You can do a search for user "ammo" and keyword "ledge" and you'll find all his posts where he mentions this. Or you can back up a few posts and...
Good post, xspurt. Unfortunately, Marketsurfer won't read it since he has you on ignore (and he won't see this as he has me on ignore, too)....
Interesting reaction. I guess you're not going to elaborate on market data being pseudo random then. By the way - I thought you had more people...
We were discussing your statement that market data is pseudo random. I never mentioned charts or candlesticks. And you have no idea what data I...
:eek: :p
No. If your assumption was true, I wouldn't need to know the inputs - there are always patterns that repeat in a pseudo random number sequence....
Surf, I'm posting this reply here as I don't want to derail MAESTROs thread further: It's you who stated that markets are "pseudo random", I...
You know that a pseudo random number sequence is totally predictable, right? Whereas a true random sequence isn't? :p
Thanks roreilly.
Ok thanks. So it's relative to the time spent there, a deeper cleavage would probably mean that price did not spend much time there at all and...
Ok, but how do you know where the S/R levels are then? If a "ledge" is 25 ticks wide on one chart it's kind of fuzzy isn't it? I'm just...
ammo, what resolution do you have on the price axis (as in how many ticks wide is each volume bar, the ledge etc)?
Yeah, as exemplified in the Surf's Special Situation Journal thread :p .
First MAESTRO -- thank you again for this thread. I really enjoy the exchange between all participants (yeah, even Surf). I guess one way of...
Love that name :) .
There is no evidence that the use of the soroban increases mathematical ability. It does however change the way the brain does that specific type...
"...the formal system that underlies all mental activity transcends the system that supports it" from Gödel, Escher, Bach: An Eternal Golden...
How do you know that it's used by the top 1%?
You're a very smart entity, Mr M, and always a pleasure to read. What are those indicators? In what sense are they orthogonal? If you will --...
Thank you. Interesting stuff. I am guessing you learn to see patterns in the "gauges", and use those patterns for acutal trading? Do traders...
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