Why Is The Obvious Not So Obvious?

[macattack]

I found this on the internet........thought it was appropriate.
I must stop reading the internet !!!

Reading, after a certain age, diverts the mind too much from its creative pursuits. Any man who reads too much and uses his own brain too little falls into lazy habits of thinking.
Albert Einstein

This isn’t exactly the best known quote by Einstein and I doubt many teachers quote this to their students. Reading is generally a good thing, but if it starts becoming a substitute for thinking on your own it can hold you back from reaching your potential.
This quote touches on a problem that holds many people back from actually accomplishing things. It is easy to spend so much time researching that you never actually execute. That doesn’t mean you shouldn’t read, do research and try to learn from others, but at some point you have to decide that you’ve gathered enough data and the time has come to do something. That may be starting your own business, writing a book or even repainting your living room. You have a very finite lifespan. Some people spend their life preparing for what they want to do without ever actually doing what they want to do.
Sometimes the most helpful situations are the ones that force you to go ahead and do something by removing the option to try to collect more information.

 

[Argent]

The 9:50 PT bar is flashing a long for 9:55.

Edit: Signal held for long 1347.75 at 9:55 PT.

 

[jack hershey]

Each bar makes its contribution.

and the five OOE's have their ranking of priority.

As you saw a pt3 bar would have qualified except for the fact that it was an "internal case" which means log a wait. The bar looks like it will become part of a lateral. On the chart the display will show blue boxes in side of the lateral red boxes.

this is set up as an automatic part of the display. Programmers call this "adding degrees of freedom". so programmers watching will see about 70 degrees of freedom that enhance the Pattern.

All bars relative to each other must be degapped to take out the momentary switch from BBid/BAsk at the jump at the end of one bar and the beginning of the next. This assures all internals and translation are properly categorized.

Bar 39 is the fourth bar of the current lateral. The Sym that began the lat needed to have a degapping. This means the boundary of the lat is adjusted from the second bar onward.

 

[macattack]

Quote from Redneck:

Damn MAC, busting on ole TO and I


Good to see you’re using critical thinking, clear eyes, and common sense

Which has been one of the overriding themes here all along

Keep it up

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Fact – my entire trading repertoire was simply me reading other’s stuff, then piecing together my own

Fact – I only became profitable once I took complete ownership of it – which included not listening to others

I can guarantee you, and everyone else reading this – you will only become profitable once;

You piece together your own trading methodology/ approach
You stop listening to others (including me)
You take complete control of your methodology/ approach (all of it)

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You and RN can’t be the only 2 traders in the world that don’t write rubbish


I completely agree with you…., in fact there are a few traders on this site; who post, and have posted – very good stuff

And I’ve never said otherwise


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Do I think people who read this are stuck in the same loop


I have no idea…

Most don’t post questions – so I can only assume they either know how to trade, and are simply getting entertainment… or are too reluctant to ask questions


413,057 views, with only 3198 posts as I write this – you do the math

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Aside;

I try to answer every question I’m asked – straight up…, the problem is the one asking the question, more times than not, doesn’t like the answer…

And I be damned if I’m going to argue with them

You ask, I’ll answer, not my problem if you don’t like the answer…

Because the bottom line is; each of us must figure out what works for us – then do it (I’ll repeat; THEN DO IT)


In my case, I’ve built my entire belief system, and my entire trading approach around one simple concept

The mkt is uncertain

I believe that way, I trade that way, and consequently what ever trading crap I spout is geared that way

So don’t come bitchin to me if you’re looking for certainty and I have none to give… or you’re looking for the way YOU should be trading – and I don’t have the answer….

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Now OTOH

Shall we point some common sense and clears eyes your way


You’ve said before you know how to trade and don’t need this thread…., but yet you persist in coming back

Hell you’ve even questioned my use of Sir – politeness really that foreign of a concept


And this very post of yours is so passive aggressive toward TO and I – it ain’t even funny

Then of course you ask for the pwd...w/ a smiley no less



Look I really don’t question, or care about your motives… either you’re profitable, or you’re not

I simply ask that you get on one side of the fence…. or the other


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For the record

I’ve already stated the absolute bottom line for profitable trading – in this thread – and in no uncertain terms

Do it.. or don’t do it… either way it won’t affect me one iota….

So obviously now, there is nothing more I can do..., or post – is there


Also for the record; best you read this post matter of factly… any other way and you’re injecting some sort of emotion that simply doesn’t exist on my part


Be up to TO whether you get the pwd..., or not – his chart..., his method..., his hard work

RN

Thanks for the reply sir.
You get me & Mysteron mixed up, but I will say now that I definitely don't need this thread. It's enjoyable to read it, but if anyone actually thinks they "need" a thread then they are doomed. If they need this one how many other threads do they need out there?

Unfortunately I'll probably just remain passive-aggressive.............it's my nature. Who ever decided "passive-aggressive" was a bad trait anyway? Not me. I give equal weight to someone who is aggressive as to someone who is passive-aggressive.

Anyway I agree with what you post above & I enjoy your other postings. Happy trading !

 

[Argent]

Quote from jack hershey:

All bars relative to each other must be degapped to take out the momentary switch from BBid/BAsk at the jump at the end of one bar and the beginning of the next.

That was a jest to make sure we're awake, yes?

 

[river]

Quote from jack hershey:

I'm reversing long on bar 3 and 4.

Good to see you posting again--I hope this is an indicator that your health is improving.

You posted earlier that this morning you would be shorting within the first 20 seconds or so. Did you then wash when bar 1 violated the bookmark from bar 69 on Friday (if I recall correctly and adjusted for the opening gap)? Did you wash again when the bookmark on bar 1 was violated?

-river

 

[Argent]

Quote from Argent:

The 9:50 PT bar is flashing a long for 9:55.

Edit: Signal held for long 1347.75 at 9:55 PT.

Here is the chart that made the call. Are we looking at the same charts, Jack?

 

[Argent]

Now the 10:10 PT bar is flashing a short for 10:15.

Edit: The tentative short signal did not persist to 10:15, so still long from the previous call.

 

[Argent]

The 10:15 PT bar is flashing a tentative short for 10:20.

 

[jack hershey]

Quote from jack hershey:

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.

You saw the initial boundaries for the T2; the P2 side increased and no new T1's were allowed at that time. So on bar 43 the T2 and pt3 brought the retrace to an end.

as you Agent did not call the retrace as the end of the trend. Good for him. Bar 44 completes the range of limits for the P3 volume.

If you are a PA person then you now have the geometri parallelogram for the end of the trend. Most PA traders only trade from bar 43 onward; from bar 21 to 43 they are sidelined usually (see various threads to prove this to yourself.)