Why Is The Obvious Not So Obvious?

traderflowbee5 said:
BLSH and SHBL is subjective
... buy low(s) sell high(s) over any particular time period is not subjective at all
then the question becomes, over what time period ?

whether you choose 1 day or a year, there is no uncertainty as to where the lowest or highest point is in any given time period

nice thread in the beginning, too bad it didn't continue
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Mostly due to the usual suspects!

All bars are the same, as in OHLC.

You can not trade the 1 min bar the same as the 30 min bar, for obvious reasons.

Therefore, you must pick the best timeframe for signals, based on what the charts are showing - if you can not see what the charts show, then, you really do have one big problem!

J_S
 
traderflowbee5 said:
theobviousissofrigginobvious...... you can't buy unless you know what is definitely low and you can't sell unless you know what is definitely high
just as nyse said, the market can always go lower or higher... but if you know what is low, then the market can only go lower than what is already low.... and it is just a question of capital management
however if you are not sure if the market is low, then when the market goes lower you can't manage risk because you don't know what is low.... for all you know the market may still be high
so how does one determine what is low or high ? that is the secret and that is what only 3 or 4 of us knights templar are privileged enough to know. however anything that is a good secret is most likely very obvious as well.
the best place to hide something is to not hide it at all and to make people believe that it is hidden.
knights templar !!!
(oh what the heck... the secret is to get the best 20 or 30 indicators and line them up on top of each other and when they all agree, you are in the know (and make sure you have a wide screen so that price itself is flattened to an almost imperceptible blip) )
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When you say "knowing what is high and what is low"...it always makes me think of the VOLUME PROFILE TOOL.:D
 
Some of the discussions remind of my college days, where I would be asked to write a few paragraphs on a topic I did not know much about and I would use the little I knew and expand it into two paragraphs of utter bullcrap so it did not look like a simple answer with very little context. :D
 
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