same since

 

[The Oracle]

Quote from alea_jacta_est:

The bar to the right of the one that closed at 33.58, which hasn't printed yet.

let us see what some others think also?

 

[alea_jacta_est]

Quote from The Oracle:

let us see what some others think also?

Human experience (and trading) consists of a very few important events that happen during life and matter, and the hurricane of irrelevant thoughts of yourself (mainly) and others that occur in the mind, and that are, mostly, nothing.

So basically what others think is their own problem (to get rid off).

The Snow Man
by Wallace Stevens


One must have a mind of winter
To regard the frost and the boughs
Of the pine-trees crusted with snow;

And have been cold a long time
To behold the junipers shagged with ice,
The spruces rough in the distant glitter

Of the January sun; and not to think
Of any misery in the sound of the wind,
In the sound of a few leaves,

Which is the sound of the land
Full of the same wind
That is blowing in the same bare place

For the listener, who listens in the snow,
And, nothing himself, beholds
Nothing that is not there and the nothing that is.

http://www.youtube.com/watch?v=3K0oy2Na_pg&feature=related

 

[rossky]

Quote from The Oracle:

what is the most important bar on the chart?

The Outside Down Bar.

In this particular situation (the larger snapshot) it is a Gear Switch in a U-turn.

Also, this Outside Bar made the market one-sided. If it were me stopped out by this bar, I wouldn't be thinking going long again.

 

[baron193]

Quote from The Oracle:

what is the most important bar on the chart?

Hi to all, though I don't trade stocks the second break out (down) at around 36.50 and currently the last bar (KR) heading back towards the the same level, it could either retest it and fail again or punch right trough, my 5 cents.