Jack dont you know that refering to BOes you actually refer to price action?I`m just trying be honest here.Dont you think McDull do not deserve the honest answer??
Hi Jack: Thanks! By the way, I drew a few days OHLC charts on A3 graph paper during new year and I found the following information very useful. By drawing the bars, I found something subtle. I would never notice that little things if chart plotting is done by PC. Really appreciate your help.
I guess your posts are intended to convey humor. Good for you. I particularly liked your helpful post to McDull. FYI all trends have ended at the point where a BO of the RTL has occurred. A FBO comes later and adjustments are made then. At any rate the prior trend profits have already been banked. I trade with regard to the P, V relationship. PA is a subset of the P,v relationship. It is very commendable to be honest when you post.it is even more impostant to be honest with yourself when you trade. Morge is a very good reference for you to read. aside from being a well know trader, he also does his charts in real time using a pencill. the ohuse is usually packed when he speaks. f he is on a panel, other panelists respect him I
"FYI all trends have ended at the point where a BO of the RTL has occurred." Its true,but what is happenning in between?FBOes-FBOes-FBOes...all the time.I agree with your 'carving the turns' idea,but why spend time on BOes?Do they have only illustrative purpose? "A FBO comes later and adjustments are made then. At any rate the prior trend profits have already been banked." Can you please elaborate on these 2 statements?For e.g.What kind of adjustment?Prior trend profit?Prior to what? Thanks
You don't sound like a detractor. Amazing flip, LOL. All his followers who work and think critically should know the answers you are seeking. The only difference amongst them is on the ability to carve turns with appropriate tools. But here you want to jump into the money immediately, hehe. I can guarantee you that the answers will make your brain spins as your mindset is a simple simon. Don't try as you will get hurt more. My two cents.