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Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
When you gt into a lateral that is 7 bars long, then you treat all bars as sub bars and go thrru the process in a spare column of doing the sub OOE.
Since this is in a retrace at this point it will help you calc the second move of the trading fractal.
It is not so much a money thing as it is of "being on the correct side of the market.
this is midday in the Summertime.
Since this is in a retrace at this point it will help you calc the second move of the trading fractal.
It is not so much a money thing as it is of "being on the correct side of the market.
this is midday in the Summertime.
Excellent chart. Thanks for helping others.
Quote from jack hershey:
No.
OK. Thank you for your answer--I may have missed something critical here because I thought we would always bookmark at an FTT (bar 69 on Friday as I mentioned above).
Any hints on when to let the volume pattern continue to develop while ignoring the bookmarks and when to wash and reverse at the bookmarks?
Perhaps I've made an error here at M or A of the MADA process or perhaps you didn't take action at the bookmark on bar 1 in the hopes that others could recognize the pattern more easily?
-river
The firt lateral only completed 6 bars until the BO of LAT on bar 52. We first test for an EE then test for a primary trend category.
In this situation (not a call since it has passed) the test for EE is a pass and the reversal short occurred. Therefor no category test occurs. since the EE category calls for an assignment of P! to this bar 52. it serves as Pt1 of the price geometry.
we are in bar 6 of the prsent lat on bar 57; the degapped boundary is beting touched .
expect BO here and it is the first trough of the pattern.
In this situation (not a call since it has passed) the test for EE is a pass and the reversal short occurred. Therefor no category test occurs. since the EE category calls for an assignment of P! to this bar 52. it serves as Pt1 of the price geometry.
we are in bar 6 of the prsent lat on bar 57; the degapped boundary is beting touched .
expect BO here and it is the first trough of the pattern.
So this narration in the form of timely calls make a point for giving consideration to RDBMS type trading.
We have traversed the day's range four times in 52 bars. we also accomplished working with the market to stay on the correct side of the market as our primary goal.
The sweet spot is the 5 minute bar. Doing a routine over and over works so well. this is doing drills which, being structurally consistent, allows your mind to become differentiated.
As you see at some point, this established spectrum in the mind, causes the curiousity of the mind to prompt questions.
Framing questions is the last stage before the fluidity of the mind affords the use of a fully differentiated mind. The mind is looking at the OBVIOUS subconsciously. It as you sleep keeps working to assemble the spectrum. Before the final parts of iterative refinement of the spectrum, the mind gets very clear about the precicion that is possible.
All people in many arenas achieve mind spectrums subject by subject. We all have many.
BUT the down side is when the OBVIOUS IS NOT SO OBVIOUS and a person turns and steps out of his partnership to either BET or INVENT. Neither allow the mind to progress in its job of building the spectrum for the subject.
A good example is driving a car. try betting and try inventing while driving your car. what you get is called a "WRECK".
a new title for a tread may be: Why be wreckless while trading. I know it is just a quaint play on words.
We have traversed the day's range four times in 52 bars. we also accomplished working with the market to stay on the correct side of the market as our primary goal.
The sweet spot is the 5 minute bar. Doing a routine over and over works so well. this is doing drills which, being structurally consistent, allows your mind to become differentiated.
As you see at some point, this established spectrum in the mind, causes the curiousity of the mind to prompt questions.
Framing questions is the last stage before the fluidity of the mind affords the use of a fully differentiated mind. The mind is looking at the OBVIOUS subconsciously. It as you sleep keeps working to assemble the spectrum. Before the final parts of iterative refinement of the spectrum, the mind gets very clear about the precicion that is possible.
All people in many arenas achieve mind spectrums subject by subject. We all have many.
BUT the down side is when the OBVIOUS IS NOT SO OBVIOUS and a person turns and steps out of his partnership to either BET or INVENT. Neither allow the mind to progress in its job of building the spectrum for the subject.
A good example is driving a car. try betting and try inventing while driving your car. what you get is called a "WRECK".
a new title for a tread may be: Why be wreckless while trading. I know it is just a quaint play on words.
This post handles a new subject: the OB
bar 59 is an Outside bar and it occurs in the OOE: P1, T1.
we test for a repeat of T1 and get false. So we do a reverse chron test of prior established categories. we get false for P1. So the next part of finding the category is to go forward from T1 and test the next element in the OOE. we find that it is true so we have a first pt as P2. To get the second pt of the OB we assign the next category in the OOE: it is T2P (trough 2 and a particular side of the sub fractal as well.
QED.
bar 59 is an Outside bar and it occurs in the OOE: P1, T1.
we test for a repeat of T1 and get false. So we do a reverse chron test of prior established categories. we get false for P1. So the next part of finding the category is to go forward from T1 and test the next element in the OOE. we find that it is true so we have a first pt as P2. To get the second pt of the OB we assign the next category in the OOE: it is T2P (trough 2 and a particular side of the sub fractal as well.
QED.