Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
Went long on bar 3 and bookmark appeared on bar 4 so was wash reversal short.
R2R of then short occurred on bar 8 as sub after BookMark. So long on bar 8
Pt# was bar 13 so reversal is soon to happen. Testing regions are set at this point. (bar 2o) turn will be bar 21 to go short.
then assure no bookmark.
For all skimmer type readers.
read a little then go back to the top and read.
grasp the topic thoroughly.
In moct posts that are calls as was my post, there is a preamble to the call.
In trading the preamble has a name. Get a color of majic marker and always use that color to hi lite the preamble.
In trading the preampble is called CONTEXT.
The other color marker you use exclusively is the CALL color
Good luck
In the primary OOE the TI's (bars 25, 27 mark the way to the end of the first move Pt2, P2 (as a P,V vector pair)
we are holding the trade to get to the last move.
I call that the last move is several bars out; have a smoke.
the red box is a lateral;now it is five bars long and only thefirst bar was annotated.
Now the call part. we still need to find pt2, P2, then P3, T2 and following that an FTT, P3 pass. OB count as two events.
notice we have been in a short and the market has "slowed down". #4 became the end of the first of three moves of the short hold.
Now the call part. We will exit and simultaneously reenter long @ the FTT of price and the P3 of volume.
To do this we will do the OOE's of the subfractal of the last trend move. To get the first point of the sub (pt3, volume has to be between the volumes on bars 32 and 34. This is a call for pt 3. Look at bar 36
that was fun.
bar 36 did not pass the criteria of the test procedure.
It was written down as the logging took place.
So bar 36 is a new P2.
In the pattern after point 2 their is a non dominant move. It is called a retrace. We are in the retrace now on bar 37.
It is important to know the difference between a retrace and a reversal. this post illustrates a retrace now.
bar 36 did not pass the criteria of the test procedure.
It was written down as the logging took place.
So bar 36 is a new P2.
In the pattern after point 2 their is a non dominant move. It is called a retrace. We are in the retrace now on bar 37.
It is important to know the difference between a retrace and a reversal. this post illustrates a retrace now.
Quote from The Oracle:
no..why..cause it will not benefit u at this stage
actually..TO is considering to not post any more charts of videos..it just so happens that TO's latest hard work is turning out to be far better than he imagined..and..it would be just plain damn silly to give it away..especially to people who do not understand what is involved in progressing at trading
u must learn to read between the lines..everything u do should be for UR benefit..fuk everyone else..and if that means using other people..if u want to call it that..to stimulate ur mind..so that u can come up with some new idea that is beneficial..then just do it
others may also benefit in the process..but..if they do it will be up to them solely..not TO or RN..or even JH himself
to advance in trading..u need to get the fukin lead out of ur pants..cop the fuk on reading bullshit about nothing of value..and put in the hard work to find out what works for YOU..and what does not
so MK..do u see what a kind of a bollox TO really is..but..TO is just a little pussy cat compared to the fukin bastards that run these markets
as RN keeps saying..go figure
i will be keeping a record of my development/testing/progress..screenshots and videos..and may post some of it later..or may not..it all depends on how i feel..and what people post
posting will be curtailed for now..have some serious work to start on now as excel file is now complete..so..advice for others..should u care to accept it..is..trade what u see..not what u think u see
TO
btw..please feel free to call TO a bastard if u like..for TO takes no offense at such names..in fact..it makes him smile..as it means he is getting closer to the real bastards
Thank you for not giving me the password. I waste way too much time
reading things on the internet, so I'm trying to break that habit as it's just a waste of time. I was hoping you would say no as whatever it is is you came up with is likely no benefit to me no matter what stage I may or may not be in.
I must stop reading the internet !!!
I have no reason to call you a bastard; you're just a stranger that posts unique interesting posts on an internet forum, and I enjoy reading those posts. So anyway I wish you good luck on your new project, and don't forget to scrape the black burnt stuff off your toast, or better yet just turn the toaster to a lower setting.