Getting down and dirty is where the rubber meets the road ...

Discussion in 'Strategy Building' started by charts, Mar 31, 2010.

  1. The outside bar is interesting because the way it is annotated it seems that you first start with a LTL and then clone that one to get the RTL. Normally you always start with the RTL. From an annotation point of view the question is also do you ALWAYS draw both of those LTLs? Or depending on the close (or other criteria) do you only draw one of them? What implications does it have for drawing volume gaussians? There is also this "reset" thing. Which means (guessing here) that when the OB appears you reset your sequence and restart annotating from the OB. But I see more often that you don't reset but realign your previous RTL to the low or high of the OB.

    What? One bar can cause so many questions?
     
    #241     May 1, 2010
  2. charts

    charts

    Thanks Jack :) Iteratively getting to know more and knowing it ..
     
    #242     May 1, 2010
  3. charts

    charts

    Let's see what I know ... :)
     
    #243     May 1, 2010
  4. Hi charts,

    what do the arrows that you always draw mean? Are they of any importance?

    Thanks.
     
    #244     May 1, 2010
  5. charts

    charts

    2: no ... :)
    1. estimated price movement
     
    #245     May 1, 2010
  6. charts

    charts

    My CO
     
    #246     May 1, 2010
  7. dkm

    dkm

    Seems to me that you are not considering bar 1 and bar 2 as one bar, as Jack suggests when a sym appears. My interpretation of "treat as one bar" is that we must wait until then next bar forms before we can decide how to draw an rtl. If the next bar is also a sym then I presume we wait for the next bar, etc. Perhaps Jack could clarify.
     
    #247     May 1, 2010
  8. charts

    charts

    With collapsed syms.
     
    #248     May 1, 2010
  9. charts

    charts

  10. Here is a clean page 4
     
    #250     May 1, 2010